According to BlueWeave Consulting, the Global Rolling Stock Market is expected to grow with a significant rate during the forecast period 2019-2025 owing to the easy transportation with benefits like cost-effectiveness, reliability, and comfort. In some countries like the U.S., rolling stock term is also referred for the wheeled vehicles used by for businesses on roadways. Requisite for reduced traffic, cost efficiency and reliability has boosted the adoption of rolling stock for transportation of passengers, goods, and animals. Better speed and comfort offered by high-speed trains and maglev trains has driven passenger preference from conventional to advanced trains.

With the growing population in cities, demand for rapid urban transport is increasing which is driving the demand for rolling stocks. Several developed countries, as well as emerging countries, are focusing on expanding their rail network for a better standard of living and economic growth. Urban rail transit like metro and trams have emerged as reliable modes of city transport. Furthermore, government initiatives to promote public transport as a means of reducing traffic congestion and pollution is also boosting the global rolling stock market.

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Key Development:

  September 2018: CRRC Corporation Limited (CRRC) signed a strategic agreement with TÜV Rheinland to improve their collaborative services including international compliance testing and certification of rolling stocks.
  September 2018: Alstom received worth 315 million euro contract by the Mumbai Metro Rail Corporation Limited (MMRCL) for Mumbai Metro Line 3 to supply 248 metro cars
 March 2018: Siemens announced the investment of 200 million euros to start rolling stocks factory at Goole in the East Riding of Yorkshire, UK. The company got approval from the Orange County Transportation Authority to supply vehicles for the county’s Streetcar project.
Global Rolling Stock Market: Competitive Landscape

Companies such as Dell CRRC, Bombardier,  Alstom, Siemens, Kawasaki Heavy Industries, General Electric, Transmashholding, Stadler, Construcciones Y Auxiliar De Ferrocarriles (CAF), Hyundai Rotem, Mitsubishi Heavy Industries, Talgo, Hitachi, ABB, Toshiba, Woojin Industrial Systems, Thales Group, American Equipment Company, Chittaranjan Locomotive Works (CLW), and UGL are the leading players of rolling stock market across the globe.

Key Target Audience:

Market research and consulting firms
Industry associations
Global rolling stock manufacturers
Research organizations and consulting companies
Organizations, associations and alliances related to rolling stock market
Regulatory bodies
Railway organizations
Traders, distributors, and suppliers of rolling stock
Table Of Content:

Research Framework
Research Methodology
Executive Summary
Industry Insights
Global Rolling Stock Market Overview
North America Rolling Stock Market
Europe Rolling Stock Market
Asia Pacific Rolling Stock Market
Latin America Rolling Stock Market
Middle East & Africa Rolling Stock Market
Company Profile
Detailed Analysis of Table of Contents @ https://www.blueweaveconsulting.com/rolling-stock-market--bwc19252#TOC

Scope of the Report

By Product

Locomotives
Rapid Transit
Wagon
By Type

Diesel
Electric
By Application

Passenger Transportation
Freight Transportation
By Locomotive Technology

Conventional Locomotives
Turbocharged Locomotives
Maglev
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