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There are more than 200 passenger railway operating companies in the European Union, generating more than 9 billion trips annually. Germany and Switzerland alone have more than 100 rail operators. About 70% of all operators are public(government) owned whereas the remaining are private owned.
In terms of infrastructure, about 230,000km long rail tracks exist in all EU countries. Germany, France and Poland have more than 30% cumulative share, Germany being the biggest.
China is now a powerhouse in high-speed rolling stock manufacturing and exports, and much of that has happened between 2005-2015. 16 years ago (2004), China abandoned its own development attempt at high-speed rail development, deciding instead to rely upon Japanese, German, and French technology.
Rail transit is not as big in North America as Europe or China. The US has just over 1,500km network of light rail transit whereas Canada has just over 200km network length.
The freight rail market in North America is 3X bigger than passenger transit because of the sheer length and breadth of the two countries.
The Indian Railways contributes to ~3% of the country’s gross domestic product (GDP) and has social obligations pegged at $5.3 Billion annually. It is among the few government-owned enterprises which have been incurring losses year-after-year. Railways around the world, like in the US, Europe and Japan have undergone ownership changes. But, Indian railways continue to be monitored by the government.
The Indian Railways plan of exporting its coaches in the global $180 Billion rolling stock market will be a major growth driver for the rolling stock market in India. New coach manufacturing in India has already got a boost by record high CAPEX allocation of ~$900M in the FY 2019-20 budget, a sharp increase as compared to just ~$500M in FY 2018-2019.
Simultaneously, Chinese manufacturers are increasingly targeting foreign markets, partly due to the weakening domestic demand. For example, the large state-owned companies CRRC, China Railway Engineering Corporation (CREC) and China Railway Construction Corporation (CRCC) have been able to win orders in almost all world regions in recent years.
RCG is in the process of developing MIKE, a digital assistant. The tracking application within MIKE shows shipment locations. By means of the ordering function, MIKE supports the ordering of empty wagons and the capacity planning function enables key customers to directly ascertain wagon requirements via specific production capacity planning.
The rapid development of computer vision and Artificial Intelligence has significantly improved the resolution of cameras, the recognition capability of AI algorithms, and the computing cost has plummeted. This means technologies originally used in high-value service scenarios can now be widely adopted in the public transportation industry.
The video AI-based head to shoulder recognition person re-identification technology (which matches people across disjointed camera views in a multi-camera system) on the hardware platform, based on a combination of a low-cost vehicle-mounted camera and edge computing, can be applied in public transportation for passenger flow recognition and precise passenger flow analysis at a low cost.
It provides network planning with an OD matrix that covers all times of day and all passenger flows, which can greatly improve the precision of spatial-temporal matching of transport capacity and passenger flow distribution, as well as increase computing power without adding vehicles. In this way, the transportation network can accommodate more passengers.
Global Rolling stock market is estimated at $XXB in 2020, growing at XX% CAGR by 2030.
The Chinese rail technology market is worth €37bn, and is expected to grow by XX% annually until 2026, with the after-sales market growing at a compound annual growth rate (CAGR) of XX%. CHINA National Railways (CR) reported a total of 2.166 billion passenger journeys in 2020, down 39.4% from 3.578 billion in 2019, due to the Covid-19 pandemic.
The Rolling stock market in Europe is estimated at 18.5B Euros in 2020 or ~35% of the global market. The Community of European Railway and Infrastructure Companies (CER) has reported that estimated total revenue for the European Union’s (EU) rail sector fell by around €26bn year-on-year in 2020 due to the Covid-19 pandemic, with passenger operators accounting for €24bn of this figure.
To know more about the Rolling stock market in Europe 2020-2025, read our report
Indian rolling stock manufacturing is majorly carried out by government owned companies but freight wagons and metro coaches are manufactured predominantly by private companies.
June 2022: CONCOR is one of India’s most well-known rail logistics firms . It has stated that it intends to invest in Rolling Stock and Infrastructure. Purchasing rolling stock, constructing infrastructure, and obtaining containers and equipment will be the primary areas of investment.
Indian Railways’ freight division is likewise working to improve last-mile connectivity and product offerings for its logistics clients. Internal accruals will account for the majority of capital expenditures. The rail freight company intends to buy rakes, which are now in the procurement process.
In the next three to four years, the corporation intends to buy large amount of containers. In the next four to five years, CONCOR wants domestic activities to account for almost half of total sales.
The firm is also expanding its product line to include bulk cargo handling, which is in high demand in the cement industry. It intends to transport millions of tonnes of cement each year.
June 2021: The Indian Government has approved a proposal to allot 5MHz spectrum in the 700MHz frequency band to Indian Railways. This project is expected to cost nearly $3.42bn and will be finished in five years.
Feb 2020 : India’s Bangalore Metro Rail Corporation Ltd. (BMRCL) awarded a $220M order ( @ ~$1M per coach, cheapest metro bid cost ever)contract to China’s CRRC Corporation’s subsidiary for 36 train sets consisting of 216 coaches. The awarded cost was almost $30M cheaper than that of the second bidder, Bombardier
Oct 2019– BEML which has ~almost 50% market share in metro cars in India inaugurated a bogie and traction motor testing facility at its metro car manufacturing plant at the BEML Bangalore Complex
Oct 2019– State run, loss making, Indian Railways planned to invite private domestic and international operators to bid for operating passenger trains on a lease basis on 25 inter-city routes covering distances from 500-700km.Private operators will be required to pay haulage fees along with the lease fee
Oct 2019- Indian Railways planned to procure 100 new trains by 2022 to increase the speed of services. Initially seven trains will be imported and the remaining trains will be manufactured in India under a technology transfer arrangement
To know more about Rolling stock market in India 2019-2025, Read our report
May 2021 – China has started the construction of a test line in China’s Shanxi Province to handle maglev trains operating at speeds of up to 1,000km/h. The maglev project is being undertaken by the North University of China and the Third Research Institute at China Aerospace Science and Industry Corporation.
May 2021 – In China Brand Expo, CRRC unveiled its high-speed maglev train with a speed of 600 km/h, transnational interconnected high-speed EMUs with a speed of 400 km/h, and smart train windows.
Jan 2021 – Bombardier Sifang (Qingdao) Transportation Ltd, was awarded a contract with China State Railway Group Co., Ltd. (CHINA RAILWAY) to provide maintenance service for 280 high-speed train cars (32 trains), which BST manufactured for China’s evolving high-speed rail network.
Jan 2021 – Alstom have been entrusted with seven metro projects across three of Mainland China’s top 10 populous cities – namely Chengdu, Shanghai and Xi’an
Jan 2021 – The new Prototype of the 600-kilometer-per-hour maglev train developed and manufactured by CRRC Sifang successfully completed a trial run on the maglev test line of Shanghai Tongji University.
Dec 2019– A hydrogen fuel cell Tram has started testing in Foshan ahead of the opening of the city’s first tram route. CRRC Qingdao Sifang is supplying eight trams powered by hydrogen fuel cells developed with Canada based Ballard Power Systems
Sep 2019– The first of 49 driverless trains to operate on Shanghai metro Line 14 was officially rolled out by CRRC Nanjing Puzhen. The eight-car Type A trainsets are equipped with Bombardier’s Mitrac propulsion and control systems
Huawei has gained in-depth insight into railway transportation. Applying its leading communications and digital platform capabilities, Huawei and industry partners launched the innovative Smart Locomotive Solution, which uses 5G and AI. This solution reduces locomotive experts’ heavy workloads, enables more intelligent operations, and better ensures railway transportation safety, which helps CR-Xi’an embark on a smart journey.
June 2021 – WABTEC and General Motors (GM) are set to collaborate in the development and commercialization of GM’s Ultium battery technology and Hydrotec hydrogen fuel cell system in Wabtec locomotives.
June 2021 – The Washington Metropolitan Area Transit Authority (Metro) in the US has introduced SmarTrip on Google Pay to streamline the payment process for Metro and all regional transit providers.
March 2021 – Alstom received an initial order from Metra, the commuter rail system in the Chicago metropolitan area serving the city of Chicago and surrounding suburbs, to supply 200 push-pull commuter rail cars. This initial order of 200 rail cars is worth approximately $550 million.
March 2021 – Washington Metropolitan Area Transit Authority awarded Hitachi Rail a contract to supply the next generation of trains for the federal capital’s 165 km, six-route metro network.
Dec 2020 – Bombardier Transportation signed a contract with Mosaic Transit Partners Maintenance GP (MTM) to provide 30 years of maintenance services for the Finch West Light Rail Transit (LRT) project in Toronto
Sept 2020 – Bombardier Transportation and New Jersey Transit Corporation (NJ TRANSIT) has exercised an option for eight additional BOMBARDIER ALP-45 dual-power locomotives. NJ TRANSIT will now own 60 of these locomotives.
Russia accounts for 1/3rd of total freight wagon production followed by China. High capacity freight wagons (>61 tons payload) represent 63% of the fleet, compared to 3.5% in 1995.
In August 2020, Chinese National Railway estimated the national network to reach 200,000 route-km by the end of 2035, including 70,000 km of high-speed lines. This will significantly boost the wagon market value in coming years.
The DFC project in India is expected to impact the wagon production heavily and highest growth rate in terms of volume.
In Russia, UWC and UVZ were the largest freight wagon manufacturers in the country.Cumulatively, they accounted for ~50% of the market share in the wagon production in the country.
About 13 million rail freight car loads move per annum within North America but in Jan 2021, the YOY growth is down by ~8%.
To know more about the freight wagon market, read our report.
The need for cargo and freight waggon trackability and security has long been acknowledged by governments and private freight rail operators, especially when goods are transported across international borders.
The Rail Working Group (RWG) is the international nonprofit organisation in charge of implementing the Luxembourg Rail Protocol globally, a standardised system for identifying, recognising, and enforcing security for creditors financing railway rolling stock.
In order to implement the upcoming Unique Rail Vehicle Identification System (or URVIS), which will be made available for the first time under the Protocol, the RWG and Swiss supply chain digitization pioneer Nexxiot are already working together. This will enable full global cargo rail digitization.
As soon as URVIS numbers are available, every rolling stock supported by Nexxiot will be given URVIS numbers using the company’s exclusive cloud-based system, which has the adaptability and scalability to enable widespread acceptance by shippers, operators, and governments.
The world’s largest manufacturer of rolling stock, China Railway Rolling Stock Corporation (CRRC), and Rolls-Royce Power Systems have decided to expand and strengthen their productive relationship. Senior executives from both corporations have now signed a comparable agreement in Friedrichshafen.
One of the points of agreement is the CRRC’s pledge to keep Rolls-MTU Royce’s engines in mind for its locomotives and diesel railcars. The two businesses also decided to work together on future power delivery technologies, such as gas engines and hybrid motors.
CHF 935 million.
The Polish railway carrier LOTOS Kolej acquired and presented a state-of-the-art Vectron MS locomotive built by Siemens Mobility. The new addition to its fleet will endorse the fast-growing intermodal transport activities in Poland.
The shift2030 initiative claims to have launched the tool that will allow more shippers and logistics service providers to turn to rail freight. The MATCH2RAIL platform aims to provide visibility to customers who are currently not using rail and help them enhance combined transport solutions.
Oxygen, a companion towards the digitalization journey and predictive maintenance for railway infrastructures and rolling stock. Control, visualize, export, integrat and predict. Combined with Stimio’s railway-certified battery-powered IoT devices, Oxygen delivers everything you need in an all-in-one SaaS platform. From device management to visualization and prediction, Oxygen unlocks data’s potential and turns them into intelligent and actionable insights.
Alstom has signed a €300 million contract with Victoria’s Department of Transport (DoT) to locally supply 25 six-car X’trapolis trains for Melbourne’s suburban rail network.
The contract follows an extensive two-year interactive design process with the DoT to design and engineer a rolling stock solution, specifically compatible with Melbourne’s unique existing rail infrastructure.
This new generation X’trapolis will deliver a much-needed network capacity increase without the need for major, costly infrastructure and power supply upgrades.
The new trains, in line with Alstom’s strategy to deliver greener and more sustainable mobility, will be more accessible, reliable and energy efficient.
The Minister Of Railways inaugurated the International Conference on Technology for Ultra High Speed Rolling Stock.The International Conference on Technology for Ultra High Speed Rolling Stock was officially opened by Minister of Railways Shri Suresh Prabhakar Prabhu.
It was organised by the Institute of Rolling Stock Engineers (IRSE) and Indian Railways Service of Mechanical Engineers Association (IRSMEA) with the active participation of Indian Railways. Additionally present were Shri Hemant Kumar, Member of the Railway Board for Rolling Stock, and Shri A. K. Mittal, Member of the Railway Board for Engineering.
According to Shri Suresh Prabhakar Prabhu, Minister of Railways, advanced technology always plays a significant part in the development of a country.
According to him, the advancement of technology is the only factor that can modernise the railroads, therefore Indian Railways, the lifeblood of the nation, is now developing and implementing ultra-high-speed technology.
The goal of Indian Railways is to improve the average speed of all trains so that everyone benefits from a journey that takes no more than 12 hours to complete from one region of India to the other.
Indian Railways plans to develop and apply ultra-high-speed technology as part of Make in India so that it may be used domestically and exported as well. The ultra high speed rolling stock’s main goals are to improve customer satisfaction, safety, speed, and capacity.
He added that the railroads aim to build a technology that would benefit them in the long term as part of the “Make in India” Campaign.
Under the auspices of the Institute of Rolling Stock Engineers (IRSE) and Indian Railways Service of Mechanical Engineers Association, a first-ever international conference on technology for ultra-high-speed rolling stock for operation at maximum speeds of 500 kmph and above is being held in India.
It is also receiving support from Indian Railways, Railway PSUs RITES and Konkan Railway Corporation Limited. All Ultra High Speed majors have expressed interest in the conference.
Participants include industry titans including Hyper Loop Transport Technology, USA, Quadralev, USA, Talgo, Spain, RTRI Japan, Siemens, Knorr Bremse, Germany, and Prose, Switzerland. Approximately 500 representatives from the railway industry, Indian industry, diplomatic community, global industry, railway union federations, etc.
This conference is being held just before the Expression of Interest period for the PPP development, construction, and operation of an Ultra High Speed Railway system in India opens.
In order for Indian Railway to proceed to the next stage of project approval, it is anticipated that the EOI would provide a comprehensive overview of developing technologies that are currently accessible globally in this cutting-edge field of railway technology.
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