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Smart Railway Market, by Component Type, by Service Type, by Solution, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2018 - 2026

  • ID: 5455998
  • Report
  • September 2021
  • Region: Global
  • 170 Pages
  • Coherent Market Insights Pvt Ltd.

FEATURED COMPANIES

  • Alcatel-Lucent
  • Alstom SA
  • Ansaldo STS
  • Bombardier Inc.
  • Cisco Systems Inc.
  • General Electric
Smart railways refer to an integrated system of railway, which includes software solutions, devices & components, cloud services, etc. Smart railways make intelligent use of rail assets and rail network communication by combining Information and Communication Technology (ICT) with smart transportation systems. This is done by combining information and communication (ICT) technology with smart transportation systems. Moreover, it involves information integration, data modeling, and data analytics that facilitate to impart strategic and operational decision making.



Market Dynamics


Increasing urbanization and population across worldwide is expected to drive the market for global smart railway market over the forecasted period (2021-2028). For Instance, According to the United Nations (UN) Department of Economics and Social Affairs, urban areas would account for over 60% share of the total world population in the near future. As a result of this, the need for smart railway operators who can provide key solutions to keep rail passenger traffic and congestion under control. Therefore, these factors are expected to boost the global smart railways market growth in the near future. Moreover, Introduction of Big Data and the Internet of Things (IoT) in railways is expected to support growth of the market by 2025. Various features are offered by IoT and Big Data such as real-time IoT, monitoring of trains, a mobile-related wake-up call for railway passengers, destination alerts, and passenger information which is also the major reason affecting the market positively.

Key features of the study:

  • This report provides an in-depth analysis of the global smart railway market and provides market size (US$ 78,400.0 Million for 2028) and Compound Annual Growth Rate (19.9%) for the forecast period (2021-2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global smart railway market based on the following parameters - regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key players involved in the global smart railways market are Siemens AG, Ansaldo STS, Huawei Technologies Co. Ltd., Alcatel-Lucent, Asea Brown Boveri (ABB) Limited, Alstom SA, Indra Sistemas, S.A., Cisco Systems, Inc., Bombardier, Inc., General Electric, IBM Corporation, and Hitachi Limited.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global smart railway market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global smart railway market.

Detailed Segmentation:


Global Smart Railway Market, By Offerings:

  • Devices
  • Rail Sensors
  • Video Surveillance Cameras
  • Smart Cards
  • Networking & Connectivity Devices (Router, Wi-Fi, Switches, etc.)
  • Others (Multimedia Displays)
  • Services
  • Professional Services
  • Cloud Services
  • Integration Services
  • Solutions
  • Passenger Information System (PIS)
  • Railway Traffic Management System (RTMS)
  • Advanced Security Management System
  • Smart Ticketing System (STS)
  • Rail Operations Management System
  • Rail Communication & Networking Systems
  • Others (Rail Analytics System and Freight Information System)

Global Smart Railway Market, By Geography:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Company Profiles

  • Siemens AG *
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments
  • Future Plans
  • Ansaldo STS
  • Huawei Technologies Co. Ltd
  • Alcatel-Lucent
  • Asea Brown Boveri (ABB) Limited
  • Alstom SA
  • Indra Sistemas, S.A.
  • Cisco Systems, Inc.
  • Bombardier, Inc.
  • General Electric
  • IBM Corporation
  • Hitachi Limited.
Frequently Asked Questions about the Smart Railway Market

What is the estimated value of the Smart Railway Market?

The Smart Railway Market was estimated to be valued at $21988.0 Million in 2021.

What is the growth rate of the Smart Railway Market?

The growth rate of the Smart Railway Market is 19.9%, with an estimated value of $78400.0 Million by 2028.

What is the forecasted size of the Smart Railway Market?

The Smart Railway Market is estimated to be worth $78400.0 Million by 2028.

Who are the key companies in the Smart Railway Market?

Key companies in the Smart Railway Market include Siemens AG, Ansaldo STS, Huawei Technologies Co. Ltd, Alcatel, Lucent, Asea Brown Boveri (ABB) Limited, Alstom SA, Indra Sistemas and Cisco Systems Inc..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Alcatel-Lucent
  • Alstom SA
  • Ansaldo STS
  • Bombardier Inc.
  • Cisco Systems Inc.
  • General Electric

1. Research Objectives and Assumptions
  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview
  • Report Description
  • Market Definition and Scope
  • Executive Summary
  • Market Snippet, By Devices
  • Market Snippet, By Services
  • Market Snippet, By Solution
  • Market Snippet, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis
  • Market Dynamics
  • Drivers
  • Restraints
  • Market Opportunities
  • Regulatory Scenario
  • Industry Trend
  • Merger and Acquisitions
  • New system Launch/Approvals

4. Global Smart Railways Market, By Devices, 2017-2028 (US$ Million)
  • Introduction
  • Market Share Analysis, 2020 and 2028 (%)
  • Segment Trends
  • Rail Sensors
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • VSC
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • Smart Cards
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • Networking & Connectivity Devices
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • Others
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)

5. Global Smart Railways Market, By Services, 2017-2028 (US$ Million)
  • Introduction
  • Market Share Analysis, 2020 and 2028 (%)
  • Segment Trends
  • Professional Services
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • Cloud Services
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • Integration & Implementation Services
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)

6. Global Smart Railways Market, By Solution, 2017-2028 (US$ Million)
  • Introduction
  • Market Share Analysis, 2020 and 2028 (%)
  • Segment Trends
  • PIS
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • RTMS
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • ASMS
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • Smart Ticketing System
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • Rail Operations Management System
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • Rail Communication & Networking System
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)
  • Others
  • Introduction
  • Market Size and Forecast, 2017-2028, (US$ Million)

7. Global Smart Railways Market, By Region, 2017-2028 (US$ Million)
  • Introduction
  • Market Share Analysis, By Region, 2020 and 2028 (%)
  • North America
  • Regional Trends
  • Market Size and Forecast, By Devices, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Services, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Solution, 2017-2028 (US$ Million)
  • Market Share Analysis, By Country, 2020 and 2028 (%)
  • U.S.
  • Canada
  • Western Europe
  • Regional Trends
  • Market Size and Forecast, By Devices, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Services, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Solution, 2017-2028 (US$ Million)
  • Market Share Analysis, By Country, 2020 and 2028 (%)
  • BENELUX
  • France
  • Germany
  • Italy
  • Nordic
  • Rest of Western Europe
  • Spain
  • UK
  • Eastern Europe
  • Regional Trends
  • Market Size and Forecast, By Devices, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Services, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Solution, 2017-2028 (US$ Million)
  • Market Share Analysis, By Country, 2020 and 2028 (%)
  • Poland
  • Russia
  • Rest of Eastern Europe
  • Asia Pacific Excluding Japan
  • Regional Trends
  • Market Size and Forecast, By Devices, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Services, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Solution, 2017-2028 (US$ Million)
  • Market Share Analysis, By Country, 2020 and 2028 (%)
  • Australia & New Zealand
  • China
  • India
  • Rest of APEJ
  • Japan
  • Regional Trends
  • Market Size and Forecast, By Devices, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Services, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Solution, 2017-2028 (US$ Million)
  • Latin America
  • Regional Trends
  • Market Size and Forecast, By Devices, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Services, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Solution, 2017-2028 (US$ Million)
  • Market Share Analysis, By Country, 2020 and 2028 (%)
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East and Africa
  • Regional Trends
  • Market Size and Forecast, By Devices, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Services, 2017-2028 (US$ Million)
  • Market Size and Forecast, By Solution, 2017-2028 (US$ Million)
  • Market Share Analysis, By Country, 2020 and 2028 (%)
  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

8. Competitive Landscape
  • Company Profiles
  • Siemens AG
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Ansaldo STS
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Huawei Technologies Co. Ltd.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Alcatel-Lucent
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Asea Brown Boveri (ABB) Limited
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Alstom SA
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Indra Sistemas, S.A.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Cisco Systems, Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Bombardier, Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • General Electric
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • IBM Corporation
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Hitachi Limited
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates

9. Section
  • References
  • Research Methodology
  • About us and Sales Contact
Note: Product cover images may vary from those shown
  • Siemens AG
  • Ansaldo STS
  • Huawei Technologies Co. Ltd
  • Alcatel-Lucent
  • Asea Brown Boveri (ABB) Limited
  • Alstom SA
  • Indra Sistemas
  • S.A.
  • Cisco Systems Inc.
  • Bombardier Inc.
  • General Electric
  • IBM Corporation
  • Hitachi Limited.
Note: Product cover images may vary from those shown