PUBLISHER: GlobalData | PRODUCT CODE: 2032121
PUBLISHER: GlobalData | PRODUCT CODE: 2032121
GlobalData is currently tracking railway construction projects from the early pre-planning stages (announced and study) through to execution, with a combined value of $6.7 trillion. In terms of region, North-East Asia accounts for the largest share (33.6%) of global value, with a pipeline valued at $2.2 trillion. South Asia ranks second with a project pipeline value of $790.8 billion, followed by Western Europe ($784.5 billion) and North America ($737 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 $543.5 billion in 2026 and $731.8 billion in 2027. Between 2028 and 2030, spending on the currently tracked pipeline may reach an annual average of $690 billion.