Rolling Stock Market Research Report Countries, Growth Rate, by Type, Latest Trends, by Product Type, by Train Type, Future Technologies Forecast to 2025

“Rolling Stock Market Research Report – Global Forecast till 2025”
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 2025

Rolling Stock Market to Post 4.98% CAGR from 2019 to 2025

Rolling Stock Market is set to exhibit a compound annual growth rate (CAGR) of 4.98% from 2017 to 2025 asserts Market Research Future (MRFR) in its latest report.  It is projected that Europe and Asia-Pacific (APAC) are expected to emerge as the two major growth markets during the forecast period. The rolling stock market in Europe is characterised by a large number of market player, which makes it highly competitive.

Many of the players have superior knowledge in freight technology, which gives them a competitive edge. In Asia, the market growth is primarily driven by the exponential growth of the transportation across the region. The region is home to two of the most densely populated countries – China and India that are need for efficient and cost-effective transportation solutions. Local policy makers have been supportive of the development of transportation infrastructure. Investment have continued to grow in developing robust metro and inter-city trainsets and main line locomotives.

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Segmental Overview:

The segmental analysis of the global rolling stock market has been conducted on the basis of type, train type and product type.

On the basis of type, the market has been segmented into electric and diesel. The diesel segment is expected to maintain its dominant position throughout the assessment period. The strong requirement for high-torque engine in rail freights continues to drive the segment’s growth.

Based on train type, the market has been segmented into passenger tail and rail freight. The rail freight segment is expected to remain highly attractive during the forecast period. Rail freights play an important role goods transportation operation worldwide. The global demand for rail freights is expected to remain high over the next couple of years. Industrial growth in regions such as Asia, the Middle East and Latin America has reflected favourably on the demand for rail freights.

Based on product type, the market has been segmented into locomotive, rapid transit vehicle and wagon. The wagon segment represents a significant share of the global market in terms of revenue. Wagons are used extensively for transporting cargo.

Global Rolling Stock Market: Regional Segmentation

Some of the key regions covered in MRFR report include North America, Latin America, the Middle East & Africa (MEA), Asia Pacific (APAC), and Europe. The Europe market is expected to remain highly attractive during the forecast period. Given the vastness of railways in the region, rolling stock demand remain strong in the region. However, the sector is undergoing tremendous transformation owing to policy reforms, integration of new technologies and implementation of environmental laws.

The growing emphasis on electric mobility is creating unique opportunities for electric variants. German remain a key market for rolling stock in Europe, the country is home to several renowned rolling stock manufacturers. Some of the factors such as favourable policies, a stable business climate, presence of several companies with expertise in freight technologies puts Germany in a superior position in the global rolling stock market.

Competitive Landscape:

Some of the key companies operating in the global rolling stock market include Construccionesy Auxiliar de Ferrocarriles, S.A (CAF) and Electro-Motive Diesel (EMD), Bombardier, Hitachi, Ltd, Hyundai Rotem Company, Kawasaki Heavy Industries Rolling Stock Company, Transmashholding, GE Transportation, Stadler Rail AG, Siemens, Alstom, and CRRC Corporation Limited

Industry News Updates

• Spain-based rail solution developer Construccionesy Auxiliar de Ferrocarriles, S.A (CAF) has reportedly purchased 100% stake in EuroMaint, a rolling stock maintenance service company. The acquisition saw CAF splash out approximately €80m.

• HS2 Ltd has reportedly received five bids for the estimated £ 2.75 Bn railway contract for the U.K. The contract will include designing, manufacturing and maintenance of the country’s High Speed 2 train fleets.

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Research Methodology

4.1 Research Process 22

4.2 Primary Research 23

4.3 Secondary Research 24

4.4 Market Size Estimation 24

4.5 Forecast Model 25

Market Dynamics:

5.1 Introduction 26

5.2 Drivers 27

5.2.1 Demand For Energy-Efficient Transport Systems 27

5.2.2 Increasing Use Of Rail Lines For Public Transport 28

5.2.3 Drivers Impact Analysis 28

5.3 Restraints 29

5.3.1 High Capital Investment 29

5.3.2 Restraints Impact Analysis 29

5.4 Opportunities 30

5.4.1 Increase In Industrial And Mining Activity 30

Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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