SCI Verkehr says in its latest Multiple Units - Global Market Trends study that the world market for regional and suburban multiple unit trains is currently worth more than €9bn and is growing at around 9% per year, while the €8bn aftersales market has an annual growth rate of 4%.
SCI Verkehr’s annual assessment of the rail business climate, based on a survey of around 100 representative companies from the global railway industry, says the outlook is more positive in the first quarter of this year compared with the first quarters of both 2016 and 2017 (see graph below).
ACCORDING to a study conducted by SCI Verkehr, the €12.5bn market for railway products services in Germany is predicted to grow at an average of 3.4% per annum to reach €14.6bn by 2021, which is faster than the 2.3% annual global growth rate forecast by SCI last year.
THE global outlook for the railway industry remains positive according to the latest quarterly survey of senior managers from around 100 companies conducted by SCI Verkehr, which says its quarterly business index is now at 30, the highest since 2014.
ACCORDING to a global study of railway infrastructure suppliers by SCI Verkehr, while Siemens and Voestalpine are still the market leaders, Chinese manufacturers are catching up, which SCI says is due to advancing digitalisation in signalling and train control and profound changes in the international steel market.
ACCORDING to a report published by SCI Verkehr, Germany, all types of rail traffic are expected to grow up to 2025, building on the growth already achieved since 2005. The strongest growth is expected in urban rail, followed by mainline passenger and freight.
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.
GERMANY's per capita investment in rail infrastructure ranks poorly alongside that of other major European economies, according to a study published on July 12 by German transport consultancy SCI Verkehr and Allianz pro Schiene, a coalition of 22 non-profit organisations and over 120 companies from across the German rail industry.