Rolling Stock Management Market Introduction

The rolling stock management system is utilized to manage information and keep record of the rolling stock. The rolling stock management system logs the maintenance, inspection, and breakdown history of the rolling stock and also helps manage and maintain these records for future inspections. The rolling stock management system enables cost-effective operation and also reduces the time required for transit. Railways are gaining traction, as it is a prominent mode of sustainable mobility owing to its significantly low carbon emission.

Rolling Stock Management Market - Competitive Landscape

In February 2017, Ansaldo STS presented ERSAT and ERSAT EAV projects. ERSAT was a new-generation signaling project that interfaced and integrated the European Rail Traffic Management System (ERTMS) with navigation and satellite positioning technology for the first time in Europe. This would be a breakthrough project for Ansaldo STS, as it has employed satellite technology for controlled and safe management of rail traffic on secondary conventional lines, local lines, and regional lines for the first time in Europe.

In February 2016, Siemens signed a contract with the Riyadh Corporation, becoming a technology provider for the world’s largest subway project. For this project, Siemens AG has agreed to supply the entire turnkey system for two driverless metro lines in Riyadh, the capital of Saudi Arabia. This project consists of six rail lines with a total length of 175 kilometers.

Planning to lay down future strategy? Perfect your plan with our Report Brochure here

Alstom S.A.

Founded in 1928, Alstom S.A. with headquarters in Saint-Ouen, France, is a leading company that specializes in integrated transport systems. It offers a complete range of solutions from high-speed trains to metros, tramways, and e-buses; passenger solutions; customized services (such as maintenance, modernization); and infrastructure, signaling, and digital mobility solutions.

Hitachi, Ltd.

Established in 1910, Hitachi, Ltd. with headquarters in Tokyo, Japan, is a leading manufacturer of rolling stock, signaling, services, and turnkey. The company’s rail systems have presence in 27 countries and are manufactured in 11 countries worldwide. In 2018, Hitachi Ltd., Ansaldo ATS, and Mitsubishi Corp signed a MoU with Metro de Panama for the supply of vehicle and systems for the Panama metro Line 3. Hitachi Ltd. would supply 28 six-car monorail trainset. Ansaldo STS is projected to supply signaling, telecoms, and power supplies. Japan International Co-operation Agency has provided a 20-year loan for the expenditure.

Siemens AG

Siemens AG is a global company that provides powerhouse services in the areas of electrification, automation, and digitization. The company operates through eight business segments: power & gas, wind power & renewables, energy management, building technologies, mobility, digital factory, and process industries & drives.

Rolling Stock Management Market Dynamics

Rise in passenger and freight traffic driving rolling stock management market

Rising number of freight and passengers across the globe is a major factor boosting the rolling stock management market. Furthermore, an increase in production and sales of goods along with increase in import and export of goods from one location to another is further driving the global market. Demand for rolling stock management is increasing due to delays in delivery and loss of goods during transit.

High initial investment cost restraining the market

High initial investment required to adopt the rolling stock management system is a key factor restraining the market. This is likely to be a major restraint to the rolling stock management market during the forecast period. Moreover, various countries are still utilizing conventional fuel-powered trains, such as diesel powered and coal powered locomotives, which are harmful for the environment. They are expected to be banned during the forecast period. This, in turn, is estimated to restrain the rolling stock management market

Looking for exclusive market insights from business experts? Request a Custom Report here

Rolling Stock Management Market Segmentation

Based on application, the rolling stock management market can be segmented into

  • Goods Carrier
  • Passenger Carrier

Based on management type, the rolling stock management market can be classified into

  • Railways
  • Infrastructure

Based on maintenance service, the rolling stock management market can be divided into

  • Predictive Maintenance
  • Corrective Maintenance
  • Preventive Maintenance

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Rolling Stock Management Market

Pre Book