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The manufacturing of rolling stock category offers details on the creation of waggons, locomotives, and other types of rail equipment.
Information on railroad electrification and technologies aimed at enhancing railroad productivity and safety is also available. Statista offers data on this industry’s key manufacturers’ and suppliers’ commercial activity. Both global and local data are accessible.
Travel is also predicted to expand somewhat in other areas due to a broad underlying growth trend fueled by population expansion and economic factors.
The organisation of the railway and its infrastructure requirements have risen on the political agenda from a position of comparatively low importance.
Continued investment in the railroad is necessary for the infrastructure, as rail services are ultimately what will be able to meet the growing demand for mass transportation.
Two European cities have chosen CAF once more to carry out two contracts that will enhance their urban public transportation services.
In one instance, it will replace the light metro vehicles on Line 1 in Athens, and in another instance, it will provide Seville with new trams. The combined value of these two contracts is rather significant.
The scope of the work that needs to be done on the units will include CAF Power & Automation replacing the traction equipment, installing brand-new, cutting-edge motors with improved consumption efficiency, and updating a number of other systems, including those that deal with braking equipment, vehicle access door control, and passenger information systems, to name a few.
In order to enhance passenger comfort and safety, the project also involves enhancing train access, renovating the inside of the units, and creating spaces for people with limited mobility.
The Europe Rolling Stock Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.