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Global Railway Equipment Market 2025 by Company, Regions, Type and Application, Forecast to 2029
Synopsis
The global Railway Equipment market size was valued at USD 142090 million in 2022 and is forecast to a readjusted size of USD 188920 million by 2029 with a CAGR of 4.2% during review period.
Railway equipment are involved in locomotives, passenger rail cars, freight rail cars, subway, signal, infrastructure and other parts used in operating railroads. The railway equipment industry has become the pivot for economic developments across several countries worldwide. The demand for this equipment has intensified owing to the rising volume of transported products and the expansion of the distance covered by logistics vehicles.
Global Railway Equipment key players include CRRC, Alstom, Siemens, Hitachi and Wabtec. Global top five manufacturers hold a share over 30%.
China is the largest market, with a share over 30%, followed by Europe and United States, both have a share over 40% percent.
In terms of product, Rolling Stock is the largest segment, with a share over 50%. And in terms of application, the largest application is Locomotives, followed by EMUs.
The Global Info Research report includes an overview of the development of the Railway Equipment industry chain, the market status of Locomotives (Rolling Stock, Railway Infrastructure), DMUs (Rolling Stock, Railway Infrastructure), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Railway Equipment.
Regionally, the report analyzes the Railway Equipment markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Railway Equipment market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Railway Equipment market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Railway Equipment industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Rolling Stock, Railway Infrastructure).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Railway Equipment market.
Regional Analysis: The report involves examining the Railway Equipment market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Railway Equipment market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Railway Equipment:
Company Analysis: Report covers individual Railway Equipment players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Railway Equipment This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Locomotives, DMUs).
Technology Analysis: Report covers specific technologies relevant to Railway Equipment. It assesses the current state, advancements, and potential future developments in Railway Equipment areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Railway Equipment market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Railway Equipment market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Rolling Stock
Railway Infrastructure
Others
Market segment by Application
Locomotives
DMUs
EMUs
Freight Vehicles
Others
Market segment by players, this report covers
CRRC
Alstom
Hitachi
Siemens
Wabtec
TMH
Stadler Rai
Knorr-Bremse
Greenbrier
CAF
Trinity Industries
Voestalpine
CRECG
CRSC
Bombardier
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Railway Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Railway Equipment, with revenue, gross margin and global market share of Railway Equipment from 2018 to 2023.
Chapter 3, the Railway Equipment competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Railway Equipment market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Railway Equipment.
Chapter 13, to describe Railway Equipment research findings and conclusion.
The global Railway Equipment market size was valued at USD 142090 million in 2022 and is forecast to a readjusted size of USD 188920 million by 2029 with a CAGR of 4.2% during review period.
Railway equipment are involved in locomotives, passenger rail cars, freight rail cars, subway, signal, infrastructure and other parts used in operating railroads. The railway equipment industry has become the pivot for economic developments across several countries worldwide. The demand for this equipment has intensified owing to the rising volume of transported products and the expansion of the distance covered by logistics vehicles.
Global Railway Equipment key players include CRRC, Alstom, Siemens, Hitachi and Wabtec. Global top five manufacturers hold a share over 30%.
China is the largest market, with a share over 30%, followed by Europe and United States, both have a share over 40% percent.
In terms of product, Rolling Stock is the largest segment, with a share over 50%. And in terms of application, the largest application is Locomotives, followed by EMUs.
The Global Info Research report includes an overview of the development of the Railway Equipment industry chain, the market status of Locomotives (Rolling Stock, Railway Infrastructure), DMUs (Rolling Stock, Railway Infrastructure), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Railway Equipment.
Regionally, the report analyzes the Railway Equipment markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Railway Equipment market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Railway Equipment market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Railway Equipment industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Rolling Stock, Railway Infrastructure).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Railway Equipment market.
Regional Analysis: The report involves examining the Railway Equipment market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Railway Equipment market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Railway Equipment:
Company Analysis: Report covers individual Railway Equipment players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Railway Equipment This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Locomotives, DMUs).
Technology Analysis: Report covers specific technologies relevant to Railway Equipment. It assesses the current state, advancements, and potential future developments in Railway Equipment areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Railway Equipment market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Railway Equipment market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Rolling Stock
Railway Infrastructure
Others
Market segment by Application
Locomotives
DMUs
EMUs
Freight Vehicles
Others
Market segment by players, this report covers
CRRC
Alstom
Hitachi
Siemens
Wabtec
TMH
Stadler Rai
Knorr-Bremse
Greenbrier
CAF
Trinity Industries
Voestalpine
CRECG
CRSC
Bombardier
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Railway Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Railway Equipment, with revenue, gross margin and global market share of Railway Equipment from 2018 to 2023.
Chapter 3, the Railway Equipment competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Railway Equipment market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Railway Equipment.
Chapter 13, to describe Railway Equipment research findings and conclusion.
Index1 Market Overview
1.1 Product Overview and Scope of Railway Equipment
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Railway Equipment by Type
1.3.1 Overview: Global Railway Equipment Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global Railway Equipment Consumption Value Market Share by Type in 2022
1.3.3 Rolling Stock
1.3.4 Railway Infrastructure
1.3.5 Others
1.4 Global Railway Equipment Market by Application
1.4.1 Overview: Global Railway Equipment Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Locomotives
1.4.3 DMUs
1.4.4 EMUs
1.4.5 Freight Vehicles
1.4.6 Others
1.5 Global Railway Equipment Market Size & Forecast
1.6 Global Railway Equipment Market Size and Forecast by Region
1.6.1 Global Railway Equipment Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global Railway Equipment Market Size by Region, (2018-2029)
1.6.3 North America Railway Equipment Market Size and Prospect (2018-2029)
1.6.4 Europe Railway Equipment Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific Railway Equipment Market Size and Prospect (2018-2029)
1.6.6 South America Railway Equipment Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa Railway Equipment Market Size and Prospect (2018-2029)
2 Company Profiles
2.1 CRRC
2.1.1 CRRC Details
2.1.2 CRRC Major Business
2.1.3 CRRC Railway Equipment Product and Solutions
2.1.4 CRRC Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 CRRC Recent Developments and Future Plans
2.2 Alstom
2.2.1 Alstom Details
2.2.2 Alstom Major Business
2.2.3 Alstom Railway Equipment Product and Solutions
2.2.4 Alstom Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Alstom Recent Developments and Future Plans
2.3 Hitachi
2.3.1 Hitachi Details
2.3.2 Hitachi Major Business
2.3.3 Hitachi Railway Equipment Product and Solutions
2.3.4 Hitachi Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Hitachi Recent Developments and Future Plans
2.4 Siemens
2.4.1 Siemens Details
2.4.2 Siemens Major Business
2.4.3 Siemens Railway Equipment Product and Solutions
2.4.4 Siemens Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Siemens Recent Developments and Future Plans
2.5 Wabtec
2.5.1 Wabtec Details
2.5.2 Wabtec Major Business
2.5.3 Wabtec Railway Equipment Product and Solutions
2.5.4 Wabtec Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Wabtec Recent Developments and Future Plans
2.6 TMH
2.6.1 TMH Details
2.6.2 TMH Major Business
2.6.3 TMH Railway Equipment Product and Solutions
2.6.4 TMH Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 TMH Recent Developments and Future Plans
2.7 Stadler Rai
2.7.1 Stadler Rai Details
2.7.2 Stadler Rai Major Business
2.7.3 Stadler Rai Railway Equipment Product and Solutions
2.7.4 Stadler Rai Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Stadler Rai Recent Developments and Future Plans
2.8 Knorr-Bremse
2.8.1 Knorr-Bremse Details
2.8.2 Knorr-Bremse Major Business
2.8.3 Knorr-Bremse Railway Equipment Product and Solutions
2.8.4 Knorr-Bremse Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Knorr-Bremse Recent Developments and Future Plans
2.9 Greenbrier
2.9.1 Greenbrier Details
2.9.2 Greenbrier Major Business
2.9.3 Greenbrier Railway Equipment Product and Solutions
2.9.4 Greenbrier Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Greenbrier Recent Developments and Future Plans
2.10 CAF
2.10.1 CAF Details
2.10.2 CAF Major Business
2.10.3 CAF Railway Equipment Product and Solutions
2.10.4 CAF Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 CAF Recent Developments and Future Plans
2.11 Trinity Industries
2.11.1 Trinity Industries Details
2.11.2 Trinity Industries Major Business
2.11.3 Trinity Industries Railway Equipment Product and Solutions
2.11.4 Trinity Industries Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Trinity Industries Recent Developments and Future Plans
2.12 Voestalpine
2.12.1 Voestalpine Details
2.12.2 Voestalpine Major Business
2.12.3 Voestalpine Railway Equipment Product and Solutions
2.12.4 Voestalpine Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Voestalpine Recent Developments and Future Plans
2.13 CRECG
2.13.1 CRECG Details
2.13.2 CRECG Major Business
2.13.3 CRECG Railway Equipment Product and Solutions
2.13.4 CRECG Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 CRECG Recent Developments and Future Plans
2.14 CRSC
2.14.1 CRSC Details
2.14.2 CRSC Major Business
2.14.3 CRSC Railway Equipment Product and Solutions
2.14.4 CRSC Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 CRSC Recent Developments and Future Plans
2.15 Bombardier
2.15.1 Bombardier Details
2.15.2 Bombardier Major Business
2.15.3 Bombardier Railway Equipment Product and Solutions
2.15.4 Bombardier Railway Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 Bombardier Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Railway Equipment Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of Railway Equipment by Company Revenue
3.2.2 Top 3 Railway Equipment Players Market Share in 2022
3.2.3 Top 6 Railway Equipment Players Market Share in 2022
3.3 Railway Equipment Market: Overall Company Footprint Analysis
3.3.1 Railway Equipment Market: Region Footprint
3.3.2 Railway Equipment Market: Company Product Type Footprint
3.3.3 Railway Equipment Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Railway Equipment Consumption Value and Market Share by Type (2018-2023)
4.2 Global Railway Equipment Market Forecast by Type (2024-2029)
5 Market Size Segment by Application
5.1 Global Railway Equipment Consumption Value Market Share by Application (2018-2023)
5.2 Global Railway Equipment Market Forecast by Application (2024-2029)
6 North America
6.1 North America Railway Equipment Consumption Value by Type (2018-2029)
6.2 North America Railway Equipment Consumption Value by Application (2018-2029)
6.3 North America Railway Equipment Market Size by Country
6.3.1 North America Railway Equipment Consumption Value by Country (2018-2029)
6.3.2 United States Railway Equipment Market Size and Forecast (2018-2029)
6.3.3 Canada Railway Equipment Market Size and Forecast (2018-2029)
6.3.4 Mexico Railway Equipment Market Size and Forecast (2018-2029)
7 Europe
7.1 Europe Railway Equipment Consumption Value by Type (2018-2029)
7.2 Europe Railway Equipment Consumption Value by Application (2018-2029)
7.3 Europe Railway Equipment Market Size by Country
7.3.1 Europe Railway Equipment Consumption Value by Country (2018-2029)
7.3.2 Germany Railway Equipment Market Size and Forecast (2018-2029)
7.3.3 France Railway Equipment Market Size and Forecast (2018-2029)
7.3.4 United Kingdom Railway Equipment Market Size and Forecast (2018-2029)
7.3.5 Russia Railway Equipment Market Size and Forecast (2018-2029)
7.3.6 Italy Railway Equipment Market Size and Forecast (2018-2029)
8 Asia-Pacific
8.1 Asia-Pacific Railway Equipment Consumption Value by Type (2018-2029)
8.2 Asia-Pacific Railway Equipment Consumption Value by Application (2018-2029)
8.3 Asia-Pacific Railway Equipment Market Size by Region
8.3.1 Asia-Pacific Railway Equipment Consumption Value by Region (2018-2029)
8.3.2 China Railway Equipment Market Size and Forecast (2018-2029)
8.3.3 Japan Railway Equipment Market Size and Forecast (2018-2029)
8.3.4 South Korea Railway Equipment Market Size and Forecast (2018-2029)
8.3.5 India Railway Equipment Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia Railway Equipment Market Size and Forecast (2018-2029)
8.3.7 Australia Railway Equipment Market Size and Forecast (2018-2029)
9 South America
9.1 South America Railway Equipment Consumption Value by Type (2018-2029)
9.2 South America Railway Equipment Consumption Value by Application (2018-2029)
9.3 South America Railway Equipment Market Size by Country
9.3.1 South America Railway Equipment Consumption Value by Country (2018-2029)
9.3.2 Brazil Railway Equipment Market Size and Forecast (2018-2029)
9.3.3 Argentina Railway Equipment Market Size and Forecast (2018-2029)
10 Middle East & Africa
10.1 Middle East & Africa Railway Equipment Consumption Value by Type (2018-2029)
10.2 Middle East & Africa Railway Equipment Consumption Value by Application (2018-2029)
10.3 Middle East & Africa Railway Equipment Market Size by Country
10.3.1 Middle East & Africa Railway Equipment Consumption Value by Country (2018-2029)
10.3.2 Turkey Railway Equipment Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia Railway Equipment Market Size and Forecast (2018-2029)
10.3.4 UAE Railway Equipment Market Size and Forecast (2018-2029)
11 Market Dynamics
11.1 Railway Equipment Market Drivers
11.2 Railway Equipment Market Restraints
11.3 Railway Equipment Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War
12 Industry Chain Analysis
12.1 Railway Equipment Industry Chain
12.2 Railway Equipment Upstream Analysis
12.3 Railway Equipment Midstream Analysis
12.4 Railway Equipment Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Published By : GlobalInfoResearch
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