Middle East & Africa Rolling Stock Market to 2032

Overview

The Middle East & Africa Rolling Stock Market is expected to reach a 7.80 USD Billion by 2032 and is projected to grow at a CAGR of 4.97% from 2025 to 2032.

Revenue, 2024 (USD Billion)

6.15

Forecast, 2032 (USD Billion)

7.80

CAGR, 2024 - 2032

4.97%

Report Coverage

Middle East & Africa

Middle East & Africa Rolling Stock Market 2018-2032 USD Billion

Middle East & Africa Rolling Stock Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 6.15 USD Billion
Projected Market Size (2032): 7.80 USD Billion
CAGR (2025-2032): 4.97%

Key Findings of Middle East & Africa Rolling Stock Market

The Middle East & Africa Rolling Stock Market was valued at 6.15 USD Billion in 2024.
The Middle East & Africa Rolling Stock Market is likely to grow at a CAGR of 4.97% 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 4.89 USD Billion
The fastest growing segment Traction Motor in Components Segment grew Fastest with a CAGR of 6.68% during the forecast period from 2024 to 2032.

Middle East & Africa Rolling Stock Market Scope

Middle East & Africa Rolling Stock Market Segmentation & Scope

Application

Frieght Transportatation
Passenger Transportatation

Components

Passenger Information System
Air Conditioning System
Pantograph
Axle
Wheelset
Others
Auxiliary Power System
Traction Motor

Locomotive Technology

Maglev
Conventional Locomotives
Turbocharged Locomotives

Product Type

Rapid Transit
Locomotives
Wagons
Coaches

Middle East & Africa Rolling Stock Market Data Coverage Insights

Study Period	2024-2032
Base Year	2019
Unit	Revenue in USD Billion
Market Value in 2024	6.15 USD Billion
Market Value in 2032	7.80 USD Billion
CAGR (2025-2032)	4.97%
Historic Data	2016-2023
Market Segments Covered	Application,Components,Locomotive Technology,Product Type

Regional Insights:

Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 6.15 USD Billion in 2024
- Key Country: Saudi Arabia, leading in terms of revenue with value of 1,792.42 USD Million in 2024.

Segments and Scope

Middle East & Africa Rolling Stock Market to 2032, By Application
- Passenger Transportatation is the largest segment in Middle East & Africa Rolling Stock Market to 2032 with a revenue of 4.00 USD Billion in the year 2024.
- Passenger Transportatation is the Fastest growing segment in Middle East & Africa Rolling Stock Market to 2032 with a Growth rate of 5.51 % in forecast period 2025-2032.
Middle East & Africa Rolling Stock Market to 2032, By Components
- Traction Motor is the largest segment in Middle East & Africa Rolling Stock Market to 2032 with a revenue of 1.35 USD Billion in the year 2024.
- Traction Motor is the Fastest growing segment in Middle East & Africa Rolling Stock Market to 2032 with a Growth rate of 6.68 % in forecast period 2025-2032.
Middle East & Africa Rolling Stock Market to 2032, By Locomotive Technology
- Turbocharged Locomotives is the largest segment in Middle East & Africa Rolling Stock Market to 2032 with a revenue of 4.89 USD Billion in the year 2024.
- Turbocharged Locomotives is the Fastest growing segment in Middle East & Africa Rolling Stock Market to 2032 with a Growth rate of 5.79 % in forecast period 2025-2032.
Middle East & Africa Rolling Stock Market to 2032, By Product Type
- Coaches is the largest segment in Middle East & Africa Rolling Stock Market to 2032 with a revenue of 2.26 USD Billion in the year 2024.
- Coaches is the Fastest growing segment in Middle East & Africa Rolling Stock Market to 2032 with a Growth rate of 5.94 % in forecast period 2025-2032.

Middle East & Africa Rolling Stock Market Company Share Analysis

Company Name
Toshiba Infrastructure Systems & Solutions Corporation
Alstom
ABB
Kawasaki Heavy Industries, Ltd.
Bombardier

Middle East & Africa Rolling Stock Market Geographical Sales Distribution, 2018-2032 USD Billion

Middle East & Africa Rolling Stock Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Middle East & Africa Rolling Stock Market?

The Middle East & Africa Rolling Stock Market is segmented based on Segmentation Application,Components,Locomotive Technology,Product Type.

What is the current market size of the Middle East & Africa Rolling Stock Market?

Middle East & Africa Rolling Stock Market was valued at USD 6.15(Revenue in USD Billion) in 2019.

What is the expected growth rate of the Middle East & Africa Rolling Stock Market?

Middle East & Africa Rolling Stock Market is projected to grow at a CAGR of 4.97% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Middle East & Africa Rolling Stock Market?

The Turbocharged Locomotives segment is expected to dominate the Middle East & Africa Rolling Stock Market, holding a largest market share of 4.89 USD Billion in 2024