PUBLISHER: GlobalData | PRODUCT CODE: 1890403
PUBLISHER: GlobalData | PRODUCT CODE: 1890403
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 $6.90 trillion. In terms of region, North-East Asia accounts for the largest share (32.5%) of global value, with a pipeline valued at $2.2 trillion. Western Europe ranks second with a project pipeline value of $811 billion, followed by South Asia ($807.5 billion) and South-East Asia ($703.5 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 $443.7 billion in 2025 and $565.3 billion in 2026. Between 2027 and 2029, spending on the currently tracked pipeline may reach an annual average of $708.9 billion