Europe Railroad Market Size & Outlook, 2025-2030
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Europe railroad market highlights
- The Europe railroad market generated a revenue of USD 68,843.1 million in 2024.
- The market is expected to grow at a CAGR of 5.9% from 2025 to 2030.
- In terms of segment, passenger rail was the largest revenue generating type in 2024.
- Passenger Rail is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 68,843.1 million |
| Market revenue in 2030 | USD 97,534.0 million |
| Growth rate | 5.9% (CAGR from 2025 to 2030) |
| Largest segment | Passenger rail |
| Fastest growing segment | Passenger Rail |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Passenger Rail, Rail Freight |
| Key market players worldwide | Central Japan Railway Company, SNCF, Union Pacific Corporation, BNSF Railway Company, Indian Railways, Deutsche Bahn, Russian Railways, CSX, Canadian Pacific Railway |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.1% of the global railroad market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 73,656.7 million by 2030.
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Railroad Market Scope
Railroad Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Canadian Pacific Railway | View profile | 10001+ | Winnipeg, Manitoba, Canada, North America | https://www.cpr.ca |
| Central Japan Railway Company | View profile | 10001+ | Nagoya, Aichi, Japan, Asia | http://english.jr-central.co.jp |
| Russian Railways | View profile | 10001+ | Moscow, Moscow City, Russian Federation, Europe | http://rzd.ru/ |
| BNSF Railway Company | View profile | 10001+ | Fort Worth, Texas, United States, North America | http://www.bnsf.com/ |
| Deutsche Bahn | View profile | 10001+ | Frankfurt, Hessen, Germany, Europe | http://www.bahn.de |
| SNCF | View profile | 10001+ | Saint-denis, Ile-de-France, France, Europe | https://www.sncf.com |
| Indian Railways | View profile | 1001-5000 | New Delhi, Delhi, India, Asia | http://www.indianrail.gov.in/enquiry/StaticPages/StaticEnquiry.jsp?StaticPage=index.html |
| CSX | View profile | 1-10 | Auckland, Auckland, New Zealand, Oceania | https://csx.co.nz/ |
| Union Pacific Corporation | View profile | 10001+ | Omaha, Nebraska, United States, North America | http://www.up.com/ |
Europe railroad market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to railroad market will help companies and investors design strategic landscapes.
Passenger rail was the largest segment with a revenue share of 61.23% in 2024. Horizon Databook has segmented the Europe railroad market based on passenger rail, rail freight covering the revenue growth of each sub-segment from 2018 to 2030.
The railroad market in Europe accounted for over 21% revenue share of the global railroad industry in 2024. This is driven by Europe's commitment to sustainable transportation, leading to significant investments in modernizing and expanding rail networks across the continent.
Initiatives like the Trans-European Transport Network (TEN-T) aim to enhance cross-border connectivity, while the development of high-speed rail networks in countries such as France, Spain, and Germany further boosts market growth. Additionally, the adoption of digital technologies and smart rail infrastructure is improving operational efficiency and passenger experience, contributing to the market's expansion.
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Target buyers of Europe railroad market databook
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Our clientele includes a mix of railroad market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe railroad market , including forecasts for subscribers. This continent databook contains high-level insights into Europe railroad market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe railroad market size, by country, 2018-2030 (US$M)
Europe Railroad Market Outlook Share, 2024 & 2030 (US$M)
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