Railway Passenger Coach Market

Railway passenger coach market: download new data powered by an Ai-driven market intelligence platform. Facts and figures include imports, production, consumption, market size, market prices, trade, exports, and companies. Here is a split by region, including the U.K., Russia, China, the Middle East, EU, Africa, Latin America, and the U.S. Market insights and outlook to 2030 are also provided in the dashboards.

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Railway Passenger Coach - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by Australia. It was followed by Nigeria.

In China, the railway passenger coach market expanded at an average annual rate of +4.1% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Australia (+14.0% per year) and Nigeria (+307.3% per year).

Railway Passenger Coach Prices

Railway Passenger Coach - Top Importers

In value terms, the largest railway passenger coach importing markets worldwide were Australia ($184M), Nigeria ($101M) and Thailand ($14M), with a combined 24% share of global imports.

Thailand (+437.4% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Railway Passenger Coach - Top Exporters

In value terms, Germany ($236M), Russia ($194M) and Japan ($87M) were the countries with the highest levels of exports in 2020, together accounting for 52% of global exports. China, France, Indonesia, South Korea, Saudi Arabia, the Czech Republic and Singapore lagged somewhat behind, together accounting for a further 18%.

In terms of the main exporting countries, Saudi Arabia (+620.1% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Railway Passenger Coach - Market Forecast

Driven by increasing demand for railway passenger coach worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Railway Passenger Coach - Top Companies

CRRC Group Co., Ltd., CRRC Corporation Limited, ALSTOM Schienenfahrzeuge AG, Bombardier Inc, China Railway Signal & Communication Corporation Limited, ARGE Gate Oerlikon, ALSTOM TRANSPORT SA, Westinghouse Air Brake Technologies Corporation, Trinity Industries, Inc., Hyundai Rotem Company, The Greenbrier Companies Inc, Bombardier Transportation GmbH, Union Tank Car Company, Inner Mongolia First Machinery Group Co., Ltd., CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, SA, CRRC Nanjing Puzhen Co., Ltd., UGL RAIL PTY LTD, Knorr Brake Holding Corporation, BOMBARDIER TRANSPORTATION UK LTD, DB Fahrzeuginstandhaltung GmbH

Railway Passenger Coach - Product Coverage

• HS 8605 - Railway or tramway coaches; passenger coaches, luggage vans, post office coaches and other special purpose railway or tramway coaches, not self-propelled (excluding those of heading no. 8604)

Source: IndexBox Market Intelligence Platform