The global rolling stock market is set to expand until 2030, with growth rates varying from region to region, according to a study commissioned by the European Parliament’s Committee on Transport and Tourism (TRAN) and published on Thursday 13 July. The EU market, which is larger and more developed than many others, is expected to grow by 2 to 3% annually.
The study aims to assess the foreseeable demand and supply of rolling stock up to 2030 (see EUROPE 13173/10) and provide policy recommendations relevant to EU decision-making.
Most rolling stock manufacturers, generally based in countries with large national markets, respond to calls for tender on a global scale. For EU and third country suppliers, the difference between exports and imports shows a positive balance.
It is therefore suggested that a favourable business environment be fostered, that investment in research and development be continued, and that emphasis be placed on producing high-quality, reliable rolling stock that meets stringent safety standards. Promoting skills development and workforce training, supporting EU rolling stock manufacturers’ access to international markets and facilitating sustainable financing and investment is also recommended.
Read the study: https://aeur.eu/f/87v (Original version in French by Anne Damiani)