Global Railway System Industry to 2027

DUBLIN, July 4, 2022 /PRNewswire/ — The report “Railway System Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” has been added to from offer.

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The global rail system market reached a value of US$25.8 billion in 2021. Looking ahead, the publisher expects the market to reach US$34.4 billion by 2027, posting a CAGR of 4.91% over the period 2021-2027. Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic. This information is included in the report as a major market contributor.

Railway system refers to an organized arrangement that is responsible for managing the transportation of passenger and freight trains such as rail, monorail, scenic railway, subway, metro, cable, and railway. raised iron. Over the years, rail transportation has become one of the most reliable modes of transportation when it comes to safety and security.

The rail system integrates technology with operations to streamline functions and improve consumer satisfaction. It helps manage arrivals, departures, revenue, ticketing and cargo handling functions. In addition, advanced rail systems use digital communications for disaster management and on-train processing to track the speed and location of other trains.

Growing urbanization and widespread digitalization across the globe are some of the major drivers for the growth of the market. Population growth and increased spending capabilities have increased the demand for personal mobility across the world. Consumers are increasingly adopting public transportation, such as high-speed trains and subways to get around and avoid traffic jams on the road.

Additionally, the demand for dynamic and fast transportation systems by the rolling stock industry is also driving the market. Developing countries largely depend on effective asset and fleet management systems for remote diagnostics, asset planning, and long-range tracking services.

Additionally, the integration of automation and Internet of Things (IoT) technologies in railway systems is positively impacting the growth of the market. Rail systems are combined with big data analytics solutions to control and manage communication systems, which help operators identify faulty components and prevent failures. Moreover, the implementation of favorable government policies supporting the emerging trend of smart cities is also expected to boost the market in the coming years.

Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the major players being ABB Ltd., Alstom, American Equipment Company, Bombardier Inc., Calamp Corporation, Construcciones y Auxiliar de Ferrocarriles, CRRC Corporation Limited, Fuji Electric, General Electric. Company, Hitachi Ltd., Hyundai Rotem Company, Ingeteam Power Technology, Medcom, Mitsubishi Heavy Industries Ltd., Siemens Aktiengesellschaft, Skoda Transportation, Strukton Groep NV, etc.

Answers to key questions in this report:

  • How has the global rail system market behaved so far and how will it behave in the coming years?

  • What are the industry’s main regional markets?

  • What has been the impact of COVID-19 on the global Rail System Market?

  • What is the breakdown of the market according to the type of transit?

  • What is the market breakdown by type of system?

  • What is the market breakdown by application?

  • What are the different stages of the industry value chain?

  • What are the key drivers and challenges in the industry?

  • What is the structure of the global railway system industry and who are the main players?

  • How competitive is the industry?

Main topics covered:

1 Preface

2 Scope and methodology
2.1 Objectives of the study
2.2 Stakeholders
2.3 Data sources
2.3.1 Primary sources
2.3.2 Secondary sources
2.4 Market Estimation
2.4.1 Bottom-up approach
2.4.2 Top-down approach
2.5 Forecasting methodology

3 Executive summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global Rail System Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakdown by Transit Type
6.1 Conventional
6.1.1 Market trends
6.1.2 Main types Diesel locomotive Electric locomotive Electro-diesel locomotive Coaches
6.1.3 Market Forecast
6.2 Fast
6.2.1 Market trends
6.2.2 Main types Diesel multiple unit (DMU) Electric multiple unit (EMU) Light rail/tramway
6.2.3 Market Forecast

7 Market Breakdown by System Type
7.1 Auxiliary power system
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Train information system
7.2.1 Market trends
7.2.2 Market Forecast
7.3 Propulsion system
7.3.1 Market trends
7.3.2 Market Forecast
7.4 Train safety system
7.4.1 Market trends
7.4.2 Market Forecast
7.5 HVAC system
7.5.1 Market trends
7.5.2 Market Forecast
7.6 On-board vehicle control
7.6.1 Market trends
7.6.2 Market Forecast

8 Market Breakdown by Application
8.1 Transport of goods
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Passenger transport
8.2.1 Market trends
8.2.2 Market Forecast

9 Market Breakdown by Region

10 SWOT Analysis

11 Value chain analysis

12 Analysis of the five forces of carriers

13 price indicators

14 Competitive landscape
14.1 Market structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ABB Ltd. Company Overview Product portfolio Finance SWOT Analysis
14.3.2 Altom Presentation of the company Product portfolio Finance SWOT Analysis
14.3.3 American Equipment Company Company Overview Product portfolio
14.3.4 Bombardier Inc. Company Overview Product portfolio Finance SWOT Analysis
14.3.5 Calamp Company Company Overview Product Portfolio Finance SWOT Analysis
14.3.6 Constructions and Auxiliaries of Railroads Company Overview Product portfolio Finance
14.3.7 CRRC Corporation Ltd. Company Overview Product portfolio Finance
14.3.8 Electric Fuji Company Overview Product Portfolio Finance SWOT Analysis
14.3.9 General electricity company Company Overview Product Portfolio Finance SWOT Analysis
14.3.10 Hitachi Ltd. Company Overview Product Portfolio Finance SWOT Analysis
14.3.11 Hyundai Rotem Company Company Overview Product portfolio Finance
14.3.12 Ingeteam Power Technology Company Overview Product Portfolio Finance
14.3.13 Medicom Company Overview Product portfolio
14.3.14 Mitsubishi Heavy Industries Ltd. Company Overview Product Portfolio Finance SWOT Analysis
14.3.15 Siemens Aktiengesellschaft Company Overview Product portfolio Finance SWOT Analysis
14.3.16 Transport Skoda Company Overview Product portfolio
14.3.17 Strukton Group SA Company Overview Product portfolio Finance

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