The global rolling stock management market is anticipated to grow at a CAGR of around 5.6 % during the forecast period 2020 to 2027 and to reach around US$ 65.7 Bn by 2027.
Market Dynamics
Rising consumer preference for railway transport, coupled with increasing adoption of rolling stock management for railway management such as traffic management, rail asset, analytics, and rail control & security are major factors expected to drive the growth of target market. In addition, increasing public private partnership in order to facilitate the rail transportation and for development of reliable and efficient management system this is another factor expected to further support the growth of target market.
In 2019, Bharat Electronics state-owned aerospace and defense company launched SWAGAT an automatic fare collecting system for the Delhi Metro Rail Corporation (DMRC).
Major players approach towards business expansion through strategic partnership and agreements in order to enhance the customer base is another factor expected to augment the growth of target market.
- In 2018, Bombardie signed an agreement with Malaysian Industry Government Group for High Technology (MIGHT) with the focus on developing home-grown rail industry. This is expected to help the company to enhance the customer base.
- In 2016, General Electric signed a contract to provide maintenance services and support for Rio Tinto’s locomotive network in the Pilbara region of Western Australia. This is expected to help the company to enhance the business presence.
- In 2018, Nuovo Trasporto Viaggiatori and Alstom signed a agreement in order to offer maintenance and repair service for trains for next 30 years. This is expected to help the company to enhance the business ratio.
- In 2015 Siemens launched new state-of-the-art control center for centralized rail traffic management in South Africa. The center is capable of monitoring 600 trains and up to 500,000 passengers every day. This is expected to help the company to enhance the business presence.
However, factors such as lack availability of required infrastructure and high cost associated to deployment of advanced systems are expected to hamper the growth of global rolling stock management market. In addition, high cost of maintenance is another factor expected to further challenge the growth of target market.
Increasing urbanization in developing countries, high government spending on infrastructure development, and increasing use in IoT components are factors expected to create new opportunities for players operating in the target market over the forecast period. In addition, increasing public-private partnerships for development of automatic monitoring is another factor expected to further revenue support the growth of target market.
Rolling Stock Management Market Segment Analysis, 2019
The global rolling stock management market is further segmented into application type, management type, and maintenance. The maintenance segment is further bifurcated into predictive maintenance, corrective maintenance, and preventive maintenance. Among application type the passenger carrier segment is expected to account for significant revenue share in the global market.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to increasing consumer preference for railway transportation. In addition, presence of large number of players operating in the country, high investment for technological advancements, coupled with introduction of innovative solutions are among other factors expected to further support the growth of target market.
Asia Pacific is expected to witness faster growth in the near future owing to high government spending on development of present railway infrastructure. In addition, approach towards adoption of advanced IoT components in order to lower the operational and maintenance cost is another factor expected to further support the growth of target market.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
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Market
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Global Rolling Stock Management Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Application Type, Management Type, Maintenance and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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The market research study on “Rolling Stock Management Market (Application Type: Goods Carrier and Passenger Carrier; Management Type: Railway and Infrastructure; Maintenance: Predictive Maintenance, Corrective Maintenance, and Preventive Maintenance) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027”, offers a detailed insights on the global rolling stock management market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global rolling stock management market segment by application type, management type, maintenance and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global rolling stock management market size and segment markets by application type, management type, maintenance and geography along with the information on companies operating in the market. The rolling stock management market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report Hitachi, Mitsubishi Heavy Industries, Talgo, Alstom S.A., Siemens Mobility, Bombardier Transportation, General Electric, ABB, Thales Group, and Tech Mahindra.
Market Segmentation
Market By Application Type
- Goods Carrier
- Passenger Carrier
Market By Management Type
- Air Spring
- Tank
- Solenoid Valve
- Shock Absorber
- Air Compressor
- Electronic Control Unit (ECU)
- Height & Pressure Sensor
- Others
Market By Maintenance
- Predictive Maintenance
- Corrective Maintenance
- Preventive Maintenance
Market By Region
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest if Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Meddle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Rolling Stock Management
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Rolling Stock Management Market By Application Type
1.2.2.1. Global Rolling Stock Management Market Revenue and Growth Rate Comparison By Application Type(2020-2027)
1.2.2.2. Global Rolling Stock Management Market Revenue Share By Application Type in 2019
1.2.2.3. Goods Carrier
1.2.2.4. Passenger Carrier
1.2.3. Rolling Stock Management Market By Management Type
1.2.3.1. Global Rolling Stock Management Market Revenue and Growth Rate Comparison By Management Type (2020-2027)
1.2.3.2. Global Rolling Stock Management Market Revenue Share By Management Type in 2019
1.2.3.2.1. Air Spring
1.2.3.2.2. Tank
1.2.3.2.3. Solenoid Valve
1.2.3.2.4. Shock Absorber
1.2.3.2.5. Air Compressor
1.2.3.2.6. Electronic Control Unit (ECU)
1.2.3.2.7. Height & Pressure Sensor
1.2.3.2.8. Others
1.2.4. Rolling Stock Management Market By Maintenance
1.2.4.1. Global Rolling Stock Management Market Revenue and Growth Rate Comparison By Maintenance(2020-2027)
1.2.4.2. Global Rolling Stock Management Market Revenue Share By Maintenance in 2019
1.2.4.2.1. Predictive Maintenance
1.2.4.2.2. Corrective Maintenance
1.2.4.2.3. Preventive Maintenance
1.2.5. Rolling Stock Management Market By Geography
1.2.5.1. Global Rolling Stock Management Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America Rolling Stock Management Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Rolling Stock Management Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Rolling Stock Management Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Rolling Stock Management Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) Rolling Stock Management Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING Rolling Stock Management ANALYSIS
3.1. Capacity and Commercial Production Date of Global Rolling Stock Management Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Rolling Stock Management Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Rolling Stock Management Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Rolling Stock Management Major Manufacturers in 2019
CHAPTER 4. Rolling Stock Management MARKET By Application Type
4.1. Global Rolling Stock Management Revenue By Application Type
4.2. Goods Carrier
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Passenger Carrier
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Rolling Stock Management MARKET By Management Type
5.1. Global Rolling Stock Management Revenue By Management Type
5.2. Air Spring
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Tank
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Solenoid Valve
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Shock Absorber
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. Air Compressor
5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.7. Electronic Control Unit (ECU)
5.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.8. Height & Pressure Sensor
5.8.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.9. Others
5.9.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.9.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. Rolling Stock Management MARKET By Maintenance
6.1. Global Rolling Stock Management Revenue By Maintenance
6.2. Predictive Maintenance
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Corrective Maintenance
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.4. Preventive Maintenance
6.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA Rolling Stock Management MARKET BY COUNTRY
7.1. North America Rolling Stock Management Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Rolling Stock Management Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Rolling Stock Management Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Rolling Stock Management Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Rolling Stock Management Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Rolling Stock Management MARKET BY COUNTRY
9.1. Asia-Pacific Rolling Stock Management Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Rolling Stock Management Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Rolling Stock Management MARKET BY COUNTRY
10.1. Latin America Rolling Stock Management Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Rolling Stock Management Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Rolling Stock Management MARKET BY COUNTRY
11.1. Middle East & Africa Rolling Stock Management Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Rolling Stock Management Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Application Type, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Management Type, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Maintenance, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Hitachi
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Mitsubishi Heavy Industries
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Talgo
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Alstom S.A.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Siemens Mobility
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Bombardier Transportation
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. StrategiesTorpedo Inc.
12.7. General Electric
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. ABB
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.10. Thales Group
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Tech Mahindra
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
12.12. Others
12.12.1. Company Snapshot
12.12.2. Overview
12.12.3. Financial Overview
12.12.4. Product Portfolio
12.12.5. Key Developments
12.12.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
