Train Communication Gateways Systems Market - Drivers and Forecasts by Technavio

Technavio has published a new report on the global train communication gateways systems market from 2017-2021. (Graphic: Business Wire)

???pagination.previous??? ???pagination.next???

LONDON--()--Technavio analysts forecast the global train communication gateways systems market to grow at a CAGR of approximately 21% during the forecast period, according to their latest report.

The research study covers the present scenario and growth prospects of the global train communication gateways systems market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of different types of gateways.

The major factor driving the market growth is technological advances in network equipment, especially in developing countries. The market will be driven by the rapid growth and increase in the use of technologies such as control systems, navigation systems, and signaling systems.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Technavio analysts highlight the following three factors that are contributing to the growth of the global train communication gateways systems market:

Rise in adoption of PPP model

Developed and developing economies are adopting the PPP model for railway infrastructure projects. Cost savings and better risk sharing are the benefits of the PPP model. Private players sign a contract with government authorities for maintaining infrastructures. These contracts ensure the timely payment to meet delivery deadlines.

Jujhar Singh, a lead embedded systems research analyst at Technavio, says, “The economic growth and development of nations also depend on efficient rail transport systems. High-speed locomotive lines serve as alternatives to long-distance roads and provide an efficient way to transport large volumes of commodities in bulk.”

Increase in installation of high-speed networks in developing countries

There has been an increase in investments for the development of high-speed rail networks in countries such as China, India, and Japan in APAC. China has the second-largest rail network in the world, with a rail route of 100,000 km. China Railway operates the railway network in China, with 2.09 billion passengers and 3.22 billion tons of freight.

The rise in the number of passengers will lead to an increase in the adoption of rapid transit metros. The market is witnessing a demand for communication gateways for train network control systems. There has been significant growth in high-speed networks during 2010-2015,” adds Jujhar.

Increase in government funding for railways

Investments in public transit systems have boosted the market for control systems and monitoring systems. This has resulted in demand for gateways for controlling devices. As more trains and train routes are established, there will be an increased demand for Internet-connected devices and services, including gateway systems, control systems, and tracking systems.

Top vendors:

  • AMiT
  • Duagon
  • EKE-Electronics
  • Quester Tangent
  • SAIRA Electronics
  • SYS TEC electronic

Browse Related Reports:

Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like displays, sensors, and lighting. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio analysts forecast the global train communication gateways systems market to grow at a CAGR of approximately 21% during the forecast period.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com