Europe Rolling Stock Market Size, Share & Trends Analysis Report By Type (Diesel, and Electric), By Product (Wagon, Rapid Transport, and Locomotive), By Train Type (Rail Freight, and Passenger Rail), By Country and Growth Forecast, 2023 - 2030
The Europe Rolling Stock Market would witness market growth of 4.5% CAGR during the forecast period (2023-2030).
They play a critical role in trade by connecting landlocked regions to ports and facilitating the movement of goods across borders. The freight trains contribute to the development of trade networks. The implementation of digital technologies is transforming the market. Smart railways leverage sensors, Internet of Things (IoT) devices, and connectivity to enhance operational efficiency and passenger experience. Real-time monitoring, predictive maintenance, and data analytics provide safer and more reliable rail services. Countries are investing in high-speed rail infrastructure to reduce travel times between major cities, enhance connectivity, and provide a competitive alternative to air travel. Ongoing projects and plans for new HSR lines indicate a sustained focus on high-speed rail development.
The shift towards electrification is a significant trend in the market. Electric trains, powered by overhead wires or third rails, are becoming more prevalent due to their environmental benefits and operational efficiency. Additionally, there is a growing interest in alternative propulsion technologies, including hydrogen fuel cells and battery-electric trains, aiming to reduce dependence on traditional diesel-powered locomotives. Sustainability is a key driver influencing the stock trends.
Spain features the AVE, one of the world’s most comprehensive high-speed rail networks. Major cities in Spain, including Madrid, Barcelona, and Valencia, have been expanding their urban rail and metro networks. The market in Spain is characterized by integrating modern technologies, including digitalization, automation, and smart systems. Spain’s rail network is part of the larger European rail system. Spain is a popular tourist destination, and rail services significantly transport tourists between major cities and tourist attractions. The renewal of aging stock is a common trend in many rails industry, including Spain. Spain has a strong tradition of manufacturing of these stocks, with companies like Talgo and CAF (Construcciones y Auxiliar de Ferrocarriles) being key players. Thus, all these factors will uplift the regional market’s expansion in the coming years.
The Germany market dominated the Europe Rolling Stock Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,546.5 Million by 2030. The UK market is exhibiting a CAGR of 3.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.2% during (2023 - 2030).
Based on Type, the market is segmented into Diesel, and Electric. Based on Product, the market is segmented into Wagon, Rapid Transport, and Locomotive. Based on Train Type, the market is segmented into Rail Freight, and Passenger Rail. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Alstom SA (Alstom Transport)
- Kawasaki Heavy Industries, Ltd.
- Siemens AG (Siemens Mobility)
- Wabtec Corporation (GE Transportation)
- Hitachi, Ltd. (Hitachi Rail Systems)
- CRRC Corporation Limited
- Hyundai Motor Company (Hyundai Rotem Company)
- IHI Corporation (Dai-ichi Life)
- Mitsubishi Heavy Industries Ltd. (Mitsubishi Power, Ltd.)
- Trinity Industries, Inc. (TrinityRail)
By Type
- Diesel
- Electric
- Wagon
- Rapid Transport
- Locomotive
- Rail Freight
- Passenger Rail
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Rolling Stock Market, by Type
- 1.4.2 Europe Rolling Stock Market, by Product
- 1.4.3 Europe Rolling Stock Market, by Train Type
- 1.4.4 Europe Rolling Stock Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. Strategies Deployed in Rolling Stock Market
- Chapter 5. Europe Rolling Stock Market by Type
- 5.1 Europe Diesel Market by Country
- 5.2 Europe Electric Market by Country
- Chapter 6. Europe Rolling Stock Market by Product
- 6.1 Europe Wagon Market by Country
- 6.2 Europe Rapid Transport Market by Country
- 6.3 Europe Locomotive Market by Country
- Chapter 7. Europe Rolling Stock Market by Train Type
- 7.1 Europe Rail Freight Market by Country
- 7.2 Europe Passenger Rail Market by Country
- Chapter 8. Europe Rolling Stock Market by Country
- 8.1 Germany Rolling Stock Market
- 8.1.1 Germany Rolling Stock Market by Type
- 8.1.2 Germany Rolling Stock Market by Product
- 8.1.3 Germany Rolling Stock Market by Train Type
- 8.2 UK Rolling Stock Market
- 8.2.1 UK Rolling Stock Market by Type
- 8.2.2 UK Rolling Stock Market by Product
- 8.2.3 UK Rolling Stock Market by Train Type
- 8.3 France Rolling Stock Market
- 8.3.1 France Rolling Stock Market by Type
- 8.3.2 France Rolling Stock Market by Product
- 8.3.3 France Rolling Stock Market by Train Type
- 8.4 Russia Rolling Stock Market
- 8.4.1 Russia Rolling Stock Market by Type
- 8.4.2 Russia Rolling Stock Market by Product
- 8.4.3 Russia Rolling Stock Market by Train Type
- 8.5 Spain Rolling Stock Market
- 8.5.1 Spain Rolling Stock Market by Type
- 8.5.2 Spain Rolling Stock Market by Product
- 8.5.3 Spain Rolling Stock Market by Train Type
- 8.6 Italy Rolling Stock Market
- 8.6.1 Italy Rolling Stock Market by Type
- 8.6.2 Italy Rolling Stock Market by Product
- 8.6.3 Italy Rolling Stock Market by Train Type
- 8.7 Rest of Europe Rolling Stock Market
- 8.7.1 Rest of Europe Rolling Stock Market by Type
- 8.7.2 Rest of Europe Rolling Stock Market by Product
- 8.7.3 Rest of Europe Rolling Stock Market by Train Type
- Chapter 9. Company Profiles
- 9.1 Alstom SA (Alstom Transport)
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Acquisition and Mergers:
- 9.1.5.2 Geographical Expansions:
- 9.1.6 SWOT Analysis
- 9.2 Kawasaki Heavy Industries, Ltd.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 SWOT Analysis
- 9.3 Siemens AG (Siemens Mobility)
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Product Launches and Product Expansions:
- 9.3.5.2 Acquisition and Mergers:
- 9.3.5.3 Geographical Expansions:
- 9.3.6 SWOT Analysis
- 9.4 Wabtec Corporation (GE Transportation)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional & Segmental Analysis
- 9.4.4 Recent strategies and developments:
- 9.4.4.1 Acquisition and Mergers:
- 9.4.5 SWOT Analysis
- 9.5 Hitachi, Ltd. (Hitachi Rail Systems)
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 SWOT Analysis
- 9.6 CRRC Corporation Limited
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 SWOT Analysis
- 9.7 Hyundai Motor Company
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 SWOT Analysis
- 9.8 IHI Corporation (Dai-ichi Life)
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 SWOT Analysis
- 9.9 Mitsubishi Heavy Industries Ltd.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 SWOT Analysis
- 9.10. Trinity Industries, Inc. (TrinityRail)
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 SWOT Analysis
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