Europe Rolling Stock Market Size & Outlook, 2023-2030
Europe rolling stock market, 2018-2030 (US$M)
Related Markets
Europe rolling stock market highlights
- The Europe rolling stock market generated a revenue of USD 13,604.7 million in 2023.
- The market is expected to grow at a CAGR of 5.5% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 13,604.7 million |
| Market revenue in 2030 | USD 19,778.6 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Rapid transit vehicle |
| 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 |
| 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, Europe region accounted for 21.2% of the global rolling stock market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 13,231.5 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 |
|---|
Europe 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 36.76% in 2023. Horizon Databook has segmented the Europe rolling stock market based on locomotive, rapid transit vehicle, wagons covering the revenue growth of each sub-segment from 2018 to 2030.
In Europe, partnerships between electronic components providers and system integrators to implement the latest WSN technologies on railway systems for the real time monitoring of vehicles. The EU legislation on passenger rights issued in December 2009 sets minimum quality standards that need to be adhered to.
This has opened opportunities to implement the latest technology in the locomotives. In Europe, government investments account for around 88% of the total investments done on procuring the rolling stock at present. However, private investments are expected to grow over the forecast period.
Germany is home to several major automobile players. All these automobile companies are leveraging the rolling stock to import raw material and export automobiles.
Reasons to subscribe to Europe 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 Europe 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 continent-level data and insights on the Europe rolling stock market , including forecasts for subscribers. This continent databook contains high-level insights into Europe rolling stock market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe rolling stock market size, by country, 2018-2030 (US$M)
Europe Rolling Stock Market Outlook Share, 2023 & 2030 (US$M)
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
