The rolling stock management market size has grown strongly in recent years. It will grow from $51.57 billion in 2023 to $54.88 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth observed during the historic period can be attributed to several factors, including the rise in urban populations, government investments, stricter environmental regulations, economic expansion, and the globalization of trade. 
The rolling stock management market size is expected to see strong growth in the next few years. It will grow to $70.67 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth in the forecast period is driven by trends towards sustainable mobility, expanded rail electrification, government incentives, urban rail expansion, and policies addressing climate change. Key trends expected in this period include the integration of AI, advancements in smart transportation solutions, innovations in digitalization, automation, digital twins, and simulation models.
The increasing demand for rail transportation is expected to drive growth in the rolling stock management market in the foreseeable future. Rail transportation utilizes rail networks to transport passengers and freight efficiently over long distances, offering an environmentally friendly mode of travel. The rising popularity of rail transportation is attributed to its efficiency, sustainability benefits, and its capacity to alleviate congestion and reduce emissions. Rolling stock management plays a crucial role in maintaining the efficiency, reliability, and optimal scheduling of trains, thereby enhancing overall service quality and passenger satisfaction. For instance, in the fiscal year from 1 April 2023 to 31 March 2024, rail passenger journeys in Great Britain reached 1.61 billion, marking a substantial 16% increase from the previous year's total of 1.38 billion journeys. Therefore, the growing demand for rail transportation is set to propel the rolling stock management market forward.
Leading companies in the rolling stock management market are focusing on integrating artificial intelligence (AI), such as AI rail operations systems, to enhance operational efficiency and safety. AI rail operations systems integrate predictive maintenance, real-time monitoring, route optimization, passenger experience management, and safety enhancements to optimize railway operations. For example, ADComms, a UK-based provider of transport and mobile telecommunication services, introduced Monica Hub in June 2024. This advanced data aggregation and intelligent software system revolutionizes rail operations by integrating real-time data from over 70 sources, including on-train sensors, station infrastructure, and GPS. Monica Hub empowers operators and rolling stock maintainers to deliver exceptional passenger journeys with enhanced efficiency and quality, offering robust analytical tools and customizable features to meet diverse customer needs.
In January 2021, Alstom SA, a France-based rolling stock manufacturer, acquired Bombardier Transportation to strengthen its position in the sustainable mobility market. This acquisition enhances Alstom's global footprint, diversifies its product portfolio, and enhances its innovation capabilities to better serve customers worldwide with tailored mobility solutions. Bombardier Transportation, based in Germany, specializes in rolling stock and rail transport management solutions.
Major companies operating in the rolling stock management market are Hitachi Ltd, CRRC Corporation Limited, Mitsubishi Heavy Industries Ltd, ABB Ltd., Toshiba Infrastructure Systems & Solutions Corporation, Alstom S.A., Thales Group, Kawasaki Heavy Industries Ltd, Wabtec Corporation, Knorr-Bremse AG, Stadler Rail AG, Construcciones y Auxiliar de Ferrocarriles, The Greenbrier Companies Inc., Hyundai Rotem Company, SYSTRA Group, Trinity Industries Inc., Vossloh AG, Amsted Rail Company Inc, Siemens Mobility GmbH, Nippon Sharyo Ltd, Talgo SA, FreightCar America Inc.
Europe was the largest region in the rolling stock management market in 2023. The regions covered in the rolling stock management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the rolling stock management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Rolling stock management encompasses the efficient upkeep, utilization, and scheduling of railway vehicles such as trains, trams, and wagons, ensuring they operate optimally in terms of performance, safety, and cost-effectiveness. This involves monitoring vehicle condition, availability, and location, as well as planning for their maintenance and replacement.
The primary maintenance services in rolling stock management consist of corrective, preventive, and predictive maintenance. Corrective maintenance addresses the repair or replacement of railway vehicle parts following failures or malfunctions, aiming to swiftly return the rolling stock to normal operational conditions. This management applies across various railway infrastructures, including freight and passenger transport applications.
The rolling stock management market research report is one of a series of new reports that provides rolling stock management market statistics, including rolling stock management industry global market size, regional shares, competitors with an rolling stock management market share, detailed rolling stock management market segments, market trends and opportunities, and any further data you may need to thrive in the rolling stock management industry. This rolling stock management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The rolling stock management market consists of revenues earned by entities by providing services such as repair services, fleet management services, and consulting services. The market value includes the value of related goods sold by the service provider or included within the service offering. The rolling stock management market also includes sales software solutions, digital solutions, spare parts, and components. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The rolling stock management market size is expected to see strong growth in the next few years. It will grow to $70.67 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth in the forecast period is driven by trends towards sustainable mobility, expanded rail electrification, government incentives, urban rail expansion, and policies addressing climate change. Key trends expected in this period include the integration of AI, advancements in smart transportation solutions, innovations in digitalization, automation, digital twins, and simulation models.
The increasing demand for rail transportation is expected to drive growth in the rolling stock management market in the foreseeable future. Rail transportation utilizes rail networks to transport passengers and freight efficiently over long distances, offering an environmentally friendly mode of travel. The rising popularity of rail transportation is attributed to its efficiency, sustainability benefits, and its capacity to alleviate congestion and reduce emissions. Rolling stock management plays a crucial role in maintaining the efficiency, reliability, and optimal scheduling of trains, thereby enhancing overall service quality and passenger satisfaction. For instance, in the fiscal year from 1 April 2023 to 31 March 2024, rail passenger journeys in Great Britain reached 1.61 billion, marking a substantial 16% increase from the previous year's total of 1.38 billion journeys. Therefore, the growing demand for rail transportation is set to propel the rolling stock management market forward.
Leading companies in the rolling stock management market are focusing on integrating artificial intelligence (AI), such as AI rail operations systems, to enhance operational efficiency and safety. AI rail operations systems integrate predictive maintenance, real-time monitoring, route optimization, passenger experience management, and safety enhancements to optimize railway operations. For example, ADComms, a UK-based provider of transport and mobile telecommunication services, introduced Monica Hub in June 2024. This advanced data aggregation and intelligent software system revolutionizes rail operations by integrating real-time data from over 70 sources, including on-train sensors, station infrastructure, and GPS. Monica Hub empowers operators and rolling stock maintainers to deliver exceptional passenger journeys with enhanced efficiency and quality, offering robust analytical tools and customizable features to meet diverse customer needs.
In January 2021, Alstom SA, a France-based rolling stock manufacturer, acquired Bombardier Transportation to strengthen its position in the sustainable mobility market. This acquisition enhances Alstom's global footprint, diversifies its product portfolio, and enhances its innovation capabilities to better serve customers worldwide with tailored mobility solutions. Bombardier Transportation, based in Germany, specializes in rolling stock and rail transport management solutions.
Major companies operating in the rolling stock management market are Hitachi Ltd, CRRC Corporation Limited, Mitsubishi Heavy Industries Ltd, ABB Ltd., Toshiba Infrastructure Systems & Solutions Corporation, Alstom S.A., Thales Group, Kawasaki Heavy Industries Ltd, Wabtec Corporation, Knorr-Bremse AG, Stadler Rail AG, Construcciones y Auxiliar de Ferrocarriles, The Greenbrier Companies Inc., Hyundai Rotem Company, SYSTRA Group, Trinity Industries Inc., Vossloh AG, Amsted Rail Company Inc, Siemens Mobility GmbH, Nippon Sharyo Ltd, Talgo SA, FreightCar America Inc.
Europe was the largest region in the rolling stock management market in 2023. The regions covered in the rolling stock management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the rolling stock management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Rolling stock management encompasses the efficient upkeep, utilization, and scheduling of railway vehicles such as trains, trams, and wagons, ensuring they operate optimally in terms of performance, safety, and cost-effectiveness. This involves monitoring vehicle condition, availability, and location, as well as planning for their maintenance and replacement.
The primary maintenance services in rolling stock management consist of corrective, preventive, and predictive maintenance. Corrective maintenance addresses the repair or replacement of railway vehicle parts following failures or malfunctions, aiming to swiftly return the rolling stock to normal operational conditions. This management applies across various railway infrastructures, including freight and passenger transport applications.
The rolling stock management market research report is one of a series of new reports that provides rolling stock management market statistics, including rolling stock management industry global market size, regional shares, competitors with an rolling stock management market share, detailed rolling stock management market segments, market trends and opportunities, and any further data you may need to thrive in the rolling stock management industry. This rolling stock management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The rolling stock management market consists of revenues earned by entities by providing services such as repair services, fleet management services, and consulting services. The market value includes the value of related goods sold by the service provider or included within the service offering. The rolling stock management market also includes sales software solutions, digital solutions, spare parts, and components. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Rolling Stock Management Market Characteristics3. Rolling Stock Management Market Trends and Strategies32. Global Rolling Stock Management Market Competitive Benchmarking33. Global Rolling Stock Management Market Competitive Dashboard34. Key Mergers and Acquisitions in the Rolling Stock Management Market
4. Rolling Stock Management Market - Macro Economic Scenario
5. Global Rolling Stock Management Market Size and Growth
6. Rolling Stock Management Market Segmentation
7. Rolling Stock Management Market Regional and Country Analysis
8. Asia-Pacific Rolling Stock Management Market
9. China Rolling Stock Management Market
10. India Rolling Stock Management Market
11. Japan Rolling Stock Management Market
12. Australia Rolling Stock Management Market
13. Indonesia Rolling Stock Management Market
14. South Korea Rolling Stock Management Market
15. Western Europe Rolling Stock Management Market
16. UK Rolling Stock Management Market
17. Germany Rolling Stock Management Market
18. France Rolling Stock Management Market
19. Italy Rolling Stock Management Market
20. Spain Rolling Stock Management Market
21. Eastern Europe Rolling Stock Management Market
22. Russia Rolling Stock Management Market
23. North America Rolling Stock Management Market
24. USA Rolling Stock Management Market
25. Canada Rolling Stock Management Market
26. South America Rolling Stock Management Market
27. Brazil Rolling Stock Management Market
28. Middle East Rolling Stock Management Market
29. Africa Rolling Stock Management Market
30. Rolling Stock Management Market Competitive Landscape and Company Profiles
31. Rolling Stock Management Market Other Major and Innovative Companies
35. Rolling Stock Management Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Rolling Stock Management Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on rolling stock management market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for rolling stock management? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The rolling stock management market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Maintenance Service: Corrective Maintenance; Preventive Maintenance; Predictive Maintenance2) By Management Type: Railway; Infrastructure
3) By Application Type: Goods Carrier; Passenger Carrier
Key Companies Mentioned: Hitachi Ltd; CRRC Corporation Limited; Mitsubishi Heavy Industries Ltd; ABB Ltd.; Toshiba Infrastructure Systems & Solutions Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | August 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 54.88 Billion |
| Forecasted Market Value ( USD | $ 70.67 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 22 |
