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Global Rolling Stock Market 2016-2020

About the global rolling stock market

Rolling stock refers to wheeled railway vehicles that move on tracks, including locomotives, passenger rail vehicles, and freight wagons. These vehicles can be self-propelled or propelled. Rolling stock products are capital-intensive and require huge investment and time to manufacture. An increase in investment in rail infrastructure projects by developing countries has propelled the demand for rolling stock and urban transit systems in the market. The growing urbanization in emerging economies has led to the development of the global rail market. Growing Asian economies are heavily investing in rail infrastructure projects. The same goes for the Middle East where Saudi Arabia, Qatar, Istanbul, Turkey, and Riyadh are making significant investments in light rail vehicle projects.

Technavio’s analysts forecast the global rolling stock market to grow at a CAGR of 3.28% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global rolling stock market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of rolling stock globally. The report does not include revenue generated from the aftermarket service of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • MEA
Technavio's report, Global Rolling Stock Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Alstom
  • Bombardier
  • CRRC
  • GE
  • Mitsubishi
  • Siemens
Other prominent vendors
  • AmstedMaxion
  • Astra Rail
  • Azovobshemash
  • Bharat Earth Movers Ltd. (BEML)
  • Bradken
  • Chittaranjan Locomotive Works (CLW)
  • CJSC Transmashholding
  • Construcciones Y Auxiliar De Ferrocarriles (CAF)
  • Cyient
  • DCD Rail
  • Diesel Locomotive Works (DLW)
  • Downer Rail
  • éolane
  • Faiveley Transport
  • FreightCar America
  • Hitachi
  • Hyundai Rotem
  • Integral Coach Factory
  • Japan Transport Engineering Company
  • JSC Dneprovagonmash
  • Kambarka Engineering Works
  • Kawasaki Heavy Industry
  • Kinki Sharyo
  • National Steel Car
  • Newag
  • Nippon Sharyo
  • OJSC Altaivagon
  • PESA Bydgoszcz
  • PKC Group
  • Progress Rail Services
  • Promtractor-Vagon CJSC
  • Rail Coach Factory (RCF)
  • SCG Solutions
  • Schweizerische Industrie Gesellschaft
  • Sinara Transport Machines
  • Skoda Transportation
  • Stadler Rail
  • Socofer
  • Talgo
  • Tatravagonka Poprad
  • Texmaco Rail and Engineering
  • The Greenbrier Companies
  • Trinity Industries
  • UGL Rail
  • Uralvagonzavod
  • Vossloh Group
  • Wabtec
Market driver
  • Growing high-speed rail (HSR) networks in developing nations
  • For a full, detailed list, view our report
Market challenge
  • High initial investment
  • For a full, detailed list, view our report
Market trend
  • Urbanization and increased mobility
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Rolling Stock Market 2016-2020

Technavio recognizes the following companies as the key players in the global rolling stock market: Alstom, Bombardier, CRRC, GE, Mitsubishi, and Siemens.

Other Prominent Vendors in the market are: AmstedMaxion, Astra Rail, Azovobshemash, Bharat Earth Movers Ltd. (BEML), Bradken, Chittaranjan Locomotive Works (CLW), CJSC Transmashholding, Construcciones Y Auxiliar De Ferrocarriles (CAF), Cyient, DCD Rail, Diesel Locomotive Works (DLW), Downer Rail, éolane, Faiveley Transport, FreightCar America, Hitachi, Hyundai Rotem, Integral Coach Factory, Japan Transport Engineering Company, JSC Dneprovagonmash, Kambarka Engineering Works, Kawasaki Heavy Industry, Kinki Sharyo, National Steel Car, Newag, Nippon Sharyo, OJSC Altaivagon, PESA Bydgoszcz, PKC Group, Progress Rail Services, Promtractor-Vagon CJSC, Rail Coach Factory (RCF), SCG Solutions, Schweizerische Industrie Gesellschaft, Sinara Transport Machines, Skoda Transportation, Stadler Rail, Socofer, Talgo, Tatravagonka Poprad, Texmaco Rail and Engineering, The Greenbrier Companies, Trinity Industries, UGL Rail, Uralvagonzavod, Vossloh Group, and Wabtec.

Commenting on the report, an analyst from Technavio’s team said: “Increased mobility and urbanization has surged the need for effective rail transit systems, primarily in developing countries. With the growing population moving toward urban areas, the demand for road transportation services has increased. The increase in demand for urban transport will lead to an increase in the number of rail passenger carriers such as trams, light rail, monorail, and commuter rail services, which will be fulfilled by an increase in production of these rolling stock components.”

According to the report, a key growth driver is the growing HSR (high-speed rail) networks in developing nations. The surge in urbanization and favor for public transportation services have led to rise in demand for high-speed rail transit systems in Asia and the Middle Eastern region. This has led many key vendors to set up their manufacturing base in these regions. Also, the governments in many developing countries are heavily investing in rail infrastructure related projects like electrifying of tracks, signaling, and urban transit systems. This has propelled the growth of the rolling stock of the

Further, the report states that the high initial investment acts as an entry barrier to the vendors in the market. The rolling stock market is capital-intensive in nature, as it involves a huge amount of cash inflow in the initial stage of production. Rolling stock is manufactured for particular projects (mostly PPP) for particular clients as per their requirements. These projects are made on a long-term contract, the payment for which is received after fulfillment of pre-stated targets

Companies Mentioned

Alstom, Bombardier, CRRC, GE, Mitsubishi, Siemens, AmstedMaxion, Astra Rail, Azovobshemash, Bharat Earth Movers Ltd. (BEML), Bradken, Chittaranjan Locomotive Works (CLW), CJSC Transmashholding, Construcciones Y Auxiliar De Ferrocarriles (CAF), Cyient, DCD Rail, Diesel Locomotive Works (DLW), Downer Rail, éolane, Faiveley Transport, FreightCar America, Hitachi, Hyundai Rotem, Integral Coach Factory, Japan Transport Engineering Company, JSC Dneprovagonmash, Kambarka Engineering Works, Kawasaki Heavy Industry, Kinki Sharyo, National Steel Car, Newag, Nippon Sharyo, OJSC Altaivagon, PESA Bydgoszcz, PKC Group, Progress Rail Services, Promtractor-Vagon CJSC, Rail Coach Factory (RCF), SCG Solutions, Schweizerische Industrie Gesellschaft, Sinara Transport Machines, Skoda Transportation, Stadler Rail, Socofer, Talgo, Tatravagonka Poprad, Texmaco Rail and Engineering, The Greenbrier Companies, Trinity Industries, UGL Rail, Uralvagonzavod, Vossloh Group, and Wabtec.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global rolling stock market landscape
    • Market size and forecast
      • Table Global rolling stock market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Segmentation of global rolling stock market by type
      • Table Market attractiveness by type
      • Table Segmentation of global rolling stock market by type 2015 and 2020 (revenue %)
      • Table Segmentation of global rolling stock market by type 2015-2020 (revenue %)
      • Table Segmentation of global rolling stock market by type 2015-2020 ($ billions)
    • Global rolling stock market by rapid transit vehicles
      • Table Global rolling stock market by rapid transit vehicles 2015-2020 ($ billions)
    • Global rolling stock market by railroad cars
      • Table Global rolling stock market by railroad transportation 2015-2020 ($ billions)
    • Global rolling stock market by locomotive
      • Table Global rolling stock market by locomotive 2015-2020 ($ billions)
  • Geographical segmentation
    • Global rolling stock market by geography 2015-2020
      • Table Five forces analyses by geography
      • Table Segmentation of global rolling stock market by geography 2015 and 2020 (revenue %)
      • Table Segmentation of global rolling stock market by geography 2015-2020 (revenue %)
      • Table Segmentation of global rolling stock market by geography 2015-2020 ($ billions)
    • Rolling stock market in Europe
      • Table Rolling stock market in Europe 2015-2020 ($ billions)
    • Rolling stock market in Americas
      • Table Rolling stock market in Americas 2015-2020 ($ billions)
    • Rolling stock market in APAC
      • Table Rolling stock market in APAC 2015-2020 ($ billions)
    • Rolling stock market in MEA
      • Table Rolling stock market in MEA 2015-2016 ($ billions)
  • Buying criteria
  • Market drivers
    • Table Major high-speed trains projects
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Key vendor analysis
      • Alstom
        • Table Alstom: Business segmentation by revenue 2015
        • Table Alstom: Geographical segmentation by revenue 2015
    • Bombardier
      • Table Bombardier: Business segmentation by revenue 2015
      • Table Bombardier: Geographical segmentation by revenue 2015
    • CRRC
      • Table CRRC: Business segmentation by revenue 2015
      • Table CRRC: Geographical segmentation by revenue 2015
      • Table CRRC: Product segmentation
    • GE Transportation
      • Table GE Transportation: Segmentation by revenue 2015
      • Table GE Transportation: Geographical segmentation by revenue 2015
    • Mitsubishi Electric
      • Table Mitsubishi Electric: Business segmentation by revenue 2016
      • Table Mitsubishi Electric: Geographical segmentation by revenue 2016
    • Siemens
      • Table Siemens: Business segmentation by revenue 2015
      • Table Siemens: Geographical segmentation by revenue 2015
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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