Worldwide Rail Market Study 2012
The world rail market remains stable despite the economic downturn, reveals the fourth edition of the UNIFE World Rail Market Study, presented on September 18, 2012 at the InnoTrans fair in Berlin.
The world rail market will see steady growth up through 2017. This is the central finding of a global market study conducted by Roland Berger Strategy Consultants for the Association of the European Rail Industry (UNIFE).
"We expect growth in all market segments: rail vehicles, infrastructure, signal technology and services," explains Andreas Schwilling, Partner at Roland Berger Strategy Consultants and co-author of the study. Above-average growth will be enjoyed by signal technology (3.2% p.a.) and services (2.9% p.a.), specifically maintenance and repair.
Regions seeing the strongest growth are the Middle East, Latin America, Russia and other CIS countries. Growth in these regions will more than offset the slowdown of rail investments in China, where however there is now a new focus on urban rail.