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Showing posts with the label Rolling Stock Market Size

Rolling Stock Market Projected To Raise At USD 96.58 Billion By 2030

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  San Francisco, 2 May 2024:  The Report  Rolling Stock Market  Size, Share & Trends Analysis Report By Product (Locomotive, Rapid Transit Vehicle, Wagon), By Type, By Train Type, By Region, And Segment Forecasts, 2024 - 2030 The global rolling stock market size is expected to reach USD 96.58 billion by 2030 and is anticipated to expand at a CAGR of 6.3% during the forecast period, according to a new report by Grand View Research, Inc. Rising focus of governments and railway companies on enhancing digitalization of railway infrastructure and increasing demand for efficient transportation, rail security, and commuter comfort owing to growing urbanization are some of the key factors driving the global rolling stock market growth. In addition, the growing focus of countries on enhancing their transportation systems by increasing the freight capacity is further anticipated to create lucrative opportunities for the stakeholders in the rolling stock market over the forecast period. From