UK Railway Engineering market report
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Providing the most comprehensive and up-to-date information and analysis of the Railway Engineering market, and the behaviours, preferences and habits of the consumer.
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What are the key challenges facing the industry and how fast are its rates of growth? Who is the consumer and what do they want? Where are the opportunities, where are the risks and what lies ahead?
Expert analysis from a specialist in the field
Written by Claudia Preedy, a leading analyst in the B2B sector, her extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
Orders for new passenger trains are at a historically high level, with more than 6,000 carriages committed to between April 2014 and March 2021, according to the latest Long Term Passenger Rolling Stock Strategy. With a capital cost of more than £10 billion, around 50% of these new vehicles are expected to be built in Britain. In response to the sharp upturn in UK train orders, and with further lucrative orders on the horizon, most notably HS2, a number of major train manufacturers are investing heavily in UK facilities. While the new rolling stock introduction is expected to peak with the delivery of current orders, the long-term outlook for new build remains positive.
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