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Europe Rolling Stock Freight Wagons Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Covered Wagons, Flat Wagons, Tank Wagons, Open-top Wagons, Hopper Wagons, and Special Wagons) and Material (Steel, Cast Iron, and Alloy)

  • ID: 5359904
  • Report
  • May 2021
  • Region: Europe
  • 161 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • CRRC Corporation Limited
  • NIK KIOLEIDES SA
  • Rail Cargo Group
  • RM Rail
  • Tatravagónka a.s. Poprad
  • Uralvagonzavod
According to the new research report titled “Europe Rolling Stock Freight Wagons Market Forecast to 2028 - COVID-19 Impact and Analysis,”, the market is expected to reach US$ 4,958.53 million by 2028, registering a CAGR of 5.5% from 2021 to 2028.



The rising adoption of rail freight transport by various industries is boosting the growth of the rolling stock freight wagons market in Europe. Rail freight transport is increasingly being seen as a viable and secure alternative to road freight transport, which is becoming increasingly costly and hampered by traffic jams. Rail is increasingly attracting shippers due to its performance, reliability, and new transportation concepts. One of the main benefits of rail freight is that only a few individuals are responsible for moving vast quantities of goods. For 40 to 60 trucks, only one locomotive driver is needed. With just a few individuals, large quantities of goods can be transported from point A to point B. Hence, shippers save a lot of money. The freight trains have ample freight capacity, and operating frequencies can be increased, if necessary. There are plenty of locomotives, staff, and wagons available. The terminal capacity is adequate. Additionally, RailGood's rail freight carriers, intermodal providers, and rail freight forwarders are ready to provide customers with appropriate transportation and logistics solutions. This is influencing the adoption of railways for the transportation of goods among several industries. For instance, Procter and Gamble (P&G) utilizes extensive railway services to distribute its products and procure raw material for its production across Europe. Thus, the high adoption of rail freight services by industries is influencing the growth the rolling stock freight wagon market across the region.

In the first half of 2021, European railway networks seem to be facing financial difficulties. The year began ominously, with COVID-related losses for passenger and freight services, obliterating any hope for recovery in the months ahead. In comparison to passenger traffic, rail freight had a relatively minor effect. According to the Community of European Railway (CER), freight operators lost between 3% and 32% of their revenue in 2020. However, during the COVID-19 pandemic, rail freight transportation proved to be resilient. Though planes were grounded around the world and some container ships were refused entry to ports, trains continued to run almost nonstop from China to Europe, carrying essential supplies at times. According to rail freight organizers, in the first half of 2020, 5,122 trains ran on the Silk Road linking China and the West. Rail freight, which is normally limited by price and delivery times, has become more flexible during the pandemic after governments in the Netherlands and France reduced track access tariffs.

Additionally, owing to the negative impact on other rail freight routes, the European governments announced relief aid schemes for freight wagon transport operators. For instance, Germany's single-wagon rail freight transport companies will be eligible for up to EUR 600 million in government funding. The scheme was authorized by the European Commission under EU State aid law. The scheme, which will run until November 30, 2025, will allow for the “modal shift” of freight traffic from road to rail, lowering the cost of single-wagon rail freight transport.

The outbreak of the COVID-19 and the travel restrictions imposed across Europe impacted the manufacturing of freight wagons, owing to supply chain disruption. However, the growing reliability on rail freight transport between countries such as China and Europe created the demand for Freight wagons. The above-mentioned government schemes to aid the COVID-19 impacted sectors, including rail freight transport, are expected to enhance the market growth in the near future

Key Findings of Study:
The Europe rolling stock freight wagons market is segmented on the bases of type, material, and country. Based on type, the market is segmented into covered wagons, flat wagons, tank wagons, open-top wagons, hopper wagons, and special wagons. The hopper wagons segment held the largest market share in 2020. Based on material, the rolling stock freight wagons market in Europe is segmented into steel, cast iron, and alloys. The alloys segment is projected to register the highest CAGR during the forecast period. By country, the market is broadly segmented into Germany, France, Italy, the UK, Russia, Switzerland, Sweden, Poland, Norway, and Rest of Europe. In 2020, Russia accounted for the significant share in the Europe market.

Several players operating in the Europe rolling stock freight wagons market adopt significant strategic initiatives. For instance, in March 2019, CRRC Yangtze entered into an agreement with Aurizon, which is an Australian railway logistics company, for supplying 264 narrow gauge coal hopper wagons.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • CRRC Corporation Limited
  • NIK KIOLEIDES SA
  • Rail Cargo Group
  • RM Rail
  • Tatravagónka a.s. Poprad
  • Uralvagonzavod
1. Introduction
1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Rolling Stock Freight Wagons Market - By Type
1.3.2 Europe Rolling Stock Freight Wagons Market - By Material
1.3.3 Europe Rolling Stock Freight Wagons Market- By Country

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Rolling Stock Freight Wagons Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. Europe Rolling Stock Freight Wagons - Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Government Initiatives to Promote Rail Transportation of Goods
5.1.2 Rising Adoption of Rail Freight Transport by Various Industries
5.2 Market Restraints
5.2.1 Drawbacks of Rail Transportation Related to International Trade
5.3 Market Opportunities
5.3.1 Integration of Technology
5.4 Future Trends
5.4.1 Rising Investments Across Europe to Build Efficient Railway System
5.5 Impact Analysis of Drivers and Restraints

6. Rolling Stock Freight Wagons Market - Europe Analysis
6.1 Europe Rolling Stock Freight Wagons Market Overview
6.2 Europe Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Five Key Players

7. Europe Rolling Stock Freight Wagons Market Analysis- By Type
7.1 Overview
7.2 Rolling Stock Freight Wagon Market Revenue Breakdown, by Type, 2020 and 2028
7.3 Covered Wagons
7.3.1 Overview
7.3.2 Covered Wagons: Rolling Stock Freight Wagon Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Flat Wagons
7.4.1 Overview
7.4.2 Flat Wagons Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
7.5 Tank Wagons
7.5.1 Overview
7.5.2 Tank Wagons Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
7.6 Open-top Wagons
7.6.1 Overview
7.6.2 Open-top Wagons Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million
7.7 Hopper Wagons
7.7.1 Overview
7.7.2 Hopper Wagons Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
7.8 Special Wagons
7.8.1 Overview
7.8.2 Special Wagons Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)

8. Rolling Stock Freight Wagon Market Analysis - By Material
8.1 Overview
8.2 Rolling Stock Freight Wagon Market Breakdown, by Material, 2020 & 2028
8.3 Steel
8.3.1 Overview
8.3.2 Steel Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
8.4 Cast Iron
8.4.1 Overview
8.4.2 Cast Iron Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
8.5 Alloy
8.5.1 Overview
8.5.2 Alloy Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)

9. Europe Rolling Stock Freight Wagons Market - Country Analysis
9.1 Europe: Rolling Stock Freight Wagons Market, By Country
9.1.1 Germany: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1 Germany: Rolling Stock Freight Wagons Market, By Type
9.1.1.2 Germany: Rolling Stock Freight Wagons Market, By Material
9.1.2 France: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.1 France: Rolling Stock Freight Wagons Market, By Type
9.1.2.2 France: Rolling Stock Freight Wagons Market, By Material
9.1.3 Italy: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
9.1.3.1 Italy: Rolling Stock Freight Wagons Market, By Type
9.1.3.2 Italy: Rolling Stock Freight Wagons Market, By Material
9.1.4 UK: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
9.1.4.1 UK: Rolling Stock Freight Wagons Market, By Type
9.1.4.2 UK: Rolling Stock Freight Wagons Market, By Material
9.1.5 Russia: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
9.1.5.1 Russia: Rolling Stock Freight Wagons Market, By Type
9.1.5.2 Russia: Rolling Stock Freight Wagons Market, By Material
9.1.6 Poland: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
9.1.6.1 Poland: Rolling Stock Freight Wagons Market, By Type
9.1.6.2 Poland: Rolling Stock Freight Wagons Market, By Material
9.1.7 Switzerland: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
9.1.7.1 Switzerland: Rolling Stock Freight Wagons Market, By Type
9.1.7.2 Switzerland: Rolling Stock Freight Wagons Market, By Material
9.1.8 Sweden: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
9.1.8.1 Sweden: Rolling Stock Freight Wagons Market, By Type
9.1.8.2 Sweden: Rolling Stock Freight Wagons Market, By Material
9.1.9 Norway: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
9.1.9.1 Norway: Rolling Stock Freight Wagons Market, By Type
9.1.9.2 Norway: Rolling Stock Freight Wagons Market, By Material
9.1.10 Rest of Europe: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
9.1.10.1 Rest of Europe: Rolling Stock Freight Wagons Market, By Type
9.1.10.2 Rest of Europe: Rolling Stock Freight Wagons Market, By Material

10. Rolling Stock Freight Wagons Market- COVID-19 Impact Analysis
10.1 Overview
10.2 Europe

11. Industry Landscape
11.1 Market Initiative
11.2 New Development

12. Company Profiles
12.1 Altaivagon Joint-Stock Company
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 CRRC Corporation Limited
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 ELH Waggonbau Niesky GmbH
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 NIK KIOLEIDES SA
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 NYMWAG CS a.s.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Rail Cargo Group
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 RM Rail
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 REWAG
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 S.C. AstraRail Industries S.A.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Skinest Grupp AS
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Tatravagónka a.s. Poprad
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 TMH International AG
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 UWC RPC PJSC
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
12.14 Uralvagonzavod
12.14.1 Key Facts
12.14.2 Business Description
12.14.3 Products and Services
12.14.4 Financial Overview
12.14.5 SWOT Analysis
12.14.6 Key Developments
12.15 VTG Aktiengesellschaft
12.15.1 Key Facts
12.15.2 Business Description
12.15.3 Products and Services
12.15.4 Financial Overview
12.15.5 SWOT Analysis
12.15.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Word Index

List of Tables
Table 1. Europe Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Rolling Stock Freight Wagons Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Rolling Stock Freight Wagons Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 4. France Rolling Stock Freight Wagons Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 5. France Rolling Stock Freight Wagons Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy Rolling Stock Freight Wagons Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy Rolling Stock Freight Wagons Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 8. UK Rolling Stock Freight Wagons Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 9. UK Rolling Stock Freight Wagons Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia Rolling Stock Freight Wagons Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia Rolling Stock Freight Wagons Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 12. Poland Rolling Stock Freight Wagons Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 13. Poland Rolling Stock Freight Wagons Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 14. Switzerland Rolling Stock Freight Wagons Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 15. Switzerland Rolling Stock Freight Wagons Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 16. Sweden Rolling Stock Freight Wagons Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 17. Sweden Rolling Stock Freight Wagons Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 18. Norway Rolling Stock Freight Wagons Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 19. Norway Rolling Stock Freight Wagons Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Europe Rolling Stock Freight Wagons Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of Europe Rolling Stock Freight Wagons Market, By Material- Revenue and Forecast to 2028 (US$ Million)

List of Figures

Figure 1. Europe Rolling Stock Freight Wagons Market Segmentation
Figure 2. Europe Rolling Stock Freight Wagons Market Segmentation - By Country
Figure 3. Europe Rolling Stock Freight Wagons Market Overview
Figure 4. Hopper Wagons held the Largest Share of Market in Europe
Figure 5. Steel held the Largest Share of Rolling Stock Freight Wagons Market in Europe
Figure 6. Russia held the Largest Share of Rolling Stock Freight Wagons Market in Europe
Figure 7. Europe: PEST Analysis
Figure 8. Rolling Stock Freight Wagons Market- Ecosystem Analysis
Figure 9. Expert Opinions
Figure 10. Rolling Stock Freight Wagons Market Impact Analysis of Drivers and Restraints
Figure 11. Europe Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Rolling Stock Freight Wagon Market Revenue Breakdown, by Type, 2020 & 2028 (%)
Figure 13. Covered Wagons Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Flat Wagons Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Tank Wagons Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Open-top Wagons Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Hopper Wagons Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Special Wagons Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Rolling Stock Freight Wagon Market Breakdown, by Material, 2020 & 2028 (%)
Figure 20. Steel Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Cast Iron Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Alloy Rolling Stock Freight Wagon Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Rolling Stock Freight Wagons Market Revenue Share, By Country (2020 and 2028)
Figure 24. Germany: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. France: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Italy: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. UK: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Russia: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Poland: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Switzerland: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Sweden: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Norway: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of Europe: Rolling Stock Freight Wagons Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in Europe Country Markets
Note: Product cover images may vary from those shown
  • Altaivagon Joint-Stock Company
  • CRRC Corporation Limited
  • ELH Waggonbau Niesky GmbH
  • NIK KIOLEIDES SA
  • NYMWAG CS a.s.
  • Rail Cargo Group
  • RM Rail
  • REWAG
  • S.C. AstraRail Industries S.A.
  • Skinest Grupp AS
  • Tatravagónka a.s. Poprad
  • TMH International AG
  • UWC RPC PJSC
  • Uralvagonzavod
  • VTG Aktiengesellschaft
Note: Product cover images may vary from those shown
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