Press release
2023 Rolling Stock Global Market | Insights, Industry Outlook, Growing Trends And Top Key Players Include Alstom Holdings SA, Bombardier Inc., Construcciones y Auxiliar de Ferrocarriles SA, CRRC Corporation Limited, GE Transportation
Rolling Stock Global Market
Rolling Stock Market Size, Growth Rate, And Forecast
The global rolling stock market size grew from $53.95 billion in 2022 to $58.67 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rolling stock market size is expected to grow to $72.67 billion in 2027 at a CAGR of 5.5%.
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Rolling Stock Market Drivers
The demand for energy-efficient transport systems is expected to propel the growth of the rolling stock market going forward. Efficient transportation systems allow people and products to move while saving time, money, and energy. Rolling stocks are used in trains and help to reduce energy consumption, as a result, rising demand for energy-efficient transportation systems drives up demand for rolling stocks.
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Rolling Stock Market Segments
• By Product: Locomotive, Rapid Transit Vehicle, Wagon
• By Locomotive Technology: Conventional Locomotive, Turbocharge Locomotive, Maglev, Diesel Locomotive, Electric Locomotive, Electro-Diesel Locomotive
• By Component: Pantograph, Axle, Wheelset, Traction Motor, Auxiliary Power System, Other Components
• By End User: Passenger Transit, Cargo Train
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Rolling Stock market.
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Rolling Stock Market Key Players
Major competitors in the Rolling Stock market include Alstom Holdings SA, Bombardier Inc., Construcciones y Auxiliar de Ferrocarriles SA, CRRC Corporation Limited, GE Transportation, General Electric, Hitachi Ltd., Hyundai Rotem Company, Kawasaki Heavy Industries Ltd., Siemens AG
The Business Research Company's "Global Rolling Stock Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Rolling Stock Market Include:
1. Executive Summary
2. Rolling Stock Market Characteristics
3. Rolling Stock Market Trends And Strategies
4. Rolling Stock Market - Macro Economic Scenario
5. Rolling Stock Market Size And Growth
……….
27. Rolling Stock Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Rolling Stock Market
29. Rolling Stock Market Future Outlook and Potential Analysis
30. Appendix
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