Rolling Stock Market Size, Share, Growth | Outlook [2030]
The global rolling stock market, by value, is estimated to be USD 28.6 billion in 2024 and is projected to reach USD 40.1 billion by 2030, at a CAGR of 5.8% from 2024 to 2030.
Development in the hybrid trains is providing opportunities for the market growth. Train with hydrogen or battery drive technologies are still on the way to the market and offer much more sustainable and flexible alternatives...
Rolling Stock Market Insights, Forecast to 2027
The global Rolling Stock Market is estimated to be $53.8 billion in 2022 and is projected to reach $64.8 billion by 2027, growing at a CAGR of 3.8% from 2022 to 2027.
The growth of the rolling stock market can be attributed to the factors such as increasing urbanization, increasing traffic congestion, rising demand for comfortable journeys and growing preference for shorter journey times. Moreover,...