In 2023, Poland dominated the tram market in Europe, holding 39.09% of units, followed by the Czech Republic at 20.75% and Romania at 12.69%. Notable trends from 2023 indicate a decline in Poland and the Czech Republic by 0.93%, and a more significant decrease in Romania by 3.86%. On the contrary, Hungary experienced a slight increase of 0.41%. Among smaller markets, Bulgaria, Slovakia, Latvia, and Finland saw growth, each respectively increasing by 1.1%, 1.07%, 1.4%, and 3.34%. Meanwhile, Estonia faced a decline of 2.09%.
Future trends to watch include potential market expansions in Finland due to consistent growth and the impacts of technological advancements. Sustainability initiatives and the EU's green policies could drive demand for trams, influencing shifts in market share or new country leaders in the tram sector.
Top countries in Number of Trams Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 39.09 | 2023 | -0.59% | -0.93% | View data |
| 2 | 2 Czech Republic | 20.75 | 2023 | -1.22% | -0.93% | View data |
| 3 | 3 Romania | 12.69 | 2023 | -3.42% | -3.86% | View data |
| 4 | 4 Hungary | 9.49 | 2023 | -0.14% | +0.41% | View data |
| 5 | 5 Croatia | 4.37 | 2023 | -0.58% | -0.35% | View data |
| 6 | 6 Bulgaria | 4.08 | 2023 | +0.32% | +1.1% | View data |
| 7 | 7 Slovakia | 3.98 | 2023 | -0.64% | +1.07% | View data |
| 8 | 8 Latvia | 3.06 | 2023 | -1.24% | +1.4% | View data |
| 9 | 9 Finland | 1.69 | 2023 | 0% | +3.34% | View data |
| 10 | 10 Estonia | 0.81 | 2023 | -1.56% | -2.09% | View data |
