‘Global rail technology market has survived Covid-19 pandemic’

Marshalling yard
Source: Pixnio. https://pixnio.com/transportation-vehicles/trains-and-buses/sunset-tracks-trains-transit-transport Usage: public domain (CC0) Pixnio

The global market for rail technology has survived the Covid-19 pandemic relatively unscathed. Despite a slump of 8 per cent in 2020, the expectation is that the market will grow with 2.3 per cent annually in the next five years. This is the assessment of the “World Rail Market Study: Forecast 2020 to 2025”, which Roland Berger conducted on behalf of UNIFE, the Association of the European Rail Supply Industry.

Want to read more?

Subscribe now!

Take advantage of our exclusive offer to get full access to all premium content.

See the offer

Tags: , , ,

Author: Majorie van Leijen

E-mail

Related posts

BLS profitable for first time since COVID19

Switzerland’s public transportation sector witnessed notable developments in 2023, particularly for the Bern-Lötschberg-Simplon (BLS) transport company. The company reports an eleven per cent increase in passenger numbers compared…
DB sees surge in international long-distance travel

The international long-distance travel sector of Deutsche Bahn (DB) has experienced a remarkable surge, with 24 million travellers crossing borders in 2023, marking a substantial 21 per cent…

- 2 reacties
CFL sets new passenger record with 28.7 million travellers in 2023

Luxembourg’s railway operator, CFL, achieved a new milestone in 2023, transporting a record-breaking 28.7 million passengers across the national rail network. This figure significantly surpasses the 2022 count…
Eurostar passenger numbers returning to pre-Covid levels

While Eurostar transported 19 million passengers in 2019, the coronavirus pandemic led to a significant decrease in travel across the globe. On Wednesday, the company announced having transported…

Add your comment

characters remaining.

Log in through one of the following social media partners to comment.

‘Global rail technology market has survived Covid-19 pandemic’ | RailTech.com

‘Global rail technology market has survived Covid-19 pandemic’

Marshalling yard
Source: Pixnio. https://pixnio.com/transportation-vehicles/trains-and-buses/sunset-tracks-trains-transit-transport Usage: public domain (CC0) Pixnio

The global market for rail technology has survived the Covid-19 pandemic relatively unscathed. Despite a slump of 8 per cent in 2020, the expectation is that the market will grow with 2.3 per cent annually in the next five years. This is the assessment of the “World Rail Market Study: Forecast 2020 to 2025”, which Roland Berger conducted on behalf of UNIFE, the Association of the European Rail Supply Industry.

Want to read more?

Subscribe now!

Take advantage of our exclusive offer to get full access to all premium content.

See the offer

Tags: , , ,

Author: Majorie van Leijen

E-mail

Related posts

Was it liberalisation? Spain’s high-speed rail use jumped 37% in 2023

Spain’s high-speed rail use increased by 37 per cent in 2023, according to the latest Annual Railway Sector Report. Several of the key lines broke passenger records, the…
BLS profitable for first time since COVID19

Switzerland’s public transportation sector witnessed notable developments in 2023, particularly for the Bern-Lötschberg-Simplon (BLS) transport company. The company reports an eleven per cent increase in passenger numbers compared…
DB sees surge in international long-distance travel

The international long-distance travel sector of Deutsche Bahn (DB) has experienced a remarkable surge, with 24 million travellers crossing borders in 2023, marking a substantial 21 per cent…

- 2 reacties
CFL sets new passenger record with 28.7 million travellers in 2023

Luxembourg’s railway operator, CFL, achieved a new milestone in 2023, transporting a record-breaking 28.7 million passengers across the national rail network. This figure significantly surpasses the 2022 count…

Add your comment

characters remaining.

Log in through one of the following social media partners to comment.