This paper reviews the current research status of rolling bearing fault diagnosis technology for railway vehicles. Several domains are covered, including vibration fault diagnosis, acoustic signal fault diagnosis, and temperature prediction diagnosis methods on train rolling bearing test principles and related research. The application scenarios, system diagnosis accuracies, and model structures of various studies in the literature are also compared and analyzed. Furthermore, the main technical points to be improved and the analysis of the possible research directions are proposed, which provide new research ideas for subsequent fault diagnosis methods and system innovation research and development.