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Railway System Market by System Type (Auxiliary Power, HVAC, Propulsion, On-board Vehicle Control, Train Information & Train Safety), Transit Type, Application (Passenger & Freight Transportation), & Region - Forecast to 2027

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    Report

  • 196 Pages
  • September 2022
  • Region: Global
  • Markets and Markets
  • ID: 4763771

Increasing Preference for Public Rail Transport to Reduce Traffic Congestion

The global railway system market is estimated to grow at a CAGR of 4.2%, from USD 25.1 billion in 2022 to USD 30.9 billion by 2027. High-speed trains are premium trains equipped with advanced features and connectivity solutions such as advanced electronic train control systems, video surveillance, passenger information display, and network video recorders. The adoption of these systems in high-speed trains will drive the market for railway systems. Thus, the increasing network of high-speed rail in emerging countries, as well as developed countries, provides an opportunity for the growth of the railway system market.

The world railway market has grown significantly in the last decade. Globally, the railway industry has witnessed incremental growth in the recent past. Several countries in Europe, Asia Pacific, and the Middle East have introduced high-speed rail projects to encourage rapid mass transit. The government authorities of countries such as France, Germany, China, India, and Saudi Arabia are pushing the growth of rail infrastructure to ease the increasing stress on current transportation. This development of the rail market and railway infrastructure will directly foster the growth of the railway system market

Europe is expected to be the largest Railway system market for Passenger Train transportation during the forecast period

Most European rails are equipped with high-end technologies that include wireless radio connection, wireless data transmission, eco-friendly cars, and comfort features. However, the adoption of high-end technologies is lower in Eastern Europe compared to Western Europe countries such as the UK, Germany, France, and Spain. This offers railway system vendors an opportunity to increase their presence in Eastern Europe. The EU Railway’s target is to build 31,000 km of high-speed rail track by 2030. Furthermore, projects such as the European Rail Research Advisory Council (ERRAC), FP7 projects, Horizon 2020, and SHIFT2RAIL will boost the growth of the European railway system market.

The train information system is expected to grow at a significant rate for the forecasted year

Train Information System (TIS) is a communication system used for providing information to passengers and enables two-way communication between passengers and operators. It is an electronically operated device that provides visual and acoustic information about the route, which is operated automatically and programmed manually. TIS can provide real-time tracking, route information on the go, travel planning, real-time arrival prediction systems, online connectivity solution. The onboard resources needed to host a variety of applications, including entertainment, passenger information, and passenger counting, are provided through edge computing (decentralized data management). The growing demand for connected and high-speed trains is propelling the demand for train information systems. Moreover, the advent of autonomous trains will act as a catalyst in the growth of the train information system market in the future.

Japan is estimated to have significant market share in railway system market during the forecast period

Japan is a technology leader in the railway system market. The country is continuously investing in the development of innovative technologies in the railway system market. The Japanese railway system market is primarily driven by Shinkansen trains (high-speed trains). These trains are equipped with advanced systems for their operations. Japanese manufacturers offer one of the best train safety and train information systems. For instance, Toshiba provides train information control systems that incorporate extremely dependable CPUs and fast transmission technologies. These systems functionally combine high efficiency rolling stock equipment control, secure operation, and adequate passenger notification services. Furthermore, Toshiba offers integrated systems that communicate between rolling stock and the ground to provide information about operation and maintenance.

The study contains insights from various industry experts, ranging from component suppliers to tier I companies and OEMs. The break-up of the primaries is as follows: 

  • By Company Type: Tier I - 27%, Tier II - 27%, OEM - 46%
  • By Designation: C level - 32%, D level - 38%, Others - 30%
  • By Region: Asia Pacific - 50%, Europe - 27%, North America - 15%, Rest of the World - 8%

Major players profiled in the report are:

  • CRRC (China)
  • Alstom (France)
  • ABB (Switzerland)
  • Siemens (Germany)
  • Thermo King (US)
  • Knorr Bremse (Germany)
  • Hyundai Rotem (South Korea)
  • Mitsubishi Heavy Industries (Japan)
  • Toshiba (Japan)
  • Hitachi (South Korea)

Research Coverage:

The report segments the railway system market, by value, on the basis of region (Asia Pacific, Europe, North America, and the Rest of the World), application (passenger transportation and freight transportation), system type (auxiliary power system, HVAC, propulsion system, onboard vehicle control, train information system, train safety system), and transit type (conventional and rapid). The report contains various levels of analysis, including industry analysis, industry trends, and company profiles, which together comprise and discuss the basic views on the emerging and high-growth segments of the railway system market, high-growth regions and countries, government initiatives, and market dynamics such as drivers, restraints, opportunities, and challenges. 

Reasons to Buy the Report: 

  • The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall railway system market and its subsegments. 
  • This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. 
  • The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

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 Preferen Ce 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

Companies Mentioned

  • CRRC (China)
  • Alstom (France)
  • ABB (Switzerland)
  • Siemens (Germany)
  • Thermo King (US)
  • Knorr Bremse (Germany)
  • Hyundai Rotem (South Korea)
  • Mitsubishi Heavy Industries (Japan)
  • Toshiba (Japan)
  • Hitachi (South Korea)

Methodology

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