Middle East and Africa rolling stock market is projected to register a CAGR of 2.9% 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

Middle East and Africa 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 (U.A.E, South Africa, Saudi Arabia, Egypt, Israel , Rest of Middle East and Africa) Industry Trends and Forecast to 2027

Some of the major factors contributing to the growth of the Middle East and Africa rolling stock market are:

• Increasing adoption digital technologies in rolling stock operations is driving the market growth.

• Growing demand for the high speed trains

Market Players

Some of the major players operating in the Middle East and Africa rolling stock market are:

• CRRC Corporation Limited
• Wabtec Corporation
• Bombardier
• Alstom
• ABB
• Caterpillar
• Hitachi, Ltd.,
• Mitsubishi Electric Corporation
• PATENTES TALGO S.L.U.
• Siemens