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The Israeli railway market is a relatively small but growing market, with a total network of over 1,400 kilometers. The market is expected to grow at a CAGR of 4.5% from 2023 to 2027, reaching a value of US$1.5 billion by 2027. This growth is being driven by factors such as increasing urbanization, rising disposable incomes, and government initiatives to improve public transportation.
The Israeli government is the largest procurer of railway products and services. In 2022, the government spent over US$300 million on railway procurement. The government procures a wide range of railway products and services, including locomotives, rolling stock, tracks, signaling systems, and electrification equipment.
The main railway products and services procured by the Israeli government are:
Locomotives
Rolling stock
Tracks
Signaling systems
Electrification equipment
Passenger coaches
Freight wagons
Rail bridges
Tunnel construction
The top authorities for Israel Railways procurement are:
Ministry of Transport and Road Safety
Israel Railways (IR)
Infrastructure Development Corporation (IDC)
NTA Metropolitan Mass Transit System Ltd.
The top winners of Israel Railways procurement are:
Bombardier Transportation
Siemens
Alstom
ABB
CAF
Škoda Transportation
Stadler Rail
Knorr-Bremse
Thales
Hitachi Rail Systems
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