Rolling Stock Market
Rolling Stock Market Forecasts to 2028 – Global Analysis By Component, Product Type (Coaches, Locomotives, Rapid Transit, Wagons), Technology (Conventional Locomotive, Maglev, Turbocharge Locomotive), Application and By Geography
According to Stratistics MRC, the Global Rolling Stock Market is accounted for $51.60 billion in 2020 and is expected to reach $79.79 billion by 2028 growing at a CAGR of 5.6% during the forecast period. Rising demand for energy-efficient transport and increasing stipulation for comfort and safety are the major factors propelling the market growth. However, refurbishment of existing rolling stock and requirement of high R&D investments are hampering the market growth.
Rolling stock term is used in railway transportation industry, which refers any vehicle that can move on rail-road. It includes powered vehicles such as locomotives and unpowered vehicles such as freight wagons, passenger coaches, and more. They operate automatically and are monitored or controlled from the control station. Automated trains or the driverless trains, which do not involve a driver to carry out its operations or working. Further, in case of any obstacle incurred in the route, a message is sent to operational control centre and to the attendant on the train, to stop the train.
Based on product type, the locomotive segment is going to have a lucrative growth during the forecast period owing to the increasing focusing on developing technologically advanced solutions on account of the rising concerns about transmission losses, component weight, and environmental concerns. Due to increasingly stringent fuel efficiency norms in North America and Europe, the diesel engine features the turbocharged technology which provides a 50% increase in engine power without additional increase in fuel cost as power is generated by the exhaust gas from the engine. The rolling stock industry is gradually shifting towards diesel-electric and electric locomotives.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the large-scale adoption of rail vehicles for transporting passengers and goods. Moreover, the growth of the regional market can also be attributed to the increase in investments in metro and electric trains in countries such as China, India, and Japan. With these three countries also topping the list of passenger-kilometre per year, in addition to those major manufacturers of rolling stock market are headquartered in this region.
Some of the key players profiled in the Rolling Stock Market include Alstom, Siemens Mobility, Bombardier Transportation, General Electric, Hyundai Rotem Company, Kawasaki Heavy Industries, Stadler Rail AG, CRRC Corporation Limited, Trinity Rail Group, LLC, Hitachi Railway Systems, The Greenbrier Co, Wabtec Corporation, Transmashholding, and Talgo.
Components Covered:
• Air Conditioning System
• Auxiliary Power System
• Axle
• Brakes
• Gearboxes
• Pantographs
• Passenger Information System
• Position Train Control
• Traction Motors
• Train Control Sytem
• Wheel Sets
Product Types Covered:
• Coaches
• Locomotives
• Rapid Transit
• Wagons
Technologies Covered:
• Conventional Locomotive
• Maglev
• Turbocharge Locomotive
Applications Covered:
• Freight Application
• Passenger Application
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Rolling Stock Market, By Component
5.1 Introduction
5.2 Air Conditioning System
5.3 Auxiliary Power System
5.4 Axle
5.5 Brakes
5.6 Gearboxes
5.7 Pantographs
5.8 Passenger Information System
5.9 Position Train Control
5.10 Traction Motors
5.11 Train Control Sytem
5.12 Wheel Sets
6 Global Rolling Stock Market, By Product Type
6.1 Introduction
6.2 Coaches
6.3 Locomotives
6.3.1 Diesel Locomotive
6.3.2 Electric Locomotive
6.3.3 Electro-diesel Locomotive
6.4 Rapid Transit
6.4.1 Diesel Multiple Units (DMU)
6.4.2 Electric Multiple Units (EMU)
6.4.3 Light Rail/Tram
6.4.4 Subway/Metro
6.4.5 Monorail
6.5 Wagons
7 Global Rolling Stock Market, By Technology
7.1 Introduction
7.2 Conventional Locomotive
7.3 Maglev
7.4 Turbocharge Locomotive
8 Global Rolling Stock Market, By Application
8.1 Introduction
8.2 Freight Application
8.3 Passenger Application
9 Global Rolling Stock Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Alstom
11.2 Siemens Mobility
11.3 Bombardier Transportation
11.4 General Electric
11.5 Hyundai Rotem Company
11.6 Kawasaki Heavy Industries
11.7 Stadler Rail AG
11.8 CRRC Corporation Limited
11.9 Trinity Rail Group, LLC
11.10 Hitachi Railway Systems
11.11 The Greenbrier Co
11.12 Wabtec Corporation
11.13 Transmashholding
11.14 Talgo
List of Tables
1 Global Rolling Stock Market Outlook, By Region (2019-2028) ($MN)
2 Global Rolling Stock Market Outlook, By Component (2019-2028) ($MN)
3 Global Rolling Stock Market Outlook, By Air Conditioning System (2019-2028) ($MN)
4 Global Rolling Stock Market Outlook, By Auxiliary Power System (2019-2028) ($MN)
5 Global Rolling Stock Market Outlook, By Axle (2019-2028) ($MN)
6 Global Rolling Stock Market Outlook, By Brakes (2019-2028) ($MN)
7 Global Rolling Stock Market Outlook, By Gearboxes (2019-2028) ($MN)
8 Global Rolling Stock Market Outlook, By Pantographs (2019-2028) ($MN)
9 Global Rolling Stock Market Outlook, By Passenger Information System (2019-2028) ($MN)
10 Global Rolling Stock Market Outlook, By Position Train Control (2019-2028) ($MN)
11 Global Rolling Stock Market Outlook, By Traction Motors (2019-2028) ($MN)
12 Global Rolling Stock Market Outlook, By Train Control Sytem (2019-2028) ($MN)
13 Global Rolling Stock Market Outlook, By Wheel Sets (2019-2028) ($MN)
14 Global Rolling Stock Market Outlook, By Product Type (2019-2028) ($MN)
15 Global Rolling Stock Market Outlook, By Coaches (2019-2028) ($MN)
16 Global Rolling Stock Market Outlook, By Locomotives (2019-2028) ($MN)
17 Global Rolling Stock Market Outlook, By Diesel Locomotive (2019-2028) ($MN)
18 Global Rolling Stock Market Outlook, By Electric Locomotive (2019-2028) ($MN)
19 Global Rolling Stock Market Outlook, By Electro-diesel Locomotive (2019-2028) ($MN)
20 Global Rolling Stock Market Outlook, By Rapid Transit (2019-2028) ($MN)
21 Global Rolling Stock Market Outlook, By Diesel Multiple Units (DMU) (2019-2028) ($MN)
22 Global Rolling Stock Market Outlook, By Electric Multiple Units (EMU) (2019-2028) ($MN)
23 Global Rolling Stock Market Outlook, By Light Rail/Tram (2019-2028) ($MN)
24 Global Rolling Stock Market Outlook, By Subway/Metro (2019-2028) ($MN)
25 Global Rolling Stock Market Outlook, By Monorail (2019-2028) ($MN)
26 Global Rolling Stock Market Outlook, By Wagons (2019-2028) ($MN)
27 Global Rolling Stock Market Outlook, By Technology (2019-2028) ($MN)
28 Global Rolling Stock Market Outlook, By Conventional Locomotive (2019-2028) ($MN)
29 Global Rolling Stock Market Outlook, By Maglev (2019-2028) ($MN)
30 Global Rolling Stock Market Outlook, By Turbocharge Locomotive (2019-2028) ($MN)
31 Global Rolling Stock Market Outlook, By Application (2019-2028) ($MN)
32 Global Rolling Stock Market Outlook, By Freight Application (2019-2028) ($MN)
33 Global Rolling Stock Market Outlook, By Passenger Application (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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