The Europe Rolling Stock Market would witness market growth of 4.5% CAGR during the forecast period (2023-2030).
They play a critical role in trade by connecting landlocked regions to ports and facilitating the movement of goods across borders. The freight trains contribute to the development of trade networks. The implementation of digital technologies is transforming the market. Smart railways leverage sensors, Internet of Things (IoT) devices, and connectivity to enhance operational efficiency and passenger experience. Real-time monitoring, predictive maintenance, and data analytics provide safer and more reliable rail services. Countries are investing in high-speed rail infrastructure to reduce travel times between major cities, enhance connectivity, and provide a competitive alternative to air travel. Ongoing projects and plans for new HSR lines indicate a sustained focus on high-speed rail development.
The shift towards electrification is a significant trend in the market. Electric trains, powered by overhead wires or third rails, are becoming more prevalent due to their environmental benefits and operational efficiency. Additionally, there is a growing interest in alternative propulsion technologies, including hydrogen fuel cells and battery-electric trains, aiming to reduce dependence on traditional diesel-powered locomotives. Sustainability is a key driver influencing the stock trends.
Spain features the AVE, one of the world’s most comprehensive high-speed rail networks. Major cities in Spain, including Madrid, Barcelona, and Valencia, have been expanding their urban rail and metro networks. The market in Spain is characterized by integrating modern technologies, including digitalization, automation, and smart systems. Spain’s rail network is part of the larger European rail system. Spain is a popular tourist destination, and rail services significantly transport tourists between major cities and tourist attractions. The renewal of aging stock is a common trend in many rails industry, including Spain. Spain has a strong tradition of manufacturing of these stocks, with companies like Talgo and CAF (Construcciones y Auxiliar de Ferrocarriles) being key players. Thus, all these factors will uplift the regional market’s expansion in the coming years.
The Germany market dominated the Europe Rolling Stock Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,546.5 Million by 2030. The UK market is exhibiting a CAGR of 3.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.2% during (2023 - 2030).
Free Valuable Insights: The Global Rolling Stock Market will Hit USD 81.3 Billion by 2030, at a CAGR of 5.2%
Based on Type, the market is segmented into Diesel, and Electric. Based on Product, the market is segmented into Wagon, Rapid Transport, and Locomotive. Based on Train Type, the market is segmented into Rail Freight, and Passenger Rail. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Alstom SA (Alstom Transport)
- Kawasaki Heavy Industries, Ltd.
- Siemens AG (Siemens Mobility)
- Wabtec Corporation (GE Transportation)
- Hitachi, Ltd. (Hitachi Rail Systems)
- CRRC Corporation Limited
- Hyundai Motor Company (Hyundai Rotem Company)
- IHI Corporation (Dai-ichi Life)
- Mitsubishi Heavy Industries Ltd. (Mitsubishi Power, Ltd.)
- Trinity Industries, Inc. (TrinityRail)
Europe Rolling Stock Market Report Segmentation
By Type
By Product
- Wagon
- Rapid Transport
- Locomotive
By Train Type
- Rail Freight
- Passenger Rail
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe Rolling Stock Market, 2019 - 2022, USD Million
TABLE 2 Europe Rolling Stock Market, 2023 - 2030, USD Million
TABLE 3 Europe Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 4 Europe Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 5 Europe Diesel Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Diesel Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Electric Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Electric Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 10 Europe Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 11 Europe Wagon Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Wagon Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Rapid Transport Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Rapid Transport Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Locomotive Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Locomotive Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 18 Europe Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 19 Europe Rail Freight Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Rail Freight Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Passenger Rail Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Passenger Rail Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Rolling Stock Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Rolling Stock Market by Country, 2023 - 2030, USD Million
TABLE 25 Germany Rolling Stock Market, 2019 - 2022, USD Million
TABLE 26 Germany Rolling Stock Market, 2023 - 2030, USD Million
TABLE 27 Germany Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 28 Germany Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 29 Germany Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 30 Germany Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 31 Germany Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 32 Germany Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 33 UK Rolling Stock Market, 2019 - 2022, USD Million
TABLE 34 UK Rolling Stock Market, 2023 - 2030, USD Million
TABLE 35 UK Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 36 UK Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 37 UK Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 38 UK Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 39 UK Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 40 UK Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 41 France Rolling Stock Market, 2019 - 2022, USD Million
TABLE 42 France Rolling Stock Market, 2023 - 2030, USD Million
TABLE 43 France Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 44 France Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 45 France Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 46 France Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 47 France Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 48 France Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 49 Russia Rolling Stock Market, 2019 - 2022, USD Million
TABLE 50 Russia Rolling Stock Market, 2023 - 2030, USD Million
TABLE 51 Russia Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 52 Russia Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 53 Russia Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 54 Russia Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 55 Russia Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 56 Russia Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 57 Spain Rolling Stock Market, 2019 - 2022, USD Million
TABLE 58 Spain Rolling Stock Market, 2023 - 2030, USD Million
TABLE 59 Spain Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 60 Spain Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 61 Spain Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 62 Spain Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 63 Spain Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 64 Spain Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 65 Italy Rolling Stock Market, 2019 - 2022, USD Million
TABLE 66 Italy Rolling Stock Market, 2023 - 2030, USD Million
TABLE 67 Italy Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 68 Italy Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 69 Italy Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 70 Italy Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 71 Italy Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 72 Italy Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 73 Rest of Europe Rolling Stock Market, 2019 - 2022, USD Million
TABLE 74 Rest of Europe Rolling Stock Market, 2023 - 2030, USD Million
TABLE 75 Rest of Europe Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 76 Rest of Europe Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 77 Rest of Europe Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 78 Rest of Europe Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 79 Rest of Europe Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 80 Rest of Europe Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 81 Key Information – Alstom SA
TABLE 82 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 83 Key Information – Siemens AG
TABLE 84 Key information – Wabtec Corporation
TABLE 85 Key Information – Hitachi ltd.
TABLE 86 Key Information – CRRC Corporation Limited
TABLE 87 key Information – Hyundai Motor Company
TABLE 88 Key information – IHI Corporation
TABLE 89 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 90 Key Information – Trinity Industries, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Rolling Stock Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Rolling Stock Market
FIG 4 Porter’s Five Forces Analysis - Rolling Stock Market
FIG 5 Europe Rolling Stock Market share by Type, 2022
FIG 6 Europe Rolling Stock Market share by Type, 2030
FIG 7 Europe Rolling Stock Market by Type, 2019 - 2030, USD Million
FIG 8 Europe Rolling Stock Market share by Product, 2022
FIG 9 Europe Rolling Stock Market share by Product, 2030
FIG 10 Europe Rolling Stock Market by Product, 2019 - 2030, USD Million
FIG 11 Europe Rolling Stock Market share by Train Type, 2022
FIG 12 Europe Rolling Stock Market share by Train Type, 2030
FIG 13 Europe Rolling Stock Market by Train Type, 2019 - 2030, USD Million
FIG 14 Europe Rolling Stock Market share by Country, 2022
FIG 15 Europe Rolling Stock Market share by Country, 2030
FIG 16 Europe Rolling Stock Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Alstom SA
FIG 18 SWOT Analysis: Kawasaki Heavy Industries, Ltd.
FIG 19 SWOT Analysis: Siemens AG
FIG 20 Swot Analysis: Wabtec Corporation
FIG 21 Swot Analysis: Hitachi, Ltd.
FIG 22 Swot Analysis: CRRC Corporation Limited
FIG 23 Swot Analysis: Hyundai Motor Company
FIG 24 Swot Analysis: IHI Corporation
FIG 25 Swot Analysis: Mitsubishi Heavy Industries Ltd.
FIG 26 Swot Analysis: Trinity Industries, Inc.