Rail maintenance management systems are one of the rising technologies that can make the rail infrastructure digitalized and boosts safety in train management. These systems provide refined and controlled operations, data analytics, asset management, energy management, and passenger & staff information management. It often allows for disaster management, which is of utmost imperative for the protection of assets and human lives. As a result, it can reduce operating costs, optimize efficiency of current assets of a company, and boost service offering and efficiency. Furthermore, safety and reliability in train management are of crucial importance, most automation trends and IoT applications in rail are dedicated to safety and security. Hence, rail operators are deploying rail maintenance management system as it can control collision, control train speed, and monitor track conditions, among others. In addition, suppliers are often integrating emerging technologies, such as AI, machine learning, Big Data, and more, to reap the benefits of real-time monitoring in train management systems. Thus, it has a potential impact on improving passenger comfort and safety, which in turn, boosts the rail infrastructure.
Growing trend of IoT and digitalization in rail transport, favorable government policies, and rising investments in expanding railway infrastructure are the major factors accelerating the growth of rail maintenance management system market. Moreover, increase in rate in development of smart cities and smart railway projects fuel the market growth during the forecast period. However, high initial and maintenance cost of rail maintenance management systems, as well as data security and privacy concern related to IoT devices are some of the factors that hinder the market growth. Moreover, surging adoption of cloud and Industry 4.0 technologies transforming the railway industry and untapped potential of emerging economies is expected to create lucrative growth opportunities for the market during the forecast period.
The rail maintenance management system market is segmented on the basis of component, deployment mode, type, and region. By component, it is categorized into solution and services (consulting, system integration, and support & maintenance). By deployment mode, it is segmented into on-premise and cloud. By type, it is bifurcated into facility maintenance, rolling stock maintenance, track maintenance, signaling system maintenance, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA region.
The report includes a comprehensive analysis of the key players operating in the rail maintenance management system market, such as Cisco Systems, Inc., IBM Corporation, ABB Group, Hitachi Rail Limited, Siemens Mobility GmbH, Toshiba Infrastructure Systems & Solutions Corporation, Trimble Inc., Alstom S.A., RailnovaSA, and Thales Group.
Growing trend of IoT and digitalization in rail transport, favorable government policies, and rising investments in expanding railway infrastructure are the major factors accelerating the growth of rail maintenance management system market. Moreover, increase in rate in development of smart cities and smart railway projects fuel the market growth during the forecast period. However, high initial and maintenance cost of rail maintenance management systems, as well as data security and privacy concern related to IoT devices are some of the factors that hinder the market growth. Moreover, surging adoption of cloud and Industry 4.0 technologies transforming the railway industry and untapped potential of emerging economies is expected to create lucrative growth opportunities for the market during the forecast period.
The rail maintenance management system market is segmented on the basis of component, deployment mode, type, and region. By component, it is categorized into solution and services (consulting, system integration, and support & maintenance). By deployment mode, it is segmented into on-premise and cloud. By type, it is bifurcated into facility maintenance, rolling stock maintenance, track maintenance, signaling system maintenance, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA region.
The report includes a comprehensive analysis of the key players operating in the rail maintenance management system market, such as Cisco Systems, Inc., IBM Corporation, ABB Group, Hitachi Rail Limited, Siemens Mobility GmbH, Toshiba Infrastructure Systems & Solutions Corporation, Trimble Inc., Alstom S.A., RailnovaSA, and Thales Group.
Key Benefits for Stakeholders
- The study provides in-depth analysis of the rail maintenance management system market along with the current & future trends to illustrate the imminent investment pockets.
- Information about key drivers, restrains, & opportunities and their impact analysis on the rail maintenance management system market size are provided in the report.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the rail maintenance management system market from 2021 to 2031 is provided to determine the market potential.
Key Market Segments
By Component
- Solution
- Service
- Services
- Consulting
- System Integration and Deployment
- Support and Maintenance
By Deployment Mode
- On-Premise
- Cloud
By Type
- Others
- Facility Maintenance
- Rolling Stock Maintenance
- Track Maintenance
- Signalling System Maintenance
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- IBM CORPORATION
- ABB
- CISCO
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: RAIL MAINTENANCE MANAGEMENT SYSTEM MARKET, BY COMPONENT
4.1 Overview
4.1.1 Market size and forecast
4.2 Solution
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 Service
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
4.3.4 Service Rail Maintenance Management System Market by Services
4.3.4.1 Consulting Market size and forecast, by region
4.3.4.2 Consulting Market size and forecast, by country
4.3.4.3 System Integration and Deployment Market size and forecast, by region
4.3.4.4 System Integration and Deployment Market size and forecast, by country
4.3.4.5 Support and Maintenance Market size and forecast, by region
4.3.4.6 Support and Maintenance Market size and forecast, by country
CHAPTER 5: RAIL MAINTENANCE MANAGEMENT SYSTEM MARKET, BY DEPLOYMENT MODE
5.1 Overview
5.1.1 Market size and forecast
5.2 On-Premise
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 Cloud
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
CHAPTER 6: RAIL MAINTENANCE MANAGEMENT SYSTEM MARKET, BY TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Facility Maintenance
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Rolling Stock Maintenance
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Track Maintenance
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Signalling System Maintenance
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
6.6 Others
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market analysis by country
CHAPTER 7: RAIL MAINTENANCE MANAGEMENT SYSTEM MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Component
7.2.2.1 North America Service Rail Maintenance Management System Market by Services
7.2.3 North America Market size and forecast, by Deployment Mode
7.2.4 North America Market size and forecast, by Type
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Component
7.2.5.1.1.1 U.S. Service Rail Maintenance Management System Market by Services
7.2.5.1.2 Market size and forecast, by Deployment Mode
7.2.5.1.3 Market size and forecast, by Type
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Component
7.2.5.2.1.1 Canada Service Rail Maintenance Management System Market by Services
7.2.5.2.2 Market size and forecast, by Deployment Mode
7.2.5.2.3 Market size and forecast, by Type
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Component
7.3.2.1 Europe Service Rail Maintenance Management System Market by Services
7.3.3 Europe Market size and forecast, by Deployment Mode
7.3.4 Europe Market size and forecast, by Type
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Market size and forecast, by Component
7.3.5.1.1.1 U.S.rvice Rail Maintenance Management System Market by Services
7.3.5.1.2 Market size and forecast, by Deployment Mode
7.3.5.1.3 Market size and forecast, by Type
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Component
7.3.5.2.1.1 Germany Service Rail Maintenance Management System Market by Services
7.3.5.2.2 Market size and forecast, by Deployment Mode
7.3.5.2.3 Market size and forecast, by Type
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Component
7.3.5.3.1.1 France Service Rail Maintenance Management System Market by Services
7.3.5.3.2 Market size and forecast, by Deployment Mode
7.3.5.3.3 Market size and forecast, by Type
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Component
7.3.5.4.1.1 Italy Service Rail Maintenance Management System Market by Services
7.3.5.4.2 Market size and forecast, by Deployment Mode
7.3.5.4.3 Market size and forecast, by Type
7.3.5.5 Spain
7.3.5.5.1 Market size and forecast, by Component
7.3.5.5.1.1 Spain Service Rail Maintenance Management System Market by Services
7.3.5.5.2 Market size and forecast, by Deployment Mode
7.3.5.5.3 Market size and forecast, by Type
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Component
7.3.5.6.1.1 Rest of Europe Service Rail Maintenance Management System Market by Services
7.3.5.6.2 Market size and forecast, by Deployment Mode
7.3.5.6.3 Market size and forecast, by Type
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Component
7.4.2.1 Asia-Pacific Service Rail Maintenance Management System Market by Services
7.4.3 Asia-Pacific Market size and forecast, by Deployment Mode
7.4.4 Asia-Pacific Market size and forecast, by Type
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Component
7.4.5.1.1.1 China Service Rail Maintenance Management System Market by Services
7.4.5.1.2 Market size and forecast, by Deployment Mode
7.4.5.1.3 Market size and forecast, by Type
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Component
7.4.5.2.1.1 Japan Service Rail Maintenance Management System Market by Services
7.4.5.2.2 Market size and forecast, by Deployment Mode
7.4.5.2.3 Market size and forecast, by Type
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Component
7.4.5.3.1.1 India Service Rail Maintenance Management System Market by Services
7.4.5.3.2 Market size and forecast, by Deployment Mode
7.4.5.3.3 Market size and forecast, by Type
7.4.5.4 Australia
7.4.5.4.1 Market size and forecast, by Component
7.4.5.4.1.1 Australia Service Rail Maintenance Management System Market by Services
7.4.5.4.2 Market size and forecast, by Deployment Mode
7.4.5.4.3 Market size and forecast, by Type
7.4.5.5 South Korea
7.4.5.5.1 Market size and forecast, by Component
7.4.5.5.1.1 South Korea Service Rail Maintenance Management System Market by Services
7.4.5.5.2 Market size and forecast, by Deployment Mode
7.4.5.5.3 Market size and forecast, by Type
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Component
7.4.5.6.1.1 Rest of Asia-Pacific Service Rail Maintenance Management System Market by Services
7.4.5.6.2 Market size and forecast, by Deployment Mode
7.4.5.6.3 Market size and forecast, by Type
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Component
7.5.2.1 LAMEA Service Rail Maintenance Management System Market by Services
7.5.3 LAMEA Market size and forecast, by Deployment Mode
7.5.4 LAMEA Market size and forecast, by Type
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Component
7.5.5.1.1.1 Latin America Service Rail Maintenance Management System Market by Services
7.5.5.1.2 Market size and forecast, by Deployment Mode
7.5.5.1.3 Market size and forecast, by Type
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Component
7.5.5.2.1.1 Middle East Service Rail Maintenance Management System Market by Services
7.5.5.2.2 Market size and forecast, by Deployment Mode
7.5.5.2.3 Market size and forecast, by Type
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Component
7.5.5.3.1.1 Africa Service Rail Maintenance Management System Market by Services
7.5.5.3.2 Market size and forecast, by Deployment Mode
7.5.5.3.3 Market size and forecast, by Type
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 IBM CORPORATION
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 ABB
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 CISCO
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
List of Tables
Table 1. Global Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 2. Rail Maintenance Management System Market, for Solution, by Region, 2021-2031 ($Million)
Table 3. Rail Maintenance Management System Market for Solution, by Country, 2021-2031 ($Million)
Table 4. Rail Maintenance Management System Market, for Service, by Region, 2021-2031 ($Million)
Table 5. Rail Maintenance Management System Market for Service, by Country, 2021-2031 ($Million)
Table 6. Global Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 7. Rail Maintenance Management System Market, for Consulting, by Region, 2021-2031 ($Million)
Table 8. Rail Maintenance Management System Market, for Consulting, by Country, 2021-2031 ($Million)
Table 9. Rail Maintenance Management System Market, for System Integration and Deployment, by Region, 2021-2031 ($Million)
Table 10. Rail Maintenance Management System Market, for System Integration and Deployment, by Country, 2021-2031 ($Million)
Table 11. Rail Maintenance Management System Market, for Support and Maintenance, by Region, 2021-2031 ($Million)
Table 12. Rail Maintenance Management System Market, for Support and Maintenance, by Country, 2021-2031 ($Million)
Table 13. Global Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 14. Rail Maintenance Management System Market, for On-Premise, by Region, 2021-2031 ($Million)
Table 15. Rail Maintenance Management System Market for On-Premise, by Country, 2021-2031 ($Million)
Table 16. Rail Maintenance Management System Market, for Cloud, by Region, 2021-2031 ($Million)
Table 17. Rail Maintenance Management System Market for Cloud, by Country, 2021-2031 ($Million)
Table 18. Global Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 19. Rail Maintenance Management System Market, for Facility Maintenance, by Region, 2021-2031 ($Million)
Table 20. Rail Maintenance Management System Market for Facility Maintenance, by Country, 2021-2031 ($Million)
Table 21. Rail Maintenance Management System Market, for Rolling Stock Maintenance, by Region, 2021-2031 ($Million)
Table 22. Rail Maintenance Management System Market for Rolling Stock Maintenance, by Country, 2021-2031 ($Million)
Table 23. Rail Maintenance Management System Market, for Track Maintenance, by Region, 2021-2031 ($Million)
Table 24. Rail Maintenance Management System Market for Track Maintenance, by Country, 2021-2031 ($Million)
Table 25. Rail Maintenance Management System Market, for Signalling System Maintenance, by Region, 2021-2031 ($Million)
Table 26. Rail Maintenance Management System Market for Signalling System Maintenance, by Country, 2021-2031 ($Million)
Table 27. Rail Maintenance Management System Market, for Others, by Region, 2021-2031 ($Million)
Table 28. Rail Maintenance Management System Market for Others, by Country, 2021-2031 ($Million)
Table 29. Rail Maintenance Management System Market, by Region, 2021-2031 ($Million)
Table 30. North America Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 31. North America Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 32. North America Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 33. North America Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 34. North America Rail Maintenance Management System Market, by Country, 2021-2031 ($Million)
Table 35. U.S. Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 36. U.S. Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 37. U.S. Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 38. U.S. Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 39. Canada Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 40. Canada Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 41. Canada Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 42. Canada Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 43. Europe Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 44. Europe Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 45. Europe Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 46. Europe Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 47. Europe Rail Maintenance Management System Market, by Country, 2021-2031 ($Million)
Table 48. UK Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 49. U.S.rvice Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 50. UK Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 51. UK Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 52. Germany Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 53. Germany Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 54. Germany Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 55. Germany Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 56. France Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 57. France Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 58. France Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 59. France Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 60. Italy Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 61. Italy Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 62. Italy Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 63. Italy Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 64. Spain Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 65. Spain Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 66. Spain Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 67. Spain Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 68. Rest of Europe Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 69. Rest of Europe Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 70. Rest of Europe Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 71. Rest of Europe Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 72. Asia-Pacific Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 73. Asia-Pacific Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 74. Asia-Pacific Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 75. Asia-Pacific Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 76. Asia-Pacific Rail Maintenance Management System Market, by Country, 2021-2031 ($Million)
Table 77. China Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 78. China Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 79. China Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 80. China Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 81. Japan Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 82. Japan Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 83. Japan Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 84. Japan Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 85. India Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 86. India Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 87. India Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 88. India Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 89. Australia Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 90. Australia Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 91. Australia Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 92. Australia Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 93. South Korea Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 94. South Korea Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 95. South Korea Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 96. South Korea Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 97. Rest of Asia-Pacific Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 98. Rest of Asia-Pacific Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 99. Rest of Asia-Pacific Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 100. Rest of Asia-Pacific Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 101. LAMEA Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 102. LAMEA Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 103. LAMEA Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 104. LAMEA Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 105. LAMEA Rail Maintenance Management System Market, by Country, 2021-2031 ($Million)
Table 106. Latin America Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 107. Latin America Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 108. Latin America Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 109. Latin America Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 110. Middle East Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 111. Middle East Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 112. Middle East Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 113. Middle East Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 114. Africa Rail Maintenance Management System Market, by Component, 2021-2031 ($Million)
Table 115. Africa Service Rail Maintenance Management System Market, by Services, 2021-2031 ($Million)
Table 116. Africa Rail Maintenance Management System Market, by Deployment Mode, 2021-2031 ($Million)
Table 117. Africa Rail Maintenance Management System Market, by Type, 2021-2031 ($Million)
Table 118. IBM Corporation: Company Snapshot
Table 119. IBM Corporation: Operating Segments
Table 120. IBM Corporation: Product Portfolio
Table 121. IBM Corporation: Net Sales
Table 122. IBM Corporation: Key Strategies
Table 123. ABB: Company Snapshot
Table 124. ABB: Operating Segments
Table 125. ABB: Product Portfolio
Table 126. ABB: Net Sales
Table 127. ABB: Key Strategies
Table 128. Cisco: Company Snapshot
Table 129. Cisco: Operating Segments
Table 130. Cisco: Product Portfolio
Table 131. Cisco: Net Sales
Table 132. Cisco: Key Strategies
List of Figures
Figure 1. Rail Maintenance Management System Market Segmentation
Figure 2. Rail Maintenance Management System Market, 2021-2031
Figure 3. Rail Maintenance Management System Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Rail Maintenance Management System Mark.:Drivers, Restraints and Opportunities
Figure 12. Rail Maintenance Management System Market, By Component, 2021(%)
Figure 13. Comparative Share Analysis of Solution Rail Maintenance Management System Market, 2021-2031(%)
Figure 14. Comparative Share Analysis of Service Rail Maintenance Management System Market, 2021-2031(%)
Figure 15. Rail Maintenance Management System Market, By Deployment Mode, 2021(%)
Figure 16. Comparative Share Analysis of On-Premise Rail Maintenance Management System Market, 2021-2031(%)
Figure 17. Comparative Share Analysis of Cloud Rail Maintenance Management System Market, 2021-2031(%)
Figure 18. Rail Maintenance Management System Market, By Type, 2021(%)
Figure 19. Comparative Share Analysis of Facility Maintenance Rail Maintenance Management System Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Rolling Stock Maintenance Rail Maintenance Management System Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Track Maintenance Rail Maintenance Management System Market, 2021-2031(%)
Figure 22. Comparative Share Analysis of Signalling System Maintenance Rail Maintenance Management System Market, 2021-2031(%)
Figure 23. Comparative Share Analysis of Others Rail Maintenance Management System Market, 2021-2031(%)
Figure 24. Rail Maintenance Management System Market by Region, 2021
Figure 25. U.S. Rail Maintenance Management System Market, 2021-2031($Million)
Figure 26. Canada Rail Maintenance Management System Market, 2021-2031($Million)
Figure 27. Uk Rail Maintenance Management System Market, 2021-2031($Million)
Figure 28. Germany Rail Maintenance Management System Market, 2021-2031($Million)
Figure 29. France Rail Maintenance Management System Market, 2021-2031($Million)
Figure 30. Italy Rail Maintenance Management System Market, 2021-2031($Million)
Figure 31. Spain Rail Maintenance Management System Market, 2021-2031($Million)
Figure 32. Rest of Europe Rail Maintenance Management System Market, 2021-2031($Million)
Figure 33. China Rail Maintenance Management System Market, 2021-2031($Million)
Figure 34. Japan Rail Maintenance Management System Market, 2021-2031($Million)
Figure 35. India Rail Maintenance Management System Market, 2021-2031($Million)
Figure 36. Australia Rail Maintenance Management System Market, 2021-2031($Million)
Figure 37. South Korea Rail Maintenance Management System Market, 2021-2031($Million)
Figure 38. Rest of Asia-Pacific Rail Maintenance Management System Market, 2021-2031($Million)
Figure 39. Latin America Rail Maintenance Management System Market, 2021-2031($Million)
Figure 40. Middle East Rail Maintenance Management System Market, 2021-2031($Million)
Figure 41. Africa Rail Maintenance Management System Market, 2021-2031($Million)
Figure 42. Top Winning Strategies, by Year
Figure 43. Top Winning Strategies, by Development
Figure 44. Top Winning Strategies, by Company
Figure 45. Product Mapping of Top 10 Players
Figure 46. Competitive Dashboard
Figure 47. Competitive Heatmap of Top 10 Key Players
Figure 48. Ibm Corporatio.: Net Sales, ($Million)
Figure 49. Ab.: Net Sales, ($Million)
Figure 50. Cisc.: Net Sales, ($Million)
Executive Summary
According to the report, “Rail Maintenance Management System Market," the rail maintenance management system market was valued at $11.1 billion in 2021, and is estimated to reach $31.1 billion by 2031, growing at a CAGR of 11.2% from 2022 to 2031.Rail maintenance management systems are one of the complete maintenance support system for rail infrastructure that enable the autonomous monitoring and diagnose the complex railway system through setting an entirely connected devices and solutions. These solution primarily includes of rail operation management system, rail traffic management system, rail asset management system, rail control system, and rail maintenance management system. It intend to reduce fatalities, delays, and accidents and improve the efficiency of trains. Furthermore, the main focus of positioning of the rail maintenance management system is to effectively manage the train management and reduce the risks related to railway accidents. As a result, rail operators are increasingly deploying rail maintenance management systems to enable security, stability, and cooperation in the rail management process.
Moreover, the changing trends and advancements into the train management process and simplifying passenger and staff comfort with access to service deliveries drive growth of the rail maintenance management system market. However, high implementation maintenance cost associated with rail maintenance, as well as concerns over data security and privacy with IoT devices are expected to restrict the rail maintenance management system market share.
Furthermore, key players operating in the market are expected to develop rail maintenance management system for improved suppliers access to deliver rail maintenance services in real-time. This is further expected to present lucrative opportunities for the rail maintenance management system market analysis as market vendors are introducing novel rail maintenance management system to cater to these new requirements.
On the basis of type, the track maintenance segment had the highest share in 2021. This is attributed to growing pressure to implement effective track maintenance systems for preventing the increased instances of railway accidents and train derailments, which drive growth of the market. In addition, rapid developments of smart city projects, along with the implementation of favorable government policies toward railway digitalization, are anticipated to drive the market growth. Furthermore, facility maintenance segment is expected to grow at the fastest CAGR during the forecast period. This is attributed to the increasing adoption of IoT and automation technologies to improve optimization in rail infrastructure. In addition, the implementation of facility maintenance solutions is growing significantly, as it better controls the operations, asset management, traffic planning, staff & passenger information management, and data analytics, providing lucrative growth opportunities for the rail maintenance management system market.
By region, the rail maintenance management system market was dominated by Europe in 2021, and is expected to maintain this trend during the forecast period, owing to increasing adoption of cloud computing technologies and data & analytics for delivering better performance on rail maintenance and robust availability of leading vendors and their strategic initiatives. Moreover, increasing investment in smart city projects, along with the supportive government legislation for railway traffic congestion are accelerating the growth of the market. However, Asia-Pacific is expected to grow at the fastest CAGR during the forecast period. The region has a proliferation of new technologies that enable increased level of automation in rail infrastructure and real-time monitoring of train operations. Moreover, growing number of smart railway stations to handle security concerns and optimize passenger experience drive market growth in the region. For instance, in September 2021, the government of China is reportedly set to invest about $154 billion to expand the railway network over the planned period between 2021and 2025, supporting urbanization and boosting local economies. Such developments further drive growth of the market.
The rail maintenance management system market was less negatively impacted by the COVID-19 outbreak. The pandemic significantly disrupted the railway operations in 2020, owing to the spread of novel coronavirus has led to restrictions on domestic and international travel. It further instigated a global decline in the demand for passenger transport due to lockdown measures and transport restrictions imposed by national authorities, while enabling rail transport to deliver crucial services. These measures directly impacted the economy of the railway sector, with the partial or complete shutdown of railway activities, particularly international services. As a consequence, demand for rail maintenance management system is expected to experience a significant decline in the short-run. Moreover, customers are presently looking to rail maintenance management system to assist them in preparing for the future beyond COVID-19. Hence, many market vendors are expanding their offerings to improve efforts in tracking and tracing solution. For instance, in November 2020, Bombardier Transportation unveiled its new Bombardier EBI Sense digital service for predictive maintenance. It is a step to harness the benefits of digitalization for boosting railway performance with a special focus on rail signaling systems. Such strategic initiatives create numerous opportunities for high market growth in the forecasting years.
Key Findings of the Study
- By component, the solution segment led the rail maintenance management system industry in terms of revenue in 2021.
- By deployment mode, the on-premise segment led the rail maintenance management system industry in terms of revenue in 2021.
- By type, the track maintenance segment accounted for the highest rail maintenance management system market size in 2021.
- By region, Europe generated the highest revenue in rail maintenance management system market forecast in 2021.
- The key players profiled in the rail maintenance management system industry analysis include, Cisco Systems, Inc., IBM Corporation, ABB Group, Hitachi Rail Limited, Siemens Mobility GmbH, Toshiba Infrastructure Systems & Solutions Corporation, Trimble Inc., Alstom S.A., RailnovaSA, and Thales Group. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Companies Mentioned
- IBM CORPORATION
- ABB
- CISCO
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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