Comprehensive Analys

iCrowdNewswire   Feb 15, 2021  7:00 AM ET

Global Smart Railway Market

Smart railways are defined as a technologically advanced solution and services which helps to manage railways operations via sharing of rail data across rail infrastructure components like control centers, ticketing department, freight, and passengers. It is an integration of the latest technologies such as IoT, machine learning, big data, cloud, analytics, global positioning systems, and artificial intelligence to make rail operations more efficient and accurate. These railways integrate information & communication technology to the railway infrastructure and provide new generation solutions and services for rail transportation and operations.

The increase in integration of Internet of Things (IoT) technology in railway is one of the prominent factors which expected to drive the global smart railway market growth. The growing introduction of metro and high-speed rail projects, smart transportation, and smart cities across the globe will positively influence the market growth. Also, the rise in government support for the railways is propelling the global smart railway market growth. Besides, there is a raised population and change in lifestyle, the increase in concerns regarding safety and security among trotters and growing urbanization are some major driving factors contributing to the global smart railway market growth over the forecast period. Improving railway infrastructure with IoT and big data, government initiatives, and environmental awareness among transportation providers, and a high degree of technological advancements in railways are major market trends.

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The High initial cost of deploying the system in the rail transport is expected to hamper the global smart railway market growth. Installation of smart railway system requires huge investment from the government. Thus, lack of government initiatives in developing regions may limit the market growth.

Market Key Players

Various key players are discussed in this report such as ABB Ltd, BOMBARDIER INC., Alstom, Siemens AG, IBM, Huawei Technologies Co., Ltd, Cisco Systems, Inc., Hitachi, Aitek S.P.A., etc.

Market Taxonomy

By System

Passenger Information System

Smart Safety & Security Monitoring System

Rail & Freight Operations Management System

Smart Ticketing System

Rail Analytics System

Others

By Offering Type

Services

Solutions

Components & Devices

By Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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Global Smart Railway Market TOC

1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope

2 Research Methodology

2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources

3 Executive Summary
4 Global Smart Railway Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 Global Smart Railway Market, By System
5.1 Y-o-Y Growth Comparison, By System

5.2 Global Smart Railway Market Share Analysis, By System

5.3 Global Smart Railway Market Size and Forecast, By System
5.3.1 Passenger Information System

5.3.2 Smart Safety & & Security Monitoring System

5.3.3 Rail & Freight Operations Management System

5.3.4 Smart Ticketing System

5.3.5 Rail Analytics System

5.3.6 Others

6 Global Smart Railway Market, By Offering Type
6.1 Y-o-Y Growth Comparison, By Offering Type

6.2 Global Smart Railway Market Share Analysis, By Offering Type

6.3 Global Smart Railway Market Size and Forecast, By Offering Type
6.3.1 Services

6.3.2 Solutions

6.3.3 Components & Devices

7Global Smart Railway Market, By Region
7.1 Global Smart Railway Market Share Analysis, By Region

7.2 Global Smart Railway Market Share Analysis, By Region

7.3 Global Smart Railway Market Size and Forecast, By Region

8North America Smart Railway Market Analysis and Forecast (2020 – 2027)
8.1 Introduction

8.2 North America Smart Railway Market Share Analysis, By System

8.3 North America Smart Railway Market Size and Forecast, By Offering Type

8.4 North America Smart Railway Market Size and Forecast, By Country

8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico

9Europe Smart Railway Market Analysis and Forecast (2020 – 2027)
9.1 Introduction

9.2 Europe Smart Railway Market Share Analysis, By System

9.3 Europe Smart Railway Market Size and Forecast, By Offering Type

9.4 Europe Smart Railway Market Size and Forecast, By Country

9.4.1 Germany
9.4.2 France
9.4.3 UK

9.4.4. Rest of Europe

10Asia Pacific Smart Railway Market Analysis and Forecast (2020 – 2027)
10.1 Introduction

10.2 Asia Pacific Smart Railway Market Share Analysis, By System

10.3 Asia Pacific Smart Railway Market Size and Forecast, By Offering Type

10.4 Asia Pacific Smart Railway Market Size and Forecast, By Country

10.4.1 China
10.4.2 Japan
10.4.3 India

10.4.4. Rest of Asia Pacific

11Latin America Smart Railway Market Analysis and Forecast (2020 – 2027)
11.1 Introduction

11.2 Latin America Smart Railway Market Share Analysis, By System

11.3 Latin America Smart Railway Market Size and Forecast, By Offering Type

11.4 Latin America Smart Railway Market Size and Forecast, By Country

12Middle East Smart Railway Market Analysis and Forecast (2020 – 2027)
12.1 Introduction

12.2 Middle East Smart Railway Market Share Analysis, By System

12.3 Middle East Smart Railway Market Size and Forecast, By Offering Type

12.4 Middle East Smart Railway Market Size and Forecast, By Country

13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies

14Company Profiles

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