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The Chinese Railway Market 2021

The Chinese railway technology market has a volume of EUR 37 billion and will grow by 3.6% p.a. until 2025. The worldwide largest rail market will mainly benefit from the growing after-sales market (CAGR +9.3%). Due to declining new procurements in the high-speed segment, new business will remain at the current level across all segments. (CAGR +0.7%). Dynamic growth in the OEM market is expected for the freight wagon, electric multiple unit and light rail vehicle segments. 

 

Chinese railway technology companies have been investing heavily in the research and development of modern railway technology for years. The strategic plan “Made in China 2025”, issued by the central government in 2015, especially targets high-tech sectors which include the high-tech sector of the railway industry which is currently largely dominated by foreign companies.  

In concrete terms, this MultiClient Study includes:

  • Depiction of the structure of the Chinese railway market and analysis of important drivers
  • Presentation of development trends and planned projects
  • Trends and size of the market and future procurement potential up to 2025
  • Analysis and forecast of the transport markets for freight and passenger transport up to 2026
  • Description and evaluation of the demand for rolling stock and infrastructure services
  • Overview and profiles of the major players in the Chinese railway market

Optionally available with the data annex in Excel format

  • All numbers concerning fleets, deliveries and market shares are transparently and comprehensively available
  • Apply the data sets for an individual evaluation and configuration or to access and supplement available market data

Find an exemplary data annex here.

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Date: 10/05/2021

Report type: MultiClient Study*

Data format: Excel  PDF 

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* Our compact MultiClient studies provide a harmonised view and definitions of the markets, prepare data on current stocks and forecasts, document current trends and provide detailed and comprehensive information on market and industry developments.