Connected Rail Market by Service, Rail Signaling System, Rolling Stock & Region - Global Forecast to 2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Connected Rail Market - Global forecast to 2022" report to their offering.

The connected rail market, in terms of value, is projected to grow at a CAGR of 6.42% from 2017 to 2022. The global market is estimated to be USD 77.27 Billion units in 2017 and is projected to reach USD 105.44 Billion units by 2022.

The growing urbanization, continuous growth in population in metro cities, and congested roads have directly increased the demand for public transport like railways, which directly boost the market for connected rail. The connected public transportation also provides efficient traffic management and convenient traveling experience, but the slow growth in developing countries would affect the overall growth of connected railway market.

The Computer Based Train Control (CBTC) are upgraded system of typical old-block signaling system. The CBTC equipped train are capable of calculating, communicating, and providing update through radio to the wayside equipment distributed along the line. CBTC system allows the optimal utilization of the existing rail infrastructure in achieving maximum capacity and minimum headway between operating trains, while maintaining the safety requirements. These technology have fueled the growth of connected rail technology.

Every industry requires maintenance schedule after certain period, in order to ensure things are on the flow without any constraints. The railway industry, where before practicing preventive maintenance at the early stage, later on shifted to predictive maintenance, which optimized management of spares and inventories parts, real time monitor of rail, reduction of down time and delays. Reducing downtime and early prediction of maintenance are the key to the efficient rail transport, which directly drives the connected rail market.

Companies Mentioned

  • Abb Limited
  • Alstom Sa
  • Ansaldo Sts
  • Atos
  • Bombardier Inc.
  • Calamp
  • Cisco Systems Inc.
  • Digi International Inc.
  • Ericsson
  • General Electric
  • Hitachi Limited
  • Huawei
  • Ibm Corporation
  • Indra Sistemas S.A.
  • Mitsubishi Electric Corp
  • Nokia
  • Robert Bosch Llc
  • Schneider Electric
  • Siemens Ag
  • Sierra Wireless
  • Tech Mahindra Limited
  • Thales Group
  • Trimble
  • Wabtec Corp
  • Wipro

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Technology Overview

7 Industry Trends

8 Connected Rail Market, By Services

9 Connected Rail Market, By Rolling Stock Type

10 Connected Rail Market, By Safety & Signaling System

11 Connected Rail Market, By Region

12 Competitive Landscape

13 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/b46gqj/connected_rail

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Public Transport , Rail Transport Vehicles

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Public Transport , Rail Transport Vehicles