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Global Rolling Stock Market Research Report: Forecast (2023-2028)

By Product Type (Locomotive, Rapid Transit Vehicles, Wagon, Metros, Trams, Monorails, Passenger Coaches, Others), By Propulsion (Diesel, Electric), By End User (Passenger Transit,......Cargo Train), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (CAF (Construcciones Y Auxiliar De Ferrocarriles, S.A.), Hitachi, Ltd., Alstom, CRRC Corporation Limited, IHI Corporation, Hyundai Corporation, Kawasaki Heavy Industries, Ltd., Nippon Sharyo, Ltd., Mapna Group, ŠKODA TRANSPORTATION a.s., Trinity Rail, Siemens Mobility, The Greenbrier Co., GE Transportation, Wabtec Corporation) Read more

Automotive
May 2023
Pages 189
Report Format: PDF, Excel, PPT

Market Definition

Rolling stock is referred to as wheeled vehicles like wagons, locomotives, freights, & rapid transit vehicles, among others, which play an integral role in facilitating cost-effective, comfortable, & reliable transportation for both passengers and transporting goods across long distances.

Market Insights & Analysis: Global Rolling Stock Market (2023-28)

The Global Rolling Stock Market is projected to grow at a CAGR of around 4.13% during the forecast period, i.e., 2023-28. The growth of the market is projected to be driven mainly by the expansion of railway routes worldwide, rapidly increasing urbanization, rising traffic congestion, and the mounting demand for comfortable & shorter journeys. In addition, the increasing electrification of railway networks, the replacement of old rolling stocks, and various ongoing & upcoming railway projects are also expected to boost the market in the coming years.

Report Coverage	Details
Study Period	Historical Data: 2018-21
	Base Year: 2022
	Forecast Period: 2023-28
CAGR (2023-2028)	4.13%
Regions Covered	North America: US, Canada, Mexico
	Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
	Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
	South America: Brazil, Argentina, Rest of South America
	Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
Key Companies Profiled	CAF {Construcciones Y Auxiliar De Ferrocarriles, S.A.], Hitachi, Ltd., Alstom, CRRC Corporation Limited, IHI Corporation, Hyundai Corporation, Kawasaki Heavy Industries, Ltd., Nippon Sharyo, Ltd., Mapna Group, ŠKODA TRANSPORTATION a.s., Trinity Rail, Siemens Mobility, The Greenbrier Co., GE Transportation, Wabtec Corporation
Unit Denominations	USD Million/Billion

With some remarkable technological advancements in recent years, railway travel has become more convenient, fast, comfortable, environmentally friendly, and equipped with facilities. The leading players in the industry are constantly working on introducing innovative solutions based on rolling stocks' existing technical advantages. Several companies are even developing lightweight components in order to increase the fuel efficiency & reliability of trains. For instance:

In April 2022, BHEL (Bharat Heavy Electricals Limited) received an order from NTPC for 6 electric locomotives to be used for the first time in India for industrial application. The locomotives will be manufactured at the company's production facility in Jhansi, Uttar Pradesh.

Moreover, the emergence of regenerative braking technology has also aided in increasing the efficiency of rolling stocks as it facilitates energy conservation while decreasing the need for mechanical breaks. Over the forecast years, the deployment of metro & subway trains in all the major cities, coupled with the mounting demand for high-speed & autonomous trains worldwide, would contribute significantly toward spurring growth in the market.

Global Rolling Stock Market Research Report (2023-2028) - Table of Contents

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Rolling Stock Market Mergers & Acquisitions, 2018-2022
Global Rolling Stock Market Regulations and Policy
Global Rolling Stock Market Trends & Developments
Global Rolling Stock Market Dynamics
1. Drivers
2. Challenges
Global Rolling Stock Market Hotspots and Opportunities
Global Rolling Stock Market Outlook, 2018-2028
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Product Type
    1. Locomotive
    2. Rapid Transit Vehicles
    3. Wagon
    4. Metros
    5. Trams
    6. Monorails
    7. Passenger Coaches
    8. Others (Hyperloop, Bullet Trains, etc.)
  2. By Propulsion
    1. Diesel
    2. Electric
  3. By End User
    1. Passenger Transit
    2. Cargo Train
  4. By Region
    1. North America
    2. South America
    3. Europe
    4. The Middle East & Africa
    5. Asia-Pacific
North America Rolling Stock Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Product Type- Market Size & Forecast 2018-2028, USD Million
  2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
  3. By End-Use- Market Size & Forecast 2018-2028, USD Million
  4. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
4. Canada Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
5. Mexico Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
South America Rolling Stock Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Product Type- Market Size & Forecast 2018-2028, USD Million
  2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
  3. By End-Use- Market Size & Forecast 2018-2028, USD Million
  4. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
3. Brazil Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
4. Argentina Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
Europe Rolling Stock Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Product Type- Market Size & Forecast 2018-2028, USD Million
  2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
  3. By End-Use- Market Size & Forecast 2018-2028, USD Million
  4. By Country
    1. Germany
    2. The UK
    3. France
    4. Italy
    5. Spain
    6. Rest of Europe
3. Germany Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
4. The UK Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
5. France Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
6. Italy Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
7. Spain Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
The Middle East & Africa Rolling Stock Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Product Type- Market Size & Forecast 2018-2028, USD Million
  2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
  3. By End-Use- Market Size & Forecast 2018-2028, USD Million
  4. By Country
    1. Saudi Arabia
    2. The UAE
    3. South Africa
    4. Rest of Middle East and Africa
3. Saudi Arabia Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
4. The UAE Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
5. South Africa Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
Asia-Pacific Rolling Stock Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Product Type- Market Size & Forecast 2018-2028, USD Million
  2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
  3. By End-Use- Market Size & Forecast 2018-2028, USD Million
  4. By Country
    1. China
    2. Japan
    3. Australia
    4. India
    5. South Korea
    6. Rest of Asia-Pacific
3. China Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
4. Japan Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
5. Australia Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
6. India Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
7. South Korea Rolling Stock Market Outlook, 2018-2028F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Product Type- Market Size & Forecast 2018-2028, USD Million
    2. By Propulsion- Market Size & Forecast 2018-2028, USD Million
    3. By End-Use- Market Size & Forecast 2018-2028, USD Million
Global Rolling Stock Market Key Strategic Imperatives for Success & Growth
Competitive Outlook
1. Company Profiles
  1. CAF (Construcciones Y Auxiliar De Ferrocarriles, S.A.)
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Hitachi, Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Alstom
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. CRRC Corporation Limited
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. IHI Corporation
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Hyundai Corporation
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Kawasaki Heavy Industries, Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Nippon Sharyo, Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Mapna Group
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. ŠKODA TRANSPORTATION a.s.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. Trinity Rail
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  12. Siemens Mobility
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  13. The Greenbrier Co.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  14. GE Transportation
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  15. Wabtec Corporation
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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