The global rolling stock market is anticipated to grow at a CAGR of around 4.5% during the forecast period 2020 to 2027 and to reach around US$ 79.9 Bn by 2027.
Market Dynamics
Rapid urbanization in developing countries, high government expenditure on development of present rail infrastructure and increasing demand for smart, speed and comfortable rail transportation system are major factors expected to drive the growth of global market. In addition, increasing consumer’s preference for railway transport and introduction of for rail vehicles such as trams, local trains, passenger rails, etc. is another factor expected boost the growth of target market.
Major players approach towards business development through strategic merger and acquisition in order to enhance the customer base is another factor expected to further augment the growth of target market.
- In 2018, Bombardier a multinational manufacturer of business jets and rail introduced new BOMBARDIER TRAXX 3 platform. This is expected to help the company to enhance the business presence and increase the profit.
- In 2018, CRRC Nanjing Puzhen Co., Ltd. developed an Automated-People-Mover-Systems (APCM) named INNOVIA APM 300. This is expected to help the company to enhance the customer base. In addition, in 2017, CRRC also manufactured a low-speed Maglev train comprising 6 cars with a capacity of around 1,032 passengers and speed of 100 km/h.
- In 2018, Alstom a multinational company operating worldwide in rail transport markets introduced high-speed line in Spain connecting Madrid and Castellón by a very high-speed train S-100. This is expected to attract consumers and enhance the profit ratio.
- In 2020 Alstom a multinational company operating worldwide in rail transport markets acquired Bombardier rail business. This is expected to help the company to enhance the customer base and increase the revenue share.
- In 2020 Akiem a leader in locomotive leasing and related services acquired Macquarie European Rail fleet. This acquisition is expected to help the company to enhance the revenue share.
- 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
However, factors such as high cost associated to product & maintenance and high operational investment are factors expected to hamper the growth of global rolling stock market. In addition, refurbishment of existing rolling stock is another factor expected to further challenge the growth of target market.
Increasing industrial and mining activity across the globe and rising urbanization are major factors expected to create new opportunities for players operating in the target market over the forecast period. In addition, increasing partnership and agreements between players is another factor expected to revenue support the growth of target market.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to increasing consumers preference for passenger vehicles for long distance. In addition, high presence of large number of players operating in the country along with introduction of innovative solutions is another factor expected to support the growth of target market.
In addition, increasing merger and acquisition activities among players in order to enhance the business presence is another factor expected to boost the growth of target market.
Asia Pacific is expected to witness faster growth in the near future owing to increasing government expenditure on development of present rail system. In addition, deployment of high speed railways for long distance is expected to boost the growth of regional 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 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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Product, Type, Train Type, 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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Rolling Stock Market Segment Analysis, 2019
The global rolling stock market is segmented into product, type, and trail type. The product segment is further bifurcated into locomotive, rapid transit vehicle, and wagon. Among the train type the passenger rail segment is expected to account for significant revenue share in the global market due to increasing preference of cost-effective and comfortable rail transport from consumers for short distance.
The players profiled in the report CRRC Corporation Limited, Bombardier Transportation, Trinity Rail Group, LLC, Alstom Transport, GE Transportation, Siemens Mobility, Hitachi Rail Systems, Stadler Rail AG, The Greenbrier Co., and Hyundai Rotem.
Market Segmentation
Market By Product
- Locomotive
- Rapid Transit Vehicle
- Wagon
Market By Type
Market By Train Type
- Rail Freight
- Passenger Rail
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
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Rolling Stock Market By Product
1.2.2.1. Global Rolling Stock Market Revenue and Growth Rate Comparison By Product(2020-2027)
1.2.2.2. Global Rolling Stock Market Revenue Share By Product in 2019
1.2.2.3. Locomotive
1.2.2.4. Rapid Transit Vehicle
1.2.2.5. Wagon
1.2.3. Rolling Stock Market By Type
1.2.3.1. Global Rolling Stock Market Revenue and Growth Rate Comparison By Type (2020-2027)
1.2.3.2. Global Rolling Stock Market Revenue Share By Type in 2019
1.2.3.2.1. Diesel
1.2.3.2.2. Electric
1.2.4. Rolling Stock Market By Train Type
1.2.4.1. Global Rolling Stock Market Revenue and Growth Rate Comparison By Train Type(2020-2027)
1.2.4.2. Global Rolling Stock Market Revenue Share By Train Type in 2019
1.2.4.2.1. Rail Freight
1.2.4.2.2. Passenger Rail
1.2.5. Rolling Stock Market By Geography
1.2.5.1. Global Rolling Stock Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America Rolling Stock Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Rolling Stock Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Rolling Stock Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Rolling Stock Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) Rolling Stock 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 ANALYSIS
3.1. Capacity and Commercial Production Date of Global Rolling Stock Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Rolling Stock Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Rolling Stock Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Rolling Stock Major Manufacturers in 2019
CHAPTER 4. Rolling Stock MARKET By Product
4.1. Global Rolling Stock Revenue By Product
4.2. Locomotive
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. Rapid Transit Vehicle
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Wagon
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Rolling Stock MARKET By Type
5.1. Global Rolling Stock Revenue By Type
5.2. Diesel
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. Electric
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. Rolling Stock MARKET By Train Type
6.1. Global Rolling Stock Revenue By Train Type
6.2. Rail Freight
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. Passenger Rail
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA Rolling Stock MARKET BY COUNTRY
7.1. North America Rolling Stock Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Rolling Stock Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Rolling Stock Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Rolling Stock Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Rolling Stock Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Rolling Stock MARKET BY COUNTRY
9.1. Asia-Pacific Rolling Stock Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Rolling Stock Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Rolling Stock MARKET BY COUNTRY
10.1. Latin America Rolling Stock Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Rolling Stock Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Rolling Stock MARKET BY COUNTRY
11.1. Middle East & Africa Rolling Stock Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Rolling Stock Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. CRRC Corporation Limited
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. Bombardier Transportation
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. Trinity Rail Group, LLC
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 Transport
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. GE Transportation
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. Siemens Mobility
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. Hitachi Rail Systems
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. Stadler Rail AG
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
12.9. The Greenbrier Co.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
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
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
