Rolling Stock Market in North America 2024-2028

Description

List of Tables

Technavio has been monitoring the rolling stock market in North America and is forecast to grow by USD 1,690.33 mn during 2023-2028, accelerating at a CAGR of 3.71% during the forecast period. Our report on the rolling stock market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for freight wagons, growing urbanization and emerging PPP model, and increasing investments in rail transportation.

Technavio's rolling stock market in North America is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	2.85%
CAGR	3.71%
Incremental Value	$1690.33mn

By Product

Rapid transit vehicles
Railroad cars
Locomotives

By Type

Rail freight
Rail passenger

This study identifies the low transportation cost of freight as one of the prime reasons driving the rolling stock market in North America growth during the next few years. Also, innovation in locomotive manufacturing and electrification and hybrid solutions will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the rolling stock market in North America covers the following areas:

Rolling stock market in North America sizing
Rolling stock market in North America forecast
Rolling stock market in North America industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rolling stock market in North America vendors that include ALSTOM SA, American Industrial Transport Inc., Bombardier Inc., Brookville Equipment Corp., Caterpillar Inc., COLMAR Technik S.p.a., CRRC Corp. Ltd., FreightCar America Inc., General Electric Co., Hitachi Ltd., Hyundai Motor Co., National Steel Car Ltd., Railserve Inc. , Siemens AG, Stadler Rail Ag, The Greenbrier Companies Inc., Trinity Industries Inc., United Rentals Inc., Western Train Co., and WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.. Also, the rolling stock market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR45949

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on North America: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)

4 Historic Market Size

4.1 Rolling stock market in North America 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on rolling stock market in north America 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 22: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 23: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 24: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 25: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 26: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 27: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 28: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 29: Chart on Product - Market share 2023-2028 (%)
Exhibit 30: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 31: Chart on Comparison by Product
Exhibit 32: Data Table on Comparison by Product
6.3 Rapid transit vehicles - Market size and forecast 2023-2028
Exhibit 33: Chart on Rapid transit vehicles - Market size and forecast 2023-2028 ($ million)
Exhibit 34: Data Table on Rapid transit vehicles - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Chart on Rapid transit vehicles - Year-over-year growth 2023-2028 (%)
Exhibit 36: Data Table on Rapid transit vehicles - Year-over-year growth 2023-2028 (%)
6.4 Railroad cars - Market size and forecast 2023-2028
Exhibit 37: Chart on Railroad cars - Market size and forecast 2023-2028 ($ million)
Exhibit 38: Data Table on Railroad cars - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Chart on Railroad cars - Year-over-year growth 2023-2028 (%)
Exhibit 40: Data Table on Railroad cars - Year-over-year growth 2023-2028 (%)
6.5 Locomotives - Market size and forecast 2023-2028
Exhibit 41: Chart on Locomotives - Market size and forecast 2023-2028 ($ million)
Exhibit 42: Data Table on Locomotives - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Chart on Locomotives - Year-over-year growth 2023-2028 (%)
Exhibit 44: Data Table on Locomotives - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Exhibit 45: Market opportunity by Product ($ million)
Exhibit 46: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 47: Chart on Type - Market share 2023-2028 (%)
Exhibit 48: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 49: Chart on Comparison by Type
Exhibit 50: Data Table on Comparison by Type
7.3 Rail freight - Market size and forecast 2023-2028
Exhibit 51: Chart on Rail freight - Market size and forecast 2023-2028 ($ million)
Exhibit 52: Data Table on Rail freight - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Chart on Rail freight - Year-over-year growth 2023-2028 (%)
Exhibit 54: Data Table on Rail freight - Year-over-year growth 2023-2028 (%)
7.4 Rail passenger - Market size and forecast 2023-2028
Exhibit 55: Chart on Rail passenger - Market size and forecast 2023-2028 ($ million)
Exhibit 56: Data Table on Rail passenger - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Chart on Rail passenger - Year-over-year growth 2023-2028 (%)
Exhibit 58: Data Table on Rail passenger - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 59: Market opportunity by Type ($ million)
Exhibit 60: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 62: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibit 63: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
Exhibit 64: Chart on Geographic comparison
Exhibit 65: Data Table on Geographic comparison
9.3 US - Market size and forecast 2023-2028
Exhibit 66: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 67: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 69: Data Table on US - Year-over-year growth 2023-2028 (%)
9.4 Canada - Market size and forecast 2023-2028
Exhibit 70: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 71: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 73: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.5 Mexico - Market size and forecast 2023-2028
Exhibit 74: Chart on Mexico - Market size and forecast 2023-2028 ($ million)
Exhibit 75: Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Chart on Mexico - Year-over-year growth 2023-2028 (%)
Exhibit 77: Data Table on Mexico - Year-over-year growth 2023-2028 (%)
9.6 Market opportunity By Geographical Landscape
Exhibit 78: Market opportunity By Geographical Landscape ($ million)
Exhibit 79: Data Table on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 80: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 81: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 82: Overview on factors of disruption
11.4 Industry risks
Exhibit 83: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 84: Vendors covered
12.2 Market positioning of vendors
Exhibit 85: Matrix on vendor position and classification
12.3 ALSTOM SA
Exhibit 86: ALSTOM SA - Overview
Exhibit 87: ALSTOM SA - Business segments
Exhibit 88: ALSTOM SA - Key offerings
Exhibit 89: ALSTOM SA - Segment focus
12.4 American Industrial Transport Inc.
Exhibit 90: American Industrial Transport Inc. - Overview
Exhibit 91: American Industrial Transport Inc. - Product / Service
Exhibit 92: American Industrial Transport Inc. - Key offerings
12.5 Bombardier Inc.
Exhibit 93: Bombardier Inc. - Overview
Exhibit 94: Bombardier Inc. - Product / Service
Exhibit 95: Bombardier Inc. - Key offerings
12.6 Brookville Equipment Corp.
Exhibit 96: Brookville Equipment Corp. - Overview
Exhibit 97: Brookville Equipment Corp. - Product / Service
Exhibit 98: Brookville Equipment Corp. - Key offerings
12.7 Caterpillar Inc.
Exhibit 99: Caterpillar Inc. - Overview
Exhibit 100: Caterpillar Inc. - Business segments
Exhibit 101: Caterpillar Inc. - Key offerings
Exhibit 102: Caterpillar Inc. - Segment focus
12.8 CRRC Corp. Ltd.
Exhibit 103: CRRC Corp. Ltd. - Overview
Exhibit 104: CRRC Corp. Ltd. - Product / Service
Exhibit 105: CRRC Corp. Ltd. - Key offerings
12.9 FreightCar America Inc.
Exhibit 106: FreightCar America Inc. - Overview
Exhibit 107: FreightCar America Inc. - Product / Service
Exhibit 108: FreightCar America Inc. - Key offerings
12.10 Hitachi Ltd.
Exhibit 109: Hitachi Ltd. - Overview
Exhibit 110: Hitachi Ltd. - Business segments
Exhibit 111: Hitachi Ltd. - Key news
Exhibit 112: Hitachi Ltd. - Key offerings
Exhibit 113: Hitachi Ltd. - Segment focus
12.11 Hyundai Motor Co.
Exhibit 114: Hyundai Motor Co. - Overview
Exhibit 115: Hyundai Motor Co. - Business segments
Exhibit 116: Hyundai Motor Co. - Key news
Exhibit 117: Hyundai Motor Co. - Key offerings
Exhibit 118: Hyundai Motor Co. - Segment focus
12.12 National Steel Car Ltd.
Exhibit 119: National Steel Car Ltd. - Overview
Exhibit 120: National Steel Car Ltd. - Product / Service
Exhibit 121: National Steel Car Ltd. - Key offerings
12.13 Siemens AG
Exhibit 122: Siemens AG - Overview
Exhibit 123: Siemens AG - Business segments
Exhibit 124: Siemens AG - Key news
Exhibit 125: Siemens AG - Key offerings
Exhibit 126: Siemens AG - Segment focus
12.14 Stadler Rail Ag
Exhibit 127: Stadler Rail Ag - Overview
Exhibit 128: Stadler Rail Ag - Business segments
Exhibit 129: Stadler Rail Ag - Key offerings
Exhibit 130: Stadler Rail Ag - Segment focus
12.15 The Greenbrier Companies Inc.
Exhibit 131: The Greenbrier Companies Inc. - Overview
Exhibit 132: The Greenbrier Companies Inc. - Business segments
Exhibit 133: The Greenbrier Companies Inc. - Key news
Exhibit 134: The Greenbrier Companies Inc. - Key offerings
Exhibit 135: The Greenbrier Companies Inc. - Segment focus
12.16 Trinity Industries Inc.
Exhibit 136: Trinity Industries Inc. - Overview
Exhibit 137: Trinity Industries Inc. - Business segments
Exhibit 138: Trinity Industries Inc. - Key offerings
Exhibit 139: Trinity Industries Inc. - Segment focus
12.17 WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.
Exhibit 140: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP. - Overview
Exhibit 141: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP. - Business segments
Exhibit 142: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP. - Key news
Exhibit 143: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP. - Key offerings
Exhibit 144: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 145: Inclusions checklist
Exhibit 146: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 147: Currency conversion rates for US$
13.4 Research methodology
Exhibit 148: Research methodology
Exhibit 149: Validation techniques employed for market sizing
Exhibit 150: Information sources
13.5 List of abbreviations
Exhibit 151: List of abbreviations