With a compound annual growth rate of around three percent, the global locomotive rolling stock market is projected to reach eight billion U.S. dollars by 2027. The 2020 market amounted to some 6.5 billion U.S. dollars, while the total rolling stock market value reached 51.6 billion U.S. dollars that same year.
Projected locomotive market size worldwide between 2020 and 2027
(in million U.S. dollars)
No release date was provided by the source.
This Statista estimate is based on the 2027 values and the compound annual growth rate from 2020 to 2027 of 3 percent, which were provided by the source. An exponential development of the market was assumed.
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Statista. (July 20, 2021). Projected locomotive market size worldwide between 2020 and 2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1251225/global-locomotive-market-size-forecast/
Statista. "Projected locomotive market size worldwide between 2020 and 2027 (in million U.S. dollars)." Chart. July 20, 2021. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1251225/global-locomotive-market-size-forecast/
Statista. (2021). Projected locomotive market size worldwide between 2020 and 2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1251225/global-locomotive-market-size-forecast/
Statista. "Projected Locomotive Market Size Worldwide between 2020 and 2027 (in Million U.S. Dollars)." Statista, Statista Inc., 20 Jul 2021, https://www.statista.com/statistics/1251225/global-locomotive-market-size-forecast/
Statista, Projected locomotive market size worldwide between 2020 and 2027 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1251225/global-locomotive-market-size-forecast/ (last visited November 18, 2024)
Projected locomotive market size worldwide between 2020 and 2027 (in million U.S. dollars) [Graph], Statista, July 20, 2021. [Online]. Available: https://www.statista.com/statistics/1251225/global-locomotive-market-size-forecast/
