Rolling Stock Sub-system Market

Rolling Stock Sub-system Market 2022 Trends, Standardization, Challenges Research, Key Players and Forecast to 2030

Rolling Stock Sub-system Market transportation industry, rolling stock refers to any vehicle that can move on rails. It includes both powered and unpowered vehicles such as freight waggons, passenger coaches, and others. The trend of autonomous rolling stocks is currently on the rise. For example, automated trains or driverless trains, which do not require a driver to operate or work. They run automatically and are monitored or controlled by a control station.

Furthermore, if an obstacle is encountered along the route, a message is sent to the operational control centre and the train attendant to stop the train. For example, Kawasaki Heavy Industries, Ltd. announced the launch of remote track monitoring services across North America in May 2021. This new remote track monitoring service incorporates railway-specific information and communication technology. One of North America’s Class 1 railroads has awarded it a contract to outfit locomotives with monitoring devices and provide remote track monitoring services to aid in track maintenance.

The impact of COVID 19 on the rolling stock market was significant. In 2020, governments in various regions announced total lockdowns and temporary shutdowns of industries, affecting overall production processes and impeding the global rolling stock market. Rail vehicle production has suffered in major countries due to lockdowns, supply shortages, and production suspensions in 2020. Demand for new rail vehicles is not expected in pandemic-affected countries due to factors such as travel preferences and the uncertainty of lockdowns (partial or total) in place. The COVID-19 caused a 13 percent drop in rail vehicle sales in 2020, according to the industry. However, by 2021, the market had shown signs of recovery and had already surpassed the total number of new orders.

Rising government investments and the implementation of several policies aimed at the maintenance and repair of existing infrastructure and trains, as well as the development of new rail networks, boost the railway subsystem aftermarket. Furthermore, major market players are investing in developing innovative solutions for monitoring subsystems. Bombardier, a leading provider of railway subsystems, has introduced the OPTIFLO solution, which can address the mentioned railway infrastructure challenges. These solutions assist companies in expanding their product portfolio and detecting issues in subsystems, which directly propels the aftermarket.

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Key players in the Rolling Stock Sub-system Market

Jukova
Interpipe Group
CRRC
Taiyuan Heavy Industry
Akebono Brake Industry
Amsted Rail
HIFraser
GHH Radsatz
Knorr-Bremse
Jointech Vehicle System Co., Ltd.
Hutchinson
Johnson Controls
Freedman Seating Co.
Icer Rail
Camira Fabrics Ltd.
HBL
Federal-Mogul Corporation
Frenoplast
Dellner
Datong ABC Castings Company Limited
SIGMA
ULTIMATE Europe
Qingdao Victall Railway Co., Ltd
Saft
Exide Technologies
Grammar AG
ABB
Penn Machine Co
Lucchini
Siemens
DAKO-CZ
Evac GmbH
Astra Trading GmbH
Schaltbau Alte
HüBNER GmbH & Co. KG
ATG AUTOTECHNIK GmbH
DAN DRYER
Dellner
EnerSys
Toshiba Corporation
Merak
Samsung
Tribo Rail
Amsted Rail
Farinia Group
Fonderies de Brousseval et Montreuil(FBM)
Ingersoll-Rand PLC
Wabtec Corporation
Voith Turbo, Inc
Magna International,
Birley Manufacturing Limited

 on the basis of types, the Rolling Stock Sub-system market 

Brake systems
Brake discs
Wheel sets
Train HVAC
Train Engines / batteries / traction / power systems
Train Seating & interior
Train Gang ways
Train Toilets
Train Couplers
Train Digital displays & audio
Train Wifi

  on the basis of applications, the Rolling Stock Sub-system market 

Tram-trains
Regional Trains
High-speed Trains

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in

North America

United States

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Russia

Others

Asia-Pacific

China

Japan

South Korea

Australia

India

South America

Brazil

Argentina

Columbia

Middle East and Africa

UAE

Egypt

South Africa

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