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About Smart Railways Systems
Traffic congestion on roadways and airways has increased the demand for railway transport. It is more feasible and convenient for passengers to travel by train than any other mode of transportation as it can provide faster services at a reasonable price. Moreover, railways are considered as a faster and safer option compared with roadways. The increase in demand for railway transport has made it mandatory for railway operators to make their systems more advanced and automated. A smart railway system comprises solutions, devices and components, and services that automate and optimize the use of railway infrastructure to carry out advanced functions.
Technavio’s analysts forecast the global smart railways systems market to grow at a CAGR of 27.34% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart railways systems market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors operating in the market.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
Technavio's report, Global Smart Railways Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Alstom
• Bombardier
• Cisco System
• General Electric
• Hitachi
• IBM
Other prominent vendors
• Huawei Technologies
• Indra Sistemas
• Siemens
• Alcatel-Lucent
• Ansaldo STS
• ABB Group
• CGI Group
• Computer Sciences
• ZTE
• DB International
• Kapsch CarrierCom
• Larsen & Toubro
• MRX Technologies
• Rad Data Communications
Market driver
• Changing travel demands of people
• For a full, detailed list, view our report
Market challenge
• Limited capacity constraint
• For a full, detailed list, view our report
Market trend
• Increased adoption of analytics and big data
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Traffic congestion on roadways and airways has increased the demand for railway transport. It is more feasible and convenient for passengers to travel by train than any other mode of transportation as it can provide faster services at a reasonable price. Moreover, railways are considered as a faster and safer option compared with roadways. The increase in demand for railway transport has made it mandatory for railway operators to make their systems more advanced and automated. A smart railway system comprises solutions, devices and components, and services that automate and optimize the use of railway infrastructure to carry out advanced functions.
Technavio’s analysts forecast the global smart railways systems market to grow at a CAGR of 27.34% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart railways systems market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors operating in the market.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
Technavio's report, Global Smart Railways Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Alstom
• Bombardier
• Cisco System
• General Electric
• Hitachi
• IBM
Other prominent vendors
• Huawei Technologies
• Indra Sistemas
• Siemens
• Alcatel-Lucent
• Ansaldo STS
• ABB Group
• CGI Group
• Computer Sciences
• ZTE
• DB International
• Kapsch CarrierCom
• Larsen & Toubro
• MRX Technologies
• Rad Data Communications
Market driver
• Changing travel demands of people
• For a full, detailed list, view our report
Market challenge
• Limited capacity constraint
• For a full, detailed list, view our report
Market trend
• Increased adoption of analytics and big data
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
