Press release
Smart Railways Market Poised to Rake in US$ 159.6 Bn by 2025
While the outlook on future of smart railways remains positive, high cost of installing and integrating smart systems and replacement of existing systems and railway infrastructure can pose challenges to growth.
Request for Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-231
Smart Railways Market Segmentation
To foster a better understanding on the smart railways market, Future Market Insights’ report segments the market on the basis of devices & components, services, and solutions.
The key sub-segments under devices & components include rail sensors, VSC, smart cards, networking & connectivity devices, and others. Among these, networking & connectivity devices accounted for the highest demand, totalling US$ 2.1 Bn in revenues in 2015. Networking & connectivity devices sub-segment is anticipated to increase at a CAGR of 20.1% during the forecast period 2015-2025.
The key sub-segments under services segment include cloud services, professional services, and integration and implementation services. Among these, the cloud services sub-segment is projected to increase at the highest CAGR during the forecast period.
By services segment, the key sub-segments include passenger information system (PIS), advanced security management system (ASMS), rail operations management system, railway traffic management system (RTMS), smart ticketing system, and rail communication & networking systems (RCNS). Among these, the most lucrative segments are RTMS, ASMS, and rail operations management system.
Request for Table of Contents @ https://www.futuremarketinsights.com/toc/rep-gb-231
APEJ is the Largest & Fastest Growing Market
FMI’s report also offers market forecast and analysis on the basis of region. The key regions profiled in the report include North America, Western Europe, Eastern Europe, Latin America, Asia Pacific excluding Japan, Japan, and Middle East & Africa. According to the report, Asia Pacific excluding Japan will remain the largest market for smart railways during the forecast period. Favourable government policies towards modernisation of railways, combined with easy availability of funds for investment are among the chief reasons for growth of the smart railways market in Asia Pacific.
North America and Western Europe are among the other key markets for smart railways. The smart railways market in these is expected to witness steady growth on back of wider push to incorporate IoT and Big Data in the railway ecosystem.
Key Vendors
Leading players profiled in FMI’s report include Indra Sistemas, S.A., Alcatel-Lucent S.A., IBM Corporation, Bombardier Inc., Hitachi, Ltd., ABB Group, Alstom S.A., Huawei Technologies Co. Ltd., Cisco Systems, Inc., Siemens AG, General Electric Co., and Ansaldo STS.
Report Overview @ https://www.futuremarketinsights.com/reports/smart-railways-market
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Railways Market Poised to Rake in US$ 159.6 Bn by 2025 here
News-ID: 867789 • Views: …
More Releases from Future Market Insights
Extruded Snacks Market to Reach USD 170.3 Billion by 2035 Amid Health and Conven …
A new market analysis released today projects the global extruded snacks market to surge from an estimated USD 89.9 billion in 2025 to USD 170.3 billion by 2035, demonstrating a robust Compound Annual Growth Rate (CAGR) of 6.6%. The market is set to deliver an impressive absolute dollar opportunity of USD 80.4 billion over the forecast period, driven by a global consumer shift towards convenient, shelf-stable, and healthier snack options.
The…
Global Banana Flakes Market Soars to USD 876.1 million by 2035, Driven by Health …
A new market analysis reveals the global banana flakes market is set to expand significantly, projecting a robust Compound Annual Growth Rate (CAGR) of 4.6% from 2025 to 2035. The market, valued at USD 559.6 million in 2025, is forecast to reach USD 876.1 million by 2035, fueled by a rising consumer preference for natural, gluten-free, and plant-based ingredients in daily food choices.
This press release offers a detailed look into…
Confectionery Fillings Market Sweetens Global Outlook, Projected to Reach USD 2. …
The global confectionery fillings market is poised for significant growth, with a new market analysis revealing a robust expansion fueled by a surge in consumer demand for innovative flavors and indulgent textures. According to the analysis, the market is estimated at USD 1381.2 million in 2025 and is projected to reach USD 2207.4 million by 2035, exhibiting a healthy compound annual growth rate (CAGR) of 4.8% during the forecast period.
The…
Water Softener Market to Skyrocket to USD 8.7 Billion by 2035, Driven by Smart T …
A new market analysis reveals the global water softener market is poised for significant expansion, with a forecasted value of USD 8.7 billion by 2035. The report, covering the period from 2025 to 2035, projects a robust Compound Annual Growth Rate (CAGR) of 8.3%, up from an estimated USD 3.9 billion valuation in 2025. This surge is fueled by a combination of factors, including increasing consumer awareness of hard water's…
More Releases for Asia
Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value.
https://boomingfaucet.com/
Asia Private Equity Consulting
E-mail:nolan@pandacuads.com
In China,…
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
