The turnover in the manufacture of railway locomotives and rolling stock sector in France is projected to have a gradual decline from €3.76 billion in 2024 to €3.66 billion by 2028. Analyzing year-on-year changes, there is a slight but consistent annual reduction in turnover, with the compounded annual growth rate (CAGR) over the five-year forecast period indicating a steady downward trend.
A few future trends to watch for in this sector include:
- The transition towards greener technologies, potentially increasing demand for energy-efficient and sustainable rolling stock.
- Infrastructure investments by the French government which may impact manufacturing volumes.
- Potential shifts in the European transport policies impacting the rail sector.