In 2023, the real value of ductile iron castings for locomotives, rolling stock, and parts in France stood at 107.56 million Euros. From 2024 to 2028, forecasted values display a consistent upward trend, starting at 111.83 million Euros in 2024 and reaching 127.57 million Euros by 2028. This indicates a positive compound annual growth rate (CAGR) of approximately 3.4%. The year-on-year increases average around 3.6%, suggesting a steady growth trajectory for the industry over the forecast period.
Key future trends to observe include technological advancements in casting techniques, potential shifts in demand from electrification and automation within the rail sector, and regulatory influences on sustainable materials use. These factors could significantly impact production volumes and efficiencies in the long term.
