Rolling Stock Market Rising Trends and Technology Advancement 2017 to 2023

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Rolling Stock Market Research Report - Global
Forecast till 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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VIEW REPORTS
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Rolling Stock Market - 2023
Global Rolling Stock Market Research
Report Information by Type (Diesel and
Electric), by Product Type (Wagon, Rapid Transit
Vehicle and Locomotive), by Train Type (Rail
Freight and Passenger Rail) and by Region (North
America, Europe, Asia-Pacific (APAC) and the Rest
of the World) - Forecast till 2023 Market
Overview The Global Rolling Stock Market is
expected to gain an unprecedented value of USD
82,684 Million by 2025 with a CAGR of 4.98
during the forecast period (20192025). The
report covers segmentation and the market
dynamics for a better glimpse of the market in
the coming years. Rolling stock facilitates easy
and efficient transportation with several
benefits including cost-effectiveness,
reliability, and comfort. It usually includes
both powered and unpowered vehicles, such as
locomotives, railroad cars, coaches, and wagons.
Rolling stock has a huge effect on the service
and operational efficiency of the rail system, as
its service level is directly proportional to the
safety and comfort of the passengers. Competitive
Analysis Some of the prominent players operating
in the global rolling stock market report are
Bombardier, Alstom, Hitachi, Ltd, GE
Transportation, Hyundai Rotem Company,
Transmashholding and Stadler Rail AG, Kawasaki
Heavy Industries Rolling Stock Company,
Construccionesy Auxiliar de Ferrocarriles, S.A
(CAF) and Electro-Motive Diesel (EMD), Siemens
and CRRC Corporation Limited.
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Rolling Stock Market - 2023
Segmental Analysis The global rolling stock
market is segmented based on type, product type,
and train type. On the basis of type, the global
rolling stock market is divided into into diesel
and electric. The diesel segment is expected to
dominate the market, owing to the growing
requirement of high-torque engines in rail
freight. In terms of value the diesel segment
accounted for the larger market share of 57.21
in 2018, with a market value of USD 33,915.4
Million. It is expected to register a CAGR of
3.29 during the forecast period. The electric
segment was valued at USD 25,371.6 Million it is
projected to register the higher CAGR of
6.98. On the basis of product type, the global
rolling stock market is segmented into wagon,
rapid transit vehicle, and locomotive. In 2018,
the wagon segment held the largest market share
of 51.94 in 2018, with a market value of USD
31,800.5 Million. This value is projected to
reach USD 42,529.8 Million by 2025. This segment
is expected to grow with the fastest CAGR of
4.83 during the forecast period. On the basis
of train type, the global rolling stock market is
divided into rail freight and passenger train. In
2018, the rail freight segment held the larger
market share of 53.27 in 2018, with a market
value of USD 31,582.6 Million. This value can
rise to USD 43,454.1 Million by 2025. This
segment is expected to grow with the fastest CAGR
of 4.77 during the forecast period. Bombardier
is concentrating on successfully executing its
key initiatives, which includes effectively
utilizing its distribution, technology,
innovation, and brand capabilities to gain a
larger market share in rolling stock market. It
has a strong and well positioned franchise in the
market. The company is heavily investing in the
RD for its transportation segment to develop
advanced solutions for rolling stock and
signalling and services solutions. Moreover, it
primarily focuses on product development by
recognizing the long-term nature of product
development activities. Furthermore, the company
is rapidly strengthening its global footprints by
means of expanding its manufacturing sites and
frequent mergers and acquisitions. Hitachi Ltd
focuses on catering to the demand in emerging
markets for construction machinery, social
infrastructure industrial systems, high
functional materials components, automotive
systems, information and telecommunication
systems, and smart life eco-friendly systems
for the establishment of infrastructure and
development of resources.
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Rolling Stock Market - 2023
Regional Analysis On the basis of region, the
global market is segmented into North America,
Europe, Asia-Pacific, and the rest of the world.
Europe is anticipated to lead the rolling stock
market during the forecast period, followed by
Asia-Pacific. Europe is expected to witness
significant growth in the rolling stock market,
owing to the new emission standards regulated by
the government. Additionally, the EU is taking
efforts to cut average emissions of CO2 in Europe
from the 2015 goal of 130 grams (4.6 ounces) of
CO2 per kilometer to 95 grams per kilometer by
2021. The constant efforts taken by the
government to reduce the gas emission is
projected to fuel the market demand for electric
mobility, over the forecast period. The global
rolling stock market is expected to reach USD
82,684.18 Million with a CAGR of over 4.98 by
the end of the forecast period. Taste the market
data and market information presented through
more than 89 market data tables and 51 figures
spread over 132 numbers of pages of the project
report. Avail the in-depth table of content TOC
market synopsis on Global Rolling stock Market
Research Report- Forecast to 2025. Synopsis The
Global Rolling Stock Market has been segmented
based on type, product type, train type, and
region. On the basis of type, the global rolling
stock market is segmented into diesel and
electric. The diesel segment is expected to
dominate the market, due to growing requirement
of high-torque engines in rail freight. Market
Segmentation By Type Diesel and Electric By
Product Type Wagon, Rapid Transit Vehicle, and
Locomotive By Train Type Rail Freight and
Passenger Rail
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