The study “Worldwide Market for Railway Industries”, provides a comprehensive insight into the structures, installed bases, volumes, and development trends in the global railway market. The global rail market has exceeded the EUR 200 billion mark and is projected to continue growing dynamically at a rate of 4.0% over the next five years, according to the study "Worldwide Market for Railway Industries 2024" by SCI/Verkehr. The current study, covering seven world regions, shows that digital solutions are key. While the global rail systems technology sector is growing faster than the overall market at 4.6%, the share of digital components and processes is also significantly increasing in traditional product segments such as rail infrastructure and rolling stock.

The demand for market data, up-to-date forecasts and expert assessments in the rail industry will remain high in 2024. This is why SCI Verkehr is publishing its "Worldwide Market for Railway Industries" study again this year as part of the leading trade fair InnoTrans, in which we provide insights and outlooks into global product market segments and regional developments at our high quality and with a fresh, new design.

SCI Verkehr conducts ‘bottom-up’ analyses of all relevant product segments. An extensive database, developed in-house, allows SCI Verkehr to analyse business segments, market regions, and even single country markets. Thanks to the project-based data collection, the database also provides input for a detailed analysis of OEM and After-Sales markets. SCI Verkehr has enhanced its methodologies over the years and is e.g., able to build its prognosis based on real age structures of fleets.

In concrete terms, this market study includes:

1. An overview of the market development of the global market for railway industries, divided into seven world market regions and product segments of infrastructure, system technology and rolling stock.
2. Structure and development of the global railway technology market in Europe, North and South America, Asia, Australia/Pacific, the CIS and Africa/Middle East.
3. Market size, market development and future procurement potential of the OEM and aftersales markets for the product segments until 2028.
4. Railway industry companies and their market shares in the product segments and activities in the world market regions.