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Connected Rail Market By Service, By Rolling Stock, By Safety and Signaling System: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 293 Pages
  • June 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670760
The connected rail transmits bi-directional data among trains and the network control center, which is the central processing unit of the train management system. A connected rail system provides onboard passengers on the train with Wi-Fi services inside the train and on the platform. Moreover, connected rail also provides onboard and off-board IP-based communication, video surveillance, passenger information, entertainment, and automated operations such as automatic train control (ATC) and communication-based train control (CBTC).

Furthermore, the connected rail market is projected to witness considerable growth, especially in Europe, owing to presence of sophisticated infrastructure to undertake various projects and earliest & highest adoption of connected rail solutions across various industries. Commercial and government rail operators are adopting various innovative techniques to provide customers with advanced and innovative offerings. Furthermore, increase in adoption of artificial intelligence (AI), machine learning (ML), and cloud computing in the railway sector and rise in use of rail data in development of trains and passenger services are major factors expected to offer lucrative opportunities for the market growth.

Region wise, North America is the highest revenue contributor, followed by Europe, Asia-Pacific, and LAMEA. Europe is expected to maintain its lead during the forecast period, owing to increase in funding for conducting connected rail projects in the region and presence of big market players, such as Alstom, Robert Bosch GmbH, and Siemens that have a global presence.

The connected rail market is segmented on the basis of service, rolling stock, safety & signaling system, and region. By service, the market is divided into passenger information system, train tracking & monitoring, automated fare collection system, passenger mobility, and predictive maintenance. By rolling stock, it is classified into freight wagons, passenger wagons, diesel locomotive, electric locomotive, and light rail & trams. By safety & signaling system, it is classified into positive train control, communication-based train control, and automated train control. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The prominent players profiled in connected rail market includes Alstom, Cisco Systems Inc., Hitachi Ltd., Huawei Technologies Co., Ltd., IBM (International Business Machines) Corporation, Nokia, ROBERT BOSCH GmbH, Siemens AG, Wabtec Corporation, and Trimble, Inc.

KEY BENEFITS FOR STAKEHOLDERS

  • This study presents analytical depiction of the global connected rail analysis along with current the trends and future estimations to depict imminent investment pockets.
  • The overall connected rail opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global connected rail with a detailed impact analysis.
  • The current connected rail is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Service

  • Predictive Maintenance
  • Passenger Information System
  • Train Tracking and Monitoring
  • Automated Fare Collection System
  • Passenger Mobility

By Rolling Stock

  • Freight Wagons
  • Passenger Wagons
  • Diesel Locomotive
  • Electric Locomotive
  • Light Rail and Trams

By Safety and Signaling System

  • Positive Train Control
  • Communication Based Train Control
  • Automated Train Control

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Bombardier Inc.
  • Alstom SA
  • Siemens AG
  • Hitachi Limited
  • Robert Bosch GmbH
  • Huawei
  • Cisco Systems Inc.
  • Wabtec Corporation
  • Nokia Corporation
  • IBM Corporation

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: CONNECTED RAIL MARKET, BY SERVICE
4.1 Overview
4.1.1 Market size and forecast
4.2 Passenger Information System
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Train Tracking and Monitoring
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Automated Fare Collection System
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Passenger Mobility
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Predictive Maintenance
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country
CHAPTER 5: CONNECTED RAIL MARKET, BY ROLLING STOCK
5.1 Overview
5.1.1 Market size and forecast
5.2 Freight Wagons
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Passenger Wagons
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Diesel Locomotive
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Electric Locomotive
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Light Rail and Trams
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country
CHAPTER 6: CONNECTED RAIL MARKET, BY SAFETY AND SIGNALING SYSTEM
6.1 Overview
6.1.1 Market size and forecast
6.2 Positive Train Control
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Communication Based Train Control
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Automated Train Control
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: CONNECTED RAIL MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Service
7.2.3 North America Market size and forecast, by Rolling Stock
7.2.4 North America Market size and forecast, by Safety and Signaling System
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Service
7.2.5.1.2 Market size and forecast, by Rolling Stock
7.2.5.1.3 Market size and forecast, by Safety and Signaling System
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Service
7.2.5.2.2 Market size and forecast, by Rolling Stock
7.2.5.2.3 Market size and forecast, by Safety and Signaling System
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Service
7.2.5.3.2 Market size and forecast, by Rolling Stock
7.2.5.3.3 Market size and forecast, by Safety and Signaling System
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Service
7.3.3 Europe Market size and forecast, by Rolling Stock
7.3.4 Europe Market size and forecast, by Safety and Signaling System
7.3.5 Europe Market size and forecast, by country
7.3.5.1 U.K.
7.3.5.1.1 Market size and forecast, by Service
7.3.5.1.2 Market size and forecast, by Rolling Stock
7.3.5.1.3 Market size and forecast, by Safety and Signaling System
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Service
7.3.5.2.2 Market size and forecast, by Rolling Stock
7.3.5.2.3 Market size and forecast, by Safety and Signaling System
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Service
7.3.5.3.2 Market size and forecast, by Rolling Stock
7.3.5.3.3 Market size and forecast, by Safety and Signaling System
7.3.5.4 Russia
7.3.5.4.1 Market size and forecast, by Service
7.3.5.4.2 Market size and forecast, by Rolling Stock
7.3.5.4.3 Market size and forecast, by Safety and Signaling System
7.3.5.5 Rest of Europe
7.3.5.5.1 Market size and forecast, by Service
7.3.5.5.2 Market size and forecast, by Rolling Stock
7.3.5.5.3 Market size and forecast, by Safety and Signaling System
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Service
7.4.3 Asia-Pacific Market size and forecast, by Rolling Stock
7.4.4 Asia-Pacific Market size and forecast, by Safety and Signaling System
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Service
7.4.5.1.2 Market size and forecast, by Rolling Stock
7.4.5.1.3 Market size and forecast, by Safety and Signaling System
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Service
7.4.5.2.2 Market size and forecast, by Rolling Stock
7.4.5.2.3 Market size and forecast, by Safety and Signaling System
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Service
7.4.5.3.2 Market size and forecast, by Rolling Stock
7.4.5.3.3 Market size and forecast, by Safety and Signaling System
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Service
7.4.5.4.2 Market size and forecast, by Rolling Stock
7.4.5.4.3 Market size and forecast, by Safety and Signaling System
7.4.5.5 Rest Of Asia Pacific
7.4.5.5.1 Market size and forecast, by Service
7.4.5.5.2 Market size and forecast, by Rolling Stock
7.4.5.5.3 Market size and forecast, by Safety and Signaling System
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Service
7.5.3 LAMEA Market size and forecast, by Rolling Stock
7.5.4 LAMEA Market size and forecast, by Safety and Signaling System
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Service
7.5.5.1.2 Market size and forecast, by Rolling Stock
7.5.5.1.3 Market size and forecast, by Safety and Signaling System
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Service
7.5.5.2.2 Market size and forecast, by Rolling Stock
7.5.5.2.3 Market size and forecast, by Safety and Signaling System
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Service
7.5.5.3.2 Market size and forecast, by Rolling Stock
7.5.5.3.3 Market size and forecast, by Safety and Signaling System
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Bombardier Inc.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Alstom SA
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Siemens AG
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Hitachi Limited
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Robert Bosch GmbH
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Huawei
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Cisco Systems Inc.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Wabtec Corporation
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Nokia Corporation
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 IBM Corporation
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Connected Rail Market, by Service, 2021-2031,($Million)
Table 2. Connected Rail Market Revenue, for Passenger Information System, by Region , 2021-2031,($Million)
Table 3. Connected Rail Market for Passenger Information System by Country, 2021-2031,($Million)
Table 4. Connected Rail Market Revenue, for Train Tracking and Monitoring, by Region , 2021-2031,($Million)
Table 5. Connected Rail Market for Train Tracking and Monitoring by Country, 2021-2031,($Million)
Table 6. Connected Rail Market Revenue, for Automated Fare Collection System, by Region , 2021-2031,($Million)
Table 7. Connected Rail Market for Automated Fare Collection System by Country, 2021-2031,($Million)
Table 8. Connected Rail Market Revenue, for Passenger Mobility, by Region , 2021-2031,($Million)
Table 9. Connected Rail Market for Passenger Mobility by Country, 2021-2031,($Million)
Table 10. Connected Rail Market Revenue, for Predictive Maintenance, by Region , 2021-2031,($Million)
Table 11. Connected Rail Market for Predictive Maintenance by Country, 2021-2031,($Million)
Table 12. Global Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 13. Connected Rail Market Revenue, for Freight Wagons, by Region , 2021-2031,($Million)
Table 14. Connected Rail Market for Freight Wagons by Country, 2021-2031,($Million)
Table 15. Connected Rail Market Revenue, for Passenger Wagons, by Region , 2021-2031,($Million)
Table 16. Connected Rail Market for Passenger Wagons by Country, 2021-2031,($Million)
Table 17. Connected Rail Market Revenue, for Diesel Locomotive, by Region , 2021-2031,($Million)
Table 18. Connected Rail Market for Diesel Locomotive by Country, 2021-2031,($Million)
Table 19. Connected Rail Market Revenue, for Electric Locomotive, by Region , 2021-2031,($Million)
Table 20. Connected Rail Market for Electric Locomotive by Country, 2021-2031,($Million)
Table 21. Connected Rail Market Revenue, for Light Rail and Trams, by Region , 2021-2031,($Million)
Table 22. Connected Rail Market for Light Rail and Trams by Country, 2021-2031,($Million)
Table 23. Global Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 24. Connected Rail Market Revenue, for Positive Train Control, by Region , 2021-2031,($Million)
Table 25. Connected Rail Market for Positive Train Control by Country, 2021-2031,($Million)
Table 26. Connected Rail Market Revenue, for Communication Based Train Control, by Region , 2021-2031,($Million)
Table 27. Connected Rail Market for Communication Based Train Control by Country, 2021-2031,($Million)
Table 28. Connected Rail Market Revenue, for Automated Train Control, by Region , 2021-2031,($Million)
Table 29. Connected Rail Market for Automated Train Control by Country, 2021-2031,($Million)
Table 30. Connected Rail Market, by Region, 2021-2031,($Million)
Table 31. North America Connected Rail Market, by Service, 2021-2031,($Million)
Table 32. North America Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 33. North America Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 34. North America Connected Rail Market, by Country, 2021-2031,($Million)
Table 35. U.S. Connected Rail Market, by Service, 2021-2031,($Million)
Table 36. U.S. Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 37. U.S. Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 38. Canada Connected Rail Market, by Service, 2021-2031,($Million)
Table 39. Canada Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 40. Canada Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 41. Mexico Connected Rail Market, by Service, 2021-2031,($Million)
Table 42. Mexico Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 43. Mexico Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 44. Europe Connected Rail Market, by Service, 2021-2031,($Million)
Table 45. Europe Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 46. Europe Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 47. Europe Connected Rail Market, by Country, 2021-2031,($Million)
Table 48. U.K. Connected Rail Market, by Service, 2021-2031,($Million)
Table 49. U.K. Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 50. U.K. Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 51. Germany Connected Rail Market, by Service, 2021-2031,($Million)
Table 52. Germany Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 53. Germany Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 54. France Connected Rail Market, by Service, 2021-2031,($Million)
Table 55. France Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 56. France Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 57. Russia Connected Rail Market, by Service, 2021-2031,($Million)
Table 58. Russia Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 59. Russia Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 60. Rest of Europe Connected Rail Market, by Service, 2021-2031,($Million)
Table 61. Rest of Europe Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 62. Rest of Europe Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 63. Asia-Pacific Connected Rail Market, by Service, 2021-2031,($Million)
Table 64. Asia-Pacific Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 65. Asia-Pacific Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 66. Asia-Pacific Connected Rail Market, by Country, 2021-2031,($Million)
Table 67. China Connected Rail Market, by Service, 2021-2031,($Million)
Table 68. China Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 69. China Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 70. Japan Connected Rail Market, by Service, 2021-2031,($Million)
Table 71. Japan Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 72. Japan Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 73. India Connected Rail Market, by Service, 2021-2031,($Million)
Table 74. India Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 75. India Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 76. South Korea Connected Rail Market, by Service, 2021-2031,($Million)
Table 77. South Korea Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 78. South Korea Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 79. Rest of Asia-Pacific Connected Rail Market, by Service, 2021-2031,($Million)
Table 80. Rest of Asia-Pacific Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 81. Rest of Asia-Pacific Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 82. LAMEA Connected Rail Market, by Service, 2021-2031,($Million)
Table 83. LAMEA Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 84. LAMEA Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 85. LAMEA Connected Rail Market, by Country, 2021-2031,($Million)
Table 86. Latin America Connected Rail Market, by Service, 2021-2031,($Million)
Table 87. Latin America Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 88. Latin America Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 89. Middle East Connected Rail Market, by Service, 2021-2031,($Million)
Table 90. Middle East Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 91. Middle East Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 92. Africa Connected Rail Market, by Service, 2021-2031,($Million)
Table 93. Africa Connected Rail Market, by Rolling Stock, 2021-2031,($Million)
Table 94. Africa Connected Rail Market, by Safety and Signaling System, 2021-2031,($Million)
Table 95. Bombardier Inc.: Company Snapshot
Table 96. Bombardier Inc.: Operating Segments
Table 97. Bombardier Inc.: Product Portfolio
Table 98. Bombardier Inc.: Net Sales
Table 99. Bombardier Inc.: Key Stratergies
Table 100. Alstom Sa: Company Snapshot
Table 101. Alstom Sa: Operating Segments
Table 102. Alstom Sa: Product Portfolio
Table 103. Alstom Sa: Net Sales
Table 104. Alstom Sa: Key Stratergies
Table 105. Siemens Ag: Company Snapshot
Table 106. Siemens Ag: Operating Segments
Table 107. Siemens Ag: Product Portfolio
Table 108. Siemens Ag: Net Sales
Table 109. Siemens Ag: Key Stratergies
Table 110. Hitachi Limited: Company Snapshot
Table 111. Hitachi Limited: Operating Segments
Table 112. Hitachi Limited: Product Portfolio
Table 113. Hitachi Limited: Net Sales
Table 114. Hitachi Limited: Key Stratergies
Table 115. Robert Bosch GmbH: Company Snapshot
Table 116. Robert Bosch GmbH: Operating Segments
Table 117. Robert Bosch GmbH: Product Portfolio
Table 118. Robert Bosch GmbH: Net Sales
Table 119. Robert Bosch GmbH: Key Stratergies
Table 120. Huawei: Company Snapshot
Table 121. Huawei: Operating Segments
Table 122. Huawei: Product Portfolio
Table 123. Huawei: Net Sales
Table 124. Huawei: Key Stratergies
Table 125. Cisco Systems Inc.: Company Snapshot
Table 126. Cisco Systems Inc.: Operating Segments
Table 127. Cisco Systems Inc.: Product Portfolio
Table 128. Cisco Systems Inc.: Net Sales
Table 129. Cisco Systems Inc.: Key Stratergies
Table 130. Wabtec Corporation: Company Snapshot
Table 131. Wabtec Corporation: Operating Segments
Table 132. Wabtec Corporation: Product Portfolio
Table 133. Wabtec Corporation: Net Sales
Table 134. Wabtec Corporation: Key Stratergies
Table 135. Nokia Corporation: Company Snapshot
Table 136. Nokia Corporation: Operating Segments
Table 137. Nokia Corporation: Product Portfolio
Table 138. Nokia Corporation: Net Sales
Table 139. Nokia Corporation: Key Stratergies
Table 140. Ibm Corporation: Company Snapshot
Table 141. Ibm Corporation: Operating Segments
Table 142. Ibm Corporation: Product Portfolio
Table 143. Ibm Corporation: Net Sales
Table 144. Ibm Corporation: Key Stratergies
List of Figures
Figure 1. Connected Rail Market Segmentation
Figure 2. Connected Rail Market,2021-2031
Figure 3. Connected Rail Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Connected Rail Market:Drivers, Restraints and Opportunities
Figure 12. Connected Rail Market,By Service,2021(%)
Figure 13. Comparative Share Analysis of Passenger Information System Connected Rail Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Train Tracking and Monitoring Connected Rail Market,2021-2031(%)
Figure 15. Comparative Share Analysis of Automated Fare Collection System Connected Rail Market,2021-2031(%)
Figure 16. Comparative Share Analysis of Passenger Mobility Connected Rail Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Predictive Maintenance Connected Rail Market,2021-2031(%)
Figure 18. Connected Rail Market,By Rolling Stock,2021(%)
Figure 19. Comparative Share Analysis of Freight Wagons Connected Rail Market,2021-2031(%)
Figure 20. Comparative Share Analysis of Passenger Wagons Connected Rail Market,2021-2031(%)
Figure 21. Comparative Share Analysis of Diesel Locomotive Connected Rail Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Electric Locomotive Connected Rail Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Light Rail and Trams Connected Rail Market,2021-2031(%)
Figure 24. Connected Rail Market,By Safety and Signaling System,2021(%)
Figure 25. Comparative Share Analysis of Positive Train Control Connected Rail Market,2021-2031(%)
Figure 26. Comparative Share Analysis of Communication Based Train Control Connected Rail Market,2021-2031(%)
Figure 27. Comparative Share Analysis of Automated Train Control Connected Rail Market,2021-2031(%)
Figure 28. Connected Rail Market by Region,2021
Figure 29. U.S. Connected Rail Market,2021-2031($Million)
Figure 30. Canada Connected Rail Market,2021-2031($Million)
Figure 31. Mexico Connected Rail Market,2021-2031($Million)
Figure 32. U.K. Connected Rail Market,2021-2031($Million)
Figure 33. Germany Connected Rail Market,2021-2031($Million)
Figure 34. France Connected Rail Market,2021-2031($Million)
Figure 35. Russia Connected Rail Market,2021-2031($Million)
Figure 36. Rest of Europe Connected Rail Market,2021-2031($Million)
Figure 37. China Connected Rail Market,2021-2031($Million)
Figure 38. Japan Connected Rail Market,2021-2031($Million)
Figure 39. India Connected Rail Market,2021-2031($Million)
Figure 40. South Korea Connected Rail Market,2021-2031($Million)
Figure 41. Rest of Asia-Pacific Connected Rail Market,2021-2031($Million)
Figure 42. Latin America Connected Rail Market,2021-2031($Million)
Figure 43. Middle East Connected Rail Market,2021-2031($Million)
Figure 44. Africa Connected Rail Market,2021-2031($Million)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap of Top 10 Key Players
Figure 51. Bombardier Inc..: Net Sales ,($Million)
Figure 52. Alstom SA.: Net Sales ,($Million)
Figure 53. Siemens AG.: Net Sales ,($Million)
Figure 54. Hitachi Limited.: Net Sales ,($Million)
Figure 55. Robert Bosch GmbH.: Net Sales ,($Million)
Figure 56. Huawei.: Net Sales ,($Million)
Figure 57. Cisco Systems Inc..: Net Sales ,($Million)
Figure 58. Wabtec Corporation.: Net Sales ,($Million)
Figure 59. Nokia Corporation.: Net Sales ,($Million)
Figure 60. IBM Corporation.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Connected Rail Market," the connected rail market was valued at $86.8 billion in 2021, and is estimated to reach $143.8 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031.

Presently, the global connected rail market is dominated by North America followed by Europe, Asia-Pacific, and LAMEA. In Asia-Pacific, the market is mainly driven by China owing to the optimistic market scenario for the railway sector in the region. In North America, the US is foreseen to witness considerable growth in the connected rail market during the forecast period.

The connected rail market is segmented on the basis of service, rolling stock, safety & signaling system, and region. By service, the market is divided into passenger information system, train tracking & monitoring, automated fare collection system, passenger mobility, and predictive maintenance. By rolling stock, it is classified into freight wagons, passenger wagons, diesel locomotive, electric locomotive, and light rail & trams. By safety & signaling system, it is classified into positive train control, communication-based train control, and automated train control. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Furthermore, the significant factors impacting the demand for connected rail are integration of the Internet of Things (IoT) in the railway industry, rise in demand for safety and compliance in rail transit, and increase in demand for passenger and freight capacity are expected to drive the market growth. However, lack of technological infrastructure & consistency in developing countries and infrastructure changes of the existing system are expected to hamper the market growth. Furthermore, technological advancements in autonomous rail & green transport and increase in reliance on computing systems are anticipated to offer remunerative opportunities for expansion of the market in the future.

COVID-19 Impact Analysis

COVID-19 has presented the world with an unprecedented economic, humanitarian, and healthcare challenge. Lockdown measures have helped to contain the spread of coronavirus, but exacted an immense economic toll. On the business side, the railway sector is one of the considerably hit sectors. The standstill situation of the rail industry was reflected in the connected rail market. Short of raw materials and components, owing to limited logistics capabilities and limited labor force to carry on day-to-day operations were among preliminary business impacts. Furthermore, this pandemic has led to a slowdown in the economic growth of China, which negatively impacted the global economic growth as well. As a result of the COVID-19 pandemic, most connected rail solution manufacturing units were completely closed or were unable to reach full production potential, owing to lack of raw materials and staff. However, with initiation of coronavirus vaccination across the world and consequent resuming of all domestic and international ports, the global connected rail market is expected to revive soon.

Key Findings of the Study

  • By service, the passenger vehicle segment dominated the global connected rail market in 2021, in terms of revenue.
  • By rolling stock, the electric locomotive segment is expected to register significant growth, registering a CAGR of 7.0% during the forecast period.
  • By safety & signaling system, the communication-based train control segment is expected to register significant growth, registering a CAGR of 6.1% during the forecast period.
  • By region, Europe dominated the global connected rail market in 2021 in terms of market share.
  • The prominent players profiled in connected rail market includes Alstom, Cisco Systems Inc., Hitachi Ltd., Huawei Technologies Co., Ltd., IBM (International Business Machines) Corporation, Nokia, ROBERT BOSCH GmbH, Siemens AG, Wabtec Corporation, and Trimble, Inc.

Companies Mentioned

  • Bombardier Inc.
  • Alstom Sa
  • Siemens AG
  • Hitachi Limited
  • Robert Bosch GmbH
  • Huawei
  • Cisco Systems Inc.
  • Wabtec Corporation
  • Nokia Corporation
  • Ibm Corporation

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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