DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vm7prt/smart_railways) has announced the addition of the "Smart Railways Market (Passenger Information Systems, Freight Information Systems, Rail Traffic Management, Operations Management, Security Monitoring, Communications, Ticketing, Rail Analytics): Worldwide Market Forecasts and Analysis (2013 - 2018)" report to their offering.
The concept of smart railways implies a set of new-generation solutions, services, and modern transportation with the help of Information and Communication Technology (ICT). It combines software products to make more intelligent use of all rail assets so companies can meet the increasing consumer demand for more efficient and safer services.
Trends such as regulation, sustainability, demographics (growing traffic and aging population), economics (limited public funding and price sensitivity), mobility, and Information Technology (IT) innovations are impacting the rail industry. As a result, every aspect of the value chain - from passenger service to the back-end organization - is changing.
The main long-term drivers of the railway market are linked with economic and demographic growth in the emerging markets. In mature markets, they are related to the renewal and upgrading of existing infrastructures, as well as increased environmental and sustainability awareness. In spite of the recent global economic downturn with slower growth and governments' mounting deficits, the long-term outlook for the railway industry remains positive, with investments in rail and urban transport projects not being significantly impacted.
The future rail industry is expected to rely upon smarter transportation systems that leverage technologies over larger rail network infrastructure. New technologies include integrated service management solutions, asset management software, and predictive analytic tools which are expected to help rail management companies to manage optimal routes, schedules, and capacities in near real-time.
With the increasing presence of smart technologies in the rail transportation, the associated solutions and services market will grow at higher growth rates globally. The emerging technologies such as smart ticketing, rail analytics, cloud adoption, smart traffic, and operation solutions will enable efficient and better rail infrastructure. It will also improve timely decision-making for issues such as asset deployment, utilization, and maintenance.
Rail executives must strive to meet the demand for rail systems that are integrated into the global economy, competitive with other transportation systems, and flexible enough to meet global trade and passenger demands.
Smart rail infrastructure is expected to lead to an expanded rail ecosystem, asset optimization, new revenue model opportunities, and new ways to serve customers.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Smart Railways: Market Size, Analysis and Forecast By Solutions
5 Smart Railways: Market Size, Analysis and Forecast By Devices and Components
6 Smart Railways: Market Size, Analysis and Forecast By Services
7 Smart Railways: Recent and Ongoing Projects
8 Smart Railways: Market Size, Analysis and Forecast By Regions
9 Smart Railways: Market Landscape
10 Company Profiles (MNM, Overview, Products & Services, Financials, Strategy & Insights) *
List of Tables (105 Tables)
List of Figures (33 Figures)
- ABB Ltd
- Aeg Belgium SA/NV
- Alcatel-Lucent International
- Alstom SA
- Amadeus It Group SA
- Ansaldo STS
- Bombardier Transportation
- CGI Group Inc
- Cisco Systems, Inc
- Computer Sciences Corp
- GE Transportation
- Hitachi, Ltd
- Huawei Technologies Co, Ltd
- IBM Corporation
- Indra Sistemas, SA
- LAT-LON, LLC
- Moxa Inc
- Rad Data Communications Ltd
- Siemens AG
- Sierra Wireless
- Tech Mahindra Ltd
- Trapeze Software Ulc
- Trimble Navigation Limited
- Wipro Ltd
- ZTE Corporation
For more information visit http://www.researchandmarkets.com/research/vm7prt/smart_railways
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