Global rolling stock market remains promising despite the onslaught of COVID
There are four major types of rolling stock:
- Locomotives, Steam, diesel, or electric;
- Freight cars or wagons;
- Coaches, carriages or passenger cars and
- Multiple units (MU).
1 . Global Rolling Stock Market Forecast
The Global Rolling Stock market size was USD 45550 million in 2021, which is expected to reach USD 54490 million in 2028, growing at a CAGR of 2.6% over the analysis period.
2 . CRRC CORPORATION LIMITED
3 . CRRC Business Segments
- Locomotive business;
- MUs (including intercity MUs) and passenger carriage business;
- Freight wagon business;
- Track engineering machinery business.
- Urban rail transit vehicles;
- General contracting of urban rail transit vehicles projects;
- General contracting of other projects.
- Mechanical and electrical business;
- Emerging industry business.
- Financial business;
- Logistics and trading business;
- other business.
4 . CRRC Major Products
- MUs: Mainly include various electric multiple units and diesel multiple units at the speed of 200 km/hour and below, 200-250 km/hour, 300-350 km/hour, and above
- Locomotives: Mainly include various DC driving and AC driving electric locomotives and diesel locomotives with the largest traction power of 28,800 KW and the highest speed of 200 km/hour
- Passenger carriages: Mainly include seater cars, sleeping cars, dining cars, luggage vans, generator cars, special vehicles, plateau cars, and double-deck railway passenger carriages at the speed of 120-160 km/hour.
- Freight wagons: Mainly include various railway gondola trucks, box wagons, flatcar, tank trucks, hopper cars, and other special goods transport trucks
- Urban rail transit vehicles: Mainly include subway vehicles, light-rail vehicles, urban (commuting) vehicles, monorail vehicles, maglev trains, tramcar, rubber-tired vehicles, etc.
- Electrical and mechanical equipment: Mainly include traction electric driving and network control system, diesel engine, the braking system, cooling and heat transfer system, train operation and control system, passenger information system, power supply system, gear assembly, etc
- Emerging industries: Mainly include wind power equipment and parts (wind turbines, blades, gearboxes, towers, converters, wind power elastic supports, wind power super capacitors, etc.), smart rails, new materials (vibration and noise reduction materials, light quantitative materials, aramid, etc.)
5 . CRRC Revenue in Billion CNY (2015-2021)
Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Gross Profit | 45.82 | 45.03 | 43.75 | 44.58 | 48.72 | 46.62 | 42.40 |
Revenue | 240.60 | 224.14 | 208.90 | 217.04 | 227.07 | 225.90 | 224.05 |