Rolling Stock Market Size - By Type (Locomotive {Diesel, Electric, Electro-Diesel}, Metro, High-speed Trains, Tramway, Passenger Railroad Cars), By Application (Passenger Rail Operators, Freight Rail Operators) & Global Forecast, 2023

Description

List of Tables

Rolling Stock Market size is projected to expand at over 3.5% CAGR from 2023 to 2032 propelled by the rising number of government initiatives and investments. Of late, several government bodies worldwide are emphasizing the expansion and modernization of railway infrastructure, leading to increased demand for advanced rolling stock. There has also been significant rise in investments in high-speed rail projects, urban transit systems, and freight transportation networks. According to the national transporter's annual rolling stock program for 2023-24, India's railways ministry plans to acquire new rolling equipment for more than Rs 3.14 trillion in the next fiscal year.

Additionally, initiatives for promoting sustainable transportation and reducing carbon emissions are encouraging the adoption of modern and energy-efficient rolling stocks. Public-private partnerships and fundings for R&D activities will further fuel the market growth, fostering innovations in railway technology for enhancing overall efficiency, safety, and sustainability.

The rolling stock market is segmented into type, application, and region.

With respect to type, the industry value from the high-speed trains segment is projected to grow considerably from 2023 to 2032. High-speed trains offer rapid, efficient, and eco-friendly transportation for reducing travel times and congestion. Massive investments from governments and private entities for expanding high-speed rail networks to enhance connectivity, reduce carbon emissions, and improve passenger experience will propel the segment growth.

Rolling stock market size from the freight rail operators application segment is estimated to generate substantial growth between 2023 and 2032. Freight rail operators are continually modernizing their fleets to increase efficiency, capacity, and sustainability. This is further resulting in the rising demand for specialized rolling stock, including locomotives and freight cars to handle diverse cargo types and meet stringent regulatory requirements. Furthermore, globalization, e-commerce, and the need for reliable freight transportation will add to the segment growth.

North America rolling stock market is set to witness robust growth through 2032. This expansion is attributed to the increasing investments in infrastructure projects, the modernization of aging fleets, and the greater need for more sustainable transportation solutions. Furthermore, government initiatives and private investments are driving innovations and the higher adoption of advanced technologies in rolling stock, thereby contributing to the regional market growth. To cite an instance, in August 2023, Amtrak, a public U.S. rail service operator exercised its contract extension provision with Siemens to acquire 10 more Airo trainsets.

Product Code: 6476

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Rolling stock market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023 - 2032
2.3 Regional trends
2.4 Type trends
2.5 Application trends

Chapter 3 Rolling Stock Industry Insights

3.1 Impact of COVID-19
3.2 Impact of the Russia-Ukraine war
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
3.7 Patent analysis
3.8 Key news & initiatives
- 3.8.1 Partnership/Collaboration
- 3.8.2 Merger/Acquisition
- 3.8.3 Investment
- 3.8.4 Product launch & innovation
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Rise in adoption of greener travel
  - 3.10.1.2 Growing demand for efficient rail transportation
  - 3.10.1.3 Increasing advancements in high-speed trains and digital innovations in Asia Pacific
  - 3.10.1.4 Decrease in traffic congestion
  - 3.10.1.5 Surge in government funding for rail network expansion and modernization
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 High initial investment
  - 3.10.2.2 Safety & security concerns
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 CRRC Corporation Limited
- 4.3.2 Alstom
- 4.3.3 Stadler Rail AG
- 4.3.4 Siemens AG
- 4.3.5 Wabtec Corporation
- 4.3.6 Kawasaki Heavy Industries
- 4.3.7 Progress Rail
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Rolling Stock Market Estimates & Forecast, By Type (Revenue & Units)

5.1 Key trends, by type
5.2 Locomotive
- 5.2.1 Diesel locomotives
- 5.2.2 Electric locomotives
- 5.2.3 Electro-diesel locomotives
- 5.2.4 Others
5.3 Metro
5.4 High-speed trains
5.5 Tramway
5.6 Passenger railroad cars
5.7 Others

Chapter 6 Rolling Stock Market Estimates & Forecast, By Application (Revenue & Units)

6.1 Key trends, by application
6.2 Passenger rail operators
6.3 Freight rail operators

Chapter 7 Rolling Stock Market Estimates & Forecast, By Region (Revenue & Units)

7.1 Key trends, by region
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
7.3 Europe
- 7.3.1 UK
- 7.3.2 Germany
- 7.3.3 France
- 7.3.4 Italy
- 7.3.5 Spain
- 7.3.6 Russia
7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 India
- 7.4.3 Japan
- 7.4.4 South Korea
- 7.4.5 ANZ
- 7.4.6 Singapore
7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.5.3 Colombia
- 7.5.4 Argentina
7.6 MEA
- 7.6.1 UAE
- 7.6.2 Saudi Arabia
- 7.6.3 South Africa
- 7.6.4 Israel
- 7.6.5 Turkey
- 7.6.6 Kuwait

Chapter 8 Company Profiles

8.1 Alstom
8.2 CAF
8.3 CRRC Corporation Limited
8.4 Hitachi
8.5 Hyundai Corporation
8.6 IHI Corporation
8.7 Kawasaki Heavy Industries
8.8 MAPNA Group
8.9 Nippon Sharyo
8.10 PESA Bydgoszcz SA
8.11 PPF Group N.V.
8.12 Progress Rail
8.13 Siemens AG
8.14 Stadler Rail AG
8.15 Talgo
8.16 Tatravagonka A.S. Poprad
8.17 The Greenbrier Companies
8.18 The Kinki Sharyo Co.
8.19 Trinity Industries
8.20 Wabtec Corporation