Asia-Pacific rolling stock market is projected to register a CAGR of 4.6% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.

Market Segmentation:

Asia-Pacific Rolling Stock Market, By Product Type (Wagons, Coaches, Locomotives, Rapid Transit), Locomotive Technology (Turbocharged Locomotives, Conventional Locomotives, Maglev), Components (Traction Motor, Auxiliary Power System, Wheelset, Axle, Pantograph, Air Conditioning System, Passenger Information System), Application (Passenger Transportation, Freight Transportation), Country (China, India, South Korea, Australia, Japan, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2027


Some of the major factors contributing to the growth of the Asia-Pacific rolling stock market are:

• Growing industrialization and manufacturing facilities of rolling stocks is driving the market growth.

• Increasing demand for high speed trains in counties such as China, Japan and others is supplementing the market growth.


Market Players

Some of the major players operating in the Asia-Pacific rolling stock market are:

• CRRC Corporation Limited
• Wabtec Corporation
• Bombardier
• Alstom
• CAF
• Construcciones y Auxiliar de Ferrocarriles, S.A
• ABB
• Caterpillar
• Hitachi, Ltd.
• HYUNDAI ROTEM COMPANY
• JAPAN TRANSPORT ENGINEERING COMPANY
• Kawasaki Heavy Industries, Ltd
• Mitsubishi Electric Corporation
• Niigata Transys Co.,Ltd. (A Subsidiary of IHI Corporation)
• PATENTES TALGO S.L.U.
• Siemens
• Toshiba Infrastructure Systems & Solutions Corporation (A Subsidiary of TOSHIBA CORPORATION)
• Woojin Industrial Systems, Co., Ltd