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Railway Equipment-Global Market Insights and Sales Trends 2025
Synopsis
Railway equipment are involved in locomotives, passenger rail cars, freight rail cars, subway, signal, infrastructure and other parts used in operating railroads. The railway equipment industry has become the pivot for economic developments across several countries worldwide. The demand for this equipment has intensified owing to the rising volume of transported products and the expansion of the distance covered by logistics vehicles.
The global Railway Equipment market size is expected to reach US$ 189760 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Railway Equipment in various end use industries. The expanding demands from the Locomotives, DMUs, EMUs and Freight Vehicles, are propelling Railway Equipment market. Rolling Stock, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Railway Infrastructure segment is estimated at % CAGR for the next seven-year period.
Global Railway Equipment key players include CRRC, Alstom, Siemens, Hitachi and Wabtec. Global top five manufacturers hold a share over 30%.
China is the largest market, with a share over 30%, followed by Europe and United States, both have a share over 40% percent.
In terms of product, Rolling Stock is the largest segment, with a share over 50%. And in terms of application, the largest application is Locomotives, followed by EMUs.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Railway Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Railway Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Railway Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Railway Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Railway Equipment covered in this report include CRRC, Alstom, Hitachi, Siemens, Wabtec, TMH, Stadler Rai, Knorr-Bremse and Greenbrier, etc.
The global Railway Equipment market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CRRC
Alstom
Hitachi
Siemens
Wabtec
TMH
Stadler Rai
Knorr-Bremse
Greenbrier
CAF
Trinity Industries
Voestalpine
CRECG
CRSC
Bombardier
Global Railway Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Railway Equipment market, Segment by Type:
Rolling Stock
Railway Infrastructure
Others
Global Railway Equipment market, by Application
Locomotives
DMUs
EMUs
Freight Vehicles
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Railway Equipment companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Railway equipment are involved in locomotives, passenger rail cars, freight rail cars, subway, signal, infrastructure and other parts used in operating railroads. The railway equipment industry has become the pivot for economic developments across several countries worldwide. The demand for this equipment has intensified owing to the rising volume of transported products and the expansion of the distance covered by logistics vehicles.
The global Railway Equipment market size is expected to reach US$ 189760 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Railway Equipment in various end use industries. The expanding demands from the Locomotives, DMUs, EMUs and Freight Vehicles, are propelling Railway Equipment market. Rolling Stock, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Railway Infrastructure segment is estimated at % CAGR for the next seven-year period.
Global Railway Equipment key players include CRRC, Alstom, Siemens, Hitachi and Wabtec. Global top five manufacturers hold a share over 30%.
China is the largest market, with a share over 30%, followed by Europe and United States, both have a share over 40% percent.
In terms of product, Rolling Stock is the largest segment, with a share over 50%. And in terms of application, the largest application is Locomotives, followed by EMUs.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Railway Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Railway Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Railway Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Railway Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Railway Equipment covered in this report include CRRC, Alstom, Hitachi, Siemens, Wabtec, TMH, Stadler Rai, Knorr-Bremse and Greenbrier, etc.
The global Railway Equipment market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CRRC
Alstom
Hitachi
Siemens
Wabtec
TMH
Stadler Rai
Knorr-Bremse
Greenbrier
CAF
Trinity Industries
Voestalpine
CRECG
CRSC
Bombardier
Global Railway Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Railway Equipment market, Segment by Type:
Rolling Stock
Railway Infrastructure
Others
Global Railway Equipment market, by Application
Locomotives
DMUs
EMUs
Freight Vehicles
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Railway Equipment companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Railway Equipment
1.1 Railway Equipment Market Overview
1.1.1 Railway Equipment Product Scope
1.1.2 Railway Equipment Market Status and Outlook
1.2 Global Railway Equipment Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Railway Equipment Market Size by Region (2018-2029)
1.4 Global Railway Equipment Historic Market Size by Region (2018-2023)
1.5 Global Railway Equipment Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Railway Equipment Market Size (2018-2029)
1.6.1 North America Railway Equipment Market Size (2018-2029)
1.6.2 Europe Railway Equipment Market Size (2018-2029)
1.6.3 Asia-Pacific Railway Equipment Market Size (2018-2029)
1.6.4 Latin America Railway Equipment Market Size (2018-2029)
1.6.5 Middle East & Africa Railway Equipment Market Size (2018-2029)
2 Railway Equipment Market by Type
2.1 Introduction
2.1.1 Rolling Stock
2.1.2 Railway Infrastructure
2.1.3 Others
2.2 Global Railway Equipment Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Railway Equipment Historic Market Size by Type (2018-2023)
2.2.2 Global Railway Equipment Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Railway Equipment Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Railway Equipment Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Railway Equipment Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Railway Equipment Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Railway Equipment Revenue Breakdown by Type (2018-2029)
3 Railway Equipment Market Overview by Application
3.1 Introduction
3.1.1 Locomotives
3.1.2 DMUs
3.1.3 EMUs
3.1.4 Freight Vehicles
3.1.5 Others
3.2 Global Railway Equipment Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Railway Equipment Historic Market Size by Application (2018-2023)
3.2.2 Global Railway Equipment Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Railway Equipment Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Railway Equipment Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Railway Equipment Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Railway Equipment Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Railway Equipment Revenue Breakdown by Application (2018-2029)
4 Railway Equipment Competition Analysis by Players
4.1 Global Railway Equipment Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Railway Equipment as of 2022)
4.3 Date of Key Players Enter into Railway Equipment Market
4.4 Global Top Players Railway Equipment Headquarters and Area Served
4.5 Key Players Railway Equipment Product Solution and Service
4.6 Competitive Status
4.6.1 Railway Equipment Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 CRRC
5.1.1 CRRC Profile
5.1.2 CRRC Main Business
5.1.3 CRRC Railway Equipment Products, Services and Solutions
5.1.4 CRRC Railway Equipment Revenue (US$ Million) & (2018-2023)
5.1.5 CRRC Recent Developments
5.2 Alstom
5.2.1 Alstom Profile
5.2.2 Alstom Main Business
5.2.3 Alstom Railway Equipment Products, Services and Solutions
5.2.4 Alstom Railway Equipment Revenue (US$ Million) & (2018-2023)
5.2.5 Alstom Recent Developments
5.3 Hitachi
5.3.1 Hitachi Profile
5.3.2 Hitachi Main Business
5.3.3 Hitachi Railway Equipment Products, Services and Solutions
5.3.4 Hitachi Railway Equipment Revenue (US$ Million) & (2018-2023)
5.3.5 Siemens Recent Developments
5.4 Siemens
5.4.1 Siemens Profile
5.4.2 Siemens Main Business
5.4.3 Siemens Railway Equipment Products, Services and Solutions
5.4.4 Siemens Railway Equipment Revenue (US$ Million) & (2018-2023)
5.4.5 Siemens Recent Developments
5.5 Wabtec
5.5.1 Wabtec Profile
5.5.2 Wabtec Main Business
5.5.3 Wabtec Railway Equipment Products, Services and Solutions
5.5.4 Wabtec Railway Equipment Revenue (US$ Million) & (2018-2023)
5.5.5 Wabtec Recent Developments
5.6 TMH
5.6.1 TMH Profile
5.6.2 TMH Main Business
5.6.3 TMH Railway Equipment Products, Services and Solutions
5.6.4 TMH Railway Equipment Revenue (US$ Million) & (2018-2023)
5.6.5 TMH Recent Developments
5.7 Stadler Rai
5.7.1 Stadler Rai Profile
5.7.2 Stadler Rai Main Business
5.7.3 Stadler Rai Railway Equipment Products, Services and Solutions
5.7.4 Stadler Rai Railway Equipment Revenue (US$ Million) & (2018-2023)
5.7.5 Stadler Rai Recent Developments
5.8 Knorr-Bremse
5.8.1 Knorr-Bremse Profile
5.8.2 Knorr-Bremse Main Business
5.8.3 Knorr-Bremse Railway Equipment Products, Services and Solutions
5.8.4 Knorr-Bremse Railway Equipment Revenue (US$ Million) & (2018-2023)
5.8.5 Knorr-Bremse Recent Developments
5.9 Greenbrier
5.9.1 Greenbrier Profile
5.9.2 Greenbrier Main Business
5.9.3 Greenbrier Railway Equipment Products, Services and Solutions
5.9.4 Greenbrier Railway Equipment Revenue (US$ Million) & (2018-2023)
5.9.5 Greenbrier Recent Developments
5.10 CAF
5.10.1 CAF Profile
5.10.2 CAF Main Business
5.10.3 CAF Railway Equipment Products, Services and Solutions
5.10.4 CAF Railway Equipment Revenue (US$ Million) & (2018-2023)
5.10.5 CAF Recent Developments
5.11 Trinity Industries
5.11.1 Trinity Industries Profile
5.11.2 Trinity Industries Main Business
5.11.3 Trinity Industries Railway Equipment Products, Services and Solutions
5.11.4 Trinity Industries Railway Equipment Revenue (US$ Million) & (2018-2023)
5.11.5 Trinity Industries Recent Developments
5.12 Voestalpine
5.12.1 Voestalpine Profile
5.12.2 Voestalpine Main Business
5.12.3 Voestalpine Railway Equipment Products, Services and Solutions
5.12.4 Voestalpine Railway Equipment Revenue (US$ Million) & (2018-2023)
5.12.5 Voestalpine Recent Developments
5.13 CRECG
5.13.1 CRECG Profile
5.13.2 CRECG Main Business
5.13.3 CRECG Railway Equipment Products, Services and Solutions
5.13.4 CRECG Railway Equipment Revenue (US$ Million) & (2018-2023)
5.13.5 CRECG Recent Developments
5.14 CRSC
5.14.1 CRSC Profile
5.14.2 CRSC Main Business
5.14.3 CRSC Railway Equipment Products, Services and Solutions
5.14.4 CRSC Railway Equipment Revenue (US$ Million) & (2018-2023)
5.14.5 CRSC Recent Developments
5.15 Bombardier
5.15.1 Bombardier Profile
5.15.2 Bombardier Main Business
5.15.3 Bombardier Railway Equipment Products, Services and Solutions
5.15.4 Bombardier Railway Equipment Revenue (US$ Million) & (2018-2023)
5.15.5 Bombardier Recent Developments
6 North America
6.1 North America Railway Equipment Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Railway Equipment Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Railway Equipment Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Railway Equipment Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Railway Equipment Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Railway Equipment Market Dynamics
11.1 Railway Equipment Industry Trends
11.2 Railway Equipment Market Drivers
11.3 Railway Equipment Market Challenges
11.4 Railway Equipment Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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