Rolling Stock Market Projected to Hit US$ 121.80 Billion by 2032, to grow at a CAGR of 4.9% | PMR
The rising demand for electric trains is one of the major trends propelling the demand for rolling stocks. Besides, the growth of intercity rail networks, which has created the need for faster and highly efficient trains, is boosting the market development.๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/rolling-stock-market/request-for-sample
The global rolling stock market size and share was valued at USD 78.52 billion in 2023 and is projected to grow to USD 121.80 billion by 2032. The industry is projected to exhibit a CAGR of 4.9% during the forecast period from 2024 to 2032.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
The research report offers a comprehensive analysis of all the key industry players that collectively account for the largest market share and dictate industry trends.
๐๐ฆ๐จ๐ง๐ ๐ญ๐ก๐ ๐ค๐๐ฒ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฉ๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ ๐จ๐๐๐๐ซ๐ข๐ง๐ ๐ญ๐ก๐๐ข๐ซ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ง๐ ๐ฌ๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข CRRC Corporation Limited
โข Trinity Rail
โข GE Transportation
โข Siemens Mobility
โข Alstom SA
โข Wabtec Corporation
โข Kawasaki Heavy Industries Ltd.
โข The Greenbrier Co.
โข Hyundai Rotem
โข Stadler Rail AG
โข Hitachi Rail System
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/2344/2
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
โข The rolling stock market is primarily segmented based on product, type, train type, and region.
โข By product analysis, the rapid transit vehicle segment is expected to grow at the highest CAGR as it's witnessing significant technological advancements.
โข By train type analysis, the diesel train segment dominated the market in 2022 as these engines are more dependable and can carry more weight while using less fuel.
๐๐ก๐๐ญ ๐๐ซ๐ ๐๐จ๐ฅ๐ฅ๐ข๐ง๐ ๐๐ญ๐จ๐๐ค?
A rolling stock is a term used in the rail transportation sector to refer to railway vehicles. It encompasses both powered and unpowered vehicles, including freight and passenger cars, locomotives and non-revenue vehicles. Also, vehicles for support services in rail transportation fall under rolling stock. Locomotives are used for the propulsion of the train. They can be powered by electricity, diesel or steam. As for the maintenance vehicles, they include ballast regulators, track inspection vehicles and rail grinders. Understanding the various types of rolling stock is crucial for the development of efficient railway systems, enabling comfortable and safe transportation of both passengers and goods.
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/rolling-stock-market
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐จ๐ฅ๐ฅ๐ข๐ง๐ ๐๐ญ๐จ๐๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข 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.
โข 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.
โข 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.
โข 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.
โข Key players with global presence including Alstom, Siemens, Wabtec Corporation, Kawasaki Heavy Industries, & Stadler.
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ ๐๐ง๐ ๐ ๐๐ซ๐ฆ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/agriculture-and-farm-equipment-market
๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ง-๐ ๐ฅ๐ข๐ ๐ก๐ญ ๐๐ง๐ญ๐๐ซ๐ญ๐๐ข๐ง๐ฆ๐๐ง๐ญ (๐-๐๐๐) ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/wireless-in-flight-entertainment-market
๐๐๐ซ๐๐๐ง๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/gardening-equipment-market
๐๐ฆ๐๐ซ๐ญ ๐ ๐ฅ๐๐๐ญ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/smart-fleet-management-market
๐ ๐ฅ๐จ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/flooring-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
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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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