Global Rail System Market (2022 to 2027) | So Good News

DUBLIN, 21 October 2022 /PRNewswire/ — “Global Railway System Market by System Type (Auxiliary Power, HVAC, Propulsion, On-Board Vehicle Control, Train Information and Train Safety), Transit Type, Application (Passenger and Freight) and Region – Forecast to 2027” report has been added ResearchAndMarkets.com’s Offering.

The global rail system market is estimated to grow at a CAGR of 4.2%, from USD 25.1 billion in 2022 to USD 30.9 billion by 2027.

Europe is expected to be the largest rail system market for passenger train transportation during the forecast period

Most European rails are equipped with advanced technologies that include wireless radio connectivity, wireless data transmission, environmentally friendly cars and comfort features. However, the use of advanced technologies is lower Eastern Europe compared with Western Europe countries such as the United Kingdom, Germany, Franceand Spain.

This gives rail system providers an opportunity to increase their presence in Eastern Europe. EU Railways’ goal is to build 31,000 km of high-speed rail by 2030. Furthermore, projects such as the European Rail Research Advisory Council (ERRAC), FP7 projects, Horizon 2020 and SHIFT2RAIL will increase the growth of the European rail system market.

The Train Information System is expected to grow at a significant rate for the forecast year

Train Information System (TIS) is a communication system used to provide information to passengers and enables two-way communication between passengers and operators. It is an electronically operated device that provides visual and acoustic information about the route, which is operated automatically and programmed manually. TIS can provide real-time tracking, on-the-go route information, travel planning, real-time arrival prediction systems, online connectivity solution.

The onboard resources needed to host a variety of applications, including entertainment, passenger information and passenger counting, are provided through edge computing. The growing demand for connected trains and high-speed trains is driving the demand for train information systems. Furthermore, the advent of autonomous trains will act as a catalyst in the growth of the train information system market in the future.

The story continues

Japan is estimated to hold significant market share in the rail system market during the forecast period

Japan is a technology leader in the rail system market. The country continuously invests in the development of innovative technologies in the rail system market. The Japanese rail system market is driven primarily by Shinkansen (high-speed rail) trains. These trains are equipped with advanced systems for their operations. Japanese manufacturers offer one of the best train safety and train information systems.

For example, Toshiba supplies train information control systems that include extremely reliable CPUs and high-speed transmission technologies. These systems functionally combine highly efficient equipment control for rolling stock, safe operation and adequate passenger notification services. Furthermore, Toshiba offers integrated systems that communicate between rolling stock and the ground to provide information on operation and maintenance.

Key topics covered:

1. Introduction

2 Research methodology

3 Summary

4 Premium Insights

4.1 Attractive opportunities for players in the rail system market

4.2 Market share, by region

4.3 Market, in transit

4.4 Market, upon application

4.5 Market, by system

5 Market overview

5.1 Introduction

5.2 Market dynamics

5.2.1 Drivers

5.2.1.1 Increasing preference for public rail transport to reduce traffic congestion

5.2.1.2 Increasing demand for energy-efficient transport

5.2.1.3 Increasing penetration of emus

5.2.1.4 Refurbishment of existing rolling stock

5.2.2 Limitations

5.2.2.1 Capital-intensive and high development complexes

5.2.3 Opportunities

5.2.3.1 Increasing railway projects worldwide

5.2.3.2 Public support for alternative fuel-powered railway operations

5.2.3.3 Emerging countries towards high-speed rail for rapid transit

5.2.3.4 Increase in the use of railways for industrial and mining activities

5.2.4 Challenges

5.2.4.1 High overhaul and maintenance costs

5.2.5 The effect of market dynamics

5.3 Porter’s five forces

5.4 Trends affecting customer business

5.5 Patent Analysis

5.5.1 Introduction

5.5.2 Patents legal status

5.5.3 Top patent applicants

5.6 Case study analysis

5.6.1 Golinc-M modules

5.7 Trade analysis

5.8 Important conferences and events, 2022–2023

5.9 Tariff and regulatory landscape

5.9.1 Regulatory bodies, public agencies and other organisations

5.10 Macro indicator analysis

5.10.1 Growth in the rail system market

5.10.2 GDP (billions of USD)

5.10.3 Gni per capita, Atlas method (USD)

5.10.4 GDP per capita PPP (USD)

5.10.5 Macro indicators affecting the market, top three countries

5.10.5.1 Germany

5.10.5.2 United States

5.10.5.3 China

5.11 Ecosystem analysis

5.12 Technology analysis

5.12.1 Introduction

5.12.2 Regenerative braking in trains

5.12.3 Autonomous trains

5.13 Railway System Market Scenarios (2022-2027)

5.13.1 Most likely scenario

5.13.2 Optimistic scenario

5.13.3 Pessimistic scenario

6 Railway System Market, with transit

6.1 Introduction

6.2 Operating data

6.2.1 Prerequisites

6.2.2 Research methodology

6.3 Conventional

6.3.1 Increasing trend for electrification

6.3.2 Diesel locomotives

6.3.3 Electric locomotives

6.3.4 Electro-diesel locomotives

6.3.5 Trainers

6.4 Fast

6.4.1 Increasing investments from emerging countries in metro projects

6.4.2 Diesel Multiple Unit (Dmu)

6.4.3 Electric multiple unit (Emu)

6.4.4 Light rail/tram

6.4.5 Subway/Subway

7 Rail system market, by system

7.1 Introduction

7.2 Operating data

7.2.1 Prerequisites

7.2.2 Research methodology

7.3 Propulsion system

7.3.1 Increasing demand for hybrid and battery-powered trains

7.4 Auxiliary power system

7.4.1 Need for modern, light auxiliary power systems

7.5 Train information system

7.5.1 Integration of IT and Edge Computing

7.6 Train safety system

7.6.1 for safe and comfortable passenger transport

7.7 Plumbing system

7.7.1 Necessary to reduce the rate of infections after COVID-19

7.8 Vehicle control on board

7.8.1 Technological cooperation leads to progress

8 Railway system market, by application

8.1 Introduction

8.1.1 Operating data

8.1.2 Prerequisites

8.1.3 Research methodology

8.2 Freight transport

8.2.1 Increasing mining and industrial activity

8.3 Passenger transport

8.3.1 Rapid urbanization expected for the fuel segment

9 Rail system market, by region

10 Competitive landscape

10.1 Overview

10.2 Market Ranking Analysis

10.3 Revenue Analysis of Top Players

10.4 Competition scenario

10.4.1 New product developments

10.4.2 Partnerships/supply contracts/Collaboration/Joint Ventures/License agreements

10.4.3 Extensions

10.5 Mapping of competitive leadership

10.5.1 Stars

10.5.2 Through companies

10.5.3 Emerging leaders

10.5.4 Participants

10.6 Business evaluation quadrant

10.7 SME Evaluation Quadrant

10.7.1 Progressive companies

10.7.2 Responsive companies

10.7.3 Dynamic companies

10.7.4 Starting blocks

10.8 SME Evaluation Quadrant

11 Company profiles

11.1 Key players

11.1.1 CRRC

11.1.2 Alstom

11.1.3 ABB

11.1.4 Knorr-Bremse

11.1.5 The thermo king

11.1.6 Siemens

11.1.8 Mitsubishi Heavy Industries

11.1.9 Toshiba

11.1.10 Hitachi

11.1.10.2 Products offered

11.1.10.3 Recent Developments

11.2 Other Key Players

11.2.1 Construcciones Y Auxiliar De Ferrocarriles (Caf)

11.2.2 Structure

11.2.3 Woojin Industrial Systems

11.2.4 American Equipment Company

11.2.5 Inge team

11.2.6 Calamp

11.2.7 Sinara transport machines

11.2.8 Fuji Electric

11.2.9 Skoda Transport

11.2.10 Medcom

12 Analysts’ recommendations

13 Appendix

For more information on this report visit https://www.researchandmarkets.com/r/snbfp9

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