Railway Management System Market Growth Report, Size and analysis

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Railway Management System Market to 2027 - Global Analysis and Forecasts by Solution (Traffic Management System, Operations Management System, Railway Reservation System, Passenger Information System, Maintenance Management System, and Others); Services (Managed Services and Professional Services); Deployment Type (On-premise and Cloud)

Publication Month: Nov 2019 | Report Code: TIPTE100001317 | No. of Pages: 170 | Category: Technology, Media and Telecommunications | Status: Published

[Research Report] The railway management system market expected to grow from US$ 16,434.5 million in 2019 to US$ 43,416.4 million by 2027; it is estimated to grow at a CAGR of 12.9% from 2019 to 2027.

Expanding network of rail freight transport is attributing to the growth of the market. Globalization has led to increasing domestic and international trade relations between the nations. Further, as many international companies lean towards globalization and market expansions, operational challenges have become more complex than ever. The complexities have multiplied mainly due to the diverse nature of consumer demands observed in different regions of the world pertaining to any product. Further, the logistics industry gathered pace in the early part of this decade with advancements in the infrastructures, as well as increasing internet penetration among the users. Increased competitiveness in the industry is the major reason for the third party investing in automation and digitization. The increasing developments in the rail freight transportation is projected to create new growth avenues for the overall railway management system market

Lucrative Regions in Railway Management System Market

Lucrative Regions in Railway Management System Market

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Market Insights–Railway Management System Market

Proliferation of smart cities across the world

The intensifying trend of building smart cities and smart transportation networks denotes a burgeoning impact on the market for railway management system as most of the advancements are revolving around the public transportation networks. These systems aid in implementation of advanced data and technology in order to improve the sustainability, mobility, and efficiency of the railway networks. Recently, the Indian Ministry of Railways had entered into a strategic alliance with the Ministry of Urban Development to ensure development of smart stations as a part of India’s ongoing mission of Smart Cities. Under this, there are over 400 stations in India being redeveloped for providing advanced facilities and easier access.

Solution -Based Insights

Based on solution, the railway management system market is segmented into traffic management systems, railway reservation systems, operations management systems, passenger information systems, maintenance management systems, and others. The traffic management system segment held the largest market share in 2018.

Strategic Insights

Report Coverage - Railway Management System Market
Report CoverageDetails
Market Size Value inUS$ 16,434.5 Million in 2019
Market Size Value byUS$ 43,416.4 Million by 2027
Growth rateCAGR of 12.9% from 2020-2027
Forecast Period2020-2027
Base Year2020
No. of Pages170
No. of Tables82
No. of Charts & Figures74
Historical data availableYes
Segments coveredSolution ; Services ; Deployment Type
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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Players operating in the railway management system market are mainly focused on the development of advanced and efficient products.

  • In 2019, To support next generation rail signaling engineers and operators in gaining experience in safely managing passenger and freight rail traffic, the Pittsburgh-based Hitachi Rail STS USA has partnered with a Rail Transportation Engineering (RTE) program at Penn State Altoona. Under this, the company has donated MicroLok Wayside Control System that is used to perform both vital and nonvital management of signaling systems.
  • In 2018, Bombardier Transportation has conducted a first tests of the latest wayside software of the ERTMS Level 2 solution, dubbed Baseline 3 Release 2. The pilot experiment of the BOMBARDIER INTERFLO 450 solution held on August 2018 on Sweden’s ERTMS test track as a part of the preparations for national rail upgrade with Europe.

The railway management system market has been segmented as follows:

Railway Management System Market – by Solution

  • Traffic Management System
  •  Operations Management System
  •  Railway Reservation System
  •  Passenger Information System
  •  Maintenance Management System
  •  Others

Railway Management System Market – by Services                               

  • Professional Services
  • Managed Services

Global Railway Management System Market – By Deployment Type

  • On-premises
  • Cloud

Railway Management System Market – by Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • Russia
    • U.K
    • Rest of Europe
  • Asia Pacific (APAC)

    • Japan
    • China
    • Australia
    • India
    • South Korea
    • Rest of APAC
  • Middle East and Africa (MEA)

    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Argentina
    • Rest of SAM

Railway Management System Market – Company Profiles

  • Bombardier, Inc
  • DXC Technology Company
  • EKE-Electronics Ltd
  • General Electric Company
  • Hitachi, Ltd.
  • Huawei Technologies Co., Ltd.
  • Indra Sistemas S.A.
  • OptaSense
  • Siemens AG
  • Thales Group

The List of Companies

  1. Bombardier, Inc.
  2. DXC Technology Company
  3. EKE-Electronics Ltd
  4. General Electric Company
  5. Hitachi, Ltd.
  6. Huawei Technologies Co., Ltd.
  7. Indra Sistemas S.A.
  8. OptaSense
  9. Siemens AG
  10. Thales Group
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global railway management system market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global railway management system market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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