In 2023, Germany led European sold production share in plastic parts for locomotives and railway equipment, at 32.64%. Italy showed significant growth with a 17.68% increase, reaching 20.26%. France and Finland experienced declines, with variations of -2.95% and -6.7% respectively. Spain and the UK posted modest gains, while Hungary also saw a robust year-on-year increase of 17.39%. Bulgaria experienced a notable downturn at -15.76%. Cumulatively, these shifts reflect significant dynamic potential and competitive repositioning within Europe’s market landscape in recent years.
Looking towards the future, the European market is anticipated to witness steady growth influenced by advancing technology and sustainability efforts. Germany and Italy are expected to maintain leadership, while France may rebound through infrastructure projects. Opportunities for expansion exist notably in Eastern Europe, leveraging innovation-driven demand and investment in modern rail systems.
Top countries in Sold Production of Plastic Parts for Locomotives or Rolling Stock, Railway or Tramway Track Fixtures and Fittings, Mechanical Signalling, Safety or Traffic Control Equipment Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.64 | 2023 | +4.05% | +1.99% | View data |
| 2 | 2 Italy | 20.26 | 2023 | +13.26% | +17.68% | View data |
| 3 | 3 France | 14.73 | 2023 | +0.53% | -2.95% | View data |
| 4 | 4 Spain | 13.91 | 2023 | +0.68% | +2.71% | View data |
| 5 | 5 United Kingdom | 8.6 | 2023 | +1.19% | +0.005% | View data |
| 6 | 6 Portugal | 3.72 | 2023 | +9.49% | +0.85% | View data |
| 7 | 7 Austria | 2.07 | 2023 | +2.76% | +3.34% | View data |
| 8 | 8 Finland | 1.01 | 2023 | -22.84% | -6.7% | View data |
| 9 | 9 Hungary | 0.82 | 2023 | +5.64% | +17.39% | View data |
| 10 | 10 Croatia | 0.63 | 2023 | +2.22% | +0.73% | View data |
