Rolling Stock Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global rolling stock market size reached US$ 66.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 78.2 Billion by 2028, exhibiting a growth rate (CAGR) of 2.67% during 2023-2028.
Rolling stock refers to all wheeled vehicles that run on railway tracks and includes both powered and unpowered coaches, carriages, passenger cars and freight wagons. It is considered to be one of the most cost-effective modes of conveyance for commuters as well as for transporting heavy or bulky goods over long distances. It can also be easily customized as per the exact requirements of the end user and provides a larger carrying capacity in comparison to other forms of transportation. As a result, it offers extensive applicability in various industries such as oil and gas, automotive, and mining where tank wagons are used to transport multiple deliverables, industrial chemicals, petrol and diesel.
The increasing urban population and growing industrial mining activities around the world, which have driven the demand for rapid trams, local passenger and fast metro trains, represent the key factors driving the global rolling stock market. People are increasingly opting for public transports as it reduces on-road congestion and provides a time-saving, comfortable and economical mode of transportation. Moreover, the innovations in big data and analytics have assisted industrial Original Equipment Manufacturers (OEMs) and suppliers to streamline their operations and provide digital solutions, real-time monitoring and predictive maintenance solutions to rolling stock users. Furthermore, technological advancements such as magnetic levitation trains (Maglev Trains), application of IoT in communications, signaling, engineering and enhancing onboard experience for the passengers have also catalyzed the growth of the global rolling stock market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global rolling stock market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, locomotive technology and application.
Breakup by Product Type:
Diesel Locomotive
Electric Locomotive
Others
Breakup by Locomotive Technology:
Conventional Locomotive
Turbocharge Locomotive
Maglev
Breakup by Application:
Passenger Coach
Freight Wagon
Breakup by Region:
Europe
North America
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
Key Questions Answered in This Report
1. What was the size of the global rolling stock market in 2022?
2. What is the expected growth rate of the global rolling stock market during 2023-2028?
3. What are the key factors driving the global rolling stock market?
4. What has been the impact of COVID-19 on the global rolling stock market?
5. What are the key regions in the global rolling stock market?
Rolling stock refers to all wheeled vehicles that run on railway tracks and includes both powered and unpowered coaches, carriages, passenger cars and freight wagons. It is considered to be one of the most cost-effective modes of conveyance for commuters as well as for transporting heavy or bulky goods over long distances. It can also be easily customized as per the exact requirements of the end user and provides a larger carrying capacity in comparison to other forms of transportation. As a result, it offers extensive applicability in various industries such as oil and gas, automotive, and mining where tank wagons are used to transport multiple deliverables, industrial chemicals, petrol and diesel.
The increasing urban population and growing industrial mining activities around the world, which have driven the demand for rapid trams, local passenger and fast metro trains, represent the key factors driving the global rolling stock market. People are increasingly opting for public transports as it reduces on-road congestion and provides a time-saving, comfortable and economical mode of transportation. Moreover, the innovations in big data and analytics have assisted industrial Original Equipment Manufacturers (OEMs) and suppliers to streamline their operations and provide digital solutions, real-time monitoring and predictive maintenance solutions to rolling stock users. Furthermore, technological advancements such as magnetic levitation trains (Maglev Trains), application of IoT in communications, signaling, engineering and enhancing onboard experience for the passengers have also catalyzed the growth of the global rolling stock market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global rolling stock market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, locomotive technology and application.
Breakup by Product Type:
Diesel Locomotive
Electric Locomotive
Others
Breakup by Locomotive Technology:
Conventional Locomotive
Turbocharge Locomotive
Maglev
Breakup by Application:
Passenger Coach
Freight Wagon
Breakup by Region:
Europe
North America
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
Key Questions Answered in This Report
1. What was the size of the global rolling stock market in 2022?
2. What is the expected growth rate of the global rolling stock market during 2023-2028?
3. What are the key factors driving the global rolling stock market?
4. What has been the impact of COVID-19 on the global rolling stock market?
5. What are the key regions in the global rolling stock market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL ROLLING STOCK MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Locomotive Technology
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
6 MARKET BREAKUP BY PRODUCT TYPE
6.1 Diesel Locomotive
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Electric Locomotive
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 MARKET BREAKUP BY LOCOMOTIVE TECHNOLOGY
7.1 Conventional Locomotive
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Turbocharge Locomotive
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Maglev
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY APPLICATION
8.1 Passenger Coach
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Freight Wagon
8.2.1 Market Trends
8.2.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 Europe
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North America
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL ROLLING STOCK MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Locomotive Technology
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
6 MARKET BREAKUP BY PRODUCT TYPE
6.1 Diesel Locomotive
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Electric Locomotive
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 MARKET BREAKUP BY LOCOMOTIVE TECHNOLOGY
7.1 Conventional Locomotive
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Turbocharge Locomotive
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Maglev
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY APPLICATION
8.1 Passenger Coach
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Freight Wagon
8.2.1 Market Trends
8.2.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 Europe
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North America
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
LIST OF TABLES
Table 1: Global: Rolling Stock Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Rolling Stock Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Rolling Stock Market Forecast: Breakup by Locomotive Technology (in Million US$), 2023-2028
Table 4: Global: Rolling Stock Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Rolling Stock Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Rolling Stock Market Structure
Table 7: Global: Rolling Stock Market: Key Players
Table 1: Global: Rolling Stock Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Rolling Stock Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Rolling Stock Market Forecast: Breakup by Locomotive Technology (in Million US$), 2023-2028
Table 4: Global: Rolling Stock Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Rolling Stock Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Rolling Stock Market Structure
Table 7: Global: Rolling Stock Market: Key Players
LIST OF FIGURES
Figure 1: Global: Rolling Stock Market: Major Drivers and Challenges
Figure 2: Global: Rolling Stock Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Rolling Stock Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Rolling Stock Market: Breakup by Locomotive Technology (in %), 2022
Figure 5: Global: Rolling Stock Market: Breakup by Application (in %), 2022
Figure 6: Global: Rolling Stock Market: Breakup by Region (in %), 2022
Figure 7: Global: Rolling Stock Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Rolling Stock Industry: SWOT Analysis
Figure 9: Global: Rolling Stock Industry: Value Chain Analysis
Figure 10: Global: Rolling Stock Industry: Porter’s Five Forces Analysis
Figure 11: Global: Rolling Stock (Diesel Locomotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Rolling Stock (Diesel Locomotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Rolling Stock (Electric Locomotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Rolling Stock (Electric Locomotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Rolling Stock (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Rolling Stock (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Rolling Stock (Conventional Locomotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Rolling Stock (Conventional Locomotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Rolling Stock (Turbocharge Locomotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Rolling Stock (Turbocharge Locomotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Rolling Stock (Maglev) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Rolling Stock (Maglev) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Rolling Stock (Passenger Coach) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Rolling Stock (Passenger Coach) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Rolling Stock (Freight Wagon) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Rolling Stock (Freight Wagon) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Europe: Rolling Stock Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Europe: Rolling Stock Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Rolling Stock Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Rolling Stock Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Asia Pacific: Rolling Stock Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Asia Pacific: Rolling Stock Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Middle East and Africa: Rolling Stock Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Middle East and Africa: Rolling Stock Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Latin America: Rolling Stock Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Latin America: Rolling Stock Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 1: Global: Rolling Stock Market: Major Drivers and Challenges
Figure 2: Global: Rolling Stock Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Rolling Stock Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Rolling Stock Market: Breakup by Locomotive Technology (in %), 2022
Figure 5: Global: Rolling Stock Market: Breakup by Application (in %), 2022
Figure 6: Global: Rolling Stock Market: Breakup by Region (in %), 2022
Figure 7: Global: Rolling Stock Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Rolling Stock Industry: SWOT Analysis
Figure 9: Global: Rolling Stock Industry: Value Chain Analysis
Figure 10: Global: Rolling Stock Industry: Porter’s Five Forces Analysis
Figure 11: Global: Rolling Stock (Diesel Locomotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Rolling Stock (Diesel Locomotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Rolling Stock (Electric Locomotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Rolling Stock (Electric Locomotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Rolling Stock (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Rolling Stock (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Rolling Stock (Conventional Locomotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Rolling Stock (Conventional Locomotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Rolling Stock (Turbocharge Locomotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Rolling Stock (Turbocharge Locomotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Rolling Stock (Maglev) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Rolling Stock (Maglev) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Rolling Stock (Passenger Coach) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Rolling Stock (Passenger Coach) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Rolling Stock (Freight Wagon) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Rolling Stock (Freight Wagon) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Europe: Rolling Stock Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Europe: Rolling Stock Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Rolling Stock Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Rolling Stock Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Asia Pacific: Rolling Stock Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Asia Pacific: Rolling Stock Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Middle East and Africa: Rolling Stock Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Middle East and Africa: Rolling Stock Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Latin America: Rolling Stock Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Latin America: Rolling Stock Market Forecast: Sales Value (in Million US$), 2023-2028
