The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

A Flourishing Market Landscape

• The rolling stock market has exhibited robust growth in recent years.
• From $58.65 billion in 2023, it is projected to reach $62.67 billion in 2024, with a CAGR of 6.8%.
• Increased demand for mass and intermodal transportation fuels historic growth.

Anticipating Strong Growth

• Forecasted to hit $82.3 billion by 2028, boasting a CAGR of 7.1%.
• Factors driving growth include urbanization, population density, automation, and sustainable energy integration.
• Major trends include electrification, maglev technology adoption, and AI integration.

Energy-Efficient Transport Systems Lead the Way

• Energy-efficient transport systems drive market growth.
• Rolling stocks in trains reduce energy consumption, aligning with sustainability goals.
• Rising demand for such systems, like electric vehicles in India, fuels the market’s expansion.
• Key players include Alstom, Bombardier, CRRC Corporation, and Siemens.

Strategic Collaborations Drive Innovation

• Major players forge partnerships to enhance market position.
• Collaboration between AB SKF and Televic GSP aims to advance rolling stock reliability and reduce maintenance costs.
• Strategic alliances drive development and innovation in condition-based maintenance.

Alstom’s Acquisition of Bombardier: A Strategic Move

• Alstom’s acquisition of Bombardier Transportation in January 2021 reshapes the market.
• The acquisition aims to broaden product portfolios, enhance R&D capabilities, and expand commercial reach.
• Alstom strengthens its leadership in sustainable mobility, leveraging Bombardier’s assets and solutions.

Market Segmentation and Regional Dominance

• Segmented by product (Locomotive, Rapid Transit Vehicle, Wagon), locomotive technology, components, and end-users.
• Asia-Pacific led the market in 2023 and is expected to continue its rapid growth in the forecast period.

Conclusion: Driving Toward a Sustainable Future
The rolling stock market stands at the forefront of innovation, sustainability, and efficiency in transportation. As urbanization and population density rise, the demand for reliable and energy-efficient transport systems escalates. Strategic collaborations and acquisitions reshape market dynamics, fostering innovation and driving growth. With a focus on electrification, AI integration, and sustainable energy, the industry gears up for transformative change. As Asia-Pacific emerges as a key player, the global rolling stock market embarks on a journey toward a sustainable future.

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The Rolling Stock Global Market Report 2024  provides comprehensive insights on the rolling stock market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the rolling stock market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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