This statistic shows the average annual market size of the rail technology industry between 2013 and 2023. During the 2018 and 2020 time period, the market volume was estimated at 114 billion euros on average. The market is expected to grow at a compound annual growth rate of 2.6 percent to reach an average annual value of 125 billion euros between 2021 and 2023.
Average size of the global market for railway technology between 2013 and 2023
(in billion euros)
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Alstom. (June 2, 2020). Average size of the global market for railway technology between 2013 and 2023 (in billion euros) [Graph]. In Statista. Retrieved January 24, 2022, from https://www.statista.com/statistics/201813/global-market-volume-of-railway-technology-since-2006/
Alstom. "Average size of the global market for railway technology between 2013 and 2023 (in billion euros)." Chart. June 2, 2020. Statista. Accessed January 24, 2022. https://www.statista.com/statistics/201813/global-market-volume-of-railway-technology-since-2006/
Alstom. (2020). Average size of the global market for railway technology between 2013 and 2023 (in billion euros). Statista. Statista Inc.. Accessed: January 24, 2022. https://www.statista.com/statistics/201813/global-market-volume-of-railway-technology-since-2006/
Alstom. "Average Size of The Global Market for Railway Technology between 2013 and 2023 (in Billion Euros)." Statista, Statista Inc., 2 Jun 2020, https://www.statista.com/statistics/201813/global-market-volume-of-railway-technology-since-2006/
Alstom, Average size of the global market for railway technology between 2013 and 2023 (in billion euros) Statista, https://www.statista.com/statistics/201813/global-market-volume-of-railway-technology-since-2006/ (last visited January 24, 2022)
