Global demand for rail is growing | SmartPlanet

Rail networks are expected to double in Africa, Latin America, and the Middle East by 2022.

GIBS Information Centre / GIBSIC‘s insight:

impacting Africa–  

Other key market projections:

  • Africa will experience the highest growth in the rail supply market.
  • North America will be the fastest growing market for light and commuter rail and metro rail will be the largest replacement market.
  • By 2020, China will have nearly 75,000 miles of rail.
  • Between 2015 and 2022, Europe is expected to replace 10,298 locomotives and 1,860 railcars.

See on www.smartplanet.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s