Technological advancement targeted toward the enhancement of customer experience to drive the smart railways market growth The smart railways market is projected to grow from USD 20.5 billion in 2019 to USD 39.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 13.7% from 2019 to 2024. The technological advancement targeted toward...
Transportation Services Global Industry Almanac 2014-2023 Summary Global Transportation Services industry profile provides top-line qualitative and quantitative summary information including: industry group size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the...
The global smart reefer container market accounted for US$ 823.8 Mn in 2018 and is expected to grow at a CAGR of 8.5% over the forecast period 2019–2027, to account for US$ 1,665.4 Mn in 2027. The increasing demand for cold chain products and the digitalization of shipping coupled with supportive initiatives from stakeholders are a few of...
The Global Freight Management System Market is poised to grow strong during the forecast period 2018 to 2028. Some of the prominent trends that the market is witnessing include autonomous trucking and smart freight transport, cloud and big data analytics, and blockchain in freight management. Based on the component,...
Increase in adoption of IoT devices by major shipping companies to drive the growth of the smart container market. The smart container system market is estimated to grow from USD 2.6 billion in 2019 and projected to reach USD 5.7 billion by 2024; it is expected to grow at a CAGR of 16.9% from 2019 to 2024. The most significant...
Abstract Rail Signaling Systems Procurement in the US This report is intended to assist buyers of rail signaling systems. Considered a safety measure, rail signaling systems are used for traffic control and ensure basic train safety by supervising switches in main tracks and providing train separation to guarantee...
Rail Greases Market – Scope of the Report The analyst recently published a research study on the rail greases market, which includes global industry analysis of 2014-2018 and forecast for 2019-2029.It offers a detailed value-volume analysis of the rail greases market, along with insights via BPS analysis in (US$...
Growing need for efficient rail operations to drive the adoption of rail asset management market The global rail asset management market size is projected to grow from USD 9.0 billion in 2019 to USD 12.3 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 6.4% from 2019 to 2024. The fast growth of rail infrastructure...
Increaseing investment in railway infrastructure to drive the digital railway market growth The digital railway market is projected to grow from USD 50.0 billion in 2019 to USD 74.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 8.4% from 2019 to 2024. Major factors expected to drive the growth of the digital...
Growing need to minimize the risk of unauthorized access to platforms The global railway platform security market size to grow from USD 1.7 billion in 2019 to USD 2.3 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period. The security of railway passengers is interlinked with the security...