Market Overview:
The global rolling stock system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for passenger and freight transport across the globe. Additionally, the development of new railway lines and modernization of existing railway infrastructure are also contributing to the growth of this market. The global rolling stock system market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into propulsion systems, auxiliary power supply systems, air conditioning systems, train information systems, train safety systems, and other components. Propulsion systems accounted for a major share in 2017 owing to their growing demand in high-speed trains across different regions worldwide. Auxiliary power supplysystems are also anticipated to witness significant growth duringthe forecast period due to their increasing adoption in electric multiple units (EMUs)and light rail vehicles (LRVs).
Product Definition:
A rolling stock system is a type of railway that uses specially designed railroad cars or wagons to transport goods, materials, and passengers. These cars or wagons are usually connected to each other and to the locomotive or engine that powers them using couplings. Rolling stock systems are important because they allow for the transportation of large amounts of cargo over long distances with minimal effort.
Propulsion Systems:
Propulsion systems, it's usage.
The global propulsion systems, it's usage and growth factor in the rolling stock system market size was valued at USD 6.5 billion in 2015.
Auxiliary Power Supply Systems:
Auxiliary power supply systems are used to provide additional power to the rolling stock system in case of a railway accident, when primary power is lost or during any fault in the primary system. Auxiliary systems are essential for safe and reliable operation of rail vehicles. They help in increasing operational efficiency by providing an emergency backup source of energy if the main electrical supply fails due to loss of contact with the grid or stationery engine failure.
Application Insights:
Passenger transport application accounted for the largest revenue share in 2016 and is projected to continue leading over the forecast period. Increasing passenger traffic on account of growing population along with rapid urbanization is expected to drive demand. Furthermore, government initiatives such as Make in India are expected to boost industry growth over the coming years.
The freight transport application segment is projected to grow at a significant rate over the forecast period owing to increasing industrialization and infrastructure development in emerging economies including China, India and Brazil which has resulted in an increased requirement of rolling stock. Furthermore, technological advancements such as implementation of advanced train control systems are anticipated further augment market growth during future phases.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in rolling stock infrastructure and rising adoption of rail vehicles for intercity as well as metro services. Increasing number of metro projects in India, China, Japan, and Indonesia are also likely to boost demand for Rolling Stock System across Asia Pacific region.
Europe Rolling Stock System market was valued at USD X million in 2017 owing to high product utilization across major countries such as Germany (trainOSE), France (trainOSE), Italy (trainOSE), Spain (passenger cars) and U.K.
Growth Factors:
- Increasing demand for Rolling Stock System from the transportation sector as it helps in improving the efficiency of operations and reducing the cost of transportation.
- Rising demand for Rolling Stock System from the mining and construction sector owing to increasing infrastructural development activities across the globe.
- Growing adoption of Rolling Stock System by small-scale businesses due to its low cost and easy installation process.
- Increasing investments in research and development activities by leading players to develop advanced Rolling Stock Systems that offer better performance and efficiency.
- rising awareness about benefits of using Rolling Stock Systems among end-users, which is expected to fuel market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Rolling Stock System Market Research Report
By Type
Propulsion Systems, Auxiliary Power Supply Systems, Air Conditioning System, Train Information System, Train Safety System, Other
By Application
Passenger Transport, Freight Transport
By Companies
CRRC, Bombardier, Alstom, Siemens, Kawasaki Heavy Industries, Hitachi, Mitsubishi Heavy Industries, Talgo, General Electric, Hyundai Rotem, Construcciones Y Auxiliar De Ferrocarriles (CAF), Toshiba, Herrenknecht AG, Advantech, Bosch, LEONI, Fogtec, Strukton, SNC-Lavalin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Rolling Stock System Market Report Segments:
The global Rolling Stock System market is segmented on the basis of:
Types
Propulsion Systems, Auxiliary Power Supply Systems, Air Conditioning System, Train Information System, Train Safety System, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Transport, Freight Transport
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CRRC
- Bombardier
- Alstom
- Siemens
- Kawasaki Heavy Industries
- Hitachi
- Mitsubishi Heavy Industries
- Talgo
- General Electric
- Hyundai Rotem
- Construcciones Y Auxiliar De Ferrocarriles (CAF)
- Toshiba
- Herrenknecht AG
- Advantech
- Bosch
- LEONI
- Fogtec
- Strukton
- SNC-Lavalin
Highlights of The Rolling Stock System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Propulsion Systems
- Auxiliary Power Supply Systems
- Air Conditioning System
- Train Information System
- Train Safety System
- Other
- By Application:
- Passenger Transport
- Freight Transport
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rolling Stock System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Rolling Stock System is a railway system that uses rolling stock.
Some of the major companies in the rolling stock system market are CRRC, Bombardier, Alstom, Siemens, Kawasaki Heavy Industries, Hitachi, Mitsubishi Heavy Industries, Talgo, General Electric, Hyundai Rotem, Construcciones Y Auxiliar De Ferrocarriles (CAF), Toshiba, Herrenknecht AG, Advantech, Bosch, LEONI, Fogtec, Strukton, SNC-Lavalin.
The rolling stock system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rolling Stock System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rolling Stock System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rolling Stock System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rolling Stock System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rolling Stock System Market Size & Forecast, 2018-2028
4.5.1 Rolling Stock System Market Size and Y-o-Y Growth
4.5.2 Rolling Stock System Market Absolute $ Opportunity
Chapter 5 Global Rolling Stock System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Rolling Stock System Market Size Forecast by Type
5.2.1 Propulsion Systems
5.2.2 Auxiliary Power Supply Systems
5.2.3 Air Conditioning System
5.2.4 Train Information System
5.2.5 Train Safety System
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rolling Stock System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Rolling Stock System Market Size Forecast by Applications
6.2.1 Passenger Transport
6.2.2 Freight Transport
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rolling Stock System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rolling Stock System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Rolling Stock System Analysis and Forecast
9.1 Introduction
9.2 North America Rolling Stock System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Rolling Stock System Market Size Forecast by Type
9.6.1 Propulsion Systems
9.6.2 Auxiliary Power Supply Systems
9.6.3 Air Conditioning System
9.6.4 Train Information System
9.6.5 Train Safety System
9.6.6 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Rolling Stock System Market Size Forecast by Applications
9.10.1 Passenger Transport
9.10.2 Freight Transport
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Rolling Stock System Analysis and Forecast
10.1 Introduction
10.2 Europe Rolling Stock System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Rolling Stock System Market Size Forecast by Type
10.6.1 Propulsion Systems
10.6.2 Auxiliary Power Supply Systems
10.6.3 Air Conditioning System
10.6.4 Train Information System
10.6.5 Train Safety System
10.6.6 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Rolling Stock System Market Size Forecast by Applications
10.10.1 Passenger Transport
10.10.2 Freight Transport
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Rolling Stock System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rolling Stock System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Rolling Stock System Market Size Forecast by Type
11.6.1 Propulsion Systems
11.6.2 Auxiliary Power Supply Systems
11.6.3 Air Conditioning System
11.6.4 Train Information System
11.6.5 Train Safety System
11.6.6 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Rolling Stock System Market Size Forecast by Applications
11.10.1 Passenger Transport
11.10.2 Freight Transport
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Rolling Stock System Analysis and Forecast
12.1 Introduction
12.2 Latin America Rolling Stock System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Rolling Stock System Market Size Forecast by Type
12.6.1 Propulsion Systems
12.6.2 Auxiliary Power Supply Systems
12.6.3 Air Conditioning System
12.6.4 Train Information System
12.6.5 Train Safety System
12.6.6 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Rolling Stock System Market Size Forecast by Applications
12.10.1 Passenger Transport
12.10.2 Freight Transport
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Rolling Stock System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rolling Stock System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Rolling Stock System Market Size Forecast by Type
13.6.1 Propulsion Systems
13.6.2 Auxiliary Power Supply Systems
13.6.3 Air Conditioning System
13.6.4 Train Information System
13.6.5 Train Safety System
13.6.6 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Rolling Stock System Market Size Forecast by Applications
13.10.1 Passenger Transport
13.10.2 Freight Transport
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rolling Stock System Market: Competitive Dashboard
14.2 Global Rolling Stock System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CRRC
14.3.2 Bombardier
14.3.3 Alstom
14.3.4 Siemens
14.3.5 Kawasaki Heavy Industries
14.3.6 Hitachi
14.3.7 Mitsubishi Heavy Industries
14.3.8 Talgo
14.3.9 General Electric
14.3.10 Hyundai Rotem
14.3.11 Construcciones Y Auxiliar De Ferrocarriles (CAF)
14.3.12 Toshiba
14.3.13 Herrenknecht AG
14.3.14 Advantech
14.3.15 Bosch
14.3.16 LEONI
14.3.17 Fogtec
14.3.18 Strukton
14.3.19 SNC-Lavalin
