The Railway Locomotives and Rolling Stock wages and salaries in Germany exhibited fluctuating growth patterns from 2013 to 2023. By 2023, the value stood at 1.41 billion euros, a modest increase from 2022. Over the last two years, the year-on-year variation was 1.67% in 2022 and 1.61% in 2023, showing stable growth. The five-year CAGR from 2018 to 2023 was -0.73%, reflecting minor declines overall.
From 2024 onwards, a steady growth is forecasted with a five-year CAGR of 1.14% and a forecasted growth rate of 5.81% by 2028.
Future trends to watch for include:
- Technological advancements in railway systems
- Government investments and subsidies in rail infrastructure
- Shifts to more sustainable and green transportation solutions