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Smart Railway Systems Market by Product and Geography - Forecast and Analysis 2020-2024 - Product Image

Smart Railway Systems Market by Product and Geography - Forecast and Analysis 2020-2024

  • ID: 4893947
  • Report
  • December 2019
  • Region: Global
  • 171 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB Ltd.
  • Alstom Holdings
  • Bombardier Inc.
  • Cisco Systems Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • MORE
Global Smart Railway Systems Market: About this market
The smart railway systems market analysis considers sales from solutions, components, and services. Our study also finds the sales of smart railway systems in APAC, Europe, MEA, North America, and South America. In 2019, the solutions segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as advanced security monitoring systems will play a significant role in the solutions segment to maintain its market position. Also, our global smart railway systems market report looks at factors such as the expansion of railways to address efficiency and environmental concerns, rising adoption of advanced technologies, and increase in government and private sector investments in railways. However, investments in initial infrastructure and related requirements, outdated infrastructure and other technical challenges, and security threats may hamper the growth of the smart railway systems industry over the forecast period.

Global Smart Railway Systems Market: Overview

Rising adoption of advanced technologies
Advanced technologies such as automation, Al, and machine learning have the potential to revolutionize the railway industry. The use of advanced technologies provides several benefits ranging from cost benefits to higher customer value and efficiency. The use of IoT can increase the safety and efficiency of rail traffic by ensuring preventive maintenance. The deployment of analytics will aid in improving railway maintenance decisions by using the precise locations of trains, their speed, weather report, and other data from vibration sensors located alongside the tracks. Thus,the adoption of advanced technologies will lead to the expansion of the global smart railway systems market at a CAGR of almost 14% during the forecast period.

Need for sustainable, clean, and high-speed transport
With growing concerns around climate change, the railway industry is striving to find better alternatives and ways to minimize emissions. The increasing use of hydrogen fuel cells, battery-powered locomotives, and dual-fuel locomotives are a few developments targeted at introducing an energy-efficient and cost-effective alternative to diesel trains. In addition, the industry is also widely adopting autonomous vehicle technology along with the deployment of alternative fuels to make rail transportation faster, cleaner, and more efficient. This development is expected to have a positive impact on the overall market growth.

Competitive Landscape
With the presence of several major players, the global smart railway systems market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart railway systems manufacturers, that include ABB Ltd., Alstom Holdings, Bombardier Inc., Cisco Systems Inc., General Electric Co., Hitachi Ltd., International Business Machines Corp., Nokia Corp., Robert Bosch GmbH, and Siemens AG.

Also, the smart railway systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd.
  • Alstom Holdings
  • Bombardier Inc.
  • Cisco Systems Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Value Chain Analysis
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2019
  • Market Outlook
  • Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Solutions - Market size and forecast 2019-2024
  • Components - Market size and forecast 2019-2024
  • Services - Market size and forecast 2019-2024
  • Market opportunity by product
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • IoT and big data to drive efficiency
  • Need for sustainable, clean, and high-speed transport
  • Growing consolidation in the railway industry
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ABB Ltd.
  • Alstom Holdings
  • Bombardier Inc.
  • Cisco Systems Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • International Business Machines Corp.
  • Nokia Corp.
  • Robert Bosch GmbH
  • Siemens AG
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Years in consideration
Exhibit 02: Global information technology spending market
Exhibit 03: Segments of global information technology spending market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Vendors: Key offerings
Exhibit 07: Market definition - Inclusions and exclusions checklist
Exhibit 08: Market size 2019
Exhibit 09: Global market: Size and forecast 2019-2024 ($ millions)
Exhibit 10: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 11: Five forces analysis 2019
Exhibit 12: Five forces analysis 2024
Exhibit 13: Bargaining power of buyers
Exhibit 14: Bargaining power of suppliers
Exhibit 15: Threat of new entrants
Exhibit 16: Threat of substitutes
Exhibit 17: Threat of rivalry
Exhibit 18: Market condition - Five forces 2019
Exhibit 19: Product - Market share 2019-2024 (%)
Exhibit 20: Comparison by product
Exhibit 21: Solutions - Market size and forecast 2019-2024 ($ millions)
Exhibit 22: Solutions - Year-over-year growth 2020-2024 (%)
Exhibit 23: Components - Market size and forecast 2019-2024 ($ millions)
Exhibit 24: Components - Year-over-year growth 2020-2024 (%)
Exhibit 25: Services - Market size and forecast 2019-2024 ($ millions)
Exhibit 26: Services - Year-over-year growth 2020-2024 (%)
Exhibit 27: Market opportunity by product
Exhibit 28: Customer landscape
Exhibit 29: Market share by geography 2019-2024 (%)
Exhibit 30: Geographic comparison
Exhibit 31: Europe - Market size and forecast 2019-2024 ($ millions)
Exhibit 32: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 33: North America - Market size and forecast 2019-2024 ($ millions)
Exhibit 34: North America - Year-over-year growth 2020-2024 (%)
Exhibit 35: APAC - Market size and forecast 2019-2024 ($ millions)
Exhibit 36: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 37: MEA - Market size and forecast 2019-2024 ($ millions)
Exhibit 38: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 39: South America - Market size and forecast 2019-2024 ($ millions)
Exhibit 40: South America - Year-over-year growth 2020-2024 (%)
Exhibit 41: Key leading countries
Exhibit 42: Market opportunity
Exhibit 43: Impact of drivers and challenges
Exhibit 44: Vendor landscape
Exhibit 45: Landscape disruption
Exhibit 46: Vendors covered
Exhibit 47: Vendor classification
Exhibit 48: Market positioning of vendors
Exhibit 49: ABB Ltd. - Vendor overview
Exhibit 50: ABB Ltd. - Business segments
Exhibit 51: ABB Ltd. - Organizational developments
Exhibit 52: ABB Ltd. - Geographic focus
Exhibit 53: ABB Ltd. - Segment focus
Exhibit 54: ABB Ltd. - Key offerings
Exhibit 55: Alstom Holdings - Vendor overview
Exhibit 56: Alstom Holdings - Product segments
Exhibit 57: Alstom Holdings - Organizational developments
Exhibit 58: Alstom Holdings - Geographic focus
Exhibit 59: Alstom Holdings - Segment focus
Exhibit 60: Alstom Holdings - Key offerings
Exhibit 61: Bombardier Inc. - Vendor overview
Exhibit 62: Bombardier Inc. - Business segments
Exhibit 63: Bombardier Inc. - Organizational developments
Exhibit 64: Bombardier Inc. - Geographic focus
Exhibit 65: Bombardier Inc. - Segment focus
Exhibit 66: Bombardier Inc. - Key offerings
Exhibit 67: Bombardier Inc. - Key offerings
Exhibit 68: Cisco Systems Inc. - Vendor overview
Exhibit 69: Cisco Systems Inc. - Business segments
Exhibit 70: Cisco Systems Inc. - Organizational developments
Exhibit 71: Cisco Systems Inc. - Geographic focus
Exhibit 72: Cisco Systems Inc. - Segment focus
Exhibit 73: Cisco Systems Inc. - Key offerings
Exhibit 74: General Electric Co. - Vendor overview
Exhibit 75: General Electric Co. - Business segments
Exhibit 76: General Electric Co. - Organizational developments
Exhibit 77: General Electric Co. - Geographic focus
Exhibit 78: General Electric Co. - Segment focus
Exhibit 79: General Electric Co. - Key offerings
Exhibit 80: Hitachi Ltd. - Vendor overview
Exhibit 81: Hitachi Ltd. - Business segments
Exhibit 82: Hitachi Ltd. - Organizational developments
Exhibit 83: Hitachi Ltd. - Geographic focus
Exhibit 84: Hitachi Ltd. - Segment focus
Exhibit 85: Hitachi Ltd. - Key offerings
Exhibit 86: International Business Machines Corp. - Vendor overview
Exhibit 87: International Business Machines Corp. - Business segments
Exhibit 88: International Business Machines Corp. - Organizational developments
Exhibit 89: International Business Machines Corp. - Geographic focus
Exhibit 90: International Business Machines Corp. - Segment focus
Exhibit 91: International Business Machines Corp. - Key offerings
Exhibit 92: Nokia Corp. - Vendor overview
Exhibit 93: Nokia Corp. - Business segments
Exhibit 94: Nokia Corp. - Organizational developments
Exhibit 95: Nokia Corp. - Geographic focus
Exhibit 96: Nokia Corp. - Segment focus
Exhibit 97: Nokia Corp. - Key offerings
Exhibit 98: Robert Bosch GmbH - Vendor overview
Exhibit 99: Robert Bosch GmbH - Business segments
Exhibit 100: Robert Bosch GmbH - Organizational developments
Exhibit 101: Robert Bosch GmbH - Geographic focus
Exhibit 102: Robert Bosch GmbH - Segment focus
Exhibit 103: Robert Bosch GmbH - Key offerings
Exhibit 104: Siemens AG - Vendor overview
Exhibit 105: Siemens AG - Business segments
Exhibit 106: Siemens AG - Organizational developments
Exhibit 107: Siemens AG - Geographic focus
Exhibit 108: Siemens AG - Segment focus
Exhibit 109: Siemens AG - Key offerings
Exhibit 110: Validation techniques employed for market sizing
Exhibit 111: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd.
  • Alstom Holdings
  • Bombardier Inc.
  • Cisco Systems Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • MORE
The following companies as the key players in the global smart railway systems market: ABB Ltd., Alstom Holdings, Bombardier Inc., Cisco Systems Inc., General Electric Co., Hitachi Ltd., International Business Machines Corp., Nokia Corp., Robert Bosch GmbH, and Siemens AG.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the need for sustainable, clean, and high-speed transport.”

According to the report, one of the major drivers for this market is the rising adoption of advanced technologies.

Further, the report states that one of the major factors hindering the growth of this market is the investments in initial infrastructure and related requirements.

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.
Note: Product cover images may vary from those shown
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  • ABB Ltd.
  • Alstom Holdings
  • Bombardier Inc.
  • Cisco Systems Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • International Business Machines Corp.
  • Nokia Corp.
  • Robert Bosch GmbH
  • Siemens AG.
Note: Product cover images may vary from those shown
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