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The need for safe, reliable, and efficient transportation is on the rise, and the usage of public transportation as a strategy to reduce traffic jams is increasing. These and other factors are what is driving the expansion of the rolling stock industry.
The rolling stock industry is expected to have slow development because of high capital requirements and the need to rehabilitate current rolling equipment.
In addition, it is anticipated that increased autonomous train testing, improved rail infrastructure, particularly in emerging nations, and increased industrial and mining activities would all lead to significant chances for the growth of the rolling stock industry.
The Austria Rolling Stock Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
In the Czech Republic, testing of the CRRC double-deck multi-system electric train for Austria got underway. The DDEMU2 train arrived in the VUZ test ring in Velima after testing there. Four DDEMU2 trains will be leased, according to the Austrian carrier Westbahn.
In a previous procurement for the delivery of 15 double-decker trains, CRRC was defeated by Stadler.
The six-car DDEMU2 can carry 571 passengers and attain a top speed of 200 km/h. It is created in the Zhuzhou plant. The criteria of the European TSI are fully complied with. The two-story structure is just 10% heavier than a single-deck, according to CRRC, despite having a significant amount of composite components.
The newly ordered single-decker Sirius trains from CRRC were rejected by the Czech Leo Express. Additionally, Romania, where Alstom was favoured, did not find the Chinese offer with a new model to be persuasive.
