The railway management system market has witnessed considerable growth in the recent years, owing to high adoption of novel technologies in the railway transportation industry, high demand for regional and international travel, supportive legislations from governing bodies, such as European Rail Traffic Management System (ERTMS), and rapid urbanization in the developing and the underdeveloped countries. In addition, growth in demand for efficient and instant transport mode, advanced fleet & asset management tools, such as asset planning, staff & passenger information, video monitoring, data analytics, and remote diagnostics, fuel the market growth. Furthermore, increase in investment by private entities in government managed rail industry, high traffic on rail networks due to rise in population & urbanization and surge in demand for low-price travel by rail are expected to positively impact the railway management system market growth during the forecast period. However, vast increase in passenger & cargo traffic, high deployment costs, and inefficient use of rail networks are expected to limit the adoption of railway management systems.
The global railway management system industry is segmented based component and geography. Based on component, it is bifurcated into solution and services. Based on solution, it is classified into rail traffic management system, rail asset management system, rail operation management system, rail control system, and rail maintenance management system. Geographically, global railway management system market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key market players offering railway management system products include Alstom SA, Cisco Systems, Inc., General Electric, ABB Limited, IBM Corporation, Hitachi Limited, Huawei Technologies Co. Ltd., Indra Sistemas SA, Siemens AG, and Alcatel-Lucent.
KEY BENEFITS FOR STAKEHOLDERS
In-depth analysis of the global railway management system market and dynamics is provided to understand the market scenario.
Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist the strategists and stakeholders to capitalize on the prevailing opportunities.
Porter’s five forces analysis examines the competitive structure of the global railway management system market and provides a clear understanding of the factors that influence the market entry and expansion.
A detailed analysis of the geographical segments enables identification of profitable segments for market players.
Comprehensive analyses of the trends, sub-segments, and key revenue pockets are provided.
Detailed analyses of the key players operating in the global railway management system market and their business strategies are anticipated to assist the stakeholders to take informed business decisions.
KEY MARKET SEGMENTS
By Deployment Model
Rail Traffic Management System
Rail Asset Management System
Rail Operation Management System
Rail Control System
Rail Maintenance Management System
Rest of Europe
Rest of Asia-Pacific
The key players profiled in the report are as follows:
Cisco Systems, Inc.
Huawei Technologies Co. Ltd.
Indra Sistemas SA
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
1.4.4. Market segmentation
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top winning strategies
3.2.2. Top investment pockets
3.2.3. Top impacting factors
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Degree of competition
3.3.4. Threat of new entrants
3.3.5. Threat of substitute
3.4. MARKET PLAYER POSITIONING
3.5. MARKET DYNAMICS
220.127.116.11. High demand for regional as well as international travel
18.104.22.168. Supportive legislations from governing bodies
22.214.171.124. Rapid urbanization in developing and underdeveloped countries
126.96.36.199. High investment costs
188.8.131.52. Vast increase in passenger & cargo traffic
184.108.40.206. Inefficient use of rail networks
220.127.116.11. Increase in investment by private entities in government managed rail industry
18.104.22.168. High traffic on rail networks
CHAPTER 4 RAILWAY MANAGEMENT SYSTEM MARKET, BY COMPONENT
4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast
4.2.4. Rail traffic management system
22.214.171.124. Market size and forecast
4.2.5. Rail asset management system
126.96.36.199. Market size and forecast
4.2.6. Rail operation management system
188.8.131.52. Market size and forecast
4.2.7. Rail control system
184.108.40.206. Market size and forecast
4.2.8. Rail maintenance management system
220.127.116.11. Market size and forecast
4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast
CHAPTER 5 RAILWAY MANAGEMENT SYSTEM MARKET, BY GEOGRAPHY
5.2. NORTH AMERICA
5.2.1. Key trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast
18.104.22.168. Market size and forecast
22.214.171.124. Market size and forecast
126.96.36.199. Market size and forecast
5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast
188.8.131.52. Market size and forecast
184.108.40.206. Market size and forecast
220.127.116.11. Market size and forecast
18.104.22.168. Market size and forecast
5.3.8. Rest of Europe
22.214.171.124. Market size and forecast
5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast
126.96.36.199. Market size and forecast
188.8.131.52. Market size and forecast
184.108.40.206. Market size and forecast
220.127.116.11. Market size and forecast
5.4.8. Rest of Asia-Pacific
18.104.22.168. Market size and forecast
5.5.1. Key market trends
5.5.2. Key growth factors and opportunities
5.5.3. Market size and forecast
5.5.4. Latin America
22.214.171.124. Market size and forecast
5.5.5. Middle East
126.96.36.199. Market size and forecast
188.8.131.52. Market size and forecast
CHAPTER 6 COMPANY PROFILES
6.1. ABB LIMITED
6.1.1. Company overview
6.1.2. Company snapshot
6.1.3. Business performance
6.1.4. Key strategic moves & developments
6.2. ALSTOM SA
6.2.1. Company overview
6.2.2. Company snapshot
6.2.3. Business performance
6.2.4. Key strategic moves & developments
6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Business performance
6.3.4. Key strategic moves & developments
6.4. CISCO SYSTEMS, INC.
6.4.1. Company overview
6.4.2. Company snapshot
6.4.3. Business performance
6.4.4. Key strategic moves & developments
6.5. GENERAL ELECTRIC
6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Business performance
6.5.4. Key strategic moves & developments
6.6. HITACHI LIMITED
6.6.1. Company overview
6.6.2. Company snapshot
6.6.3. Business performance
6.6.4. Key strategic moves & developments
6.7. HUAWEI TECHNOLOGIES CO. LTD.
6.7.1. Company overview
6.7.2. Company snapshot
6.7.3. Business performance
6.7.4. Key strategic moves & developments
6.8. IBM CORPORATION
6.8.1. Company overview
6.8.2. Company snapshot
6.8.3. Business performance
6.8.4. Key strategic moves & developments
6.9. INDRA SISTEMAS SA
6.9.1. Company overview
6.9.2. Company snapshot
6.9.3. Business performance
6.9.4. Key strategic moves & developments
6.10. SIEMENS AG
6.10.1. Company overview
6.10.2. Company snapshot
6.10.3. Business performance
6.10.4. Key strategic moves & developments
The European region was the highest revenue contributor in the global railway management system market in 2016, due to its advanced technical aspects, high adoption of IoT, and well equipped with enormous railway infrastructure. Furthermore, the urban transport and highly developed infrastructure in the key countries, such as France, Germany, UK, and Italy, have lured the key vendors into investing in technological development of railway management solutions of these regions. The LAMEA railway management systems market is expected to grow at the highest rate during the forecast period, owing to the unprecedented increase in demand for technological upgrade of railway infrastructure in Africa and South America.
In 2016 the railway traffic management systems segment accounted for the highest share in the market, and is expected to witness highest growth rate from 2017 to 2023, owing to high demand for rail traffic management such as traffic control, scheduling & planning, routing, signaling, and monitoring. This offers efficient solutions to increase time utilization and network capabilities. Furthermore, it regulates the traffic, offers solutions for disaster management over the network, and reduces possible delays in the operation.
The key players profiled in the study are Alstom SA, Cisco Systems, Inc., General Electric, ABB Limited, IBM Corporation, Hitachi Limited, Huawei Technologies Co. Ltd., Indra Sistemas SA, Siemens AG, and Alcatel-Lucent. These players have adopted competitive strategies, such as geographical expansions, mergers & acquisitions, new product launches, and partnerships & collaborations, to augment the growth of the railway management system market.
Key Findings of the Railway Management System Market:
The services segment accounted for the highest share in the global railway management system industry in 2016, growing at a CAGR of 16.1% from 2017 to 2023.
The railway management system solutions market is projected to grow at the highest growth rate of 17.2%.
The European market generated the highest share of $8,233 million, in terms of revenue, in 2016.
The railway traffic management system segment accounted for the highest share of revenue in 2016, and is expected to witness the highest growth rate during the forecast period.