Railway technology: annual average global market size outlook 2017-2025

Published by Statista Research Department, Dec 21, 2023
This statistic shows the average annual market size of the rail technology industry between 2017 and 2025. During the 2020 and 2022 time period, the market volume was estimated at 116 billion euros on average. The market is expected to grow at a compound annual growth rate of 2.3 percent to reach an average annual value of 126 billion euros between 2023 and 2025.

Average size of the global market for railway technology between 2017 and 2025 (in billion euros)

CharacteristicMarket size in billion euros
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Statistic: Average size of the global market for railway technology between 2017 and 2025 (in billion euros)

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Release date

June 2022

Region

Worldwide

Survey time period

2017 to 2023

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