1. Market Research
  2. > Transportation
  3. > Rail Transportation Market Trends
Connected Rail Market by Service, Rail signaling system, Rolling Stock, and Region - Global forecast to 2022

Connected Rail Market by Service, Rail signaling system, Rolling Stock, and Region - Global forecast to 2022

  • June 2017
  • 175 pages
  • ID: 4944753
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

“Increasing concerns of safety & security, continuous increasing population, and growing urbanization gives the thrust for connected rail growth”
The connected rail market was estimated to be USD 77.27 billion in 2017 and is projected to reach USD 105.44 billion by 2022, at a CAGR of 6.42%. The growing urbanization, continuous growth in population in metro cities, and congested roads have directly increased the demand for public transport like railways, which directly boost the market for connected rail. The connected public transportation also provides efficient traffic management and convenient traveling experience, but the slow growth in developing countries would affect the overall growth of connected railway market.

“Technology swap: The benchmark of the normal communication systems to CBTC”
The Computer Based Train Control (CBTC) are upgraded system of typical old-block signaling system. The CBTC equipped train are capable of calculating, communicating, and providing update through radio to the wayside equipment distributed along the line. CBTC system allows the optimal utilization of the existing rail infrastructure in achieving maximum capacity and minimum headway between operating trains, while maintaining the safety requirements. These technology have fueled the growth of connected rail technology.

“Rail Industry is moving towards reducing downtime of trains, through predictive maintenance”
Every industry requires maintenance schedule after certain period, in order to ensure things are on the flow without any constraints. The railway industry, where before practicing preventive maintenance at the early stage, later on shifted to predictive maintenance, which optimized management of spares and inventories parts, real time monitor of rail, reduction of down time and delays. Reducing downtime and early prediction of maintenance are the key to the efficient rail transport, which directly drives the connected rail market.

“Asia-Pacific market plays very important role in connected rail growth”
The region consists of major rail and technology manufacturing companies and foreign players, in countries like China, Japan, India, and South Korea which supports the growth of connected rail market. The Asia-Pacific region is projected to be the largest market share holder in the year 2022, for connected rail market, in terms of value. The growing urbanization in India, China and Japan, smart city projects, Chinese policy of 'One Belt and One Road’, among others is estimated to further register high growth rate in the connected rail market in the region.

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

• By Company Type - OEM - 56%, Tier 1 - 19%, Tier 2 - 25%
• By Designation - C level - 40%, D level - 24%, Others - 36%
• By Region - North America - 16%, Europe - 25%, Asia-Pacific - 30%, RoW - 29%


Major players profiled in the report are:
• Wabtec Corporation (U.S.)
• Siemens AG (Germany)
• Hitachi Limited (Japan)
• Calamp Corp.(U.S.)
• Trimble, Inc. (U.S.)
• IBM Corp. (U.S.)
• Robert Bosch GmbH (Germany)
• Huawei Technologies Co. Ltd (China)
• Cisco Systems, Inc. (U.S.)
• Nokia Corp. (Finland)
• Atos SE (France)
• Tech Mahindra (India)
• Sierra Wireless Inc. (U.S.)


Research Coverage:
The report segments the market for connected rail based on rail services type. The connected rail, based on rail services type has been segmented into passenger mobility & services, passenger information system, train tracking & monitoring solutions, automated fare collection system, IP video surveillance, predictive maintenance and among the others. Further connected rail segmented into by rolling stock, the segment includes diesel locomotive, electric locomotive, DMU, EMU, light rail/tram car, subway/metro vehicle, passenger coach, and freight wagon. The connected rail again segmented by connected safety and signaling system, includes positive train control, communication/computer based train control and automatic/integrated train control and by region (Asia-Pacific, Europe, North America, and ROW).


Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall connected rail market and their subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

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.

ref:plp2017

Reportlinker.com © Copyright 2020. 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