In 2023, the turnover in the manufacture of railway locomotives and rolling stock in Germany was 6.52 billion euros. Forecasts indicate a steady growth trend from 2024 to 2028, with year-on-year increases reflecting stable market expansion. Specifically, 2024 marks a projected turnover of 6.63 billion euros, growing incrementally by approximately 1.81% annually, reaching 7.09 billion euros by 2028.
The compound annual growth rate (CAGR) expected for the five-year period from 2024 to 2028 is around 1.75%, indicating consistent industry growth potential.
Future Trends to Watch For:
- Technological innovations in rolling stock for increased efficiency and sustainability.
- Potential impacts of EU regulations on railway emissions and safety standards.
- Demand shifts influenced by national and EU-level investments in rail infrastructure.