International Railway Journal - October 2008 - (Page 5) €125.5 billion Eastern Europe €11.0 billion* CIS €12.8 billion* Western Europe €38.5 billion* Asia €29.8 billion* North America €24.7 billion* Africa/MiddleEast €3.6 billion* South and Central America €2.5 billion* *current market volume Regional distribution of the global railway technology market. Australia/Pacific €2.4 billion* technology will grow in the next five years by an average of 4%. Control, command and signalling technology as well as IT will lend considerable momentum to the market. Track equipment is the largest individual market with a volume of around €31 billion. The complete study includes market volumes and growth rates as well as information about market shares, drivers and procurement projects for all market segments and regions. In addition, an annex contains information on vehicle fleets and data on infrastructure for all regions. To order a copy of The Worldwide Market for Railway Technology 2009-2013 contact Christian Bessler at SCI Verkehr GmbH, Vor den Siebenburgen 2, 50676 Cologne, Germany. Tel: +49 221 931 7820 Fax: +49 221 931 7878 E-mail: c.bessler@sci.de Regional trends Western Europe: the high relevance of rail transport and continuing deregulation are the most important market drivers. In addition, there are important new projects in high-speed and urban rail transport. Eastern Europe: this region has become much more important, due mainly to the rising importance of deregulation and improved financial conditions thanks to many countries’ accession to the European Union. In addition, there are large installed bases of old vehicles and infrastructure which will have to be renewed. North America: this market is shaped by freight transport, which has benefited substantially from economic growth in recent years. In the future, the focus will be more on urban transport. Extensive infrastructure and procurement projects are planned here. South America: this market has also benefited in the past few years from the rising demand for raw materials. However, it must be assumed that current growth rates will not continue. A change of thinking is taking place in the market for urban rail transport. Urgently-needed infrastructure upgrades and the associated vehicle procurements are expected in the coming years. Asia: the massive expansion and upgrading projects in China are shaping the market. India has very high growth potential and political announcements have been made to this effect. The high population in many cities and the lack of suitable commuter transport systems make billion-euro investments inevitable. Further investments are also being made in freight transport. Africa/Middle East: investments are currently being made in urban rail transport. The somewhat ambitious new projects in high-speed rail and urban transport are predominantly limited to northern Africa, the Gulf States and South Africa. Continuing urbanisation in this region will lead to further growth in the long term. CIS: the signs are pointing towards growth. The high importance of the railways, large stocks of old vehicles and infrastructure and a reinvigorated railway industry are resulting in high rates of growth. In Russia the leading market - plans look fairly secure. The current focus is on the procurement of efficient rolling stock and renovation of the existing network. Australia/Pacific: momentum is expected from the freight and urban transport sectors. Alongside Australia, New Zealand is also seeing a rise in investments following the recent renationalisation of the railway. IRJ October 2008 5
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