Global Connected Rail Solutions Market 2022-2026

Global Connected Rail Solutions Market 2022-2026

  • May 2022 •
  • 120 pages •
  • Report ID: 5351760 •
  • Format: PDF
Global Connected Rail Solutions Market 2022-2026
The analyst has been monitoring the connected rail solutions market and it is poised to grow by $ 37.25 bn during 2022-2026, accelerating at a CAGR of 6.34% during the forecast period. Our report on the connected rail solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of technologically advanced connected devices, digital transformation in railway industry, and developments in railway infrastructure.
The connected rail solutions market analysis includes the safety and signaling system segment and geographic landscape.

The connected rail solutions market is segmented as below:
By Safety and Signaling
• CBTC
• PTC
• ATC

By Geographical Landscape
• Europe
• APAC
• North America
• Middle East and Africa
• South America

This study identifies the advent of smart cities as one of the prime reasons driving the connected rail solutions market growth during the next few years. Also, IoT integration powered by AI technology in railway industry and growing consolidation in the railway industry will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on connected rail solutions market covers the following areas:
• Connected rail solutions market sizing
• Connected rail solutions market forecast
• Connected rail solutions market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading connected rail solutions market vendors that include ABB Ltd., ALSTOM SA, Atos SE, CalAmp Corp., Cisco Systems Inc., Digi International Inc., General Electric Co., Hitachi Ltd., Huawei Technologies Co. Ltd., Indra Sistemas SA, International Business Machines Corp., Mitsubishi Electric Corp., Nokia Corp., Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Sierra Wireless Inc., Telefonaktiebolaget LM Ericsson, Thales Group, and Trimble Inc. Also, the connected rail solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.