Rolling Stock Market by Component, Product Type (Locomotive, Rapid Transit, Coach), Locomotive Technology (Conventional, Turbocharged, Maglev), Application (Passenger Transportation, Freight Transportation) and Region - Global Forecast to 2032

1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered and Regional Scope
1.3.2 Inclusions and Exclusions
1.3.3 Years Considered
1.4 Currency Considered
1.5 Unit Considered
1.6 Stakeholders
1.7 Summary of Changes

2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews: Demand and Supply Sides
2.1.2.2 Primary Participants
2.1.2.3 Breakdown of Primary Interviews
2.1.2.4 Insights from Industry Experts
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Factor Analysis
2.5 Research Assumptions
2.6 Research Limitations
2.7 Risk Assessment

4.1 Attractive Opportunities for Players in Rolling Stock Market
4.2 Rolling Stock Market, by Product Type
4.3 Rolling Stock Market, by Application
4.4 Rolling Stock Market, by Locomotive Technology
4.5 Rolling Stock Market, by Region

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Traffic Decongestion and Network Optimization
5.2.1.2 Shift Toward Energy-Efficient and Sustainable Transportation
5.2.1.3 Development of Advanced Rolling Stock Technologies to Enhance Passenger Comfort
5.2.1.4 Advancements in Rail Network Electrification
5.2.1.5 Expansion of Freight Transport Capacity
5.2.2 Restraints
5.2.2.1 Optimization of Existing Fleet Through Refurbishment
5.2.2.2 High Capital Intensity and Investment Barriers
5.2.3 Opportunities
5.2.3.1 Leveraging Big Data and Smart Analytics in Rail Infrastructure
5.2.3.2 Rising Rail Demand from Industrial and Mining Sectors
5.2.3.3 Adoption of Hydrogen Fuel Cell Locomotives
5.2.3.4 Growing Market for Battery-Operated Trains
5.2.4 Challenges
5.2.4.1 Rising Overhaul and Maintenance Cost Burden
5.2.4.2 Intensive R&D Investment Requirements

6.1 Trends and Disruptions Impacting Customer Business
6.2 Pricing Analysis
6.2.1 Indicative Pricing of Rolling Stock Offered by Key Players
6.2.2 Average Selling Price Trend, by Product Type
6.2.3 Average Selling Price Trend, by Region
6.3 Ecosystem Analysis
6.4 Supply Chain Analysis
6.4.1 Raw Material Providers and Component Suppliers
6.4.2 OEMs
6.4.3 Operators and End-users
6.5 Case Study Analysis
6.5.1 Modernization of Rolling Stock with Stadler Rail's Flirt Emus
6.5.2 Crrc Sets Benchmark for Excavation of Big Analog Data Value
6.5.3 Golinc-M Modules Enable Retrofitting of Remote Condition Monitoring
6.5.4 Monorail Systems Reduce Traffic Congestion in Korean Metropolis
6.5.5 Hydrogen Train Project Helps Scottish Government Achieve Net Zero Targets
6.5.6 Freightliner Shifts Toward Net Zero with Low-Carbon Fuel
6.6 Patent Analysis
6.7 Technology Analysis
6.7.1 Key Technologies
6.7.1.1 Regenerative Braking
6.7.1.2 Autonomous Trains
6.7.1.3 Tri-Mode Trains
6.7.1.4 Tilting Trains
6.7.1.5 Digitalization
6.7.1.6 Internet of Trains
6.7.2 Complementary Technologies
6.7.2.1 Train Control and Management Systems
6.7.2.2 Collision Avoidance Systems
6.7.2.3 Intelligent Rail Transit
6.7.3 Adjacent Technologies
6.7.3.1 Big Data Analytics
6.7.3.2 Rail Traffic Management Systems
6.7.3.3 Renewable Energy Systems
6.8 Investment and Funding Scenario
6.9 Funding, by Application
6.10 Impact of AI/Gen AI
6.11 Trade Analysis
6.12 Tariff and Regulatory Landscape
6.12.1 Tariff Analysis
6.12.1.1 US
6.12.1.2 Europe
6.12.1.3 India
6.12.1.4 South Korea
6.12.1.5 China
6.12.2 Regulatory Bodies, Government Agencies, and Other Organizations
6.13 Key Conferences and Events
6.14 Key Stakeholders and Buying Criteria
6.14.1 Key Stakeholders in Buying Process
6.14.2 Buying Criteria
6.15 Strategic Pathways for Alternative Propulsion Systems
6.15.1 Technology Readiness
6.15.1.1 Hydrogen Fuel Cells
6.15.1.2 Battery-Electric
6.15.1.3 Hybrid/Alternative Engines
6.15.1.4 Emerging Options
6.15.2 Policy and Incentive Alignment
6.15.2.1 Government Strategies and Targets
6.15.2.2 Funding and Grants
6.15.2.3 Regulations and Mandates
6.15.2.4 Regional Initiatives
6.15.3 Supply Chain and Infrastructure
6.15.3.1 Manufacturing Ecosystems
6.15.3.2 Fueling and Charging Infrastructure
6.15.3.3 Supplier Networks
6.16 Railway Infrastructure Modernization Strategy
6.16.1 Digitalization and IoT Integration
6.16.1.1 Db/Digital Train Control
6.16.1.2 Onboard Diagnostics and Telematics
6.16.2 Energy Efficiency Upgrades
6.16.3 Cybersecurity and Data Strategies
6.16.4 EU Cybersecurity Regulations
6.16.5 US Cybersecurity Directives
6.16.6 Data-Centric Initiatives
6.17 Implementation Framework for Autonomous Train Technology
6.17.1 Safety and Regulatory Compliance
6.17.2 Operational Transformation Strategy

7.1 Introduction
7.2 Locomotives
7.2.1 Diesel Locomotives
7.2.1.1 Electrification of Railway Networks in Europe and Asia to Impede Market
7.2.2 Electric Locomotives
7.2.2.1 Rapid Electrification of Rail Networks to Drive Market
7.2.3 Electro-Diesel Locomotives
7.2.3.1 Public and Private Sectors’ Emphasis on Sustainable Practices to Drive Market
7.3 Rapid Transit
7.3.1 Diesel Multiple Units
7.3.1.1 Electrification Constraints in Select Regions to Drive Market
7.3.2 Electric Multiple Units
7.3.2.1 Performance and Efficiency Advantages Over Diesel Fueling to Drive Market
7.3.3 Light Rails/Trams
7.3.3.1 Push for Alternatives to Traditional Buses and Cars to Drive Market
7.3.4 Subways/Metros
7.3.4.1 Investments in Urban Transportation Networks to Drive Market
7.3.5 Monorails
7.4 Coaches
7.4.1 Demand for Enhanced Rail Travel Experiences to Drive Market
7.5 Wagons
7.5.1 Need for High-Capacity Freight in Logistics and Manufacturing to Drive Market
7.6 Other Product Types
7.7 Primary Insights

8.1 Introduction
8.2 Conventional Locomotives
8.2.1 Improved Performance with Technological Innovations to Drive Market
8.3 Turbocharged Locomotives
8.3.1 Compliance with Strict Emission Regulations to Drive Market
8.4 Maglev
8.4.1 Electromagnetic Suspension
8.4.2 Electrodynamic Suspension
8.4.3 Inductrack
8.5 Primary Insights

9.1 Introduction
9.2 Passenger Transportation
9.2.1 Locomotives
9.2.1.1 Rising Adoption of Electric Rail Systems to Drive Market
9.2.2 Coaches
9.2.2.1 Integration of Enhanced Safety Systems to Drive Market
9.3 Freight Transportation
9.3.1 Locomotives
9.3.1.1 Efforts to Lower Operational Expenses to Drive Market
9.3.2 Wagons
9.3.2.1 Growing Application in Freight and Logistics to Drive Market
9.4 Primary Insights

10.1 Introduction
10.2 Train Control Systems
10.3 Pantographs
10.4 Axles
10.5 Wheelsets
10.6 Traction Motors
10.7 Passenger Information Systems
10.8 Brakes
10.9 Air Conditioning Systems
10.10 Auxiliary Power Systems
10.11 Gearboxes
10.12 Baffle Gears
10.13 Couplers

11.1 Introduction
11.2 Asia Oceania
11.2.1 Macroeconomic Outlook
11.2.2 Rapid Transit Projects
11.2.3 Light Rail Projects
11.2.4 High-Speed Rail/Bullet Train Projects
11.2.5 China
11.2.5.1 Expansion of High-Speed Rail Infrastructure to Drive Market
11.2.6 India
11.2.6.1 Growth of Electrified Rail Infrastructure to Drive Market
11.2.7 Japan
11.2.7.1 Strong Presence of Rail Service Providers to Drive Market
11.2.8 South Korea
11.2.8.1 Government Initiatives Supporting Public Transportation to Drive Market
11.2.9 Australia
11.2.10 Malaysia
11.3 Europe
11.3.1 Macroeconomic Outlook
11.3.2 Metro/High-Speed Railway Projects
11.3.3 Rapid Transit Projects
11.3.4 Germany
11.3.4.1 Rising Investments in Railway Infrastructure Modernization to Drive Market
11.3.5 France
11.3.5.1 Government Subsidies and Incentives for Sustainable Transportation to Drive Market
11.3.6 UK
11.3.6.1 Ongoing Upgrades of Domestic Rail Networks to Drive Market
11.3.7 Italy
11.3.7.1 Expanding Railway Networks to Drive Market
11.3.8 Spain
11.3.8.1 Modernization of Mass Rapid Transit to Drive Market
11.3.9 Switzerland
11.3.10 Austria
11.3.11 Sweden
11.4 North America
11.4.1 Macroeconomic Outlook
11.4.2 High-Speed Rail/Bullet Train Projects
11.4.3 Rapid Transit Projects
11.4.4 US
11.4.4.1 Modernization of Existing Transportation Modalities to Drive Market
11.4.5 Mexico
11.4.5.1 Rail Network Expansion and Modernization to Drive Market
11.4.6 Canada
11.4.6.1 Elevated Demand for Passenger and Freight Transportation to Drive Market
11.5 Middle East & Africa
11.5.1 Macroeconomic Outlook
11.5.2 Metro/Monorail Projects
11.5.3 Rapid Transit Projects
11.5.4 South Africa
11.5.4.1 Government Investments in Railway Sector to Drive Market
11.5.5 UAE
11.5.5.1 Advances in Rail Infrastructure to Drive Market
11.5.6 Egypt
11.5.6.1 Booming Tourism Industry to Drive Market
11.5.7 Iran
11.6 Rest of the World
11.6.1 Macroeconomic Outlook
11.6.2 Metro/Monorail Projects
11.6.3 Brazil
11.6.3.1 Growing Rail Investments and Modernization to Drive Market
11.6.4 Russia
11.6.4.1 Expansion of Metro and Subway Networks to Drive Market
11.6.5 Argentina

12.1 Introduction
12.2 Key Player Strategies/Right to Win, 2022-2025
12.3 Market Share Analysis, 2024
12.4 Revenue Analysis, 2020-2024
12.5 Company Valuation and Financial Metrics
12.6 Brand/Product Comparison
12.7 Company Evaluation Matrix: Key Players, 2024
12.7.1 Stars
12.7.2 Emerging Leaders
12.7.3 Pervasive Players
12.7.4 Participants
12.7.5 Company Footprint
12.7.5.1 Company Footprint
12.7.5.2 Region Footprint
12.7.5.3 Application Footprint
12.7.5.4 Product Type Footprint
12.7.5.5 Locomotive Technology Footprint
12.8 Company Evaluation Matrix: Start-Ups/SMEs, 2024
12.8.1 Progressive Companies
12.8.2 Responsive Companies
12.8.3 Dynamic Companies
12.8.4 Starting Blocks
12.8.5 Competitive Benchmarking
12.8.5.1 List of Start-Ups/SMEs
12.8.5.2 Competitive Benchmarking of Start-Ups/SMEs
12.9 Competitive Scenario
12.9.1 Product Launches/Developments
12.9.2 Deals
12.9.3 Expansions
12.9.4 Contracts

13.1 Key Players
13.1.1 Crrc Corporation Limited
13.1.1.1 Business Overview
13.1.1.2 Products Offered
13.1.1.3 Recent Developments
13.1.1.3.1 Product Launches/Developments
13.1.1.3.2 Deals
13.1.1.3.3 Contracts
13.1.1.4 Analyst's View
13.1.1.4.1 Key Strengths
13.1.1.4.2 Strategic Choices
13.1.1.4.3 Weaknesses and Competitive Threats
13.1.2 Siemens AG
13.1.2.1 Business Overview
13.1.2.2 Products Offered
13.1.2.3 Recent Developments
13.1.2.3.1 Product Launches/Developments
13.1.2.3.2 Deals
13.1.2.3.3 Expansions
13.1.2.3.4 Contracts
13.1.2.3.5 Other Developments
13.1.2.4 Analyst's View
13.1.2.4.1 Key Strengths
13.1.2.4.2 Strategic Choices
13.1.2.4.3 Weaknesses and Competitive Threats
13.1.3 Alstom SA
13.1.3.1 Business Overview
13.1.3.2 Products Offered
13.1.3.3 Recent Developments
13.1.3.3.1 Product Launches/Developments
13.1.3.3.2 Deals
13.1.3.3.3 Expansions
13.1.3.3.4 Contracts
13.1.3.4 Analyst's View
13.1.3.4.1 Key Strengths
13.1.3.4.2 Strategic Choices
13.1.3.4.3 Weaknesses and Competitive Threats
13.1.4 Stadler Rail AG
13.1.4.1 Business Overview
13.1.4.2 Products Offered
13.1.4.3 Recent Developments
13.1.4.3.1 Product Launches/Developments
13.1.4.3.2 Deals
13.1.4.3.3 Expansions
13.1.4.3.4 Contracts
13.1.4.3.5 Other Developments
13.1.4.4 Analyst's View
13.1.4.4.1 Key Strengths
13.1.4.4.2 Strategic Choices
13.1.4.4.3 Weaknesses and Competitive Threats
13.1.5 Wabtec Corporation
13.1.5.1 Business Overview
13.1.5.2 Products Offered
13.1.5.3 Recent Developments
13.1.5.3.1 Product Launches/Developments
13.1.5.3.2 Deals
13.1.5.3.3 Expansions
13.1.5.3.4 Contracts
13.1.5.4 Analyst's View
13.1.5.4.1 Key Strengths
13.1.5.4.2 Strategic Choices
13.1.5.4.3 Weaknesses and Competitive Threats
13.1.6 Kawasaki Heavy Industries, Ltd.
13.1.6.1 Business Overview
13.1.6.2 Products Offered
13.1.6.3 Recent Developments
13.1.6.3.1 Product Launches/Developments
13.1.6.3.2 Contracts
13.1.7 Caf Group
13.1.7.1 Business Overview
13.1.7.2 Products Offered
13.1.7.3 Recent Developments
13.1.7.3.1 Deals
13.1.7.3.2 Expansions
13.1.7.3.3 Contracts
13.1.8 Hyundai Rotem Company
13.1.8.1 Business Overview
13.1.8.2 Products Offered
13.1.8.3 Recent Developments
13.1.8.3.1 Product Launches/Developments
13.1.8.3.2 Deals
13.1.8.3.3 Contracts
13.1.8.3.4 Other Developments
13.1.9 Mitsubishi Heavy Industries, Ltd.
13.1.9.1 Business Overview
13.1.9.2 Products Offered
13.1.9.3 Recent Developments
13.1.9.3.1 Deals
13.1.9.3.2 Expansions
13.1.9.3.3 Contracts
13.1.10 Talgo
13.1.10.1 Business Overview
13.1.10.2 Products Offered
13.1.10.3 Recent Developments
13.1.10.3.1 Product Launches/Developments
13.1.10.3.2 Deals
13.1.10.3.3 Contracts
13.1.11 Transmashholding
13.1.11.1 Business Overview
13.1.11.2 Products Offered
13.1.11.3 Recent Developments
13.1.11.3.1 Product Launches/Developments
13.1.11.3.2 Deals
13.1.11.3.3 Expansions
13.1.11.3.4 Contracts
13.1.12 Titagarh Rail Systems Limited
13.1.12.1 Business Overview
13.1.12.2 Products Offered
13.1.12.3 Recent Developments
13.1.12.3.1 Product Launches/Developments
13.1.12.3.2 Deals
13.1.12.3.3 Contracts
13.2 Other Players
13.2.1 Toshiba Corporation
13.2.2 Hitachi Rail Limited
13.2.3 Strukton
13.2.4 Deutsche Bahn AG
13.2.5 Beml Limited
13.2.6 Rail Vikas Nigam Limited
13.2.7 Braithwaite & Co. (India) Ltd.
13.2.8 Chittaranjan Locomotive Works
13.2.9 Wjis
13.2.10 Rhomberg Sersa Rail Holding GmbH
13.2.11 Sinara Transport Machines
13.2.12 Trinity Industries, Inc.
13.2.13 The Greenbrier Companies
13.2.14 Dawonsys Co. Ltd.

14.1 Asia Oceania to be Leading Market for Rolling Stock
14.2 Elevated Demand for Wagons due to Rise in Freight Transportation
14.3 Need for Fast Urban Transportation to Boost Market for Subways/Metros
14.4 Conclusion

15.1 Key Industry Insights
15.2 Discussion Guide
15.3 Knowledgestore: The Subscription Portal
15.4 Customization Options
15.4.1 Additional Company Profiles (Up to Five)
15.4.2 Rolling Stock Market, by Technology, at Country Level (For Countries Covered in Report)
15.4.3 Rolling Stock Market, by Product Type, at Country Level (For Countries Covered in Report)

Table 1 Market Definition, by Product Type
Table 2 Market Definition, by Locomotive Technology
Table 3 Market Definition, by Application
Table 4 Currency Exchange Rates
Table 5 Most Congested Cities, 2024
Table 6 Rolling Stock Modernization Intervals, by Component
Table 7 Mining Production, by Country, 2024
Table 8 Impact of Market Dynamics
Table 9 Indicative Pricing of Rolling Stock Offered by Key Players, 2024 (USD Thousand)
Table 10 Average Selling Price Trend, by Product Type, 2022-2024 (USD Thousand)
Table 11 Average Selling Price Trend, by Region, 2022-2024 (USD Thousand)
Table 12 Role of Companies in Ecosystem
Table 13 Patent Analysis
Table 14 Autonomous Train Technologies and Associated Benefits
Table 15 Level of Autonomy for Rolling Stock
Table 16 List of Funding, 2023-2024
Table 17 Funding, by Application
Table 18 Import Data for HS Code 8604-Compliant Products, by Country, 2021-2024 (USD Million)
Table 19 Export Data for HS Code 8604-Compliant Products, by Country, 2021-2024 (USD Million)
Table 20 Import Data for HS Code 8603-Compliant Products, by Country, 2021-2024 (USD Million)
Table 21 Export Data for HS Code 8603-Compliant Products, by Country, 2021-2024 (USD Million)
Table 22 Rail Traction Engine (Stage III A) Standards
Table 23 Rail Traction Engine (Stage III B) Standards
Table 24 Standards for Design of Equipment, Systems, and Subsystems
Table 25 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 26 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 27 Asia Oceania: Regulatory Bodies, Government Agencies, and Other Organizations
Table 28 Rest of the World: Regulatory Bodies, Government Agencies, and Other Organizations
Table 29 Key Conferences and Events, 2025-2026
Table 30 Influence of Stakeholders on Buying Process for Top Three Product Types (%)
Table 31 Key Buying Criteria for Top Three Product Types
Table 32 Global Demonstration and Deployment of Clean Rail Technologies
Table 33 Implementation of Autonomous Train Projects by Automation Level (Goa)
Table 34 Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 35 Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 36 Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 37 Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 38 Rolling Stock Models, by Company
Table 39 Locomotives: Rolling Stock Market, by Type, 2021-2024 (Units)
Table 40 Locomotives: Rolling Stock Market, by Type, 2025-2032 (Units)
Table 41 Locomotives: Rolling Stock Market, by Type, 2021-2024 (USD Million)
Table 42 Locomotives: Rolling Stock Market, by Type, 2025-2032 (USD Million)
Table 43 Diesel Locomotives: Rolling Stock Market, by Region, 2021-2024 (Units)
Table 44 Diesel Locomotives: Rolling Stock Market, by Region, 2025-2032 (Units)
Table 45 Diesel Locomotives: Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 46 Diesel Locomotives: Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 47 Electric Locomotives: Rolling Stock Market, by Region, 2021-2024 (Units)
Table 48 Electric Locomotives: Rolling Stock Market, by Region, 2025-2032 (Units)
Table 49 Electric Locomotives: Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 50 Electric Locomotives: Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 51 Electro-Diesel Locomotives: Rolling Stock Market, by Region, 2021-2024 (Units)
Table 52 Electro-Diesel Locomotives: Rolling Stock Market, by Region, 2025-2032 (Units)
Table 53 Electro-Diesel Locomotives: Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 54 Electro-Diesel Locomotives: Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 55 Rapid Transit: Rolling Stock Market, by Type, 2021-2024 (Units)
Table 56 Rapid Transit: Rolling Stock Market, by Type, 2025-2032 (Units)
Table 57 Rapid Transit: Rolling Stock Market, by Type, 2021-2024 (USD Million)
Table 58 Rapid Transit: Rolling Stock Market, by Type, 2025-2032 (USD Million)
Table 59 Diesel Multiple Units: Rolling Stock Market, by Region, 2021-2024 (Units)
Table 60 Diesel Multiple Units: Rolling Stock Market, by Region, 2025-2032 (Units)
Table 61 Diesel Multiple Units: Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 62 Diesel Multiple Units: Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 63 Electric Multiple Units: Rolling Stock Market, by Region, 2021-2024 (Units)
Table 64 Electric Multiple Units: Rolling Stock Market, by Region, 2025-2032 (Units)
Table 65 Electric Multiple Units: Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 66 Electric Multiple Units: Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 67 Light Rails/Trams: Rolling Stock Market, by Region, 2021-2024 (Units)
Table 68 Light Rails/Trams: Rolling Stock Market, by Region, 2025-2032 (Units)
Table 69 Light Rails/Trams: Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 70 Light Rails/Trams: Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 71 Subways/Metros: Rolling Stock Market, by Region, 2021-2024 (Units)
Table 72 Subways/Metros: Rolling Stock Market, by Region, 2025-2032 (Units)
Table 73 Subways/Metros: Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 74 Subways/Metros: Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 75 Coaches: Rolling Stock Market, by Region, 2021-2024 (Units)
Table 76 Coaches: Rolling Stock Market, by Region, 2025-2032 (Units)
Table 77 Coaches: Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 78 Coaches: Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 79 Wagons: Rolling Stock Market, by Region, 2021-2024 (Units)
Table 80 Wagons: Rolling Stock Market, by Region, 2025-2032 (Units)
Table 81 Wagons: Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 82 Wagons: Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 83 High-Speed Electric Locomotive Models
Table 84 Rolling Stock Market, by Locomotive Technology, 2021-2024 (Units)
Table 85 Rolling Stock Market, by Locomotive Technology, 2025-2032 (Units)
Table 86 Rolling Stock Market, by Locomotive Technology, 2021-2024 (USD Million)
Table 87 Rolling Stock Market, by Locomotive Technology, 2025-2032 (USD Million)
Table 88 Conventional Locomotives: Rolling Stock Market, by Region, 2021-2024 (Units)
Table 89 Conventional Locomotives: Rolling Stock Market, by Region, 2025-2032 (Units)
Table 90 Conventional Locomotives: Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 91 Conventional Locomotives: Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 92 Turbocharged Locomotives: Rolling Stock Market, by Region, 2021-2024 (Units)
Table 93 Turbocharged Locomotives: Rolling Stock Market, by Region, 2025-2032 (Units)
Table 94 Turbocharged Locomotives: Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 95 Turbocharged Locomotives: Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 96 Comparison Between Conventional High-Speed Rail, Maglev, and Hyperloop
Table 97 Existing/Upcoming High-Speed Train Models
Table 98 Rolling Stock Market, by Application, 2021-2024 (Units)
Table 99 Rolling Stock Market, by Application, 2025-2032 (Units)
Table 100 Rolling Stock Market, by Application, 2021-2024 (USD Million)
Table 101 Rolling Stock Market, by Application, 2025-2032 (USD Million)
Table 102 Passenger Transportation: Rolling Stock Market, by Type, 2021-2024 (Units)
Table 103 Passenger Transportation: Rolling Stock Market, by Type, 2025-2032 (Units)
Table 104 Passenger Transportation: Rolling Stock Market, by Type, 2021-2024 (USD Million)
Table 105 Passenger Transportation: Rolling Stock Market, by Type, 2025-2032 (USD Million)
Table 106 Passenger Locomotive Market, by Region, 2021-2024 (Units)
Table 107 Passenger Locomotive Market, by Region, 2025-2032 (Units)
Table 108 Passenger Locomotive Market, by Region, 2021-2024 (USD Million)
Table 109 Passenger Locomotive Market, by Region, 2025-2032 (USD Million)
Table 110 Passenger Coach Market, by Region, 2021-2024 (Units)
Table 111 Passenger Coach Market, by Region, 2025-2032 (Units)
Table 112 Passenger Coach Market, by Region, 2021-2024 (USD Million)
Table 113 Passenger Coach Market, by Region, 2025-2032 (USD Million)
Table 114 Freight Transportation: Rolling Stock Market, by Type, 2021-2024 (Units)
Table 115 Freight Transportation: Rolling Stock Market, by Type, 2025-2032 (Units)
Table 116 Freight Transportation: Rolling Stock Market, by Type, 2021-2024 (USD Million)
Table 117 Freight Transportation: Rolling Stock Market, by Type, 2025-2032 (USD Million)
Table 118 Freight Locomotive Market, by Region, 2021-2024 (Units)
Table 119 Freight Locomotive Market, by Region, 2025-2032 (Units)
Table 120 Freight Locomotive Market, by Region, 2021-2024 (USD Million)
Table 121 Freight Locomotive Market, by Region, 2025-2032 (USD Million)
Table 122 Freight Wagon Market, by Region, 2021-2024 (Units)
Table 123 Freight Wagon Market, by Region, 2025-2032 (Units)
Table 124 Freight Wagon Market, by Region, 2021-2024 (USD Million)
Table 125 Freight Wagon Market, by Region, 2025-2032 (USD Million)
Table 126 Rolling Stock Market, by Region, 2021-2024 (Units)
Table 127 Rolling Stock Market, by Region, 2025-2032 (Units)
Table 128 Rolling Stock Market, by Region, 2021-2024 (USD Million)
Table 129 Rolling Stock Market, by Region, 2025-2032 (USD Million)
Table 130 Asia Oceania: Proposed Rapid Transit Projects
Table 131 Asia Oceania: Proposed Light Rail Projects
Table 132 Asia Oceania: Proposed High-Speed Rail/Bullet Train Projects
Table 133 Asia Oceania: Rolling Stock Market, by Country, 2021-2024 (Units)
Table 134 Asia Oceania: Rolling Stock Market, by Country, 2025-2032 (Units)
Table 135 Asia Oceania: Rolling Stock Market, by Country, 2021-2024 (USD Million)
Table 136 Asia Oceania: Rolling Stock Market, by Country, 2025-2032 (USD Million)
Table 137 Railway Projects Under China Belt
Table 138 China: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 139 China: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 140 China: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 141 China: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 142 India: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 143 India: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 144 India: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 145 India: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 146 Japan: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 147 Japan: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 148 Japan: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 149 Japan: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 150 South Korea: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 151 South Korea: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 152 South Korea: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 153 South Korea: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 154 Europe: Proposed Metro/High-Speed Railway Projects
Table 155 Europe: Proposed Rapid Transit Projects
Table 156 Europe: Rolling Stock Market, by Country, 2021-2024 (Units)
Table 157 Europe: Rolling Stock Market, by Country, 2025-2032 (Units)
Table 158 Europe: Rolling Stock Market, by Country, 2021-2024 (USD Million)
Table 159 Europe: Rolling Stock Market, by Country, 2025-2032 (USD Million)
Table 160 Germany: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 161 Germany: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 162 Germany: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 163 Germany: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 164 France: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 165 France: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 166 France: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 167 France: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 168 UK: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 169 UK: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 170 UK: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 171 UK: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 172 Italy: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 173 Italy: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 174 Italy: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 175 Italy: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 176 Spain: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 177 Spain: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 178 Spain: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 179 Spain: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 180 North America: Proposed High-Speed Rail/Bullet Train Projects
Table 181 North America: Proposed Rapid Transit Projects
Table 182 North America: Rolling Stock Market, by Country, 2021-2024 (Units)
Table 183 North America: Rolling Stock Market, by Country, 2025-2032 (Units)
Table 184 North America: Rolling Stock Market, by Country, 2021-2024 (USD Million)
Table 185 North America: Rolling Stock Market, by Country, 2025-2032 (USD Million)
Table 186 US: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 187 US: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 188 US: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 189 US: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 190 Mexico: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 191 Mexico: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 192 Mexico: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 193 Mexico: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 194 Canada: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 195 Canada: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 196 Canada: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 197 Canada: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 198 Middle East & Africa: Proposed Metro/Monorail Projects
Table 199 Middle East & Africa: Proposed Rapid Transit Projects
Table 200 Middle East & Africa: Rolling Stock Market, by Country, 2021-2024 (Units)
Table 201 Middle East & Africa: Rolling Stock Market, by Country, 2025-2032 (Units)
Table 202 Middle East & Africa: Rolling Stock Market, by Country, 2021-2024 (USD Million)
Table 203 Middle East & Africa: Rolling Stock Market, by Country, 2025-2032 (USD Million)
Table 204 South Africa: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 205 South Africa: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 206 South Africa: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 207 South Africa: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 208 UAE: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 209 UAE: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 210 UAE: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 211 UAE: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 212 Egypt: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 213 Egypt: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 214 Egypt: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 215 Egypt: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 216 Rest of the World: Proposed Metro/Monorail Projects
Table 217 Rest of the World: Rolling Stock Market, by Country, 2021-2024 (Units)
Table 218 Rest of the World: Rolling Stock Market, by Country, 2025-2032 (Units)
Table 219 Rest of the World: Rolling Stock Market, by Country, 2021-2024 (USD Million)
Table 220 Rest of the World: Rolling Stock Market, by Country, 2025-2032 (USD Million)
Table 221 Brazil: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 222 Brazil: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 223 Brazil: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 224 Brazil: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 225 Russia: Rolling Stock Market, by Product Type, 2021-2024 (Units)
Table 226 Russia: Rolling Stock Market, by Product Type, 2025-2032 (Units)
Table 227 Russia: Rolling Stock Market, by Product Type, 2021-2024 (USD Million)
Table 228 Russia: Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Table 229 Key Player Strategies/Right to Win, 2022-2025
Table 230 Rolling Stock Market: Degree of Competition
Table 231 Region Footprint
Table 232 Application Footprint
Table 233 Product Type Footprint
Table 234 Locomotive Technology Footprint
Table 235 List of Start-Ups/SMEs
Table 236 Competitive Benchmarking of Start-Ups/SMEs
Table 237 Rolling Stock Market: Product Launches/Developments, 2022-2025
Table 238 Rolling Stock Market: Deals, 2022-2025
Table 239 Rolling Stock Market: Expansions, 2022-2025
Table 240 Rolling Stock Market: Contracts, 2022-2025
Table 241 Crrc Corporation Limited: Company Overview
Table 242 Crrc Corporation Limited: Products Offered
Table 243 Crrc Corporation Limited: Product Launches/Developments
Table 244 Crrc Corporation Limited: Deals
Table 245 Crrc Corporation Limited: Contracts
Table 246 Siemens AG: Company Overview
Table 247 Siemens AG: Products Offered
Table 248 Siemens AG: Product Launches/Developments
Table 249 Siemens AG: Deals
Table 250 Siemens AG: Expansions
Table 251 Siemens AG: Contracts
Table 252 Siemens AG: Other Developments
Table 253 Alstom SA: Company Overview
Table 254 Alstom SA: Products Offered
Table 255 Alstom SA: Product Launches/Developments
Table 256 Alstom SA: Deals
Table 257 Alstom SA: Expansions
Table 258 Alstom SA: Contracts
Table 259 Stadler Rail AG: Company Overview
Table 260 Stadler Rail AG: Products Offered
Table 261 Stadler Rail AG: Product Launches/Developments
Table 262 Stadler Rail AG: Deals
Table 263 Stadler Rail AG: Expansions
Table 264 Stadler Rail AG: Contracts
Table 265 Stadler Rail AG: Other Developments
Table 266 Wabtec Corporation: Company Overview
Table 267 Wabtec Corporation: Products Offered
Table 268 Wabtec Corporation: Product Launches/Developments
Table 269 Wabtec Corporation: Deals
Table 270 Wabtec Corporation: Expansions
Table 271 Wabtec Corporation: Contracts
Table 272 Kawasaki Heavy Industries, Ltd.: Company Overview
Table 273 Kawasaki Heavy Industries, Ltd.: Products Offered
Table 274 Kawasaki Heavy Industries, Ltd.: Product Launches/Developments
Table 275 Kawasaki Heavy Industries, Ltd.: Contracts
Table 276 Caf Group: Company Overview
Table 277 Caf Group: Products Offered
Table 278 Caf Group: Deals
Table 279 Caf Group: Expansions
Table 280 Caf Group: Contracts
Table 281 Hyundai Rotem Company: Company Overview
Table 282 Hyundai Rotem Company: Products Offered
Table 283 Hyundai Rotem Company: Product Launches/Developments
Table 284 Hyundai Rotem Company: Deals
Table 285 Hyundai Rotem Company: Contracts
Table 286 Hyundai Rotem Company: Other Developments
Table 287 Mitsubishi Heavy Industries, Ltd.: Company Overview
Table 288 Mitsubishi Heavy Industries, Ltd.: Products Offered
Table 289 Mitsubishi Heavy Industries, Ltd.: Deals
Table 290 Mitsubishi Heavy Industries, Ltd.: Expansions
Table 291 Mitsubishi Heavy Industries, Ltd.: Contracts
Table 292 Talgo: Company Overview
Table 293 Talgo: Products Offered
Table 294 Talgo: Product Launches/Developments
Table 295 Talgo: Deals
Table 296 Talgo: Contracts
Table 297 Transmashholding: Company Overview
Table 298 Transmashholding: Products Offered
Table 299 Transmashholding: Product Launches/Developments
Table 300 Transmashholding: Deals
Table 301 Transmashholding: Expansions
Table 302 Transmashholding: Contracts
Table 303 Titagarh Rail Systems Limited: Company Overview
Table 304 Titagarh Rail Systems Limited: Products Offered
Table 305 Titagarh Rail Systems Limited: Product Launches/Developments
Table 306 Titagarh Rail Systems Limited: Deals
Table 307 Titagarh Rail Systems Limited: Contracts
Table 308 Toshiba Corporation: Company Overview
Table 309 Hitachi Rail Limited: Company Overview
Table 310 Strukton: Company Overview
Table 311 Deutsche Bahn AG: Company Overview
Table 312 Beml Limited: Company Overview
Table 313 Rail Vikas Nigam Limited: Company Overview
Table 314 Braithwaite & Co. (India) Ltd.: Company Overview
Table 315 Chittaranjan Locomotive Works: Company Overview
Table 316 Wjis: Company Overview
Table 317 Rhomberg Sersa Rail Holding GmbH: Company Overview
Table 318 Sinara Transport Machines: Company Overview
Table 319 Trinity Industries, Inc.: Company Overview
Table 320 The Greenbrier Companies: Company Overview
Table 321 Dawonsys Co. Ltd.: Company Overview

Figure 1 Rolling Stock Market Segmentation
Figure 2 Research Design
Figure 3 Research Design Model
Figure 4 Research Methodology: Hypothesis Building
Figure 5 Bottom-Up Approach
Figure 6 Top-Down Approach
Figure 7 Market Size Estimation Notes
Figure 8 Data Triangulation
Figure 9 Growth Projections from Demand-Side Drivers
Figure 10 Demand- and Supply-Side Factor Analysis
Figure 11 Rolling Stock Market Overview
Figure 12 Rolling Stock Market, by Region, 2025-2032
Figure 13 Rolling Stock Market, by Product Type, 2025-2032
Figure 14 Rising Investments in Rapid Transit Projects to Drive Market
Figure 15 Rapid Transit to be Largest Segment During Forecast Period
Figure 16 Freight Transportation to Hold Higher Share Than Passenger Transportation During Forecast Period
Figure 17 Conventional Locomotives to be Larger Than Turbocharged Locomotives During Forecast Period
Figure 18 Asia Oceania to be Leading Regional Market During Forecast Period
Figure 19 Rolling Stock Market Dynamics
Figure 20 Global Co2 Emissions from Different Transport Segments, 2019-2030
Figure 21 Energy Demand from Railways, by Country, 2017-2050
Figure 22 Freight Loading in India, 2020-2024
Figure 23 Prototype of Hydrogen Train
Figure 24 Benefits of Using Batteries in Rail for Maximum Operational Flexibility
Figure 25 Trends and Disruptions Impacting Customer Business
Figure 26 Average Selling Price Trend, by Product Type, 2022-2024 (USD Thousand)
Figure 27 Average Selling Price Trend, by Region, 2022-2024 (USD Thousand)
Figure 28 Ecosystem Analysis
Figure 29 Supply Chain Analysis
Figure 30 Patent Analysis
Figure 31 Legal Status of Patents, 2015-2024
Figure 32 Regenerative Braking in Trains
Figure 33 Specifications of Tri-Mode Battery Trains
Figure 34 Thales Railway Digitalization
Figure 35 Train Control and Management System
Figure 36 Big Data in Railway Transportation
Figure 37 Investment and Funding Scenario, 2022-2025
Figure 38 Advantages of Harnessing AI in Railway Operations
Figure 39 Import Data for HS Code 8604-Compliant Products, by Country, 2021-2024 (USD Million)
Figure 40 Export Data for HS Code 8604-Compliant Products, by Country, 2021-2024 (USD Million)
Figure 41 Import Data for HS Code 8603-Compliant Products, by Country, 2021-2024 (USD Million)
Figure 42 Export Data for HS Code 8603-Compliant Products, by Country, 2021-2024 (USD Million)
Figure 43 Influence of Stakeholders on Buying Process for Top Three Product Types
Figure 44 Key Buying Criteria for Top Three Product Types
Figure 45 Rolling Stock Market, by Product Type, 2025-2032 (USD Million)
Figure 46 Electric Locomotives to be Dominant During Forecast Period
Figure 47 Electric Multiple Units to be Dominant During Forecast Period
Figure 48 Rolling Stock Market, by Locomotive Technology, 2025-2032 (USD Million)
Figure 49 Rolling Stock Market, by Application, 2025-2032 (USD Million)
Figure 50 Coaches to be Dominant in Passenger Transportation Segment During Forecast Period
Figure 51 Wagons to be Dominant in Freight Transportation Segment During Forecast Period
Figure 52 Rolling Stock Market, by Region, 2025-2032 (USD Million)
Figure 53 Asia Oceania: Real GDP Growth Rate, by Country, 2024-2026
Figure 54 Asia Oceania: GDP Per Capita, by Country, 2024-2026
Figure 55 Asia Oceania: Inflation Rate Average Consumer Prices, by Country, 2024-2026
Figure 56 Asia Oceania: Manufacturing Industry Contribution to GDP, by Country, 2024
Figure 57 Asia Oceania: Rolling Stock Market Snapshot
Figure 58 Europe: Real GDP Growth Rate, by Country, 2024-2026
Figure 59 Europe: GDP Per Capita, by Country, 2024-2026
Figure 60 Europe: Inflation Rate Average Consumer Prices, by Country, 2024-2026
Figure 61 Europe: Manufacturing Industry Contribution to GDP, by Country, 2024
Figure 62 Europe: Rolling Stock Market Snapshot
Figure 63 North America: Real GDP Growth Rate, by Country, 2024-2026
Figure 64 North America: GDP Per Capita, by Country, 2024-2026
Figure 65 North America: Cpi Inflation Rate, by Country, 2024-2026
Figure 66 North America: Manufacturing Industry Contribution to GDP, by Country, 2024
Figure 67 North America: Rolling Stock Market Snapshot
Figure 68 Middle East & Africa: Real GDP Growth Rate, by Country, 2024-2026
Figure 69 Middle East & Africa: GDP Per Capita, by Country, 2024-2026
Figure 70 Middle East & Africa: Cpi Inflation Rate, by Country, 2024-2026
Figure 71 Middle East & Africa: Manufacturing Industry Contribution to GDP, by Country, 2024
Figure 72 Middle East & Africa: Rolling Stock Market, by Country, 2025-2032 (USD Million)
Figure 73 Rest of the World: Real GDP Growth Rate, 2024-2026
Figure 74 Rest of the World: GDP Per Capita, 2024-2026
Figure 75 Rest of the World: Cpi Inflation Rate, 2024-2026
Figure 76 Rest of the World: Manufacturing Industry Contribution to GDP, by Country, 2024
Figure 77 Rest of the World: Rolling Stock Market, by Country, 2025-2032 (USD Million)
Figure 78 Market Share Analysis of Key Players, 2024
Figure 79 Revenue Analysis of Top Five Players, 2020-2024
Figure 80 Company Valuation (USD Billion)
Figure 81 Financial Metrics (EV/EBITDA)
Figure 82 Brand/Product Comparison
Figure 83 Company Evaluation Matrix (Key Players), 2024
Figure 84 Company Footprint
Figure 85 Company Evaluation Matrix (Start-Ups/SMEs), 2024
Figure 86 Crrc Corporation Limited: Company Snapshot
Figure 87 Siemens AG: Company Snapshot
Figure 88 Alstom SA: Company Snapshot
Figure 89 Alstom SA: New Business Opportunity Space
Figure 90 Stadler Rail AG: Company Snapshot
Figure 91 Stadler Rail AG: Future Strategy Overview
Figure 92 Wabtec Corporation: Company Snapshot
Figure 93 Wabtec Corporation: North American Locomotives Market Snapshot
Figure 94 Kawasaki Heavy Industries, Ltd.: Company Snapshot
Figure 95 Caf Group: Company Snapshot
Figure 96 Hyundai Rotem Company: Company Snapshot
Figure 97 Mitsubishi Heavy Industries, Ltd.: Company Snapshot
Figure 98 Talgo: Company Snapshot
Figure 99 Titagarh Rail Systems Limited: Company Snapshot