NEW YORK, Aug. 3, 2021 /PRNewswire/ -- The rolling stock market size in Europe is expected to reach a value of USD 2.34 billion, at a CAGR of 2.27%, during 2021-2025.
NEW YORK, Aug. 3, 2021 /PRNewswire/ -- The rolling stock market size in Europe is expected to reach a value of USD 2.34 billion, at a CAGR of 2.27%, during 2021-2025.
Data Insights |
Market Segmentations |
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Rolling Stock Market in Europe |
Forecast and Analysis 2021-2025 |
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COVID-19 Impact |
Covers |
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Industry |
Segments |
Freight cars |
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Industrials |
Negative |
Product |
Passenger transit vehicles |
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Vendors |
Offerings |
Region |
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Alstom Holdings SA |
Rolling stock solutions for electric bus |
Western Europe |
will offer 99% of the growth opportunity |
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Bombardier Inc. |
Solutions for metro |
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The introduction of new railway projects is driving the rolling stock market in Europe. Several railway projects, including new lines, doubling of existing lines, and electrification of tracks are under planning, development, and construction stages in this region, which is increasing the demand for new rolling stocks such as locomotives and railroad vehicles in Europe. The development of high-speed and new railway projects is attracting most of the investment owing to its cost efficiency in long routes. Investments are being made to improve the domestic and international connectivity and logistics channels of several countries such as Germany, France, and the UK.
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Major Five Rolling Stock Market Companies in Europe:
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