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Global Railway Equipment Market Research Report 2025
Published Date: May 2025
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Report Code: QYRE-Auto-3270
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Global Railway Equipment Market Insights and Forecast to 2028
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Global Railway Equipment Market Research Report 2025

Code: QYRE-Auto-3270
Report
May 2025
Pages:89
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Railway Equipment Market Size

The global market for Railway Equipment was valued at US$ 152810 million in the year 2024 and is projected to reach a revised size of US$ 204870 million by 2031, growing at a CAGR of 4.3% during the forecast period.

Railway Equipment Market

Railway Equipment Market

Railway equipment are involved in locomotives, passenger rail cars, freight rail cars, subway, signal, infrastructure and other parts used in operating railroads. The railway equipment industry has become the pivot for economic developments across several countries worldwide. The demand for this equipment has intensified owing to the rising volume of transported products and the expansion of the distance covered by logistics vehicles.
Global Railway Equipment key players include CRRC, Alstom, Siemens, Hitachi and Wabtec. Global top five manufacturers hold a share over 30%.
China is the largest market, with a share over 30%, followed by Europe and United States, both have a share over 40% percent.
In terms of product, Rolling Stock is the largest segment, with a share over 50%. And in terms of application, the largest application is Locomotives, followed by EMUs.
This report aims to provide a comprehensive presentation of the global market for Railway Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Railway Equipment.
The Railway Equipment market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Railway Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Railway Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Railway Equipment Market Report

Report Metric Details
Report Name Railway Equipment Market
Accounted market size in year US$ 152810 million
Forecasted market size in 2031 US$ 204870 million
CAGR 4.3%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
Segment by Application
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company CRRC, Alstom, Hitachi, Siemens, Wabtec, TMH, Stadler Rai, Knorr-Bremse, Greenbrier, CAF, Trinity Industries, Voestalpine, CRECG, CRSC, Bombardier
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of Railway Equipment company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Railway Equipment Market growing?

Ans: The Railway Equipment Market witnessing a CAGR of 4.3% during the forecast period 2025-2031.

What is the Railway Equipment Market size in 2031?

Ans: The Railway Equipment Market size in 2031 will be US$ 204870 million.

What is the market share of major companies in Railway Equipment Market?

Ans: Global top five manufacturers hold a share over 30%.

What is the Railway Equipment Market share by type?

Ans: In terms of product, Rolling Stock is the largest segment, with a share over 50%.

Who are the main players in the Railway Equipment Market report?

Ans: The main players in the Railway Equipment Market are CRRC, Alstom, Hitachi, Siemens, Wabtec, TMH, Stadler Rai, Knorr-Bremse, Greenbrier, CAF, Trinity Industries, Voestalpine, CRECG, CRSC, Bombardier

What are the Application segmentation covered in the Railway Equipment Market report?

Ans: The Applications covered in the Railway Equipment Market report are Locomotives, DMUs, EMUs, Freight Vehicles, Others

What are the Type segmentation covered in the Railway Equipment Market report?

Ans: The Types covered in the Railway Equipment Market report are Rolling Stock, Railway Infrastructure, Others

Recommended Reports

Rail Equipment Components

Rail Infrastructure Markets

Railway Vehicles & Maintenance

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Railway Equipment Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Rolling Stock
1.2.3 Railway Infrastructure
1.2.4 Others
1.3 Market by Application
1.3.1 Global Railway Equipment Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Locomotives
1.3.3 DMUs
1.3.4 EMUs
1.3.5 Freight Vehicles
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Railway Equipment Market Perspective (2020-2031)
2.2 Global Railway Equipment Growth Trends by Region
2.2.1 Global Railway Equipment Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Railway Equipment Historic Market Size by Region (2020-2025)
2.2.3 Railway Equipment Forecasted Market Size by Region (2026-2031)
2.3 Railway Equipment Market Dynamics
2.3.1 Railway Equipment Industry Trends
2.3.2 Railway Equipment Market Drivers
2.3.3 Railway Equipment Market Challenges
2.3.4 Railway Equipment Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Railway Equipment Players by Revenue
3.1.1 Global Top Railway Equipment Players by Revenue (2020-2025)
3.1.2 Global Railway Equipment Revenue Market Share by Players (2020-2025)
3.2 Global Railway Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Railway Equipment Revenue
3.4 Global Railway Equipment Market Concentration Ratio
3.4.1 Global Railway Equipment Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Railway Equipment Revenue in 2024
3.5 Global Key Players of Railway Equipment Head office and Area Served
3.6 Global Key Players of Railway Equipment, Product and Application
3.7 Global Key Players of Railway Equipment, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Railway Equipment Breakdown Data by Type
4.1 Global Railway Equipment Historic Market Size by Type (2020-2025)
4.2 Global Railway Equipment Forecasted Market Size by Type (2026-2031)
5 Railway Equipment Breakdown Data by Application
5.1 Global Railway Equipment Historic Market Size by Application (2020-2025)
5.2 Global Railway Equipment Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Railway Equipment Market Size (2020-2031)
6.2 North America Railway Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Railway Equipment Market Size by Country (2020-2025)
6.4 North America Railway Equipment Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Railway Equipment Market Size (2020-2031)
7.2 Europe Railway Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Railway Equipment Market Size by Country (2020-2025)
7.4 Europe Railway Equipment Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Railway Equipment Market Size (2020-2031)
8.2 Asia-Pacific Railway Equipment Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Railway Equipment Market Size by Region (2020-2025)
8.4 Asia-Pacific Railway Equipment Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Railway Equipment Market Size (2020-2031)
9.2 Latin America Railway Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Railway Equipment Market Size by Country (2020-2025)
9.4 Latin America Railway Equipment Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Railway Equipment Market Size (2020-2031)
10.2 Middle East & Africa Railway Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Railway Equipment Market Size by Country (2020-2025)
10.4 Middle East & Africa Railway Equipment Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 CRRC
11.1.1 CRRC Company Details
11.1.2 CRRC Business Overview
11.1.3 CRRC Railway Equipment Introduction
11.1.4 CRRC Revenue in Railway Equipment Business (2020-2025)
11.1.5 CRRC Recent Development
11.2 Alstom
11.2.1 Alstom Company Details
11.2.2 Alstom Business Overview
11.2.3 Alstom Railway Equipment Introduction
11.2.4 Alstom Revenue in Railway Equipment Business (2020-2025)
11.2.5 Alstom Recent Development
11.3 Hitachi
11.3.1 Hitachi Company Details
11.3.2 Hitachi Business Overview
11.3.3 Hitachi Railway Equipment Introduction
11.3.4 Hitachi Revenue in Railway Equipment Business (2020-2025)
11.3.5 Hitachi Recent Development
11.4 Siemens
11.4.1 Siemens Company Details
11.4.2 Siemens Business Overview
11.4.3 Siemens Railway Equipment Introduction
11.4.4 Siemens Revenue in Railway Equipment Business (2020-2025)
11.4.5 Siemens Recent Development
11.5 Wabtec
11.5.1 Wabtec Company Details
11.5.2 Wabtec Business Overview
11.5.3 Wabtec Railway Equipment Introduction
11.5.4 Wabtec Revenue in Railway Equipment Business (2020-2025)
11.5.5 Wabtec Recent Development
11.6 TMH
11.6.1 TMH Company Details
11.6.2 TMH Business Overview
11.6.3 TMH Railway Equipment Introduction
11.6.4 TMH Revenue in Railway Equipment Business (2020-2025)
11.6.5 TMH Recent Development
11.7 Stadler Rai
11.7.1 Stadler Rai Company Details
11.7.2 Stadler Rai Business Overview
11.7.3 Stadler Rai Railway Equipment Introduction
11.7.4 Stadler Rai Revenue in Railway Equipment Business (2020-2025)
11.7.5 Stadler Rai Recent Development
11.8 Knorr-Bremse
11.8.1 Knorr-Bremse Company Details
11.8.2 Knorr-Bremse Business Overview
11.8.3 Knorr-Bremse Railway Equipment Introduction
11.8.4 Knorr-Bremse Revenue in Railway Equipment Business (2020-2025)
11.8.5 Knorr-Bremse Recent Development
11.9 Greenbrier
11.9.1 Greenbrier Company Details
11.9.2 Greenbrier Business Overview
11.9.3 Greenbrier Railway Equipment Introduction
11.9.4 Greenbrier Revenue in Railway Equipment Business (2020-2025)
11.9.5 Greenbrier Recent Development
11.10 CAF
11.10.1 CAF Company Details
11.10.2 CAF Business Overview
11.10.3 CAF Railway Equipment Introduction
11.10.4 CAF Revenue in Railway Equipment Business (2020-2025)
11.10.5 CAF Recent Development
11.11 Trinity Industries
11.11.1 Trinity Industries Company Details
11.11.2 Trinity Industries Business Overview
11.11.3 Trinity Industries Railway Equipment Introduction
11.11.4 Trinity Industries Revenue in Railway Equipment Business (2020-2025)
11.11.5 Trinity Industries Recent Development
11.12 Voestalpine
11.12.1 Voestalpine Company Details
11.12.2 Voestalpine Business Overview
11.12.3 Voestalpine Railway Equipment Introduction
11.12.4 Voestalpine Revenue in Railway Equipment Business (2020-2025)
11.12.5 Voestalpine Recent Development
11.13 CRECG
11.13.1 CRECG Company Details
11.13.2 CRECG Business Overview
11.13.3 CRECG Railway Equipment Introduction
11.13.4 CRECG Revenue in Railway Equipment Business (2020-2025)
11.13.5 CRECG Recent Development
11.14 CRSC
11.14.1 CRSC Company Details
11.14.2 CRSC Business Overview
11.14.3 CRSC Railway Equipment Introduction
11.14.4 CRSC Revenue in Railway Equipment Business (2020-2025)
11.14.5 CRSC Recent Development
11.15 Bombardier
11.15.1 Bombardier Company Details
11.15.2 Bombardier Business Overview
11.15.3 Bombardier Railway Equipment Introduction
11.15.4 Bombardier Revenue in Railway Equipment Business (2020-2025)
11.15.5 Bombardier Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
List of Tables
 Table 1. Global Railway Equipment Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Rolling Stock
 Table 3. Key Players of Railway Infrastructure
 Table 4. Key Players of Others
 Table 5. Global Railway Equipment Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 6. Global Railway Equipment Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 7. Global Railway Equipment Market Size by Region (2020-2025) & (US$ Million)
 Table 8. Global Railway Equipment Market Share by Region (2020-2025)
 Table 9. Global Railway Equipment Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 10. Global Railway Equipment Market Share by Region (2026-2031)
 Table 11. Railway Equipment Market Trends
 Table 12. Railway Equipment Market Drivers
 Table 13. Railway Equipment Market Challenges
 Table 14. Railway Equipment Market Restraints
 Table 15. Global Railway Equipment Revenue by Players (2020-2025) & (US$ Million)
 Table 16. Global Railway Equipment Market Share by Players (2020-2025)
 Table 17. Global Top Railway Equipment Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Railway Equipment as of 2024)
 Table 18. Ranking of Global Top Railway Equipment Companies by Revenue (US$ Million) in 2024
 Table 19. Global 5 Largest Players Market Share by Railway Equipment Revenue (CR5 and HHI) & (2020-2025)
 Table 20. Global Key Players of Railway Equipment, Headquarters and Area Served
 Table 21. Global Key Players of Railway Equipment, Product and Application
 Table 22. Global Key Players of Railway Equipment, Date of Enter into This Industry
 Table 23. Mergers & Acquisitions, Expansion Plans
 Table 24. Global Railway Equipment Market Size by Type (2020-2025) & (US$ Million)
 Table 25. Global Railway Equipment Revenue Market Share by Type (2020-2025)
 Table 26. Global Railway Equipment Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 27. Global Railway Equipment Revenue Market Share by Type (2026-2031)
 Table 28. Global Railway Equipment Market Size by Application (2020-2025) & (US$ Million)
 Table 29. Global Railway Equipment Revenue Market Share by Application (2020-2025)
 Table 30. Global Railway Equipment Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 31. Global Railway Equipment Revenue Market Share by Application (2026-2031)
 Table 32. North America Railway Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 33. North America Railway Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 34. North America Railway Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 35. Europe Railway Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 36. Europe Railway Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 37. Europe Railway Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 38. Asia-Pacific Railway Equipment Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 39. Asia-Pacific Railway Equipment Market Size by Region (2020-2025) & (US$ Million)
 Table 40. Asia-Pacific Railway Equipment Market Size by Region (2026-2031) & (US$ Million)
 Table 41. Latin America Railway Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 42. Latin America Railway Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 43. Latin America Railway Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 44. Middle East & Africa Railway Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 45. Middle East & Africa Railway Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 46. Middle East & Africa Railway Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 47. CRRC Company Details
 Table 48. CRRC Business Overview
 Table 49. CRRC Railway Equipment Product
 Table 50. CRRC Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 51. CRRC Recent Development
 Table 52. Alstom Company Details
 Table 53. Alstom Business Overview
 Table 54. Alstom Railway Equipment Product
 Table 55. Alstom Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 56. Alstom Recent Development
 Table 57. Hitachi Company Details
 Table 58. Hitachi Business Overview
 Table 59. Hitachi Railway Equipment Product
 Table 60. Hitachi Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 61. Hitachi Recent Development
 Table 62. Siemens Company Details
 Table 63. Siemens Business Overview
 Table 64. Siemens Railway Equipment Product
 Table 65. Siemens Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 66. Siemens Recent Development
 Table 67. Wabtec Company Details
 Table 68. Wabtec Business Overview
 Table 69. Wabtec Railway Equipment Product
 Table 70. Wabtec Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 71. Wabtec Recent Development
 Table 72. TMH Company Details
 Table 73. TMH Business Overview
 Table 74. TMH Railway Equipment Product
 Table 75. TMH Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 76. TMH Recent Development
 Table 77. Stadler Rai Company Details
 Table 78. Stadler Rai Business Overview
 Table 79. Stadler Rai Railway Equipment Product
 Table 80. Stadler Rai Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 81. Stadler Rai Recent Development
 Table 82. Knorr-Bremse Company Details
 Table 83. Knorr-Bremse Business Overview
 Table 84. Knorr-Bremse Railway Equipment Product
 Table 85. Knorr-Bremse Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 86. Knorr-Bremse Recent Development
 Table 87. Greenbrier Company Details
 Table 88. Greenbrier Business Overview
 Table 89. Greenbrier Railway Equipment Product
 Table 90. Greenbrier Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 91. Greenbrier Recent Development
 Table 92. CAF Company Details
 Table 93. CAF Business Overview
 Table 94. CAF Railway Equipment Product
 Table 95. CAF Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 96. CAF Recent Development
 Table 97. Trinity Industries Company Details
 Table 98. Trinity Industries Business Overview
 Table 99. Trinity Industries Railway Equipment Product
 Table 100. Trinity Industries Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 101. Trinity Industries Recent Development
 Table 102. Voestalpine Company Details
 Table 103. Voestalpine Business Overview
 Table 104. Voestalpine Railway Equipment Product
 Table 105. Voestalpine Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 106. Voestalpine Recent Development
 Table 107. CRECG Company Details
 Table 108. CRECG Business Overview
 Table 109. CRECG Railway Equipment Product
 Table 110. CRECG Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 111. CRECG Recent Development
 Table 112. CRSC Company Details
 Table 113. CRSC Business Overview
 Table 114. CRSC Railway Equipment Product
 Table 115. CRSC Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 116. CRSC Recent Development
 Table 117. Bombardier Company Details
 Table 118. Bombardier Business Overview
 Table 119. Bombardier Railway Equipment Product
 Table 120. Bombardier Revenue in Railway Equipment Business (2020-2025) & (US$ Million)
 Table 121. Bombardier Recent Development
 Table 122. Research Programs/Design for This Report
 Table 123. Key Data Information from Secondary Sources
 Table 124. Key Data Information from Primary Sources
 Table 125. Authors List of This Report


List of Figures
 Figure 1. Railway Equipment Picture
 Figure 2. Global Railway Equipment Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Railway Equipment Market Share by Type: 2024 VS 2031
 Figure 4. Rolling Stock Features
 Figure 5. Railway Infrastructure Features
 Figure 6. Others Features
 Figure 7. Global Railway Equipment Market Size by Application (2020-2031) & (US$ Million)
 Figure 8. Global Railway Equipment Market Share by Application: 2024 VS 2031
 Figure 9. Locomotives Case Studies
 Figure 10. DMUs Case Studies
 Figure 11. EMUs Case Studies
 Figure 12. Freight Vehicles Case Studies
 Figure 13. Others Case Studies
 Figure 14. Railway Equipment Report Years Considered
 Figure 15. Global Railway Equipment Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 16. Global Railway Equipment Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 17. Global Railway Equipment Market Share by Region: 2024 VS 2031
 Figure 18. Global Railway Equipment Market Share by Players in 2024
 Figure 19. Global Top Railway Equipment Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Railway Equipment as of 2024)
 Figure 20. The Top 10 and 5 Players Market Share by Railway Equipment Revenue in 2024
 Figure 21. North America Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 22. North America Railway Equipment Market Share by Country (2020-2031)
 Figure 23. United States Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 24. Canada Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 25. Europe Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 26. Europe Railway Equipment Market Share by Country (2020-2031)
 Figure 27. Germany Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. France Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. U.K. Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Italy Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Russia Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 32. Nordic Countries Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. Asia-Pacific Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. Asia-Pacific Railway Equipment Market Share by Region (2020-2031)
 Figure 35. China Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. Japan Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. South Korea Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Southeast Asia Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. India Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 40. Australia Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Latin America Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Latin America Railway Equipment Market Share by Country (2020-2031)
 Figure 43. Mexico Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 44. Brazil Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Middle East & Africa Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. Middle East & Africa Railway Equipment Market Share by Country (2020-2031)
 Figure 47. Turkey Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 48. Saudi Arabia Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 49. UAE Railway Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 50. CRRC Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 51. Alstom Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 52. Hitachi Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 53. Siemens Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 54. Wabtec Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 55. TMH Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 56. Stadler Rai Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 57. Knorr-Bremse Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 58. Greenbrier Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 59. CAF Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 60. Trinity Industries Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 61. Voestalpine Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 62. CRECG Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 63. CRSC Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 64. Bombardier Revenue Growth Rate in Railway Equipment Business (2020-2025)
 Figure 65. Bottom-up and Top-down Approaches for This Report
 Figure 66. Data Triangulation
 Figure 67. Key Executives Interviewed
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