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The connected rail solutions market is forecasted to grow by USD 42.2 million during 2024-2029, accelerating at a CAGR of 6.2% during the forecast period. The report on the connected rail solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of technologically advanced connected devices, digital transformation in railway industry, and developments in railway infrastructure.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The connected rail solutions market is segmented as below:
By Safety And Signaling System
- CBTC
- PTC
- ATC
By Deployment
- On-premises
- Cloud-based
By Service
- Passenger mobility
- Train tracking and monitoring
- Others
By Type
- Electric locomotive
- Diesel locomotive
- Passenger wagons
- Others
By Geographical Landscape
- Europe
- APAC
- North America
- Middle East and Africa
- South America
The report on the connected rail solutions market covers the following areas:
- Connected Rail Solutions Market sizing
- Connected Rail Solutions Market forecast
- Connected Rail Solutions Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Safety and Signaling System
9 Market Segmentation by Deployment
10 Market Segmentation by Service
11 Market Segmentation by Type
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global connected rail solutions market: ABB Ltd., ALSTOM SA, Atos SE, CalAmp Corp., Cisco Systems Inc., Digi International Inc., General Electric Co., Hitachi Ltd., Huawei Technologies Co. Ltd., Indra Sistemas SA, Mitsubishi Electric Corp., Nokia Corp., Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Sierra Wireless Inc., Thales Group, Toshiba Corp., Trimble Inc., and Westinghouse Air Brake Technologies Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of smart cities globally."
According to the report, one of the major drivers for this market is the increasing adoption of technologically advanced connected devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- ALSTOM SA
- Atos SE
- CalAmp Corp.
- Cisco Systems Inc.
- Digi International Inc.
- General Electric Co.
- Hitachi Ltd.
- Huawei Technologies Co. Ltd.
- Indra Sistemas SA
- Mitsubishi Electric Corp.
- Nokia Corp.
- Robert Bosch GmbH
- Schneider Electric SE
- Siemens AG
- Sierra Wireless Inc.
- Thales Group
- Toshiba Corp.
- Trimble Inc.
- WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.
