In 2023, Germany led European sold production of railway locomotives and rolling-stock repair and maintenance services with notable industry strength, contributing over 19.3% of the total share. The UK and Spain followed with significant shares at 18.69% and 12.83% respectively. Year-on-year, Austria demonstrated robust growth of 7.08%, while Finland experienced a substantial surge of 44.25%. Conversely, Estonia and the Netherlands faced declines by 38.01% and 15.75% respectively. The CAGR analysis over the past five years reveals varying degrees of stability among countries, with strong performers sustaining growth and others facing challenges.
Future trends to watch for include advancements in technology and sustainability initiatives, influencing demand dynamics across Europe. Increased emphasis on eco-friendly solutions and infrastructure improvements will likely drive strategic investment and collaboration among countries. Monitoring shifts in government policies and market demand will be crucial for anticipating future market developments.
Top countries in Sold Production of Railway Locomotives and Rolling-Stock Repair and Maintenance Services Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.31 | 2023 | +2.23% | +3.24% | View data |
| 2 | 2 United Kingdom | 18.69 | 2023 | +2.6% | +2.42% | View data |
| 3 | 3 Spain | 12.83 | 2023 | +3.24% | +3.7% | View data |
| 4 | 4 Italy | 11.26 | 2023 | +7.39% | +1.55% | View data |
| 5 | 5 Austria | 6.52 | 2023 | +2.47% | +7.08% | View data |
| 6 | 6 Sweden | 6.45 | 2023 | +3.93% | +5.12% | View data |
| 7 | 7 France | 5.13 | 2023 | +3.74% | +3.83% | View data |
| 8 | 8 Poland | 4.06 | 2023 | +3.25% | +4.45% | View data |
| 9 | 9 Czechia | 3.03 | 2023 | |||
| 10 | 10 Norway | 1.53 | 2021 | +14.56% | View data |
