The forecast for sold production of electrical signalling, safety, or traffic control equipment for railways or tramways in Germany shows a steady growth from 2024 to 2028. In 2023, the value stood at approximately 587.59 million euros. The year-on-year growth for 2024 to 2025 is forecasted at 3.78%, subsequently increasing to 3.61% between 2025 and 2026, 3.45% for 2026 to 2027, and 3.30% for 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is estimated at 3.53%.
Future trends to watch for include:
- Increasing investments in technology for sustainable and efficient traffic systems.
- Structural improvements in rail and tramway infrastructure driving demand for advanced signalling systems.
- Impact of regulatory changes related to safety standards on production volumes.