Rail Asset Management Market by Application: Rolling Stock and Infrastructure | Deployment Mode, and Region - Global Forecast to 2025

The global rail asset management market size is expected to grow from USD 9.4 billion in 2020 to USD 12.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period.  

ReportsnReports added Rail Asset Management Market Research Report created by Report Consultant, which offers detailed insights, revenue details, and other information regarding the global market, and the various trends, drivers, restraints, opportunities, and market till 2028. Rail Asset Management Market Report offers detailed information regarding the leading key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions and mergers, and market footprint. Rail Asset Management Market also provides a comparative analysis of the market dynamics pre and post Covid19 outbreak.

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Top Company Profile Analysis in this Report-
Siemens (Germany)
Hitachi (Japan)
Alstom (France)
IBM (US)
Wabtec (US)
SAP (Germany)
Capgemini (France)
Cisco (US)
Huawei (China)
Accenture (Ireland) 
Trimble (US)
Bentley Systems (US)
Atkins (UK)
DXC Technology (US)
Trapeze Group (Canada)
WSP (Canada)
Tego (US)
KONUX (Germany)
L&T Technology Services (India)
Cyient (India)
Assetic (Australia)
Machines With Vision (UK)
 Uptake (US)
Delphisonic (US)
ZEDAS (Germany)
OXplus (Netherlands)

The rail asset management market is segmented into offering (solutions and services), deployment mode (cloud and on-premises), application (rolling stock and infrastructure), and region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; services; key strategies; new service and product launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the rail asset management market.

Asset management is gaining popularity at a fast pace in the railway industry. Rail asset management encompasses all systems, methods, procedures, and tools to improve costs, performance, and manage risks of the complete rail infrastructure lifecycle. Rail asset management is not limited to the maintenance of rail assets, such as locomotives, coaches, and infrastructure. Rail asset management solutions and services help railway companies cover an asset’s entire lifecycle, from its design, construction, and operation to its renewal and disposal, as well as the management of operational costs of each activity. The increasing demand for rail services is straining the existing systems and requiring optimization of the existing passenger and freight schedules to achieve increased throughput on the current rail infrastructure.

By deployment mode, the on-premises segment is expected to record at the largest market size during the forecast period. The on-premises deployment mode refers to the installation of software and solutions in the premises of the organization. In this deployment mode, the organization is responsible for maintaining the solution and all its related processes. These solutions are delivered on a one-time license fee and an annual service agreement, which includes a free modification or upgrade and installation of new functionalities. The on-premises deployment of rail asset management solutions requires dedicated infrastructure and servers. It also requires dedicated IT staff for the maintenance and support of the high-end IT infrastructure. Organizations that can afford to manage dedicated servers usually deploy on-premises solutions. The on-premises deployment mode also offers offline data analytics and configuration and provides better control over systems and data.

The rolling stock segment is expected to hold the largest market size.The railway is an asset-intensive industry, and rolling stock is one of the most important asset categories in the railway industry. Efficiently managing rolling stock can save a significant amount of resources for the rail operator. Rolling stocks usually have a long service life, hence keeping a vehicle in operation for such a long period of time can create various servicing challenges, such as securing parts, unplanned maintenance etc. Asset management solutions for rolling stocks can provide better control over asset performance, more efficient use of resources, and more effective risk management. Many rail operators are investing in rolling stock.

The Asia Pacific (APAC) market is projected to grow at the highest CAGR during the forecast period. The APAC region is witnessing high growth due to the increasing adoption of new technologies, the rising investments for digital transformation, and the growing GDP in APAC countries. A majority of potential economies in the region include Australia, Singapore, China, Korea, Hong Kong, and India, which are said to be rapidly investing in the rail technological transformation.

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Reasons to Buy the Report-
The report would help the market leaders and new entrants in the following ways:

It comprehensively segments the rail asset management market and provides the closest approximations of the revenue numbers for the overall market and its sub segments across different regions.
It would help stakeholders understand the pulse of the market and provide information on the key market drivers, restraints, challenges, and opportunities in the market.
It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes a competitor ecosystem, new product launch, product enahncememt, partnerships, mergers, and acquisitions.

Table Of Contents in this Report-
1 Introduction
1.1 Introduction To Covid-19
1.2 Covid-19 Health Assessment
Figure 1 Covid-19: Global Propagation
Figure 2 Covid-19 Propagation: Select Countries
1.3 Covid-19 Economic Assessment
Figure 3 Revised Gross Domestic Product Forecasts For Select G20 Countries In 2020
1.3.1 Covid-19 Economic Impact—Scenario Assessment
Figure 4 Factors Impacting Global Economy
Figure 5 Scenarios In Terms Of Recovery Of Global Economy
1.4 Objectives Of The Study
1.5 Market Definition
1.5.1 Inclusions And Exclusions
1.6 Market Scope
1.6.1 Market Segmentation
1.6.2 Regions Covered
1.6.3 Years Considered For The Study
1.7 Currency Considered
Table 1 United States Dollar Exchange Rate, 2017–2019
1.8 Stakeholders
1.9 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 6 Rail Asset Management Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
Table 2 Primary Interviews
2.1.2.1 Breakup Of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Breakup And Data Triangulation
Figure 7 Data Triangulation
2.3 Market Size Estimation
Figure 8 Market Size Estimation Methodology ̶ Approach 1 (Supply Side): Revenue Of Solutions And Services In The Market
Figure 9 Market Size Estimation Methodology ̶ Approach 1- Bottom-Up (Supply Side): Collective Revenue Of Solutions And Services In The Market
Figure 10 Market Size Estimation Methodology─ Approach 2 (Demand Side): Rail Asset Management Market
2.4 Market Forecast
Table 3 Factor Analysis
2.5 Research Assumptions And Limitations
2.5.1 Study Assumptions
2.5.2 Limitations Of The Study

3 Executive Summary
Figure 11 Rail Asset Management Market, 2018–2025 (Usd Million)
Figure 12 Leading Segments In The Market In 2020
Figure 13 Market: Regional Snapshot
Figure 14 Asia Pacific To Emerge As The Best Market For Investments During The Forecast Period

4 Premium Insights
4.1 Attractive Opportunities In The Rail Asset Management Market
Figure 15 Growing Need For Advanced Transportation Infrastructure To Drive The Market Growth During The Forecast Period
4.2 Europe Market, By Offering And Country
Figure 16 Solutions Segment And The United Kingdom To Account For High Shares In The European Market In 2020
4.3 Asia Pacific Market, By Offering And Top Three Countries
Figure 17 Solutions Segment And China To Account For High Shares In The Asia Pacific Market In 2020
4.4 Market: Major Countries
Figure 18 Japan To Grow At The Highest Cagr During The Forecast Period

and more...

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