Europe rolling stock market is projected to register a CAGR of 4.1% 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
Europe 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 (Germany, France, U.K., Italy, Spain, Netherlands, Switzerland, Belgium, Russia, Turkey, Rest of Europe) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the Europe rolling stock market are:
• Increasing adoption of digital technologies in rolling stock operations
• Growing demand for the high speed trains
Market Players
The major players operating in the Europe rolling stock market are:
• CRRC Corporation Limited
• Wabtec Corporation
• Bombardier
• Alstom
• Stadler Rail AG
• CAF, Construcciones y Auxiliar de Ferrocarriles, S.A.
• ABB
• Caterpillar
• Hitachi, Ltd.
• HYUNDAI ROTEM COMPANY
• Kawasaki Heavy Industries, Ltd.
• Mitsubishi Electric Corporation
• PATENTES TALGO S.L.U.
• Siemens
• TRANSMASHHOLDING