Top Companies in Rolling Stock Market by Size, Share, Historical and Future Data & CAGR | Report by Vantage Market Research
Rolling Stock Market is projected to reach a value of USD 92.4 billion by 2030 at a CAGR of 5.8% over the forecast period.
Vantage Market Research has recently published a new report on "Rolling Stock Market” Global Industry Assessment & Forecast to identify key trends and challenges. The report offers insights into the competitive landscape, prospects, and key investment considerations for businesses operating in Rolling Stock Market. The key statistics in the report highlight that the global Rolling Stock Market was valued at USD 62.3 billion in 2022 and is projected to reach a value of USD 92.4 billion by 2030 at a CAGR of 5.8% over the forecast period. The global Rolling Stock market will continue to expand due to increased demand from end users.
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The Global Rolling Stock market is dominated by well-known players like CRRC Corporation Limited (China), Trinity Rail (U.S.), Kawasaki Heavy Industries Ltd. (Japan), Chittaranjan Locomotive Works (India), Alstom Transport (France), GE Transportation (U.S.), Siemens Mobility (Germany), The Greenbrier Co. (Oregon), Hyundai Rotem (South Korea), Stadler Rail AG (Switzerland). Furthermore, businesses are investing in the creation of better services. They are also concentrating on keeping their prices reasonable.
Let’s Take a Look at the Top Market Players that are Captivating Rolling Stock Market
- CRRC Corporation Limited (China)
CRRC Corporation Limited is a Chinese state-owned and publicly traded largest supplier of railway transportation equipment in the world with complete product lines and leading technology. It was formed on 1 June 2015 through the merger of CNR and CSR. Its main activities include research and development, rolling stock design, production, repair, sales, rental and technical services, urban railway rolling stock, machine shops, all kinds of electrical equipment, electronic equipment and parts, electrical products and environmental protection equipment, such. Such as consulting services, industrial investment and management, investment management and import and export.
- Trinity Rail (U.S.)
TrinityRail is a leading rail car manufacturer in North America. With an emphasis on quality, craftsmanship and excellent customer service, along with a wide product range and manufacturing flexibility, this company also offers more than 100 models of train cars, often adapted to customer needs.
- Kawasaki Heavy Industries Ltd. (Japan)
Kawasaki is Japan's largest vehicle manufacturer. The company began operations in 1906. The company manufactures commuter trains, locomotives, subway cars, monorails and new transit systems. This industry is also involved in the development and design of high-speed trains, such as Shinkansen.
- Chittaranjan Locomotive Works (India)
Chittaranjan Locomotive Works (CLW), as it has been known for the last 73 years, is the world's leading manufacturer of railway locomotives and has been the flagship of Indian railways. Since its inception, the company has produced more than 11,000 locomotives of various classes, including;Since 1961 2,351 steam locomotives (1950-1968), 842 diesel locomotives (1968-1993) and 8,525 electric locomotives of various types. Approximately 90% of all electric locomotives used in IR come from CLW assembly lines.
- Alstom Transport, (France)
Alstom is a French multinational manufacturer of rolling stock active in the rail transport market worldwide. The company operates in the field of passenger transport, signalling and locomotives and manufactures high-speed, suburban, regional and city trains and trams. Alstom Transport operates in more than 60 countries, is the world leader in large and high-speed trains and is the only multi-experienced builder in the railway industry.
- GE Transportation, (U.S.)
GE Transportation is North America's largest producer of diesel-electric locomotives for freight and passenger transport, with a market share of as high as 70%. The company also manufactures related products such as railroad signalling equipment and parts for locomotives and rolling stock and provides repair services for GE and other locomotives. Current locomotives in high production are the GE Evolution series; a complete list is in the GE Locomotive Catalog.
- Siemens Mobility (Germany)
Siemens Mobility is a unit of Siemens. Siemens Mobility has its global headquarters in Munich and has four main business units: Mobility Management focuses on train technology and intelligent transport systems, rail electrification, rolling stock and customer service.
- The Greenbrier Co. (Oregon)
Greenbrier Companies is an American company headquartered in Lake Oswego, Oregon, United States. Greenbrier specialises in transportation services, particularly freight and freight car manufacturing, rail car refurbishment and rail car rental/management services. The company is one of the leading designers, manufacturers and dealers of rail freight equipment in North America and Europe.
- Hyundai Rotem (South Korea)
Notable projects include the delivery of most of South Korea's rolling stock, including Korail's KTX high-speed trains, electric motor vehicles (EMUs) and electric locomotives. Other South Korean products include rolling stock for the Seoul Metro, Seoul Metropolitan Rapid Transit, Busan Metro Lines and the Shinbundang Line. International products include Hong Kong MTR's K-Stock and R-Stock EMUs, Taiwan commuter EMUs, New Delhi metro trains and Canada Line automated trains in Vancouver, Canada. It delivered 120 Silverliner V commuter trains to SEPTA's regional railroad in the Philadelphia, Pennsylvania area and 66 Silverliner Vs to the Regional Transportation District (RTD) A-line.
- Stadler Rail AG (Switzerland)
Stadler Rail is a Swiss rolling stock manufacturer focusing on regional rail vehicles. It is one of the last producers of bogie railway rolling stock in Europe. Stadler Rail is headquartered in Bussnang, Switzerland.
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