The global market for Condition-Based Maintenance Solutions for Rolling Stock was valued at US$ 1035 million in the year 2024 and is projected to reach a revised size of US$ 1672 million by 2031, growing at a CAGR of 7.1% during the forecast period.
Condition - based maintenance solutions for rolling stock are advanced approaches designed to enhance the reliability, safety, and efficiency of trains and related vehicles. These solutions rely on continuous monitoring of various components and systems within the rolling stock using a wide array of sensors. By collecting real - time data on factors like vibration, temperature, pressure, and electrical parameters from parts such as bogies, wheelsets, electrical systems, braking systems, and the train body, maintenance teams can gain a comprehensive understanding of the equipment's condition. For example, vibration sensors on wheelsets can detect early signs of wear or misalignment, while temperature sensors on electrical components can alert to overheating issues. This data is then analyzed, either through traditional methods or more sophisticated data analytics and artificial intelligence algorithms. Instead of following fixed maintenance schedules, maintenance actions are triggered when the monitored data indicates a deviation from normal operating conditions. This allows for proactive maintenance, reducing the likelihood of unexpected breakdowns, minimizing unplanned downtime, and optimizing maintenance costs. It ensures that rolling stock operates at its best, providing a seamless and safe travel experience for passengers and efficient freight transportation.
North American market for Condition-Based Maintenance Solutions for Rolling Stock is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Condition-Based Maintenance Solutions for Rolling Stock is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Condition-Based Maintenance Solutions for Rolling Stock in Freight Rolling Stock is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Condition-Based Maintenance Solutions for Rolling Stock include SKF, Televic, Knorr-Bremse Group, EKE-Electronics, Trimble Rail, Stimio, Wago, Siemens Mobility, Nomad Digital, Strukton Rail, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Condition-Based Maintenance Solutions for Rolling Stock, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Condition-Based Maintenance Solutions for Rolling Stock.
The Condition-Based Maintenance Solutions for Rolling Stock market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Condition-Based Maintenance Solutions for Rolling Stock market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Condition-Based Maintenance Solutions for Rolling Stock companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SKF
Televic
Knorr-Bremse Group
EKE-Electronics
Trimble Rail
Stimio
Wago
Siemens Mobility
Nomad Digital
Strukton Rail
voestalpine Group
Alstom
DB
Ricardo Group
Hitachi Rail
TUV Rheinland
BES Group
Unipart
Segment by Type
Hardware
Service
Segment by Application
Freight Rolling Stock
Passenger Rolling Stock
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Condition-Based Maintenance Solutions for Rolling Stock company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Condition-Based Maintenance Solutions for Rolling Stock Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Hardware
1.2.3 Service
1.3 Market by Application
1.3.1 Global Condition-Based Maintenance Solutions for Rolling Stock Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Freight Rolling Stock
1.3.3 Passenger Rolling Stock
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Condition-Based Maintenance Solutions for Rolling Stock Market Perspective (2020-2031)
2.2 Global Condition-Based Maintenance Solutions for Rolling Stock Growth Trends by Region
2.2.1 Global Condition-Based Maintenance Solutions for Rolling Stock Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Condition-Based Maintenance Solutions for Rolling Stock Historic Market Size by Region (2020-2025)
2.2.3 Condition-Based Maintenance Solutions for Rolling Stock Forecasted Market Size by Region (2026-2031)
2.3 Condition-Based Maintenance Solutions for Rolling Stock Market Dynamics
2.3.1 Condition-Based Maintenance Solutions for Rolling Stock Industry Trends
2.3.2 Condition-Based Maintenance Solutions for Rolling Stock Market Drivers
2.3.3 Condition-Based Maintenance Solutions for Rolling Stock Market Challenges
2.3.4 Condition-Based Maintenance Solutions for Rolling Stock Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Condition-Based Maintenance Solutions for Rolling Stock Players by Revenue
3.1.1 Global Top Condition-Based Maintenance Solutions for Rolling Stock Players by Revenue (2020-2025)
3.1.2 Global Condition-Based Maintenance Solutions for Rolling Stock Revenue Market Share by Players (2020-2025)
3.2 Global Top Condition-Based Maintenance Solutions for Rolling Stock Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Condition-Based Maintenance Solutions for Rolling Stock Revenue
3.4 Global Condition-Based Maintenance Solutions for Rolling Stock Market Concentration Ratio
3.4.1 Global Condition-Based Maintenance Solutions for Rolling Stock Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Condition-Based Maintenance Solutions for Rolling Stock Revenue in 2024
3.5 Global Key Players of Condition-Based Maintenance Solutions for Rolling Stock Head office and Area Served
3.6 Global Key Players of Condition-Based Maintenance Solutions for Rolling Stock, Product and Application
3.7 Global Key Players of Condition-Based Maintenance Solutions for Rolling Stock, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Condition-Based Maintenance Solutions for Rolling Stock Breakdown Data by Type
4.1 Global Condition-Based Maintenance Solutions for Rolling Stock Historic Market Size by Type (2020-2025)
4.2 Global Condition-Based Maintenance Solutions for Rolling Stock Forecasted Market Size by Type (2026-2031)
5 Condition-Based Maintenance Solutions for Rolling Stock Breakdown Data by Application
5.1 Global Condition-Based Maintenance Solutions for Rolling Stock Historic Market Size by Application (2020-2025)
5.2 Global Condition-Based Maintenance Solutions for Rolling Stock Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Condition-Based Maintenance Solutions for Rolling Stock Market Size (2020-2031)
6.2 North America Condition-Based Maintenance Solutions for Rolling Stock Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Condition-Based Maintenance Solutions for Rolling Stock Market Size by Country (2020-2025)
6.4 North America Condition-Based Maintenance Solutions for Rolling Stock Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Condition-Based Maintenance Solutions for Rolling Stock Market Size (2020-2031)
7.2 Europe Condition-Based Maintenance Solutions for Rolling Stock Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Condition-Based Maintenance Solutions for Rolling Stock Market Size by Country (2020-2025)
7.4 Europe Condition-Based Maintenance Solutions for Rolling Stock Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Condition-Based Maintenance Solutions for Rolling Stock Market Size (2020-2031)
8.2 Asia-Pacific Condition-Based Maintenance Solutions for Rolling Stock Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Condition-Based Maintenance Solutions for Rolling Stock Market Size by Region (2020-2025)
8.4 Asia-Pacific Condition-Based Maintenance Solutions for Rolling Stock Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Condition-Based Maintenance Solutions for Rolling Stock Market Size (2020-2031)
9.2 Latin America Condition-Based Maintenance Solutions for Rolling Stock Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Condition-Based Maintenance Solutions for Rolling Stock Market Size by Country (2020-2025)
9.4 Latin America Condition-Based Maintenance Solutions for Rolling Stock Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Condition-Based Maintenance Solutions for Rolling Stock Market Size (2020-2031)
10.2 Middle East & Africa Condition-Based Maintenance Solutions for Rolling Stock Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Condition-Based Maintenance Solutions for Rolling Stock Market Size by Country (2020-2025)
10.4 Middle East & Africa Condition-Based Maintenance Solutions for Rolling Stock Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 SKF
11.1.1 SKF Company Details
11.1.2 SKF Business Overview
11.1.3 SKF Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.1.4 SKF Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.1.5 SKF Recent Development
11.2 Televic
11.2.1 Televic Company Details
11.2.2 Televic Business Overview
11.2.3 Televic Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.2.4 Televic Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.2.5 Televic Recent Development
11.3 Knorr-Bremse Group
11.3.1 Knorr-Bremse Group Company Details
11.3.2 Knorr-Bremse Group Business Overview
11.3.3 Knorr-Bremse Group Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.3.4 Knorr-Bremse Group Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.3.5 Knorr-Bremse Group Recent Development
11.4 EKE-Electronics
11.4.1 EKE-Electronics Company Details
11.4.2 EKE-Electronics Business Overview
11.4.3 EKE-Electronics Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.4.4 EKE-Electronics Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.4.5 EKE-Electronics Recent Development
11.5 Trimble Rail
11.5.1 Trimble Rail Company Details
11.5.2 Trimble Rail Business Overview
11.5.3 Trimble Rail Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.5.4 Trimble Rail Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.5.5 Trimble Rail Recent Development
11.6 Stimio
11.6.1 Stimio Company Details
11.6.2 Stimio Business Overview
11.6.3 Stimio Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.6.4 Stimio Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.6.5 Stimio Recent Development
11.7 Wago
11.7.1 Wago Company Details
11.7.2 Wago Business Overview
11.7.3 Wago Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.7.4 Wago Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.7.5 Wago Recent Development
11.8 Siemens Mobility
11.8.1 Siemens Mobility Company Details
11.8.2 Siemens Mobility Business Overview
11.8.3 Siemens Mobility Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.8.4 Siemens Mobility Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.8.5 Siemens Mobility Recent Development
11.9 Nomad Digital
11.9.1 Nomad Digital Company Details
11.9.2 Nomad Digital Business Overview
11.9.3 Nomad Digital Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.9.4 Nomad Digital Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.9.5 Nomad Digital Recent Development
11.10 Strukton Rail
11.10.1 Strukton Rail Company Details
11.10.2 Strukton Rail Business Overview
11.10.3 Strukton Rail Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.10.4 Strukton Rail Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.10.5 Strukton Rail Recent Development
11.11 voestalpine Group
11.11.1 voestalpine Group Company Details
11.11.2 voestalpine Group Business Overview
11.11.3 voestalpine Group Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.11.4 voestalpine Group Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.11.5 voestalpine Group Recent Development
11.12 Alstom
11.12.1 Alstom Company Details
11.12.2 Alstom Business Overview
11.12.3 Alstom Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.12.4 Alstom Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.12.5 Alstom Recent Development
11.13 DB
11.13.1 DB Company Details
11.13.2 DB Business Overview
11.13.3 DB Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.13.4 DB Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.13.5 DB Recent Development
11.14 Ricardo Group
11.14.1 Ricardo Group Company Details
11.14.2 Ricardo Group Business Overview
11.14.3 Ricardo Group Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.14.4 Ricardo Group Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.14.5 Ricardo Group Recent Development
11.15 Hitachi Rail
11.15.1 Hitachi Rail Company Details
11.15.2 Hitachi Rail Business Overview
11.15.3 Hitachi Rail Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.15.4 Hitachi Rail Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.15.5 Hitachi Rail Recent Development
11.16 TUV Rheinland
11.16.1 TUV Rheinland Company Details
11.16.2 TUV Rheinland Business Overview
11.16.3 TUV Rheinland Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.16.4 TUV Rheinland Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.16.5 TUV Rheinland Recent Development
11.17 BES Group
11.17.1 BES Group Company Details
11.17.2 BES Group Business Overview
11.17.3 BES Group Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.17.4 BES Group Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.17.5 BES Group Recent Development
11.18 Unipart
11.18.1 Unipart Company Details
11.18.2 Unipart Business Overview
11.18.3 Unipart Condition-Based Maintenance Solutions for Rolling Stock Introduction
11.18.4 Unipart Revenue in Condition-Based Maintenance Solutions for Rolling Stock Business (2020-2025)
11.18.5 Unipart Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
SKF
Televic
Knorr-Bremse Group
EKE-Electronics
Trimble Rail
Stimio
Wago
Siemens Mobility
Nomad Digital
Strukton Rail
voestalpine Group
Alstom
DB
Ricardo Group
Hitachi Rail
TUV Rheinland
BES Group
Unipart
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*If Applicable.
