Rolling Stock Market In Europe 2024-2028
The rolling stock market in Europe is forecasted to grow by USD 3.01 bn during 2023-2028, accelerating at a CAGR of 3.27% during the forecast period. The report on the rolling stock market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by investments in new railway projects, growing investments in urban rail transit, and rising urbanization and emerging PPP model.
Technavio's rolling stock market in Europe is segmented as below:
By Application
- Freight transportation
- Passenger transportation
By Product
- Freight car
- Passenger transit vehicle
- Locomotive
This study identifies the digital transformation gaining traction in railway industry as one of the prime reasons driving the rolling stock market in Europe growth during the next few years. Also, development of battery-electric locomotives and innovations in locomotive manufacturing will lead to sizable demand in the market.
The report on the rolling stock market in Europe covers the following areas:
- Rolling stock market in Europe sizing
- Rolling stock market in Europe forecast
- Rolling stock market in Europe industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rolling stock market in Europe vendors that include ABB Ltd., ALSTOM SA, Bombardier Inc., Bozankaya AS, CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES S.A., CRRC Corp. Ltd., HeiterBlick GmbH, Hitachi Ltd., Hyundai Motor Co., MODERTRANS POZNAN Sp. z.o.o., PATENTES TALGO S.L.U., PJSC, Proact IT Group AB, Siemens AG, Stadler Rail Ag, The Greenbrier Companies Inc., UWC RPC PJSC, Volkswagen AG, Wabtec Corp., and Trinity Industries Inc.. Also, the rolling stock market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.