Rolling Stock Market in North America 2024-2028

Rolling Stock Market In North America 2024-2028

Technavio has been monitoring the rolling stock market in North America and is forecast to grow by USD 1,690.33 mn during 2023-2028, accelerating at a CAGR of 3.71% during the forecast period. Our report on the rolling stock market in North America 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 increased demand for freight wagons, growing urbanization and emerging PPP model, and increasing investments in rail transportation.

Technavio's rolling stock market in North America is segmented as below:

By Product

• Rapid transit vehicles
• Railroad cars
• Locomotives

By Type

• Rail freight
• Rail passenger

This study identifies the low transportation cost of freight as one of the prime reasons driving the rolling stock market in North America growth during the next few years. Also, innovation in locomotive manufacturing and electrification and hybrid solutions will lead to sizable demand in the market.

Technavio 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. Our report on the rolling stock market in North America covers the following areas:

• Rolling stock market in North America sizing
• Rolling stock market in North America forecast
• Rolling stock market in North America industry analysis

Technavio's 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 North America vendors that include ALSTOM SA, American Industrial Transport Inc., Bombardier Inc., Brookville Equipment Corp., Caterpillar Inc., COLMAR Technik S.p.a., CRRC Corp. Ltd., FreightCar America Inc., General Electric Co., Hitachi Ltd., Hyundai Motor Co., National Steel Car Ltd., Railserve Inc. , Siemens AG, Stadler Rail Ag, The Greenbrier Companies Inc., Trinity Industries Inc., United Rentals Inc., Western Train Co., and WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.. Also, the rolling stock market in North America 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth