PUBLISHER: GlobalData | PRODUCT CODE: 1706677
PUBLISHER: GlobalData | PRODUCT CODE: 1706677
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 $6 trillion. In terms of region, North-East Asia accounts for the largest share (39.5%) of global value, with a pipeline valued at $2.4 trillion. South Asia ranks second with a project pipeline value of $716 billion, followed by Western Europe ($683.2 billion) and North America ($596 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 $508.8 billion in 2025 and $627.1 billion in 2026. Between 2027 and 2029, spending on the currently tracked pipeline may reach an annual average of $586.4 billion.