The rail transport market - France

The rail industry refers to all economic activities relating to the production, sale and maintenance of vehicles for transport on railways. hicles, both passenger and freight, sometimes referred to as "freight". The global rail market is growing , and is expected to continue to do so over the next few years. The production of rail technology accounts for a significant proportion of sales in this market. The French passenger and freight transport market is following this global growth trend, in which it plays an important role. France is also one of Europe's leading countries, behind Germany, in terms of train use as a means of transport, in terms of the number of kilometers traveled by individual passengers. Similarly, in terms of track built, the French and German networks dominate the European market. The production of rail technologies is divided as follows: rolling stock, followed by signalling equipment, infrastructure works and other miscellaneous equipment. We also note theimportance of the digitalization of trains (for people) and the investments made to improve the consumer experience. The passenger rail market is directly linked to public funding, unlike the freight sector, which is made up of numerous private players.although appreciated for its lower environmental footprint, rail transport faces stiff competition and aggressive pricing policies in the air, bus and river freight markets. The forthcoming liberalization of the sector is set to shake up the market with the arrival of new players. SNCF is focusing in particular on renewing its offer.