Based on the data of InnoTrans 2024, the largest industry trade fair for transport technology 🚉
This railway stock industry overview helps you …
Our data is compiled from the participant list of InnoTrans, the largest global industry trade fair. This ensures a high relevance of the listed companies in this overview.
Our railway stock overview is supported by 💚
We want to thank you Vossloh AG for supporting this industry overview:
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We also provide a transcript of this conversation in our blog.
“Pure play” railway stocks 🚅
The following listed companies give you exposure to “pure” railway industry revenues.
Alstom
$ALO – France
Alstom provides solutions for the rail transport industry globally. The company offers rolling stock solutions comprising people movers and monorails, light rails, metros, commuter trains, regional trains, high-speed trains, and locomotives.
CAF
$CAF – Spain
CAF designs, manufactures, and sells rolling stock and rail components in Spain, France, the United Kingdom, Poland, and internationally.
CRRC
$610766 – China
CRRC Corporation Limited, with its subsidiaries, engages in the research and development, design, manufacturing, refurbishment, sales, leasing, and technical servicing of railway locomotives and rolling stock in Mainland China and internationally.
East Japan Railway
$9020 – Japan
East Japan Railway Company operates as a passenger railway company in Japan and internationally. The company operates through Transportation, Retail & Services, Real Estate & Hotels, and other segments.
Funkwerk
$FEW – Germany
Funkwerk develops and sells communication, information, and security systems worldwide. Funkwerk offers its products and services in the fields of railways, rail vehicles, public transport infrastructures, public and rail transit, industrials, areas, buildings, energy and supplies, and more.
init SE
$IXX – Germany
init innovation in traffic systems SE, together with its subsidiaries, engages in the provision of intelligent transportation systems solutions for public transportation worldwide.
IVU
$IVU – Germany
IVU Traffic Technologies AG, together with its subsidiaries, develops, installs, maintains, and operates integrated IT solutions for buses and trains worldwide.
Kinki Sharyo
$7122 – Japan
The Kinki Sharyo Co., Ltd. manufactures and sells rolling stock in Japan, the United States, Hong Kong, the Philippines, the Middle East, and internationally.
KTK Group
$603680 – China
KTK Group Co., Ltd. researches, develops, produces, sells, and service interior systems, electrical controlling systems, and vehicle equipment for high-speed trains, metro, LRV, and ordinary rail passenger cars in China and internationally.
Kyosan Electric
$6742 – Japan
Kyosan Electric Manufacturing Co., Ltd. develops, manufactures, and sells electromechanical interlocking, road traffic signal equipment, and cuprous oxide rectifiers in Japan and internationally.
Newag SA
$NWG – Poland
Newag S.A. engages in the production and sale of railway locomotives and rolling stocks in Poland. The company offers electric and diesel multiple units, electric and diesel locomotives, and dual drive multiple units, and modernization of diesel locomotives and passenger carriages, as well as control systems.
Omer S.p.A.
$OMER – Italy
OMER S.p.A. designs, develops, manufactures, and sells components and interior furnishings for railway vehicles in Italy, the rest of the European Union countries, and internationally.
Pkp Cargo
$PKP – Poland
Pkp Cargo engages in the transport of goods and the provision of logistics services in the field of rail freight in Poland and internationally.
Rail Vision
$RVSN – Israel
Rail Vision designs, develops, assembles, and sells railway detection systems for railway operational safety, efficiency, and predictive maintenance in Israel.
Salcef
$SCF – Italy
Salcef Group designs, constructs, and maintains railway infrastructure and civil works worldwide.
SBF
$CY1K – Germany
SBF AG, through its subsidiary, SBF Spezialleuchten GmbH, engages in the development, manufacture, and distribution of ceiling and lighting systems for indoor and outdoor rail vehicles.
Schaltbau Holding
$SLT – Germany
Schaltbau Holding, together with its subsidiaries, develops and supplies components and systems for the mobile and stationary transportation technology and capital goods industry.
Stadler
$SRAIL – Switzerland
Stadler Rail AG, through its subsidiaries, engages in the manufacture and sale of trains in Switzerland, Germany, Austria, Western and Eastern Europe, the Americas, the CIS countries, and internationally.
Talgo
$TLGO – Spain
Talgo, S.A. designs, manufactures, and maintains high-speed light rail vehicles worldwide. The company offers very high speed, high speed, and intercity trains; and power heads.
The Greenbrier Companies
$GBX – USA
The Greenbrier Companies, Inc. designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America.
Tianjin Keyvia Electric
§300407 – China
Tianjin Keyvia Electric Co.,Ltd engages in the research and development, production, and sales of electrified railway and urban rail transit traction power supply systems in China.
Titagarh Rail Systems
$TITAGARH – India
Titagarh Rail Systems Limited manufactures and sells freight and passenger rail systems in India and internationally.
Trainline
$TRN – United Kingdom
Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally.
Vossloh
$VOS – Germany
Vossloh AG provides rail infrastructure products and services in Germany and internationally. It operates through three divisions: Core Components, Customized Modules, and Lifecycle Solutions.
Wabtec
$WAB – USA
Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide.
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More “pure play” railway stocks 🚆
The following companies are not participating in InnoTrans. But they are worth considering if you are looking for “pure” railway exposure.
Canadian National
$CNR – Canada
Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States.
Canadian Pacific Kansas City
$CP – Canada & USA
Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico.
CSX
$CSX – USA
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services.
FreightCar America
$RAIL – USA
FreightCar America, Inc., through its subsidiaries, engages in design, manufacture, and sale of railcars and railcar components for the transportation of bulk commodities and containerized freight products in the United States and Mexico.
GATX
$GATX – USA
GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India.
Journeo
$JNEO – London
Journeo plc provides solutions to the transport community that captures, processes, and displays essential information to enhance journeys in the United Kingdom and mainland Europe.
Norfolk Southern
$NSC – USA
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States.
Trinity Industries
$TRN – USA
Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group.
Union Pacific
$UNP – USA
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States.
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Stocks with exposure to the railway sector and modern transport technology 🛤️
Based on the participation list of the InnoTrans 2024, we could identify the following listed stocks that have exposure to the railway and modern transport technology space:
Asia @ Railway stock overview
Companies where we could identify a significant railway business are marked bold.
China
South Korea
Taiwan
India
Americas @ Railway stock overview
Companies where we could identify a significant railway business are marked bold.
Canada
- AtkinsRéalis Linxon & SNC-Lavalin
- WSP Infrastructure Engineering (WSP Global Inc.)
USA
Europe @ Railway stock overview
Companies where we could identify a significant railway business are marked bold.
Austria
Belgium
Croatia
Denmark
Finland
Ireland
Italy
Luxembourg
Netherlands
Poland
France
- Dassault Systemes
- ACTIA
- Nexans
- Altheora
- Bouygues | INEO
- VINCI Group
- Eiffage | Eiffage Rail
- Exail
- Mersen
- Cofidur
- Schneider Electric
- TotalEnergies | SAFT SAS
- Engie | Powerlines Group GmbH
- Forsee Power
- ALTEN
- CGG | Sercel
- ATOS
- Capgemini Engineering
- Eurofins
Sweden
- SKF GmbH
- HEXAGON
- Nibe | NIBE Element Railway Solutions
- AQ Group AB
- Atlas Copco
- Ericsson AB
- Observit AB
- Maven Wireless Sweden AB
United Kingdom
- Morgan Advanced Materials
- Meggitt | Meggitt Sensing Systems
- Roll Royce | Rolls-Royce Power Systems AG
- nVent | nVent SCHROFF
- Smiths Group | Smiths Interconnect
- LPA Group PLC
- Hays PLC
- Bridgepoint Group | PTV Planung Transport Verkehr GmbH
- TT Electronics
- Aon
- Tracsis
Spain
Germany
- OHB SE
- Schaeffler AG
- Continental AG
- GRAMMER AG
- Lufthansa Industry Solutions
- Prysmian Group
- Mercedes-Benz Special Trucks & Daimler Buses
- Daimler Truck AG
- Accenture GmbH
- Henkel AG & Co. KGaA
- technotrans SE
- HENSOLDT AG
- Kontron
- Deutz AG
- Arvato | Arvato Financial Solutions
- Advantech
- Cancom IT Systeme | Kapsch BusinessCom AG
- adesso SE
- SIMONA AG
- Siemens
- Siemens Energy
- Knorr Bremse
- Delignit
- MTU
- Schweizer Electronic
- PSI Software
- thyssenkrupp AG
- Deutsche Telekom
- Vantage Towers AG
- artec technologies AG
- Fuchs SE
Switzerland
- Komax Holdings | Laselec
- ABB Ltd.
- HUBER+SUHNER
- BKW AG | Arnold AG
- Leclanché
- Forbo Flooring System
- SGS
- Accelleron
Portugal
Middle East @ Railway stock overview
Companies where we could identify a significant railway business are marked bold.