Authored By: Sarah
16 Mar 2022

Rolling Stock Market in Europe Size to Grow by $ 2.34 Billion through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the rolling stock market in Europe and it is expected to grow by $ 2.34 billion, accelerating at a CAGR of almost 2.27% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


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Rolling Stock Market in Europe: Emerging Trends to Impact Market Growth

Many railway operators are planning to upgrade their railway infrastructure and equipment during the coming years. As a result, rolling stock manufacturers are also investing significantly in R&D activities to develop advanced vehicles so that they can meet the evolving needs of the railway industry. Such upgrades and modernization activities of the existing railway infrastructure are expected to play a positive role in the demand for rolling stock across the region. The upgrades and modernization activities related to railways include the electrification of tracks, the replacement of old rolling stock with new ones to improve efficiency and passenger comfort, and the introduction of autonomous vehicles or trains. 

Rolling Stock Market in Europe: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Alstom Holdings SA, Bombardier Inc., Construcciones y Auxiliar de Ferrocarriles SA, CRRC Corp. Ltd., Hitachi Ltd., Hyundai Motor Co., Siemens AG, SKODA TRANSPORTATION AS, Stadler Rail AG, and Talgo SA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.  For more insights into this market: Download a Free Sample Report

Browse through some of other related market research reports for more insights:

  • Railway Couplers Market: Technavio research projects the railway couplers market to grow by $ 193.82 million, accelerating at a CAGR of over 2% till 2025.
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  • Smart Railway Systems Market: Technavio’s Smart Railway Systems Market is set to grow by $ 16.32 billion, and the market will decelerate at a CAGR of almost 12.92% till 2025.
  • Rail Freight Transportation Market in APAC: The rail freight transportation market in APAC and it is expected to grow by $ 9.14 billion, accelerating at a CAGR of almost 2.87% during the forecast period.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of almost 2.27%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 2.34 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Introduction of new railway projects will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Western Europe and Eastern Europe are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    99% growth will originate from Western Europe

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Alstom Holdings SA, Bombardier Inc., Construcciones y Auxiliar de Ferrocarriles SA, CRRC Corp. Ltd., Hitachi Ltd., Hyundai Motor Co., Siemens AG, SKODA TRANSPORTATION AS, Stadler Rail AG, and Talgo SA

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Freight cars, Passenger transit vehicles, and Locomotives) and Geography (Western Europe and Eastern Europe)
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