According to a market report by Lucintel, the future of the global railroad equipment market looks promising with opportunities in the passenger, scheduling, and other markets. The global railroad equipment market is expected to grow with a CAGR of 3% from 2023 to 2030. The major drivers for this market are significant investments in rail infrastructure development, increasing urbanization and population growth, and innovations such as autonomous trains.

A more than 150-page report to understand trends, opportunity and forecast in railroad equipment market to 2030 by type (brakes, locomotives, passenger rail cars, freight, and others), application (passenger, scheduling, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that passenger rail cars will remain the largest segment over the forecast period.

Within this market, passenger will remain the largest segment.

Download sample by clicking on railroad equipment market.

GE, EMD, American Railcar Industries, Siemens, Alstom, Bombardier, Wabtec are the major suppliers in the railroad equipment market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel              

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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