The production value of railway locomotives and rolling stock in France stood at 4.11 billion Euros in 2023. Over the past decade, the industry experienced significant fluctuations, with notable year-on-year variations. Key observations include a sharp decline of 44.1% in 2020, a strong recovery of 69.33% in 2021, and stable values around 4 billion Euros in recent years. The Compound Annual Growth Rate (CAGR) for 2023 was 0.59%, showing moderate recovery compared to previous years.
Future trends indicate a slow decline, with a forecasted 5-year CAGR of -0.14% up to 2028. The production value is projected to slightly decrease, highlighting the need for industry stakeholders to monitor:
- Technological advancements and their integration into rolling stock production.
- Government policies and investments in rail infrastructure.
- Shifts in demand for modern and efficient railway systems.
