Press release
Global Railway Management System Market 2018-2025 Analysis By Observational Studies With Key Competitors ALSTOM, Cisco, GE, ABB, IBM, Hitachi, Ltd., BOMBARDIER, Huawei Technologies, Indra, Siemens, Nokia, Ansaldo STS A Hitachi Group Company
Global Railway Management System Market - Industry Trends and Forecast to 2024
Those reading the report will get a detailed understanding of the market. Industry experts have verified and checked the data and information that have been taken from credible sources like websites, annual reports of companies, journals, and other resources. In order to give the facts and data, pictorial form, diagrams, graphs, pie charts, and other representations have been used.
The Railway Management System report contains market drivers and restraints which are derived from SWOT analysis and all the competition and variable factors are acquired from Porter's Five Forces Analysis which is a very useful tool when it comes to evaluating the competitive environment in which a product or company works. The aforesaid tool augments the visual appeal of the report and makes understanding it much easier to comprehend.
The Global Railway Management System Market accounted for USD 30.3 billion in 2016 growing at a CAGR of 15.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Railway Management System Market Segmentation
• By Geography;
• System & Solution (Rail Operations Management System, Rail Traffic Management System, Rail Asset Management System,
Rail Control System, Rail Maintenance Management System);
• Service
Major Market Competitors
Some of the major players of the global railway management system market are:-
• ALSTOM,
• Cisco Systems, Inc.,
• GENERAL ELECTRIC,
• ABB,
• IBM Corporation,
• Hitachi, Ltd.,
• Bombardier,
• Huawei Technologies Co., Ltd.,
• Indra,
• Siemens AG,
• Nokia,
• Ansaldo STS,
• DXC Technology Company
• others.
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Reasons to buy this report:
1. To get a comprehensive overview of the Railway Management System market.
2. To gain information about the top players in this industry, their product portfolios, and their key strategies.
3. To gain insights about the major regional insights in which the Railway Management System is flourishing.
4. Recent industry trends and developments
5. Potential and niche segments/regions exhibiting promising growth
Major Market Drivers and Restraints:
• Adoption of IoT and automation technologies is expected to enhance optimization
• High demographic growth and hyper-urbanization
• Technological advancements
• Government initiatives and the PPP model
• Infrastructure saturation
• High initial cost of deployment
• Safety compliances
• Complex interoperability
Key Benefits
• The study provides an in-depth analysis of the Railway Management System market size along with the current trends and future estimations to elucidate the imminent investment pockets.
• It offers a quantitative analysis from 2017 to 2025, which is expected to enable the stakeholders to capitalize on the predominant Railway Management System market opportunities.
• A comprehensive analysis of all the geographical regions is provided to determine the prevailing opportunities.
• The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global Railway Management System market.
Market Segmentation
The global railway management system market is segmented on the basis of system and solution into rail operations management system, rail traffic management system, rail asset management system, rail control system, and rail maintenance management system.
The rail operations management system segment is further sub segmented into facility management solution, revenue management solution, ticketing management solution, workforce management solution, and rail automation management system.
The rail traffic management system segment is further sub segmented into intelligent signaling system, real-time train planning and route scheduling solution, centralized traffic control solution, and traffic analytics. The rail asset management system segment is further sub segmented into train information system, track monitoring solution, and asset performance analytics.
The rail control system segment is further sub segmented into PTC solution, CBTC solution, and integrated control system. The rail maintenance management system segment is further sub segmented into vehicle maintenance scheduling solution, and predictive analysis for maintenance management solution.
On the basis of service:- Professional services, and managed services. The professional services segment is further sub segmented into consulting services, system integration and deployment, and support and maintenance.
On the basis of geography:-
• North America & South America,
• Europe,
• Asia-Pacific,
• Middle East & Africa.
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