Technavio has been monitoring the connected rail solutions market and it is poised to grow by USD 34.72 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Connected Rail Solutions Market 2020-2024 (Graphic: Business Wire)
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Hitachi Ltd., International Business Machines Corp., Robert Bosch GmbH, Schneider Electric SE and Siemens AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Rise in railway expansion projects has been instrumental in driving the growth of the market. Request a free sample report
Connected Rail Solutions Market 2020-2024: Segmentation
Connected Rail Solutions Market is segmented as below:
Safety and signaling system
CBTC
PTC
ATC
Geographic segmentation
APAC
Europe
MEA
North America
South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40253
Connected Rail Solutions Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our connected rail solutions market report covers the following areas:
Connected Rail Solutions Market Size
Connected Rail Solutions Market Trends
Connected Rail Solutions Market Industry Analysis
This study identifies emergence of autonomous trains as one of the prime reasons driving the connected rail solutions market growth during the next few years.
Connected Rail Solutions Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the connected rail solutions market, including some of the vendors such as Hitachi Ltd., International Business Machines Corp., Robert Bosch GmbH, Schneider Electric SE and Siemens AG. Backed with competitive intelligence and benchmarking, our research reports on the connected rail solutions market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Connected Rail Solutions Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist connected rail solutions market growth during the next five years
Estimation of the connected rail solutions market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the connected rail solutions market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of connected rail solutions market vendors
Table of Content
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Value chain analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2019
Market outlook
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY SAFETY AND
SIGNALING SYSTEM
Market segmentation by safety and signaling system
Comparison by safety and signaling system
CBTC - Market size and forecast 2019-2024
PTC - Market size and forecast 2019-2024
ATC - Market size and forecast 2019-2024
Market opportunity by safety and signaling system
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Advent of smart cities
IoT integration powered by AI technology in railway industry
Increasing emergence of autonomous trains
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
ABB Ltd.
ALSTOM Holdings
Bombardier Inc.
Cisco Systems, Inc.
General Electric Co.
Hitachi Ltd.
International Business Machines Corp.
Robert Bosch GmbH
Schneider Electric SE
Siemens AG
PART 14: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200303005693/en/
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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
