01-09-2017 01:41 PM CET - Logistics & Transport
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Global Smart Railways Systems Market is Expected to grow at a CAGR of 27.34% during 2016-2020

Press release from: researchmoz.us

Albany, NY, Jan 09: Traffic congestion on roadways and airways has increased the demand for railway transport. It is more feasible and convenient for passengers to travel by train than any other mode of transportation as it can provide faster services at a reasonable price. Moreover, railways are considered as a faster and safer option compared with roadways. The increase in demand for railway transport has made it mandatory for railway operators to make their systems more advanced and automated. A smart railway system comprises solutions, devices and components, and services that automate and optimize the use of railway infrastructure to carry out advanced functions.

The global smart railways systems market to grow at a CAGR of 27.34% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global smart railways systems market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors operating in the market.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

Get a Sample Research PDF with TOC: www.researchmoz.us/enquiry.php?type=S&repid=775751

Technavio's report, Global Smart Railways Systems Market 2016-2020, 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.

Key vendors
- Alstom
- Bombardier
- Cisco System
- General Electric
- Hitachi
- IBM

Other prominent vendors
- Huawei Technologies
- Indra Sistemas
- Siemens
- Alcatel-Lucent
- Ansaldo STS
- ABB Group
- CGI Group
- Computer Sciences
- ZTE
- DB International
- Kapsch CarrierCom
- Larsen & Toubro
- MRX Technologies
- Rad Data Communications

Enquiry at: www.researchmoz.us/enquiry.php?type=E&repid=775751

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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