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Global Rolling Stock Industry Market Dynamics & Strategic Insights 2021-2030

Published : Feb 2021

Report ID: FMO8401

Pages : 250

Format :

Rolling stock is a locomotive, carriage, or other vehicle used in the railway transport industry. It is used for overall transportation services offered for carrying passengers and industrial products. Rolling stock is highly customized and can be altered according to requirement.
Global Rolling Stock Market іѕ ѕеgmеntеd on the bаѕіѕ оf Vehicle (Locomotives, Passengers Carrier, Freight Carriers, and Rapid Transit Vehicles) Technology (Conventional, and Turbocharged) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Rolling Stock Market wаѕ vаluеd аt UЅD 65,265.3Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 5.3% frоm 2021 tо 2030.
The report on Global Rolling Stock Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Rolling Stock Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Rolling Stock Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Rolling Stock Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Rolling Stock Market.
Market Dynamics:

Rapid urbanization in developing countries, increasing investment in the development and maintenance of railway tracks, and increasing fast and reliable railway networks are major factors driving the growth of the global rolling stock market. Also, the rising demand for flexible and high capacity carriers to fulfill the demand of country supply chain activities is another factor expected to support the growth of the global rolling stock market. However, high capital investment is a major factor hampering the growth of the global rolling stock market. Also, stringent competition from other modes of transport is expected to challenge the growth of the global rolling stock market. Technological advancement such as the development of robust ball valves is expected to present new opportunities to market players operating in the global rolling stock market over the forecast period.
Segmental Analysis:

Among the vehicle segments, the rapid transit vehicle segment is accounted for a major revenue share and is expected to maintain its dominance in the global market. This is attributed to the high-speed and enhanced comfortability features of such vehicles. Moreover, the demand for automated trains and magnetic levitation trains, among end-users for public transportation, is expected to continue to increase over the forecast period. Numerous industries are adopting rail wagons for the transportation of goods as they are economical and reliable. Currently, many companies and governments of various countries are making considerable investments to replace their existing rolling stock. Car carrier wagons, flat wagons, hopper wagons, and tank wagons, among others, are the most commonly used wagon types for transporting goods.
Among the technology segments, the Turbocharged segment is projected to register a significant revenue share in the global market.
Among the train type segments, the rail passenger is expected to register the highest revenue share in the global market, due to the increasing demand for passenger rails has been constantly globally. Moreover, passenger rails are mass transit systems and hence, are more cost-effective than roadways. Trams, metros, and high-speed trains are the most preferred passenger rails, owing to their faster transportation service.
Regional Analysis:

North America market is dominating the global rolling stock market and accounts for the largest market share in terms of revenue as compared to that of markets in other regions. This is attributed to the presence of leading rolling stock manufacturers, and the rise in several industries opting use of rolling stock over other modes of transport. Europe market accounts for the second-largest revenue share contribution to the global rolling stock market followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to have the fastest growth in terms of revenue, owing to increasing infrastructure development related to the railway industry, and the rise in government initiatives for the development of rolling stock networks in emerging economies in this region.
Global Rolling Stock Market Segmentation:

Segmentation by Vehicle:
• Locomotives
• Passengers Carrier
• Freight Carriers
• Rapid Transit Vehicles
Segmentation by Technology:
• Conventional
• Turbocharged
Segmentation by Train Type:
• Rail Freight
• Passenger Rail
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Players:

Alstom SA
Bombardier Transportation
CSR Corporation Limited
CJSC Sinara Group
Hitachi, Ltd.
Japan Transport Engineering Company
Kawasaki Heavy Industries, Ltd.
Mitsubishi Heavy Industries, Ltd.
Siemens AG

Scope:

Report Data Market
Forecast 2022 XX million/billion (2022-2032)
CAGR 2022 - 2032%
Analysis Period2022 - 2032
Base Year2021
Forecast Data2022 - 2032
Segments CoveredBy Type, By Application, And by Regions
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled.
Key Segments

By Type

By Applications

Report CoverageMarket Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Frequently Asked Questions

What is the future market value of the ?

The current market value for is expected USD XX million/billion by 2022.

What is the CAGR of the Market?

The is to grow at a CAGR of 5.3% during the forecast by 2032.

What is the Market segment?

On the basis of type, the is segmented into Types.

Who are the key players operating in the ?

The major players operating in the are Company.

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Published Date : Feb 2021 | Formats :

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