1. Market Research
  2. > Transportation
  3. > Rail Transportation Market Trends
Smart Railways Market by Solution, Component, Service, and Region - Global Forecast to 2021

Smart Railways Market: Global Forecast until 2021

  • November 2016
  • 163 pages
  • ID: 4412109
In this report:
Europe is estimated to have the largest market size of USD ##.## million in 2016 and is projected to reach USD ##.## million by 2021, at a CAGR of ##.##%, while Latin America is expected to project the highest CAGR of ##.##% during the forecast period.
Europe is estimated to have the largest market size of USD ##.## million in 2016 and is projected to reach USD ##,##.## million by 2021, at a CAGR of ##.##%, while APAC is expected to project the highest CAGR of ##.##% during the forecast period.

Summary

Table of Contents

Search Inside

"Increasing trends of smart cities is the main factor projected to drive the increase of the smart railways market"

The smart railways market size is projected to be ~$10.5B in 2016 and is projected to extend ~$20.6B by 2021, at a compound annual growth rate of 14.40 percent from 2016 to 2021, due to the need of smart cities for better infrastructure, services, quick operational activities in public services, and transportation services. Government bodies are striving for the betterment of the transport infrastructure systems as it replicates the development of the economy. The restraints of the smart railways market contain operational efficiency & growing congestion, high initial cost of deployment & capacity, and lack of ICT infrastructure & interoperability.

"Rail analytics is forecasted to be the quickest developing market during the estimate period"

The rail analytics system is anticipated to grow at the highest compound annual growth rate (CAGR) during the forecast period due to the increase of demographic rise and hyper-urbanization. Additionally to that, the cloud-based services, analytics, and mobile internet technologies demand are rising due to their efficient IT management and reliable security environment.

"Europe (EU) is forecasted to dominate the sector during the outlook period"

With regards to the geographic review, EU is likely to benefit from its technological advancements, big number of smart devices, strong government regulations, and followed by high usage of big data analytics, predictive and sensor analytics across all the railways sector.

Asia Pacific (APAC) is anticipated to lead the smart railways market by area between 2016 and 2021. The rise can be accredited to the overall competition, growing penetration of smart devices, connected machines, and rising investment in smart cities.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main industry personnel. The break-up profile of primary discussion participants is presented below:

- By Company Type: Tier-1 (42.0 percent), Tier-2 (33.0 percent), and Tier-3 (25.0 percent)

- By Description: C-suite (75 %) and Grade of manager (25 %)

- By Area: North America continent (43 %), Europe (EU) (29 %), Asia-Pac (18 %), and Rest of World (10.0 percent)

Segment Research

The overall smart railways market has been split on the basis of solutions, components, services, and territories. An in-depth study of the regions has been done to furnish business insights into the potential future business opportunities in different areas. Moreover to this, product portfolio review, value chain study, and strategic benchmarking are some of the other MarketsandMarkets review included in the study.

Why Purchasing This Study Can Help You:

This study will help the industry leaders (and new entrants) in the following aspects:

1. This document breaks down the smart railways market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across several verticals and localities.

2. The market research benefits the partners comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate the partners to better find out the players and obtain additional insights to better their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers & acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Bullet Train/High-Speed Rail Market by Speed in Km/H, Track Length, Technology, Application, Propulsion, Component And Region - Global Forecast to 2025

Bullet Train/High-Speed Rail Market: Global Forecast until 2025

  • $ 5650
  • Industry report
  • March 2018
  • by MarketsandMarkets

The need for rapid mass transit to reduce traffic congestion and journey time is estimated to drive the bullet train/high-speed rail market.The bullet train/high-speed rail market, in terms of volume, ...

Autonomous Train Market by Level of Automation, Technology, Application, Component, Train Type, Track Length And Region - Global Forecast to 2030

Autonomous Train Market: Global Forecast until 2030

  • $ 5650
  • Industry report
  • May 2018
  • by MarketsandMarkets

The increasing demand for a safe, secure, and efficient mode of transportation is expected to drive the autonomous train market.The autonomous train market, in terms of volume, is projected to grow at ...

Global Passenger Rail Industry Profile & Value Chain Analysis

Global Passenger Rail Industry Profile & Value Chain Analysis Company Report

  • $ 495
  • Industry report
  • May 2018
  • by MarketLine

Global Passenger Rail Industry Profile & Value Chain AnalysisSummaryGlobal Passenger Rail industry profile provides top-line qualitative and quantitative summary information including: market size (value ...


ref:plp2016

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on