Global Railway Equipment Market Growth 2023-2029

Railway equipment are involved in locomotives, passenger rail cars, freight rail cars, subway, signal, infrastructure and other parts used in operating railroads. The railway equipment industry has become the pivot for economic developments across several countries worldwide. The demand for this equipment has intensified owing to the rising volume of transported products and the expansion of the distance covered by logistics vehicles.

LPI (LP Information)' newest research report, the “Railway Equipment Industry Forecast” looks at past sales and reviews total world Railway Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Railway Equipment sales for 2023 through 2029. With Railway Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Railway Equipment industry.

This Insight Report provides a comprehensive analysis of the global Railway Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Railway Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Railway Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Railway Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Railway Equipment.

The global Railway Equipment market size is projected to grow from US$ 154050 million in 2022 to US$ 219470 million in 2029; it is expected to grow at a CAGR of 219470 from 2023 to 2029.

Global Railway Equipment key players include CRRC, Alstom, Siemens, Bombardier, CRCC, etc. Global top five manufacturers hold a share over 30%. 
China is the largest market, with a share over 30%, followed by Europe and United States, both have a share over 40% percent. 
In terms of product, Rolling Stock is the largest segment, with a share over 50%. And in terms of application, the largest application is Locomotives, followed by EMUs.

This report presents a comprehensive overview, market shares, and growth opportunities of Railway Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Rolling Stock
    Railway Infrastructure
    Others

Segmentation by application
    Locomotives
    DMUs
    EMUs
    Freight Vehicles
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    CRRC
    Alstom
    Siemens
    Bombardier
    CRCC
    CRECG
    General Electric
    Hitachi
    Hyundai Rotem
    Transmashholding
    Voestalpine
    Toshiba
    Kawasaki
    CRSC
    Wabtec

Key Questions Addressed in this Report
What is the 10-year outlook for the global Railway Equipment market?
What factors are driving Railway Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Railway Equipment market opportunities vary by end market size?
How does Railway Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Railway Equipment Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Railway Equipment Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Rolling Stock
    Table 4. Major Players of Railway Infrastructure
    Table 5. Major Players of Others
    Table 6. Global Railway Equipment Sales by Type (2018-2023) & (K Units)
    Table 7. Global Railway Equipment Sales Market Share by Type (2018-2023)
    Table 8. Global Railway Equipment Revenue by Type (2018-2023) & ($ million)
    Table 9. Global Railway Equipment Revenue Market Share by Type (2018-2023)
    Table 10. Global Railway Equipment Sale Price by Type (2018-2023) & (USD/Unit)
    Table 11. Global Railway Equipment Sales by Application (2018-2023) & (K Units)
    Table 12. Global Railway Equipment Sales Market Share by Application (2018-2023)
    Table 13. Global Railway Equipment Revenue by Application (2018-2023)
    Table 14. Global Railway Equipment Revenue Market Share by Application (2018-2023)
    Table 15. Global Railway Equipment Sale Price by Application (2018-2023) & (USD/Unit)
    Table 16. Global Railway Equipment Sales by Company (2018-2023) & (K Units)
    Table 17. Global Railway Equipment Sales Market Share by Company (2018-2023)
    Table 18. Global Railway Equipment Revenue by Company (2018-2023) ($ Millions)
    Table 19. Global Railway Equipment Revenue Market Share by Company (2018-2023)
    Table 20. Global Railway Equipment Sale Price by Company (2018-2023) & (USD/Unit)
    Table 21. Key Manufacturers Railway Equipment Producing Area Distribution and Sales Area
    Table 22. Players Railway Equipment Products Offered
    Table 23. Railway Equipment Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 24. New Products and Potential Entrants
    Table 25. Mergers & Acquisitions, Expansion
    Table 26. Global Railway Equipment Sales by Geographic Region (2018-2023) & (K Units)
    Table 27. Global Railway Equipment Sales Market Share Geographic Region (2018-2023)
    Table 28. Global Railway Equipment Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 29. Global Railway Equipment Revenue Market Share by Geographic Region (2018-2023)
    Table 30. Global Railway Equipment Sales by Country/Region (2018-2023) & (K Units)
    Table 31. Global Railway Equipment Sales Market Share by Country/Region (2018-2023)
    Table 32. Global Railway Equipment Revenue by Country/Region (2018-2023) & ($ millions)
    Table 33. Global Railway Equipment Revenue Market Share by Country/Region (2018-2023)
    Table 34. Americas Railway Equipment Sales by Country (2018-2023) & (K Units)
    Table 35. Americas Railway Equipment Sales Market Share by Country (2018-2023)
    Table 36. Americas Railway Equipment Revenue by Country (2018-2023) & ($ Millions)
    Table 37. Americas Railway Equipment Revenue Market Share by Country (2018-2023)
    Table 38. Americas Railway Equipment Sales by Type (2018-2023) & (K Units)
    Table 39. Americas Railway Equipment Sales by Application (2018-2023) & (K Units)
    Table 40. APAC Railway Equipment Sales by Region (2018-2023) & (K Units)
    Table 41. APAC Railway Equipment Sales Market Share by Region (2018-2023)
    Table 42. APAC Railway Equipment Revenue by Region (2018-2023) & ($ Millions)
    Table 43. APAC Railway Equipment Revenue Market Share by Region (2018-2023)
    Table 44. APAC Railway Equipment Sales by Type (2018-2023) & (K Units)
    Table 45. APAC Railway Equipment Sales by Application (2018-2023) & (K Units)
    Table 46. Europe Railway Equipment Sales by Country (2018-2023) & (K Units)
    Table 47. Europe Railway Equipment Sales Market Share by Country (2018-2023)
    Table 48. Europe Railway Equipment Revenue by Country (2018-2023) & ($ Millions)
    Table 49. Europe Railway Equipment Revenue Market Share by Country (2018-2023)
    Table 50. Europe Railway Equipment Sales by Type (2018-2023) & (K Units)
    Table 51. Europe Railway Equipment Sales by Application (2018-2023) & (K Units)
    Table 52. Middle East & Africa Railway Equipment Sales by Country (2018-2023) & (K Units)
    Table 53. Middle East & Africa Railway Equipment Sales Market Share by Country (2018-2023)
    Table 54. Middle East & Africa Railway Equipment Revenue by Country (2018-2023) & ($ Millions)
    Table 55. Middle East & Africa Railway Equipment Revenue Market Share by Country (2018-2023)
    Table 56. Middle East & Africa Railway Equipment Sales by Type (2018-2023) & (K Units)
    Table 57. Middle East & Africa Railway Equipment Sales by Application (2018-2023) & (K Units)
    Table 58. Key Market Drivers & Growth Opportunities of Railway Equipment
    Table 59. Key Market Challenges & Risks of Railway Equipment
    Table 60. Key Industry Trends of Railway Equipment
    Table 61. Railway Equipment Raw Material
    Table 62. Key Suppliers of Raw Materials
    Table 63. Railway Equipment Distributors List
    Table 64. Railway Equipment Customer List
    Table 65. Global Railway Equipment Sales Forecast by Region (2024-2029) & (K Units)
    Table 66. Global Railway Equipment Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 67. Americas Railway Equipment Sales Forecast by Country (2024-2029) & (K Units)
    Table 68. Americas Railway Equipment Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 69. APAC Railway Equipment Sales Forecast by Region (2024-2029) & (K Units)
    Table 70. APAC Railway Equipment Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 71. Europe Railway Equipment Sales Forecast by Country (2024-2029) & (K Units)
    Table 72. Europe Railway Equipment Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 73. Middle East & Africa Railway Equipment Sales Forecast by Country (2024-2029) & (K Units)
    Table 74. Middle East & Africa Railway Equipment Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 75. Global Railway Equipment Sales Forecast by Type (2024-2029) & (K Units)
    Table 76. Global Railway Equipment Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 77. Global Railway Equipment Sales Forecast by Application (2024-2029) & (K Units)
    Table 78. Global Railway Equipment Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 79. CRRC Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 80. CRRC Railway Equipment Product Portfolios and Specifications
    Table 81. CRRC Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 82. CRRC Main Business
    Table 83. CRRC Latest Developments
    Table 84. Alstom Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 85. Alstom Railway Equipment Product Portfolios and Specifications
    Table 86. Alstom Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 87. Alstom Main Business
    Table 88. Alstom Latest Developments
    Table 89. Siemens Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 90. Siemens Railway Equipment Product Portfolios and Specifications
    Table 91. Siemens Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 92. Siemens Main Business
    Table 93. Siemens Latest Developments
    Table 94. Bombardier Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 95. Bombardier Railway Equipment Product Portfolios and Specifications
    Table 96. Bombardier Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 97. Bombardier Main Business
    Table 98. Bombardier Latest Developments
    Table 99. CRCC Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 100. CRCC Railway Equipment Product Portfolios and Specifications
    Table 101. CRCC Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 102. CRCC Main Business
    Table 103. CRCC Latest Developments
    Table 104. CRECG Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 105. CRECG Railway Equipment Product Portfolios and Specifications
    Table 106. CRECG Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 107. CRECG Main Business
    Table 108. CRECG Latest Developments
    Table 109. General Electric Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 110. General Electric Railway Equipment Product Portfolios and Specifications
    Table 111. General Electric Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 112. General Electric Main Business
    Table 113. General Electric Latest Developments
    Table 114. Hitachi Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 115. Hitachi Railway Equipment Product Portfolios and Specifications
    Table 116. Hitachi Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 117. Hitachi Main Business
    Table 118. Hitachi Latest Developments
    Table 119. Hyundai Rotem Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 120. Hyundai Rotem Railway Equipment Product Portfolios and Specifications
    Table 121. Hyundai Rotem Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 122. Hyundai Rotem Main Business
    Table 123. Hyundai Rotem Latest Developments
    Table 124. Transmashholding Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 125. Transmashholding Railway Equipment Product Portfolios and Specifications
    Table 126. Transmashholding Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 127. Transmashholding Main Business
    Table 128. Transmashholding Latest Developments
    Table 129. Voestalpine Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 130. Voestalpine Railway Equipment Product Portfolios and Specifications
    Table 131. Voestalpine Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 132. Voestalpine Main Business
    Table 133. Voestalpine Latest Developments
    Table 134. Toshiba Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 135. Toshiba Railway Equipment Product Portfolios and Specifications
    Table 136. Toshiba Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 137. Toshiba Main Business
    Table 138. Toshiba Latest Developments
    Table 139. Kawasaki Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 140. Kawasaki Railway Equipment Product Portfolios and Specifications
    Table 141. Kawasaki Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 142. Kawasaki Main Business
    Table 143. Kawasaki Latest Developments
    Table 144. CRSC Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 145. CRSC Railway Equipment Product Portfolios and Specifications
    Table 146. CRSC Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 147. CRSC Main Business
    Table 148. CRSC Latest Developments
    Table 149. Wabtec Basic Information, Railway Equipment Manufacturing Base, Sales Area and Its Competitors
    Table 150. Wabtec Railway Equipment Product Portfolios and Specifications
    Table 151. Wabtec Railway Equipment Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 152. Wabtec Main Business
    Table 153. Wabtec Latest Developments
List of Figures
    Figure 1. Picture of Railway Equipment
    Figure 2. Railway Equipment Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Railway Equipment Sales Growth Rate 2018-2029 (K Units)
    Figure 7. Global Railway Equipment Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Railway Equipment Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Rolling Stock
    Figure 10. Product Picture of Railway Infrastructure
    Figure 11. Product Picture of Others
    Figure 12. Global Railway Equipment Sales Market Share by Type in 2022
    Figure 13. Global Railway Equipment Revenue Market Share by Type (2018-2023)
    Figure 14. Railway Equipment Consumed in Locomotives
    Figure 15. Global Railway Equipment Market: Locomotives (2018-2023) & (K Units)
    Figure 16. Railway Equipment Consumed in DMUs
    Figure 17. Global Railway Equipment Market: DMUs (2018-2023) & (K Units)
    Figure 18. Railway Equipment Consumed in EMUs
    Figure 19. Global Railway Equipment Market: EMUs (2018-2023) & (K Units)
    Figure 20. Railway Equipment Consumed in Freight Vehicles
    Figure 21. Global Railway Equipment Market: Freight Vehicles (2018-2023) & (K Units)
    Figure 22. Railway Equipment Consumed in Others
    Figure 23. Global Railway Equipment Market: Others (2018-2023) & (K Units)
    Figure 24. Global Railway Equipment Sales Market Share by Application (2022)
    Figure 25. Global Railway Equipment Revenue Market Share by Application in 2022
    Figure 26. Railway Equipment Sales Market by Company in 2022 (K Units)
    Figure 27. Global Railway Equipment Sales Market Share by Company in 2022
    Figure 28. Railway Equipment Revenue Market by Company in 2022 ($ Million)
    Figure 29. Global Railway Equipment Revenue Market Share by Company in 2022
    Figure 30. Global Railway Equipment Sales Market Share by Geographic Region (2018-2023)
    Figure 31. Global Railway Equipment Revenue Market Share by Geographic Region in 2022
    Figure 32. Americas Railway Equipment Sales 2018-2023 (K Units)
    Figure 33. Americas Railway Equipment Revenue 2018-2023 ($ Millions)
    Figure 34. APAC Railway Equipment Sales 2018-2023 (K Units)
    Figure 35. APAC Railway Equipment Revenue 2018-2023 ($ Millions)
    Figure 36. Europe Railway Equipment Sales 2018-2023 (K Units)
    Figure 37. Europe Railway Equipment Revenue 2018-2023 ($ Millions)
    Figure 38. Middle East & Africa Railway Equipment Sales 2018-2023 (K Units)
    Figure 39. Middle East & Africa Railway Equipment Revenue 2018-2023 ($ Millions)
    Figure 40. Americas Railway Equipment Sales Market Share by Country in 2022
    Figure 41. Americas Railway Equipment Revenue Market Share by Country in 2022
    Figure 42. Americas Railway Equipment Sales Market Share by Type (2018-2023)
    Figure 43. Americas Railway Equipment Sales Market Share by Application (2018-2023)
    Figure 44. United States Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 45. Canada Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 46. Mexico Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 47. Brazil Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 48. APAC Railway Equipment Sales Market Share by Region in 2022
    Figure 49. APAC Railway Equipment Revenue Market Share by Regions in 2022
    Figure 50. APAC Railway Equipment Sales Market Share by Type (2018-2023)
    Figure 51. APAC Railway Equipment Sales Market Share by Application (2018-2023)
    Figure 52. China Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 53. Japan Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 54. South Korea Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 55. Southeast Asia Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 56. India Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 57. Australia Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 58. China Taiwan Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 59. Europe Railway Equipment Sales Market Share by Country in 2022
    Figure 60. Europe Railway Equipment Revenue Market Share by Country in 2022
    Figure 61. Europe Railway Equipment Sales Market Share by Type (2018-2023)
    Figure 62. Europe Railway Equipment Sales Market Share by Application (2018-2023)
    Figure 63. Germany Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 64. France Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 65. UK Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 66. Italy Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 67. Russia Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 68. Middle East & Africa Railway Equipment Sales Market Share by Country in 2022
    Figure 69. Middle East & Africa Railway Equipment Revenue Market Share by Country in 2022
    Figure 70. Middle East & Africa Railway Equipment Sales Market Share by Type (2018-2023)
    Figure 71. Middle East & Africa Railway Equipment Sales Market Share by Application (2018-2023)
    Figure 72. Egypt Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 73. South Africa Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 74. Israel Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 75. Turkey Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 76. GCC Country Railway Equipment Revenue Growth 2018-2023 ($ Millions)
    Figure 77. Manufacturing Cost Structure Analysis of Railway Equipment in 2022
    Figure 78. Manufacturing Process Analysis of Railway Equipment
    Figure 79. Industry Chain Structure of Railway Equipment
    Figure 80. Channels of Distribution
    Figure 81. Global Railway Equipment Sales Market Forecast by Region (2024-2029)
    Figure 82. Global Railway Equipment Revenue Market Share Forecast by Region (2024-2029)
    Figure 83. Global Railway Equipment Sales Market Share Forecast by Type (2024-2029)
    Figure 84. Global Railway Equipment Revenue Market Share Forecast by Type (2024-2029)
    Figure 85. Global Railway Equipment Sales Market Share Forecast by Application (2024-2029)
    Figure 86. Global Railway Equipment Revenue Market Share Forecast by Application (2024-2029)

CRRC
Alstom
Siemens
Bombardier
CRCC
CRECG
General Electric
Hitachi
Hyundai Rotem
Transmashholding
Voestalpine
Toshiba
Kawasaki
CRSC
Wabtec

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape