Germany leads Europe in railway or tramway locomotives or rolling-stock parts production with €2.48 billion in 2023, showing a moderate growth of 1.95% year-on-year. France and Czechia follow, with values of €1.05 billion and €0.90 billion, respectively. Notably, Italy secures a 12.58% growth rate, highlighting its significant industry expansion. Conversely, the UK faces a slight decline. Minor producers such as Estonia and Slovenia maintain slower growth rates.
Future watch points include:
- Continued growth in Eastern European countries like Poland, selectively improving their market shares.
- Environmental policies boosting green technology investments in rolling stock production.
- Emergence of innovation in infrastructure modernization across Europe.
Top countries in Sold Production of Railway or Tramway Locomotives or Rolling-Stock Parts by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,481,200,000 | 2023 | +2.43% | +1.95% | View data |
| 2 | 2 France | 1,055,300,000 | 2023 | +2.21% | +0.51% | View data |
| 3 | 3 Czechia | 903,770,000 | 2023 | |||
| 4 | 4 Spain | 879,560,000 | 2023 | +1.94% | +1.85% | View data |
| 5 | 5 Austria | 842,930,000 | 2023 | +27.49% | +1.27% | View data |
| 6 | 6 Italy | 746,110,000 | 2023 | +2.83% | +12.58% | View data |
| 7 | 7 Poland | 640,050,000 | 2023 | +4.23% | +7.32% | View data |
| 8 | 8 Hungary | 469,100,000 | 2023 | +3.8% | +4.89% | View data |
| 9 | 9 United Kingdom | 359,890,000 | 2023 | +0.21% | -0.21% | View data |
| 10 | 10 Sweden | 317,320,000 | 2023 | +6.86% | View data |