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

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