The Latest Rolling Stock Industry Statistics Explained
The global rolling stock market was valued at USD 58.7 billion in 2020.
The statistic “The global rolling stock market was valued at USD 58.7 billion in 2020” indicates the total market value of all passenger and freight railroad vehicles and equipment sold worldwide in 2020. This figure serves as a key indicator of the size and financial performance of the rolling stock industry. The value reflects the collective worth of trains, locomotives, railcars, and associated components and services bought and sold by manufacturers, operators, and other stakeholders in the global rail transportation sector during the specified year. This statistic is crucial for investors, industry analysts, policymakers, and other stakeholders to assess the overall health and growth potential of the rolling stock market and to make informed decisions regarding investments, policies, and strategies related to the rail industry.
Asia-Pacific is expected to wind up as the largest market with a market share of approximately 41.8% in the forecast period.
This statistic indicates that the Asia-Pacific region is projected to have the highest market share among all regions in the forecast period, accounting for approximately 41.8% of the total market. This suggests that businesses operating or looking to expand in the Asia-Pacific region may have significant growth opportunities compared to other regions. The forecasted market share also highlights the importance of the Asia-Pacific market in the global economy and potentially signals a trend of increased economic activity and consumer demand in this region. As such, companies may consider focusing their investment and marketing strategies towards capturing a share of this growing market to capitalize on the projected opportunities for business expansion and profitability.
North America is projected to witness an annual growth rate of more than 4% through 2027.
The statistic indicates that North America is expected to experience a steady increase in growth at a rate exceeding 4% per year up to the year 2027. This projection suggests that the economic activity and development in the region are anticipated to be relatively robust and promising over the next several years. Such growth could be driven by various factors such as technological advancements, consumer demand, investment opportunities, and policy initiatives, fostering a favorable environment for economic expansion and prosperity in North America. This statistic highlights a positive outlook for the region’s future economic performance and potential opportunities for businesses and investors operating within North America.
Europe will account for almost 120 thousand newly delivered railway vehicles by the end of 2026.
The statistic suggests that Europe is expected to see a significant increase in the number of newly delivered railway vehicles by the end of 2026, with a projected total of almost 120 thousand units. This indicates a robust growth trend in the railway sector within the region, potentially driven by a variety of factors such as investments in infrastructure development, increasing demand for public transportation, and advancements in technology. The substantial number of new railway vehicles being delivered highlights the importance of the rail industry in Europe and points towards a promising outlook for the sector in the coming years.
The electric rolling stock segment accounted for the largest share of more than 60% in 2019.
The statistic indicates that within the transportation industry, specifically in the category of electric rolling stock, this segment comprised the most significant portion of the market at over 60% in the year 2019. This suggests that electric rolling stock, which includes electric trains and tramways, was the dominant sector within the broader transportation industry during that year. This information highlights the growing importance and adoption of electric modes of transport within the industry, potentially due to the increasing emphasis on sustainability and environmental consciousness, as well as advancements in electric vehicle technology.
Diesel locomotive rolling stock market is predicted to grow at a CAGR of over 3% in-between 2021 and 2027.
The statement suggests that the market for diesel locomotive rolling stock is expected to experience steady growth over the period between 2021 and 2027. The Compound Annual Growth Rate (CAGR) of over 3% indicates that on average, the market is anticipated to increase by more than 3% each year during this timeframe. This growth rate is a positive indicator of the potential expansion of the market for diesel locomotive rolling stock, reflecting increasing demand, investments, and potentially technological advancements within the industry. Such growth projections can be valuable for stakeholders in terms of strategic planning, decision-making, and investment opportunities in the diesel locomotive sector.
High-speed train segment is expected to register a CAGR of nearly 5.41% during the forecast period (2020-2025).
The statistic provided indicates that the high-speed train segment is projected to experience a Compound Annual Growth Rate (CAGR) of approximately 5.41% between 2020 and 2025. This suggests that the market for high-speed trains is expected to grow steadily at an annual rate of 5.41% over the forecast period. A higher CAGR signifies a faster rate of growth, indicating a promising future for the high-speed train industry. This statistic is essential for stakeholders such as investors, policymakers, and industry players, providing insight into the anticipated trajectory of the high-speed train market and enabling informed decision-making and strategic planning.
Commuter trains segment is expected to hold around 31% market share by 2026.
The statistic indicates that, based on current trends and projections, commuter trains are forecasted to have a market share of approximately 31% in the transportation sector by the year 2026. This suggests that commuter trains as a mode of transport are expected to have a significant presence and influence in the industry, capturing a considerable portion of the market. The data may be useful for stakeholders and policymakers to understand the growing popularity and usage of commuter trains as a sustainable and efficient transportation option, potentially guiding future investment decisions and infrastructure planning to further support and expand this segment.
The global rolling stock management market is projected to reach USD 62.8 billion by 2025 from an estimated USD 42.8 billion in 2019.
This statistic indicates the projected growth of the global rolling stock management market from 2019 to 2025. The data suggests that the market is estimated to increase in value from USD 42.8 billion in 2019 to reach USD 62.8 billion by 2025. This represents a substantial growth of USD 20 billion over the six-year period, signifying a significant expansion within the industry. Factors such as technological advancements, increasing demand for efficient rail transportation, and infrastructure development initiatives are likely contributing to this anticipated market growth.
The freight wagons segment was worth USD 15.6 billion in 2019.
This statistic indicates that the total value of the freight wagons segment, specifically referring to the market size or revenue generated by freight wagons, amounted to USD 15.6 billion in the year 2019. This figure represents the combined value of all freight wagons sold or operated during that period, and serves as a key indicator of the economic significance and scale of the freight wagons industry within the transportation sector. The statistic implies a substantial market opportunity and demand for freight wagons, reflecting the importance of goods transportation by rail in various industries and regions.
The market for autonomous trains (a subset of the rolling stock industry) is projected to grow at a compound annual growth rate (CAGR) of 4.4% from 2018 to 2030.
The statistic provided indicates that the market for autonomous trains, which are a subset of the rolling stock industry, is expected to experience steady growth over the period from 2018 to 2030. The compound annual growth rate (CAGR) of 4.4% suggests that the market is projected to increase at a consistent average rate of 4.4% per year during this period. This growth rate signifies a positive trend in demand for autonomous trains, reflecting potential advancements in technology, increasing investments in infrastructure, and a shift towards automation in the transportation sector. The projection of a 4.4% CAGR indicates a promising outlook for the autonomous train market, indicating opportunities for industry players and potential benefits for stakeholders involved in this sector.
The railway system market (including rolling stock), in terms of value, is projected to grow at a CAGR of 5.2% from 2019 to 2025.
This statistic indicates that the value of the railway system market, which includes both infrastructure and rolling stock, is expected to increase at a Compound Annual Growth Rate (CAGR) of 5.2% from the year 2019 to 2025. This means that the market value is projected to show a steady annual growth rate of 5.2% over the specified time period. Such growth suggests a positive outlook for the railway industry, indicating potential opportunities for expansion, increased investments, and overall industry development market-wide.
The light rail segment is expected to reach above USD 2 billion by 2026.
This statistic indicates that the projected cost of the light rail segment is anticipated to exceed $2 billion by the year 2026. This information suggests that significant financial resources will be allocated towards the development, construction, and operation of the light rail infrastructure. The figure serves as a financial forecast and underscores the substantial investment required for the project. It is crucial for stakeholders, policymakers, and investors to be aware of this estimated cost to ensure proper planning, funding, and oversight of the light rail segment to meet its financial objectives and operational requirements by 2026.
The freight application segment is estimated to lead the rolling stock power conversion system market from 2021 to 2026.
In the context of the rolling stock power conversion system market between 2021 and 2026, the statement indicates that the freight application segment is expected to have the highest market share or revenue generation compared to other segments. This suggests that within this specific market, the freight sector is anticipated to be the primary driving force behind the demand and adoption of power conversion systems for rolling stock. This could be due to various factors such as increased freight transportation services, investments in railway infrastructure, or technological advancements specifically targeted towards improving efficiency and performance in the freight segment.
Russia dominated the rolling stock market in Europe and held a share of more than 20% in 2019.
This statistic indicates that Russia had a significant presence and influence in the rolling stock market in Europe in 2019, controlling more than 20% of the market share. This suggests that Russian companies were major players in supplying trains, locomotives, and other rolling stock to European countries during that year. The dominance of Russia in this market signifies a strong competitive advantage and a considerable level of market penetration, showcasing their manufacturing capabilities, technology, and overall competitiveness in the railway industry within Europe.
The monorail systems market (part of the rolling stock industry) is expected to grow at a CAGR of 21.9% between 2018 and 2025.
The statistic suggests that the monorail systems market, a segment within the rolling stock industry, is projected to experience significant growth over the specified time period. The Compound Annual Growth Rate (CAGR) of 21.9% indicates the average annual growth rate expected in the market between 2018 and 2025. This high CAGR implies a strong upward trend in the demand for monorail systems, likely driven by factors such as urbanization, population growth, and increasing investments in transportation infrastructure. The forecasted growth rate highlights the potential opportunities for businesses operating in the monorail systems market to expand their operations and capitalize on the growing market demand during the specified timeframe.
China’s rolling stock production value was around RMB 180 billion yuan in 2018.
The statistic “China’s rolling stock production value was around RMB 180 billion yuan in 2018” indicates the total value of rolling stock, such as trains and railway equipment, produced in China during the year 2018. This figure reflects the economic impact of the rolling stock manufacturing industry in China and demonstrates the significant investment and output in this sector. The production value of RMB 180 billion yuan suggests a substantial contribution to the national economy, as well as pointing to the scale and importance of the transportation infrastructure sector within China.
References
0. – https://www.www.statista.com
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