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An excellent indicator of the market’s general growth is the government’s increased budget allocation and the implementation of numerous programmes for the construction of railway infrastructure.
Environmental issues including rising carbon emissions and high oil costs have sparked a need for environmentally friendly railroads, which has prompted the government and key firms to shift their focus toward rolling stock powered by electricity.
Additionally, the adoption of data analytics and digitization in the railroads, coupled with the introduction of hydrogen fuel and battery-based rolling stock, are all contributing to the market’s expansion.
The UAE Rolling Stock Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The UAE will get push-pull diesel trains from CAF with a top speed of 200 km/h. The amount of automobiles that will be supplied is a secret between the parties. The order also covers rail maintenance, although its duration is not stated. This is the country’s first rolling stock supply deal with the CAF.
The passenger capacity of more than 400 passengers is also known, in addition to the top speed. According to reports, the vehicles would be classified into the first, business, and economy classes and will have strong air conditioning systems.
The new cars, which will be made in Spain, will be used on a projected 145-kilometre route connecting 11 important towns in the United Arab Emirates.
With the help of the initiative, freight and passenger transportation will be developed, including a 1,200 kilometre railway network. It is reported that the distance between Abu Dhabi and Fujairah will be travelled in 50 and 100 minutes, respectively.
