In 2023, Germany led the European sold production of railway locomotives and rolling stock with a 31.58% share, showing a 4.48% year-on-year increase. Italy followed at 20.93%, experiencing a 17.54% rise. Poland (8.9%) and Austria (6.02%) also exhibited growth, while France (8.19%) and Spain (6.56%) saw declines of -7.21% and -13.12%, respectively. Slovakia's 58.2% increase stood out, while Latvia faced the steepest decline at -32.78%. Over the past five years, the compound annual growth rate (CAGR) indicated consistent year-on-year changes, with some countries showing significant volatility.
Future trends to watch include the continuing growth of Central and Eastern European countries like Poland and Slovakia, driven by infrastructure investments. Germany and Italy are expected to maintain their leading positions. Sustainability and technological advancements in railway equipment will influence future market dynamics. Additionally, government policies and EU funding will play crucial roles in shaping production shares across the European landscape.
Top countries in Sold Production of Railway Locomotives and Rolling Stock Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.58 | 2023 | +2.4% | +4.48% | View data |
| 2 | 2 Italy | 20.93 | 2023 | +2.47% | +17.54% | View data |
| 3 | 3 Poland | 8.9 | 2023 | +3.12% | +3.31% | View data |
| 4 | 4 France | 8.19 | 2023 | -1.53% | -7.21% | View data |
| 5 | 5 Spain | 6.56 | 2023 | +1.58% | -13.12% | View data |
| 6 | 6 Austria | 6.02 | 2023 | +26.91% | +5.03% | View data |
| 7 | 7 Czechia | 5.64 | 2023 | |||
| 8 | 8 Hungary | 2.74 | 2023 | +3.48% | +4.54% | View data |
| 9 | 9 Slovakia | 2.38 | 2023 | +6.26% | +58.2% | View data |
| 10 | 10 Sweden | 2.16 | 2023 | +8.23% | View data |
