Overall growth in the rail sector is driven by factors such as public funding, rising freight volumes, and political stability.
Rail Market: Key Takeaways, Turkey, 2014
Between 2014 and 2021, rail infrastructure development projects in the country will be worth about € billion.
In the majority of projects, investment is directed toward construction of new high-speed lines, electrification, extensions, and infrastructure upgrades.
There are approximately locomotives and multiple units in active service, The overall fleet is moderately young, with several new deliveries expected by 2021.
Investment in coal power, railway privatization, and open access are projected to boost rail volumes and revenues.
Turkey is highly receptive to foreign investment in the rail market. Regulatory changes will promote foreign investments through public-private partnerships
About this report
This strategic insight provides an outlook for growth opportunities in the Turkish rail market. Secondary and primary research was conducted, including interviews with suppliers, regulation authorities, and distributors. The study discusses key trends, market drivers and restraints, opportunities, market size, and forecasts for investments and rolling stock deliveries. It provides an overview of the Turkish State Railways organization, and the country’s current rail network. The study also highlights competitive factors, competitor market shares, and product portfolios. Key conclusions and a future outlook have been provided. The base year is 2014; the forecast period is from 2015 to 2021.
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