What is the current Rolling Stock Market size?

The Rolling Stock Market is projected to register a CAGR of greater than 4.20% during the forecast period (2024-2029) Read More

Who are the key players in Rolling Stock Market?

CRRC Corporation Limited, Alstom SA, Siemens AG, Wabtec Corporation and Kawasaki Heavy Industries Ltd. are the major companies operating in the Rolling Stock Market. Read More

Which is the fastest growing region in Rolling Stock Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Rolling Stock Market?

In 2024, the Asia-Pacific accounts for the largest market share in Rolling Stock Market. Read More

What years does this Rolling Stock Market cover?

The report covers the Rolling Stock Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Rolling Stock Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the challenges faced by Rolling Stock manufacturers in emerging markets?

The challenges faced by Rolling Stock manufacturers in emerging markets are a) Issues like access to funding b) Skilled labor shortages c) Competing with established players in developed markets Read More

Rolling Stock Market Share

Statistics for the 2023 & 2024 Rolling Stock market share, created by Mordor Intelligence™ Industry Reports. Rolling Stock share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Rolling Stock Industry

The rolling stock market is consolidated, and some of the major players in the market are CRRC, Alstom SA, Siemens AG, Wabtec Corporation, and Hyundai Rotem. The companies are expanding their presence by acquiring other market participants, forming strategic alliances with other players in the market, and launching new and advanced rolling stocks. For instance,

In May 2020, CRRC Zhuzhou Locomotive, a subsidiary of China Railway Rolling Stock Corporation (CRRC), acquired Vossloh Group- a locomotive manufacturer in Europe. This will help CRRC to expand its business in the European rail market.
In February 2020, Alstom announced that it signed an MoU with Bombardier Inc. and Caisse de depot et placement du Quebec (CDPQ) for the acquisition of Bombardier Transportation. The price for the acquisition of all the Bombardier Transportation shares is around EUR 6 billion.
In January 2020, Stadler sealed a USD 349 million contract from Hungarian MAV-START, a state-owned passenger operator for 21 KISS electric multiple unit trains, and a USD 112 million maintenance contract from the US transit agency Dallas Area Rapid Transit (DART).