According to a market report by Lucintel, the future of the global rolling stock market looks promising with opportunities in the rail freight and rail passenger markets. The global rolling stock market is expected to reach an estimated $76.8 billion by 2030 from $58.0 billion in 2024, at a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are ongoing infrastructural development of railroads, expanding use of cutting-edge digital solutions among railways, and rising inclination towards railway travel.
A more than 150-page report to understand trends, opportunity and forecast in rolling stock market to 2030 by product (locomotive, rapid transport, and wagon), type (diesel and electric), train type (rail freight and rail passenger), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product category, wagon segment will remain the largest segment over the forecast period.
Within the rail type category, rail freight will remain a larger segment over the forecast period.
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In terms of regions, APAC will remain the largest region over the forecast period.
CRRC Corporation, Trinity Rail, Alstom Transport, GE Transportation, Siemens Mobility, Stadler Rail, Hitachi Rail System, The Greenbrier, Hyundai Rotem, Kawasaki Heavy Industries are the major suppliers in the rolling stock market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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