Press release
Train Communication Gateway Systems Market Increasing Demand, Growth Analysis and Future Outlook by 2031
Global train communication gateway systems market is anticipated to grow at a CAGR of 24.3 % during the forecast period (2024-2031). Train communication gateway systems play an essential role in enhancing the overall passenger experience, improving customer satisfaction, and ensuring safety in the rail industry. These systems enable the exchange of safety-related information, facilitate remote monitoring and proactive maintenance of onboard systems, track the location and status of trains in real-time, enable emergency communication, integrate with IoT devices, and promote interoperability among different communication protocols and systems. The implementation of these systems has led to significant reductions in accidents, maintenance costs, and downtime while enhancing fleet reliability and promoting standardization across networks. Furthermore, the market has seen significant growth primarily owing to increased focus on R&D by both public and private organizations and growing applications. For instance,To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/train-communication-gateway-systems-market
In September 2023, DP World introduced a double-stack freight train facility to enhance efficiencies and connectivity between Ahmedabad's inland terminal and Mundra port. The service reduces logistics costs, haulage rates, and port ground rent, thereby improving connectivity and reducing overall costs.
In February 2021, IRCTC launched a new payment gateway iPay for booking train tickets. It enhanced its services by introducing a payment gateway, allowing passengers to book train tickets quickly and easily.
In December 2017, Comcast launched xFi Advanced Gateway, aimed forspeedy Wi-Fi, IoT integration. designed that enhanced customer experience by supporting gigabit speeds over Wi-Fi and Zigbee, Bluetooth Low Entergy, and other smart home standards, demonstrating the company's commitment to hardware development.
Key questions addressed by the report.
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?
Global Train Communication Gateway systems Market Report Segment
By Product Type
Wire Train Bus Gateways
Multifunction Vehicle Bus (MVB) Gateway
Others (Ethernet Train Backbone Gateways, Integrated Gateways)
By Connectivity
Global System for Mobile Communications - Railway (GSM-R)
Wi-Fi
Terrestrial Trunked Radio (TETRA)
Others (Satellite Communication and Near Field Communication (NFC))
By Application
Passenger train
Freight train
A full report of Train Communication Gateway Systems Market available @ https://www.omrglobal.com/industry-reports/train-communication-gateway-systems-market
Train Communication Gateway Systems Market Report Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Advantech Co., Ltd.
CAF, Construcciones y Auxiliar de Ferrocarriles, S.A.
CommScope, Inc.
Hitachi Rail STS S.p.A.
Knorr-Bremse AG
LILEE Systems, Ltd.
Mitsubishi Electric Corp.
MITSUBISHI HEAVY INDUSTRIES ENGINEERING, LTD.
Nokia Corp.
Nomad Digital
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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