Reports
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
Global Rolling Stock Market: By Type: Locomotives, Metros, Monorails, Trams, Freight Wagons, Passenger Coaches, Others; By End Use: Passenger Transit, Cargo Train; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Rolling Stock Market Outlook
The global rolling stock market attained a value of about USD 57 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 3.8% to reach nearly USD 71.3 billion by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Rising Demand for Rail Transit Boosting the Market Growth of Rolling Stock
The rising preference for rail transit owing to its energy efficiency and cost-effectiveness is bolstering the growth of the rolling stock industry. The rising population owing to rapid urbanisation in emerging economies is also increasing the demand for rail travel. The development of cost-effective rail transit is surging the demand for rolling stocks. In addition, the rising electrification of rails in North America and Europe is further surging the deployment of rolling stocks, hence invigorating the growth of the market.
Integration of Artificial Intelligence (AI) in Rolling Stock Augmenting the Growth of the Rolling Stock Industry
The integration of artificial intelligence (AI) in rolling stocks to automate various processes, such as maintenance, is augmenting the growth of the market. It is increasingly being deployed in resource planning and management to enable the efficient and safe usage of rolling stocks as well as railway tracks. Moreover, the favourable functionalities offered by artificial intelligence (AI) is surging their use in various rail applications, such as train scheduling, asset management, and automate operation system, among others. Hence, further exploitation of artificial intelligence (AI) is expected to surge the efficiency of rolling stocks and fuel the growth of the rolling stock industry in the forecast period.
Rolling Stock: Market Segmentation
Rolling stock refers to wheeled carriages and engines that are used on railroad tracks. It offers a reliable and safe mode of transportation for both goods and passengers. Rolling stocks are energy-efficient, cost-effective, and durable, due to which it is increasingly being preferred as a reliable mode of transportation.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major types of rolling stock are:
- Locomotives
- Metros
- Monorails
- Trams
- Freight Wagons
- Passenger coaches
- Others
The locomotives segment is further divided into diesel locomotives, electric locomotives, and electro-diesel locomotives.
The market can be broadly categorised on the basis of its end uses into:
- Passenger Transit
- Cargo Train
The EMR report looks into the regional markets of rolling stock like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Rising Deployment of Alternative Fuels to Bolster the Growth of the Rolling Stock Industry
The rising demand for alternative fuels to provide energy to rolling stocks is augmenting the growth of the market. This is surging the demand for biofuels, such as bioethanol and biodiesel, among others, to enhance fuel-efficiency in rolling stocks. Moreover, the growing demand for green rolling stocks, especially in Europe, is resulting in various research and development (R&D) activities to increase the use of sustainable energy. For instance, the United Kingdom government announced in June 2021 that it is expected to finance a dual-fuel solution to reach its net-zero carbon economy goals by 2050.
The growing demand for advanced hydrogen trains that utilise hydrogen fuel to offer an energy-efficient and cost-effective alternative to traditional rolling stocks is propelling the market growth. The introduction of various stringent regulations by governments is further escalating the deployment of hydrogen trains to reduce greenhouse emissions. In addition, the increasing research and development activities to boost the functionality and overall efficiency of hydrogen trains are expected to drive the growth of the rolling stock industry in upcoming years. For instance, China, in June 2021, rolled out its hydrogen fuel cell hybrid locomotive, with an output of 1,400 kilowatts and a speed of 100 km/h in Changzhou.
Key Industry Players in the Global Rolling Stock Market
The report presents a detailed analysis of the following key players in the global rolling stock market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Alstom
- Bombardier Transportation
- CRRC Corporation Limited
- Hitachi, Ltd.
- Hyundai Corporation
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, End Use, Region |
| Breakup by Type | Locomotives, Metros, Monorails, Trams, Freight Wagons, Passenger Coaches, Others |
| Breakup by End Use | Passenger Transit, Cargo Train |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Alstom, Bombardier Transportation, CRRC Corporation Limited, Hitachi, Ltd., Hyundai Corporation, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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 Industry Opportunities and Challenges
8 Global Rolling Stock Market Analysis
8.1 Key Industry Highlights
8.2 Global Rolling Stock Historical Market (2017-2021)
8.3 Global Rolling Stock Market Forecast (2022-2027)
8.4 Global Rolling Stock Market by Type
8.4.1 Locomotives
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.1.4 Breakup by Type
8.4.1.4.1 Diesel Locomotives
8.4.1.4.2 Electric Locomotives
8.4.1.4.3 Electro-Diesel Locomotives
8.4.2 Metros
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Monorails
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Trams
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Freight Wagons
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2017-2021)
8.4.5.3 Forecast Trend (2022-2027)
8.4.6 Passenger Coaches
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2017-2021)
8.4.6.3 Forecast Trend (2022-2027)
8.4.7 Others
8.5 Global Rolling Stock Market by End Use
8.5.1 Passenger Transit
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Cargo Train
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Rolling Stock Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Alstom
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Bombardier Transportation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 CRRC Corporation Limited
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Hitachi, Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Hyundai Corporation
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Rolling Stock Market: Key Industry Highlights, 2016 and 2026
2. Global Rolling Stock Historical Market: Breakup by Type (USD Billion), 2017-2021
3. Global Rolling Stock Market Forecast: Breakup by Type (USD Billion), 2022-2027
4. Global Rolling Stock Historical Market: Breakup by End Use (USD Billion), 2017-2021
5. Global Rolling Stock Market Forecast: Breakup by End Use (USD Billion), 2022-2027
6. Global Rolling Stock Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Rolling Stock Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Rolling Stock Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Rolling Stock Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Rolling Stock Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Rolling Stock Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Rolling Stock Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Rolling Stock Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Rolling Stock Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Rolling Stock Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Rolling Stock Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Rolling Stock Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global Rolling Stock Market Structure
Key Questions Answered in the Report
In 2020, the global rolling stock market attained a value of nearly USD 57 billion.
The market is projected to grow at a CAGR of 3.8% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 71.3 billion by 2026.
The market has been driven by the rising demand for rail transit and the integration of artificial intelligence (AI) in rolling stocks.
The industry is expected to be augmented by the growing demand for alternative fuels, the rising demand for green rolling stocks, and the increasing demand for advanced hydrogen trains.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of rolling stock in the industry are locomotives, metros, monorails, trams, freight wagons, and passenger coaches, among others.
The significant end uses in the market are passenger transit and cargo train.
The major players in the industry are Alstom, Bombardier Transportation, CRRC Corporation Limited, Hitachi, Ltd., and Hyundai Corporation, among others.
Analyst Review
The global rolling stock market attained a value of nearly USD 57 billion in 2020, driven by the rising demand for rail transportation. Aided by the rising demand for green rolling stocks, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 3.8%. The market is projected to reach about USD 71.3 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the rolling stock industry can be segmented into locomotives, metros, monorails, trams, freight wagons, and passenger coaches, among others. On the basis of end uses, the industry 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, Bombardier Transportation, CRRC Corporation Limited, Hitachi, Ltd., and Hyundai Corporation, 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.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER