The number of railway undertakings in Austria increased from 24 in 2013 to 37 in 2023, reflecting a compounded annual growth rate (CAGR) of 3.64% over the period. From 2018 to 2023, the CAGR slightly decreased to 2.31%, with year-on-year variations stabilizing between 2.78% and 3.13%. The forecast indicates continued growth reaching 41 enterprises by 2028, albeit with a projected lower CAGR of 1.53% across the forecasted period.
Future Trends to Watch For:
• Increased focus on sustainability and green energy may welcome new entrants specializing in eco-friendly rail solutions.
• Digital transformation and technological advancements could drive efficiency, impacting the operational propositions of conventional railway undertakings.
• Continued investments in infrastructure and EU policies might further foster competition and market growth.