World Rail Market Is Worth €103.3bn

The current values of the supplier-accessible portion of the world rail market and worldwide rail service are 71.8 billion euros and 26 billion euros respectively, with the value of the total world rail market estimated at 103.3 billion euros. Annual growth of two percent, excluding inflation, is anticipated for the rail service and equipment global market through 2015. These were some of the findings of a study conducted by Roland Berger Strategy Consultants for the Association of European Railway Industries. The study employed a market model with more than 200 segments, 52 for each country represented. It encompassed five rail sectors: very high-speed, mainline passenger, light rail, metro, and freight. Replacing life-expired assets is a key driver of the world railway market. The second most important market is motive power and rolling stock. Infrastructure is another market, as is signaling and train control. There is disparity between regions and a handful of multinational companies dominate the business.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Figures;
  • Pagination: p 12
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 01045367
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Mar 22 2007 4:50PM