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Asia Pacific Rail Asset Management Market Size, Share & Industry Trends Analysis Report By Component (Solution and Services), By Services, By Deployment Type, By Application, By Country and Growth Forecast, 2021-2027

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    Report

  • 129 Pages
  • February 2022
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5571207
The Asia Pacific Rail Asset Management Market is expected to witness market growth of 5.9% CAGR during the forecast period (2021-2027).

Rail operators must modernise their basic IT platforms in order to fully reap the advantages of advanced digital asset management. It's possible that legacy technology systems won't be able to handle the massive amounts of data generated by sensors and drones. Modern platforms will most certainly be able to better handle this avalanche of data, as well as analyse it faster and more thoroughly to enable speedier decision-making. A modern digital platform is made up of a collection of microservices that operate together as an obtaining the data to help train operators get the most out of a consistent, data-driven operating strategy. A digital platform lays the groundwork for transformation, allowing for dependable and efficient worldwide operations and service delivery.

Intelligent sensors attached to rail line intervals, for example, can measure temperature, pressure, motion, and other parameters. Train operators can discover where repair is needed before rail components exhibit signs of deterioration by feeding sensor data via an advanced analytics engine powered by artificial intelligence and machine learning.

Because of the increased acceptance of new technologies, rising investments in digital transformation, and increasing GDP in APAC countries, the APAC region is experiencing rapid growth in the rail asset management market. Australia, Singapore, China, Korea, Hong Kong, and India are among the region's most promising economies, with each reportedly spending heavily on rail technology transformation.

Indian Railways is a massive organization that defies description using adjectives like "gigantic" and "colossal." In the field of big data analytics, IR has a wide range of options to investigate. Customer experience, train scheduling, timetabling, increasing security at railway stations, network optimization, automatic charting, inventory management, crew management, and IRCTC ticket administration are just a few of the applications available.

The China market dominated the Asia Pacific Rail Asset Management Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $1,145.5 million by 2027. The Japan market is poised to grow at a CAGR of 5.4% during (2021 - 2027). Additionally, The India market is expected to display a CAGR of 6.6% during (2021 - 2027).

Based on Component, the market is segmented into Solution and Services. Further, the solution segment is bifurcated into Asset Performance Management (APM), Asset Planning & Scheduling, Workforce Management, Security, Analytics, Network Management, Incident Management, and Others. Based on Services, the market is segmented into Professional Services and Managed Services. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Application, the market is segmented into Rolling Stock and Infrastructure. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ALSTOM Holdings, Siemens AG, IBM Corporation, Hitachi, Ltd. (Hitachi ID Systems, Inc.), SAP SE, Cisco Systems, Inc., Capgemini SE, Accenture PLC, Wabtec Corporation, and Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)

Scope of the Study


Market Segments Covered in the Report:


By Component
  • Solution
    • Asset Performance Management (APM)
    • Asset Planning & Scheduling
    • Workforce Management
    • Security
    • Analytics
    • Network Management
    • Incident Management
    • Others

  • Services
    • Professional Services
    • Managed Services


By Deployment Type
  • On-premise
  • Cloud

By Application
  • Rolling Stock
  • Infrastructure

By Country
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players


List of Companies Profiled in the Report:


  • ALSTOM Holdings
  • Siemens AG
  • IBM Corporation
  • Hitachi, Ltd. (Hitachi ID Systems, Inc.)
  • SAP SE
  • Cisco Systems, Inc.
  • Capgemini SE
  • Accenture PLC
  • Wabtec Corporation
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)

Unique Offerings from the Publisher


  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Rail Asset Management Market, by Component
1.4.2 Asia Pacific Rail Asset Management Market, by Deployment Type
1.4.3 Asia Pacific Rail Asset Management Market, by Application
1.4.4 Asia Pacific Rail Asset Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Acquisitions and Mergers : 2020, Jan – 2022, Jan) Leading Players
Chapter 4. Asia Pacific Rail Asset Management Market by Component
4.1 Asia Pacific Solution Market by Country
4.2 Asia Pacific Rail Asset Management Market by Solution Type
4.2.1 Asia Pacific Asset Performance Management (APM) Market by Country
4.2.2 Asia Pacific Asset Planning & Scheduling Market by Country
4.2.3 Asia Pacific Workforce Management Market by Country
4.2.4 Asia Pacific Security Market by Country
4.2.5 Asia Pacific Analytics Market by Country
4.2.6 Asia Pacific Network Management Market by Country
4.2.7 Asia Pacific Incident Management Market by Country
4.2.8 Asia Pacific Other Solution Type Market by Country
4.3 Asia Pacific Services Market by Country
4.4 Asia Pacific Rail Asset Management Market by Services Type
4.4.1 Asia Pacific Professional Services Market by Country
4.4.2 Asia Pacific Managed Services Market by Country
Chapter 5. Asia Pacific Rail Asset Management Market by Deployment Type
5.1 Asia Pacific On-premise Market by Country
5.2 Asia Pacific Cloud Market by Country
Chapter 6. Asia Pacific Rail Asset Management Market by Application
6.1 Asia Pacific Rolling Stock Market by Country
6.2 Asia Pacific Infrastructure Market by Country
Chapter 7. Asia Pacific Rail Asset Management Market by Country
7.1 China Rail Asset Management Market
7.1.1 China Rail Asset Management Market by Component
7.1.1.1 China Rail Asset Management Market by Solution Type
7.1.1.2 China Rail Asset Management Market by Services Type
7.1.2 China Rail Asset Management Market by Deployment Type
7.1.3 China Rail Asset Management Market by Application
7.2 Japan Rail Asset Management Market
7.2.1 Japan Rail Asset Management Market by Component
7.2.1.1 Japan Rail Asset Management Market by Solution Type
7.2.1.2 Japan Rail Asset Management Market by Services Type
7.2.2 Japan Rail Asset Management Market by Deployment Type
7.2.3 Japan Rail Asset Management Market by Application
7.3 India Rail Asset Management Market
7.3.1 India Rail Asset Management Market by Component
7.3.1.1 India Rail Asset Management Market by Solution Type
7.3.1.2 India Rail Asset Management Market by Services Type
7.3.2 India Rail Asset Management Market by Deployment Type
7.3.3 India Rail Asset Management Market by Application
7.4 South Korea Rail Asset Management Market
7.4.1 South Korea Rail Asset Management Market by Component
7.4.1.1 South Korea Rail Asset Management Market by Solution Type
7.4.1.2 South Korea Rail Asset Management Market by Services Type
7.4.2 South Korea Rail Asset Management Market by Deployment Type
7.4.3 South Korea Rail Asset Management Market by Application
7.5 Singapore Rail Asset Management Market
7.5.1 Singapore Rail Asset Management Market by Component
7.5.1.1 Singapore Rail Asset Management Market by Solution Type
7.5.1.2 Singapore Rail Asset Management Market by Services Type
7.5.2 Singapore Rail Asset Management Market by Deployment Type
7.5.3 Singapore Rail Asset Management Market by Application
7.6 Malaysia Rail Asset Management Market
7.6.1 Malaysia Rail Asset Management Market by Component
7.6.1.1 Malaysia Rail Asset Management Market by Solution Type
7.6.1.2 Malaysia Rail Asset Management Market by Services Type
7.6.2 Malaysia Rail Asset Management Market by Deployment Type
7.6.3 Malaysia Rail Asset Management Market by Application
7.7 Rest of Asia Pacific Rail Asset Management Market
7.7.1 Rest of Asia Pacific Rail Asset Management Market by Component
7.7.1.1 Rest of Asia Pacific Rail Asset Management Market by Solution Type
7.7.1.2 Rest of Asia Pacific Rail Asset Management Market by Services Type
7.7.2 Rest of Asia Pacific Rail Asset Management Market by Deployment Type
7.7.3 Rest of Asia Pacific Rail Asset Management Market by Application
Chapter 8. Company Profiles
8.1 ALSTOM Holdings
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers
8.2 Siemens AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers
8.2.5.3 Geographical Expansions:
8.2.6 SWOT Analysis
8.3 IBM Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Hitachi, Ltd. (Hitachi ID Systems, Inc.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers
8.5 SAP SE
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 SWOT Analysis
8.6 Cisco Systems, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Acquisition and Mergers
8.6.6 SWOT Analysis
8.7 Capgemini SE
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.8 Accenture PLC
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Acquisition and Mergers
8.9 Wabtec Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional & Segmental Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Partnerships, Collaborations, and Agreements:
8.9.4.2 Acquisition and Mergers
8.10. Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense

Companies Mentioned

  • ALSTOM Holdings
  • Siemens AG
  • IBM Corporation
  • Hitachi, Ltd. (Hitachi ID Systems, Inc.)
  • SAP SE
  • Cisco Systems, Inc.
  • Capgemini SE
  • Accenture PLC
  • Wabtec Corporation
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)

Methodology

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