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Global Smart Railways Market Size study & Forecast, by System (Passenger Information system, Rail & Freight Operations Management System, Smart Safety & Security Monitoring System, Rail Communication and Networking System, Smart Ticketing System, Rail Analytics System, Others) by Offering Type (Solutions, Components & Devices, Services) and Regional Analysis, 2023-2030

March 2024 | 200 pages | ID: G273B0FD0E4FEN
Bizwit Research & Consulting LLP

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Global Smart Railways Market is valued approximately at USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Smart Railways refer to the integration of advanced technologies and digital solutions to enhance the efficiency, safety, and overall performance of railway systems. The application of smart technologies in railways aims to optimize operations, improve passenger experience, and ensure sustainable transportation. Moreover, rising urbanization and local commute requirements, growing demand for passenger and freight capacity and increasing number of railway projects across the globe are anticipated to create the lucrative demand for the market during forecast period 2023-2030.

Additionally, rapid urbanization has a significant impact on transportation systems, and it contributes to the growth of the Smart Railways market. The rapid urbanization often leads to congestion and traffic issues in cities. As a result, there is a higher demand for mass transit systems to efficiently move large numbers of people within urban areas. Smart Railways, with its ability to handle high passenger volumes, become a preferred choice for urban transportation. According to the United Nations Conference on Trade and Development (UNCTAD) in 2022 that the global population exceeded 8 billion, with 57% residing in urban areas. The growing population and density of cities worldwide underscore the essential need for reliable, high-capacity mass transit systems like metro rail. Moreover, increased globalization and need for advanced transportation infrastructure, and rise in demand for cloud-based services is anticipated to create the lucrative opportunity for the market. However, the high initial cost of deployment stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Smart Railways Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the supportive government initiatives and funding, rising demand for high-speed rail services and growing adoption of IoT and other automation technologies for process optimization. Whereas, Asia Pacific region is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the rapid urbanization, and collaboration between governments and private sector entities in the development of smart railways projects.

Major market player included in this report are:

Huawei Technologies Co., Ltd.

Siemens AG

ABB Ltd

Indra Sistemas, S.A.

International Business Machines Corporation (IBM)

Hitachi, Ltd.

Cisco Systems, Inc.

Alstom SA

Aitek S.P.A.

Bombardier Inc.

Recent Developments in the Market:
  • June 2022, Huawei has unveiled a fresh perspective on optical transport networks, placing emphasis on extending the optical transport network (OTN) to edge nodes. The primary goal is to offer comprehensive premium connectivity and establish environmentally friendly and simplified optical networks. This approach aims to support operators in attaining financial success.
Global Smart Railways Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered – System, Offering Type, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By System:

Passenger Information system

Rail & Freight Operations Management System

Smart Safety & Security Monitoring System

Rail Communication and Networking System

Smart Ticketing System

Rail Analytics System

Others

By Offering Type:

Solutions

Components & Devices

Services

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Smart Railways Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Smart Railways Market, by System, 2020-2030 (USD Billion)
  1.2.3. Smart Railways Market, by Offering Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SMART RAILWAYS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SMART RAILWAYS MARKET DYNAMICS

3.1. Smart Railways Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Rising urbanization and local commute requirements
    3.1.1.2. Growing demand for passenger and freight capacity
    3.1.1.3. Increasing number of railway projects across the globe
  3.1.2. Market Challenges
    3.1.2.1. High initial cost of deployment
  3.1.3. Market Opportunities
    3.1.3.1. Increased globalization and need for advanced transportation infrastructure
    3.1.3.2. Rise in demand for cloud-based services

CHAPTER 4. GLOBAL SMART RAILWAYS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL SMART RAILWAYS MARKET, BY SYSTEM

5.1. Market Snapshot
5.2. Global Smart Railways Market by System, Performance - Potential Analysis
5.3. Global Smart Railways Market Estimates & Forecasts by System 2020-2030 (USD Billion)
5.4. Smart Railways Market, Sub Segment Analysis
  5.4.1. Passenger Information system
  5.4.2. Rail & Freight Operations Management System
  5.4.3. Smart Safety & Security Monitoring System
  5.4.4. Rail Communication and Networking System
  5.4.5. Smart Ticketing System
  5.4.6. Rail Analytics System
  5.4.7. Others

CHAPTER 6. GLOBAL SMART RAILWAYS MARKET, BY OFFERING TYPE

6.1. Market Snapshot
6.2. Global Smart Railways Market by Offering Type, Performance - Potential Analysis
6.3. Global Smart Railways Market Estimates & Forecasts by Offering Type 2020-2030 (USD Billion)
6.4. Smart Railways Market, Sub Segment Analysis
  6.4.1. Solutions
  6.4.2. Components & Devices
  6.4.3. Services

CHAPTER 7. GLOBAL SMART RAILWAYS MARKET, REGIONAL ANALYSIS

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Smart Railways Market, Regional Market Snapshot
7.4. North America Smart Railways Market
  7.4.1. U.S. Smart Railways Market
    7.4.1.1. System breakdown estimates & forecasts, 2020-2030
    7.4.1.2. Offering Type breakdown estimates & forecasts, 2020-2030
  7.4.2. Canada Smart Railways Market
7.5. Europe Smart Railways Market Snapshot
  7.5.1. U.K. Smart Railways Market
  7.5.2. Germany Smart Railways Market
  7.5.3. France Smart Railways Market
  7.5.4. Spain Smart Railways Market
  7.5.5. Italy Smart Railways Market
  7.5.6. Rest of Europe Smart Railways Market
7.6. Asia-Pacific Smart Railways Market Snapshot
  7.6.1. China Smart Railways Market
  7.6.2. India Smart Railways Market
  7.6.3. Japan Smart Railways Market
  7.6.4. Australia Smart Railways Market
  7.6.5. South Korea Smart Railways Market
  7.6.6. Rest of Asia Pacific Smart Railways Market
7.7. Latin America Smart Railways Market Snapshot
  7.7.1. Brazil Smart Railways Market
  7.7.2. Mexico Smart Railways Market
7.8. Middle East & Africa Smart Railways Market
  7.8.1. Saudi Arabia Smart Railways Market
  7.8.2. South Africa Smart Railways Market
  7.8.3. Rest of Middle East & Africa Smart Railways Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Huawei Technologies Co., Ltd.
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Recent Developments
  8.3.2. Siemens AG
  8.3.3. ABB Ltd
  8.3.4. Indra Sistemas, S.A.
  8.3.5. International Business Machines Corporation (IBM)
  8.3.6. Hitachi, Ltd.
  8.3.7. Cisco Systems, Inc.
  8.3.8. Alstom SA
  8.3.9. Aitek S.P.A.
  8.3.10. Bombardier Inc.

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Smart Railways Market, report scope
TABLE 2. Global Smart Railways Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Smart Railways Market estimates & forecasts by System 2020-2030 (USD Billion)
TABLE 4. Global Smart Railways Market estimates & forecasts by Offering Type 2020-2030 (USD Billion)
TABLE 5. Global Smart Railways Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Smart Railways Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Smart Railways Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Smart Railways Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Smart Railways Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Smart Railways Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Smart Railways Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Smart Railways Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Smart Railways Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Smart Railways Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Smart Railways Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Smart Railways Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Smart Railways Market
TABLE 70. List of primary sources, used in the study of global Smart Railways Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Smart Railways Market, research methodology
FIG 2. Global Smart Railways Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Smart Railways Market, key trends 2022
FIG 5. Global Smart Railways Market, growth prospects 2023-2030
FIG 6. Global Smart Railways Market, porters 5 force model
FIG 7. Global Smart Railways Market, pest analysis
FIG 8. Global Smart Railways Market, value chain analysis
FIG 9. Global Smart Railways Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Smart Railways Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Smart Railways Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Smart Railways Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Smart Railways Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Smart Railways Market, regional snapshot 2020 & 2030
FIG 15. North America Smart Railways Market 2020 & 2030 (USD Billion)
FIG 16. Europe Smart Railways Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Smart Railways Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Smart Railways Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Smart Railways Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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