Rolling Stock Management Market

Rolling Stock Management Market by Management (Rail, Infrastructure), Rail (Remote Diagnostic, Wayside, Train, Asset, Cab Advisory), Infrastructure (Control Room, Station, Automatic Fare Collection), Maintenance Service & Region - Global Forecast to 2025

Report Code: AT 6998 Mar, 2019, by marketsandmarkets.com

[171 Pages Report] The global rolling stock management market is projected to grow from USD 42.8 billion in 2019 to reach USD 58.4 billion by 2025, at a CAGR of 5.32%. The rising concerns over safety, security, inspection, maintenance, and in the transport business has led to the growth of the rolling stock management market. It not only includes the fact of reducing long term cost but also mitigating the traditional methods of maintenance. Transport can be through the medium of air, road, or train but its efficiency and effect on the environment. The emerging nations support railways as a well-suited means of mass transport for passengers and freight.

Rolling Stock Management Market

Asset Management segment is estimated to account for the largest market size during the forecast period

Rail asset management system is a safe, reliable, substantial, and efficient approach to manage the entire rail infrastructure. It includes route plans that involve activities, resources, and timescales for interventions on the infrastructure; route asset strategies to manage the asset involved in a specific route; and delivery schedules/programs that form detailed plans to optimize the delivery of renewals, maintenance, and enhancement. The rail asset management system assists freight managers, passengers, rail operators, and infrastructure managers in addressing issues, such as the improvement in service availability; performance and utilization for mobile, fixed, and linear assets; increased reliability and punctuality along with reduced service failures and delay minutes; and minimized asset costs.

Remote diagnostic management is estimated to account for the fastest market size during the forecast period

Remote diagnostic management provides complete information about components, controls, and the entire system of the train from a range or distance. This management processes wide data and provides a comprehensive analysis of the status. It helps save time in operations and maintenance. Remote diagnostic management helps in rail maintenance management for preventive and corrective maintenance planning. These solutions enable the proactive management and maintenance of all the rail assets. The technical capabilities of this solution include real-time remote diagnostics, component condition monitoring, and onboard condition monitoring. It also includes key monitoring and reporting features that help support the whole lifecycle management of rail assets. This helps in greatly improving maintenance strategies and planning.

The European region is estimated to be the largest market for remote diagnostic management. The reason is the increased focus of operators in rolling stock management on real-time information so that faults can be prevented and decision-making can be accelerated.

Rolling Stock Management Market

Europe is expected to be the largest market during the forecast period

The European region is estimated to be dominated by countries such as Germany, France, and the UK. Technological advancements and the demand for the long-term working of rolling stock without failures or errors are expected to drive the rolling stock management market in Europe. The European region has been at the forefront of technological innovation in rolling stock management. The investment projects undertaken for infrastructure and transportation have fuelled the research for services that will extend the lifecycle of assets, which, in turn, affect the flow of working conditions of railroads and rolling stock components.

Key Market Players

The global rolling stock management market is dominated by major players such as Bombardier (Canada), Alstom (France), General Electric (US), and Siemens (Germany). These companies have strong distribution networks at a global level. In addition, these companies offer an extensive service range in the rolling stock management market. The key strategies adopted by these companies to sustain their market position are new product developments, collaborations, and contracts & agreements.

Scopeof the Report

Report Metric

Details

Market size available for years

2017–2025

Base year considered

2018

Forecast period

2019–2025

Forecast units

Value (USD Billion)

Segments covered

Management type, Rail Management, Infrastructure Management, Maintenance Service, and Region

Geographies covered

North America, Asia Pacific, Europe, Middle East & Africa, and Rest of the World

Companies Covered

Bombardier (Canada), Trimble (US), Alstom (France), Siemens (Germany), GE (US), and ABB (Switzerland),
total of 25 major players covered

This research report categorizes the rolling stock management market based on management type, rail management, infrastructure management, maintenance service, and region.

On the basis of management type, the rolling stock management has been segmented as follows:

  • Rail Management
  • Infrastructure Management

On the basis of rail management, the rolling stock management has been segmented as follows:

  • Remote Diagnostic Management
  • Wayside Management
  • Train Management
  • Asset Management
  • Cab Advisory

On the basis of infrastructure management, the rolling stock management has been segmented as follows:

  • Control Room Management
  • Station Management
  • Automatic Fare Collection Management

On the basis of maintenance service, the rolling stock management has been segmented as follows:

  • Corrective
  • Preventive
  • Predictive

On the basis of region, the rolling stock management has been segmented as follows: <

  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • UK
  • Middle East & Africa
    • UAE
    • Iran
    • Egypt
    • South Africa
  • Rest of the World
    • Brazil
    • Russia

Recent Developments

  • Bombardier signed an MoU with the Malaysian Industry Government Group for High Technology (MIGHT) outlining their collaboration on developing home-grown rail industry expertise in the coming years.
  • Nuovo Trasporto Viaggiatori (Italy) and Alstom signed a contract worth USD 406 million for the purchase of 5 additional Pendolino EVO trains, exercising an option to the contract signed in October 2015. The contract also includes 30 years of maintenance.
  • General Electric signed a contract to provide maintenance services and support for Rio Tinto’s locomotive network in the Pilbara region of Western Australia, the largest privately-owned and operated rail system in the country.
  • Siemens started a new state-of-the-art control center for centralized rail traffic management in the province of Gauteng, South Africa. The control center-Gauteng Nerve Centre (GNC)-has 35 control rooms in one place. It is capable of monitoring 600 trains and up to 500,000 passengers every day.

Critical Questions:

  • Where will remote diagnostics take the industry in the long term?
  • How will the rolling stock management market cope with the challenge of the high cost of service implementation?
  • What is the impact of asset management on the rolling stock management market?
  • What are the upcoming trends in the rail management and infrastructure management markets? What impact would they make post 2022?
  • What are the key strategies adopted by the top players to increase their revenue?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
           2.3.3 Key Data From Primary Sources
    2.4 Market Size Estimation
           2.4.1 Top-Down Approach
    2.5 Market Breakdown and Data Triangulation
    2.6 Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 32)
    4.1 Rolling Stock Management Market to Grow at A Significant Rate During the Forecast Period (2019–2025)
    4.2 Europe to Lead the Global Rolling Stock Management Market
    4.3 Global Rolling Stock Management Market, By Management Type and Maintenance Service
    4.4 Rolling Stock Management Market, By Management Type
    4.5 Rolling Stock Management Market, By Maintenance Service
    4.6 Rolling Stock Management Market, By Rail Management
    4.7 Rolling Stock Management Market, By Infrastructure Management

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Delivering Intelligent Asset Management
                    5.2.1.2 Growth in Efficient Technologies
                    5.2.1.3 IoT in Data Analytics and Predictive Analytics for Rolling Stock
           5.2.2 Restraints
                    5.2.2.1 Slow Pace in Developing Nations
           5.2.3 Opportunities
                    5.2.3.1 Cost Reduction in IoT Components and the Need for Asset Optimization
                    5.2.3.2 Automatic Monitoring
           5.2.4 Challenges
                    5.2.4.1 Technological Changes Offer New Challenges
                    5.2.4.2 High Cost of Deployment
           5.2.5 Impact of Market Dynamics

6 Industry Trends (Page No. - 41)
    6.1 Technological Overview
           6.1.1 IoT in Rolling Stock Management
           6.1.2 Big Data Analytics and Cloud Computing in Rolling Stock
           6.1.3 Asset Management
    6.2 Value Chain Analysis
    6.3 Macroindicator Analysis
           6.3.1 Growth of the Rolling Stock Management Market
           6.3.2 GDP (USD Billion)
           6.3.3 GNI Per Capita, Atlas Method (USD)
           6.3.4 GDP Per Capita PPP (USD)
           6.3.5 Macro Indicators Influencing the Rolling Stock Management Market, Top 3 Countries
                    6.3.5.1 Germany
                    6.3.5.2 US
                    6.3.5.3 China

7 Rolling Stock Management Market, By Management Type (Page No. - 47)
    7.1 Introduction
    7.2 Research Methodology
    7.3 Rail Management
           7.3.1 Rising Focus on Real-Time Solutions to Prevent Failures is Driving the Overall Market
    7.4 Infrastructure Management
           7.4.1 High Focus on Efficiency, Optimization, and Cost Effectiveness Will Boost the Market During the Forecast Period

8 Rolling Stock Management Market, By Rail Management (Page No. - 52)
    8.1 Introduction
    8.2 Research Methodology
    8.3 Remote Diagnostic Management
           8.3.1 Real-Time Remote Diagnostics
                    8.3.1.1 Increasing Number of Rail Projects in Middle East & Africa Will Boost the Market
           8.3.2 Component Condition Monitoring
                    8.3.2.1 Focus on Advanced Railway Technologies in European Countries Will Boost the Rail Management Market
           8.3.3 Onboard Condition Monitoring
                    8.3.3.1 Expansion of Railway Projects in UAE and Egypt is Likely to Drive the Market
    8.4 Wayside Management
           8.4.1 Wheel Tread and Surface
           8.4.2 Brakes and Brake Components
           8.4.3 Bogie Inspection
           8.4.4 Coupler Securement Inspection
           8.4.5 Undercarriage Inspection
           8.4.6 Pantograph Measurement and Inspection
           8.4.7 Full-Scale Train Imaging and Inspection
           8.4.8 Automatic Train Control
           8.4.9 Centralized Traffic Control
           8.4.10 Interlocking
    8.5 Train Management
           8.5.1 Passenger Information System (PIS)
                    8.5.1.1 Increasing Hold of Private Sector in the Railway Industry in Middle East & Africa Will Boost the Market
           8.5.2 In-Train Surveillance System
                    8.5.2.1 Growth of Rail Supply Industry in Europe Will Boost the Market
           8.5.3 Others
                    8.5.3.1 Europe Will Boost the Demand for the Rail Management Market for Others Segment
    8.6 Asset Management
           8.6.1 Reducing Operational Costs for Infrastructure Assets Will Fuel the Market
    8.7 Cab Advisory
           8.7.1 Increasing Investment By Developing Countries for the Will Boost the Market During the Forecast Period
    8.8 Others
           8.8.1 Increasing Investments By Developing Countries Will Boost the Market

9 Rolling Stock Management Market, By Infrastructure Management (Page No. - 66)
    9.1 Introduction
    9.2 Research Methodology
    9.3 Control Room Management
           9.3.1 Video Wall Controller System
                    9.3.1.1 Need to Enhance Situational Awareness Will Fuel the Market for Video Wall Controller System
           9.3.2 Pscada System
                    9.3.2.1 Increased Lifecycle of Rolling Stock Through Maintenance and Operations Will Fuel the Market for Pscada Systems
           9.3.3 Others
                    9.3.3.1 Rise in Safety and Security Systems in Railway Industry is Fueling the Overall Market Growth
    9.4 Station Management
           9.4.1 Integrated Supervisory Control System
                    9.4.1.1 Reliable Hardware and Software Will Boost the Demand in the Rolling Stock Industry
           9.4.2 Fire Alarm System
                    9.4.2.1 Growing Investments in Infrastructure Will Boost Demand
           9.4.3 Building Automation System
                    9.4.3.1 Well-Maintained Escalators and Room Temperature to Drive the Building Automation System Market
           9.4.4 Others
                    9.4.4.1 Increased Focus on Efficiency, Optimization, and Cost Effectiveness Will Boost the Market
    9.5 Automatic Fare Collection Management
           9.5.1 Automatic Gate Machine System
                    9.5.1.1 Need for Automatic Data Collection and Management of Passengers Will Drive the Automatic Gate Machine System Market
           9.5.2 Ticket Vending Machine
                    9.5.2.1 Adoption of New Technologies Will Drive the Ticket Vending Machine Market
           9.5.3 Ticket Kiosk and Checking Machine
                    9.5.3.1 Cost Effectiveness Will Drive the Ticket Kiosk and Checking Machine Market
    9.6 Others
           9.6.1 Demand for Advanced Systems to Drive the Infrastructure Management Market for Other Services

10 Rolling Stock Management Market, By Maintenance Service (Page No. - 81)
     10.1 Introduction
     10.2 Research Methodology
     10.3 Corrective Maintenance
             10.3.1 Investments in Railway Line Projects Will Boost the Demand for Corrective Maintenance
     10.4 Preventive Maintenance
             10.4.1 Investments in Infrastructure Will Boost the Demand for Preventive Maintenance
     10.5 Predictive Maintenance
             10.5.1 IoT in Railways Will Boost the Demand for Predictive Maintenance

11 Rolling Stock Management Market, By Region (Page No. - 88)
     11.1 Introduction
     11.2 Asia Pacific
             11.2.1 China
             11.2.2 India
             11.2.3 Japan
             11.2.4 South Korea
     11.3 Europe
             11.3.1 France
             11.3.2 Germany
             11.3.3 Spain
             11.3.4 Italy
             11.3.5 United Kingdom
     11.4 North America
             11.4.1 Canada
             11.4.2 Mexico
             11.4.3 Us
     11.5 Middle East & Africa
             11.5.1 South Africa
             11.5.2 UAE
             11.5.3 Iran
             11.5.4 Egypt
     11.6 Rest of the World (RoW)
             11.6.1 Brazil
             11.6.2 Russia

12 Competitive Landscape (Page No. - 103)
     12.1 Overview
     12.2 Market Ranking Analysis
     12.3 Competitive Scenario
             12.3.1 New Product Developments
             12.3.2 Collaborations/Joint Ventures/Supply Contracts/Partnerships/Agreements
             12.3.3 Expansions, 2015–2018
     12.4 Competitive Leadership Mapping
             12.4.1 Visionary Leaders
             12.4.2 Innovators
             12.4.3 Dynamic Differentiators
             12.4.4 Emerging Companies

13 Company Profiles (Page No. - 120)
(Business Overview, Products Offered, Recent Developments & SWOT Analysis)*
     13.1 Bombardier
     13.2 Alstom
     13.3 General Electric (GE)
     13.4 Siemens
     13.5 ABB
     13.6 Hitachi
     13.7 Mitsubishi Heavy Industries
     13.8 Talgo
     13.9 Construcciones Y Auxiliar De Ferrocarriles
     13.10 Thales Group
     13.11 Trimble
     13.12 Tech Mahindra
     13.13 Transmashholding
     13.14 Other Key Players
             13.14.1 Asia Oceania
                        13.14.1.1 Toshiba
                        13.14.1.2 Advantech
                        13.14.1.3 CRRC
             13.14.2 Europe
                        13.14.2.1 Indra Sistemas
                        13.14.2.2 Eurotech
                        13.14.2.3 Ansaldo
                        13.14.2.4 EKE-Electronics
                        13.14.2.5 Danobat Group
             13.14.3 North America
                        13.14.3.1 Bentley Systems
                        13.14.3.2 Stadler
             13.14.4 Rest of the World
                        13.14.4.1 UGL
                        13.14.4.2 Randon
                        13.14.4.3 Alucast Iran

*Details on Business Overview, Products Offered, Recent Developments & SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 165)
     14.1 Discussion Guide – Rolling Stock Management Market
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Available Customizations
     14.4 Related Reports
     14.5 Author Details


List of Tables (48 Tables)

Table 1 Currency Exchange Rates (Per 1 USD)
Table 2 Rolling Stock Management Market, By Management, 2017–2025 (USD Million)
Table 3 Rail Management: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 4 Infrastructure Management: Rolling Stock Management Market, By Region 2017–2025 (USD Million)
Table 5 Rolling Stock Management Market, By Rail Management, 2017–2025 (USD Million)
Table 6 Remote Diagnostic Management: Rolling Stock Management Market, By Rail Management, 2017–2025 (USD Million)
Table 7 Real-Time Remote Diagnostics: Rolling Stock Management Market, By Rail Management, 2017–2025 (USD Million)
Table 8 Component Condition Monitoring: Rolling Stock Management Market, By Rail Management, 2017–2025 (USD Million)
Table 9 Onboard Condition Monitoring: Rolling Stock Management Market, By Rail Management, 2017–2025 (USD Million)
Table 10 Wayside Management: Rolling Stock Management Market, By Rail Management, 2017–2025 (USD Million)
Table 11 Train Management: Rolling Stock Management Market, By Rail Management, 2017–2025 (USD Million)
Table 12 PIS: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 13 In-Train Surveillance: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 14 Others: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 15 Asset Management: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 16 Cab Advisory: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 17 Others: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 18 Rolling Stock Management Market, By Infrastructure Management, 2017–2025 (USD Million)
Table 19 Infrastructure Management Market, By Control Room Management, 2017–2025 (USD Million)
Table 20 Video Wall Controller System: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 21 Pscada: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 22 Others: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 23 Infrastructure Management Market, By Station Management, 2017–2025 (USD Million)
Table 24 Integrated Supervisory Control System: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 25 Fire Alarm System: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 26 Building Automation System: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 27 Others: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 28 Infrastructure Management Market, By Automatic Fare Collection Management, 2017–2025 (USD Million)
Table 29 Automatic Gate Machine System: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 30 Ticket Vending Machine: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 31 Ticket Kiosk and Checking Machine: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 32 Others: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 33 Rolling Stock Management Market, By Maintenance Service, 2017–2025 (USD Million)
Table 34 Corrective Maintenance: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 35 Corrective Maintenance: Rolling Stock Management Market, By Management, 2017–2025 (USD Million)
Table 36 Preventive Maintenance: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 37 Preventive Maintenance: Rolling Stock Management Market, By Management, 2017–2025 (USD Million)
Table 38 Predictive Maintenance: Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 39 Predictive Maintenance: Rolling Stock Management Market, By Management, 2017–2025 (USD Million)
Table 40 Rolling Stock Management Market, By Region, 2017–2025 (USD Million)
Table 41 Asia Pacific: Rolling Stock Management Market, By Management, 2017–2025 (USD Million)
Table 42 Europe: Rolling Stock Management Market, By Management, 2017–2025 (USD Million)
Table 43 North America: Rolling Stock Management Market, By Management, 2017–2025 (USD Million)
Table 44 Middle East & Africa: Rolling Stock Management Market, By Management, 2017–2025 (USD Million)
Table 45 Rest of the World: Rolling Stock Management Market, By Management, 2017–2025 (USD Million)
Table 46 New Product Developments, 2016–2019
Table 47 Collaborations/Joint Ventures/Supply Contracts/Partnerships/Agreements, 2015–2019
Table 48 Expansions, 2015–2018


List of Figures (54 Figures)

Figure 1 Rolling Stock Management Market Segmentation
Figure 2 Rolling Stock Management Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Market Size Estimation Methodology for the Rolling Stock Management Market: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Rolling Stock Management Market: Market Dynamics
Figure 8 Rolling Stock Management Market, By Region, 2019–2025 (USD Million)
Figure 9 Rail Management Held the Largest Share in the Rolling Stock Management Market in 2019
Figure 10 Lucrative Growth Opportunities for the Rolling Stock Management Market Between 2019 and 2025
Figure 11 Rolling Stock Management Market Share, By Region, (USD Million), 2019
Figure 12 Rail Management and Predictive Maintenance Account for the Largest Shares of the Rolling Stock Management Market in 2019
Figure 13 Rail Management to Hold the Largest Market Share, USD Billion, 2019 vs 2025
Figure 14 Predictive Maintenance Segment to Hold the Largest Market Share, USD Billion, 2019 vs 2025
Figure 15 Asset Management Segment to Play A Major Role in the Rolling Stock Management Market (2019–2025)
Figure 16 Automatic Fare Collection Segment to Play A Major Role in the Rolling Stock Management Market (2019–2025)
Figure 17 Rolling Stock Management Market: Market Dynamics
Figure 18 The Scope of Asset Management Activities
Figure 19 Value Chain Analysis
Figure 20 Rolling Stock Management Market, By Management, 2019 vs 2025 (USD Million)
Figure 21 Key Primary Insights
Figure 22 Rolling Stock Management Market, By Rail Management, 2019 vs 2025 (USD Million)
Figure 23 Key Primary Insights
Figure 24 Rolling Stock Management Market, By Infrastructure Management, 2019 vs 2025 (USD Million)
Figure 25 Rolling Stock Management Market, By Control Room Management, 2019 vs 2025 (USD Million)
Figure 26 Rolling Stock Management Market, By Station Management, 2019 vs 2025 (USD Million)
Figure 27 Rolling Stock Management Market, By Automatic Fare Collection Management, 2019 vs 2025 (USD Million)
Figure 28 Key Primary Insights
Figure 29 Rolling Stock Management Market, By Maintenance Service, 2019 vs 2025 (USD Million)
Figure 30 Key Primary Insights
Figure 31 Europe to Dominate the Rolling Stock Management Market During the Forecast Period
Figure 32 Asia Pacific: Rolling Stock Management Market Snapshot
Figure 33 Europe: Rolling Stock Management Market Snapshot
Figure 34 Key Developments By Leading Players in the Market, 2015–2019
Figure 35 Ranking of Key Players, 2019
Figure 36 Rolling Stock Management (Global): Competitive Leadership Mapping, 2018
Figure 37 Bombardier: Company Snapshot
Figure 38 Bombardier: SWOT Analysis
Figure 39 Alstom: Company Snapshot
Figure 40 Alstom: SWOT Analysis
Figure 41 General Electric: Company Snapshot
Figure 42 General Electric: SWOT Analysis
Figure 43 Siemens: Company Snapshot
Figure 44 Siemens: SWOT Analysis
Figure 45 ABB: Company Snapshot
Figure 46 ABB: SWOT Analysis
Figure 47 Hitachi: Company Snapshot
Figure 48 Mitsubishi Heavy Industries: Company Snapshot
Figure 49 Talgo: Company Snapshot
Figure 50 Construcciones Y Auxiliar De Ferrocarriles S.A.: Company Snapshot
Figure 51 Thales Group: Company Snapshot
Figure 52 Trimble: Company Snapshot
Figure 53 Tech Mahindra: Company Snapshot
Figure 54 Transmashholding: Company Snapshot

The study involved 4 major activities in estimating the current size of the rolling stock management market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down approach was employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used in estimating the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, publications of automobile OEMs, American Railway Association (ARA), country-level railway associations and the Association of the European Rail Industry (UNIFE)], railway magazines, articles, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases (for example, Marklines and Factiva) have been used to identify and collect information useful for an extensive commercial study of the global rolling stock management market.

Primary Research

Extensive primary research has been conducted after acquiring an understanding of the rolling stock management market scenario through secondary research. Several primary interviews have been conducted with market experts from both the demand-side [rail manufacturers (in terms of component supply, country-level government associations, and trade associations)] and supply-side (OEMs and component manufacturers) across 5 major regions, namely, North America, Europe, Asia Pacific, Middle East & Africa, and the Rest of the World. Approximately, 21% and 79% of primary interviews have been conducted from the demand and supply side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, we have strived to cover various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in our report.

After interacting with industry experts, we have also conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject-matter experts’ opinions, has led us to the findings as described in the remainder of this report. Following is the breakdown of primary respondents

Rolling Stock Management Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The top-down approach was used to estimate and validate the total size of the rolling stock management. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To segment and forecast the rolling stock management market size, in terms of value (USD million)
  • To define, describe, and forecast the rolling stock management market on the basis of management type, rail management, infrastructure management, maintenance service, and region
  • To analyze the regional markets for growth trends, prospects, and their contribution to the overall market
  • To segment and forecast the market size, by management (rail management and infrastructure management)
  • To segment and forecast the market size, by rail management (remote diagnostic management, wayside management, train management, engineering asset management, and cab advisory)
  • To segment and forecast the market size, by infrastructure management (control room management, station management, and automatic fare collection management)
  • To segment and forecast the market size, by maintenance service (corrective, preventive and predictive)
  • To forecast the market size with respect to key regions, namely, North America, Europe, Middle East, Asia Pacific, and the Rest of World
  • To provide detailed information regarding the major factors influencing market growth (drivers, restraints, opportunities, and challenges)
  • To strategically analyze markets with respect to individual growth trends, future prospects, and contribution to the total market
  • To analyze opportunities for stakeholders, and details of a competitive landscape for market leaders
  • To strategically profile key players and comprehensively analyze their respective market share and core competencies
  • To analyze recent developments, alliances, joint ventures, product innovations, and mergers & acquisitions in the rolling stock management market

Available Customizations

With the given market data, MarketsandMarkets offers customizations in accordance to the company’s specific needs.

  • Rolling Stock Management Market, by rail management at country level (for countries not covered in the report)
  • Rolling Stock Management Market, by infrastructure management at country level (for countries not covered in the report)

Company Information

  • Profiling of Additional Market Players (Up to 3)
Report Code
AT 6998
Published ON
Mar, 2019
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