Global Rolling Stock Market Size & Outlook, 2023-2030
Global rolling stock market, 2018-2030 (US$M)
Related Markets
Global rolling stock market highlights
- The global rolling stock market generated a revenue of USD 64,100.7 million in 2023 and is expected to reach USD 96,581.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6% by 2030.
- In terms of segment, wagons accounted for a revenue of USD 21,859.1 million in 2023.
- Rapid Transit vehicle is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 64,100.7 million |
| Market revenue in 2030 | USD 96,581.1 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Wagons |
| Fastest growing segment | Rapid Transit vehicle |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Locomotive, Rapid Transit vehicle, Wagons |
Other key industry trends
- In terms of revenue, the North America accounted for 13.8% of the global rolling stock market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 2,268.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Rolling Stock Market Scope
Rolling Stock Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global rolling stock market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rolling stock market will help companies and investors design strategic landscapes.
Wagons was the largest segment with a revenue share of 34.1% in 2023. Horizon Databook has segmented the Global rolling stock market based on locomotive, rapid transit vehicle, wagons covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Rolling Stock Product Outlook (Revenue, USD Million, 2018-2030)
- Locomotive
- Rapid Transit vehicle
- Wagons
- Global Rolling Stock Type Outlook (Revenue, USD Million, 2018-2030)
- Diesel
- Electric
- Global Rolling Stock Train Type Outlook (Revenue, USD Million, 2018-2030)
- Rail Freight
- Passenger Rail
Reasons to subscribe to Global rolling stock market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global rolling stock market databook
-
Our clientele includes a mix of rolling stock market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global rolling stock market , including forecasts for subscribers. This global databook contains high-level insights into Global rolling stock market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global rolling stock market size, by regions, 2018-2030 (US$M)
Top 10 countries: Rolling stock market size, 2023 (US$M)
Global rolling stock market share, by product, 2023 & 2030 (%, US$M)
Rolling stock market: Opportunity assessment by country
Global rolling stock market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 8,251.3 | 8,392.3 | 8,413.8 | 8,492.3 | 8,667.2 | 8,877.3 | 9,130.4 | 9,432.8 | 9,775.9 | 10,168.1 | 10,615.5 | 11,125.0 | 11,705.3 | 4.0% |
| Europe | 12,348.5 | 12,689.6 | 12,672.5 | 12,785.4 | 13,142.4 | 13,604.7 | 14,169.8 | 14,834.0 | 15,581.0 | 16,432.9 | 17,404.3 | 18,512.6 | 19,778.6 | 5.5% |
| Asia Pacific | 24,390.4 | 25,263.1 | 25,158.9 | 25,375.1 | 26,437.0 | 27,653.0 | 29,047.2 | 30,670.3 | 32,498.5 | 34,588.8 | 36,983.6 | 39,734.4 | 42,903.1 | 6.5% |
| Latin America | 4,900.1 | 5,101.9 | 5,153.8 | 5,280.1 | 5,522.9 | 5,797.5 | 6,107.7 | 6,460.5 | 6,850.5 | 7,288.3 | 7,780.6 | 8,335.5 | 8,962.6 | 6.4% |
| MEA | 6,826.6 | 7,150.9 | 7,190.6 | 7,347.0 | 7,732.7 | 8,168.3 | 8,660.4 | 9,220.7 | 9,841.7 | 10,540.7 | 11,329.0 | 12,220.5 | 13,231.5 | 7.1% |
| Overall | 56,716.9 | 58,597.8 | 58,589.6 | 59,280.0 | 61,502.1 | 64,100.7 | 67,115.5 | 70,618.3 | 74,547.5 | 79,018.7 | 84,113.1 | 89,928.1 | 96,581.1 | 6.0% |
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
