World Rail Market Study
Executive Dashboard
About the StudyAbout UnifePricingFAQ
World Rail Market Study
About the StudyAbout UnifePricingFAQ
UNIFE
DVV Media GroupBain & Company
Service
  • About us
  • Customer service
DVV Media Group GmbH

Heidenkampsweg 73–79
D-20097 Hamburg, Germany

Phone: +49 40 23714-100
Email: info@dvvmedia.com

UNIFE

The European Rail
Supply Industry Association

Rue de la Science 14A
B-1040 Brussels, Belgium
www.unife.org
@UNIFE

ImprintPrivacy PolicyTerms and Conditions

← About the Study

Glossary & Bibliography

The following tables define the transport and product segments used in the study.

Transport segmentDescription
Very high-speed (VHS)
  • Rolling stock laid out for operations at ≥ 300 km/h; infrastructure laid out for operations at ≥ 250 km/h
Mainline
  • High-speed (HS), intercity and regional traffic products
  • If broad or narrow gauges play a significant role, corresponding infrastructure and rolling stock are accounted for
  • Commuter rail (e.g., S-Bahn)
Urban
  • Light rail/tramway products (both operating with overhead cable and catenary-free products)
  • Metro products, also including rubber-tired systems
  • Automated systems, including people mover systems and monorail systems
Freight
  • Products employed solely for freight operations; mixed infrastructure (track used for passenger and freight operations) is included in the mainline segment
Rolling stock categoriesDescription
Very high-speed trains (VHS trains)
  • Trains with operational speed over and equal to 300 km/h
  • Standardised counting: each car is counted as one unit (e.g., a trainset with eight cars and two power heads is counted as ten units)
High-speed trains (HS trains)
  • Trains with operational speed from 220 to 299 km/h
  • Excluding locomotives at speed threshold; these are allocated to electric locomotives
  • Standardised counting: each car is counted as one unit (e.g., a trainset with eight cars and two power heads is counted as ten units)
Electric locomotives
  • Locomotives with an electric engine
  • Powerheads are excluded
Diesel locomotives
  • Locomotives with a diesel-hydraulic or diesel-electric engine
  • Maintenance cars, such as tamping machines, are excluded
  • Powerheads are excluded
Shunters
  • Diesel or electric locomotives with an engine power of up to 1,000 kW
  • In the US, diesel locomotives with up to 1,800 kW are considered shunters
  • For the CIS, the power threshold is set at 1,200 kW
  • Exceptions can be applied where deemed appropriate
Electric multiple units (EMUs)
  • Multiple units composed of railcars with electric engines and railcar trailers, differentiated further by speed: between 161 and 219 km/h and up to 160 km/h (split for intercity/regional)
  • Standardised counting with single-deck equivalents: total number of multiple units multiplied by the assumed factor for double-deck units of 1.6
Diesel multiple units (DMUs)
  • Multiple units composed of railcars with diesel engines and railcar trailers, differentiated further by speed: between 161 and 219 km/h and up to 160 km/h (split for intercity/regional)
  • Standardised counting with single-deck equivalents: total number of multiple units multiplied by the assumed factor for double-deck units of 1.6
Coaches
  • Passenger railway vehicles other than a railcar or a railcar trailer
  • Sleeping cars, saloon cars, dining cars, and ambulance cars included
  • Double-deck coaches are considered a separate category from single-deck coaches
  • Standardised counting with single-deck equivalents: total number of coaches multiplied by the assumed factor for double-deck units of 1.6
Freight wagons
  • Railway vehicles intended for transport of goods
  • Standardised counting: no differentiation by type
Light rail vehicles (LRVs)
  • Light rail vehicles/tramways
  • Two categories of light rail vehicles are considered: light rail vehicles using an overhead cable (OHC) and catenary-free LRVs
  • Catenary-free LRVs include both supercapacitors and those units with continuous power supply
  • Standardised counting: each light rail vehicle, be it a powered unit or trailer, is counted in reference to a standard 30-metre vehicle
Metro vehicles
  • Metro products, also including rubber-tired systems
  • Metro vehicles are separated into driver-operated and driverless vehicles
  • Driverless metro vehicles are those vehicles/systems with Grade of Automation 3 and 4, according to the UITP classification
  • Standardised counting: each unit/car is counted as one
Automated systems
  • All monorail and automated people mover systems (e.g., found at airports, theme parks, convention grounds)
  • Driverless metro units utilising metro systems (e.g., found in Paris, Dubai Metro) are included in metro vehicles
  • Standardised counting: each unit/car is counted as one
Alternative engines
  • Rolling stock with alternative engines, which is not part of one of the products mentioned in above categories, for example, battery-only, hybrid, or fuel cell rolling stock
  • Rolling stock with alternative engines will be differentiated into the segments freight locomotives, multiple units, or shunters (standardised counting applies, like in respective conventional categories)
Incumbent
  • A rail company that held a dominant market position before the introduction of competition through rail market liberalisation
InfrastructureDescription
Superstructure – Rail
  • Not including rail for ballastless solutions
  • Counting: kilometre
Superstructure – Sleepers
  • Includes fixtures
  • Counting: quantity of total track length multiplied by the assumed quantity of sleepers per kilometre
Superstructure – Ballast
  • Counting: kilometre
Superstructure – Ballastless
  • Includes all material and labour components for the ballastless superstructure
Electrification – Traction power supply
  • Power supply stations, civil works excluded
Rail control (Control Command and Signalling) systemsDescription
Rail control systems
  • Products for route control and related hardware, track products, specific software, and light signals (if in stations)
  • Includes all components for electrical, mechanical, relay-based, and electronic systems, as well as digital interlockings and wayside equipment
  • Includes both centralised and decentralised architecture
Automatic Train Protection (ATP)
  • All urban and non-urban trackside and onboard train protection equipment (balises, coded current ATP, baseline antenna, etc.) relying on conventional and advanced (e.g., ETCS, CBTC) technology, as well as trackside line signals
  • Includes positive train control (PTC) equipment
  • Includes telecommunication equipment required for the train protection functionality, especially for urban ATP CBTC applications
ServicesDescription
Maintenance rolling stock
  • Describes the labour portion of maintenance works carried out on rolling stock
  • Light maintenance: day-to-day repairs and component exchanges
  • Heavy maintenance: more substantial interventions as well as major overhaul of railway vehicles
  • Counting: is calculated based on representative countries, average costs per product segment, operational performance, efficiency of staff, average labour costs, and productivity factors
Refurbishment rolling stock
  • Describes the labour portion of refurbishment works carried out on rolling stock
  • Modernisation and adaptation of rolling stock to a completely new concept or design
  • In many cases, only the body shell of railway vehicles remains unchanged
  • Counting: is calculated based on representative countries, average costs per product segment, operational performance, efficiency of staff, average labour costs, and productivity factors
Spare parts rolling stock
  • Material share of the services business for maintenance and refurbishment, respectively
Services infrastructure
  • Regular maintenance work, including labour and material
  • Rail control parts excluded
TurnkeyDescription
Turnkey management/integration
  • Turnkey projects combine at least two of the three key product segments (rolling stock, rail control, and infrastructure) with a management portion and an optional services part; operations may also be part of turnkey projects but are not in scope, neither are civil works
  • Only the value added by project management is included; the value of rolling stock, infrastructure, services, and rail control elements is subsumed under the respective segments

Bibliography

  • Alstom: Alstom Equips S-Bahn Hamburg for Digital Rail Operations. Press release, 2025
  • Alstom: DB and Alstom Test Remote Driving for Commuter Trains in a Depot Environment. Press release, 2026
  • Association of American Railroads (AAR): Freight Rail Facts & Figures. 2024
  • Australian Rail Track Corporation (ARTC): Annual Report. 2025
  • Autorité de Régulation des Transports (ART): French Rail Transport Market. Report, 2024
  • Centralny Port Komunikacyjny (CPK): CPK Multiannual Programme 2024-2032. News article, 2025
  • CER, UITP, and UNIFE: Expert Guidance on the Implementation of the Cyber Resilience Act in Mainline and Urban Railways. Guidance document, 2026
  • China Daily: China's Railway Network Expansion. News article, 2024
  • China Daily: High-Speed Rail's Rapid Rise Rolls On. News article, 2026
  • CINEA: CEF Transport Funding for Sustainable and Connected Mobility. News article, 2025
  • Council of the European Union: EU assistance to Ukraine: energy security and infrastructure. Web page, 2026
  • CRRC Corporation Limited: Annual Results Announcement. Annual report, 2024
  • Deutsche Bahn: Development of the Infrastructure. Integrated report, 2024
  • Deutsche Bahn – Digitale Schiene Deutschland: Die Zukunft der Eisenbahn. Brochure, 2024
  • Digirail: Pursuing the European Lead in Rail Transport. Project website, 2026
  • Ecofin Agency: Algeria Issues Tenders for Railway Under Rail Expansion Drive. News article, 2026
  • Emergen Research: US Rail Infrastructure Market. Market report, 2025
  • ETInfra: Kavach Deployment and Signalling Modernisation by Indian Railways. News article, 2026
  • European Commission: 9th Report on Monitoring Development of the Rail Market. Report, 2025
  • European Commission: Baltic Sea–Black Sea–Aegean Sea Corridor. Web page, 2026
  • European Commission: Connecting Europe Facility 2028-2034. News article, 2025
  • European Commission: ERTMS – More Important Than Ever. News article, 2026
  • European Commission: ERTMS – State of Play. Web page, 2024
  • European Commission: ERTMS – Third Work Plan of the European Coordinator Matthias Ruete. 2026
  • European Commission: Implementing Regulation (EU) 2023/1695. Regulation, 2023
  • European Commission: North Sea–Baltic Corridor. Web page, 2026
  • European Commission: Passenger Package. 2026
  • European Commission: Plan to Accelerate High-Speed Rail Across Europe. News article, 2025
  • European Commission: Rail Market Packages Overview. Web page, 2024
  • European Data Protection Board (EDPB): Guidelines on Processing of Personal Data Through Video Devices. Guidelines, 2020
  • European Union Agency for Cybersecurity (ENISA): NIS Investments 2025. Report, 2025
  • European Union Agency for Cybersecurity (ENISA): Railway Cybersecurity – Good Practices in Cyber Risk Management. Report, 2021
  • European Union Agency for Railways (ERA): Railway Factsheet. Web page, 2025
  • FS News: New ETR1000 Trains for High-Speed Rail. News article, 2026
  • German Federal Network Agency (Bundesnetzagentur): Market Study for Railways. Market study, 2025
  • Government of Japan (e-Stat): Railway Rolling Stock Production Dynamics Statistics – Annual Report. Statistical report, 2024
  • Hitachi Rail: Australia: World First – Fully Autonomous Heavy-Haul Rail Network. Case study, 2024
  • Hochschule Bonn-Rhein-Sieg: User Acceptance of Fully Autonomous Public Transport. Conference paper, 2017
  • India Brand Equity Foundation (IBEF): Indian Railways Industry Analysis. 2025
  • International Electrotechnical Commission (IEC): IEC 62290-1 – Railway Applications: Urban Guided Transport Management and Command/Control Systems. Standard, 2024
  • International Union of Railways (UIC): Atlas High-Speed Rail. 2024
  • International Union of Railways (UIC): Future Railway Mobile Communication System (FRMCS). Web page, 2023
  • International Union of Railways (UIC): Railway Statistics Synopsis. 2025
  • MDPI: Feasibility and Challenges of Pilotless Passenger Aircraft: Technological, Regulatory, and Societal Perspectives. Journal article, 2026
  • Ministry of Railways (Government of India): Indian Railways Coach Production. Press release, 2025
  • Ministry of Railways (Government of India): Railway Network Electrification. Press release, 2025
  • Ministry of Railways (Government of India): Year End Review. Press release, 2024
  • Ministry of Transport of the People's Republic of China: Nationwide Urban Rail Transit Operating Mileage exceeds 11,710 km. News article, 2026
  • Network Rail: Control Period 7 (CP7) Delivery Plans (2024-2029). Delivery plan, 2024
  • Network Rail: Network Rail's £4bn Train Control Systems Framework to Revolutionise Signalling Across Britain. Press release, 2024
  • OECD: Competitive Neutrality Toolkit, Promoting a Level Playing Field. 2024
  • Office of Rail and Road (ORR): Network Rail Efficiency and Finance Assessment. Assessment report, 2025
  • PAP Biznes: PKP PLK to spend around PLN 11 billion on investments in 2025. News article, 2025
  • Railway Gazette International: Light Rail. 2025
  • Railway Gazette International: Metro. 2025
  • Railway Gazette International: NS and CAF test Train Automation Technology. News article, 2024
  • Railway Supply: JR Central Expands Shinkansen Fleet. News article, 2024
  • Research and Markets: Rail Infrastructure Construction Market in Brazil. Market report, 2023
  • Rete Ferroviaria Italiana (RFI): Key Figures and Annual Report. Annual report, 2024
  • ROLLINGSTOCK Agency: Moscow Metro Fleet Expansion. News article, 2025
  • ROLLINGSTOCK Agency: Rolling Stock Production in Russia. Industry analysis, 2024
  • Rolling stock World: Moscow Plans to Purchase About 700 Metro Cars in 2026 and 2027. News article, 2025
  • Siemens AG: AI-Based Obstacle Detection for Train Operations in Rail Depots. Press release, 2025
  • Siemens Mobility: Deutsche Bahn orders Additional ICE 3neo Trains from Siemens Mobility. Press release, 2023
  • Siemens Mobility: €2 Billion Double-Decker Train Contract for Swiss Federal Railways (SBB). Press release, 2026
  • Siemens Mobility: Fully Automated Trains for Copenhagen's Suburban Rail System. Press release, 2026
  • Škoda Group: Electric Train Supply Contract for Uzbekistan. Press release, 2023
  • South China Morning Post: China plans high-speed rail expansion by 2030. News article, 2025
  • State Council Information Office of China: China adds 2,000 km of High-Speed Rail in 2025. Press release, 2025
  • State Council of the People's Republic of China: China's Urban Rail Transit Trips skyrocket 130 pct in December 2023. News article, 2024
  • Swiss Federal Railways (SBB): Expansion Step 2035 (STEP ES 2035). Web page, 2024
  • The Economic Times: L&T wins contract for Mumbai-Ahmedabad Bullet Train Project. News article, 2025
  • Transport Canada: Transportation in Canada. Annual Report, 2024
  • TTG Italia: Italo Passenger Traffic Growth. News article, 2023
  • UK Department for Transport: Full Steam Ahead: Young People Take the Driver's Seat to Improve Train Services and Unlock Jobs. Press release, 2025
  • UK Department for Transport: Great British Railways: William-Shapps Plan for Rail. 2021
  • VDV: Personal- und Fachkräftebedarf im ÖPNV. Industry report, 2024
  • Wabtec Corporation: Kazakhstan Locomotive Supply Agreement. Press release, 2025
  • Washington Metropolitan Area Transit Authority (WMATA): Rail Modernization Program. Board presentation, 2025
  • YouGov: Public Attitudes Toward Driverless Cars. Survey report, 2025