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Smart Railway Market by System and Offering Type: Global Opportunity Analysis and Industry Forecast, 2020-2027

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    Report

  • 255 Pages
  • November 2020
  • Region: Global
  • Allied Market Research
  • ID: 5237515
Description Jump to:
Smart railway is an integration of the latest technologies, including Internet of Things (IoT), big data, cloud, analytics, artificial intelligence (AI), global positioning system (GPS), and machine learning (ML) to make rail operations more efficient and accurate. Smart railway solutions result to interconnected trains, infrastructure, and passengers to attain higher safety, optimized mobility, and lower costs. Under the scope of the research, solutions, devices & components, and services have been covered, which support rail companies to collect data to monitor and analyze all railway-related operations with high precision and accuracy. Majority of railways are operated through government authorities where procurement and installation of such smart technologies are done through contracts and agreements. Entering into contracts/agreements with rail operators for long-term business opportunities is the key strategy adopted by participants in global Smart Railway market.

The global smart railway market is segmented into system, offering type, and region. Depending on system, the market is categorized into passenger information system, rail & freight operations management system, smart safety & security monitoring system, rail communication & networking system, smart ticketing system, rail analytics system, and others. On the basis of offering type, it is segregated into solutions, components & devices, and services. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

KEY PLAYERS profiled in the report include Alstom, BOMBARDIER INC., ABB Ltd, Siemens AG, Cisco Systems, Inc., Huawei Technologies Co., Ltd., IBM, Indra Sistemas, S.A., Hitachi, Ltd., and Aitek S.P.A.

KEY BENEFITS FOR STAKEHOLDERS
  • This study presents analytical depiction of the global Smart Railway market along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the market.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers.

KEY MARKET SEGMENTS

By System
  • Passenger Information System
  • Rail & Freight Operations Management System
  • Smart Safety & Security Monitoring System
  • Rail communication & Networking System
  • Smart Ticketing System
  • Rail Analytics System
  • Others

By Offering Type
  • Solutions
  • Components & Devices
  • Services

By Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY PLAYERS
  • Alstom
  • BOMBARDIER INC.
  • ABB Ltd
  • Siemens AG
  • Cisco Systems, Inc.
  • Huawei Technologies Co., Ltd.
  • IBM
  • Indra Sistemas, S.A.
  • Hitachi, Ltd.
  • Aitek S.P.A.

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
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
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 Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies
3.3. Porter’s Five Forces Analysis
3.4. Market Share Analysis, 2019 (%)
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Rising Urbanization and Local Commute Requirements
3.5.1.2. The Rising Demand for Passenger and Freight Capacity
3.5.1.3. Increasing Number of Railway Projects Across the Globe
3.5.1.4. Changing Passenger Payment Habits
3.5.2. Restraints
3.5.2.1. High Installation Cost
3.5.2.2. Infrastructure Changes of the Existing System
3.5.3. Opportunities
3.5.3.1. Changing Ridership Outlook
3.5.3.2. Winning Contract/Agreement is the Key Strategy to Gain Competitive Advantage
3.6. Covid-19 Impact Analysis
Chapter 4: Smart Railways Market, by System
4.1. Overview
4.2. Passenger Information System
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Rail & Freight Operations Management System
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
4.4. Smart Safety & Security Monitoring System
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Analysis, by Country
4.5. Rail Communication and Networking System
4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast, by Region
4.5.3. Market Analysis, by Country
4.6. Smart Ticketing System
4.6.1. Key Market Trends, Growth Factors, and Opportunities
4.6.2. Market Size and Forecast, by Region
4.6.3. Market Analysis, by Country
4.7. Rail Analytics System
4.7.1. Key Market Trends, Growth Factors, and Opportunities
4.7.2. Market Size and Forecast, by Region
4.7.3. Market Analysis, by Country
4.8. Others
4.8.1. Key Market Trends, Growth Factors, and Opportunities
4.8.2. Market Size and Forecast, by Region
4.8.3. Market Analysis, by Country
Chapter 5: Smart Railways Market, by Offering Type
5.1. Overview
5.2. Solutions
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Components & Devices
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
5.4. Services
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Analysis, by Country
Chapter 6: Smart Railways Market, by Region
6.1. Overview
6.2. North America
6.2.1. Market Size and Forecast, by System
6.2.2. Market Size and Forecast, by Offering Type
6.2.3. Market Analysis, by Country
6.2.3.1. U.S.
6.2.3.1.1. Market Size and Forecast, by System
6.2.3.1.2. Market Size and Forecast, by Offering Type
6.2.3.2. Canada
6.2.3.2.1. Market Size and Forecast, by System
6.2.3.2.2. Market Size and Forecast, by Offering Type
6.2.3.3. Mexico
6.2.3.3.1. Market Size and Forecast, by System
6.2.3.3.2. Market Size and Forecast, by Offering Type
6.3. Europe
6.3.1. Market Size and Forecast, by System
6.3.2. Market Size and Forecast, by Offering Type
6.3.3. Market Analysis, by Country
6.3.3.1. UK
6.3.3.1.1. Market Size and Forecast, by System
6.3.3.1.2. Market Size and Forecast, by Offering Type
6.3.3.3. Germany
6.3.3.3.1. Market Size and Forecast, by System
6.3.3.3.2. Market Size and Forecast, by Offering Type
6.3.3.4. France
6.3.3.4.1. Market Size and Forecast, by System
6.3.3.4.2. Market Size and Forecast, by Offering Type
6.3.3.5. Spain
6.3.3.5.1. Market Size and Forecast, by System
6.3.3.5.2. Market Size and Forecast, by Offering Type
6.3.3.6. Russia
6.3.3.6.1. Market Size and Forecast, by System
6.3.3.6.2. Market Size and Forecast, by Offering Type
6.3.3.7. Rest of Europe
6.3.3.7.1. Market Size and Forecast, by System
6.3.3.7.2. Market Size and Forecast, by Offering Type
6.4. Asia-Pacific
6.4.1. Market Size and Forecast, by System
6.4.2. Market Size and Forecast, by Offering Type
6.4.3. Market Analysis, by Country
6.4.3.1. China
6.4.3.1.1. Market Size and Forecast, by System
6.4.3.1.2. Market Size and Forecast, by Offering Type
6.4.3.2. India
6.4.3.2.1. Market Size and Forecast, by System
6.4.3.2.2. Market Size and Forecast, by Offering Type
6.4.3.3. Japan
6.4.3.3.1. Market Size and Forecast, by System
6.4.3.3.2. Market Size and Forecast, by Offering Type
6.4.3.4. South Korea
6.4.3.4.1. Market Size and Forecast, by System
6.4.3.4.2. Market Size and Forecast, by Offering Type
6.4.3.5. Rest of Asia-Pacific
6.4.3.5.1. Market Size and Forecast, by System
6.4.3.5.2. Market Size and Forecast, by Offering Type
6.5. LAMEA
6.5.1. Market Size and Forecast, by System
6.5.2. Market Size and Forecast, by Offering Type
6.5.3. Market Analysis, by Country
6.5.3.1. Latin America
6.5.3.1.1. Market Size and Forecast, by System
6.5.3.1.2. Market Size and Forecast, by Offering Type
6.5.3.2. Middle East
6.5.3.2.1. Market Size and Forecast, by System
6.5.3.2.2. Market Size and Forecast, by Offering Type
6.5.3.3. Africa
6.5.3.3.1. Market Size and Forecast, by System
6.5.3.3.2. Market Size and Forecast, by Offering Type
Chapter 7: Company Profiles
7.1. Alstom
7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Product Portfolio
7.1.5. Business Performance
7.1.6. Key Strategic Moves and Developments
7.2. Bombardier Inc.
7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Product Portfolio
7.2.5. Business Performance
7.2.6. Key Strategic Moves and Developments
7.3. Abb Ltd
7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Product Portfolio
7.3.5. Business Performance
7.4. Siemens AG
7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Product Portfolio
7.4.5. Business Performance
7.4.6. Key Strategic Moves and Developments
7.5. Cisco Systems, Inc.
7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Product Portfolio
7.5.5. Business Performance
7.6. Huawei Technologies Co. Ltd.
7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Product Portfolio
7.6.5. Business Performance
7.7. Ibm
7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Operating Business Segments
7.7.4. Product Portfolio
7.7.5. Business Performance
7.8. Indra Sistemas, S. A.
7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Product Portfolio
7.8.5. Business Performance
7.8.6. Key Strategic Moves and Developments
7.9. Hitachi, Ltd.
7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Operating Business Segments
7.9.4. Product Portfolio
7.9.5. Business Performance
7.9.6. Key Strategic Moves and Developments
7.10. Aitek S. P. A.
7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Operating Business Segments
7.10.4. Product Portfolio

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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