The European passenger locomotive market is experiencing significant growth, a trend that, according to the analytical firm SCI Verkehr, is expected to continue in the coming years, this is reported by the railway transport news portal Railway Supply.

Boom in the European Passenger Locomotive Market

In 2023, the supply volume of passenger carriages for intercity and overnight travel amounted to €570 million, while locomotives reached €90 million.

Forecasts suggest that by 2028, these figures will increase to €1.7 billion and €0.6 billion respectively.

Reasons for Market Growth

SCI Verkehr analysts highlight several key factors contributing to the boom in the passenger locomotive market.

Firstly, the demand for more flexible rail transport solutions continues to grow. Passengers seek more comfortable and convenient travel conditions, prompting manufacturers to develop and supply more modern and comfortable carriages.

Boom in the European Passenger Locomotive Market

Secondly, the certification of locomotives for cross-border transportation is less complicated compared to high-speed multiple-unit rolling stock. This makes locomotives more attractive to railway operators, especially given the increase in international rail travel.

Examples of Successful Projects

In recent years, several major projects for the supply of new locomotives have been successfully implemented in Europe. For instance, the Austrian company OBB and the Czech company CD have received new NightJet, Railjet, and ComfortJet trains with carriages produced by Siemens. These trains have proven to be comfortable and convenient for passengers, boosting their popularity and demand for similar solutions.

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Major contracts for the supply of modern passenger locomotives are also being implemented in Denmark, Germany, Italy, and other countries. These projects confirm the high interest of European countries in developing and improving railway transport quality.

Future Prospects

Considering current trends and SCI Verkehr’s forecasts, the European passenger locomotive market is expected to continue growing. Manufacturers will strive to meet the increasing demand for comfortable and modern trains, while operators will focus on improving service quality.

Boom in the European Passenger Locomotive Market

The development of rail transport, including the expansion of international routes, will further contribute to market growth. Infrastructure improvements and the adoption of new technologies will be key factors ensuring sustainable development and further growth of the passenger locomotive market in Europe.

Overall, SCI Verkehr’s forecasts indicate a bright future for the European passenger locomotive market. With increasing supplies of carriages and locomotives, rail travel will become even more attractive and convenient for passengers, positively impacting the entire continent’s transport system.

Photo: SCI Verkehr, OBB, CD

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