Rolling Stock Management Market

Rolling Stock Management Market worth $58.4 billion by 2025

The report "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" 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 growth of the rolling stock management market is influenced by factors such as expansions and upcoming railway projects, cost optimization, focus on increasing the asset lifecycle, and development of rail infrastructure in emerging economies.

Browse 48 market data Tables and 54 Figures spread through 171 Pages and in-depth TOC on "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"
View detailed Table of Content here -

Europe is expected to lead the market during the forecast period

The European rail management market is large because of the growth in railway connection between China and Europe. Earlier, freight was delivered by the Trans-Siberian railway, but now, there is direct access for freight. The new route connects roughly 34 European cities with 35 Chinese cities. An increasing number of rail management solutions will be needed to sustain in the future, and the market will grow further. Additionally, the development of intelligent rail transportation system would also drive the European rolling stock management market.

Predictive maintenance market is expected to grow at the fastest CAGR

Predictive maintenance is expected to be the fastest global rolling stock management market. These services are used for time optimization, spare management, inventory management, downtime reduction, live monitoring of system health, and labor hour reduction. The major advantages of predictive maintenance include availability and cost efficiency. It helps improve reliability and also reduces maintenance cost, which is ultimately leading to improved safety and higher customer satisfaction. Various advancements are taking place in sensors and communication technologies so that they can collect continuous data from several systems and subsystems in rail, which enables them to monitor mechanical and electrical conditions, operational efficiency, and multiple performance indicators.

Rail management is expected to lead the rolling stock management market  

Rail management is estimated to be the fastest growing market. It helps railway authorities with better fleet management and improved asset lifecycle. With the rise of connected systems, real-time information is fostering asset management, thereby reducing the overall operation cost. The information also increases vehicle safety and reliability. That is why rail authorities are going to choose better rail management solutions for efficient fleet management.
The major rolling stock management market players are Bombardier (Canada), Alstom (France), Siemens (Germany), ABB (Switzerland), and Hitachi (Japan).

Don’t miss out on business opportunities in Rolling Stock Management Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Rolling Stock Management Market Size,  Share & Growth Report
Report Code
AT 6998
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Rolling Stock Management Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets