PUBLISHER: GlobalData | PRODUCT CODE: 1599150
PUBLISHER: GlobalData | PRODUCT CODE: 1599150
This report provides a detailed analysis of rail construction projects globally, based on projects tracked by GlobalData.
GlobalData is currently tracking railway construction projects, from the early pre-planning stages (announcement and study) through to execution, with a combined value of $5.9 trillion. In terms of region, North-East Asia accounts for the largest share of global value, with a pipeline valued at $2.4 trillion. Western Europe ranks second with a project pipeline value of $681.3 billion, followed by South Asia ($675.8 billion) and North America ($594.8 billion). Assuming all projects in the currently tracked pipeline proceed according to their schedules and spending is distributed evenly across the execution stage, annual pipeline expenditure may reach $451.8 billion in 2024 and $528 billion in 2025.