Maria Leenen and Andreas Wolf

SCI Verkehr predicts a reduction in the rate of growth from 3.2% in 2014 to 2.3% up to 2020 in its latest analysis of the €169bn global railway market, which is published in time for InnoTrans. As Maria Leenen, CEO, and Andreas Wolf, senior consultant with SCI Verkehr,* explain after sales has now overtaken OEM for the first time.

Current prospects for the global rail track system market are mixed according to the latest study by German consultancy SCI Verkehr. CEO Maria Leenen and senior consultant Karl Strang profile the results.

Despite strong growth in demand, the German rail market is facing considerable uncertainty resulting from changes in the way rail services are funded, amendments to legislation and regulation and a squeeze on public spending. Maria Leenen and Karl Strang from consultancy SCI Verkehr say the decisions being taken now are likely to have a profound effect on the entire market.