Rail Asset Management Market By Offering, By Deployment, By Application Area: Global Opportunity Analysis and Industry Forecast, 2021-2031

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: RAIL ASSET MANAGEMENT MARKET, BY OFFERING
4.1 Overview
4.1.1 Market size and forecast
4.2 Solution
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
4.2.4 Solution Rail Asset Management Market by Solution
4.2.4.1 Asset Performance Management Market size and forecast, by region
4.2.4.2 Analytics Market size and forecast, by region
4.2.4.3 Asset Planning and Scheduling Market size and forecast, by region
4.2.4.4 Security Market size and forecast, by region
4.2.4.5 Workforce Management Market size and forecast, by region
4.2.4.6 Others Market size and forecast, by region
4.3 Services
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

CHAPTER 5: RAIL ASSET MANAGEMENT MARKET, BY DEPLOYMENT
5.1 Overview
5.1.1 Market size and forecast
5.2 Cloud
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 On premise
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

CHAPTER 6: RAIL ASSET MANAGEMENT MARKET, BY APPLICATION AREA
6.1 Overview
6.1.1 Market size and forecast
6.2 Rolling Stock
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 Rail Infrastructure
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 Others
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: RAIL ASSET MANAGEMENT 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 Offering
7.2.2.1 North America Solution Rail Asset Management Market by Solution
7.2.3 North America Market size and forecast, by Deployment
7.2.4 North America Market size and forecast, by Application Area
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 Offering
7.2.5.1.2 Market size and forecast, by Deployment
7.2.5.1.3 Market size and forecast, by Application Area
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Offering
7.2.5.2.2 Market size and forecast, by Deployment
7.2.5.2.3 Market size and forecast, by Application Area
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Offering
7.3.2.1 Europe Solution Rail Asset Management Market by Solution
7.3.3 Europe Market size and forecast, by Deployment
7.3.4 Europe Market size and forecast, by Application Area
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Market size and forecast, by Offering
7.3.5.1.2 Market size and forecast, by Deployment
7.3.5.1.3 Market size and forecast, by Application Area
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Offering
7.3.5.2.2 Market size and forecast, by Deployment
7.3.5.2.3 Market size and forecast, by Application Area
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Offering
7.3.5.3.2 Market size and forecast, by Deployment
7.3.5.3.3 Market size and forecast, by Application Area
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Offering
7.3.5.4.2 Market size and forecast, by Deployment
7.3.5.4.3 Market size and forecast, by Application Area
7.3.5.5 Netherlands
7.3.5.5.1 Market size and forecast, by Offering
7.3.5.5.2 Market size and forecast, by Deployment
7.3.5.5.3 Market size and forecast, by Application Area
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Offering
7.3.5.6.2 Market size and forecast, by Deployment
7.3.5.6.3 Market size and forecast, by Application Area
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Offering
7.4.2.1 Asia-Pacific Solution Rail Asset Management Market by Solution
7.4.3 Asia-Pacific Market size and forecast, by Deployment
7.4.4 Asia-Pacific Market size and forecast, by Application Area
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 Offering
7.4.5.1.2 Market size and forecast, by Deployment
7.4.5.1.3 Market size and forecast, by Application Area
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Offering
7.4.5.2.2 Market size and forecast, by Deployment
7.4.5.2.3 Market size and forecast, by Application Area
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Offering
7.4.5.3.2 Market size and forecast, by Deployment
7.4.5.3.3 Market size and forecast, by Application Area
7.4.5.4 Australia
7.4.5.4.1 Market size and forecast, by Offering
7.4.5.4.2 Market size and forecast, by Deployment
7.4.5.4.3 Market size and forecast, by Application Area
7.4.5.5 South Korea
7.4.5.5.1 Market size and forecast, by Offering
7.4.5.5.2 Market size and forecast, by Deployment
7.4.5.5.3 Market size and forecast, by Application Area
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Offering
7.4.5.6.2 Market size and forecast, by Deployment
7.4.5.6.3 Market size and forecast, by Application Area
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Offering
7.5.2.1 LAMEA Solution Rail Asset Management Market by Solution
7.5.3 LAMEA Market size and forecast, by Deployment
7.5.4 LAMEA Market size and forecast, by Application Area
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 Offering
7.5.5.1.2 Market size and forecast, by Deployment
7.5.5.1.3 Market size and forecast, by Application Area
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Offering
7.5.5.2.2 Market size and forecast, by Deployment
7.5.5.2.3 Market size and forecast, by Application Area
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Offering
7.5.5.3.2 Market size and forecast, by Deployment
7.5.5.3.3 Market size and forecast, by Application Area

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Accenture plc
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 Capgemini SE
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 Cisco Systems, Inc.
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 Hitachi, Ltd.
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 Technologies Co., Ltd.
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 International Business Machines Corporation (IBM)
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 L&T Technology Services Limited (LTTS)
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 SAP SE
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 Siemens AG
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

Executive Summary

According to this report, titled, 'Rail Asset Management Market,' the rail asset management market was valued at $10 billion in 2021, and is estimated to reach $17.5 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031.

Rail asset management is essential to offer complete fleet visibility, guarantee customer satisfaction, and investment choices for freight management operations. With thousands of assets dispersed over huge regions, the railway is a huge and complicated infrastructural system. In order to provide cost-effectively and promote sustainable growth, it is essential to gather and manage data regarding rail assets. The management of rail assets may increase security, promote economic expansion, and reduce environmental damage.

According to rail asset management market research, the rail infrastructure segment was the highest revenue contributor to the market, with $4,637.6 million in 2021, and is estimated to reach $7,822.6 million by 2031, with a CAGR of 5.4%. The rolling stock segment is estimated to reach $6,504.0 million by 2031, at a significant CAGR of 6.7% during the forecast period.

The COVID-19 outbreak has considerably impacted the growth of the rail asset management market due to the complete shutdown of passenger transportation and the postponement or cancellation of projects due to the global partial or total lockdown. However, due to the growing population, accelerating urbanization, and digitization, the global railway sector has been able to rapidly get engaged in post-pandemic situations. The spread of technologically based railway management systems has benefited various nations including Germany, the UK, the United States, China, Singapore, and others. Furthermore, the market for rail asset management has seen tremendous development prospects due to various government initiatives aimed at modernizing secure railway freight management systems.

Region wise, Europe held a significant global rail asset management market share, owing to the presence of private and government railway operating organizations that aided for advanced rail asset management industry in this region. The adoption of smart asset management solutions such as data analytical systems, workforce management solutions, and lifecycle management software in the rail asset management industry is expected to propel growth in this region. Moreover, rapid urbanization and proactive financial initiatives by government and public sector organizations to upgrade the railway sector are the primary factors that drive the growth of the rail asset management market in Asia-Pacific and Europe.

KEY FINDINGS OF THE STUDY

By offering, in 2021, the solutions segment dominated the rail asset management market size with $6,838.3 million. However, the services segment is expected to witness a significant CAGR of 4.7% growth during the forecast period.

By solutions, in 2021, the asset performance management segment dominated the Rail Asset Management Market size. However, the asset planning & scheduling segment is expected to exhibit significant growth during the forecast period.

By deployment model, the cloud segment was the highest revenue contributor to the market, with $6,079.3 million in 2021. However, the on-premises segment is estimated to reach $11,302.5 million by 2031, with a CAGR of 6.4%.

By application area, the rail infrastructure segment accounted for the highest revenue in 2021. However, the rolling stock segment is expected to witness the highest growth rate in the forecasted period.

Region wise, the rail asset management market growth was dominated by the Europe region. However, Asia-Pacific is expected to witness a significant growth rate during the forecasted period.

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the rail asset management market analysis from 2021 to 2031.

The current rail asset management market forecast is quantitatively analyzed to benchmark the financial competency.

Key players profiled in the report include Accenture plc, Alstom SA, Capgemini SE, Cisco Systems, Inc., Hitachi, Ltd., Huawei Technologies Co., Ltd., International Business Machines Corporation (IBM), L&T Technology Services Limited (LTTS), SAP SE and Siemens AG. Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition to expand their foothold in the rail asset management market.

Companies Mentioned

• Accenture PLC
• Alstom SA
• Capgemini SE
• Cisco Systems, Inc.
• Hitachi, Ltd.
• Huawei Technologies Co. Ltd.
• International Business Machines Corporation (IBM)
• L&T Technology Services Limited (Ltts)
• SAP SE
• Siemens AG

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.