The Rolling Stock Market Size was valued at USD 53.87 billion in 2022 and is expected to reach USD 74.86 billion by 2030 and grow at a CAGR of 4.2% over the forecast period 2023-2030.
The Rolling Stock market, comprising trains and associated vehicles, is a cornerstone of modern transportation infrastructure, connecting regions and facilitating the movement of goods and people. As technological advancements continue to shape the industry, the market is witnessing a shift towards more energy-efficient and digitally integrated rolling stock. High-speed trains, electric locomotives, and advanced signaling systems are redefining the efficiency and sustainability of rail transport. With a global focus on reducing carbon footprints, the Rolling Stock market plays a crucial role in providing a greener alternative to conventional modes of transportation, ensuring the continued evolution of rail networks for a more interconnected and sustainable future.
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