China Rolling Stock Market Size & Outlook, 2023-2030
China rolling stock market, 2018-2030 (US$M)
Related Markets
China rolling stock market highlights
- The China rolling stock market generated a revenue of USD 17,552.8 million in 2023 and is expected to reach USD 26,577.6 million by 2030.
- The China market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, rapid transit vehicle was the largest revenue generating product in 2023.
- Rapid Transit vehicle is the most lucrative product segment registering the fastest growth during the forecast period.
Rolling stock market data book summary
| Market revenue in 2023 | USD 17,552.8 million |
| Market revenue in 2030 | USD 26,577.6 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Rapid transit vehicle |
| Fastest growing segment | Rapid Transit vehicle |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Locomotive, Rapid Transit vehicle, Wagons |
| Key market players worldwide | Alstom SA, CRRC Corp Ltd ADR, Westinghouse Air Brake Technologies Corp, Hitachi Ltd, Kawasaki Heavy Industries Ltd, Siemens AG, Stadler Rail AG Registered Shares, Greenbrier Companies Inc, Trinity Industries Inc, Hyundai Rotem |
Other key industry trends
- In terms of revenue, China accounted for 27.4% of the global rolling stock market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China rolling stock market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,814.6 million by 2030.
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Rolling Stock Market Scope
Rolling Stock Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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.
Rapid transit vehicle was the largest segment with a revenue share of 44.69% in 2023. Horizon Databook has segmented the China rolling stock market based on locomotive, rapid transit vehicle, wagons covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of China rolling stock market databook
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Our clientele includes a mix of rolling stock market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the China rolling stock market , including forecasts for subscribers. This country databook contains high-level insights into China rolling stock market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China rolling stock market size, by product, 2018-2030 (US$M)
China Rolling Stock Market Outlook Share, 2023 & 2030 (US$M)
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