Railway Management System Market Size to Grow by USD 21.19 Bn| Expansion of urban mass transit railway infrastructure to boost market growth| Technavio
NEW YORK, May 2, 2022 -- According to the research report, Railway Management System Market will witness a YOY growth of 8.61% in 2022 at a CAGR of 8.45% during the forecast period. One of the major factors driving the Railway Management System Market is the expansion of urban mass transit railway infrastructure
This railway management system market forecast report extensively covers segmentation by:
- Product - Control system and information system
- Geography - APAC, Europe, North America, Middle East, Africa, and South America
For more insights on YOY and CAGR, Read our latest Sample Report
Vendor Insights
The Railway Management System Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- ABB Ltd.
- ALSTOM SA
- Belden Inc.
- Cisco Systems Inc.
- DXC Technology Co.
- EKE Group
- EUROTECH Spa
- Frequentis AG
- GAO Group Inc.
- General Electric Co.
- Hitachi Ltd.
- Huawei technologies Co. Ltd.
- Indra Sistemas SA
- International Business Machines Corp.
- Nokia Corp.
- Siemens AG
- Thales Group
- Toshiba Corp.
- Trimble Inc.
- Wabtec Corp.
Find additional highlights on the growth strategies adopted by vendors and their product
offerings, Read our Sample Report.
Geographical Market Analysis
APAC will account for 42 percent of market growth. In APAC, China and Japan are the most important markets for railway management systems. The market in this region will increase at a quicker rate than the market in other regions.
Over the projected period, the railway management system market in APAC would benefit from the modernization of existing national railway networks and the creation of new urban railway transit networks.
Furthermore, countries such as the US, China, Japan, France, and Russia are expected to emerge as prominent markets for the Railway Management System Market during the forecast period.
Know more about this market's geographical distribution along with a detailed analysis
of the top regions. Download Detailed Sample Report.
Key Segment Analysis
The control system sector will gain considerable market share in railway management systems. The software for the traffic management system, train control and monitoring system, programmable logic controller (PLC), and other systems are included in the control system section. This sector has the largest market share and is predicted to develop faster than the information system segment. The demand for improved railway network operational management and safety are the primary drivers of the control system segment's growth. During the projected period, these factors will drive the railway management system market.
View Sample Report: to know additional highlights and key points on various market
segments and their impact in coming years.
Key Market Drivers & Challenges:
One of the major factors driving the growth of the railway management system market is the expansion of urban mass transit railway infrastructure. Another market trend driving growth is the increased use of automation and IoT in railways. However, one of the obstacles restricting the growth of the railway management system market is the high cost of implementation.
Download Sample Report for highlights on market Drivers & Challenges affecting the
Railway Management System Market.
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Railway Management System Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.45% |
Market growth 2022-2026 |
$ 21.19 billion |
Market structure |
Fragmented |
YoY growth (%) |
8.16 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 42% |
Key consumer countries |
US, China, Japan, France, and Russia |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
ABB Ltd., ALSTOM SA, Belden Inc., Cisco Systems Inc., DXC Technology Co., EKE Group, EUROTECH Spa, Frequentis AG, GAO Group Inc., General Electric Co., Hitachi Ltd., Huawei technologies Co. Ltd., Indra Sistemas SA, International Business Machines Corp., Nokia Corp., Siemens AG, Thales Group, Toshiba Corp., Trimble Inc., and Wabtec Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Control system - Market size and forecast 2021-2026
- Exhibit 28: Chart on Control system - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Control system - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Control system - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Control system - Year-over-year growth 2021-2026 (%)
- 5.4 Information system - Market size and forecast 2021-2026
- Exhibit 32: Chart on Information system - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Information system - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Information system - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Information system - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Product
- Exhibit 36: Market opportunity by Product ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.10 France - Market size and forecast 2021-2026
- Exhibit 70: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.11 Japan - Market size and forecast 2021-2026
- Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.12 Russia - Market size and forecast 2021-2026
- Exhibit 78: Chart on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Russia - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Russia - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 ABB Ltd.
- Exhibit 89: ABB Ltd. - Overview
- Exhibit 90: ABB Ltd. - Business segments
- Exhibit 91: ABB Ltd. - Key news
- Exhibit 92: ABB Ltd. - Key offerings
- Exhibit 93: ABB Ltd. - Segment focus
- 10.4 ALSTOM SA
- Exhibit 94: ALSTOM SA - Overview
- Exhibit 95: ALSTOM SA - Business segments
- Exhibit 96: ALSTOM SA - Key news
- Exhibit 97: ALSTOM SA - Key offerings
- Exhibit 98: ALSTOM SA - Segment focus
- 10.5 DXC Technology Co.
- Exhibit 99: DXC Technology Co. - Overview
- Exhibit 100: DXC Technology Co. - Business segments
- Exhibit 101: DXC Technology Co. - Key news
- Exhibit 102: DXC Technology Co. - Key offerings
- Exhibit 103: DXC Technology Co. - Segment focus
- 10.6 General Electric Co.
- Exhibit 104: General Electric Co. - Overview
- Exhibit 105: General Electric Co. - Business segments
- Exhibit 106: General Electric Co. - Key news
- Exhibit 107: General Electric Co. - Key offerings
- Exhibit 108: General Electric Co. - Segment focus
- 10.7 Hitachi Ltd.
- Exhibit 109: Hitachi Ltd. - Overview
- Exhibit 110: Hitachi Ltd. - Business segments
- Exhibit 111: Hitachi Ltd. - Key news
- Exhibit 112: Hitachi Ltd. - Key offerings
- Exhibit 113: Hitachi Ltd. - Segment focus
- 10.8 Indra Sistemas SA
- Exhibit 114: Indra Sistemas SA - Overview
- Exhibit 115: Indra Sistemas SA - Business segments
- Exhibit 116: Indra Sistemas SA - Key offerings
- Exhibit 117: Indra Sistemas SA - Segment focus
- 10.9 International Business Machines Corp.
- Exhibit 118: International Business Machines Corp. - Overview
- Exhibit 119: International Business Machines Corp. - Business segments
- Exhibit 120: International Business Machines Corp. - Key offerings
- Exhibit 121: International Business Machines Corp. - Segment focus
- 10.10 Siemens AG
- Exhibit 122: Siemens AG - Overview
- Exhibit 123: Siemens AG - Business segments
- Exhibit 124: Siemens AG - Key news
- Exhibit 125: Siemens AG - Key offerings
- Exhibit 126: Siemens AG - Segment focus
- 10.11 Thales Group
- Exhibit 127: Thales Group - Overview
- Exhibit 128: Thales Group - Business segments
- Exhibit 129: Thales Group - Key offerings
- Exhibit 130: Thales Group - Segment focus
- 10.12 Toshiba Corp.
- Exhibit 131: Toshiba Corp. - Overview
- Exhibit 132: Toshiba Corp. - Business segments
- Exhibit 133: Toshiba Corp. - Key news
- Exhibit 134: Toshiba Corp. - Key offerings
- Exhibit 135: Toshiba Corp. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 136: Inclusions checklist
- Exhibit 137: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 138: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 139: Research methodology
- Exhibit 140: Validation techniques employed for market sizing
- Exhibit 141: Information sources
- 11.5 List of abbreviations
- Exhibit 142: List of abbreviations
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