WRMS

Although rail transport has been negatively affected by the impact of the COVID-19 pandemic, it remains a reliable, sustainable and efficient mode of transport which is expected to continue growing in the medium- and long-term. The 2024 UNIFE World Rail Market Study confirms the positive growth trends currently being experienced in the sector’s supply industry. This study covers the global rail supply market’s development, provides a detailed analysis of major rail segments and highlights the most promising emerging markets. The study reviews 66 focus countries. representing 99% of global rail traffic. As in the preceding edition, the focus countries are aggregated into seven regions.

Notably, the study provides detailed information on the installed base of infrastructure and rolling stock, broken down by product segments and by region. This includes a comprehensive assessment of the current rail supply market volume for the 2021–2023 period at the regional level for different product segments. The study also incorporates a detailed forecast of the most likely expected rail supply market development path until 2029, per region. The prediction also takes a detailed look at rolling stock, infrastructure, services and rail control segments, respectively. This edition also provides qualitative analysis on sustainability and digitalisation, assesses the rail’s environmental advantages as a means of transport and reviews digital innovations that are enabling the rail industry to flourish. The report also includes special sections on the role of railway investments in the recent stimulus programmes and the state of the Ukrainian railway system with key considerations regarding its post-war reconstruction.

The tenth edition of the UNIFE World Rail Market Study was conducted by Bain & Company and published by DVV Media Group in cooperation with Innotrans.