North America Rolling Stock Market to 2032
Overview
The North America Rolling Stock Market is expected to reach a 26.76 USD Billion by 2032 and is projected to grow at a CAGR of 6.41% from 2025 to 2032.
Revenue, 2024 (USD Billion)
19.79
Forecast, 2032 (USD Billion)
26.76
CAGR, 2024 - 2032
6.41%
Report Coverage
North America
North America Rolling Stock Market 2018-2032 USD Billion
North America Rolling Stock Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 19.79 USD Billion
- Projected Market Size (2032): 26.76 USD Billion
- CAGR (2025-2032): 6.41%
Key Findings of North America Rolling Stock Market
- The North America Rolling Stock Market was valued at 19.79 USD Billion in 2024.
- The North America Rolling Stock Market is likely to grow at a CAGR of 6.41% 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 15.42 USD Billion
- The fastest growing segment Traction Motor in Components Segment grew Fastest with a CAGR of 8.75% during the forecast period from 2024 to 2032.
North America Rolling Stock Market Scope
North America Rolling Stock Market Segmentation & Scope
Application
- Passenger Transportatation
- Frieght Transportatation
Components
- Passenger Information System
- Air Conditioning System
- Pantograph
- Axle
- Others
- Wheelset
- Auxiliary Power System
- Traction Motor
Locomotive Technology
- Maglev
- Conventional Locomotives
- Turbocharged Locomotives
Product Type
- Rapid Transit
- Locomotives
- Coaches
- Wagons
North America Rolling Stock Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2019 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 19.79 USD Billion |
| Market Value in 2032 | 26.76 USD Billion |
| CAGR (2025-2032) | 6.41% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Components,Locomotive Technology,Product Type |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 19.79 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 16,532.68 USD Million in 2024.
Segments and Scope
-
North America Rolling Stock Market to 2032, By Application
- Frieght Transportatation is the largest segment in North America Rolling Stock Market to 2032 with a revenue of 12.89 USD Billion in the year 2024.
- Frieght Transportatation is the Fastest growing segment in North America Rolling Stock Market to 2032 with a Growth rate of 6.81 % in forecast period 2025-2032.
-
North America Rolling Stock Market to 2032, By Components
- Traction Motor is the largest segment in North America Rolling Stock Market to 2032 with a revenue of 3.68 USD Billion in the year 2024.
- Traction Motor is the Fastest growing segment in North America Rolling Stock Market to 2032 with a Growth rate of 8.75 % in forecast period 2025-2032.
-
North America Rolling Stock Market to 2032, By Locomotive Technology
- Turbocharged Locomotives is the largest segment in North America Rolling Stock Market to 2032 with a revenue of 15.42 USD Billion in the year 2024.
- Turbocharged Locomotives is the Fastest growing segment in North America Rolling Stock Market to 2032 with a Growth rate of 7.95 % in forecast period 2025-2032.
-
North America Rolling Stock Market to 2032, By Product Type
- Wagons is the largest segment in North America Rolling Stock Market to 2032 with a revenue of 6.26 USD Billion in the year 2024.
- Wagons is the Fastest growing segment in North America Rolling Stock Market to 2032 with a Growth rate of 7.44 % in forecast period 2025-2032.
North America Rolling Stock Market Company Share Analysis
| Company Name |
|
||
| Toshiba Infrastructure Systems & Solutions Corporation | |||
| Alstom | |||
| ABB | |||
| Kawasaki Heavy Industries, Ltd. | |||
| Bombardier | |||
North America Rolling Stock Market Geographical Sales Distribution, 2018-2032 USD Billion
North America Rolling Stock Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Rolling Stock Market is segmented based on Segmentation Application,Components,Locomotive Technology,Product Type.
North America Rolling Stock Market was valued at USD 19.79(Revenue in USD Billion) in 2019.
North America Rolling Stock Market is projected to grow at a CAGR of 6.41% during the forecast period of 2024 to 2032.
The Turbocharged Locomotives segment is expected to dominate the North America Rolling Stock Market, holding a largest market share of 15.42 USD Billion in 2024
North America Rolling Stock Market Scope
North America Rolling Stock Market Segmentation & Scope
Application
- Passenger Transportatation
- Frieght Transportatation
Components
- Passenger Information System
- Air Conditioning System
- Pantograph
- Axle
- Others
- Wheelset
- Auxiliary Power System
- Traction Motor
Locomotive Technology
- Maglev
- Conventional Locomotives
- Turbocharged Locomotives
Product Type
- Rapid Transit
- Locomotives
- Coaches
- Wagons
Frequently Asked Questions
The North America Rolling Stock Market is segmented based on Segmentation Application,Components,Locomotive Technology,Product Type.
North America Rolling Stock Market was valued at USD 19.79(Revenue in USD Billion) in 2019.
North America Rolling Stock Market is projected to grow at a CAGR of 6.41% during the forecast period of 2024 to 2032.
The estimated market value of the North America Rolling Stock Market for final year is USD 26.76 (USD Billion).
North America Rolling Stock Market Company Profiling
Frequently Asked Questions
The North America Rolling Stock Market is segmented based on Segmentation Application,Components,Locomotive Technology,Product Type.
North America Rolling Stock Market was valued at USD 19.79(Revenue in USD Billion) in 2019.
North America Rolling Stock Market is projected to grow at a CAGR of 6.41% during the forecast period of 2024 to 2032.
The estimated market value of the North America Rolling Stock Market for final year is USD 26.76 (USD Billion).
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