This statistic shows the average annual market size of the rail technology industry between 2017 and 2025. During the 2020 and 2022 time period, the market volume was estimated at 116 billion euros on average. The market is expected to grow at a compound annual growth rate of 2.3 percent to reach an average annual value of 126 billion euros between 2023 and 2025.
Average size of the global market for railway technology between 2017 and 2025
(in billion euros)
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Alstom. (June 30, 2022). Average size of the global market for railway technology between 2017 and 2025 (in billion euros) [Graph]. In Statista. Retrieved October 31, 2024, 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 2017 and 2025 (in billion euros)." Chart. June 30, 2022. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/201813/global-market-volume-of-railway-technology-since-2006/
Alstom. (2022). Average size of the global market for railway technology between 2017 and 2025 (in billion euros). Statista. Statista Inc.. Accessed: October 31, 2024. 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 2017 and 2025 (in Billion Euros)." Statista, Statista Inc., 30 Jun 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 2017 and 2025 (in billion euros) Statista, https://www.statista.com/statistics/201813/global-market-volume-of-railway-technology-since-2006/ (last visited October 31, 2024)
Average size of the global market for railway technology between 2017 and 2025 (in billion euros) [Graph], Alstom, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/201813/global-market-volume-of-railway-technology-since-2006/