The global metro market: Driven by urbanisation and climate policy – limited by available budget resourcesy expansion

The global metro vehicle market is steadily increasing with annual growth of 3.1% expected until 2035. This is the result of the current market study by SCI Verkehr, a management consultancy specialising in rail and logistics. Besides the after-sales market, the market for new vehicles also contributes to growth at 1.1%, annually. Asia, especially India, is leading this expansion: More than 15% of all new systems are emerging in India. A combination of urbanisation rates and financial capabilities of metropolises is crucial with regards to the extent of growth in new vehicles. The dominance of the Chinese manufacturer CRRC in the vehicle sector underlines their central role in the growth markets, supported by local production facilities in key markets such as China and India.