Rolling Stock Market Outlook, Size, Share, Report Forecast 2030
The global rolling stock market share, 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. Rolling stock manufacturers are investing in R&D to develop emission-free trains which include battery-electric propulsion systems, and hybrid configurations that combine multiple energy sources. Additionally, Governments...
Rolling Stock Market worth USD 65.6 billion by 2028
The global rolling stock market, by value, is estimated to be 54.6 USD billion in 2023 and is projected to reach 65.6 USD billion by 2028, at a CAGR of 3.8% from 2023 to 2028.
The market for rolling stock is expected to rise as a result of reasons including, the adoption of emissions-free transportation, and advantageous government policies including subsidies, rise in railway electrification.
Smart...
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,...