Rolling Stock Manufacturing

The rolling stock manufacturing industry caters to a large variety of markets and directly contributes to the increasing volume and frequency of the transportation of goods and passengers. The demand for rolling stock is growing due to factors such as urbanization, globalization, and an expanding global population. In addition, as the tendency to travel and ship cargo in an eco-friendlier manner is on the rise, rail transport could become increasingly popular among consumers in the future.

Since 2020, the rolling stock manufacturing industry, like the overall logistics market, has faced disruption due to the COVID-19 pandemic. Evolving consumer behavior and the ease of access to last-mile logistics have widened the space for new logistics solutions. These new solutions, coupled with Russia's invasion of Ukraine, has disrupted the rolling stock industry's situation, with recovery expected to be long and arduous.

World's largest manufacturer of rolling stock
Size of the global market for railway technology
126 billion euros
Length of China's high-speed rail network
40,000 kilometers

Rolling Stock Market

How big is the rolling stock market?

Compound annual growth rate of the global rolling stock market between 2018 and 2022, by region

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Further details: Visit original statistic Compound annual growth rate of the global rolling stock market between 2018 and 2022, by region

The global rolling stock industry is projected to be worth over 126 billion U.S. dollars and should continue to grow. Currently, China is the largest market for rolling stock manufacturing, and Latin- America is projected to be the fastest-growing market in 2023. In this context, the largest rolling stock manufacturer continues to be China's CRRC.

U.S rolling stock market
Global rolling stock worldwide
Market value forecast

Industry Definition

The rolling stock manufacturing category provides information on rail infrastructure and equipment production, including railcars, locomotives, and wagons. Information on the electrification of railroads and technologies that aim to improve railroad efficiency and safety is also available. Within this sector, Statista provides information about the business activities of the major manufacturers and suppliers and data on a global, regional, and national scale.

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