
South & Central America Rolling Stock Management Market Forecast to 2028 - Regional Analysis - by Management Type (Rail Management and Infrastructure Management) and Maintenance Service (Corrective Maintenance, Preventive Maintenance, and Predictive Maint
Description
South & Central America Rolling Stock Management Market Forecast to 2028 - Regional Analysis - by Management Type (Rail Management and Infrastructure Management) and Maintenance Service (Corrective Maintenance, Preventive Maintenance, and Predictive Maintenance)
The South & Central America rolling stock management market was valued at US$ 2,316.04 million in 2022 and is expected to reach US$ 2,958.24 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2022 to 2028.
Integration of 5G and IoT in Rolling Stock Management System fuel the South & Central America Rolling Stock Management Market
The use of 5G in the rolling stock management provides higher bandwidth for the data transmission between the rolling stock and authorities engaged in its management. It also improves train-to-ground communications and helps the operators make better decisions regarding the action needed to maintain the reliable operation of the rolling stock. The capability of the 5G allows the rolling stock and the operator to gain real-time connectivity for the ticketing services, travel information, and IoT-based maintenance data collection for engineering staff. The IoT-based devices in the rolling stock management system improve the operator efficiency to better manage and control the rolling stock. For example, the IoT-based sensor attached to the rolling stock carriage can detect unusual activity, providing early alerts to the operator and authorities regarding potential component failure. IoT-based devices collect real-time information about the rolling stock and help the operator to better plan and manage the preventative maintenance cycles to reduce the consequence of component failure. This factor improves the performance and lifespan of the rolling stock and further contributes to the overall security of the passengers and cargo activities. Thus, the integration of advanced technologies such as 5G and IoT with rolling stock and its management system is likely to create a lucrative opportunity for the South & Central America rolling stock management market growth in the coming years.
South & Central America Rolling Stock Management Market Overview
Countries in South & Central America, such as Argentina, Brazil, Chile, and Peru, invested heavily in railway infrastructure in 2020. The rail network in South & Central America consists of passenger services, freight transportation, modernization, and investment in rail infrastructure. The government of in South & Central America are increasing the railway routes, stations, and infrastructures. For instance, in September 2021, Brazil launched two new railway projects worth US$ 519.3 million. As the number of railways or rail stations increases, the infrastructure of the rail industry in South & Central America will increase. Such projects will boost the maintenance services of rolling stock management. Therefore, with the increasing demand for rolling stock maintenance services, the rolling stock management market is growing.
South & Central America Rolling Stock Management Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Rolling Stock Management Market Segmentation
The South & Central America rolling stock management market is segmented based on management type, maintenance service, and country. Based on management type, the South & Central America rolling stock management market is bifurcated into rail management and infrastructure management. The rail management segment held a larger market share in 2022. The rail management segment is further subsegmented into remote diagnostic management, wayside management, train management, asset management, cab advisory, and others. Additionally, the infrastructure management segment is categorized into control room management, station management, automatic fare collection management, and others.
Based on maintenance service, the South & Central America rolling stock management market is segmented into corrective maintenance, preventive maintenance, and predictive maintenance. The corrective maintenance segment held the largest market share in 2022.
Based on country, the South & Central America rolling stock management market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America rolling stock management market share in 2022.
Alstom SA, ABB Ltd, Mitsubishi Electric Corp, Siemens Mobility GmbH, Talgo SA, Thales SA, Toshiba Infrastructure Systems and Solutions Corp, and Trimble Inc. are some of the leading companies operating in the South & Central America rolling stock management market.
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Table of Contents
121 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. South & Central America Rolling Stock Management Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 South & Central America
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinions
- 5. South & Central America Rolling Stock Management Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Expansion of Rail Industry
- 5.1.2 Rising Safety and Security Concerns Regarding Rail Infrastructure
- 5.2 Market Restraints
- 5.2.1 Limited Use of Rolling Stock for Transportation
- 5.3 Market Opportunities
- 5.3.1 Integration of 5G and IoT in Rolling Stock Management System
- 5.4 Future Trends
- 5.4.1 Use of Robotics in Rolling Stock Management
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Rolling Stock Management - South & Central America Market Analysis
- 6.1 South & Central America Rolling Stock Management Market Revenue Forecast and Analysis
- 7. South & Central America Rolling Stock Management Market - by Management type
- 7.1 Overview
- 7.2 Rolling Stock Management Market, by Management Type (2022 and 2028)
- 7.3 Rail Management
- 7.3.1 Overview
- 7.3.2 Rail Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 7.3.2.1 Remote Diagnostic Management
- 7.3.2.1.1 Overview
- 7.3.2.1.2 Remote Diagnostic Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 7.3.2.2 Wayside Management
- 7.3.2.2.1 Overview
- 7.3.2.2.2 Wayside Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 7.3.2.3 Train management
- 7.3.2.3.1 Overview
- 7.3.2.3.2 Train management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 7.3.2.4 Asset Management
- 7.3.2.4.1 Overview
- 7.3.2.4.2 Asset Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 7.3.2.5 Cab Advisory
- 7.3.2.5.1 Overview
- 7.3.2.5.2 Cab Advisory: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 7.3.2.6 Others
- 7.3.2.6.1 Overview
- 7.3.2.6.2 Others: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4 Infrastructure Management
- 7.4.1 Overview
- 7.4.2 Infrastructure Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4.2.1 Control Room Management
- 7.4.2.1.1 Overview
- 7.4.2.1.2 Control Room Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4.2.2 Station Management
- 7.4.2.2.1 Overview
- 7.4.2.2.2 Station Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4.2.3 Automatic Fare Collection Management
- 7.4.2.3.1 Overview
- 7.4.2.3.2 Automatic Fare Collection Management: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4.2.4 Others
- 7.4.2.4.1 Overview
- 7.4.2.4.2 Others: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 8. South & Central America Rolling Stock Management Market - by Maintenance Service
- 8.1 Overview
- 8.2 Rolling Stock Management Market, by Maintenance Service (2022 and 2028)
- 8.3 Corrective Maintenances
- 8.3.1 Overview
- 8.3.2 Corrective Maintenance: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 8.4 Preventive Maintenance
- 8.4.1 Overview
- 8.4.2 Preventive Maintenance: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 8.5 Predictive Maintenance
- 8.5.1 Overview
- 8.5.2 Predictive Maintenance: Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- 9. South & Central America Rolling Stock Management Market - Country Analysis
- 9.1 South & Central America: Rolling Stock Management Market
- 9.1.1 South & Central America: Rolling stock management Market, by Key Country
- 9.1.1.1 Brazil: Rolling stock management Market - Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.1.1 Brazil: Rolling Stock Management Market, by Management Type
- 9.1.1.1.1.1 Brazil: Rolling Stock Management Market, by Rail Management
- 9.1.1.1.1.2 Brazil: Rolling Stock Management Market, by Infrastructure Management
- 9.1.1.1.2 Brazil: Rolling Stock Management Market, by Maintenance Services
- 9.1.1.2 Argentina: Rolling stock management Market - Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.2.1 Argentina: Rolling Stock Management Market, by Management Type
- 9.1.1.2.1.1 Argentina: Rolling Stock Management Market, by Rail Management
- 9.1.1.2.1.2 Argentina: Rolling Stock Management Market, by Infrastructure Management
- 9.1.1.2.2 Argentina: Rolling Stock Management Market, by Maintenance Services
- 9.1.1.3 Rest of South & Central America: Rolling stock management Market - Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.3.1 Rest of South & Central America: Rolling Stock Management Market, by Management Type
- 9.1.1.3.1.1 Rest of South & Central America: Rolling Stock Management Market, by Rail Management
- 9.1.1.3.1.2 Rest of South & Central America: Rolling Stock Management Market, by Infrastructure Management
- 9.1.1.3.2 Rest of South & Central America: Rolling Stock Management Market, by Maintenance Services
- 10. Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.3 Product Development
- 11. Company Profiles
- 11.1 Alstom SA
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 ABB Ltd
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Mitsubishi Electric Corp
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Siemens Mobility GmbH
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Talgo SA
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 Thales SA
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 Toshiba Infrastructure Systems and Solutions Corp
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 Trimble Inc
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Word Index
- LIST OF TABLES
- Table 1. South & Central America Rolling Stock Management Market Revenue and Forecast to 2028 (US$ Million)
- Table 2. South & Central America: Rolling stock management Market, by Country - Revenue and Forecast to 2028 (US$ Million)
- Table 3. Brazil: Rolling Stock Management Market, by Management Type - Revenue and Forecast to 2028 (US$ Million)
- Table 4. Brazil: Rolling Stock Management Market, by Rail Management - Revenue and Forecast to 2028 (US$ Million)
- Table 5. Brazil: Rolling Stock Management Market, by Infrastructure Management - Revenue and Forecast to 2028 (US$ Million)
- Table 6. Brazil: Rolling Stock Management Market, by Maintenance Services - Revenue and Forecast to 2028 (US$ Million)
- Table 7. Argentina: Rolling Stock Management Market, by Management Type - Revenue and Forecast to 2028 (US$ Million)
- Table 8. Argentina: Rolling Stock Management Market, by Rail Management - Revenue and Forecast to 2028 (US$ Million)
- Table 9. Argentina: Rolling Stock Management Market, by Infrastructure Management - Revenue and Forecast to 2028 (US$ Million)
- Table 10. Argentina: Rolling Stock Management Market, by Maintenance Services - Revenue and Forecast to 2028 (US$ Million)
- Table 11. Rest of South & Central America: Rolling Stock Management Market, by Management Type - Revenue and Forecast to 2028 (US$ Million)
- Table 12. Rest of South & Central America: Rolling Stock Management Market, by Rail Management - Revenue and Forecast to 2028 (US$ Million)
- Table 13. Rest of South & Central America: Rolling Stock Management Market, by Infrastructure Management - Revenue and Forecast to 2028 (US$ Million)
- Table 14. Rest of South & Central America: Rolling Stock Management Market, by Maintenance Services - Revenue and Forecast to 2028 (US$ Million)
- Table 15. List of Abbreviation
- LIST OF FIGURES
- Figure 1. South & Central America Rolling stock management Market Segmentation
- Figure 2. South & Central America Rolling Stock Management Market Segmentation - by Country
- Figure 3. South & Central America Rolling Stock Management Market Overview
- Figure 4. South & Central America Rolling Stock Management Market, by Management Type
- Figure 5. South & Central America Rolling Stock Management Market, by Maintenance Services
- Figure 6. South & Central America Rolling Stock Management Market, by Country
- Figure 7. South & Central America- PEST Analysis
- Figure 8. South & Central America Rolling Stock Management Market- Ecosystem Analysis
- Figure 9. South & Central America Expert Opinions
- Figure 10. South & Central America Rolling Stock Management Market: Impact Analysis of Drivers and Restraints
- Figure 11. South & Central America Rolling Stock Management Market Revenue Forecast and Analysis (US$ Million)
- Figure 12. South & Central America Rolling Stock Management Market Revenue Share, by Management Type (2022 and 2028)
- Figure 13. Rail Management: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 14. Remote Diagnostic Management: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 15. Wayside Management: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 16. Train management: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 17. Asset Management: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 18. Cab Advisory: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 19. Others: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 20. Infrastructure Management: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 21. Control Room Management: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 22. Station Management: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Automatic Fare Collection Management: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Others: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 25. South & Central America Rolling Stock Management Market Revenue Share, by Maintenance Service (2022 and 2028)
- Figure 26. Corrective Maintenance: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 27. Preventive Maintenance: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 28. Predictive Maintenance: South & Central America Rolling Stock Management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 29. South & Central America Rolling Stock Management Market, by Key Country - Revenue (2022) (US$ Million)
- Figure 30. South & Central America: Rolling Stock Management Market Revenue Share, by Key Country (2022 and 2028)
- Figure 31. Brazil: Rolling stock management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 32. Argentina: Rolling stock management Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 33. Rest of South & Central America: Rolling stock management Market - Revenue and Forecast to 2028 (US$ Million)
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