Australia Rolling Stock Market 2024-2030

Description

INTRODUCTION

The demand for rolling stocks is expected to increase over the medium term as a result of factors such advancing technology, increased environmental concerns, traffic congestion, and fast urbanisation.

Furthermore, as orders for rolling stock have longer lead periods and must endure for a long time, rigorous innovation and research are essential to producing sturdy rolling stock. Governments are taking a proactive role in this industry to improve the most affordable and safest mode of transportation.

The future of rail travel will likely include driverless trains, ultra-high-speed trains, and other cutting-edge technologies. It is considered one of the most upscale modes of transportation for commuting, as well as for lengthy transportation of big or bulky items.

AUSTRALIA ROLLING STOCK MARKET SIZE AND FORECAST

The Australia Rolling Stock Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.

MARKET DYNAMICS

The state of Victoria’s Department of Transport will receive 100 Flexity low-floor Next Generation Trams (NGTs) from Alstom. The Melbourne Tram Network will operate the trams.

The deal is Alstom’s largest in Australia and the Southern Hemisphere, and it also includes maintenance for a term of 15 years. The 250-kilometer-long Melbourne tram network, which boasts the biggest tram network in the world, will progressively be replaced with the new low-floor trams.

The project will offer a remedy for the problem of balancing the rise in passenger demand with the requirement for sustainable transportation results.

There are already a sizable number of Alstom products operating in Victoria, including 106 X’trapolis suburban trains, 141 Flexity and Citadis trams, and 141 Flexity and Citadis trams. Additionally, the business has delivered 95 Vlocity regional trains thus far, and counting.

COMPANY PROFILE

• CRRC Corporation Limited
• Siemens
• Bombardier Transportation
• Downer Rail
• UGL Rail
• Alstom
• Gemco Rail
• Wabtec
• Kawasaki Heavy Industries Ltd.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Australia Rolling Stock Market right now and how will it change in next 5-6 years?
2. Average cost to set up a Rolling Stock Market in Australia?
3. How many Australia Rolling Stock Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a Australia Rolling Stock Market and key vendor selection criteria
6. Where is the Australia Rolling Stock Market manufactured? What is the average margin per equipment?
7. Market share of Australia Rolling Stock Market manufacturers and their upcoming products
8. The most important planned Australia Rolling Stock Market in next 2 years
9. Details on network of major Australia Rolling Stock Market and pricing plans
10. Cost advantage for OEMs who manufacture Australia Rolling Stock Market in-house
11. 5 key predictions for next 5 years in Australia Rolling Stock Market
12. Average B-2-B Australia Rolling Stock Market price in all segments
13. Latest trends in Australia Rolling Stock Market, by every market segment
14. The market size (both volume and value) of Australia Rolling Stock Market in 2024-2030 and every year in between
15. Global production breakup of Australia Rolling Stock Market, by suppliers and their OEM relationship