Connected Rail Market Set to Grow Exponentially During the Forecast 2017 - 2022-

Press Release   •   Jan 03, 2018 08:09 EST

Connected rail market was estimated to be USD 77.27 billion in 2017 and is projected to reach USD 105.44 billion by 2022, at a CAGR of 6.42%.

Get Sample Copy of Connected Rail Market spread across 107 pages, profiling 13 companies and supported with 62 tables and 41 figures is now available at Report at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1046880

The key players in the Connected Rail Market includeWabtec Corporation (U.S.), Siemens AG (Germany), Hitachi Limited (Japan), Calamp Corp.(U.S.), Trimble, Inc. (U.S.), IBM Corp. (U.S.), Robert Bosch GmbH (Germany), Huawei Technologies Co. Ltd (China), Cisco Systems, Inc. (U.S.), Nokia Corp. (Finland), Atos SE (France), Tech Mahindra (India), Sierra Wireless Inc. (U.S.).

The region consists of major rail and technology manufacturing companies and foreign players, in countries like China, Japan, India, and South Korea which supports the growth of connected rail market. The Asia-Pacific region is projected to be the largest market share holder in the year 2022, for connected rail market, in terms of value. The growing urbanization in India, China and Japan, smart city projects, Chinese policy of 'One Belt and One Road’, among others is estimated to further register high growth rate in the connected rail market in the region.

Target Audience:

  • Railway associations
  • Industry experts for rail industry
  • Rail manufacturers/OEMS manufacturers and suppliers
  • Rail industry software services technology providers for rail industry
  • Connected rail services providers
  • Rail components manufacturers

Inquire For Complete Report Copy of Connected Rail Market by Service (Passenger Mobility, PIS, Train Tracking & Monitoring, Automated Fare Collection System, Predictive maintenance), Rail signaling system (PTC, CBTC & ATC), Rolling Stock, and Region - Global forecast to 2022 http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1046880

The Computer Based Train Control (CBTC) are upgraded system of typical old-block signaling system. The CBTC equipped train are capable of calculating, communicating, and providing update through radio to the wayside equipment distributed along the line. CBTC system allows the optimal utilization of the existing rail infrastructure in achieving maximum capacity and minimum headway between operating trains, while maintaining the safety requirements. These technology have fueled the growth of connected rail technology.

Every industry requires maintenance schedule after certain period, in order to ensure things are on the flow without any constraints. The railway industry, where before practicing preventive maintenance at the early stage, later on shifted to predictive maintenance, which optimized management of spares and inventories parts, real time monitor of rail, reduction of down time and delays. Reducing downtime and early prediction of maintenance are the key to the efficient rail transport, which directly drives the connected rail market.

Get Discount on “Connected Rail Market” is now available at http://www.rnrmarketresearch.com/contacts/discount?rname=1046880

The report segments the market for connected rail based on rail services type. The connected rail, based on rail services type has been segmented into passenger mobility & services, passenger information system, train tracking & monitoring solutions, automated fare collection system, IP video surveillance, predictive maintenance and among the others. Further connected rail segmented into by rolling stock, the segment includes diesel locomotive, electric locomotive, DMU, EMU, light rail/tram car, subway/metro vehicle, passenger coach, and freight wagon. The connected rail again segmented by connected safety and signaling system, includes positive train control, communication/computer based train control and automatic/integrated train control and by region (Asia-Pacific, Europe, North America, and ROW).

About Us:

RnRMarketResearch.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Contact Us:
Corporate Headquarters
2nd floor, metropole,
Next to inox theatre,
Bund garden road, Pune-411001.
+ 1 888 391 5441 sales@rnrmarketresearch.com