In 2023, the sold production of railway locomotives and rolling stock in France was approximately 1.377 billion Euros. The forecast from 2024 to 2028 shows a steady decline in production value. Specifically, between 2024 and 2025, the production is expected to decrease by 1.55%, from 1.3562 billion Euros to 1.3352 billion Euros. The trend continues with a 1.56% decrease in 2026, a 1.56% decrease in 2027, and a 1.57% decrease in 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately -1.5% per annum, indicating a consistent downward trend.
Future trends to watch for include:
- The impact of technological advancements such as automated and electric rail systems on production demand.
- Potential changes in government policy focusing on sustainability, which may affect industry dynamics.
- Global economic fluctuations that could influence domestic production and export opportunities.