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Rolling Stock Management Market Size and Forecasts 2020-2030, Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Management Type and Maintenance Service

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    Report

  • 180 Pages
  • September 2023
  • Region: Global
  • The Insight Partners
  • ID: 5892923
Description Jump to:
The rolling stock management market was valued at US$ 48,571.46 million in 2022 and is expected to reach US$ 68,761.96 million by 2030; it is estimated to record a CAGR of 6.0% from 2022 to 2030.

Rolling stock refers to railway vehicles that include both powered and unpowered vehicles. It is referred to any railway vehicle that can move on the rail tracks. The rolling stock’s maintenance, information tracking, and management are the key features of the rolling stock management system. The rolling stock management market is categorized into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).

The global rolling stock management market growth is attributed to increased passenger traffic and a rise in rail stations. Most conventional rail networks are in North America, Europe, and APAC. According to the Federal Transit Administration data in 2019, these regions account for ~90% of global passenger movements on a conventional rail, with India leading at 39%, followed by China at 27%, Japan at 11%, and the European Union at 9%. The growing number of infrastructures and passengers is boosting the need to procure these rolling stocks to cater to the demand for increased maintenance services. Thus, the rise in the number of rail stations is boosting the demand for rolling stock management services for efficiency, reliability, and safety between the railways and stations, fueling the rolling stock management market during the forecast period.

North America has an extensive rail infrastructure network that supports freight and passenger transportation. This includes tracks, terminals, trains, stations, and bridges. Rail infrastructure investments are made to maintain and expand the network's capacity, improve safety, and support efficient operations. Hence, the rise in the construction of railway infrastructure, including new rails, routes, and stations, is likely to generate demand for rolling stock maintenance services, which is expected to boost the market growth during the forecast period. For instance, the government of Mexico announced its plan to construct 11 train routes by 2050, and the first launch will be in 2023. Furthermore, rolling stock maintenance services provide efficiency, reliability, and safety among the newly launched routes as well as stations and trains.

APAC has the most populated countries, such as China, India, and Japan. The market is driven by the rising fleet size of railways, growing number of rail stations, and high passenger traffic in the region. India has a large rail network. Indian railways carried ~8.4 billion passengers across its vast network in 2020. In March 2023, the Central Railway of India announced its plan to open six new railway stations in India. The railways need new stations to manage the increased passenger traffic. With the increase in passenger traffic and fleet size, the need for maintenance and repair services is also growing rapidly in the region.

Based on management type, the rolling stock management market is bifurcated into rail management and infrastructure management. Based on maintenance service, the rolling stock management market is categorized into corrective maintenance, preventive maintenance, and predictive maintenance. Geographically, the rolling stock management market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and South America.

Alstom SA, Hitachi Rail Ltd, ABB Ltd, Mitsubishi Electric Corp, Siemens Mobility GmbH, Talgo SA, Thales SA, Toshiba Infrastructure Systems and Solutions Corp, Trimble Inc, and LocoTech LLC are among the key players in the rolling stock management market size that were profiled in this rolling stock management market study. In addition to these players, other leading global and regional players, emerging companies, and niche market players were studied and analyzed during the study.

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the rolling stock management market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the rolling stock management market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Rolling Stock Management Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia-Pacific
4.2.4 Middle East and Africa
4.2.4 South America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Rolling Stock Management Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Expansion of Rail Industry
5.1.2 Rising Safety and Security Concerns Regarding Rail Infrastructure
5.2 Market Restraints
5.2.1 Limited Use of Rolling Stock for Transportation
5.3 Market Opportunities
5.3.1 Integration of 5G and IoT in Rolling Stock Management System
5.4 Future Trends
5.4.1 Use of Robotics in Rolling Stock Management
5.5 Impact Analysis of Drivers and Restraints
6. Rolling Stock Management - Global Market Analysis
6.1 Global Rolling Stock Management Market Overview
6.2 Global Rolling Stock Management Market Revenue Forecast and Analysis
6.3 Market Positioning - Five Key Players
7. Rolling Stock Management Market - by Management type
7.1 Overview
7.2 Rolling Stock Management Market, by Management Type (2022 and 2028)
7.2.1 Rail Management
7.2.2 Overview
7.2.3 Rail Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
7.2.3.1 Remote Diagnostic Management
7.2.3.1.1 Overview
7.2.3.1.2 Remote Diagnostic Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
7.2.3.2 Wayside Management
7.2.3.2.1 Overview
7.2.3.2.2 Wayside Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
7.2.3.3 Train management
7.2.3.3.1 Overview
7.2.3.3.2 Train management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
7.2.3.4 Asset Management
7.2.3.4.1 Overview
7.2.3.4.2 Asset Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
7.2.3.5 Cab Advisory
7.2.3.5.1 Overview
7.2.3.5.2 Cab Advisory: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
7.2.3.6 Others
7.2.3.6.1 Overview
7.2.3.6.2 Others: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
7.2.4 Infrastructure Management
7.2.5 Overview
7.2.6 Infrastructure Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
7.2.6.1 Control Room Management
7.2.6.1.1 Overview
7.2.6.1.2 Control Room Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
7.2.6.2 Station Management
7.2.6.2.1 Overview
7.2.6.2.2 Station Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
7.2.6.3 Automatic Fare Collection Management
7.2.6.3.1 Overview
7.2.6.3.2 Automatic Fare Collection Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
7.2.6.4 Others
7.2.6.4.1 Overview
7.2.6.4.2 Others: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
8. Rolling Stock Management Market - by Maintenance Service
8.1 Overview
8.2 Rolling Stock Management Market, by Maintenance Service (2022 and 2028)
8.2.1 Corrective Maintenance
8.2.1.1 Overview
8.2.1.2 Corrective Maintenance: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
8.2.2 Preventive Maintenance
8.2.2.1 Overview
8.2.2.2 Preventive Maintenance: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
8.2.3 Predictive Maintenance
8.2.3.1 Overview
8.2.3.2 Predictive Maintenance: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9. Rolling Stock Management Market - Geographic Analysis
9.1 Overview
9.2 North America Market
9.2.1 North America: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Rolling Stock Management Market, by Management Type
9.2.2.1 North America: Rolling Stock Management Market, by Rail Management
9.2.2.2 North America: Rolling Stock Management Market, by Infrastructure Management
9.2.3 North America: Rolling Stock Management Market, by Maintenance Services
9.2.4 North America: Rolling Stock Management Market, by Key Country
9.2.4.1 US: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.2.4.1.1 US: Rolling Stock Management Market, by Management Type
9.2.4.1.1.1 US: Rolling Stock Management Market, by Rail Management
9.2.4.1.1.2 US: Rolling Stock Management Market, by Infrastructure Management
9.2.4.1.2 US: Rolling Stock Management Market, by Maintenance Services
9.2.4.2 Canada: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.2.4.2.1 Canada: Rolling Stock Management Market, by Management Type
9.2.4.2.1.1 Canada: Rolling Stock Management Market, by Rail Management
9.2.4.2.1.2 Canada: Rolling Stock Management Market, by Infrastructure Management
9.2.4.2.2 Canada: Rolling Stock Management Market, by Maintenance Services
9.2.4.3 Mexico: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.2.4.3.1 Mexico: Rolling Stock Management Market, by Management Type
9.2.4.3.1.1 Mexico: Rolling Stock Management Market, by Rail Management
9.2.4.3.1.2 Mexico: Rolling Stock Management Market, by Infrastructure Management
9.2.4.3.2 Mexico: Rolling Stock Management Market, by Maintenance Services
9.3 Europe: Rolling Stock Management Market
9.3.1 Europe: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Rolling Stock Management Market, by Management Type
9.3.2.1 Europe: Rolling Stock Management Market, by Rail Management
9.3.2.2 Europe: Rolling Stock Management Market, by Infrastructure Management
9.3.3 Europe: Rolling Stock Management Market, by Maintenance Services
9.3.4 Europe: Rolling Stock Management Market, by Key Country
9.3.4.1 Germany: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.3.4.1.1 Germany: Rolling Stock Management Market, by Management Type
9.3.4.1.1.1 Germany: Rolling Stock Management Market, by Rail Management
9.3.4.1.1.2 Germany: Rolling Stock Management Market, by Infrastructure Management
9.3.4.1.2 Germany: Rolling Stock Management Market, by Maintenance Services
9.3.4.2 UK: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.3.4.2.1 UK: Rolling Stock Management Market, by Management Type
9.3.4.2.1.1 UK: Rolling Stock Management Market, by Rail Management
9.3.4.2.1.2 UK: Rolling Stock Management Market, by Infrastructure Management
9.3.4.2.2 UK: Rolling Stock Management Market, by Maintenance Services
9.3.4.3 France: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.3.4.3.1 France: Rolling Stock Management Market, by Management Type
9.3.4.3.1.1 France: Rolling Stock Management Market, by Rail Management
9.3.4.3.1.2 France: Rolling Stock Management Market, by Infrastructure Management
9.3.4.3.2 France: Rolling Stock Management Market, by Maintenance Services
9.3.4.4 Italy: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.3.4.4.1 Italy: Rolling Stock Management Market, by Management Type
9.3.4.4.1.1 Italy: Rolling Stock Management Market, by Rail Management
9.3.4.4.1.2 Italy: Rolling Stock Management Market, by Infrastructure Management
9.3.4.4.2 Italy: Rolling Stock Management Market, by Maintenance Services
9.3.4.5 Russia: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.3.4.5.1 Russia: Rolling Stock Management Market, by Management Type
9.3.4.5.1.1 Russia: Rolling Stock Management Market, by Rail Management
9.3.4.5.1.2 Russia: Rolling Stock Management Market, by Infrastructure Management
9.3.4.5.2 Russia: Rolling Stock Management Market, by Maintenance Services
9.3.4.6 Rest of Europe: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.3.4.6.1 Rest of Europe: Rolling Stock Management Market, by Management Type
9.3.4.6.1.1 Rest of Europe: Rolling Stock Management Market, by Rail Management
9.3.4.6.1.2 Rest of Europe: Rolling Stock Management Market, by Infrastructure Management
9.3.4.6.2 Rest of Europe: Rolling Stock Management Market, by Maintenance Services
9.4 APAC: Rolling Stock Management Market
9.4.1 APAC: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.4.2 APAC: Rolling Stock Management Market, by Management Type
9.4.2.1 APAC: Rolling Stock Management Market, by Rail Management
9.4.2.2 APAC: Rolling Stock Management Market, by Infrastructure Management
9.4.3 APAC: Rolling Stock Management Market, by Maintenance Services
9.4.4 APAC: Rolling Stock Management Market, by Key Country
9.4.4.1 China: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.4.4.1.1 China: Rolling Stock Management Market, by Management Type
9.4.4.1.1.1 China: Rolling Stock Management Market, by Rail Management
9.4.4.1.1.2 China: Rolling Stock Management Market, by Infrastructure Management
9.4.4.1.2 China: Rolling Stock Management Market, by Maintenance Services
9.4.4.2 Japan: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.4.4.2.1 Japan: Rolling Stock Management Market, by Management Type
9.4.4.2.1.1 Japan: Rolling Stock Management Market, by Rail Management
9.4.4.2.1.2 Japan: Rolling Stock Management Market, by Infrastructure Management
9.4.4.2.2 Japan: Rolling Stock Management Market, by Maintenance Services
9.4.4.3 South Korea: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.4.4.3.1 South Korea: Rolling Stock Management Market, by Management Type
9.4.4.3.1.1 South Korea: Rolling Stock Management Market, by Rail Management
9.4.4.3.1.2 South Korea: Rolling Stock Management Market, by Infrastructure Management
9.4.4.3.2 South Korea: Rolling Stock Management Market, by Maintenance Services
9.4.4.4 India: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.4.4.4.1 India: Rolling Stock Management Market, by Management Type
9.4.4.4.1.1 India: Rolling Stock Management Market, by Rail Management
9.4.4.4.1.2 India: Rolling Stock Management Market, by Infrastructure Management
9.4.4.4.2 India: Rolling Stock Management Market, by Maintenance Services
9.4.4.5 Australia: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.4.4.5.1 Australia: Rolling Stock Management Market, by Management Type
9.4.4.5.1.1 Australia: Rolling Stock Management Market, by Rail Management
9.4.4.5.1.2 Australia: Rolling Stock Management Market, by Infrastructure Management
9.4.4.5.2 Australia: Rolling Stock Management Market, by Maintenance Services
9.4.4.6 Rest of APAC: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.4.4.6.1 Rest of APAC: Rolling Stock Management Market, by Management Type
9.4.4.6.1.1 Rest of APAC: Rolling Stock Management Market, by Rail Management
9.4.4.6.1.2 Rest of APAC: Rolling Stock Management Market, by Infrastructure Management
9.4.4.6.2 Rest of APAC: Rolling Stock Management Market, by Maintenance Services
9.5 MEA: Rolling Stock Management Market
9.5.1 MEA: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.5.2 MEA: Rolling Stock Management Market, by Management Type
9.5.2.1 MEA: Rolling Stock Management Market, by Rail Management
9.5.2.2 MEA: Rolling Stock Management Market, by Infrastructure Management
9.5.3 MEA: Rolling Stock Management Market, by Maintenance Services
9.5.4 MEA: Rolling Stock Management Market, by Key Country
9.5.4.1 Saudi Arabia: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.5.4.1.1 Saudi Arabia: Rolling Stock Management Market, by Management Type
9.5.4.1.1.1 Saudi Arabia: Rolling Stock Management Market, by Rail Management
9.5.4.1.1.2 Saudi Arabia: Rolling Stock Management Market, by Infrastructure Management
9.5.4.1.2 Saudi Arabia: Rolling Stock Management Market, by Maintenance Services
9.5.4.2 UAE: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.5.4.2.1 UAE: Rolling Stock Management Market, by Management Type
9.5.4.2.1.1 UAE: Rolling Stock Management Market, by Rail Management
9.5.4.2.1.2 UAE: Rolling Stock Management Market, by Infrastructure Management
9.5.4.2.2 UAE: Rolling Stock Management Market, by Technology
9.5.4.3 South Africa: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.5.4.3.1 South Africa: Rolling Stock Management Market, by Management Type
9.5.4.3.1.1 South Africa: Rolling Stock Management Market, by Rail Management
9.5.4.3.1.2 South Africa: Rolling Stock Management Market, by Infrastructure Management
9.5.4.3.2 South Africa: Rolling Stock Management Market, by Maintenance Services
9.5.4.4 Rest of MEA: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.5.4.4.1 Rest of MEA: Rolling Stock Management Market, by Management Type
9.5.4.4.1.1 Rest of MEA: Rolling Stock Management Market, by Rail Management
9.5.4.4.1.2 Rest of MEA: Rolling Stock Management Market, by Infrastructure Management
9.5.4.4.2 Rest of MEA: Rolling Stock Management Market, by Maintenance Services
9.6 SAM: Rolling Stock Management Market
9.6.1 SAM: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.6.2 SAM: Rolling Stock Management Market, by Management Type
9.6.2.1 SAM: Rolling Stock Management Market, by Rail Management
9.6.2.2 SAM: Rolling Stock Management Market, by Infrastructure Management
9.6.3 SAM: Rolling Stock Management Market, by Maintenance Services
9.6.4 SAM: Rolling Stock Management Market, by Key Country
9.6.4.1 Brazil: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.6.4.1.1 Brazil: Rolling Stock Management Market, by Management Type
9.6.4.1.1.1 Brazil: Rolling Stock Management Market, by Rail Management
9.6.4.1.1.2 Brazil: Rolling Stock Management Market, by Infrastructure Management
9.6.4.1.2 Brazil: Rolling Stock Management Market, by Maintenance Services
9.6.4.2 Argentina: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.6.4.2.1 Argentina: Rolling Stock Management Market, by Management Type
9.6.4.2.1.1 Argentina: Rolling Stock Management Market, by Rail Management
9.6.4.2.1.2 Argentina: Rolling Stock Management Market, by Infrastructure Management
9.6.4.2.2 Argentina: Rolling Stock Management Market, by Maintenance Services
9.6.4.3 Rest of SAM: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
9.6.4.3.1 Rest of SAM: Rolling Stock Management Market, by Management Type
9.6.4.3.1.1 Rest of SAM: Rolling Stock Management Market, by Rail Management
9.6.4.3.1.2 Rest of SAM: Rolling Stock Management Market, by Infrastructure Management
9.6.4.3.2 Rest of SAM: Rolling Stock Management Market, by Maintenance Services
10. Rolling Stock Management Market - Covid-19 Impact Analysis
10.1 Overview
10.2 Impact of COVID-19 Pandemic on Global Rolling Stock Management Market
10.2.1 North America: Impact Assessment of COVID-19 Pandemic
10.2.2 Europe: Impact Assessment of COVID-19 Pandemic
10.2.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.2.4 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
10.2.5 South America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Alstom SA
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 ABB Ltd
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 Hitachi Rail Ltd
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 Mitsubishi Electric Corp
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 Siemens Mobility GmbH
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 Talgo SA
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 Thales SA
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 Toshiba Infrastructure Systems and Solutions Corp
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 Trimble Inc
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 LocoTech LLC
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
13. Appendix
13.1 About the Publisher
13.2 Word Index

Companies Mentioned

  • Alstom SA
  • ABB Ltd
  • Hitachi Rail Ltd
  • Mitsubishi Electric Corp
  • Siemens Mobility GmbH
  • Talgo SA
  • Thales SA
  • Toshiba Infrastructure Systems and Solutions Corp
  • Trimble Inc
  • LocoTech LLC

Table Information

Report AttributeDetails
No. of Pages180
PublishedSeptember 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 48.57 Million
Forecasted Market Value ( USD ) by 2028 $ 68.76 Million
Compound Annual Growth Rate6.0%
Regions CoveredGlobal
No. of Companies Mentioned10

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