Producer
Siemens Mobility
German railway technology company (Siemens AG subsidiary); major global signaling supplier and rolling stock manufacturer. Siemens Mobility signaling division serves metro systems (CBTC), mainline (ETCS), and some North American transit PTC. In North America, Siemens has competed for Amtrak and commuter rail signaling contracts. Also manufactures Amtrak's Acela II high-speed trains (ACS-64 locomotives for Northeast Corridor). Siemens had a proposed merger with Alstom (2017-2019) that was blocked by EU regulators on competition grounds.
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Railway Signaling & Train Control
35%Rolling Stock
40%Rail Electrification & Infrastructure
15%Turnkey & Service
10%
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Did you know2019
Siemens Mobility and Alstom proposed a merger in 2017 to create a 'European rail champion' that could compete with China's CRRC Corporation (world's largest rolling stock manufacturer) in global markets. The European Commission blocked the merger in February 2019, ruling it would create an unacceptable monopoly in European high-speed trains and railway signaling. The blocked merger subsequently left both companies as independent but weaker competitors to CRRC. The EU's merger veto, intended to protect European competition, may have inadvertently made it harder for European signaling companies to compete against Chinese rail technology — the same outcome it was designed to prevent. Siemens Mobility now operates independently after the failed merger.
European Commission / Alstom ↗Origin2023
Siemens has been in the railway business since 1879, when Werner von Siemens demonstrated the world's first electric railway at the Berlin Trade Exhibition. Siemens Mobility is one of the oldest continuously operating rail technology businesses in the world. In 2017-2019, Siemens proposed merging Siemens Mobility with Alstom to create a European rail technology champion. The EU blocked the merger in February 2019 citing competition concerns — a decision that arguably changed the course of the European rail industry. Deprived of the Siemens merger, Alstom instead acquired Bombardier Transportation in 2021 for €5.8B with debt that led to Alstom's subsequent financial crisis.
Siemens AG ↗Capacity2023
Siemens Mobility is the #1 global ETCS/ERTMS signaling provider and simultaneously developing the Mireo Plus H hydrogen fuel cell train — the primary European competitor to Alstom's Coradia iLint. Siemens is unique among the major global rail companies in having significant market-leading positions in both (a) the digital/signaling layer of rail infrastructure and (b) the rolling stock layer, including hydrogen-powered alternatives to diesel trains. No other single company combines ETCS leadership with a commercial hydrogen train program at comparable maturity.
Siemens Mobility GmbH ↗