RAILWAY ENGINEERING-UK-MARCH 2018


#1647965

N/A

Mintel

$ 1344

In Stock

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.