Rolling Stock Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Bombardier Aerospace México, SA de CV CAF (Construcciones y Auxiliar de Ferrocarriles, S.A.) Chittaranjan Locomotive Works GE Transportation

Rolling stock market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period (2024-2031). The market growth is driven by the increase in allocation of the budget for development of the railways sector, rise in demand for secure, safer, & efficient transport, and increase in use of public transport services. Additionally, increase in development & testing of autonomous train, improvement in railway infrastructure and rise in industrial & mining activity are contributing significantly towards market growth. Also, the rolling stock manufacturers have been working for technological advancement and innovations. The governments are contributing significantly towards market growth.

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The Indian government has allocated a significant budget for railway development in the fiscal year 2024-25. The interim budget for 2024-25 hasRs2.5lakh crore ($30.0 billion)for Indian Railway development. The budget focuses on the implementation of three major economic railway corridor programs aimed at enhancing logistics efficiency and reducing costs. Similarly, a New Railway Operating Plan in China has been implemented from January 2024 for 22,264 Freight trains. South Korea has approved an investment of $100.0 billion over the next 10 years to expand the rail network. This plan aims to increase the capacity of the rail network by 125.0%.

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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Rolling Stock Market by Type
o Locomotive
o Rapid Transit Vehicle
o Wagon

Rolling Stock Market by Source
o Diesel
o Electric

Rolling Stock Market by Applications
o Rail Freight
o Passenger Rail

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o Middle East & Africa

Company Profiles
o Bombardier Aerospace México, SA de CV
o CAF (Construcciones y Auxiliar de Ferrocarriles, S.A.)
o Chittaranjan Locomotive Works
o GE Transportation
o Hitachi Rail Ltd.
o IHI Corporation
o Kawasaki Heavy Industries
o MAPNA Group (Wagon Pars Co.)
o Nippon Sharyo, Ltd.
o PESA Group
o PPF Group N.V.
o Progress Rail
o Siemens Mobility
o Stadler Rail AG
o TALGO S.L.U.
o Tatravagonka a.s. Poprad
o The Greenbrier Companies
o Trinity Industries Inc.

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global rolling stock market Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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