Singapore Rolling Stock Market to 2032

Overview

The Singapore Rolling Stock Market is expected to reach a 1,189.20 USD Million by 2032 and is projected to grow at a CAGR of 6.49% from 2025 to 2032.

Revenue, 2024 (USD Million)
876.53
Forecast, 2032 (USD Million)
1,189.20
CAGR, 2024 - 2032
6.49%
Report Coverage
Singapore

Singapore Rolling Stock Market 2018-2032 USD Million

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

Market Growth and Projections:

  • Market Size (2024): 876.53 USD Million
  • Projected Market Size (2032): 1,189.20 USD Million
  • CAGR (2025-2032): 6.49%

Key Findings of Singapore Rolling Stock Market

  • The Singapore Rolling Stock Market was valued at 876.53 USD Million in 2024.
  • The Singapore Rolling Stock Market is likely to grow at a CAGR of 6.49% 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 697.05 USD Million
  • 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.

Singapore Rolling Stock Market Scope

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

Singapore Rolling Stock Market Data Coverage Insights

Study Period 2024-2032
Base Year 2019
Unit Revenue in USD Million
Market Value in 2024 876.53 USD Million
Market Value in 2032 1,189.20 USD Million
CAGR (2025-2032) 6.49%
Historic Data 2016-2023
Market Segments Covered Product Type,Application,Components,Locomotive Technology

Regional Insights:

  • Leading Market (2024-2032): Singapore, leading in terms of revenue 876.53 USD Million in 2024
    • Key Country: Singapore, leading in terms of revenue with value of 876.53 USD Million in 2024.

Segments and Scope

  • Singapore Rolling Stock Market to 2032, By Product Type
    • Coaches is the largest segment in Singapore Rolling Stock Market to 2032 with a revenue of 295.62 USD Million in the year 2024.
    • Coaches is the Fastest growing segment in Singapore Rolling Stock Market to 2032 with a Growth rate of 7.71 % in forecast period 2025-2032.
  • Singapore Rolling Stock Market to 2032, By Application
    • Passenger Transportatation is the largest segment in Singapore Rolling Stock Market to 2032 with a revenue of 556.93 USD Million in the year 2024.
    • Passenger Transportatation is the Fastest growing segment in Singapore Rolling Stock Market to 2032 with a Growth rate of 6.91 % in forecast period 2025-2032.
  • Singapore Rolling Stock Market to 2032, By Components
    • Traction Motor is the largest segment in Singapore Rolling Stock Market to 2032 with a revenue of 186.20 USD Million in the year 2024.
    • Traction Motor is the Fastest growing segment in Singapore Rolling Stock Market to 2032 with a Growth rate of 8.75 % in forecast period 2025-2032.
  • Singapore Rolling Stock Market to 2032, By Locomotive Technology
    • Turbocharged Locomotives is the largest segment in Singapore Rolling Stock Market to 2032 with a revenue of 697.05 USD Million in the year 2024.
    • Turbocharged Locomotives is the Fastest growing segment in Singapore Rolling Stock Market to 2032 with a Growth rate of 7.86 % in forecast period 2025-2032.

Singapore Rolling Stock Market Company Share Analysis

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

Singapore Rolling Stock Market Geographical Sales Distribution, 2018-2032 USD Million

Singapore Rolling Stock Market Geographical Sales Distribution, 2018-2032 USD Million

Singapore Rolling Stock Market Company Profiling

Singapore Rolling Stock Market Company Profiling
Frequently Asked Questions
The Singapore Rolling Stock Market is segmented based on Segmentation Product Type,Application,Components,Locomotive Technology.
Singapore Rolling Stock Market was valued at USD 876.53(Revenue in USD Million) in 2019.
Singapore Rolling Stock Market is projected to grow at a CAGR of 6.49% during the forecast period of 2024 to 2032.
The Turbocharged Locomotives segment is expected to dominate the Singapore Rolling Stock Market, holding a largest market share of 697.05 USD Million in 2024

Singapore Rolling Stock Market Scope

Singapore Rolling Stock Market Segmentation & Scope
Product Type
  • Rapid Transit
  • Locomotives
  • Wagons
  • Coaches
Application
  • Frieght Transportatation
  • Passenger Transportatation
Components
  • Passenger Information System
  • Air Conditioning System
  • Pantograph
  • Axle
  • Others
  • Wheelset
  • Auxiliary Power System
  • Traction Motor
Locomotive Technology
  • Maglev
  • Conventional Locomotives
  • Turbocharged Locomotives
Frequently Asked Questions
The Singapore Rolling Stock Market is segmented based on Segmentation Product Type,Application,Components,Locomotive Technology.
Singapore Rolling Stock Market was valued at USD 876.53(Revenue in USD Million) in 2019.
Singapore Rolling Stock Market is projected to grow at a CAGR of 6.49% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Rolling Stock Market for final year is USD 1,189.20 (USD Million).

Singapore Rolling Stock Market Company Profiling

Singapore Rolling Stock Market Company Profiling
Frequently Asked Questions
The Singapore Rolling Stock Market is segmented based on Segmentation Product Type,Application,Components,Locomotive Technology.
Singapore Rolling Stock Market was valued at USD 876.53(Revenue in USD Million) in 2019.
Singapore Rolling Stock Market is projected to grow at a CAGR of 6.49% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Rolling Stock Market for final year is USD 1,189.20 (USD Million).

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