News
26. September 2016
New World Rail Market Study shows continuing growth in the rail market
26th September 2016
The latest World Rail Market Study has been published by UNIFE last week. The detailed report, conducted by consultants Roland Berger, showed continuing growth in the rail market at a 2.6% compound annual growth rate through to 2021.
The total market for railway rolling stock globally averaged, in the years 2013 – 2015 € 53.7 billion per annum and looking forward the study envisages the highest growth rates in Western Europe and Africa & Middle East of 3.1%, and 3% respectively.