The rolling stock market size is expected to grow by $11.82 billion between 2024 and 2028. Growing E-Commerce Launches Rolling Stock Market to Boost Market Growth, Technavio

NEW YORK, May 24, 2024 /PRNewswire/ — Global rolling stock market The size is estimated to increase $11.82 According to Technavio, in the years 2024–2028 billion dollars. The market is estimated to grow at a CAGR of 3.98% during the forecast period.

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Key market trends driving growth

The rolling stock market is experiencing significant growth due to the global shift towards electrification and hybrid solutions in rail transport. Low-floor trains, equipped with Wi-Fi and advanced railway systems, are very popular. Existing rolling stock is being replaced with electric rolling stock such as high-speed trains and hybrid locomotives to reduce carbon emissions and improve energy efficiency.

Rail operators are investing in predictive maintenance technologies, using sensors and data analytics to improve train efficiency and save energy. Development of high-speed rail networks in regions such as Europe AND Asia is driving this trend, and eco-friendly transport solutions are becoming more and more popular. Oil prices and infrastructure development also affect the market, as city planners try to reduce road traffic and improve urban infrastructure with rapid transit systems and trams.

Market challenges

• Rolling stock, which is a significant investment for both new entrants and rail operators, involves high capital costs due to its specialized nature. Complex engineering, advanced technology and skilled labor are required to meet safety, performance and regulatory standards. Rolling stock must meet stringent safety regulations, which often requires the use of expensive, specialized materials and components. The market is influenced by oil prices and energy sources such as electricity, hydrogen fuel and battery-powered rolling stock.
• Urban planners and urban infrastructure are prioritizing greener transport solutions, including rail vehicles, trams and rapid transit systems, to meet daily commuting needs and affordability. Rolling stock OEMs are focusing on decarbonization, energy efficiency and renewing existing locomotive fleets to meet global warming concerns and demand for passenger and freight rail.

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Segment overview

1. App

• 1.1 Rail transport
• 1.2 Railway passenger

Type

• 2.1 Diesel
• 2.2 Electric
• 2.3 Electrodiesel

Geography

• 3.1 Asia and the Pacific
• 3.2 Europe
• 3.3 North America
• 3.4 South America
• 3.5 Near East AND Africa

1.1 Rail transport- The rolling stock market is segmented based on application in the rail sector, which includes high-speed trains, trams and rail infrastructure. Rail vehicles, including freight wagons and rapid transit vehicles, are an integral part of rail freight transport and urban mobility. Global Railway Review and Indian Railways, among others, are investing in rail networks and rail service facilities to meet growing demand. Energy-efficient rolling stock, such as low-floor trains equipped with Wi-Fi and predictive maintenance systems, is becoming increasingly popular.

Rail operators are focusing on electrification and reducing greenhouse gas emissions through energy efficiency and electric vehicle policies, which requires the adoption of environmentally friendly transport solutions such as electric trains. Railway telematics, train systems, control centers and metro segments etc Delhi Metro i Shanghai Metro, drive innovation in rail travel. Rolling stock OEMs and rail operators are collaborating to integrate computer vision, sensors, data analytics and onboard Wi-Fi to improve passenger experience and optimize fleet performance.

The market also includes existing railcar fleets such as Amtrak’s Auto Train, Coast Starlight and various rail travel offerings. Railways are exploring the integration of rail, road and air transport to create seamless multimodal transport solutions.

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Research analysis

The Rolling Stock market covers the production, procurement and maintenance of vehicles used in rail transport, including freight wagons and passenger trains. Crude oil prices are key drivers of this market, as diesel-powered rolling stock is more common in regions with lower electricity costs or less developed rail electrification. Greener transport solutions, such as hydrogen fuel cells, are also gaining popularity on the market.

Energy conservation and efficiency are key as mechanical brakes are replaced by more energy-efficient alternatives. Railway networks around the world, including: India and the United States (Amtrak, Auto Train, Coast Starlight) are investing in telematics and rail electrification to reduce greenhouse gas emissions and improve the quality of rail travel. Another important factor is electric vehicle policy, with many governments encouraging the use of electric trains to reduce overall greenhouse gas emissions.

Market research review

The Rolling Stock Market means trade in railway vehicles and related equipment. This market is essential for the smooth operation of railway systems around the world. The rolling stock includes locomotives, passenger cars, freight cars and subway cars. The demand for rolling stock is driven by factors such as population growth, urbanization and infrastructure development. Rolling stock manufacturers design and produce these vehicles using advanced technologies to improve efficiency and reduce maintenance costs.

The rolling stock market is a dynamic and complex industry with many players involved in production, maintenance and leasing. Regulatory framework, technological advancements and economic conditions also influence the market. Rolling stock is a key element of railway systems, ensuring the timely and safe transportation of passengers and goods.

Contents:

1 Summary
2 Market landscape
3 Market size
4 Historical market size
5 Five Forces Analysis
6 Market segmentation

• App
• Railway transport
• Railway passenger
• Type
• Diesel
• Electric
• Electrodiesel
• Geography
• APAC
• Europe
• North America
• South America
• Middle East and Africa

7 Customer landscape
8 Geographic landscape
9 Factors, challenges and trends
10 Company landscape
11 Company analysis
12 Annex

About Technavio

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SOURCE Technavio