Press release
Rolling Stock Market: Top Global Companies, Business Insights, Opportunities, Regional Overview, Strategies, and Size Forecast Until 2034
The rolling stock market is expected to be at USD 78.52 billion in 2023. From 2023 to 2032, the market is estimated to grow at a CAGR of 4.9%, from USD 83.03 billion in 2024 to USD 121.80 billion in 2032.๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐
The report provides a thorough analysis of ongoing innovations, market share, market leaders, revenue generated, and regional data in order to provide a detailed understanding of the rolling stock market.
๐๐ก๐๐ญ ๐๐ฌ ๐๐จ๐ฅ๐ฅ๐ข๐ง๐ ๐๐ญ๐จ๐๐ค?
In the rail transport sector, locomotives, freight and passenger cars (or coaches), and other powered and unpowered railway vehicles are all referred to as rolling stock. Passenger cars can be single or multi-unit, self-propelled, or unpowered. Rolling stock is considered to be a liquid asset, or near to it, since the worth of the vehicle may be simply estimated and then shipped to the buyer without much expense or delay. The phrase contrasts with fixed stock (infrastructure), which is a collective term for the track, signals, stations, other structures, electric cables, etc., necessary to operate a railway.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/rolling-stock-market/request-for-sample
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ:
There is a lot of innovation in the market. A high degree of partnership activity among market participants is another characteristic of the rolling stock market. A few of the market leaders in the market are:
CRRC Corporation Limited
Trinity Rail
GE Transportation
Siemens Mobility
Alstom SA
Wabtec Corporation
Kawasaki Heavy Industries Ltd.
The Greenbrier Co.
Hyundai Rotem
Stadler Rail AG
Hitachi Rail System
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
The growing demand for electric trains is responsible for the expansion of the market for rolling stocks.
The increasing popularity of high-speed rail networks and intercity rail networks is expected to drive the market expansion further forward.
The implementation of favorable government policies and regulations supports the market expansion.
Increasing urban population and industrialization in emerging countries are driving up the demand for rolling stock.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/rolling-stock-market/request-for-discount-pricing
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Increased investment in metro and electric rail systems across a number of countries, including China, India, Japan, and others, is expected to drive the highest growth in Asia Pacific during the projected period. It is anticipated that the region's population will continue to increase quickly, increasing the need for rolling stock and railroads.
The Middle East & Africa is anticipated to expand significantly during the projected period. The government's expenditures on the expansion and renovation of the rail system in this area are driving up demand for rolling stock.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Rolling Stock Market, Product Outlook (Revenue - USD Billion, 2019 - 2032)
Locomotive
Rapid Transit vehicle
Wagon
Rolling Stock Market, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Diesel
Electric
Rolling Stock Market, Train Type Outlook (Revenue - USD Billion, 2019 - 2032)
Rail Freight
Passenger Rail
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/rolling-stock-market/inquire-before-buying
๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
Rapid transit segment held the dominant position in global market in 2022, owing to the advantages they offer such as improved ride quality, safety, and accessibility which passengers seek in public transport.
Electric train segment is anticipated to exhibit fastest CAGR during the forecast period as government in various countries try to reduce greenhouse gas emissions and promote the use of sustainable transportation.
Rail freight held the largest market share due to the growth of e-commerce which is driving demand for efficient and cost-effective transportation of goods.
MEA is expected to grow at a high CAGR over the projected period. Several countries in the MEA region, such as Morocco, are investing in high-speed rail networks. This is driving the demand for new rolling stock that can support high-speed transportation.
Key players with global presence including Alstom, Siemens, Wabtec Corporation, Kawasaki Heavy Industries, & Stadler.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Ev Charging Cables Market
https://www.polarismarketresearch.com/industry-analysis/ev-charging-cables
In-Vehicle Payment Services Market
https://www.polarismarketresearch.com/industry-analysis/in-vehicle-payment-services-market
Automotive Lightweight Material Market
https://www.polarismarketresearch.com/industry-analysis/automotive-lightweight-material-market
Automotive Finance Market
https://www.polarismarketresearch.com/industry-analysis/automotive-finance-market
Electric Truck Market
https://www.polarismarketresearch.com/industry-analysis/electric-truck-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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