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Rolling Stock Market worth $64.3 billion by 2025 - Exclusive Report by MarketsandMarkets Rolling Stock Market by Product Type (Locomotive, Rapid Transit, Wagon, and Coach), Locomotive Technology (Conventional, Turbocharged, and Maglev), Application (Passenger and Freight) & Region - Global Trends and Forecast to 2025 , published by MarketsandMarkets, the Rolling Stock Market is estimated to be USD 51.6 billion in 2020 and is projected to grow to USD 64.3 billion by 2025, at a CAGR of 4.5% during the forecast period. The growing demand for public transport and increasing need for energy efficient transport are some of the key drivers fueling the growth of this market. Increasing urbanization, adoption of public transport as a means of reducing traffic congestion, growing demand for energy-efficient transport and increasing adoption of rolling stocks for freight transportation are major drivers of the Rolling Stock Market.

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