Global Connected Rail Market: Industry Analysis and Forecast (2019-2026)

Global Connected Rail Market is expected to reach US$ XX Billion by 2026 from US$ 82.14 Billion in 2019 at CAGR of XX %.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

Global Connected Rail Market

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Global Connected Rail Market Segment Analysis:

Global connected rail market is segmented by service, rolling stock, safety, and signaling system and geography. Services are classified as passenger services & mobility, passenger information system, train tracking & monitoring system. Rolling stock is divided into diesel locomotive, electric locomotive, DMU. Safety and signaling system are categorized into positive train control, communication/computer-based train control, and automated/integrated train control. Region wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Increasing the implementation of the automated fare collection system and safety and security systems are expected to fuel the overall Global Connected Rail Market. Restraining factors of connected rail technology is the higher installation cost of numerous rails signaling systems and connected rail various services such as passenger information system, automated fare collection system etc. Rail and technology manufacturers are working on to reduce the installation rate by undergoing agreement with regional governments and country-specific governments.

Based on safety and signaling system, Computer Based Train Control (CBTC) is the upgraded system of the typical old-block signaling system. CBTC equipped train is capable of calculating, communicating, and providing update over a radio to the wayside equipment distributed along the line. CBTC system allows the optimal utilization of the existing rail infrastructure in achieving maximum capacity and minimum headway among operating trains while maintaining the safety requirements. These technologies have fueled the growth of connected rail technology.
Global Connected Rail Market Regional Analysis:

In terms of region, Asia-Pacific region is projected to be the largest market share holder in the year 2026, for the connected rail market, in terms of value. The mounting urbanization in India, China and Japan, smart city projects, Chinese policy of ‘One Belt and One Road’, among others is estimated to further register high growth rate in the connected rail market in the region.
Global Connected Rail Market, Key Highlights:

• Global Connected Rail Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Connected Rail Market

• Global Connected Rail Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Connected Rail Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Connected Rail Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Connected Rail Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.

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The scope of the Global Connected Rail Market: Inquire before buying

Global Connected Rail Market, by Services

• Passenger Services and Mobility
• Passenger Information System
• Train tracking and Monitoring System
• Automated Fare Collection System
• IP Video Surveillance
• Predictive Maintenance
Global Connected Rail Market, by Rolling Stock

• Diesel Locomotive
• Electric Locomotive
• DMU
• EMU
• Light rail/Tram Car
• Subway/Metro Vehicle
• Passenger Coach
• Freight Wagon
Global Connected Rail Market, by Safety and Signaling System

• Positive Train Control (PTC)
• Communication/Computer Based Train Control (CBTC)
• Automated/Integrated Train Control (ATC)
Global Connected Rail Market, by Geography

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Global Connected Rail Market, Key Players

• Hitachi Limited
• Siemens AG
• Trimble, Inc.
• Wabtec Corporation
• Huawei Investment & Holding Co., Ltd
• Robert Bosch GmbH
• Nokia Corporation
• Cisco Systems, Inc.
• IBM Corporation
• Atos Corporation
• Sierra Wireless
• Tech Mahindra Limited
• Calamp Corp.
• Bombardier Inc.
• Alstom SA
• Sierra Wireless Inc.
• Abb Limited
• Ericsson
• Digi International Inc.
• Schneider Electric
• Indra Sistemas S.A.
• Ansaldo Sts
• General Electric
• Tech Mahindra Limited
• Thales Group

Global Cockpit Electronics Market for Automotive

 

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