Mexico Rolling Stock Market to 2032

Overview

The Mexico Rolling Stock Market is expected to reach a 1.25 USD Billion by 2032 and is projected to grow at a CAGR of 1.89% from 2025 to 2032.

Revenue, 2024 (USD Billion)
1.13
Forecast, 2032 (USD Billion)
1.25
CAGR, 2024 - 2032
1.89%
Report Coverage
Mexico

Mexico Rolling Stock Market 2018-2032 USD Billion

Mexico Rolling Stock Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 1.13 USD Billion
  • Projected Market Size (2032): 1.25 USD Billion
  • CAGR (2025-2032): 1.89%

Key Findings of Mexico Rolling Stock Market

  • The Mexico Rolling Stock Market was valued at 1.13 USD Billion in 2024.
  • The Mexico Rolling Stock Market is likely to grow at a CAGR of 1.89% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Turbocharged Locomotives in Locomotive Technology Segment accounted for the largest share of the market with a revenue of 0.84 USD Billion
  • The fastest growing segment Traction Motor in Components Segment grew Fastest with a CAGR of 3.07% during the forecast period from 2024 to 2032.

Mexico Rolling Stock Market Scope

Mexico Rolling Stock Market Segmentation & Scope
Locomotive Technology
  • Maglev
  • Conventional Locomotives
  • Turbocharged Locomotives
Product Type
  • Rapid Transit
  • Locomotives
  • Coaches
  • Wagons
Components
  • Passenger Information System
  • Air Conditioning System
  • Pantograph
  • Axle
  • Others
  • Wheelset
  • Auxiliary Power System
  • Traction Motor
Application
  • Passenger Transportatation
  • Frieght Transportatation

Mexico Rolling Stock Market Data Coverage Insights

Study Period 2024-2032
Base Year 2019
Unit Revenue in USD Billion
Market Value in 2024 1.13 USD Billion
Market Value in 2032 1.25 USD Billion
CAGR (2025-2032) 1.89%
Historic Data 2016-2023
Market Segments Covered Locomotive Technology,Product Type,Components,Application

Regional Insights:

  • Leading Market (2024-2032): Mexico, leading in terms of revenue 1.13 USD Billion in 2024
    • Key Country: Mexico, leading in terms of revenue with value of 1,133.48 USD Million in 2024.

Segments and Scope

  • Mexico Rolling Stock Market to 2032, By Locomotive Technology
    • Turbocharged Locomotives is the largest segment in Mexico Rolling Stock Market to 2032 with a revenue of 843.48 USD Billion in the year 2024.
    • Turbocharged Locomotives is the Fastest growing segment in Mexico Rolling Stock Market to 2032 with a Growth rate of 2.32 % in forecast period 2025-2032.
  • Mexico Rolling Stock Market to 2032, By Product Type
    • Wagons is the largest segment in Mexico Rolling Stock Market to 2032 with a revenue of 389.98 USD Billion in the year 2024.
    • Wagons is the Fastest growing segment in Mexico Rolling Stock Market to 2032 with a Growth rate of 3.01 % in forecast period 2025-2032.
  • Mexico Rolling Stock Market to 2032, By Components
    • Traction Motor is the largest segment in Mexico Rolling Stock Market to 2032 with a revenue of 241.81 USD Billion in the year 2024.
    • Traction Motor is the Fastest growing segment in Mexico Rolling Stock Market to 2032 with a Growth rate of 3.07 % in forecast period 2025-2032.
  • Mexico Rolling Stock Market to 2032, By Application
    • Frieght Transportatation is the largest segment in Mexico Rolling Stock Market to 2032 with a revenue of 742.96 USD Billion in the year 2024.
    • Frieght Transportatation is the Fastest growing segment in Mexico Rolling Stock Market to 2032 with a Growth rate of 2.08 % in forecast period 2025-2032.

Mexico Rolling Stock Market Company Share Analysis

 
Company Name Company Share Analysis
Toshiba Infrastructure Systems & Solutions Corporation
Alstom
ABB
Kawasaki Heavy Industries, Ltd.
Bombardier
Mexico Rolling Stock Market Company Share Analysis

Mexico Rolling Stock Market Geographical Sales Distribution, 2018-2032 USD Billion

Mexico Rolling Stock Market Geographical Sales Distribution, 2018-2032 USD Billion

Mexico Rolling Stock Market Company Profiling

Mexico Rolling Stock Market Company Profiling
Frequently Asked Questions
The Mexico Rolling Stock Market is segmented based on Segmentation Locomotive Technology,Product Type,Components,Application.
Mexico Rolling Stock Market was valued at USD 1.13(Revenue in USD Billion) in 2019.
Mexico Rolling Stock Market is projected to grow at a CAGR of 1.89% during the forecast period of 2024 to 2032.
The Turbocharged Locomotives segment is expected to dominate the Mexico Rolling Stock Market, holding a largest market share of 0.84 USD Billion in 2024

Mexico Rolling Stock Market Scope

Mexico Rolling Stock Market Segmentation & Scope
Locomotive Technology
  • Maglev
  • Conventional Locomotives
  • Turbocharged Locomotives
Product Type
  • Rapid Transit
  • Locomotives
  • Coaches
  • Wagons
Components
  • Passenger Information System
  • Air Conditioning System
  • Pantograph
  • Axle
  • Others
  • Wheelset
  • Auxiliary Power System
  • Traction Motor
Application
  • Passenger Transportatation
  • Frieght Transportatation
Frequently Asked Questions
The Mexico Rolling Stock Market is segmented based on Segmentation Locomotive Technology,Product Type,Components,Application.
Mexico Rolling Stock Market was valued at USD 1.13(Revenue in USD Billion) in 2019.
Mexico Rolling Stock Market is projected to grow at a CAGR of 1.89% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Rolling Stock Market for final year is USD 1.25 (USD Billion).

Mexico Rolling Stock Market Company Profiling

Mexico Rolling Stock Market Company Profiling
Frequently Asked Questions
The Mexico Rolling Stock Market is segmented based on Segmentation Locomotive Technology,Product Type,Components,Application.
Mexico Rolling Stock Market was valued at USD 1.13(Revenue in USD Billion) in 2019.
Mexico Rolling Stock Market is projected to grow at a CAGR of 1.89% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Rolling Stock Market for final year is USD 1.25 (USD Billion).

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