Rolling Stock Market - Global Forecast to 2032
商品番号 : SMB-12823
| 出版社 | MarketsandMarkets |
| 出版年月 | 2025年10月 |
| ページ数 | 387 |
| 図表数 | 420 |
| 価格タイプ | シングルユーザライセンス |
| 価格 | USD 4,950 |
| 種別 | 英文調査報告書 |
鉄道車両市場 – コンポーネント、製品タイプ（機関車、高速輸送機関、客車）、機関車技術（従来型、ターボチャージャー付き、磁気浮上式）、用途（旅客輸送、貨物輸送）および地域別 – 2032年までの世界予測
鉄道車両市場は、2025年の309億4,000万米ドルから2032年には417億9,000万米ドルに拡大し、年平均成長率（CAGR）4.4%で成長すると予測されています。鉄道車両の需要は、主に新規鉄道プロジェクト、路線拡張、そして老朽化した車両の更新によって牽引されています。政府や企業は、列車の自律性を高め、人的介入と移動時間を削減することを目指しています。鉄道網の電化、拡張、近代化への投資増加は、新型鉄道車両のニーズを押し上げています。さらに、自律走行車、バッテリー駆動車、水素燃料電池機関車の開発は、業界関係者に新たな機会をもたらしています。
本レポートは、鉄道車両市場を、構成部品、製品タイプ（機関車、高速輸送、客車）、機関車技術（従来型、ターボチャージャー付き、磁気浮上式）、用途（旅客輸送、貨物輸送）、および地域の観点から網羅しています。また、鉄道車両市場エコシステムにおける主要プレーヤーの競争環境と企業プロフィールも網羅しています。 本調査には、主要市場プレーヤーの詳細な競合分析に加え、企業プロフィール、製品および事業内容に関する主要な考察、最近の動向、主要な市場戦略も含まれています。
レポートを購入する主なメリット:
- 鉄道車両市場全体とそのサブセグメントの収益数値の最も近い概算に関する情報を提供し、市場リーダー/新規参入企業に役立ちます。
- 関係者が競争環境を理解し、より多くの洞察を得るのに役立ち、ビジネスをより適切に位置付け、適切な市場参入戦略を計画できるようにします。
- 利害関係者が市場の動向を理解するのにも役立ち、主要な市場の推進要因、制約、課題、機会に関する情報も提供します。
Report Description
The rolling stock market is projected to grow from USD 30.94 billion in 2025 to USD 41.79 billion by 2032, at a CAGR of 4.4%. The demand for rolling stock is largely driven by new railway projects, rail line expansions, and the need to replace aging trains. Governments and companies aim to make trains more autonomous while reducing human involvement and travel time. Increased investment in electrifying, expanding, and modernizing rail networks is boosting the need for new rolling stock. Additionally, the development of autonomous, battery-powered, and hydrogen fuel cell locomotives is creating new opportunities for industry players.
Metro/Subways are expected to hold a significant market share of the rapid transit rolling stock market during the forecast period.
China, with the largest metro network in the world, is the biggest market for metro systems in terms of track length, supported by a substantial number of trains operating across its extensive rail network. Rapid urbanization and rising traffic congestion are driving the demand for efficient, high-capacity transit solutions such as metros and subways. Governments and private stakeholders are investing in expanding existing networks, developing new lines, and upgrading infrastructure to enhance passenger capacity and service reliability. These systems are increasingly recognized for their role in reducing urban traffic, lowering carbon emissions, and supporting economic growth, which sustains ongoing funding and development in the metro sector. Similarly, in India, expanding urban transit networks are driving metro growth. For instance, in June 2025, Alstom was awarded a USD 158 million (EUR 135 million) contract by Chennai Metro Rail Limited (CMRL) to design, manufacture, supply, test, and commission 96 Metropolis metro cars for Chennai Metro Phase II.
Coaches are expected to lead the passenger transportation rolling stock market during the forecast period.
Coaches are expected to lead the passenger transportation rolling stock market due to their versatility in meeting diverse travel needs, from short-distance commutes to long-distance journeys. The global focus on sustainable and cost-effective transportation further drives coach demand, as they are more energy-efficient than many alternative modes of travel. For instance, Indian Railways produced 4,601 coaches in 2024–2025. Advances in coach design now include enhanced safety features such as anti-collision technology, reinforced structures, fire detection and suppression systems, and improved emergency exits, while passenger comfort is elevated with ergonomically designed seating, climate control, noise reduction, Wi-Fi connectivity, and modern infotainment systems, ensuring a safer and more pleasant travel experience. The scalability of coach operations allows rail operators to adjust capacity according to demand, optimizing efficiency. Furthermore, the ongoing modernization of rail networks worldwide supports the expansion and upgrading of coach fleets to meet contemporary standards and passenger expectations. Aligned with this growth, in August 2024, the Massachusetts Bay Transportation Authority (MBTA) signed an option with Hyundai Rotem for an additional 41 double-deck commuter rail coaches.
“Europe is expected to hold a significant share of the rolling stock market during the forecast period.”
Europe is expected to hold a significant share of the rolling stock market due to its extensive, modernized, and highly electrified rail infrastructure. The European Union’s focus on sustainability and decarbonization has driven substantial investments in green rail technologies, including battery-electric and hydrogen-powered trains, supporting the EU’s goals to reduce carbon emissions and promote clean transportation. Countries such as Germany, France, and the UK are leading in the adoption of high-speed and regional trains, driven by passenger demand and environmental policies. Initiatives such as the European Green Deal and the Digital Rail Agenda have accelerated the modernization of rolling stock, emphasizing automation, digitalization, and cross-border interoperability. Europe’s strong manufacturing base, with key players such as Siemens Mobility, Alstom, and Stadler Rail, supports both domestic and export markets, reinforcing the region’s leadership in rolling stock production. The ongoing trends of urbanization and sustainable mobility further boost demand for efficient, eco-friendly rail transport. Reflecting this momentum, in June 2024, Alstom signed a USD 377.5 million (€323 million) contract with Polo Logistica FS to supply 70 Traxx Universal locomotives with maintenance services. The locomotives will be manufactured in Italy at Alstom’s Vado Ligure site, and maintenance services will be provided across the country. Similarly, in June 2025, Siemens Mobility received a major order from France’s Akiem for 50 Vectron Dual Mode locomotives, with the first units scheduled for delivery in the fourth quarter of 2026.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
- By Company Type: OEMs – 40%, Tier I – 41%, and Tier II – 19%
- By Designation: CXOs – 23%, Directors – 42%, and Others – 35%
- By Region: North America – 20%, Europe – 24%, Asia Oceania – 36%, MEA – 15%, and RoW – 5%
The rolling stock market is dominated by major players, including CRRC Corporation Limited (China), Siemens AG (Germany), Alstom SA (France), Stadler Rail AG (Switzerland), and Wabtec Corporation (US). These companies offer a wide range of products, including locomotives, passenger coaches, metro and light rail vehicles, freight wagons, and high-speed trains. They also provide comprehensive services such as maintenance, signaling and control systems, digital solutions, spare parts supply, and long-term service contracts, enabling operators to optimize fleet performance and operational efficiency.
Research Coverage:
The report covers the rolling stock market in terms of components, product type (locomotive, rapid transit, coach), locomotive technology (conventional, turbocharged, maglev), application (passenger transportation, freight transportation), and region. It also covers the competitive landscape and company profiles of the major players in the rolling stock market ecosystem.
The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
- The report will help market leaders/new entrants with information on the closest approximations of revenue numbers for the overall rolling stock market and its subsegments.
- This report will help stakeholders understand the competitive landscape and gain more insights, enabling them to better position their businesses and plan suitable go-to-market strategies.
- The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights into the following pointers:
- Analysis of key drivers (energy-efficient and sustainable transportation shift, traffic decongestion and network optimization, expansion of freight transport capacity, and expansion of railroad network and freight corridors) restraints (optimization of the existing fleet through refurbishment, and high capital intensity and investment barriers), opportunities (adoption of hydrogen fuel cell locomotives, rising rail demand from industrial and mining expansion, growing market for battery-operated trains, and leveraging big data and smart analytics in rail infrastructure), and challenges (rising overhaul and maintenance cost burden, and intensive R&D investment requirements).
- Product Development/Innovation: Detailed insights on upcoming technologies and research & development activities in the rolling stock market.
- Market Development: Comprehensive information about lucrative markets – the report analyzes the rolling stock market across varied regions.
- Market Diversification: Exhaustive information about untapped geographies, recent developments, and investments in the rolling stock market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players, such as CRRC Corporation Limited (China), Siemens AG (Germany), Alstom SA (France), Stadler Rail AG (Switzerland), and Wabtec Corporation (US), in the rolling stock market.
Table of Contents
1 INTRODUCTION 29
1.1 STUDY OBJECTIVES 29
1.2 MARKET DEFINITION 30
1.3 STUDY SCOPE 32
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 32
1.3.2 INCLUSIONS AND EXCLUSIONS 33
1.3.3 YEARS CONSIDERED 34
1.4 CURRENCY CONSIDERED 34
1.5 UNIT CONSIDERED 35
1.6 STAKEHOLDERS 35
1.7 SUMMARY OF CHANGES 36
2 RESEARCH METHODOLOGY 37
2.1 RESEARCH DATA 37
2.1.1 SECONDARY DATA 38
2.1.1.1 Secondary sources 39
2.1.1.2 Key data from secondary sources 40
2.1.2 PRIMARY DATA 40
2.1.2.1 Primary interviews: demand and supply sides 41
2.1.2.2 Primary participants 41
2.1.2.3 Breakdown of primary interviews 42
2.1.2.4 Insights from industry experts 42
2.2 MARKET SIZE ESTIMATION 43
2.2.1 BOTTOM-UP APPROACH 44
2.2.2 TOP-DOWN APPROACH 45
2.3 DATA TRIANGULATION 46
2.4 FACTOR ANALYSIS 48
2.5 RESEARCH ASSUMPTIONS 48
2.6 RESEARCH LIMITATIONS 49
2.7 RISK ASSESSMENT 50
3 EXECUTIVE SUMMARY 51
4 PREMIUM INSIGHTS 54
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ROLLING STOCK MARKET 54
4.2 ROLLING STOCK MARKET, BY PRODUCT TYPE 54
4.3 ROLLING STOCK MARKET, BY APPLICATION 55
4.4 ROLLING STOCK MARKET, BY LOCOMOTIVE TECHNOLOGY 55
4.5 ROLLING STOCK MARKET, BY REGION 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MARKET DYNAMICS 58
5.2.1 DRIVERS 58
5.2.1.1 Traffic decongestion and network optimization 58
5.2.1.2 Shift toward energy-efficient and sustainable transportation 59
5.2.1.3 Development of advanced rolling stock technologies to enhance passenger comfort 60
5.2.1.4 Advancements in rail network electrification 60
5.2.1.5 Expansion of freight transport capacity 61
5.2.2 RESTRAINTS 62
5.2.2.1 Optimization of existing fleet through refurbishment 62
5.2.2.2 High capital intensity and investment barriers 62
5.2.3 OPPORTUNITIES 63
5.2.3.1 Leveraging big data and smart analytics in rail infrastructure 63
5.2.3.2 Rising rail demand from industrial and mining sectors 63
5.2.3.3 Adoption of hydrogen fuel cell locomotives 64
5.2.3.4 Growing market for battery-operated trains 65
5.2.4 CHALLENGES 66
5.2.4.1 Rising overhaul and maintenance cost burden 66
5.2.4.2 Intensive R&D investment requirements 66
6 INDUSTRY TRENDS 68
6.1 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 68
6.2 PRICING ANALYSIS 69
6.2.1 INDICATIVE PRICING OF ROLLING STOCK OFFERED BY KEY PLAYERS 69
6.2.2 AVERAGE SELLING PRICE TREND, BY PRODUCT TYPE 70
6.2.3 AVERAGE SELLING PRICE TREND, BY REGION 71
6.3 ECOSYSTEM ANALYSIS 72
6.4 SUPPLY CHAIN ANALYSIS 74
6.4.1 RAW MATERIAL PROVIDERS AND COMPONENT SUPPLIERS 74
6.4.2 OEMS 74
6.4.3 OPERATORS AND END USERS 75
6.5 CASE STUDY ANALYSIS 75
6.5.1 MODERNIZATION OF ROLLING STOCK WITH STADLER RAIL’S FLIRT EMUS 75
6.5.2 CRRC SETS BENCHMARK FOR EXCAVATION OF BIG ANALOG DATA VALUE 75
6.5.3 GOLINC-M MODULES ENABLE RETROFITTING OF REMOTE CONDITION MONITORING 76
6.5.4 MONORAIL SYSTEMS REDUCE TRAFFIC CONGESTION IN KOREAN METROPOLIS 76
6.5.5 HYDROGEN TRAIN PROJECT HELPS SCOTTISH GOVERNMENT ACHIEVE NET ZERO TARGETS 77
6.5.6 FREIGHTLINER SHIFTS TOWARD NET ZERO WITH LOW-CARBON FUEL 77
6.6 PATENT ANALYSIS 78
6.7 TECHNOLOGY ANALYSIS 83
6.7.1 KEY TECHNOLOGIES 83
6.7.1.1 Regenerative braking 83
6.7.1.2 Autonomous trains 84
6.7.1.3 Tri-mode trains 85
6.7.1.4 Tilting trains 86
6.7.1.5 Digitalization 86
6.7.1.6 Internet of Trains 87
6.7.2 COMPLEMENTARY TECHNOLOGIES 88
6.7.2.1 Train control and management systems 88
6.7.2.2 Collision avoidance systems 89
6.7.2.3 Intelligent rail transit 89
6.7.3 ADJACENT TECHNOLOGIES 89
6.7.3.1 Big data analytics 89
6.7.3.2 Rail traffic management systems 90
6.7.3.3 Renewable energy systems 91
6.8 INVESTMENT AND FUNDING SCENARIO 92
6.9 FUNDING, BY APPLICATION 94
6.10 IMPACT OF AI/GEN AI 95
6.11 TRADE ANALYSIS 96
6.12 TARIFF AND REGULATORY LANDSCAPE 100
6.12.1 TARIFF ANALYSIS 101
6.12.1.1 US 101
6.12.1.2 Europe 101
6.12.1.3 India 103
6.12.1.4 South Korea 103
6.12.1.5 China 103
6.12.2 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 104
6.13 KEY CONFERENCES AND EVENTS 107
6.14 KEY STAKEHOLDERS AND BUYING CRITERIA 108
6.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 108
6.14.2 BUYING CRITERIA 109
6.15 STRATEGIC PATHWAYS FOR ALTERNATIVE PROPULSION SYSTEMS 110
6.15.1 TECHNOLOGY READINESS 110
6.15.1.1 Hydrogen fuel cells 110
6.15.1.2 Battery-electric 110
6.15.1.3 Hybrid/Alternative engines 110
6.15.1.4 Emerging options 110
6.15.2 POLICY AND INCENTIVE ALIGNMENT 111
6.15.2.1 Government strategies and targets 111
6.15.2.2 Funding and grants 111
6.15.2.3 Regulations and mandates 112
6.15.2.4 Regional Initiatives 112
6.15.3 SUPPLY CHAIN AND INFRASTRUCTURE 112
6.15.3.1 Manufacturing ecosystems 112
6.15.3.2 Fueling and charging infrastructure 113
6.15.3.3 Supplier networks 113
6.16 RAILWAY INFRASTRUCTURE MODERNIZATION STRATEGY 113
6.16.1 DIGITALIZATION AND IOT INTEGRATION 113
6.16.1.1 DB/Digital train control 113
6.16.1.2 Onboard diagnostics and telematics 114
6.16.2 ENERGY EFFICIENCY UPGRADES 114
6.16.3 CYBERSECURITY AND DATA STRATEGIES 115
6.16.4 EU CYBERSECURITY REGULATIONS 115
6.16.5 US CYBERSECURITY DIRECTIVES 115
6.16.6 DATA-CENTRIC INITIATIVES 115
6.17 IMPLEMENTATION FRAMEWORK FOR AUTONOMOUS TRAIN TECHNOLOGY 116
6.17.1 SAFETY AND REGULATORY COMPLIANCE 116
6.17.2 OPERATIONAL TRANSFORMATION STRATEGY 117
7 ROLLING STOCK MARKET, BY PRODUCT TYPE 118
7.1 INTRODUCTION 119
7.2 LOCOMOTIVES 121
7.2.1 DIESEL LOCOMOTIVES 123
7.2.1.1 Electrification of railway networks in Europe and Asia to impede market 123
7.2.2 ELECTRIC LOCOMOTIVES 125
7.2.2.1 Rapid electrification of rail networks to drive market 125
7.2.3 ELECTRO-DIESEL LOCOMOTIVES 127
7.2.3.1 Public and private sectors’ emphasis on sustainable practices to drive market 127
7.3 RAPID TRANSIT 129
7.3.1 DIESEL MULTIPLE UNITS 131
7.3.1.1 Electrification constraints in select regions to drive market 131
7.3.2 ELECTRIC MULTIPLE UNITS 133
7.3.2.1 Performance and efficiency advantages over diesel fueling to drive market 133
7.3.3 LIGHT RAILS/TRAMS 135
7.3.3.1 Push for alternatives to traditional buses and cars to drive market 135
7.3.4 SUBWAYS/METROS 136
7.3.4.1 Investments in urban transportation networks to drive market 136
7.3.5 MONORAILS 138
7.4 COACHES 139
7.4.1 DEMAND FOR ENHANCED RAIL TRAVEL EXPERIENCES TO DRIVE MARKET 139
7.5 WAGONS 140
7.5.1 NEED FOR HIGH-CAPACITY FREIGHT IN LOGISTICS AND MANUFACTURING TO DRIVE MARKET 140
7.6 OTHER PRODUCT TYPES 142
7.7 PRIMARY INSIGHTS 143
8 ROLLING STOCK MARKET, BY LOCOMOTIVE TECHNOLOGY 144
8.1 INTRODUCTION 145
8.2 CONVENTIONAL LOCOMOTIVES 147
8.2.1 IMPROVED PERFORMANCE WITH TECHNOLOGICAL INNOVATIONS TO DRIVE MARKET 147
8.3 TURBOCHARGED LOCOMOTIVES 149
8.3.1 COMPLIANCE WITH STRICT EMISSION REGULATIONS TO DRIVE MARKET 149
8.4 MAGLEV 151
8.4.1 ELECTROMAGNETIC SUSPENSION 152
8.4.2 ELECTRODYNAMIC SUSPENSION 153
8.4.3 INDUCTRACK 153
8.5 PRIMARY INSIGHTS 153
9 ROLLING STOCK MARKET, BY APPLICATION 154
9.1 INTRODUCTION 155
9.2 PASSENGER TRANSPORTATION 157
9.2.1 LOCOMOTIVES 159
9.2.1.1 Rising adoption of electric rail systems to drive market 159
9.2.2 COACHES 161
9.2.2.1 Integration of enhanced safety systems to drive market 161
9.3 FREIGHT TRANSPORTATION 162
9.3.1 LOCOMOTIVES 164
9.3.1.1 Efforts to lower operational expenses to drive market 164
9.3.2 WAGONS 166
9.3.2.1 Growing application in freight and logistics to drive market 166
9.4 PRIMARY INSIGHTS 167
10 ROLLING STOCK MARKET, BY COMPONENT 168
10.1 INTRODUCTION 168
10.2 TRAIN CONTROL SYSTEMS 168
10.3 PANTOGRAPHS 168
10.4 AXLES 169
10.5 WHEELSETS 170
10.6 TRACTION MOTORS 170
10.7 PASSENGER INFORMATION SYSTEMS 170
10.8 BRAKES 171
10.9 AIR CONDITIONING SYSTEMS 171
10.10 AUXILIARY POWER SYSTEMS 171
10.11 GEARBOXES 171
10.12 BAFFLE GEARS 172
10.13 COUPLERS 172
11 ROLLING STOCK MARKET, BY REGION 173
11.1 INTRODUCTION 174
11.2 ASIA OCEANIA 176
11.2.1 MACROECONOMIC OUTLOOK 177
11.2.2 RAPID TRANSIT PROJECTS 179
11.2.3 LIGHT RAIL PROJECTS 180
11.2.4 HIGH-SPEED RAIL/BULLET TRAIN PROJECTS 181
11.2.5 CHINA 183
11.2.5.1 Expansion of high-speed rail infrastructure to drive market 183
11.2.6 INDIA 187
11.2.6.1 Growth of electrified rail infrastructure to drive market 187
11.2.7 JAPAN 190
11.2.7.1 Strong presence of rail service providers to drive market 190
11.2.8 SOUTH KOREA 192
11.2.8.1 Government initiatives supporting public transportation to drive market 192
11.2.9 AUSTRALIA 195
11.2.10 MALAYSIA 195
11.3 EUROPE 195
11.3.1 MACROECONOMIC OUTLOOK 195
11.3.2 METRO/HIGH-SPEED RAILWAY PROJECTS 199
11.3.3 RAPID TRANSIT PROJECTS 199
11.3.4 GERMANY 202
11.3.4.1 Rising investments in railway infrastructure modernization to drive market 202
11.3.5 FRANCE 204
11.3.5.1 Government subsidies and incentives for sustainable transportation to drive market 204
11.3.6 UK 206
11.3.6.1 Ongoing upgrades of domestic rail networks to drive market 206
11.3.7 ITALY 208
11.3.7.1 Expanding railway networks to drive market 208
11.3.8 SPAIN 211
11.3.8.1 Modernization of mass rapid transit to drive market 211
11.3.9 SWITZERLAND 213
11.3.10 AUSTRIA 213
11.3.11 SWEDEN 213
11.4 NORTH AMERICA 213
11.4.1 MACROECONOMIC OUTLOOK 214
11.4.2 HIGH-SPEED RAIL/BULLET TRAIN PROJECTS 216
11.4.3 RAPID TRANSIT PROJECTS 216
11.4.4 US 218
11.4.4.1 Modernization of existing transportation modalities to drive market 218
11.4.5 MEXICO 221
11.4.5.1 Rail network expansion and modernization to drive market 221
11.4.6 CANADA 222
11.4.6.1 Elevated demand for passenger and freight transportation to drive market 222
11.5 MIDDLE EAST & AFRICA 225
11.5.1 MACROECONOMIC OUTLOOK 225
11.5.2 METRO/MONORAIL PROJECTS 227
11.5.3 RAPID TRANSIT PROJECTS 228
11.5.4 SOUTH AFRICA 230
11.5.4.1 Government investments in railway sector to drive market 230
11.5.5 UAE 233
11.5.5.1 Advances in rail infrastructure to drive market 233
11.5.6 EGYPT 235
11.5.6.1 Booming tourism industry to drive market 235
11.5.7 IRAN 237
11.6 REST OF THE WORLD 237
11.6.1 MACROECONOMIC OUTLOOK 237
11.6.2 METRO/MONORAIL PROJECTS 240
11.6.3 BRAZIL 242
11.6.3.1 Growing rail investments and modernization to drive market 242
11.6.4 RUSSIA 244
11.6.4.1 Expansion of metro and subway networks to drive market 244
11.6.5 ARGENTINA 247
12 COMPETITIVE LANDSCAPE 248
12.1 INTRODUCTION 248
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2025 248
12.3 MARKET SHARE ANALYSIS, 2024 250
12.4 REVENUE ANALYSIS, 2020–2024 253
12.5 COMPANY VALUATION AND FINANCIAL METRICS 254
12.6 BRAND/PRODUCT COMPARISON 255
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 256
12.7.1 STARS 256
12.7.2 EMERGING LEADERS 256
12.7.3 PERVASIVE PLAYERS 256
12.7.4 PARTICIPANTS 256
12.7.5 COMPANY FOOTPRINT 258
12.7.5.1 Company footprint 258
12.7.5.2 Region footprint 259
12.7.5.3 Application footprint 259
12.7.5.4 Product type footprint 260
12.7.5.5 Locomotive technology footprint 260
12.8 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024 261
12.8.1 PROGRESSIVE COMPANIES 261
12.8.2 RESPONSIVE COMPANIES 261
12.8.3 DYNAMIC COMPANIES 261
12.8.4 STARTING BLOCKS 261
12.8.5 COMPETITIVE BENCHMARKING 263
12.8.5.1 List of start-ups/SMEs 263
12.8.5.2 Competitive benchmarking of start-ups/SMEs 264
12.9 COMPETITIVE SCENARIO 265
12.9.1 PRODUCT LAUNCHES/DEVELOPMENTS 265
12.9.2 DEALS 266
12.9.3 EXPANSIONS 267
12.9.4 CONTRACTS 268
13 COMPANY PROFILES 271
13.1 KEY PLAYERS 271
13.1.1 CRRC CORPORATION LIMITED 271
13.1.1.1 Business overview 271
13.1.1.2 Products offered 272
13.1.1.3 Recent developments 274
13.1.1.3.1 Product launches/developments 274
13.1.1.3.2 Deals 278
13.1.1.3.3 Contracts 279
13.1.1.4 MnM view 281
13.1.1.4.1 Key strengths 281
13.1.1.4.2 Strategic choices 281
13.1.1.4.3 Weaknesses and competitive threats 281
13.1.2 SIEMENS AG 282
13.1.2.1 Business overview 282
13.1.2.2 Products offered 283
13.1.2.3 Recent developments 285
13.1.2.3.1 Product launches/developments 285
13.1.2.3.2 Deals 287
13.1.2.3.3 Expansions 288
13.1.2.3.4 Contracts 290
13.1.2.3.5 Other developments 295
13.1.2.4 MnM view 295
13.1.2.4.1 Key strengths 295
13.1.2.4.2 Strategic choices 295
13.1.2.4.3 Weaknesses and competitive threats 295
13.1.3 ALSTOM SA 296
13.1.3.1 Business overview 296
13.1.3.2 Products offered 298
13.1.3.3 Recent developments 299
13.1.3.3.1 Product launches/developments 299
13.1.3.3.2 Deals 300
13.1.3.3.3 Expansions 304
13.1.3.3.4 Contracts 305
13.1.3.4 MnM view 310
13.1.3.4.1 Key strengths 310
13.1.3.4.2 Strategic choices 310
13.1.3.4.3 Weaknesses and competitive threats 310
13.1.4 STADLER RAIL AG 311
13.1.4.1 Business overview 311
13.1.4.2 Products offered 313
13.1.4.3 Recent developments 315
13.1.4.3.1 Product launches/developments 315
13.1.4.3.2 Deals 316
13.1.4.3.3 Expansions 317
13.1.4.3.4 Contracts 317
13.1.4.3.5 Other developments 321
13.1.4.4 MnM view 322
13.1.4.4.1 Key strengths 322
13.1.4.4.2 Strategic choices 322
13.1.4.4.3 Weaknesses and competitive threats 322
13.1.5 WABTEC CORPORATION 323
13.1.5.1 Business overview 323
13.1.5.2 Products offered 324
13.1.5.3 Recent developments 326
13.1.5.3.1 Product launches/developments 326
13.1.5.3.2 Deals 327
13.1.5.3.3 Expansions 329
13.1.5.3.4 Contracts 330
13.1.5.4 MnM view 332
13.1.5.4.1 Key strengths 332
13.1.5.4.2 Strategic choices 332
13.1.5.4.3 Weaknesses and competitive threats 332
13.1.6 KAWASAKI HEAVY INDUSTRIES, LTD. 333
13.1.6.1 Business overview 333
13.1.6.2 Products offered 334
13.1.6.3 Recent developments 335
13.1.6.3.1 Product launches/developments 335
13.1.6.3.2 Contracts 336
13.1.7 CAF GROUP 337
13.1.7.1 Business overview 337
13.1.7.2 Products offered 338
13.1.7.3 Recent developments 339
13.1.7.3.1 Deals 339
13.1.7.3.2 Expansions 339
13.1.7.3.3 Contracts 340
13.1.8 HYUNDAI ROTEM COMPANY 343
13.1.8.1 Business overview 343
13.1.8.2 Products offered 344
13.1.8.3 Recent developments 344
13.1.8.3.1 Product launches/developments 344
13.1.8.3.2 Deals 345
13.1.8.3.3 Contracts 345
13.1.8.3.4 Other developments 347
13.1.9 MITSUBISHI HEAVY INDUSTRIES, LTD. 348
13.1.9.1 Business overview 348
13.1.9.2 Products offered 349
13.1.9.3 Recent developments 349
13.1.9.3.1 Deals 349
13.1.9.3.2 Expansions 349
13.1.9.3.3 Contracts 350
13.1.10 TALGO 351
13.1.10.1 Business overview 351
13.1.10.2 Products offered 352
13.1.10.3 Recent developments 353
13.1.10.3.1 Product launches/developments 353
13.1.10.3.2 Deals 353
13.1.10.3.3 Contracts 354
13.1.11 TRANSMASHHOLDING 355
13.1.11.1 Business overview 355
13.1.11.2 Products offered 355
13.1.11.3 Recent developments 357
13.1.11.3.1 Product launches/developments 357
13.1.11.3.2 Deals 357
13.1.11.3.3 Expansions 357
13.1.11.3.4 Contracts 358
13.1.12 TITAGARH RAIL SYSTEMS LIMITED 359
13.1.12.1 Business overview 359
13.1.12.2 Products offered 360
13.1.12.3 Recent developments 361
13.1.12.3.1 Product launches/developments 361
13.1.12.3.2 Deals 361
13.1.12.3.3 Contracts 362
13.2 OTHER PLAYERS 363
13.2.1 TOSHIBA CORPORATION 363
13.2.2 HITACHI RAIL LIMITED 364
13.2.3 STRUKTON 365
13.2.4 DEUTSCHE BAHN AG 366
13.2.5 BEML LIMITED 367
13.2.6 RAIL VIKAS NIGAM LIMITED 368
13.2.7 BRAITHWAITE & CO. (INDIA) LTD. 369
13.2.8 CHITTARANJAN LOCOMOTIVE WORKS 370
13.2.9 WJIS 371
13.2.10 RHOMBERG SERSA RAIL HOLDING GMBH 372
13.2.11 SINARA TRANSPORT MACHINES 373
13.2.12 TRINITY INDUSTRIES, INC. 374
13.2.13 THE GREENBRIER COMPANIES 375
13.2.14 DAWONSYS CO., LTD. 376
14 RECOMMENDATIONS BY MARKETSANDMARKETS 377
14.1 ASIA OCEANIA TO BE LEADING MARKET FOR ROLLING STOCK 377
14.2 ELEVATED DEMAND FOR WAGONS DUE TO RISE IN FREIGHT TRANSPORTATION 377
14.3 NEED FOR FAST URBAN TRANSPORTATION TO BOOST MARKET FOR SUBWAYS/METROS 378
14.4 CONCLUSION 378
15 APPENDIX 379
15.1 KEY INDUSTRY INSIGHTS 379
15.2 DISCUSSION GUIDE 379
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 383
15.4 CUSTOMIZATION OPTIONS 385
15.4.1 ADDITIONAL COMPANY PROFILES (UP TO FIVE) 385
15.4.2 ROLLING STOCK MARKET, BY TECHNOLOGY, AT COUNTRY LEVEL
(FOR COUNTRIES COVERED IN REPORT) 385
15.4.3 ROLLING STOCK MARKET, BY PRODUCT TYPE, AT COUNTRY LEVEL
(FOR COUNTRIES COVERED IN REPORT) 385
15.5 RELATED REPORTS 385
15.6 AUTHOR DETAILS 386
LIST OF TABLES
TABLE 1 MARKET DEFINITION, BY PRODUCT TYPE 30
TABLE 2 MARKET DEFINITION, BY LOCOMOTIVE TECHNOLOGY 31
TABLE 3 MARKET DEFINITION, BY APPLICATION 31
TABLE 4 CURRENCY EXCHANGE RATES 35
TABLE 5 MOST CONGESTED CITIES, 2024 59
TABLE 6 ROLLING STOCK MODERNIZATION INTERVALS, BY COMPONENT 62
TABLE 7 MINING PRODUCTION, BY COUNTRY, 2024 64
TABLE 8 IMPACT OF MARKET DYNAMICS 67
TABLE 9 INDICATIVE PRICING OF ROLLING STOCK OFFERED BY KEY PLAYERS,
2024 (USD THOUSAND) 69
TABLE 10 AVERAGE SELLING PRICE TREND, BY PRODUCT TYPE,
2022–2024 (USD THOUSAND) 70
TABLE 11 AVERAGE SELLING PRICE TREND, BY REGION, 2022–2024 (USD THOUSAND) 71
TABLE 12 ROLE OF COMPANIES IN ECOSYSTEM 73
TABLE 13 PATENT ANALYSIS 79
TABLE 14 AUTONOMOUS TRAIN TECHNOLOGIES AND ASSOCIATED BENEFITS 84
TABLE 15 LEVEL OF AUTONOMY FOR ROLLING STOCK 85
TABLE 16 LIST OF FUNDING, 2023–2024 93
TABLE 17 FUNDING, BY APPLICATION 94
TABLE 18 IMPORT DATA FOR HS CODE 8604-COMPLIANT PRODUCTS,
BY COUNTRY, 2021–2024 (USD MILLION) 96
TABLE 19 EXPORT DATA FOR HS CODE 8604-COMPLIANT PRODUCTS,
BY COUNTRY, 2021–2024 (USD MILLION) 97
TABLE 20 IMPORT DATA FOR HS CODE 8603-COMPLIANT PRODUCTS,
BY COUNTRY, 2021–2024 (USD MILLION) 98
TABLE 21 EXPORT DATA FOR HS CODE 8603-COMPLIANT PRODUCTS,
BY COUNTRY, 2021–2024 (USD MILLION) 99
TABLE 22 RAIL TRACTION ENGINE (STAGE III A) STANDARDS 102
TABLE 23 RAIL TRACTION ENGINE (STAGE III B) STANDARDS 102
TABLE 24 STANDARDS FOR DESIGN OF EQUIPMENT, SYSTEMS, AND SUBSYSTEMS 103
TABLE 25 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 104
TABLE 26 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 105
TABLE 27 ASIA OCEANIA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 106
TABLE 28 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 107
TABLE 29 KEY CONFERENCES AND EVENTS, 2025–2026 107
TABLE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
FOR TOP THREE PRODUCT TYPES (%) 108
TABLE 31 KEY BUYING CRITERIA FOR TOP THREE PRODUCT TYPES 109
TABLE 32 GLOBAL DEMONSTRATION AND DEPLOYMENT OF CLEAN RAIL TECHNOLOGIES 111
TABLE 33 IMPLEMENTATION OF AUTONOMOUS TRAIN PROJECTS
BY AUTOMATION LEVEL (GOA) 117
TABLE 34 ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 119
TABLE 35 ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 120
TABLE 36 ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 120
TABLE 37 ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 120
TABLE 38 ROLLING STOCK MODELS, BY COMPANY 121
TABLE 39 LOCOMOTIVES: ROLLING STOCK MARKET, BY TYPE, 2021–2024 (UNITS) 122
TABLE 40 LOCOMOTIVES: ROLLING STOCK MARKET, BY TYPE, 2025–2032 (UNITS) 122
TABLE 41 LOCOMOTIVES: ROLLING STOCK MARKET, BY TYPE, 2021–2024 (USD MILLION) 122
TABLE 42 LOCOMOTIVES: ROLLING STOCK MARKET, BY TYPE, 2025–2032 (USD MILLION) 123
TABLE 43 DIESEL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (UNITS) 123
TABLE 44 DIESEL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (UNITS) 124
TABLE 45 DIESEL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (USD MILLION) 124
TABLE 46 DIESEL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (USD MILLION) 124
TABLE 47 ELECTRIC LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (UNITS) 125
TABLE 48 ELECTRIC LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (UNITS) 125
TABLE 49 ELECTRIC LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (USD MILLION) 126
TABLE 50 ELECTRIC LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (USD MILLION) 126
TABLE 51 ELECTRO-DIESEL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (UNITS) 127
TABLE 52 ELECTRO-DIESEL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (UNITS) 127
TABLE 53 ELECTRO-DIESEL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (USD MILLION) 128
TABLE 54 ELECTRO-DIESEL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (USD MILLION) 128
TABLE 55 RAPID TRANSIT: ROLLING STOCK MARKET, BY TYPE, 2021–2024 (UNITS) 129
TABLE 56 RAPID TRANSIT: ROLLING STOCK MARKET, BY TYPE, 2025–2032 (UNITS) 130
TABLE 57 RAPID TRANSIT: ROLLING STOCK MARKET, BY TYPE, 2021–2024 (USD MILLION) 130
TABLE 58 RAPID TRANSIT: ROLLING STOCK MARKET, BY TYPE, 2025–2032 (USD MILLION) 130
TABLE 59 DIESEL MULTIPLE UNITS: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (UNITS) 131
TABLE 60 DIESEL MULTIPLE UNITS: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (UNITS) 131
TABLE 61 DIESEL MULTIPLE UNITS: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (USD MILLION) 132
TABLE 62 DIESEL MULTIPLE UNITS: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (USD MILLION) 132
TABLE 63 ELECTRIC MULTIPLE UNITS: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (UNITS) 133
TABLE 64 ELECTRIC MULTIPLE UNITS: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (UNITS) 133
TABLE 65 ELECTRIC MULTIPLE UNITS: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (USD MILLION) 134
TABLE 66 ELECTRIC MULTIPLE UNITS: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (USD MILLION) 134
TABLE 67 LIGHT RAILS/TRAMS: ROLLING STOCK MARKET, BY REGION, 2021–2024 (UNITS) 135
TABLE 68 LIGHT RAILS/TRAMS: ROLLING STOCK MARKET, BY REGION, 2025–2032 (UNITS) 135
TABLE 69 LIGHT RAILS/TRAMS: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (USD MILLION) 136
TABLE 70 LIGHT RAILS/TRAMS: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (USD MILLION) 136
TABLE 71 SUBWAYS/METROS: ROLLING STOCK MARKET, BY REGION, 2021–2024 (UNITS) 137
TABLE 72 SUBWAYS/METROS: ROLLING STOCK MARKET, BY REGION, 2025–2032 (UNITS) 137
TABLE 73 SUBWAYS/METROS: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (USD MILLION) 137
TABLE 74 SUBWAYS/METROS: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (USD MILLION) 138
TABLE 75 COACHES: ROLLING STOCK MARKET, BY REGION, 2021–2024 (UNITS) 139
TABLE 76 COACHES: ROLLING STOCK MARKET, BY REGION, 2025–2032 (UNITS) 139
TABLE 77 COACHES: ROLLING STOCK MARKET, BY REGION, 2021–2024 (USD MILLION) 140
TABLE 78 COACHES: ROLLING STOCK MARKET, BY REGION, 2025–2032 (USD MILLION) 140
TABLE 79 WAGONS: ROLLING STOCK MARKET, BY REGION, 2021–2024 (UNITS) 141
TABLE 80 WAGONS: ROLLING STOCK MARKET, BY REGION, 2025–2032 (UNITS) 141
TABLE 81 WAGONS: ROLLING STOCK MARKET, BY REGION, 2021–2024 (USD MILLION) 141
TABLE 82 WAGONS: ROLLING STOCK MARKET, BY REGION, 2025–2032 (USD MILLION) 142
TABLE 83 HIGH-SPEED ELECTRIC LOCOMOTIVE MODELS 145
TABLE 84 ROLLING STOCK MARKET, BY LOCOMOTIVE TECHNOLOGY, 2021–2024 (UNITS) 146
TABLE 85 ROLLING STOCK MARKET, BY LOCOMOTIVE TECHNOLOGY, 2025–2032 (UNITS) 146
TABLE 86 ROLLING STOCK MARKET, BY LOCOMOTIVE TECHNOLOGY,
2021–2024 (USD MILLION) 147
TABLE 87 ROLLING STOCK MARKET, BY LOCOMOTIVE TECHNOLOGY,
2025–2032 (USD MILLION) 147
TABLE 88 CONVENTIONAL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (UNITS) 148
TABLE 89 CONVENTIONAL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (UNITS) 148
TABLE 90 CONVENTIONAL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (USD MILLION) 148
TABLE 91 CONVENTIONAL LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (USD MILLION) 149
TABLE 92 TURBOCHARGED LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (UNITS) 150
TABLE 93 TURBOCHARGED LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (UNITS) 150
TABLE 94 TURBOCHARGED LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2021–2024 (USD MILLION) 150
TABLE 95 TURBOCHARGED LOCOMOTIVES: ROLLING STOCK MARKET,
BY REGION, 2025–2032 (USD MILLION) 151
TABLE 96 COMPARISON BETWEEN CONVENTIONAL HIGH-SPEED RAIL,
MAGLEV, AND HYPERLOOP 152
TABLE 97 EXISTING/UPCOMING HIGH-SPEED TRAIN MODELS 155
TABLE 98 ROLLING STOCK MARKET, BY APPLICATION, 2021–2024 (UNITS) 156
TABLE 99 ROLLING STOCK MARKET, BY APPLICATION, 2025–2032 (UNITS) 156
TABLE 100 ROLLING STOCK MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 156
TABLE 101 ROLLING STOCK MARKET, BY APPLICATION, 2025–2032 (USD MILLION) 157
TABLE 102 PASSENGER TRANSPORTATION: ROLLING STOCK MARKET,
BY TYPE, 2021–2024 (UNITS) 158
TABLE 103 PASSENGER TRANSPORTATION: ROLLING STOCK MARKET,
BY TYPE, 2025–2032 (UNITS) 158
TABLE 104 PASSENGER TRANSPORTATION: ROLLING STOCK MARKET,
BY TYPE, 2021–2024 (USD MILLION) 158
TABLE 105 PASSENGER TRANSPORTATION: ROLLING STOCK MARKET,
BY TYPE, 2025–2032 (USD MILLION) 159
TABLE 106 PASSENGER LOCOMOTIVE MARKET, BY REGION, 2021–2024 (UNITS) 159
TABLE 107 PASSENGER LOCOMOTIVE MARKET, BY REGION, 2025–2032 (UNITS) 160
TABLE 108 PASSENGER LOCOMOTIVE MARKET, BY REGION, 2021–2024 (USD MILLION) 160
TABLE 109 PASSENGER LOCOMOTIVE MARKET, BY REGION, 2025–2032 (USD MILLION) 160
TABLE 110 PASSENGER COACH MARKET, BY REGION, 2021–2024 (UNITS) 161
TABLE 111 PASSENGER COACH MARKET, BY REGION, 2025–2032 (UNITS) 161
TABLE 112 PASSENGER COACH MARKET, BY REGION, 2021–2024 (USD MILLION) 162
TABLE 113 PASSENGER COACH MARKET, BY REGION, 2025–2032 (USD MILLION) 162
TABLE 114 FREIGHT TRANSPORTATION: ROLLING STOCK MARKET,
BY TYPE, 2021–2024 (UNITS) 163
TABLE 115 FREIGHT TRANSPORTATION: ROLLING STOCK MARKET,
BY TYPE, 2025–2032 (UNITS) 163
TABLE 116 FREIGHT TRANSPORTATION: ROLLING STOCK MARKET,
BY TYPE, 2021–2024 (USD MILLION) 163
TABLE 117 FREIGHT TRANSPORTATION: ROLLING STOCK MARKET,
BY TYPE, 2025–2032 (USD MILLION) 164
TABLE 118 FREIGHT LOCOMOTIVE MARKET, BY REGION, 2021–2024 (UNITS) 164
TABLE 119 FREIGHT LOCOMOTIVE MARKET, BY REGION, 2025–2032 (UNITS) 165
TABLE 120 FREIGHT LOCOMOTIVE MARKET, BY REGION, 2021–2024 (USD MILLION) 165
TABLE 121 FREIGHT LOCOMOTIVE MARKET, BY REGION, 2025–2032 (USD MILLION) 165
TABLE 122 FREIGHT WAGON MARKET, BY REGION, 2021–2024 (UNITS) 166
TABLE 123 FREIGHT WAGON MARKET, BY REGION, 2025–2032 (UNITS) 166
TABLE 124 FREIGHT WAGON MARKET, BY REGION, 2021–2024 (USD MILLION) 167
TABLE 125 FREIGHT WAGON MARKET, BY REGION, 2025–2032 (USD MILLION) 167
TABLE 126 ROLLING STOCK MARKET, BY REGION, 2021–2024 (UNITS) 175
TABLE 127 ROLLING STOCK MARKET, BY REGION, 2025–2032 (UNITS) 175
TABLE 128 ROLLING STOCK MARKET, BY REGION, 2021–2024 (USD MILLION) 175
TABLE 129 ROLLING STOCK MARKET, BY REGION, 2025–2032 (USD MILLION) 176
TABLE 130 ASIA OCEANIA: PROPOSED RAPID TRANSIT PROJECTS 179
TABLE 131 ASIA OCEANIA: PROPOSED LIGHT RAIL PROJECTS 180
TABLE 132 ASIA OCEANIA: PROPOSED HIGH-SPEED RAIL/BULLET TRAIN PROJECTS 181
TABLE 133 ASIA OCEANIA: ROLLING STOCK MARKET, BY COUNTRY, 2021–2024 (UNITS) 182
TABLE 134 ASIA OCEANIA: ROLLING STOCK MARKET, BY COUNTRY, 2025–2032 (UNITS) 182
TABLE 135 ASIA OCEANIA: ROLLING STOCK MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 183
TABLE 136 ASIA OCEANIA: ROLLING STOCK MARKET, BY COUNTRY,
2025–2032 (USD MILLION) 183
TABLE 137 RAILWAY PROJECTS UNDER CHINA BELT 184
TABLE 138 CHINA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 185
TABLE 139 CHINA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 186
TABLE 140 CHINA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 186
TABLE 141 CHINA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 187
TABLE 142 INDIA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 188
TABLE 143 INDIA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 188
TABLE 144 INDIA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 189
TABLE 145 INDIA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 189
TABLE 146 JAPAN: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 190
TABLE 147 JAPAN: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 191
TABLE 148 JAPAN: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 191
TABLE 149 JAPAN: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 192
TABLE 150 SOUTH KOREA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 193
TABLE 151 SOUTH KOREA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 193
TABLE 152 SOUTH KOREA: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2021–2024 (USD MILLION) 194
TABLE 153 SOUTH KOREA: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2025–2032 (USD MILLION) 194
TABLE 154 EUROPE: PROPOSED METRO/HIGH-SPEED RAILWAY PROJECTS 199
TABLE 155 EUROPE: PROPOSED RAPID TRANSIT PROJECTS 199
TABLE 156 EUROPE: ROLLING STOCK MARKET, BY COUNTRY, 2021–2024 (UNITS) 200
TABLE 157 EUROPE: ROLLING STOCK MARKET, BY COUNTRY, 2025–2032 (UNITS) 201
TABLE 158 EUROPE: ROLLING STOCK MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 201
TABLE 159 EUROPE: ROLLING STOCK MARKET, BY COUNTRY, 2025–2032 (USD MILLION) 201
TABLE 160 GERMANY: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 202
TABLE 161 GERMANY: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 202
TABLE 162 GERMANY: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2021–2024 (USD MILLION) 203
TABLE 163 GERMANY: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2025–2032 (USD MILLION) 203
TABLE 164 FRANCE: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 204
TABLE 165 FRANCE: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 205
TABLE 166 FRANCE: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2021–2024 (USD MILLION) 205
TABLE 167 FRANCE: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2025–2032 (USD MILLION) 206
TABLE 168 UK: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 206
TABLE 169 UK: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 207
TABLE 170 UK: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 207
TABLE 171 UK: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 208
TABLE 172 ITALY: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 209
TABLE 173 ITALY: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 209
TABLE 174 ITALY: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 210
TABLE 175 ITALY: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 210
TABLE 176 SPAIN: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 211
TABLE 177 SPAIN: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 211
TABLE 178 SPAIN: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 212
TABLE 179 SPAIN: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 212
TABLE 180 NORTH AMERICA: PROPOSED HIGH-SPEED RAIL/BULLET TRAIN PROJECTS 216
TABLE 181 NORTH AMERICA: PROPOSED RAPID TRANSIT PROJECTS 216
TABLE 182 NORTH AMERICA: ROLLING STOCK MARKET, BY COUNTRY, 2021–2024 (UNITS) 217
TABLE 183 NORTH AMERICA: ROLLING STOCK MARKET, BY COUNTRY, 2025–2032 (UNITS) 217
TABLE 184 NORTH AMERICA: ROLLING STOCK MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 218
TABLE 185 NORTH AMERICA: ROLLING STOCK MARKET, BY COUNTRY,
2025–2032 (USD MILLION) 218
TABLE 186 US: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 219
TABLE 187 US: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 219
TABLE 188 US: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 220
TABLE 189 US: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 220
TABLE 190 MEXICO: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 221
TABLE 191 MEXICO: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 221
TABLE 192 MEXICO: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2021–2024 (USD MILLION) 222
TABLE 193 MEXICO: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2025–2032 (USD MILLION) 222
TABLE 194 CANADA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 223
TABLE 195 CANADA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 223
TABLE 196 CANADA: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2021–2024 (USD MILLION) 224
TABLE 197 CANADA: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2025–2032 (USD MILLION) 224
TABLE 198 MIDDLE EAST & AFRICA: PROPOSED METRO/MONORAIL PROJECTS 227
TABLE 199 MIDDLE EAST & AFRICA: PROPOSED RAPID TRANSIT PROJECTS 228
TABLE 200 MIDDLE EAST & AFRICA: ROLLING STOCK MARKET,
BY COUNTRY, 2021–2024 (UNITS) 229
TABLE 201 MIDDLE EAST & AFRICA: ROLLING STOCK MARKET,
BY COUNTRY, 2025–2032 (UNITS) 229
TABLE 202 MIDDLE EAST & AFRICA: ROLLING STOCK MARKET,
BY COUNTRY, 2021–2024 (USD MILLION) 230
TABLE 203 MIDDLE EAST & AFRICA: ROLLING STOCK MARKET,
BY COUNTRY, 2025–2032 (USD MILLION) 230
TABLE 204 SOUTH AFRICA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 231
TABLE 205 SOUTH AFRICA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 231
TABLE 206 SOUTH AFRICA: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2021–2024 (USD MILLION) 232
TABLE 207 SOUTH AFRICA: ROLLING STOCK MARKET, BY PRODUCT TYPE,
2025–2032 (USD MILLION) 232
TABLE 208 UAE: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 233
TABLE 209 UAE: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 233
TABLE 210 UAE: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 234
TABLE 211 UAE: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 234
TABLE 212 EGYPT: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 235
TABLE 213 EGYPT: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 235
TABLE 214 EGYPT: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 236
TABLE 215 EGYPT: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 236
TABLE 216 REST OF THE WORLD: PROPOSED METRO/MONORAIL PROJECTS 240
TABLE 217 REST OF THE WORLD: ROLLING STOCK MARKET, BY COUNTRY,
2021–2024 (UNITS) 240
TABLE 218 REST OF THE WORLD: ROLLING STOCK MARKET, BY COUNTRY,
2025–2032 (UNITS) 241
TABLE 219 REST OF THE WORLD: ROLLING STOCK MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 241
TABLE 220 REST OF THE WORLD: ROLLING STOCK MARKET, BY COUNTRY,
2025–2032 (USD MILLION) 241
TABLE 221 BRAZIL: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 242
TABLE 222 BRAZIL: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 243
TABLE 223 BRAZIL: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 243
TABLE 224 BRAZIL: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 244
TABLE 225 RUSSIA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (UNITS) 245
TABLE 226 RUSSIA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (UNITS) 245
TABLE 227 RUSSIA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION) 246
TABLE 228 RUSSIA: ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 246
TABLE 229 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2025 248
TABLE 230 ROLLING STOCK MARKET: DEGREE OF COMPETITION 250
TABLE 231 REGION FOOTPRINT 259
TABLE 232 APPLICATION FOOTPRINT 259
TABLE 233 PRODUCT TYPE FOOTPRINT 260
TABLE 234 LOCOMOTIVE TECHNOLOGY FOOTPRINT 260
TABLE 235 LIST OF START-UPS/SMES 263
TABLE 236 COMPETITIVE BENCHMARKING OF START-UPS/SMES 264
TABLE 237 ROLLING STOCK MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, 2022–2025 265
TABLE 238 ROLLING STOCK MARKET: DEALS, 2022–2025 266
TABLE 239 ROLLING STOCK MARKET: EXPANSIONS, 2022–2025 267
TABLE 240 ROLLING STOCK MARKET: CONTRACTS, 2022–2025 268
TABLE 241 CRRC CORPORATION LIMITED: COMPANY OVERVIEW 271
TABLE 242 CRRC CORPORATION LIMITED: PRODUCTS OFFERED 272
TABLE 243 CRRC CORPORATION LIMITED: PRODUCT LAUNCHES/DEVELOPMENTS 274
TABLE 244 CRRC CORPORATION LIMITED: DEALS 278
TABLE 245 CRRC CORPORATION LIMITED: CONTRACTS 279
TABLE 246 SIEMENS AG: COMPANY OVERVIEW 282
TABLE 247 SIEMENS AG: PRODUCTS OFFERED 283
TABLE 248 SIEMENS AG: PRODUCT LAUNCHES/DEVELOPMENTS 285
TABLE 249 SIEMENS AG: DEALS 287
TABLE 250 SIEMENS AG: EXPANSIONS 288
TABLE 251 SIEMENS AG: CONTRACTS 290
TABLE 252 SIEMENS AG: OTHER DEVELOPMENTS 295
TABLE 253 ALSTOM SA: COMPANY OVERVIEW 296
TABLE 254 ALSTOM SA: PRODUCTS OFFERED 298
TABLE 255 ALSTOM SA: PRODUCT LAUNCHES/DEVELOPMENTS 299
TABLE 256 ALSTOM SA: DEALS 300
TABLE 257 ALSTOM SA: EXPANSIONS 304
TABLE 258 ALSTOM SA: CONTRACTS 305
TABLE 259 STADLER RAIL AG: COMPANY OVERVIEW 311
TABLE 260 STADLER RAIL AG: PRODUCTS OFFERED 313
TABLE 261 STADLER RAIL AG: PRODUCT LAUNCHES/DEVELOPMENTS 315
TABLE 262 STADLER RAIL AG: DEALS 316
TABLE 263 STADLER RAIL AG: EXPANSIONS 317
TABLE 264 STADLER RAIL AG: CONTRACTS 317
TABLE 265 STADLER RAIL AG: OTHER DEVELOPMENTS 321
TABLE 266 WABTEC CORPORATION: COMPANY OVERVIEW 323
TABLE 267 WABTEC CORPORATION: PRODUCTS OFFERED 324
TABLE 268 WABTEC CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS 326
TABLE 269 WABTEC CORPORATION: DEALS 327
TABLE 270 WABTEC CORPORATION: EXPANSIONS 329
TABLE 271 WABTEC CORPORATION: CONTRACTS 330
TABLE 272 KAWASAKI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW 333
TABLE 273 KAWASAKI HEAVY INDUSTRIES, LTD.: PRODUCTS OFFERED 334
TABLE 274 KAWASAKI HEAVY INDUSTRIES, LTD.: PRODUCT LAUNCHES/DEVELOPMENTS 335
TABLE 275 KAWASAKI HEAVY INDUSTRIES, LTD.: CONTRACTS 336
TABLE 276 CAF GROUP: COMPANY OVERVIEW 337
TABLE 277 CAF GROUP: PRODUCTS OFFERED 338
TABLE 278 CAF GROUP: DEALS 339
TABLE 279 CAF GROUP: EXPANSIONS 339
TABLE 280 CAF GROUP: CONTRACTS 340
TABLE 281 HYUNDAI ROTEM COMPANY: COMPANY OVERVIEW 343
TABLE 282 HYUNDAI ROTEM COMPANY: PRODUCTS OFFERED 344
TABLE 283 HYUNDAI ROTEM COMPANY: PRODUCT LAUNCHES/DEVELOPMENTS 344
TABLE 284 HYUNDAI ROTEM COMPANY: DEALS 345
TABLE 285 HYUNDAI ROTEM COMPANY: CONTRACTS 345
TABLE 286 HYUNDAI ROTEM COMPANY: OTHER DEVELOPMENTS 347
TABLE 287 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW 348
TABLE 288 MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCTS OFFERED 349
TABLE 289 MITSUBISHI HEAVY INDUSTRIES, LTD.: DEALS 349
TABLE 290 MITSUBISHI HEAVY INDUSTRIES, LTD.: EXPANSIONS 349
TABLE 291 MITSUBISHI HEAVY INDUSTRIES, LTD.: CONTRACTS 350
TABLE 292 TALGO: COMPANY OVERVIEW 351
TABLE 293 TALGO: PRODUCTS OFFERED 352
TABLE 294 TALGO: PRODUCT LAUNCHES/DEVELOPMENTS 353
TABLE 295 TALGO: DEALS 353
TABLE 296 TALGO: CONTRACTS 354
TABLE 297 TRANSMASHHOLDING: COMPANY OVERVIEW 355
TABLE 298 TRANSMASHHOLDING: PRODUCTS OFFERED 355
TABLE 299 TRANSMASHHOLDING: PRODUCT LAUNCHES/DEVELOPMENTS 357
TABLE 300 TRANSMASHHOLDING: DEALS 357
TABLE 301 TRANSMASHHOLDING: EXPANSIONS 357
TABLE 302 TRANSMASHHOLDING: CONTRACTS 358
TABLE 303 TITAGARH RAIL SYSTEMS LIMITED: COMPANY OVERVIEW 359
TABLE 304 TITAGARH RAIL SYSTEMS LIMITED: PRODUCTS OFFERED 360
TABLE 305 TITAGARH RAIL SYSTEMS LIMITED: PRODUCT LAUNCHES/DEVELOPMENTS 361
TABLE 306 TITAGARH RAIL SYSTEMS LIMITED: DEALS 361
TABLE 307 TITAGARH RAIL SYSTEMS LIMITED: CONTRACTS 362
TABLE 308 TOSHIBA CORPORATION: COMPANY OVERVIEW 363
TABLE 309 HITACHI RAIL LIMITED: COMPANY OVERVIEW 364
TABLE 310 STRUKTON: COMPANY OVERVIEW 365
TABLE 311 DEUTSCHE BAHN AG: COMPANY OVERVIEW 366
TABLE 312 BEML LIMITED: COMPANY OVERVIEW 367
TABLE 313 RAIL VIKAS NIGAM LIMITED: COMPANY OVERVIEW 368
TABLE 314 BRAITHWAITE & CO. (INDIA) LTD.: COMPANY OVERVIEW 369
TABLE 315 CHITTARANJAN LOCOMOTIVE WORKS: COMPANY OVERVIEW 370
TABLE 316 WJIS: COMPANY OVERVIEW 371
TABLE 317 RHOMBERG SERSA RAIL HOLDING GMBH: COMPANY OVERVIEW 372
TABLE 318 SINARA TRANSPORT MACHINES: COMPANY OVERVIEW 373
TABLE 319 TRINITY INDUSTRIES, INC.: COMPANY OVERVIEW 374
TABLE 320 THE GREENBRIER COMPANIES: COMPANY OVERVIEW 375
TABLE 321 DAWONSYS CO., LTD.: COMPANY OVERVIEW 376
LIST OF FIGURES
FIGURE 1 ROLLING STOCK MARKET SEGMENTATION 32
FIGURE 2 RESEARCH DESIGN 37
FIGURE 3 RESEARCH DESIGN MODEL 38
FIGURE 4 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 43
FIGURE 5 BOTTOM-UP APPROACH 44
FIGURE 6 TOP-DOWN APPROACH 45
FIGURE 7 MARKET SIZE ESTIMATION NOTES 45
FIGURE 8 DATA TRIANGULATION 46
FIGURE 9 GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS 47
FIGURE 10 DEMAND- AND SUPPLY-SIDE FACTOR ANALYSIS 48
FIGURE 11 ROLLING STOCK MARKET OVERVIEW 51
FIGURE 12 ROLLING STOCK MARKET, BY REGION, 2025–2032 52
FIGURE 13 ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 53
FIGURE 14 RISING INVESTMENTS IN RAPID TRANSIT PROJECTS TO DRIVE MARKET 54
FIGURE 15 RAPID TRANSIT TO BE LARGEST SEGMENT DURING FORECAST PERIOD 54
FIGURE 16 FREIGHT TRANSPORTATION TO HOLD HIGHER SHARE THAN PASSENGER TRANSPORTATION DURING FORECAST PERIOD 55
FIGURE 17 CONVENTIONAL LOCOMOTIVES TO BE LARGER THAN TURBOCHARGED LOCOMOTIVES DURING FORECAST PERIOD 55
FIGURE 18 ASIA OCEANIA TO BE LEADING REGIONAL MARKET DURING FORECAST PERIOD 56
FIGURE 19 ROLLING STOCK MARKET DYNAMICS 58
FIGURE 20 GLOBAL CO2 EMISSIONS FROM DIFFERENT TRANSPORT SEGMENTS, 2019–2030 59
FIGURE 21 ENERGY DEMAND FROM RAILWAYS, BY COUNTRY, 2017–2050 61
FIGURE 22 FREIGHT LOADING IN INDIA, 2020–2024 61
FIGURE 23 PROTOTYPE OF HYDROGEN TRAIN 65
FIGURE 24 BENEFITS OF USING BATTERIES IN RAIL FOR MAXIMUM OPERATIONAL FLEXIBILITY 66
FIGURE 25 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 68
FIGURE 26 AVERAGE SELLING PRICE TREND, BY PRODUCT TYPE,
2022–2024 (USD THOUSAND) 70
FIGURE 27 AVERAGE SELLING PRICE TREND, BY REGION, 2022–2024 (USD THOUSAND) 71
FIGURE 28 ECOSYSTEM ANALYSIS 72
FIGURE 29 SUPPLY CHAIN ANALYSIS 74
FIGURE 30 PATENT ANALYSIS 78
FIGURE 31 LEGAL STATUS OF PATENTS, 2015–2024 79
FIGURE 32 REGENERATIVE BRAKING IN TRAINS 83
FIGURE 33 SPECIFICATIONS OF TRI-MODE BATTERY TRAINS 85
FIGURE 34 THALES RAILWAY DIGITALIZATION 87
FIGURE 35 TRAIN CONTROL AND MANAGEMENT SYSTEM 88
FIGURE 36 BIG DATA IN RAILWAY TRANSPORTATION 90
FIGURE 37 INVESTMENT AND FUNDING SCENARIO, 2022–2025 92
FIGURE 38 ADVANTAGES OF HARNESSING AI IN RAILWAY OPERATIONS 95
FIGURE 39 IMPORT DATA FOR HS CODE 8604-COMPLIANT PRODUCTS,
BY COUNTRY, 2021–2024 (USD MILLION) 97
FIGURE 40 EXPORT DATA FOR HS CODE 8604-COMPLIANT PRODUCTS,
BY COUNTRY, 2021–2024 (USD MILLION) 98
FIGURE 41 IMPORT DATA FOR HS CODE 8603-COMPLIANT PRODUCTS,
BY COUNTRY, 2021–2024 (USD MILLION) 99
FIGURE 42 EXPORT DATA FOR HS CODE 8603-COMPLIANT PRODUCTS,
BY COUNTRY, 2021–2024 (USD MILLION) 100
FIGURE 43 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
FOR TOP THREE PRODUCT TYPES 108
FIGURE 44 KEY BUYING CRITERIA FOR TOP THREE PRODUCT TYPES 109
FIGURE 45 ROLLING STOCK MARKET, BY PRODUCT TYPE, 2025–2032 (USD MILLION) 119
FIGURE 46 ELECTRIC LOCOMOTIVES TO BE DOMINANT DURING FORECAST PERIOD 122
FIGURE 47 ELECTRIC MULTIPLE UNITS TO BE DOMINANT DURING FORECAST PERIOD 129
FIGURE 48 ROLLING STOCK MARKET, BY LOCOMOTIVE TECHNOLOGY,
2025–2032 (USD MILLION) 146
FIGURE 49 ROLLING STOCK MARKET, BY APPLICATION, 2025–2032 (USD MILLION) 156
FIGURE 50 COACHES TO BE DOMINANT IN PASSENGER TRANSPORTATION SEGMENT DURING FORECAST PERIOD 158
FIGURE 51 WAGONS TO BE DOMINANT IN FREIGHT TRANSPORTATION SEGMENT DURING FORECAST PERIOD 163
FIGURE 52 ROLLING STOCK MARKET, BY REGION, 2025–2032 (USD MILLION) 174
FIGURE 53 ASIA OCEANIA: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026 177
FIGURE 54 ASIA OCEANIA: GDP PER CAPITA, BY COUNTRY, 2024–2026 178
FIGURE 55 ASIA OCEANIA: INFLATION RATE AVERAGE CONSUMER PRICES,
BY COUNTRY, 2024–2026 178
FIGURE 56 ASIA OCEANIA: MANUFACTURING INDUSTRY CONTRIBUTION TO GDP,
BY COUNTRY, 2024 179
FIGURE 57 ASIA OCEANIA: ROLLING STOCK MARKET SNAPSHOT 182
FIGURE 58 EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026 196
FIGURE 59 EUROPE: GDP PER CAPITA, BY COUNTRY, 2024–2026 197
FIGURE 60 EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES,
BY COUNTRY, 2024–2026 197
FIGURE 61 EUROPE: MANUFACTURING INDUSTRY CONTRIBUTION TO GDP, BY COUNTRY, 2024 197
FIGURE 62 EUROPE: ROLLING STOCK MARKET SNAPSHOT 200
FIGURE 63 NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026 214
FIGURE 64 NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2024–2026 215
FIGURE 65 NORTH AMERICA: CPI INFLATION RATE, BY COUNTRY, 2024–2026 215
FIGURE 66 NORTH AMERICA: MANUFACTURING INDUSTRY CONTRIBUTION TO GDP,
BY COUNTRY, 2024 215
FIGURE 67 NORTH AMERICA: ROLLING STOCK MARKET SNAPSHOT 217
FIGURE 68 MIDDLE EAST & AFRICA: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026 225
FIGURE 69 MIDDLE EAST & AFRICA: GDP PER CAPITA, BY COUNTRY, 2024–2026 226
FIGURE 70 MIDDLE EAST & AFRICA: CPI INFLATION RATE, BY COUNTRY, 2024–2026 226
FIGURE 71 MIDDLE EAST & AFRICA: MANUFACTURING INDUSTRY CONTRIBUTION
TO GDP, BY COUNTRY, 2024 227
FIGURE 72 MIDDLE EAST & AFRICA: ROLLING STOCK MARKET,
BY COUNTRY, 2025–2032 (USD MILLION) 229
FIGURE 73 REST OF THE WORLD: REAL GDP GROWTH RATE, 2024–2026 238
FIGURE 74 REST OF THE WORLD: GDP PER CAPITA, 2024–2026 238
FIGURE 75 REST OF THE WORLD: CPI INFLATION RATE, 2024–2026 239
FIGURE 76 REST OF THE WORLD: MANUFACTURING INDUSTRY CONTRIBUTION TO GDP,
BY COUNTRY, 2024 239
FIGURE 77 REST OF THE WORLD: ROLLING STOCK MARKET, BY COUNTRY,
2025–2032 (USD MILLION) 240
FIGURE 78 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024 251
FIGURE 79 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2024 253
FIGURE 80 COMPANY VALUATION (USD BILLION) 254
FIGURE 81 FINANCIAL METRICS (EV/EBITDA) 254
FIGURE 82 BRAND/PRODUCT COMPARISON 255
FIGURE 83 COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 257
FIGURE 84 COMPANY FOOTPRINT 258
FIGURE 85 COMPANY EVALUATION MATRIX (START-UPS/SMES), 2024 262
FIGURE 86 CRRC CORPORATION LIMITED: COMPANY SNAPSHOT 271
FIGURE 87 SIEMENS AG: COMPANY SNAPSHOT 283
FIGURE 88 ALSTOM SA: COMPANY SNAPSHOT 297
FIGURE 89 ALSTOM SA: NEW BUSINESS OPPORTUNITY SPACE 297
FIGURE 90 STADLER RAIL AG: COMPANY SNAPSHOT 312
FIGURE 91 STADLER RAIL AG: FUTURE STRATEGY OVERVIEW 312
FIGURE 92 WABTEC CORPORATION: COMPANY SNAPSHOT 323
FIGURE 93 WABTEC CORPORATION: NORTH AMERICAN LOCOMOTIVES MARKET SNAPSHOT 324
FIGURE 94 KAWASAKI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT 334
FIGURE 95 CAF GROUP: COMPANY SNAPSHOT 338
FIGURE 96 HYUNDAI ROTEM COMPANY: COMPANY SNAPSHOT 343
FIGURE 97 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT 348
FIGURE 98 TALGO: COMPANY SNAPSHOT 351
FIGURE 99 TITAGARH RAIL SYSTEMS LIMITED: COMPANY SNAPSHOT 359
MarketsandMarkets（マーケッツアンドマーケッツ）は世界中の企業に高い評価を得ており、著名メディアでの引用頻度も高い、インドの最大手級の市場調査会社です。広範な市場を対象にした市場調査レポートを出版しています。
※MarketsandMarketsの調査レポートはほぼ全タイトルご注文後、最短3時間～12時間以内（営業日基準）にご納品可能です。
ライセンス別価格表
調査会社の事情により予告なしに変更されることがございます。最新の状況およびその他のパターンについてはお問い合わせください。
ライセンスタイプ1
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD4,950 | USD6,650 | USD8,150 | USD10,000 |
ライセンスタイプ2
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD7,150 | USD8,500 | USD9,650 | USD11,000 |
ライセンスタイプ3
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD8,150 | お問合せください | お問合せください | お問合せください |
ライセンスタイプ4
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD9,000 | USD10,500 | USD12,000 | USD13,500 |
ミニレポート ※定性調査にフォーカスした調査レポートです。詳細はお問合せください。
| シングルユーザ | コーポレート |
| USD 2,650 | USD 4,250 |
ご購入に関するご案内
価格・納期について
- 価格
- ウェブサイトに記載の外貨（定価）を見積日のTTSレートで換算後消費税を加えた金額が弊社からの請求金額になります。見積金額はレート変動に関係なく見積書発行日より2週間有効です。手数料（ハンドリングチャージ）無料。
- ライセンス
- シングルユーザライセンス
- 1名のみレポートファイルのご利用が可能です。
- マルチユーザライセンス
- 同一企業内（関連会社除く）5名までレポートファイルのご利用が可能です。
- コーポレートライセンス
- 同一企業および100％持株会社間・人数無制限でレポートファイルのご利用が可能です。
- エンタープライズサイトライセンス
- 特別ライセンスです。適用範囲についてはお問合せください。
- シングルユーザライセンス
- 納品形態
- Eメール
- 納期
- 最短3時間以内にご納品可能です。通常ご注文後24時間以内（営業日基準）
ご注文方法
- レポートページ内のお問い合わせフォームより見積もりをご請求ください。確認次第見積書と発注書をお送りいたします。既に弊社の見積書をお持ちの場合にはEメールまたはFAXでご注文ください。
その他
- 商品の性質上、ご注文後のキャンセル/返品/交換はできません。ご了承ください。
株式会社SEMABIZはMarketsandMarketsの日本に拠点をおく販売代理店として、MarketsandMarketsのレポートを販売しております。サンプルページのご依頼、見積り、レポートに関するご質問など購入前のご相談はいつでもお気軽にご連絡ください。
最新調査レポート
- 自動車用アラミド繊維市場規模、シェア、動向、2030年までの世界予測 2025-12-15
- ポリヒドロキシアルカノエート (PHA) 市場規模、シェア、動向、2030年までの世界予測 2025-12-15
- 複合輸送市場規模、シェア、動向、2032年までの世界予測 2025-12-12
- 有機酸市場規模、シェア、動向、2030年までの世界予測 2025-12-11
- ハイブリッドボンディング市場規模、シェア、動向、2032年までの世界予測 2025-12-11