SCI: Battery trains reshape Europe’s fleet market

Europe has become the world’s largest regional market for the rail industry, overtaking Asia with an estimated market volume of EUR 77.7 billion. SCI Verkehr expects the global market to grow by 3.9% annually through 2030, with passenger rail and digit…

A new European freight report shows road transport dominating inland freight, while the combined share of rail and waterways has fallen by 4.1 percentage points over the past decade.

European intermodal rail freight remains a stabilising pillar of rail transport, but growth is no longer broad-based. New SCI Verkehr’s market data show expansion concentrating on specific corridors, customers and business models.