Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Railway Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Railway Equipment. This report contains market size and forecasts of Railway Equipment in global, including the following market information:
Global Railway Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Railway Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Railway Equipment companies in 2022 (%)
The global Railway Equipment market was valued at US$ 162030 million in 2022 and is projected to reach US$ 224740 million by 2029, at a CAGR of 4.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Railway Equipment key players include CRRC, Alstom, Siemens, Bombardier, CRCC, etc. 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.
We surveyed the Railway Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Railway Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Railway Equipment Market Segment Percentages, by Type, 2022 (%)
Rolling Stock
Railway Infrastructure
Others
Global Railway Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Railway Equipment Market Segment Percentages, by Application, 2022 (%)
Locomotives
DMUs
EMUs
Freight Vehicles
Others
Global Railway Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Railway Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Railway Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Railway Equipment revenues share in global market, 2022 (%)
Key companies Railway Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Railway Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
CRRC
Alstom
Siemens
Bombardier
CRCC
CRECG
General Electric
Hitachi
Hyundai Rotem
Transmashholding
Voestalpine
Toshiba
Kawasaki
CRSC
Wabtec
Outline of Major Chapters:
Chapter 1: Introduces the definition of Railway Equipment, market overview.
Chapter 2: Global Railway Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Railway Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Railway Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Railway Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.