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Global Rolling Stock Market to Grow at a CAGR of 4.1% During 2024-2032, Aided by the Expansion of Rail Network

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Global Rolling Stock Market Size, Share, Forecast: By Type: Locomotives, Metros, Monorails, Trams, Freight Wagons, Passenger Coaches, Others; By End Use: Passenger Transit, Cargo Train; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Snapshot
   6.1   Global
   6.2   Regional
7 Opportunities and Challenges in the Market
8   Global Rolling Stock Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Rolling Stock Historical Market (2018-2023)
   8.3   Global Rolling Stock Market Forecast (2024-2032)
   8.4   Global Rolling Stock Market by Type
       8.4.1   Locomotives
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
           8.4.1.3 Breakup by Type
               8.4.1.3.1   Diesel Locomotives
               8.4.1.3.2   Electric Locomotives
               8.4.1.3.3   Electro-Diesel Locomotives
       8.4.2   Metros
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
       8.4.3   Monorails
           8.4.3.1 Historical Trend (2018-2023)
           8.4.3.2 Forecast Trend (2024-2032)
       8.4.4   Trams
           8.4.4.1 Historical Trend (2018-2023)
           8.4.4.2 Forecast Trend (2024-2032)
       8.4.5   Freight Wagons
           8.4.5.1 Historical Trend (2018-2023)
           8.4.5.2 Forecast Trend (2024-2032)
       8.4.6   Passenger Coaches
           8.4.6.1 Historical Trend (2018-2023)
           8.4.6.2 Forecast Trend (2024-2032)
       8.4.7   Others
   8.5   Global Rolling Stock Market by End Use
       8.5.1   Passenger Transit
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   Cargo Train
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
   8.6   Global Rolling Stock Market by Region
       8.6.1   North America
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   Europe
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
       8.6.3   Asia Pacific
           8.6.3.1 Historical Trend (2018-2023)
           8.6.3.2 Forecast Trend (2024-2032)
       8.6.4   Latin America
           8.6.4.1 Historical Trend (2018-2023)
           8.6.4.2 Forecast Trend (2024-2032)
       8.6.5   Middle East and Africa
           8.6.5.1 Historical Trend (2018-2023)
           8.6.5.2 Forecast Trend (2024-2032)
9   North America Rolling Stock Market Analysis
   9.1   United States of America
       9.1.1 Historical Trend (2018-2023)
       9.1.2 Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1 Historical Trend (2018-2023)
       9.2.2 Forecast Trend (2024-2032)
10   Europe Rolling Stock Market Analysis
   10.1   United Kingdom
       10.1.1 Historical Trend (2018-2023)
       10.1.2 Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1 Historical Trend (2018-2023)
       10.2.2 Forecast Trend (2024-2032)
   10.3   France
       10.3.1 Historical Trend (2018-2023)
       10.3.2 Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1 Historical Trend (2018-2023)
       10.4.2 Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Rolling Stock Market Analysis
   11.1   China
       11.1.1 Historical Trend (2018-2023)
       11.1.2 Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1 Historical Trend (2018-2023)
       11.2.2 Forecast Trend (2024-2032)
   11.3   India
       11.3.1 Historical Trend (2018-2023)
       11.3.2 Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1 Historical Trend (2018-2023)
       11.4.2 Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1 Historical Trend (2018-2023)
       11.5.2 Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Rolling Stock Market Analysis
   12.1   Brazil
       12.1.1 Historical Trend (2018-2023)
       12.1.2 Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1 Historical Trend (2018-2023)
       12.2.2 Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1 Historical Trend (2018-2023)
       12.3.2 Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Rolling Stock Market Analysis
   13.1   Saudi Arabia
       13.1.1 Historical Trend (2018-2023)
       13.1.2 Forecast Trend (2024-2032)
   13.2   United Arab Emirates
       13.2.1 Historical Trend (2018-2023)
       13.2.2 Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1 Historical Trend (2018-2023)
       13.3.2 Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1 Historical Trend (2018-2023)
       13.4.2 Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Value Chain Analysis
16   Competitive Landscape
   16.1    Market Structure
    16.2    Company Profiles
        16.2.1     Alstom
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Bombardier Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    CRRC Corporation Limited
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Hitachi, Ltd.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Hyundai Corporation
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Stadler Rail AG
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Construcciones y Auxiliar de Ferrocarriles, S.A.
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Nippon Sharyo,Ltd
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Siemens AG
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10   Kawasaki Heavy Industries, Ltd.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 JSC TRANSMASHHOLDING
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 MITSUBISHI HEAVY INDUSTRIES, LTD.
16.2.12.1 Company Overview
16.2.12.2 Product Portfolio
16.2.12.3 Demographic Reach and Achievements
16.2.12.4 Certifications
16.2.13 PATENTES TALGO S.L.U.
16.2.13.1 Company Overview
16.2.13.2 Product Portfolio
16.2.13.3 Demographic Reach and Achievements
16.2.13.4 Certifications
16.2.14 Titagarh Rail Systems Limited
16.2.14.1 Company Overview
16.2.14.2 Product Portfolio
16.2.14.3 Demographic Reach and Achievements
16.2.14.4 Certifications
16.2.15 PESA Bydgoszcz SA
16.2.15.1 Company Overview
16.2.15.2 Product Portfolio
16.2.15.3 Demographic Reach and Achievements
16.2.15.4 Certifications
16.2.16 CIMIC Group Limited
16.2.16.1 Company Overview
16.2.16.2 Product Portfolio
16.2.16.3 Demographic Reach and Achievements
16.2.16.4 Certifications
16.2.17 The Kinki Sharyo Co.,Ltd.
16.2.17.1 Company Overview
16.2.17.2 Product Portfolio
16.2.17.3 Demographic Reach and Achievements
16.2.17.4 Certifications
16.2.18 BEML Limited
16.2.18.1 Company Overview
16.2.18.2 Product Portfolio
16.2.18.3 Demographic Reach and Achievements
16.2.18.4 Certifications
16.2.19 IHI Corporation
16.2.19.1 Company Overview
16.2.19.2 Product Portfolio
16.2.19.4 Certifications
16.2.19.3 Demographic Reach and Achievements
16.2.20 MAPNA Group
16.2.20.1 Company Overview
16.2.20.2 Product Portfolio
16.2.20.4 Certifications
16.2.20.3 Demographic Reach and Achievements
16.2.21 Caterpillar Inc.
16.2.21.1 Company Overview
16.2.21.2 Product Portfolio
16.2.21.4 Certifications
16.2.21.3 Demographic Reach and Achievements
16.2.22 The Greenbrier Companies, Inc.
16.2.22.1 Company Overview
16.2.22.2 Product Portfolio
16.2.22.3 Demographic Reach and Achievements
16.2.22.4 Certifications
16.2.23 Trinity Industries, Inc.
16.2.23.1 Company Overview
16.2.23.2 Product Portfolio
16.2.23.3 Demographic Reach and Achievements
16.2.23.4 Certifications
16.2.24 Braithwaite & Co. Engineers Limited
16.2.24.1 Company Overview
16.2.24.2 Product Portfolio
16.2.24.3 Demographic Reach and Achievements
16.2.24.4 Certifications
16.2.25 Others
17   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Rolling Stock Market: Key Industry Highlights, 2018 and 2032
2.   Global Rolling Stock Historical Market: Breakup by Type (USD Billion), 2018-2023
3.   Global Rolling Stock Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.   Global Rolling Stock Historical Market: Breakup by End Use (USD Billion), 2018-2023
5.   Global Rolling Stock Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6.   Global Rolling Stock Historical Market: Breakup by Region (USD Billion), 2018-2023
7.   Global Rolling Stock Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.   North America Rolling Stock Historical Market: Breakup by Country (USD Billion), 2018-2023
9.   North America Rolling Stock Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.   Europe Rolling Stock Historical Market: Breakup by Country (USD Billion), 2018-2023
11.   Europe Rolling Stock Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.   Asia Pacific Rolling Stock Historical Market: Breakup by Country (USD Billion), 2018-2023
13.   Asia Pacific Rolling Stock Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.   Latin America Rolling Stock Historical Market: Breakup by Country (USD Billion), 2018-2023
15.   Latin America Rolling Stock Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.   Middle East and Africa Rolling Stock Historical Market: Breakup by Country (USD Billion), 2018-2023
17.   Middle East and Africa Rolling Stock Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.   Global Rolling Stock Market Structure

Key Questions Answered in the Report

What was the global rolling stock market value in 2023?

In 2023, the market attained a value of nearly USD 63.89 billion.

What is the growth rate of the global rolling stock market?

The market is assessed to grow at a CAGR of 4.1% between 2024 and 2032.

What is the forecast outlook of the global rolling stock market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 91.46 billion by 2032.

What are the major market drivers?

The growing demand for rail transit and the rising integration of artificial intelligence (AI) in rolling stocks are the major market drivers.

What are the key market trends?

The key trends propelling the market growth are the growing demand for alternative fuels, the rising demand for green rolling stocks, and the increasing demand for advanced hydrogen trains.

What are the major regional markets of rolling stock, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major end uses of rolling stock?

The significant end uses of rolling stock are passenger transit and cargo train.

Who are the key players, according to the rolling stock market report?

The key rolling stock market players include ALSTOM, BOMBARDIER INC., CRRC Corporation Limited, Hitachi, Ltd., Hyundai Motor Company, Stadler Rail AG, Construcciones y Auxiliar de Ferrocarriles, S.A., Nippon Sharyo,Ltd, Siemens AG, Kawasaki Heavy Industries, Ltd., JSC TRANSMASHHOLDING, MITSUBISHI HEAVY INDUSTRIES, LTD., PATENTES TALGO S.L.U., Titagarh Rail Systems Limited, PESA Bydgoszcz SA, CIMIC Group Limited, The Kinki Sharyo Co.,Ltd., BEML Limited, IHI Corporation, MAPNA Group, Caterpillar Inc., The Greenbrier Companies, Inc., Trinity Industries, Inc., Braithwaite & Co. Engineers Limited, among others

Analyst Review

The global rolling stock market attained a value of approximately USD 63.89 billion in 2023, driven by the rising demand for rail transportation. Aided by the rising demand for green rolling stocks, the market is assessed to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.1%. The market is projected to reach about USD 91.46 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on type, the market is segmented into locomotives, metros, monorails, trams, freight wagons, and passenger coaches, among others. On the basis of end use, the market is divided into passenger transit and cargo train. The major regional markets for rolling stock are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The key players in the above market include ALSTOM Holdings, BOMBARDIER INC., CRRC Corporation Limited, Hitachi, Ltd., Hyundai Motor Company, Stadler Rail AG, Construcciones y Auxiliar de Ferrocarriles, S.A., Nippon Sharyo,Ltd, Siemens AG, Kawasaki Heavy Industries, Ltd., JSC TRANSMASHHOLDING, MITSUBISHI HEAVY INDUSTRIES, LTD., PATENTES TALGO S.L.U., Titagarh Rail Systems Limited, PESA Bydgoszcz SA, CIMIC Group Limited, The Kinki Sharyo Co.,Ltd., BEML Limited, IHI Corporation, MAPNA Group, Caterpillar Inc., The Greenbrier Companies, Inc., Trinity Industries, Inc., and Braithwaite & Co. Engineers Limited, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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