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Smart Railways Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025

Smart Railways Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025

Introduction

Smart railways comprise solutions (software), devices & components (hardware) and services (professional, cloud and integration), which redefine and make intelligent use of rail assets and rail network communication by combining Information and Communication Technology (ICT) with smart transportation systems that facilitate connected, rapid, efficient and safer mode of travelling for commuters. In an era of digital communication, the gap between the physical and digital world is fading swiftly and being replaced with an entirely new mode in which the smart rail functions.

Report Synopsis

In this report, Future Market Insights presents a 10-year forecast of the global smart railways market between 2015 and 2025. The report considers 2014 as the base year and provides data for the following 12 months. In terms of revenue, the smart railways market is expected to register a CAGR of 22.3% during the forecast period.

Report Description

This research report provides a detailed market analysis, identifying all the primary forces driving the rapid growth of the smart railways market across the concerned regions. This study delivers insights about market dynamics across the seven key regions, which are expected to influence the current nature and future status of the smart railways market during the forecast period (2015-2025).

Introduction of metro and high speed rail projects, smart cities and smart transportation across the globe and increasing government support for railways are among the major factors driving growth of the global smart railways market. Furthermore, growing urbanisation & population worldwide and increasing safety and security concerns among travellers are some of the major factors contributing to growth of the global smart railways market.

The report includes FMI’s analysis of key trends, drivers and restraints influencing growth of the global smart railways market. A weighted average model is leveraged to identify the impact of the key growth drivers and restraints across the concerned regions in the market, in order to help clients in framing accurate business strategies.

The global smart railways market is segmented on the basis of offering type and region. On the basis of offering type, the smart railways market is segmented into devices and components, solutions and services. The report offers a detailed analysis of each of these segments in terms of market size (US$ Bn). Key regions assessed in the report are North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa.

Given the ever-fluctuating global economy, the report not only forecasts the market on the basis of CAGR, but also analyses the impact of key parameters during each year of the forecast period. This helps the clients to understand the predictability of the market and to identify the right opportunities in the global market during the forecast period. Also, a noteworthy feature of this report is the analysis of all vital segments in terms of absolute dollar opportunity, which is critical for assessing the level of revenue opportunity in the market.

In the final section of the report, a competitive landscape of the market is included in order to present the clients with a dashboard view, based on core business segments, revenue share and key growth strategy. This section is important for gleaning insights about participants in the market’s ecosystem. Additionally, it enables identification and evaluation of key competitors based on the in-depth assessment of their capabilities and successes in the marketplace. The report offers comprehensive profiles of the providers in order to evaluate their long and short-term strategies related to products across various regions, key offerings, and recent developments in the smart railways space. Key competitors covered in this report include Huawei Technologies Co. Ltd., ABB Group, Indra Sistemas, S.A., Bombardier Inc., Hitachi, Ltd., Cisco Systems, Inc., Alstom S.A., Siemens AG, IBM Corporation, General Electric Co., Alcatel-Lucent S.A. and Ansaldo STS.

Research Methodology

In order to evaluate the smart railways market size, revenue generated by smart railways manufacturers and providers has been taken into consideration. Market estimates have been analysed keeping in mind various factors, such as technological, environmental, economical, legal and social. In order to provide accurate market forecast statistics, the current market was sized as it forms the basis of how the smart railways market would perform during the forecast period. Given the characteristics of the market, we triangulated the outcome on the basis of three different types of processes, namely secondary research, primary research and data from paid database. Primary research represents the bulk of our research efforts, supplemented by extensive secondary research. Secondary research includes product literature of key players, annual reports, press releases and relevant documents, recent trade journals, related technical write-ups, Internet sources, trade associations, agencies and statistical data from government websites. This collated data from primary and secondary sources is then analysed by the in-house research panel using market research statistical tools, which equates to the most appropriate methodology to provide a quality market research report.

Key Segments Covered

By Offering Type
Devices & Components
Rail Sensors
Video Surveillance Cameras
Smart Cards
Networking & Connectivity Devices (Router, Wi-Fi, Switches, etc.)
Others (Multimedia Displays)
Services
Professional Services
Cloud Services
Integration Services
Solutions
Passenger Information System (PIS)
Railway Traffic Management System (RTMS)
Advanced Security Management System
Smart Ticketing System (STS)
Rail Operations Management System
Rail Communication & Networking Systems
Others (Rail Analytics System and Freight Information System)

Key Regions/Countries Covered

North America
U.S.
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Western Europe
Germany
Italy
France
U.K.
Spain
Nordic
BENELUX
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific Excluding Japan (APEJ)
China
India
Australia & New Zealand
Rest of APEJ
Japan
Middle East & Africa
GCC
North Africa
South Africa
Rest of MEA

Key Companies

Huawei Technologies Co. Ltd.
ABB Group
Indra Sistemas, S.A.
Bombardier Inc.
Hitachi, Ltd.
Cisco Systems, Inc.
Alstom S.A.
Siemens AG
IBM Corporation
General Electric Co.
Alcatel-Lucent S.A.
Ansaldo STS


1. Global Smart Railways Market - Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Global Smart Railways Market Overview
4.1. Introduction
4.1.1. Smart Railways Market Definition
4.1.2. Smart Railways Market Taxonomy
4.2. Smart Railways Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.3. Global Smart Railways Value Chain
4.4. Global Smart Railways Market Size & Forecast, 2015-2025
4.4.1. Market Size Forecast
4.4.2. Y-o-Y Growth Projections
4.4.3. Absolute $ Opportunity
4.5. Global Smart Railways Market Trends
4.6. Global Smart Railways Market Snapshot
4.6.1. Market Share, By Offering
4.6.1.1. Market Share By Device & Component Segment
4.6.1.2. Market Share By Service Segment
4.6.1.3. Market Share By Solution Segment
4.6.2. Market Share, By Region
5. Global Smart Railways Market Analysis By Offering
5.1. Introduction
5.1.1. Y-o-Y Growth Comparison By Offering
5.1.2. Market Share & Basis Point (BPS) Analysis By Offering
5.2. Market Size and Forecast By Offering
5.2.1. Device & Component Segment
5.2.1.1. Absolute $ Opportunity
5.2.1.2. Market Size Forecast By Region
5.2.2. Solution Segment
5.2.2.1. Absolute $ Opportunity
5.2.2.2. Market Size Forecast By Region
5.2.3. Service Segment
5.2.3.1. Absolute $ Opportunity
5.2.3.2. Market Size Forecast By Region
5.3. Market Attractiveness Analysis By Offering
6. Global Market Analysis By Device and Component
6.1. Introduction
6.1.1. Y-o-Y Growth Comparison By Device and Component
6.1.2. Market Share & Basis Point (BPS) Analysis By Device and Component
6.2. Market Forecast By Device & Component Segment
6.2.1. Rail Sensors Sub-segment
6.2.1.1. Absolute $ Opportunity
6.2.1.2. Market Size Forecast
6.2.2. Video Surveillance Cameras Sub-segment
6.2.2.1. Absolute $ Opportunity
6.2.2.2. Market Size Forecast
6.2.3. Smart Cards Sub-segment
6.2.3.1. Absolute $ Opportunity
6.2.3.2. Market Size Forecast
6.2.4. Networking & Connectivity devices Sub-segment
6.2.4.1. Absolute $ Opportunity
6.2.4.2. Market Size Forecast
6.2.5. Others (Multimedia display)
6.2.5.1. Absolute $ Opportunity
6.2.5.2. Market Size Forecast
6.3. Market Attractiveness Analysis, By Device & Component Segment
7. Global Market Analysis By Service Segment
7.1. Introduction
7.1.1. Y-o-Y Growth Comparison By Service Segment
7.1.2. Market Share & Basis Point (BPS) Analysis By Service Segment
7.2. Market Forecast By Device & Component Segment
7.2.1. Professional Services Sub-segment
7.2.1.1. Absolute $ Opportunity
7.2.1.2. Market Size Forecast
7.2.2. Cloud Service Sub-segment
7.2.2.1. Absolute $ Opportunity
7.2.2.2. Market Size Forecast
7.2.3. Integration & implementation Service Sub-segment
7.2.3.1. Absolute $ Opportunity
7.2.3.2. Market Size Forecast
7.3. Market Attractiveness Analysis By Service Segment
8. Global Market Analysis By Solution Segment
8.1. Introduction
8.1.1. Y-o-Y Growth Comparison By Solution Segment
8.1.2. Market Share & Basis Point (BPS) Analysis By Solution Segment
8.2. Market Forecast By Solution Segment
8.2.1. Passenger Information System (PIS) Sub-segment
8.2.1.1. Absolute $ Opportunity
8.2.1.2. Market Size Forecast
8.2.2. Railway Traffic Management System (RTMS) Sub-segment
8.2.2.1. Absolute $ Opportunity
8.2.2.2. Market Size Forecast
8.2.3. Advanced Security Management System (ASMS) Sub-segment
8.2.3.1. Absolute $ Opportunity
8.2.3.2. Market Size Forecast
8.2.4. Smart Ticketing System (STS) Sub-segment
8.2.4.1. Absolute $ Opportunity
8.2.4.2. Market Size Forecast
8.2.5. Rail Operations Management Systems (ROMS) Sub-segment
8.2.5.1. Absolute $ Opportunity
8.2.5.2. Market Size Forecast
8.2.6. Rail Communication and Networking Systems (RCNS) Sub-segment
8.2.6.1. Absolute $ Opportunity
8.2.6.2. Market Size Forecast
8.2.7. Others (Rail Analytic System, Freight Tracking Solutions) Sub-segment
8.2.7.1. Absolute $ Opportunity
8.2.7.2. Market Size Forecast
8.3. Market Attractiveness Analysis, By Solution Segment
9. Global Smart Railways Market Analysis, By Region
9.1. Introduction
9.1.1. Y-o-Y Growth Projections, By Region
9.1.2. Market Share & Basis Point (BPS) Analysis, By Region
9.2. Market Forecast, By Region
9.2.1. North America Market Size Forecast
9.2.2. Latin America Market Size Forecast
9.2.3. Western Europe Market Size Forecast
9.2.4. Eastern Europe Market Size Forecast
9.2.5. Asia Pacific excluding Japan Market Size Forecast
9.2.6. Japan Market Size Forecast
9.2.7. MEA Market Size Forecast
9.3. Regional Attractiveness Analysis
10. North America Smart Railways Market Analysis
10.1. Introduction
10.1.1. Market Share & Basis Point (BPS) Analysis, By Country
10.1.2. Market Share & Basis Point (BPS) Analysis, By Offering
10.2. North America Market Forecast
10.2.1. Market Size Forecast, By Country
10.2.1.1. US Market Size & Forecast
10.2.1.2. Canada Market Size & Forecast
10.3. Market Size Forecast By Offering
10.3.1. Device & Component Segment
10.3.2. Service Segment
10.3.3. Solution Segment
10.4. Market Attractiveness Analysis
10.4.1. By Country
10.4.2. By Offering
10.5. Drivers & Restraints: Impact Analysis
11. Latin America Smart Railways Market Analysis
11.1. Introduction
11.1.1. Market Share & Basis Point (BPS) Analysis By Country
11.1.2. Market Share & Basis Point (BPS) Analysis, By Offering
11.2. Latin America Market Forecast
11.2.1. Market Size Forecast, By Country
11.2.1.1. Brazil Market Size & Forecast
11.2.1.2. Mexico Market Size & Forecast
11.2.1.3. Rest of Latin America Market Size & Forecast
11.3. Market Size Forecast By Offering
11.3.1. Device & Component Segment
11.3.2. Service Segment
11.3.3. Solution Segment
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Offering
11.5. Drivers & Restraints: Impact Analysis
12. Western Europe Smart Railways Market Analysis
12.1. Introduction
12.1.1. Market Share & Basis Point (BPS) Analysis, By Country
12.1.2. Market Share & Basis Point (BPS) Analysis, By Offering
12.2. Western Europe Market Forecast
12.2.1. Market Size Forecast, By Country
12.2.1.1. Germany Market Size & Forecast
12.2.1.2. Italy Market Size & Forecast
12.2.1.3. France Market Size & Forecast
12.2.1.4. United Kingdom Market Size & Forecast
12.2.1.5. Spain Market Size & Forecast
12.2.1.6. NORDIC Market Size & Forecast
12.2.1.7. BENELUX Market Size & Forecast
12.2.1.8. Rest of Western Europe Market Size & Forecast
12.3. Market Size Forecast, By Offering
12.3.1. Device & Component Segment
12.3.2. Service Segment
12.3.3. Solution Segment
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Offering
12.5. Drivers & Restraints: Impact Analysis
13. Eastern Europe Smart Railways Market Analysis
13.1. Introduction
13.1.1. Market Share & Basis Point (BPS) Analysis By Country
13.1.2. Market Share & Basis Point (BPS) Analysis, By Offering
13.2. Eastern Europe Market Forecast
13.2.1. Market Size Forecast, By Country
13.2.1.1. Poland Market Size & Forecast
13.2.1.2. Russia Market Size & Forecast
13.2.1.3. Rest of Eastern Europe Market Size & Forecast
13.3. Market Size Forecast, By Offering
13.3.1. Device & Component Segment
13.3.2. Service Segment
13.3.3. Solution Segment
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Offering
13.5. Drivers & Restraints: Impact Analysis
14. Asia Pacific excluding Japan Smart Railways Market Analysis
14.1. Introduction
14.1.1. Market Share & Basis Point (BPS) Analysis By Country
14.1.2. Market Share & Basis Point (BPS) Analysis, By Offering
14.2. Asia Pacific excluding Japan Market Forecast
14.2.1. Market Size Forecast, By Country
14.2.1.1. China Market Size & Forecast
14.2.1.2. India Market Size & Forecast
14.2.1.3. Australia and New Zealand Market Size & Forecast
14.2.1.4. Rest of APEJ Market Size & Forecast
14.3. Market Size Forecast, By Offering
14.3.1. Device & Component Segment
14.3.2. Service Segment
14.3.3. Solution Segment
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Offering
14.5. Drivers & Restraints: Impact Analysis
15. Japan Smart Railways Market Analysis
15.1. Introduction
15.1.1. Market Share & Basis Point (BPS) Analysis By Country
15.1.2. Market Share & Basis Point (BPS) Analysis, By Offering
15.2. Japan Market Forecast
15.2.1. Market Size Forecast, By Country
15.3. Market Size Forecast, By Offering
15.3.1. Device & Component Segment
15.3.2. Service Segment
15.3.3. Solution Segment
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Offering
15.5. Drivers & Restraints: Impact Analysis
16. MEA Smart Railways Market Analysis
16.1. Introduction
16.1.1. Market Share & Basis Point (BPS) Analysis By Country
16.1.2. Market Share & Basis Point (BPS) Analysis, By Offering
16.2. MEA Market Forecast
16.2.1. Market Size Forecast, By Country
16.2.1.1. GCC Market Size & Forecast
16.2.1.2. South Africa Market Size & Forecast
16.2.1.3. Rest of MEA Market Size & Forecast
16.3. Market Size Forecast, By Offering
16.3.1. Device & Component Segment
16.3.2. Service Segment
16.3.3. Solution Segment
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Offering
16.5. Drivers & Restraints: Impact Analysis
17. Global Smart Railways Market Key Trends, By Region
18. Competition Landscape
18.1. Competition Dashboard
18.2. Company Profiles
18.2.1. Revenue
18.2.2. Products/Brand Offering
18.2.3. Key developments
18.3. Company Highlights
18.3.1. Siemens AG
18.3.1.1. Revenue
18.3.1.2. Products/Brand Offering
18.3.1.3. Key developments
18.3.1.4. Key Financials
18.3.2. Huawei Technologies Co. Ltd
18.3.2.1. Revenue
18.3.2.2. Products/Brand Offering
18.3.2.3. Key developments
18.3.2.4. Key Financials
18.3.3. Asea Brown Boveri (ABB) Limited
18.3.3.1. Revenue
18.3.3.2. Products/Brand Offering
18.3.3.3. Key developments
18.3.3.4. Key Financials
18.3.4. Indra Sistemas, S.A.
18.3.4.1. Revenue
18.3.4.2. Products/Brand Offering
18.3.4.3. Key developments
18.3.4.4. Key Financials
18.3.5. Bombardier, Inc.
18.3.5.1. Revenue
18.3.5.2. Products/Brand Offering
18.3.5.3. Key developments
18.3.5.4. Key Financials
18.3.6. International Business Machines (IBM) Corporation
18.3.6.1. Revenue
18.3.6.2. Products/Brand Offering
18.3.6.3. Key developments
18.3.6.4. Key Financials
18.3.7. Hitachi Limited
18.3.7.1. Revenue
18.3.7.2. Products/Brand Offering
18.3.7.3. Key developments
18.3.7.4. Key Financials
18.3.8. General Electric
18.3.8.1. Revenue
18.3.8.2. Products/Brand Offering
18.3.8.3. Key developments
18.3.8.4. Key Financials
18.3.9. Cisco Systems, Inc.
18.3.9.1. Revenue
18.3.9.2. Products/Brand Offering
18.3.9.3. Key developments
18.3.9.4. Key Financials
18.3.10. Alstom SA
18.3.10.1. Revenue
18.3.10.2. Products/Brand Offering
18.3.10.3. Key developments
18.3.10.4. Key Financials
18.3.11. Alcatel-Lucent
18.3.11.1. Revenue
18.3.11.2. Products/Brand Offering
18.3.11.3. Key developments
18.3.11.4. Key Financials
18.3.12. Ansaldo STS
18.3.12.1. Revenue
18.3.12.2. Products/Brand Offering
18.3.12.3. Key developments
18.3.12.4. Key Financials

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