Global Smart Railways Systems Market (2018-2022) Covering Key Vendors Bombardier, Capgemini, Cisco Systems, Hitachi, Nokia and Siemens - ResearchAndMarkets.com

DUBLIN--()--The "Global Smart Railways Systems Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global smart railway systems market to grow at a CAGR of 13.2% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the growing number of smart city projects in emerging countries. Countries are investing in new technologies for smart city projects. As of 2018, there are more than 1000 smart city pilot projects that are under construction in the world. These projects mainly focus on the overall development in urban areas based on IT and overall infrastructure advances.

According to the report, one of the major drivers for this market is the growing adoption of high-speed rail by emerging economies. Owing to the high disposable income and changing lifestyle, people are inclined to spend more for convenient transportation. To provide cost-effective and safe transportation, countries are focusing on high-speed trains which require feedstocks in terms of technology, simulation software, and control devices, in turn, creating a demand for smart railway systems in railways.

Further, the report states that one of the major factors hindering the growth of this market is the lack of IT infrastructure and operational inefficiency. Network and connectivity issues are hindering the growth of the smart railway systems market. In addition, lack of awareness and knowledge of smart railway systems such as smart cards, online ticket booking, and AVTM among passengers are hindering the growth of the market.

Key Vendors

  • Bombardier
  • Capgemini
  • Cisco Systems
  • Hitachi
  • Nokia
  • Siemens

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Product

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/jhkf67/global_smart?w=4

Contacts

ResearchAndMarkets.com
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
Related Topics: Rail

Contacts

ResearchAndMarkets.com
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
Related Topics: Rail