In 2023, the sold production of railway or tramway goods vans and wagons, not self-propelled in France stood at a modest level. However, the sector is forecasted to grow steadily from 2024 to 2028. The expected annual growth rate for 2024 is 2.61%, progressing modestly to 2025 with a similar growth percent. By 2028, the industry anticipates reaching a production volume of 1.25 thousand items with a Compound Annual Growth Rate (CAGR) over the five-year period indicating healthy, albeit cautious progression.
Future trends to watch for:
- Demand driven by infrastructure developments and modernization efforts in the rail sector.
- Potential impacts of sustainability and innovation in materials and design.
- Regulatory changes and international trade dynamics affecting production and supply chains.