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The Business Research Company's Rolling Stock Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, February 5, 2025 /EINPresswire.com/ -- Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
The rolling stock market has experienced significant growth in recent years. It is projected to expand from $61.79 billion in 2024 to $65.64 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.2%. The growth during the historical period can be attributed to the rising demand for mass transportation, the increasing preference for intermodal transport, advancements in rail infrastructure, and the need for efficient and dependable transportation solutions.
How Big Is the Global Rolling Stock Market Expected to Grow, and What Is Its Annual Growth Rate?
The rolling stock market is expected to experience strong growth in the coming years, reaching $87.98 billion by 2029 at a compound annual growth rate (CAGR) of 7.6%. The anticipated growth during the forecast period can be attributed to increasing urbanization, rising population density, the growing adoption of automation and digitalization in rolling stock, the integration of sustainable energy solutions, and enhanced connectivity through IoT. Key trends expected in this period include the electrification of rail networks, the adoption of maglev technology, a focus on energy efficiency, the integration of artificial intelligence, and the development of modular and customizable rolling stock.
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What Is Driving the Growth of the Rolling Stock Market?
The growing demand for energy-efficient transportation systems is expected to drive the expansion of the rolling stock market. Efficient transport solutions enable the movement of people and goods while minimizing time, costs, and energy consumption. Rolling stock, utilized in trains, plays a key role in reducing energy usage. Consequently, the increasing need for energy-efficient transport solutions is fueling the demand for rolling stock.
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Which Leading Companies Are Driving The Growth Of The Rolling Stock Market Share?
Major companies operating in the rolling stock market include Alstom Holdings SA, Bombardier Inc., Construcciones y Auxiliar de Ferrocarriles SA, CRRC Corporation Ltd.
What Are The Key Trends Driving The Growth Of The Rolling Stock Market Size?
Leading companies in the rolling stock market are prioritizing the development of advanced diesel-battery-electric hybrid locomotives to address the growing demand for sustainable transportation solutions. These locomotives integrate a conventional diesel engine with electric battery power, optimizing energy efficiency and lowering emissions. The diesel engine is utilized for long-distance travel and high-power requirements, while the battery supplies energy for short trips and enables regenerative braking in low-emission areas.
How Is the Global Rolling Stock Market Segmented?
The rolling stock market covered in this report is segmented –
1) By Product: Locomotive, Rapid Transit Vehicle, Wagon
2) By Locomotive Technology: Conventional Locomotive, Turbocharge Locomotive, Maglev, Diesel Locomotive, Electric Locomotive, Electro-Diesel Locomotive
3) By Component: Pantograph, Axle, Wheelset, Traction Motor, Auxiliary Power System, Other Components
4) By End User: Passenger Transit, Cargo Train
Subsegments:
1) By Locomotive: Diesel Locomotive, Electric Locomotive, Hybrid Locomotive
2) By Rapid Transit Vehicle: Light Rail Vehicle (LRV), Metro Or Heavy Rail, Monorail
3) By Wagon: Freight Wagon, Tank Wagon, Hopper Wagon, Flat Wagon
The Leading Region in the Rolling Stock Market is:
Asia-Pacific was the largest region in the rolling stock market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period.
What Is the Rolling Stock Market?
Rolling stock refers to the wheeled vehicles operated by a railroad or motor carrier, designed to optimize passenger capacity, enhance safety and security, and boost overall efficiency.
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