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Rolling Stock Market Projected to Hit US$ 121.80 Billion by 2032, to grow at a CAGR of 4.9% | PMR

Rolling Stock Market

Rolling Stock Market

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.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: 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.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

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.

๐€๐ฆ๐จ๐ง๐  ๐ญ๐ก๐ž ๐ค๐ž๐ฒ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฉ๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ ๐จ๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž๐ข๐ซ ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐š๐ง๐ ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž:

โ€ข CRRC Corporation Limited
โ€ข Trinity Rail
โ€ข GE Transportation
โ€ข Siemens Mobility
โ€ข Alstom SA
โ€ข Wabtec Corporation
โ€ข Kawasaki Heavy Industries Ltd.
โ€ข The Greenbrier Co.
โ€ข Hyundai Rotem
โ€ข Stadler Rail AG
โ€ข Hitachi Rail System

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/2344/2

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

โ€ข The rolling stock market is primarily segmented based on product, type, train type, and region.

โ€ข By product analysis, the rapid transit vehicle segment is expected to grow at the highest CAGR as it's witnessing significant technological advancements.

โ€ข 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.

๐–๐ก๐š๐ญ ๐š๐ซ๐ž ๐‘๐จ๐ฅ๐ฅ๐ข๐ง๐  ๐’๐ญ๐จ๐œ๐ค?

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.

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐ญ๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/rolling-stock-market

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

โ€ข North America (U.S., Canada)

โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)

โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)

โ€ข Latin America (Brazil, Mexico, Argentina)

โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐‘๐จ๐ฅ๐ฅ๐ข๐ง๐  ๐’๐ญ๐จ๐œ๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข 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.

โ€ข 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.

โ€ข 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.

โ€ข 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.

โ€ข Key players with global presence including Alstom, Siemens, Wabtec Corporation, Kawasaki Heavy Industries, & Stadler.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐  ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐€๐ง๐ ๐…๐š๐ซ๐ฆ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/agriculture-and-farm-equipment-market

๐–๐ข๐ซ๐ž๐ฅ๐ž๐ฌ๐ฌ ๐ˆ๐ง-๐…๐ฅ๐ข๐ ๐ก๐ญ ๐„๐ง๐ญ๐ž๐ซ๐ญ๐š๐ข๐ง๐ฆ๐ž๐ง๐ญ (๐–-๐ˆ๐Ÿ๐ž) ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/wireless-in-flight-entertainment-market

๐†๐š๐ซ๐๐ž๐ง๐ข๐ง๐  ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/gardening-equipment-market

๐’๐ฆ๐š๐ซ๐ญ ๐…๐ฅ๐ž๐ž๐ญ ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/smart-fleet-management-market

๐…๐ฅ๐จ๐จ๐ซ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/flooring-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

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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