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The energy management in railways market is forecasted to grow by USD 1.96 billion during 2023-2028, accelerating at a CAGR of 10.55% during the forecast period. The report on the energy management in railways 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 demand for energy efficiency and sustainability, growing focus on renewable energy sources, and cost deduction advantages in railway sector.
The energy management in railways market is segmented as below:
By Type
- Rolling stock and system
- Service
- Software
By End-user
- Freight rail
- Passenger rail
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the energy management in railways market covers the following areas:
- Energy management in railways market sizing
- Energy management in railways market forecast
- Energy management in railways market industry analysis
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 an analysis of the key vendors.
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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global energy management in railways market: ABB Ltd., ALSTOM SA, Caterpillar Inc., CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES S.A., CRRC Corp. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., Ingeteam Corp. S.A., International Business Machines Corp., Knorr Bremse AG, Mitsubishi Heavy Industries Ltd., REMC Ltd., Schneider Electric SE, Siemens AG, Thales Group, The MathWorks Inc., Toshiba Corp., WAGO GmbH and Co. KG, 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 advancements in technology in railway sector."
According to the report, one of the major drivers for this market is the increasing demand for energy efficiency and sustainability.
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
- Caterpillar Inc.
- CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES S.A.
- CRRC Corp. Ltd.
- General Electric Co.
- Hitachi Ltd.
- Honeywell International Inc.
- Ingeteam Corp. S.A.
- International Business Machines Corp.
- Knorr Bremse AG
- Mitsubishi Heavy Industries Ltd.
- REMC Ltd.
- Schneider Electric SE
- Siemens AG
- Thales Group
- The MathWorks Inc.
- Toshiba Corp.
- WAGO GmbH and Co. KG
- WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.