MarkNtel Advisors analyses the growth rate of the Rolling Stock market in the forecast period from 2023 to 2028. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the Rolling Stock market, helping them make informed decisions.

Market Outlook – 2023-2028:

The Global Rolling Stock Market is projected to grow at a CAGR of around 4.13% during the forecast period, i.e., 2023-28. The growth of the market is projected to be driven mainly by the expansion of railway routes worldwide, rapidly increasing urbanization, rising traffic congestion, and the mounting demand for comfortable & shorter journeys. In addition, the increasing electrification of railway networks, the replacement of old rolling stocks, and various ongoing & upcoming railway projects are also expected to boost the market in the coming years.

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Key Company Profiles

This report explores recent significant developments in the Rolling Stock Market, focusing on the leading companies and their innovative profiles. The major players in the Rolling Stock Market, featured in this report, include:

  • CAF (Construcciones Y Auxiliar De Ferrocarriles, S.A.)
  • Hitachi, Ltd.
  • Alstom
  • CRRC Corporation Limited
  • IHI Corporation
  • Hyundai Corporation
  • Kawasaki Heavy Industries, Ltd.
  • Nippon Sharyo, Ltd.
  • Mapna Group
  • ŠKODA TRANSPORTATION a.s.
  • Trinity Rail
  • Siemens Mobility
  • The Greenbrier Co.
  • GE Transportation
  • Wabtec Corporation

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Market Segmentation & Coverage

This research report by MarkNtel Advisors categorizes the Rolling Stock Market to forecast revenues and analyse trends across each of the following sub-markets:

  • By Product Type
    • Locomotive
    • Rapid Transit Vehicles
    • Wagon
    • Metros
    • Trams
    • Monorails
    • Passenger Coaches
    • Others (Hyperloop, Bullet Trains, etc.)

Of them all, RTVs (Rapid Transit Vehicles) are projected to acquire a prominent share of the Global Rolling Stock Market during 2023-28.

  • By Propulsion
    • Diesel
    • Electric
  • By End User
    • Passenger Transit
    • Cargo Train
  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia-Pacific

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What are the primary factors driving the growth of the Global Rolling Stock Market?

Government Efforts toward Integrating Rapid Transit Networks to Reduce Traffic Congestion - Growing disposable incomes of people are leading to the ever-increasing demand for personal mobility and, consequently, rapidly rising road traffic worldwide. Moreover, the insufficient road network infrastructure in urban areas is another aspect leading to increasing road congestion & travel time. As a result, governments & urban planners are actively working on merging rapid transit networks & tramways with the existing city infrastructure. Moreover, the mounting inclination of commuters toward cost-effective, reliable, fast, yet eco-friendly means of transportation has bolstered the popularity of high-speed train networks. Hence, countries like Germany, France, & the UK are promoting the use of rapid transit systems to reduce traffic congestion, while India, China, Egypt, Brazil, & the Gulf nations are massively investing in the development of metros. Hence, these aspects are projected to drive the Global Rolling Stock Market during 2023-28.

Key Questions Addressed:

  • Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
  • Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
  • Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
  • Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
  • Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?

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