Connected Rail Solutions Market 2020-2024|Rise in Railway Expansion Projects to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Connected Rail Solutions Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the connected rail solutions market and it is poised to grow by USD 34.72 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Hitachi Ltd., International Business Machines Corp., Robert Bosch GmbH, Schneider Electric SE and Siemens AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Rise in railway expansion projects has been instrumental in driving the growth of the market. Request a free sample report

Connected Rail Solutions Market 2020-2024: Segmentation

Connected Rail Solutions Market is segmented as below:

Safety and signaling system

  • CBTC
  • PTC
  • ATC

Geographic segmentation

  • APAC
  • Europe
  • MEA
  • North America
  • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40253

Connected Rail Solutions Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our connected rail solutions market report covers the following areas:

  • Connected Rail Solutions Market Size
  • Connected Rail Solutions Market Trends
  • Connected Rail Solutions Market Industry Analysis

This study identifies emergence of autonomous trains as one of the prime reasons driving the connected rail solutions market growth during the next few years.

Connected Rail Solutions Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the connected rail solutions market, including some of the vendors such as Hitachi Ltd., International Business Machines Corp., Robert Bosch GmbH, Schneider Electric SE and Siemens AG. Backed with competitive intelligence and benchmarking, our research reports on the connected rail solutions market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Connected Rail Solutions Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist connected rail solutions market growth during the next five years
  • Estimation of the connected rail solutions market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the connected rail solutions market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of connected rail solutions market vendors

Table of Content

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY SAFETY AND

SIGNALING SYSTEM

  • Market segmentation by safety and signaling system
  • Comparison by safety and signaling system
  • CBTC - Market size and forecast 2019-2024
  • PTC - Market size and forecast 2019-2024
  • ATC - Market size and forecast 2019-2024
  • Market opportunity by safety and signaling system

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Advent of smart cities
  • IoT integration powered by AI technology in railway industry
  • Increasing emergence of autonomous trains

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ABB Ltd.
  • ALSTOM Holdings
  • Bombardier Inc.
  • Cisco Systems, Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • International Business Machines Corp.
  • Robert Bosch GmbH
  • Schneider Electric SE
  • Siemens AG

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The connected rail solutions market is poised to grow by USD 34.72 billion during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/