Press release
Connected Rail Market Revenue to Cross US$ 8.2 Bn by 2030: Business Market Insights Global Analysis with COVID-19 Impact
The Connected Rail market crossed US$ 2.6 billion mark in 2022 and is expected to hit US$ 8.2 billion by 2030, recording a CAGR of 15.2% during the forecast period.The Connected Rail Market research report by Business Market Insights includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2022 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the Connected Rail market growth.
Get a Sample Report "Connected Rail Market" to 2030 @: https://www.businessmarketinsights.com/sample/BMIRE00026195?utm_source=OpenPR&utm_medium=10279
Companies Profiled in this report includes:
• Siemens AG
• Hitachi Limited
• Wabtec Corporation
• Trimble, Inc.
• Robert Bosch GmbH
• Huawei Investment and Holding Co., Ltd
• Cisco Systems, Inc.
• Nokia Corporation
In this report, the Connected Rail market has been segmented on the basis of:
Services
• Passenger Mobility and Services
• Passenger Information System
• Train Tracking and Monitoring Solutions
• Automated Fare Collection System
• IP Video Surveillance
• Predictive Maintenance
• Others
Rolling Stock
• Diesel
• Locomotive
• Electric Locomotive
• DMU
• EMU
• Others
Safety and Signaling System
• Positive Train Control (PTC)
• Communication/Computer-Based Train Control (CBTC)
• Automated/Integrated Train Control (ATC)]
Region
• North America
• Europe
• Asia Pacific (APAC)
• South & Central America
• Middle East & Africa
Recent strategic developments in Connected Rail market:
The Connected Rail market has undergone several significant developments, and a few of these have been mentioned below:
• In December 2021, Siemens in collaboration with VGF designed Digital Train Control System. This system is believed to replace the traditional train control system utilized in metro and tram networks. This system is designed to enhance train routes' capacity and efficiency, mainly in the underground sections.
• In November 2021, Robert Bosch GmbH launched an innovative driver assistance system for city rail transportation. It is novel system in which if the driver does not interfere or does so too late, the system automatically brakes the train until it completely stops, to reduce an impact or at least to diminish it as much as possible.
The report offers in-depth assessment of the growth and other aspects of the Connected Rail market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
Access full Report Description, TOC, Table of Figure, Chart, etc. @: https://www.businessmarketinsights.com/reports/connected-rail-market
Connected Rail Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2019 to 2030.
Major Key Points of Connected Rail Market
• Connected Rail Market Overview
• Connected Rail Market Competition
• Connected Rail Market, Revenue and Price Trend
• Connected Rail Market Analysis by Application
• Company Profiles and Key Figures in Connected Rail Market
• Market Dynamics
• Methodology and Data Source
Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape Connected Rail market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.
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Contact us:
If you have any questions about this report or would like further information, please contact us:
Contact person: Sameer Joshi
Email: sales@businessmarketinsights.com
Phone: +16467917070
Blog URL: https://bmiinsights.blogspot.com/
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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