Smart railway systems are a set of new-generation solutions, services, and modern transportation offered by railways using information and communications technology (ICT). These systems are installed to improve safety, efficiency, and passenger experience in rail transport.
This report aims to provide a comprehensive presentation of the global market for Smart Railways, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Railways. This report contains market size and forecasts of Smart Railways in global, including the following market information:
- Global Smart Railways Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Smart Railways market was valued at US$ 13660 million in 2022 and is projected to reach US$ 23190 million by 2029, at a CAGR of 7.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Our industry research analysts have estimated that countries in the EMEA will contribute to the maximum growth of this smart railways market throughout the predicted period.
We surveyed the Smart Railways companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Railways Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Smart Railways Market Segment Percentages, by Type, 2022 (%)
- Devices & Components
- Services
- Solutions
Global Smart Railways Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Smart Railways Market Segment Percentages, by Application, 2022 (%)
- Ordinary Railways
- High-speed Railways
Global Smart Railways Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Smart Railways Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Smart Railways revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Smart Railways revenues share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- ABB Group
- General Electric
- Huawei Technologies
- Hitachi
- Cisco Systems
- Siemens
- IBM Corporation
- Indra Sistemas
- Alstom
- Alcatel-Lucent
- Bombardier
- Ansaldo STS
- Capgemini
- Nokia
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Smart Railways, market overview.
- Chapter 2: Global Smart Railways market size in revenue.
- Chapter 3: Detailed analysis of Smart Railways company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Smart Railways in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
