Rolling stock market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period (2024-2031). The market growth is driven by the increase in allocation of the budget for development of the railways sector, rise in demand for secure, safer, & efficient transport, and increase in use of public transport services. Additionally, […]
Tag Archives: Rolling Stock Market
Rolling stock market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period (2024-2031). The market growth is driven by the increase in allocation of the budget for development of the railways sector, rise in demand for secure, safer, & efficient transport, and increase in use of public transport services. Additionally, […]
The global Rolling Stock market size is projected to reach US$ 55730 million by 2025, from US$ 48000 million in 2020, at a CAGR of 4% during 2021-2027. Rail vehicles have facilitated easy transportation between various destinations with advantages such as cost efficiency, reliability and comfort. Therefore, the demand for rail vehicles has been increasing […]