Rolling Stock Market Insights | Forecast & Growth Trends

Rolling Stock Market

The global Rolling Stock market was valued at US$ 46560 million in 2023 and is anticipated to reach US$ 57120 million by 2030, witnessing a CAGR of 2.5% during the forecast period 2024-2030.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

Report Scope

The Rolling Stock market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Rolling Stock 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 Rolling Stock manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Scope of Rolling Stock Market Report

Report Metric	Details
Report Name	Rolling Stock Market
Segment by Type	Electric Locomotives Diesel Locomotives
Segment by Application	Commercial Use Industrial Use
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, Bombardier, Alstom, Siemens, GE Transportation, Hyundai Rotem, Transmashholding, Stadler Rail AG, Hitachi, Kawasaki Heavy Industries, CAF, EMD (Caterpillar)
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

FAQ for this Report

1. What factors are driving growth in the Rolling Stock Market?
The Rolling Stock Market is driven by rising urbanization, increasing demand for efficient public transportation, and investments in railway infrastructure worldwide.

2. Who are the key players in the Rolling Stock Market?
Key players include major manufacturers and suppliers such as Alstom, Siemens, and Bombardier, who drive innovation and market expansion.

3. How is the Rolling Stock Market expected to grow in the coming years?
The market is projected to grow steadily due to advancements in technology, demand for sustainable transport, and government support for rail infrastructure.

4. What are the key segments in the Rolling Stock Market?
The market is segmented by types, such as locomotives, passenger coaches, and freight wagons, as well as by application in urban and intercity transport.

5. How does this report benefit businesses in the Rolling Stock industry?
This report provides insights on market trends, forecasts, and competitive analysis, helping businesses make informed decisions for growth and investment.