Global Rolling Stock Market Size & Outlook, 2025-2033
Global rolling stock market, 2021-2033 (US$M)
Related Markets
Global rolling stock market highlights
- The global rolling stock market generated a revenue of USD 67,115.5 million in 2024 and is expected to reach USD 123,007.2 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 7.2% by 2033.
- In terms of segment, wagons accounted for a revenue of USD 28,638.8 million in 2024.
- 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 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2033.
Global data book summary
| Market revenue in 2024 | USD 67,115.5 million |
| Market revenue in 2033 | USD 123,007.2 million |
| Growth rate | 7.2% (CAGR from 2025 to 2033) |
| Largest segment | Wagons |
| Fastest growing segment | Rapid Transit Vehicle |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Locomotives, Rapid Transit Vehicle, Wagons |
Other key industry trends
- In terms of revenue, the North America accounted for 17.0% of the global rolling stock market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2033.
- By country, India is the fastest growing regional market and is projected to reach USD 8,669.3 million by 2033.
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 |
|---|---|---|---|---|
| Hyundai Rotem | View profile | 1001-5000 | Uiwang, Kyonggi-do, South Korea, Asia | https://www.hyundai-rotem.co.kr |
| Trinity Industries Inc | View profile | 9480 | 14221 N. Dallas Parkway, Suite 1100, Dallas, TX, United States, 75254-2957 | https://www.trin.net |
| Greenbrier Companies Inc | View profile | 13800 | One Centerpoint Drive, Suite 200, Lake Oswego, OR, United States, 97035 | https://www.gbrx.com |
| Stadler Rail AG Registered Shares | View profile | 13944 | Ernst-Stadler-Strasse 1, Bussnang, Switzerland, 9565 | https://www.stadlerrail.com |
| Westinghouse Air Brake Technologies Corp | View profile | 1100 | 30 Isabella Street, Pittsburgh, PA, United States, 15212 | https://www.wabteccorp.com |
| CRRC Corp Ltd ADR | View profile | 154292 | No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, China, People's Republic of, 100036 | https://www.crrcgc.cc |
| Alstom SA | View profile | 84748 | 48, Rue Albert Dhalenne, Saint-Ouen-sur-Seine, Paris, France, 93400 | https://www.alstom.com |
| Kawasaki Heavy Industries Ltd | View profile | 38254 | Kobe Crystal Tower, 1-3, Higashikawasaki-cho 1-chome, Chuo-ku, Kobe, Japan, 650-8680 | http://www.khi.co.jp |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
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 42.67% in 2024. Horizon Databook has segmented the Global rolling stock market based on locomotives, rapid transit vehicle, wagons covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Rolling Stock Product Outlook (Revenue, USD Million, 2021-2033)
- Locomotives
- Rapid Transit Vehicle
- Wagons
- Global Rolling Stock Type Outlook (Revenue, USD Million, 2021-2033)
- Diesel
- Electric
- Global Rolling Stock Train Type Outlook (Revenue, USD Million, 2021-2033)
- Rail Freight
- Rail Passenger
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 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global rolling stock market size, by regions, 2021-2033 (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, 2024 (US$M)
Related 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
