The market is dominated by foreign suppliers, as imports account for 55.3% of total market size in 2024. Investments drive market demand, with investments representing 71.1% of total demand in 2024. Turkey has the 13th largest market size for railway and tramway locomotives and rolling stock regionally, with demand reaching USD474 million in 2024. Turkish Railway Machines Industry Inc is the largest company in Turkey, generating 3.7% of the industry’s total production value in 2024. The industry is fragmented, with the top four companies generating 10.8% of total production value in 2024. The total number of companies increases in 2024, to 495 units. The costs of the industry increase by 2.6% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 26.4% of production value in 2024, the highest regionally. The industry’s exports share increases in 2024 to 57.9% of total production output. With production value of USD777 million, Turkey accounts for 1.9% of the Western Europe total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Railway and Tramway Locomotives and Rolling Stock in Turkey: ISIC 352. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Railway and Tramway Locomotives and Rolling Stock in Turkey: ISIC 352 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Transport Equipment in Turkey report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
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- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Railway and Tramway Locomotives and Rolling Stock in Turkey: ISIC 352
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MARKET OVERVIEW
Transport Equipment
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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