Stock Market: Overview
The rolling stock market presents promising growth
prospects and projected to have an upward trend over the forecast period
2019-2025. Rolling stock means that any vehicle that runs on a rail track.
Rolling stock has aided easy transportation with benefits like cost-effectiveness,
reliability, and comfort. Sanction of new railway lines and projects such as
high-speed railway coupled with an increasing need for energy-efficient
transport are the significant factors estimated to fuel the market. The
transportation infrastructure is snowballing. Growing population,
industrialization, and government initiatives to provide faster cleaner, and
safest transport system are key drivers to promote the growth of the global
rolling stock market. Numerous countries are more focused on the improvements
of the public transportation systems, especially the rail infrastructure.
Several countries are increasing their rail
infrastructure owing to the growing population and rapid urbanization.
Locomotives are being used to haul a myriad of goods like oil, agriculture
products, and construction equipment. Many industries like oil and gas,
manufacturing, automotive, and mining are benefiting from the cost benefits
offered by rolling stock. The high capacity, speed, and economy provided by the
rolling stock are majorly used in the goods transportations. The growing use of
rolling stocks in industrial applications has driven the demand for the rolling
stock. Furthermore, government initiatives to promote public transport as a
means of reducing traffic congestion and pollution is also strengthening the
global rolling stock market.
Stock Market: Product Analysis
Based on the product, the rolling stock market
categorized as Locomotives, Rapid Transit, and Wagon. Rapid Transit segment
holds the largest market share of the entire rolling stock market due to high
speed and better comfort provided by these vehicles. Moreover, the demand for
automated trains and magnetic levitation trains for public transportation is
expected to rise over the forecast period. The wagon segment is estimated to be
the largest market, in terms of value, in 2018, attributed to the growing
demand for dedicated freight corridor. Due to economical and reliable various
industries are adopting rail wagons for transportation of goods. Car carrier
wagons, flat wagons, hopper wagons, and tank wagons, among others, are the most
commonly used wagon types for transporting goods.
Stock Market: Type Analysis
The global rolling stock market has been segmented
based on type as Diesel and Electric-type. Diesel segment leads the overall
market. They are broadly used in industries like oil and gas, mining, and
manufacturing for transportation of goods due to their features such as
cost-effectiveness and high-torque engines. Electric vehicles are projected to
be the fastest-growing segment in the rolling stock market owing to benefits
like reduced pollution and enhanced efficiency of vehicles. Electric trains are
eco-friendly and emit 20%-30% less carbon monoxide as compared to diesel
trains. Rising awareness regarding environmental pollution is further
encouraging the use of electric vehicles for transportation.
Stock Market: Application Insights
Based on the application, the rolling stock market
segmented into Passenger Transportation and Freight. Rail freights are used for
transportation of goods and are a part of the logistics chain. In 2018, Freight
transportation dominated the application segment of the entire rolling stock
market. They have a wide range of applications in the automotive, oil and gas,
mining, and construction industries. Demand for passenger transportation has
been continuously growing globally. Additionally, passenger rails are mass
transit systems and hence, more cost-effective than roadways. Trams, metros,
and high-speed trains are the most preferred passenger rails, due to their
faster transportation service.
Stock Market: Regional Insights
Geographically, the rolling stock market is analyzed
across North America, Europe, Asia Pacific, Middle East & Africa, and Latin
America. The Asia Pacific is the dominating region of the rolling stock
industry due to the growing demand for passenger coaches and freight wagons for
new and existing rail lines across all regions. China is a pivotal contributor
to the growth of the market in the region. The growth of the regional market
attribute to large-scale adoption of rail vehicles for transporting passengers
and goods and rising investments in metro and electric trains in countries like
China, India, and Taiwan.
Objective of the
To analyze and forecast market size of the
global rolling stock market in terms of value.
· To examine the careful market
segmentation and forecast the market size, in terms value, on the
basis of region by segmenting rolling stock market
into five regions, namely, North America, Europe, Asia Pacific, , Middle
East & Africa, Latin America and their leading countries.
· To outline, categorized and
forecast the global rolling stock market on the basis of product, type, application
and locomotive technology.
To examine competitive
developments like technological advancement, services,
and regulative framework within the global rolling stock
To highlight the impact analysis of the factors, affecting
the market dynamics such as drivers, restraints, opportunities, and challenges.
To strategically profile the key players and comprehensively
analyze their market shares along with detailing the competitive landscape for
Global Rolling Stock
Market: Competitive Landscape
Companies such as
Dell CRRC, Bombardier, Alstom,
Siemens, Kawasaki Heavy Industries, General Electric, Transmashholding, Stadler, Construcciones Y Auxiliar De
Ferrocarriles (CAF), Hyundai Rotem, Mitsubishi Heavy Industries, Talgo,
Hitachi, ABB, Toshiba, Woojin Industrial Systems, Thales Group, American
Equipment Company, Chittaranjan Locomotive Works (CLW), and UGL are the leading
players of rolling stock market across the globe.
Key Target Audience:
Market research and
Global rolling stock manufacturers
organizations and consulting companies
associations and alliances related to rolling stock market
Traders, distributors, and suppliers of
Scope of the Report
By Locomotive Technology
In addition, the
report provides analysis of the rolling stock market with respect to the
following geographic segments and their high performing regions:
Rest of Europe
Rest of APAC
Rest of Latin
Rest of MEA
Business Questions answer by the report
How will the
market drivers, restraints and opportunities affect the market dynamics?
What will be the
market size in terms of value and volume and market statistics with detailed
dominates the market or region and one will be the fastest growing and why?
survey of the competitive landscape and the market participant players
strategy adopted by the key player and their impact on other players.
for the Client
satisfaction is our first and last priority. And that’s why BlueWeave
Consulting offers customization according to Company’s specific needs. The
following customization options are available for the report:
additional company detail analysis.