The Latin America, Middle East and Africa Rolling Stock Market would witness market growth of 7.7% CAGR during the forecast period (2023-2030).
One of the primary catalysts for adopting these stocks is the state of a country’s railway infrastructure. Developed economies with well-established and extensive rail networks often have a higher adoption rate for rolling stock. On the other hand, emerging economies may face challenges related to insufficient or outdated infrastructure, necessitating significant investments to accommodate modern stocks. It is integral to transporting bulk commodities such as coal, minerals, agricultural products, and manufactured goods. Freight trains equipped with specialized wagons efficiently move large quantities of bulk cargo over long distances.
The seamless transfer of products between various modes of transport, like trains, trucks, and ships, constitutes intermodal transportation. These stock, particularly container trains, plays a key role in intermodal logistics, promoting efficient and integrated freight transport solutions. Commuter trains are a vital component of urban and suburban transportation networks, providing a reliable and efficient mode of transit for daily commuters. They connect residential areas with city centers, alleviating traffic congestion and decreasing the environmental impact of individual car commuting.
The expansion of suburban areas due to population growth creates a demand for commuter rail services connecting these areas to urban centers in Saudi Arabia. With a larger population, traffic congestion in Saudi Arabia tends to increase. This prompts a shift towards public transportation, including trains and metro systems in Saudi Arabia. With a larger population contributing to increased travel demand between major cities in Saudi Arabia, there is a need for high-speed rail connections. High-speed trains and associated stocks become vital for providing fast and efficient intercity transportation in Saudi Arabia. Saudi Arabia’s Vision 2030 emphasizes the development of a modern and integrated transportation system. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Rolling Stock Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,693.5 Million by 2030. The Argentina market is showcasing a CAGR of 8.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.4% during (2023 - 2030).
Free Valuable Insights: The Worldwide Rolling Stock Market is Projected to reach 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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)
LAMEA Rolling Stock Market Report Segmentation
By Type
By Product
- Wagon
- Rapid Transport
- Locomotive
By Train Type
- Rail Freight
- Passenger Rail
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Rolling Stock Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Rolling Stock Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 4 LAMEA Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 5 LAMEA Diesel Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Diesel Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Electric Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Electric Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 10 LAMEA Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 11 LAMEA Wagon Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Wagon Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Rapid Transport Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Rapid Transport Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Locomotive Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Locomotive Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 18 LAMEA Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 19 LAMEA Rail Freight Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Rail Freight Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Passenger Rail Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Passenger Rail Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Rolling Stock Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Rolling Stock Market by Country, 2023 - 2030, USD Million
TABLE 25 Brazil Rolling Stock Market, 2019 - 2022, USD Million
TABLE 26 Brazil Rolling Stock Market, 2023 - 2030, USD Million
TABLE 27 Brazil Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 28 Brazil Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 29 Brazil Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 30 Brazil Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 31 Brazil Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 32 Brazil Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 33 Argentina Rolling Stock Market, 2019 - 2022, USD Million
TABLE 34 Argentina Rolling Stock Market, 2023 - 2030, USD Million
TABLE 35 Argentina Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 36 Argentina Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 37 Argentina Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 38 Argentina Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 39 Argentina Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 40 Argentina Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 41 UAE Rolling Stock Market, 2019 - 2022, USD Million
TABLE 42 UAE Rolling Stock Market, 2023 - 2030, USD Million
TABLE 43 UAE Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 44 UAE Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 45 UAE Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 46 UAE Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 47 UAE Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 48 UAE Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 49 Saudi Arabia Rolling Stock Market, 2019 - 2022, USD Million
TABLE 50 Saudi Arabia Rolling Stock Market, 2023 - 2030, USD Million
TABLE 51 Saudi Arabia Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 52 Saudi Arabia Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 53 Saudi Arabia Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 57 South Africa Rolling Stock Market, 2019 - 2022, USD Million
TABLE 58 South Africa Rolling Stock Market, 2023 - 2030, USD Million
TABLE 59 South Africa Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 60 South Africa Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 61 South Africa Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 62 South Africa Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 63 South Africa Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 64 South Africa Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 65 Nigeria Rolling Stock Market, 2019 - 2022, USD Million
TABLE 66 Nigeria Rolling Stock Market, 2023 - 2030, USD Million
TABLE 67 Nigeria Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 68 Nigeria Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 69 Nigeria Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 70 Nigeria Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 71 Nigeria Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 72 Nigeria Rolling Stock Market by Train Type, 2023 - 2030, USD Million
TABLE 73 Rest of LAMEA Rolling Stock Market, 2019 - 2022, USD Million
TABLE 74 Rest of LAMEA Rolling Stock Market, 2023 - 2030, USD Million
TABLE 75 Rest of LAMEA Rolling Stock Market by Type, 2019 - 2022, USD Million
TABLE 76 Rest of LAMEA Rolling Stock Market by Type, 2023 - 2030, USD Million
TABLE 77 Rest of LAMEA Rolling Stock Market by Product, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Rolling Stock Market by Product, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Rolling Stock Market by Train Type, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA 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 LAMEA 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 LAMEA Rolling Stock Market share by Type, 2022
FIG 6 LAMEA Rolling Stock Market share by Type, 2030
FIG 7 LAMEA Rolling Stock Market by Type, 2019 - 2030, USD Million
FIG 8 LAMEA Rolling Stock Market share by Product, 2022
FIG 9 LAMEA Rolling Stock Market share by Product, 2030
FIG 10 LAMEA Rolling Stock Market by Product, 2019 - 2030, USD Million
FIG 11 LAMEA Rolling Stock Market share by Train Type, 2022
FIG 12 LAMEA Rolling Stock Market share by Train Type, 2030
FIG 13 LAMEA Rolling Stock Market by Train Type, 2019 - 2030, USD Million
FIG 14 LAMEA Rolling Stock Market share by Country, 2022
FIG 15 LAMEA Rolling Stock Market share by Country, 2030
FIG 16 LAMEA 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.