Rolling Stock Market

Rolling stock are wheeled vehicles used by a railroad or motor carrier. In the rail transport industry, it refers to any vehicles that move on a railway. It usually includes both powered and unpowered vehicles, such as locomotives, railroad cars, coaches, and wagons. Rolling stock has a huge effect on the service level of the rail system, as its service level is directly proportional to the safety and comfort of the passengers.

The global rolling stock market is estimated to register 4.98% CAGR during the forecast period, 2019–2025. In 2018, the global market was led by Europe with a 35.89% share, followed by Asia-Pacific and North America with shares of 28.76% and 23.69%, respectively.

The global rolling stock market has been segmented based on product, type, train type, and region. On the basis of product, the wagon segment held the largest market share of 51.94% in 2018 and was valued at USD 30,791.25 million; it is projected to exhibit a CAGR of 4.83% during the forecast period. On the basis of type, the diesel segment held the largest market share of 57.21% in 2018 and was valued at USD 33,915.37 million; it is projected to exhibit a CAGR of 3.29% during the forecast period. On the basis of train type, the rail freight segment held the largest market share of 53.27% in 2018 and was valued at USD 31,582.62 million; it is projected to exhibit a CAGR of 4.77% during the forecast period.