Rolling Stock Market Size

Rolling Stock Market size was over USD 62.71 billion in 2024 and is projected to cross USD 147.09 billion by the end of 2037, witnessing more than 6.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of rolling stock is estimated at USD 66.12 billion. The growth of the market can be attributed to the surging traffic congestion across the globe. They are considered one of the best means of transportation as a replacement for road traffic. As per the reported data, the average annual economic losses in the United States cities from traffic congestion accounted for USD 11.0 Billion, USD 7.6 Billion in New York and Chicago respectively, every year.

In the railway transportation industry, rolling stock refers to any vehicle that can move on rails. It includes both electric and diesel vehicles such as passenger coaches, goods wagons, and others. Nowadays, the trend of driverless trains rolling stock is increasing and does not require any driver to operate. The factors that are attributing to the growth of the global rolling stock market include the export and import of goods across the globe, and the comfort of being environmentally friendly. Moreover, the increasing use of different technologies in the form of artificial intelligence, data analytics are anticipated to further support the factors that are expanding the growth of the rolling stock market in the upcoming years.