Railway Management System Market by Solution (Train Operation Management, Train Traffic Management) by Services (Intelligent Mobility Services, VPN Services) by Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast 2017 to 2024

Railway Management System Market - Global Industry Analysis and Forecast 2017 to 2024

Railway Management System Market: Summary

The global railway management system market is estimated to reach USD 55.2 Billion by 2024 at a CAGR of 11.7 %.

Railway management system provide various facilities to passenger such as enquiry about the train location, reservation facility, availability of seat, and the delay time of railways. Moreover, railway management system is used for booking and cancellation of ticket and for enquire about the train status, train movements and signaling, as well as planning train routes, and diversions. The adoption of Internet of Thing (IoT) as well as enhancement of technologies is excepted to drive and grow the railway management system market.

Railway Management System Market

 

Railway Management System Market: Drivers & Restraints

Market Drivers:

  • Increase in Demand for Machine Learning

The growing demand in machine learning across railway management system is excepted to boost the market during forecast period by adopting advance machine learning techniques and artificial intelligence technologies. This technology provides various advance services and solutions for solving scheduling and routing issues. Moreover, this system is also useful for providing machinery support and maintenance & transportation management. Demand for machine learning technology in railway management system is increased to manage traffic and increase adoption of smart card & mobile phone in technological platform for forecasting the traffic operations.

  • Growing Adoption for Digitalization

Digitalization offers better and enhanced abilities for driving the market by real-time online reservation system. Moreover, digitalization technology is use for incresing security and enhancing the operational performance. Therefore, the future transportation system must give the solution to fulfil the demand from source to destination with various services and technologies.

Market Restraints:

  • High initial cost of deployment

Railway management system contains high initial installation cost. Major expense is involved in financing the railway management system which may restrain the grow for this market. However, railway management need large initial cost for set up the device and replacement. High operation cost are also reflecting the railway management system market.

Railway Management System Market: Key Segments

  • On the Basis of Solution: Train Operation Management, Train Traffic Management, Rail Transportation & Management, Train Communication Networks, Traffic Management Systems, Passenger service solution and Automatic train operation (ATO)
  • By Services: Intelligent Mobility Services, Virtual Private Network (VPN) Service, Management Services and Consulting
  • Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Railway Management System Market: Report Scope

The report on the railway management system market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2017-2024

Base Year for Market Calculation

2018

Forecasted Period

2019-2024 (2019 estimated year, forecasted up to 2024)

Measured Units

Value (USD Million)

Segments Included

Solution, Services, End User and Region

Regional Coverage

Asia-Pacific, North America, Europe, Middle East & Africa and South America

Key Companies Covered

  • ABB Ltd. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Alstom
  • Cisco Systems, Inc.
  • GENERAL ELECTRIC
  • IBM Corporation
  • Hitachi, Ltd.
  • Huawei Technologies Co., Ltd.
  • Thales Group
  • Siemens AG
  • Other Key Companies

Railway Management System Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Railway Management System Market, by Solution

  • Train Operation Management
    • Automatic Route-Setting Control
    • Real-time Train Diagram
    • Optimized Traffic Planning and Route Setting
  • Train Traffic Management
    • Tracking Function
    • Route Setting Function
  • Rail Transportation & Management
  • Train Communication Networks
  • Traffic Management Systems
    • Traffic Planning
    • Operation Management System
  • Passenger service solution
  • Automatic train operation (ATO)

Railway Management System Market, by Services

  • Intelligent Mobility Services
  • Virtual Private Network (VPN) Service
  • Management Services
  • Consulting 

Railway Management System Market, by Region

  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the major developments impacting the global market and its growth?
  • What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key global players operating in the market?
  • How are the major players leveraging in the existing global market conditions?

Report Audience

  • Railway Management System Market Providers
  • Railway Management System Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Railway Management System Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE RAILWAY MANAGEMENT SYSTEM MARKET STUDY

1      INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2      RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3      EXECUTIVE SUMMARY

4      MARKET DYNAMICS

4.1       Introduction

4.2       Drivers

                                 4.2.1.    Increase in Demand for Machine Learning

                                 4.2.2.    Growing Adoption for Digitalization

4.3       Restraints

                                 4.3.1.    High initial cost of deployment

4.4       Opportunities

                                 4.4.1.    Adoption for Driverless and driver technologies

                                 4.4.2.    Rising in Demand for Cloud Technology

                                 4.4.3.    Increasing for Infrastructure Solutions

4.5       Challenges

                                  4.5.1    Complexity in Network Infrastructures

5      INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      RAILWAY MANAGEMENT SYSTEM MARKET BY SOLUTION, Market Size in USD Million (2017—2024)

6.1       Introduction

6.2       Train Operation Management

                                  6.2.1    Automatic Route-Setting Control

                                  6.2.2    Real-time Train Diagram

                                  6.2.3    Optimized Traffic Planning and Route Setting

6.3       Train Traffic Management

                                  6.3.1    Tracking Function

                                  6.3.2    Route Setting Function

6.4       Rail Transportation & Management

6.5       Train Communication Networks

6.6       Traffic Management Systems

                                  6.6.1    Traffic Planning

                                  6.6.2    Operation Management System

6.7       Passenger service solution

6.8       Automatic train operation (ATO)

7      RAILWAY MANAGEMENT SYSTEM MARKET BY SERVICES, Market Size in USD Million (2017—2024)

7.1       Introduction

7.2       Intelligent Mobility Services

7.3       Virtual Private Network (VPN) Service

7.4       Management Services

7.5       Consulting

8      RAILWAY MANAGEMENT SYSTEM MARKET BY REGION, Market Size in USD Million (2017—2024)

8.1       North America

                                 8.1.1.    US

                                 8.1.2.    Canada

                                 8.1.3.    Mexico

8.2       Europe

                                 8.2.1.    Germany

                                 8.2.2.    France

                                 8.2.3.    Italy

                                 8.2.4.    UK

                                 8.2.5.    Spain

                                 8.2.6.    The Netherlands

                                 8.2.7.    Rest of Europe

8.3       Asia-Pacific

                                 8.3.1.    China

                                 8.3.2.    Japan

                                 8.3.3.    India

                                 8.3.4.    South Korea

                                 8.3.5.    Taiwan

                                 8.3.6.    Rest of Asia-Pacific

8.4       Middle East & Africa

                                 8.4.1.    Saudi Arabia

                                 8.4.2.    UAE

                                 8.4.3.    Rest of Middle East & Africa

8.5       South America

                                 8.5.1.    Brazil

                                 8.5.2.    Argentina

                                 8.5.3.    Rest of South America

9      COMPETITIVE LANDSCAPE

9.1       Introduction

9.2       Market Ranking/Share Analysis of Key Companies

9.3       Company Benchmarking

10   COMPANY PROFILES

10.1     ABB Ltd.

                                10.1.1    Company Overview

                                10.1.2    Financial Overview

                                10.1.3    Products/Solutions/Services Offered

                                10.1.4    Key Developments

                                10.1.5    SWOT Analysis

10.2     Alstom

10.3     Cisco Systems, Inc.

10.4     GENERAL ELECTRIC

10.5     IBM Corporation

10.6     Hitachi, Ltd.

10.7     Huawei Technologies Co., Ltd.

10.8     Thales Group

10.9     Siemens AG

10.10  Other Key Companies

11   APPENDIX

11.1     Key Industry Expert Insights

11.2     Primary Discussion Guide

11.3     Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

 

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : ICT 030

Published : January, 2020


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