Rail activities revenue of selected rolling stock manufacturers 2020
The Chinese CRRC Corporation Limited was by far the largest rolling stock manufacturer in 2020, generating an estimated 15.05 billion euros of revenue. In February 2020, Alstom announced the acquisition of Bombardier, and received all the necessary regulatory approvals to complete this acquisition by December of that same year. The combined revenue from Alstom and Bombardier would have reached some 7.6 billion euros in revenue in 2020, making it second in the ranking while still considerably behind the CRRC.
Rolling stock
Rolling stock refers to any vehicle able to move on a railway. Broadly, this can be categorized into passenger cars, freight cars, and the locomotives which pull them. Asia and Europe (including Eastern and Western Europe) are the two largest markets, with both being over double the size of North America in 2018. Short term growth is expected to be highest in the more underdeveloped markets of Africa, Australia and the Middle East, however European and North American growth predictions are not far behind.
Market leaders
In 2020, CRRC remained somewhat uncontested as the largest global manufacturer of rolling stock, with the combined revenues of Alstom and Bombardier trailing over four billion euros behind . In 2020, CRRC sold around over 46,100 units, including some 9,500 rapid transit and metro vehicles and just under 33,900 freight wagons. This allowed the company to employ around 164,200 people and generate close to 228 billion yuan (just under 36 billion U.S. dollars) in revenue.
Rolling stock
Rolling stock refers to any vehicle able to move on a railway. Broadly, this can be categorized into passenger cars, freight cars, and the locomotives which pull them. Asia and Europe (including Eastern and Western Europe) are the two largest markets, with both being over double the size of North America in 2018. Short term growth is expected to be highest in the more underdeveloped markets of Africa, Australia and the Middle East, however European and North American growth predictions are not far behind.
Market leaders
In 2020, CRRC remained somewhat uncontested as the largest global manufacturer of rolling stock, with the combined revenues of Alstom and Bombardier trailing over four billion euros behind . In 2020, CRRC sold around over 46,100 units, including some 9,500 rapid transit and metro vehicles and just under 33,900 freight wagons. This allowed the company to employ around 164,200 people and generate close to 228 billion yuan (just under 36 billion U.S. dollars) in revenue.
