MarkNtel Advisors has just published a new research report titled "Rolling Stock Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios.
What insights and analysis does the report provide on the Rolling Stock market from 2023 to 2028?
The Global Rolling Stock Market is projected to grow at a CAGR of around 4.13% during the forecast period, i.e., 2023-28.
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Rolling Stock Market by Segments
By Product Type
- Locomotive
- Rapid Transit Vehicles
- Wagon
- Metros
- Trams
- Monorails
- Passenger Coaches
- Others (Hyperloop, Bullet Trains, etc.)
By Propulsion
- Diesel
- Electric
By End User
- Passenger Transit
- Cargo Train
A comprehensive report on the Rolling Stock Market is available now- https://www.marknteladvisors.com/research-library/rolling-stock-market.html
Rolling Stock Market Report Segment by Regions
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
What are the key driver in the global Rolling Stock Market?
Government Efforts toward Integrating Rapid Transit Networks to Reduce Traffic Congestion - Growing disposable incomes of people are leading to the ever-increasing demand for personal mobility and, consequently, rapidly rising road traffic worldwide. Moreover, the insufficient road network infrastructure in urban areas is another aspect leading to increasing road congestion & travel time. As a result, governments & urban planners are actively working on merging rapid transit networks & tramways with the existing city infrastructure. Moreover, the mounting inclination of commuters toward cost-effective, reliable, fast, yet eco-friendly means of transportation has bolstered the popularity of high-speed train networks. Hence, countries like Germany, France, & the UK are promoting the use of rapid transit systems to reduce traffic congestion, while India, China, Egypt, Brazil, & the Gulf nations are massively investing in the development of metros. Hence, these aspects are projected to drive the Global Rolling Stock Market during 2023-28.
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Who are the key players in the Rolling Stock Market?
- CAF (Construcciones Y Auxiliar De Ferrocarriles, S.A.)
- Hitachi, Ltd.
- Alstom
- CRRC Corporation Limited
- IHI Corporation
- Hyundai Corporation
- Kawasaki Heavy Industries, Ltd.
- Nippon Sharyo, Ltd.
- Mapna Group
- ŠKODA TRANSPORTATION a.s.
- Trinity Rail
- Siemens Mobility
- The Greenbrier Co.
- GE Transportation
- Wabtec Corporation
Questions Addressed in this Study
- What factors are driving the Rolling Stock Market growth?
- How is the Rolling Stock Market expected to grow over the next five years?
- What are the key insights into the current trends in the Rolling Stock Market?
- What is the current size of the Rolling Stock Market, and how is it projected to change in the future?
- What is the future outlook for the Rolling Stock Market in terms of technological advancements and market expansion?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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