Market Research Logo

Rolling Stock Market in Europe 2019-2023

Rolling Stock Market in Europe 2019-2023

About this market

Battery electric locomotive do not need to burn fossil fuels to generate power as it is run by inbuilt rechargeable batteries. This eliminates direct emissions, noise, exhaust gases and the need for fuel storage for these types of locomotives. Moreover, it does not require expensive ground rail or overhead catenary infrastructure like wireline traction systems. Advancements in battery technologies have allowed the development of battery electric locomotives for practical applications. Railcars fitted with high capacity lithium ion batteries are being developed for bimodal traction systems. These locomotives help in reducing infrastructure maintenance costs and saving energy and are particularly useful in non-electrified tracks. Thus, the development of battery electric locomotives is identified as a key trend that will drive growth of the railway stock market in Europe during the forecast period. Technavio’s analysts have predicted that the rolling stock market in Europe will register a CAGR of over 2% by 2023.

Market Overview

Introduction of new railway projects

Significant investments are being made to improve the domestic and international connectivity of several countries in Europe including Germany, France, and the UK. Railways are attracting the major part of these investments due to its cost effectiveness. Several new railway projects are under planning, construction and development stages in this region. China is also investing heavily to develop freight networks between several Asian and European countries as part of its Belt and Road initiative. Thus, the introduction of new railway projects will drive the demand for new locomotives and railroad vehicles which, in turn will boost market growth in Europe.

Delay in railway project development and execution

Railway projects require huge investments which puts pressure on the local or national economy. This leads to frequent delays in project implementation. Inflating funding requirements and uncertain economic environment are also the cause of delay in railway project implementation in some countries of Europe. This have resulted in high volatility in investments in the railway industry. Thus, the delays in railway project development and execution is hurting the growth prospects of railway stock market in Europe.

For the detailed list of factors that will drive and challenge the growth of the rolling stock market in Europe during 2019-2023, view our report.

Competitive Landscape

The market appears to be fairly concentrated and with the presence of companies such as Alstom, and Bombardier the competitive environment is intense. Factors such as the introduction of new railway projects, will provide considerable growth opportunities to rolling stock companies in Europe. Alstom, Bombardier, CAF, Siemens, and Stadler Rail are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Rolling Stock Market in Europe 2019-2023

Technavio recognizes the following companies as the key players in the rolling stock market in Europe: Alstom, Bombardier, CAF, Siemens, and Stadler Rail.

Commenting on the report, an analyst from Technavio’s team said: “Battery electric locomotives derive power from inbuilt rechargeable batteries and help in saving energy and reducing infrastructure maintenance cost. The development of these locomotives will drive the growth of railway stock market in Europe during the forecast period,”

According to the report, one of the major drivers for this market is the introduction of new railway projects to improve domestic and international connectivity of several countries in Europe. This will create a demand for new railway stock during the forecast period which, in turn will drive market growth.

Further, the report states that one of the major factors hindering the growth of this market is the delay in railway project implementation and execution. The volatile nature of investments in the railway industry is hampering the growth of the railway stock market in Europe.

Companies Mentioned

Alstom

Bombardier

CAF

Siemens

Stadler Rail

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global rolling stock market
      • Table Segments of global rolling stock market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Regional market: Size and forecast 2018-2023 (units)
      • Table Regional market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Freight cars - Market size and forecast 2018-2023
      • Table Freight cars - Market size and forecast 2018-2023 (units)
      • Table Freight cars - Year-over-year growth 2019-2023 (%)
    • Passenger transit vehicles - Market size and forecast 2018- 2023
      • Table Passenger transit vehicles - Market size and forecast 2018-2023 (units)
      • Table Passenger transit vehicles - Year-over-year growth 2019-2023 (%)
    • Locomotives - Market size and forecast 2018-2023
      • Table Locomotives - Market size and forecast 2018-2023 (units)
      • Table Locomotives - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Western Europe - Market size and forecast 2018-2023
      • Table Western Europe - Market size and forecast 2018-2023 (units)
      • Table Western Europe - Year-over-year growth 2019-2023 (%)
    • Eastern Europe - Market size and forecast 2018-2023
      • Table Eastern Europe - Market size and forecast 2018-2023 (units)
      • Table Eastern Europe - Year-over-year growth 2019-2023 (%)
    • Rest of Europe - Market size and forecast 2018-2023
      • Table Rest of Europe - Market size and forecast 2018-2023 (units)
      • Table Rest of Europe - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Alstom
      • Table Alstom - Vendor overview
      • Table Alstom - Business segments
      • Table Alstom - Organizational developments
      • Table Alstom - Geographic focus
      • Table Alstom - Segment focus
      • Table Alstom - Key offerings
    • Bombardier
      • Table Bombardier - Vendor overview
      • Table Bombardier - Business segments
      • Table Bombardier - Organizational developments
      • Table Bombardier - Geographic focus
      • Table Bombardier - Segment focus
      • Table Bombardier - Key offerings
    • CAF
      • Table CAF - Vendor overview
      • Table CAF - Business segments
      • Table CAF - Organizational developments
      • Table CAF - Geographic focus
      • Table CAF - Segment focus
      • Table CAF - Key offerings
    • Siemens
      • Table Siemens - Vendor overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
    • Stadler Rail
      • Table Stadler Rail - Vendor overview
      • Table Stadler Rail - Business segments
      • Table Stadler Rail - Organizational developments
      • Table Stadler Rail - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report