Originally published on Technavio. The forecast for the Europe Rolling Stock Market indicates a growth of USD 3.01 billion, with a CAGR of 3.27% from 2023 to 2028. Key drivers such as investments in new railway projects, increasing urban rail transit investments, and the emerging PPP model are anticipated to fuel this growth.

To Learn deeper into this report , View Sample PDF

Urban rail transit investments, aimed at alleviating city congestion and enhancing public transportation systems, particularly stand out among market drivers, while innovations in locomotive manufacturing and challenges like delays in project execution present significant trends and obstacles, respectively. The market analysis also delves into the adoption lifecycle, purchase criteria, and price sensitivity drivers to aid companies in formulating effective growth strategies.

Contact us for tailored solution

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/