Transportation & Logistics » Road & Rail Transport » Rail industry | Global market size forecast - railway technology 2019

Railway technology: annual average global market size outlook '09-'19

Average size of the global market for railway technology between 2009 and 2019 (Figures expressed in billions of euros)

The data displays the average annual market size of the rail technology industry between 2009 and 2019. During the 2013 and 2015 time period, the market volume was estimated at just above 159 billion euro on average. The market is expected to grow at a compound annual growth rate of 2.6% to reach an average annual value of 185 billion euro between 2019 and 2021.

2009-2011 146
2011-2013 150
2013-2015 159.3
2017-2019 176
2019-2021 185

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