U.S. Rolling Stock Market Size & Outlook, 2023-2030

The rolling stock market in the United States is expected to reach a projected revenue of US$ 8,674.1 million by 2030. A compound annual growth rate of 3.8% is expected of the United States rolling stock market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,671.8
Forecast, 2030 (US$M)
$8,674.1
CAGR, 2024 - 2030
3.8%
Report Coverage
U.S.

U.S. rolling stock market highlights

  • The U.S. rolling stock market generated a revenue of USD 6,671.8 million in 2023 and is expected to reach USD 8,674.1 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
  • In terms of segment, wagons 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 2023USD 6,671.8 million
Market revenue in 2030USD 8,674.1 million
Growth rate3.8% (CAGR from 2023 to 2030)
Largest segmentWagons
Fastest growing segmentRapid Transit vehicle
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLocomotive, Rapid Transit vehicle, Wagons
Key market players worldwideAlstom 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, U.S. accounted for 10.4% 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 North America, U.S. rolling stock market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 1,358.3 million by 2030.

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Rolling Stock Market Scope

Rolling stock market segmentation & scope
Locomotive
Rapid Transit vehicle
Wagons
Diesel
Electric
Rail Freight
Passenger Rail

Rolling Stock Market Companies

Name Profile # Employees HQ Website

U.S. 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 65.26% in 2023. Horizon Databook has segmented the U.S. 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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. rolling stock market , including forecasts for subscribers. This country databook contains high-level insights into U.S. rolling stock market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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U.S. rolling stock market size, by product, 2018-2030 (US$M)

U.S. Rolling Stock Market Outlook Share, 2023 & 2030 (US$M)

U.S. rolling stock market size, by product, 2018-2030 (US$M)

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