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Railway System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • ID: 5353484
  • Report
  • June 2021
  • Region: Global
  • 143 pages
  • IMARC Group

FEATURED COMPANIES

  • ABB Ltd.
  • Bombardier Inc.
  • CRRC Corporation Limited
  • General Electric Company
  • Hyundai Rotem Company
  • Medcom
The global railway system market exhibited moderate growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of around 5% during 2021-2026. The railway system refers to an organized arrangement that is responsible for managing the transportation of passenger and freight trains such as rail, monorail, scenic railway, metro, subway, cable and elevated railway. Over the years, rail transport has emerged as one of the most reliable modes of transportation with regards to security and safety. The railway system integrates technology with operations to streamline functions and deliver enhanced consumer satisfaction. It aids in managing train arrivals, departures, revenue, ticketing and cargo handling functions. Besides this, advanced railway systems use digital communications for disaster management and on-train processing to keep track of the speed and location of other trains.

Increasing urbanization and widespread digitalization across the globe are among the key factors driving the growth of the market. Growing population and rising expenditure capacities have augmented the demand for personal mobility across the world. Consumers are increasingly adopting public transportations, such as high-speed trains and metros to commute and avoid congestion on the road. Furthermore, the demand for dynamic and swift transportation systems by the rolling stock industry is also providing a boost to the market. Developing nations are extensively dependent on efficient asset and fleet management systems for remote diagnostics, asset planning and tracking services over long distances. Additionally, the integration of automation and the internet of things (IoT) technologies in railway systems is positively impacting the market growth. Railway systems are being combined with big data analytics solutions to control and manage the communication systems, which assist the operators to identify malfunctioning components and prevent breakdowns. Moreover, the implementation of favorable government policies supporting the emerging trend of smart cities is also projected to drive the market in the upcoming years.

Breakup by Transit Type:

  • Conventional
  • Diesel Locomotive
  • Electric Locomotive
  • Electro-Diesel Locomotive
  • Coaches
  • Rapid
  • Diesel Multiple Unit (DMU)
  • Electric Multiple Unit (EMU)
  • Light Rail/Tram

Breakup by System Type:

  • Auxiliary Power System
  • Train Information System
  • Propulsion System
  • Train Safety System
  • HVAC System
  • On-Board Vehicle Control

Breakup by Application:

  • Freight Transportation
  • Passenger Transportation

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Latin America
  • Brazil
  • Mexico
  • Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., Alstom, American Equipment Company, Bombardier Inc., Calamp Corporation, Construcciones y Auxiliar de Ferrocarriles, CRRC Corporation Limited, Fuji Electric, General Electric Company, Hitachi Ltd., Hyundai Rotem Company, Ingeteam Power Technology, Medcom, Mitsubishi Heavy Industries Ltd., Siemens Aktiengesellschaft, Škoda Transportation, Strukton Groep N.V., etc.

Key Questions Answered in This Report:

  • How has the global railway systems market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the industry?
  • What has been the impact of COVID-19 on the global railway system market?
  • What is the breakup of the market based on the transit type?
  • What is the breakup of the market based on the system type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global railway systems industry and who are the key players?
  • What is the degree of competition in the industry?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Ltd.
  • Bombardier Inc.
  • CRRC Corporation Limited
  • General Electric Company
  • Hyundai Rotem Company
  • Medcom
1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Railway System Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Transit Type
6.1 Conventional
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Diesel Locomotive
6.1.2.2 Electric Locomotive
6.1.2.3 Electro-Diesel Locomotive
6.1.2.4 Coaches
6.1.3 Market Forecast
6.2 Rapid
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 Diesel Multiple Unit (DMU)
6.2.2.2 Electric Multiple Unit (EMU)
6.2.2.3 Light Rail/ Tram
6.2.3 Market Forecast

7 Market Breakup by System Type
7.1 Auxiliary Power System
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Train Information System
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Propulsion System
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Train Safety System
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 HVAC System
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 On-Board Vehicle Control
7.6.1 Market Trends
7.6.2 Market Forecast

8 Market Breakup by Application
8.1 Freight Transportation
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Passenger Transportation
8.2.1 Market Trends
8.2.2 Market Forecast

9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast

10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 Price Indicators

14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ABB Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Alstom
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 American Equipment Company
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Bombardier Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Calamp Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Construcciones y Auxiliar de Ferrocarriles
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 CRRC Corporation Ltd.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Fuji Electric
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 General Electric Company
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Hitachi Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Hyundai Rotem Company
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.12 Ingeteam Power Technology
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.13 Medcom
14.3.13.1 Company Overvie
14.3.13.2 Product Portfolio
14.3.14 Mitsubishi Heavy Industries Ltd.
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.14.3 Financials
14.3.14.4 SWOT Analysis
14.3.15 Siemens Aktiengesellschaft
14.3.15.1 Company Overview
14.3.15.2 Product Portfolio
14.3.15.3 Financials
14.3.15.4 SWOT Analysis
14.3.16 Škoda Transportation
14.3.16.1 Company Overview
14.3.16.2 Product Portfolio
14.3.17 Strukton Groep N.V.
14.3.17.1 Company Overview
14.3.17.2 Product Portfolio
14.3.17.3 Financials

List of Figures
Figure 1: Global: Railway System Market: Major Drivers and Challenges
Figure 2: Global: Railway System Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Railway System Market: Breakup by Transit Type (in %), 2020
Figure 4: Global: Railway System Market: Breakup by System Type (in %), 2020
Figure 5: Global: Railway System Market: Breakup by Application (in %), 2020
Figure 6: Global: Railway System Market: Breakup by Region (in %), 2020
Figure 7: Global: Railway System Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Railway System (Conventional) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Railway System (Conventional) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Railway System (Rapid) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Railway System (Rapid) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Railway System (Auxiliary Power System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Railway System (Auxiliary Power System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Railway System (Train Information System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Railway System (Train Information System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Railway System (Propulsion System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Railway System (Propulsion System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Railway System (Train Safety System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Railway System (Train Safety System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Railway System (HVAC System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Railway System (HVAC System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Railway System (On-Board Vehicle Control) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Railway System (On-Board Vehicle Control) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Railway System (Freight Transportation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Railway System (Freight Transportation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Railway System (Passenger Transportation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Railway System (Passenger Transportation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: North America: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: North America: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: United States: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: United States: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Canada: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Canada: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Asia Pacific: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Asia Pacific: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: China: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: China: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Japan: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Japan: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: India: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: India: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: South Korea: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: South Korea: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Australia: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Australia: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Indonesia: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Indonesia: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Others: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Others: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Europe: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Europe: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Germany: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Germany: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: France: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: France: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: United Kingdom: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: United Kingdom: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Italy: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Italy: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Spain: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Spain: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Russia: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Russia: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Others: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Others: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Latin America: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Latin America: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Brazil: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Brazil: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Mexico: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Mexico: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Others: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Others: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Middle East and Africa: Railway System Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Middle East and Africa: Railway System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Global: Railway System Industry: SWOT Analysis
Figure 77: Global: Railway System Industry: Value Chain Analysis
Figure 78: Global: Railway System Industry: Porter’s Five Forces Analysis

List of Tables
Table 1: Global: Railway System Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Railway System Market Forecast: Breakup by Transit Type (in Million US$), 2021-2026
Table 3: Global: Railway System Market Forecast: Breakup by System Type (in Million US$), 2021-2026
Table 4: Global: Railway System Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Railway System Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Railway System Market: Competitive Structure
Table 7: Global: Railway System Market: Key Players
Note: Product cover images may vary from those shown
  • ABB Ltd.
  • Alstom
  • American Equipment Company
  • Bombardier Inc.
  • Calamp Corporation
  • Construcciones y Auxiliar de Ferrocarriles
  • CRRC Corporation Limited
  • Fuji Electric
  • General Electric Company
  • Hitachi Ltd.
  • Hyundai Rotem Company
  • Ingeteam Power Technology
  • Medcom
  • Mitsubishi Heavy Industries Ltd.
  • Siemens Aktiengesellschaft
  • Škoda Transportation
  • Strukton Groep N.V.
Note: Product cover images may vary from those shown

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