Description
INTRODUCTION TO US ROLLING STOCK MARKET
In the rail transportation sector, rolling stock refers to both powered and non-powered railway vehicles, such as locomotives, freight and passenger cars, and non-revenue cars.
Unpowered, self-propelled, single, or numerous units are all possible for passenger vehicles. A train is a group of connected railroad cars.
The phrase rolling stock has been expanded in the United States from the older, more broadly defined trains to encompass wheeled vehicles utilised by corporations on public roads.
The term uses the word stock to refer to an inventory. Rolling stock is seen as a liquid asset, or one that can be easily approximated to be liquid, because the vehicle’s value may be quickly determined and supplied to the buyer without incurring significant costs or delays.
In contrast, fixed stock (infrastructure), which refers to all of the track, signals, stations, additional buildings, electrical lines, etc. needed to run a railway, is a general phrase for all of these items.
US ROLLING STOCK MARKET PARTNERSHIP
Union Pacific, a US-based company, has awarded Wabtec a significant contract for the modernization of its locomotives.
According to the agreement, the business will modernise Union Pacific’s locomotives by integrating cutting-edge digital technologies.
Along with other locomotives, the contract’s scope covers the overhaul of Union Pacific’s most recent locomotives.
These locomotives will be outfitted with cutting-edge digital technologies, such as the modular control architecture and the Advantage engine upgrade.
Additionally, they will integrate cutting-edge controls technology that will be used by the entire fleet of Wabtec locomotives. Wabtec intends to begin shipping the updated locomotives early in the following year.
US ROLLING STOCK MARKET SIZE AND FORECAST
The US Rolling Stock Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
US ROLLING STOCK MARKET COMPANY PROFILE
THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS
- What is the average cost per US Rolling Stock Market right now and how will it change in the next 5-6 years?
- Average cost to set up a US Rolling Stock Market in the US?
- How many US Rolling Stock Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- What is happening to the overall public, globally?
- Cost breakup of a US Rolling Stock Market and key vendor selection criteria
- Where is the US Rolling Stock Market manufactured? What is the average margin per equipment?
- Market share of US Rolling Stock Market manufacturers and their upcoming products
- The most important planned US Rolling Stock Market in the next 2 years
- Details on a network of major US Rolling Stock Market and pricing plans
- Cost advantage for OEMs who manufacture US Rolling Stock Market in-house
- 5 key predictions for the next 5 years in US Rolling Stock Market
- Average B-2-B US Rolling Stock Market price in all segments
- Latest trends in US Rolling Stock Market, by every market segment
- The market size (both volume and value) of US Rolling Stock Market in 2024-2030 and every year in between?
- Global production breakup of US Rolling Stock Market, by suppliers and their OEM relationship