North America rolling stock market is projected to register a CAGR of 3.7% 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:
North America Rolling Stock Market, By Product Type (Wagons, Coaches, Locomotives and Rapid Transit), Locomotive Technology (Turbocharged Locomotives, Conventional Locomotives and Maglev), Components (Traction Motor, Auxiliary Power System, Wheelset, Axle, Pantograph, Air Conditioning System, Passenger Information System and Others), Application (Passenger Transportation and Freight Transportation), Country (U.S., Canada and Mexico) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the North America rolling stock market are:
• Increasing focus towards electric rolling stock adoption is driving the market growth.
• Strong supporting infrastructure for freight transportation is augmenting the market growth.
Market Players
Some of the major players operating in the North America rolling stock market are:
• CRRC Corporation Limited
• Wabtec Corporation
• Bombardier
• Alstom
• Stadler Rail AG
• CAF, Construcciones y Auxiliar de Ferrocarriles, S.A
• ABB
• American Industrial Transport, Inc.,
• Caterpillar
• Hitachi, Ltd.
• HYUNDAI ROTEM COMPANY
• Kawasaki Heavy Industries, Ltd
• Mitsubishi Electric Corporation
• National Steel Car Limited.
• PATENTES TALGO S.L.U.
• Siemens
• Toshiba Infrastructure Systems & Solutions Corporation
• Woojin Industrial Systems, Co., Ltd.