1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
Figure 1 Railway System Market Segmentation
1.3.2 Years Considered
1.4 Currency Considered
Table 1 Currency Exchange Rates (Wrt Usd)
1.5 Stakeholders
1.6 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Railway System Market: Research Design
Figure 3 Research Methodology Model
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.2.2 Key Data from Secondary Sources
2.3 Primary Data
Figure 4 Breakdown of Primary Interviews
2.3.1 Primary Participants
2.4 Market Estimation Methodology
Figure 5 Research Methodology: Hypothesis Building
2.5 Market Breakdown and Data Triangulation
Figure 6 Data Triangulation
2.6 Market Size Estimation
2.6.1 Top-Down Approach
Figure 7 Railway System Market: Top-Down Approach
2.7 Factor Analysis
Figure 8 Factor Analysis for Market Sizing: Demand and Supply Sides
2.8 Assumptions
2.9 Limitations
3 Executive Summary
Figure 9 Railway System Market Overview
Figure 10 Market, by Region, 2022-2027
Figure 11 Market, by Transit, 2022 Vs. 2027 (USD Million)
Figure 12 Key Players Operating Inmarket, by Region
4 Premium Insights
4.1 Attractive Opportunities for Players in Railway System Market
Figure 13 Increasing Preference for Rail-Based Public Transport to Drive Market
4.2 Market Share, by Region
Figure 14 Europe is Estimated to Account for Largest Share of Market in 2022
4.3 Market, by Transit
Figure 15 Rapid Transit Segment to Grow at Higher CAGR During Forecast Period
4.4 Market, by Application
Figure 16 Passenger Transportation Segment to Lead Market During Forecast Period
4.5 Market, by System
Figure 17 Train Information Systems to Dominate from 2022 to 2027
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 18 Railway System Market: Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Preference for Public Rail Transport to Reduce Traffic Congestion
Figure 19 Driving Time Spent in Traffic Congestion, 2020
Figure 20 Driving Time Spent in Traffic Congestion in Us, by City, 2021
5.2.1.2 Growing Demand for Energy-Efficient Transport
Figure 21 Global Co2 Emissions from Different Transport Segments, 2000-2030
5.2.1.3 Increasing Penetration of Emus
Figure 22 Energy Demand in Global Railway Industry, 2017-2050
Figure 23 Energy Demand in Global Railway Industry, 2017-2050
5.2.1.4 Refurbishment of Existing Rolling Stock
5.2.2 Restraints
5.2.2.1 Capital-Intensive and High Development Complexities
5.2.3 Opportunities
5.2.3.1 Increasing Railway Projects Across the Globe
Table 2 Some Latest Railway Projects and Their Cost
5.2.3.2 Government Support for Alternative Fuel-Powered Railway Operations
5.2.3.3 Inclination of Emerging Countries Toward High-Speed Rail for Rapid Transit
Figure 24 World's Longest High-Speed Rail Networks
5.2.3.4 Increase in Use of Railways for Industrial and Mining Activities
Table 3 Different Modes of Freight Transportation
5.2.4 Challenges
5.2.4.1 High Overhaul and Maintenance Costs
5.2.5 Impact of Market Dynamics
Table 4 Railway System Market: Impact of Market Dynamics
5.3 Porter's Five Forces
Table 5 Impact of Porter's Five Forces on Market
Figure 25 Porter's Five Forces: Market
5.3.1 Intensity of Competitive Rivalry
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Threat of New Entrants
5.4 Trends Impacting Customer Business
Figure 26 Trends Impacting Customer Business in Railway System Market
5.5 Patent Analysis
5.5.1 Introduction
Figure 27 Patent Trend, 2011-2021
5.5.2 Legal Status of Patents
Figure 28 Legal Status of Patents Filed for Railway Systems
5.5.3 Top Patent Applicants
Figure 29 Railway System Patents
Table 6 Patent Analysis: Railway System Market (Active Patents)
5.6 Case Study Analysis
Table 7 Excavation of Big Analog Data Value: Compactrio & Ni Insightcm
5.6.1 Golinc-M Modules
5.7 Trade Analysis
Figure 30 Import of Railway Systems, Key Countries (2017-2021), USD Million
Figure 31 Export of Railway Systems, Key Countries, (2017-2021), USD Million
5.8 Key Conferences & Events, 2022-2023
Table 8 Railway System Market: List of Conferences & Events
5.9 Tariff and Regulatory Landscape
5.9.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Rest of the World: Regulatory Bodies, Government Agencies, and Other Organizations
5.10 Macroindicator Analysis
5.10.1 Growth of Railway System Market
5.10.2 Gdp (USD Billion)
5.10.3 Gni Per Capita, Atlas Method (USD)
5.10.4 Gdp Per Capita Ppp (USD)
5.10.5 Macroindicators Influencing Market, Top Three Countries
5.10.5.1 Germany
5.10.5.2 US
5.10.5.3 China
5.11 Ecosystem Analysis
Figure 32 Market: Ecosystem Analysis
Table 13 Role of Companies in Railway System Ecosystem
5.12 Technology Analysis
5.12.1 Introduction
5.12.2 Regenerative Braking in Trains
5.12.3 Autonomous Trains
5.13 Railway System Market, Scenarios (2022-2027)
Figure 33 Future Trends & Scenarios: Market, 2022-2027 (USD Million)
5.13.1 Most Likely Scenario
Table 14 Most Likely Scenario: Market, by Region, 2022-2027 (USD Million)
5.13.2 Optimistic Scenario
Table 15 Optimistic Scenario: Market, by Region, 2022-2027 (USD Million)
5.13.3 Pessimistic Scenario
Table 16 Pessimistic Scenario: Ev Test Equipment Market, by Region, 2022-2027 (USD Million)
6 Railway System Market, by Transit
6.1 Introduction
Figure 34 Railway System Market, by Transit, 2022 Vs. 2027 (USD Million)
Table 17 Market, by Transit, 2018-2021 (USD Million)
Table 18 Market, by Transit, 2022-2027 (USD Million)
6.2 Operational Data
Table 19 Railway System Offerings, by Company
6.2.1 Assumptions
Table 20 Assumptions: by Transit
6.2.2 Research Methodology
6.3 Conventional
6.3.1 Growing Trend of Electrification
6.3.2 Diesel Locomotives
6.3.3 Electric Locomotives
6.3.4 Electro-Diesel Locomotives
6.3.5 Coaches
Table 21 Conventional Transit: Railway System Market, by Region, 2018-2021 (USD Million)
Table 22 Conventional Transit: Market, by Region, 2022-2027 (USD Million)
6.4 Rapid
6.4.1 Increasing Investments by Emerging Countries in Metro Projects
6.4.2 Diesel Multiple Unit (Dmu)
6.4.3 Electric Multiple Unit (Emu)
6.4.4 Light Rail/Tram
6.4.5 Metro/Subways
Table 23 Rapid Transit: Market, by Region, 2018-2021 (USD Million)
Table 24 Rapid Transit: Market, by Region, 2022-2027 (USD Million)
7 Railway System Market, by System
7.1 Introduction
Figure 35 Market, by System, 2022 Vs. 2027 (USD Million)
Table 25 Market, by System, 2018-2021 (USD Million)
Table 26 Market, by System, 2022-2027 (USD Million)
7.2 Operational Data
Table 27 Market, by System
7.2.1 Assumptions
Table 28 Assumptions: by System
7.2.2 Research Methodology
7.3 Propulsion System
7.3.1 Growing Demand for Hybrid and Battery-Operated Trains
Table 29 Propulsion System: Railway System Market, by Region, 2018-2021 (USD Million)
Table 30 Propulsion System: Market, by Region, 2022-2027 (USD Million)
7.4 Auxiliary Power System
7.4.1 Need for Modern, Lightweight Auxiliary Power Systems
Table 31 Auxiliary Power System: Market, by Region, 2018-2021 (USD Million)
Table 32 Auxiliary Power System: Market, by Region, 2022-2027 (USD Million)
7.5 Train Information System
7.5.1 Integration of It and Edge Computing
Table 33 Train Information System: Market, by Region, 2018-2021 (USD Million)
Table 34 Train Information System: Market, by Region, 2022-2027 (USD Million)
7.6 Train Safety System
7.6.1 for Safe and Comfortable Passenger Transport
Table 35 Train Safety System: Railway System Market, by Region, 2018-2021 (USD Million)
Table 36 Train Safety System: Market, by Region, 2022-2027 (USD Million)
7.7 HVAC System
7.7.1 Required to Reduce Degree of Infections Post-COVID-19
Table 37 HVAC System: Railway System Market, by Region, 2018-2021 (USD Million)
Table 38 HVAC System: Market, by Region, 2022-2027 (USD Million)
7.8 On-Board Vehicle Control
7.8.1 Technology Collaborations Lead to Advancements
Table 39 On-Board Vehicle Control System: Market, by Region, 2018-2021 (USD Million)
Table 40 On-Board Vehicle Control System: Market, by Region, 2022-2027 (USD Million)
8 Railway System Market, by Application
8.1 Introduction
Figure 36 Railway System Market, by Application, 2022 Vs. 2027 (USD Million)
Table 41 Market, by Application, 2018-2021 (USD Million)
Table 42 Market, by Application, 2022-2027 (USD Million)
8.1.1 Operational Data
Figure 37 Freight Transportation Services Index, December 2018 - December 2021
8.1.2 Assumptions
Table 43 Assumptions: by Application
8.1.3 Research Methodology
8.2 Freight Transportation
8.2.1 Growing Mining and Industrial Activities
Table 44 Freight Transportation: Railway System Market, by Region, 2018-2021 (USD Million)
Table 45 Freight Transportation: Market, by Region, 2022-2027 (USD Million)
8.3 Passenger Transportation
8.3.1 Rapid Urbanization Expected to Fuel Segment
Table 46 Passenger Transportation: Market, by Region, 2018-2021 (USD Million)
Table 47 Passenger Transportation: Market, by Region, 2022-2027 (USD Million)
9 Railway System Market, by Region
9.1 Introduction
Figure 38 Railway System Market, by Region, 2022-2027
Table 48 Market, by Region, 2018-2021 (USD Million)
Table 49 Market, by Region, 2022-2027 (USD Million)
9.2 Asia-Pacific
Figure 39 Asia-Pacific: Market Snapshot
Table 50 Asia-Pacific: Market, by Country, 2018-2021 (USD Million)
Table 51 Asia-Pacific: Market, by Country, 2022-2027 (USD Million)
9.2.1 China
9.2.1.1 High Investments in Railway Infrastructure
Table 52 China: Railway System Market, by Transit, 2018-2021 (USD Million)
Table 53 China: Market, by Transit, 2022-2027 (USD Million)
9.2.2 India
9.2.2.1 Upcoming Railway Projects
Table 54 India: Market, by Transit, 2018-2021 (USD Million)
Table 55 India: Market, by Transit, 2022-2027 (USD Million)
9.2.3 Japan
9.2.3.1 Technological Advancements in High-Speed Trains
Table 56 Japan: Market, by Transit, 2018-2021 (USD Million)
Table 57 Japan: Market, by Transit, 2022-2027 (USD Million)
9.2.4 South Korea
9.2.4.1 Expansion of Urban Rail Networks
Table 58 South Korea: Railway System Market, by Transit, 2018-2021 (USD Million)
Table 59 South Korea: Market, by Transit, 2022-2027 (USD Million)
9.3 Europe
Figure 40 Europe: Market, by Country, 2022 Vs. 2027
Table 60 Europe: Market, by Country, 2018-2021 (USD Million)
Table 61 Europe: Market, by Country, 2022-2027 (USD Million)
9.3.1 France
9.3.1.1 Increasing Adoption of Light Rails/Trams
Table 62 France: Railway System Market, by Transit, 2018-2021 (USD Million)
Table 63 France: Market, by Transit, 2022-2027 (USD Million)
9.3.2 Germany
9.3.2.1 High Investments in Digital Technologies
Table 64 Germany: Market, by Transit, 2018-2021 (USD Million)
Table 65 Germany: Market, by Transit, 2022-2027 (USD Million)
9.3.3 Italy
9.3.3.1 Ambitious Investment Programs for Rapid Transit
Table 66 Italy: Railway System Market, by Transit, 2018-2021 (USD Million)
Table 67 Italy: Market, by Transit, 2022-2027 (USD Million)
9.3.4 Russia
9.3.4.1 Government Initiatives to Promote Public Transport
Table 68 Russia: Market, by Transit, 2018-2021 (USD Million)
Table 69 Russia: Market, by Transit, 2022-2027 (USD Million)
9.3.5 Spain
9.3.5.1 Investments in High-Speed Trains
Table 70 Spain: Railway System Market, by Transit, 2018-2021 (USD Million)
Table 71 Spain: Market, by Transit, 2022-2027 (USD Million)
9.3.6 UK
9.3.6.1 Upcoming Projects and Government Funding
Table 72 UK: Market, by Transit, 2018-2021 (USD Million)
Table 73 UK: Market, by Transit, 2022-2027 (USD Million)
9.4 North America
9.4.1 Upcoming Rapid Transit Projects in North America
Table 74 Major Rapid Transit Projects in North America
Figure 41 North America: Railway System Market Snapshot
Table 75 North America: Market, by Country, 2018-2021 (USD Million)
Table 76 North America: Market, by Country, 2022-2027 (USD Million)
9.4.2 US
9.4.2.1 Increasing Urban Mobility and Oem Investments
Table 77 US: Railway System Market, by Transit, 2018-2021 (USD Million)
Table 78 US: Market, by Transit, 2022-2027 (USD Million)
9.4.3 Mexico
9.4.3.1 Emergence of Private Players in Conventional Transit
Table 79 Mexico: Market, by Transit, 2018-2021 (USD Million)
Table 80 Mexico: Market, by Transit, 2022-2027 (USD Million)
9.4.4 Canada
9.4.4.1 Growing Concerns Over Traffic Congestion
Table 81 Canada: Market, by Transit, 2018-2021 (USD Million)
Table 82 Canada: Market, by Transit, 2022-2027 (USD Million)
9.5 Rest of the World (Row)
Figure 42 Rest of the World: Market, by Country, 2022 Vs. 2027 (USD Million)
Table 83 Rest of the World: Railway System Market, by Country, 2018-2021 (USD Million)
Table 84 Rest of the World: Market, by Country, 2022-2027 (USD Million)
9.5.1 Brazil
9.5.1.1 High Spending on Urban Mobility Projects
Table 85 Brazil: Railway System Market, by Transit, 2018-2021 (USD Million)
Table 86 Brazil: Market, by Transit, 2022-2027 (USD Million)
9.5.2 United Arab Emirates (Uae)
9.5.2.1 Increasing Use of Technologically Advanced Metro Trains
Table 87 UAE: Market, by Transit, 2018-2021 (USD Million)
Table 88 UAE: Market, by Transit, 2022-2027 (USD Million)
10 Competitive Landscape
10.1 Overview
Table 89 Overview of Strategies Adopted by Key Players in Rolling Stock Market
10.2 Market Ranking Analysis
Figure 43 Market Ranking, 2021
10.3 Revenue Analysis of Top Players
Figure 44 Top Players in Railway System Market During Last Three Years
10.4 Competitive Scenario
10.4.1 New Product Developments
Table 90 New Product Developments, 2019-2022
10.4.2 Partnerships/Supply Contracts/Collaborations/ Joint Ventures/License Agreements
Table 91 Partnerships/Supply Contracts/Collaborations/Joint Ventures/ Agreements, 2019-2022
10.4.3 Expansions
Table 92 Expansions, 2019-2022
10.5 Competitive Leadership Mapping
10.5.1 Stars
10.5.2 Pervasive Companies
10.5.3 Emerging Leaders
10.5.4 Participants
Figure 45 Railway System Market: Competitive Leadership Mapping, 2021
10.6 Company Evaluation Quadrant
Table 93 Company Region Footprint
Table 94 Company Application Type Footprint
Table 95 Company Application & Region Footprint
10.7 Sme Evaluation Quadrant
10.7.1 Progressive Companies
10.7.2 Responsive Companies
10.7.3 Dynamic Companies
10.7.4 Starting Blocks
Figure 46 Railway System Market: Company Evaluation Matrix for Smes, 2021
10.8 Sme Evaluation Quadrant
Table 96 Sme Region Footprint
Table 97 Sme Application Footprint
Table 98 Sme Application & Region Footprint
11 Company Profiles
(Business Overview, Products Offered, Recent Developments, Analyst's View Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats) *
11.1 Key Players
11.1.1 Crrc
Table 99 Crrc: Business Overview
Figure 47 Crrc: Company Snapshot
Table 100 Crrc: Products Offered
Table 101 Crrc: New Product Launches
Table 102 Crrc: Deals
11.1.2 Alstom
Table 103 Alstom: Business Overview
Figure 48 Alstom: Company Snapshot
Table 104 Alstom: Products Offered
Table 105 Alstom: New Product Launches
Table 106 Alstom: Deals
Table 107 Alstom: Others
11.1.3 Abb
Table 108 Abb: Business Overview
Figure 49 Abb: Company Snapshot
Table 109 Abb: Products Offered
Table 110 Abb: Deals
11.1.4 Knorr-Bremse
Table 111 Knorr-Bremse: Business Overview
Table 112 Knorr-Bremse: Products Offered
Table 113 Knorr-Bremse: Others
11.1.5 Thermo King
Table 114 Thermo King: Business Overview
Figure 50 Thermo King: Company Snapshot
Table 115 Thermo King: Products Offered
Table 116 Thermo King: New Product Developments
11.1.6 Siemens
Table 117 Siemens: Business Overview
Figure 51 Siemens: Company Snapshot
Table 118 Siemens: Products Offered
Table 119 Siemens: New Product Launches
Table 120 Siemens: Deals
Table 121 Hyundai Rotem: Business Overview
Figure 52 Hyundai Rotem Company: Company Snapshot
Table 122 Hyundai Rotem: Products Offered
Table 123 Hyundai Rotem: Deals
11.1.8 Mitsubishi Heavy Industries
Table 124 Mitsubishi Heavy Industries: Business Overview
Table 125 Mitsubishi Heavy Industries: Products Offered
Table 126 Mitsubishi Heavy Industries: Deals
11.1.9 Toshiba
Table 127 Toshiba: Business Overview
Figure 53 Toshiba: Company Snapshot
Table 128 Toshiba: Products Offered
Table 129 Toshiba: Others
11.1.10 Hitachi
Table 130 Hitachi: Business Overview
Figure 54 Hitachi: Company Snapshot
11.1.10.2 Products Offered
Table 131 Hitachi: Products Offered
11.1.10.3 Recent Developments
Table 132 Hitachi: Product Launches
Table 133 Hitachi: Deals
Table 134 Hitachi: Others
11.2 Other Key Players
11.2.1 Construcciones Y Auxiliar De Ferrocarriles (Caf)
Table 135 Construcciones Y Auxiliar De Ferrocarriles (Caf): Business Overview
11.2.2 Strukton
Table 136 Strukton: Business Overview
11.2.3 Woojin Industrial Systems
Table 137 Woojin Industrial Systems: Business Overview
11.2.4 American Equipment Company
Table 138 American Equipment Company: Business Overview
11.2.5 Ingeteam
Table 139 Ingeteam: Business Overview
11.2.6 Calamp
Table 140 Calamp: Business Overview
11.2.7 Sinara Transport Machines
Table 141 Sinara Transport Machines: Business Overview
11.2.8 Fuji Electric
Table 142 Fuji Electric: Business Overview
11.2.9 Skoda Transportation
Table 143 Skoda Transportation: Business Overview
11.2.10 Medcom
Table 144 Medcom: Business Overview
*Details on Business Overview, Products Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies.
12 Analyst's Recommendations
12.1 Asia-Pacific to be Major Market for Railway Systems
12.2 Development of Next-Gen Clean Propulsion Systems
12.3 Rapid Transit to be Most Profitable Segment of Railway System Market
12.4 Conclusion
13 Appendix
13.1 Key Insights from Industry Experts
13.2 Discussion Guide
13.3 Knowledgestore: The Subscription Portal
13.4 Customization Options
