Railway Management System Market Overview
The global railway management system market is expected to be driven mainly by increased demand for a dynamic and swift transport mode. The continuous growth in the number of travelers and the demand for rails/trains is projected to boost the growth of the railway management system market in the next few years. Additionally, another key factor such as increasing safety standards and integration of automated systems to provide efficient, reliable, and safe service. As well, the operations are coupled with all new information and communication technologies are remarkably expanding the market’s growth over the forecast period.
Additionally, the rise in the participation of the private entities in government-managed rail markets, road congestion issues due to rapid urbanization as well as increasing demand for multimodal transport and low-fares will be contributing more to the railway management system market’s development in the coming years.
On the downside, growing freight traffic along with an un-optimized use of rail network. Also, inefficient management and operating cost are some major facts hampering the growth of the market.
Railway Management System Market Segment Overview
According to Components, the services segment has remarkable growth in the market. The railway management services have gained more traction owing to the higher adoption of IoT and smart technologies. Also, increasing deployment of railway management solutions for streamlining superior rail operations and their related activities.
Moreover, the System Integration and Deployment is the fastest-growing segment in the market. System integration and deployment services are helping to identify the need for adaptation and up-gradation to support smart railways software in the existing infrastructures and also avoid the restriction of such software. In addition, these services help in speed deployment, save time and costs, allow efficient working, and minimize deployment-related disturbances.
Railway Management System Market Regional Overview
Region-wise, North America and Europe are projected to hold a notable share in the market. This is mainly due to the higher adoption of the latest technologies in these regions. Similarly, Asia Pacific is expected to emerge as a significant region in the global railway management system market. Factors such as strong demand for the railway management system and the technological development in the railway industry will be enhancing the market’s growth during the forecast period in this region.
Railway Management System Market Competitor overview
· In October, 2020, Hitachi Rail STS USA, Inc. ("Hitachi Rail") was Awarded the $798m contract with San Francisco Bay Area Rapid Transit District (BART) to design, build and install the latest generation of technology for digitally controlling trains called Communications-Based Train Control (CBTC), that will result in increased capacity and improved service.
· In January 2020, Siemens Digital Industries Software announced a partnership with global semiconductor IP company Arm, a leading provider of automotive IP and software. The company hopes to achieve active-safety, advanced driver assistance, in-vehicle infotainment, and self-driving vehicles.
Railway Management System Market, Key Players
· Hitachi, Ltd.
· ABB
· Bombardier
· Huawei Technologies Co., Ltd.
· Indra
· Atos SE
· Toshiba
· Tech Mahindra
· Nokia
· Ansaldo
· Siemens
· Thales
· DXC Technology
· Amadeus
· Alstom
· Cisco
· Optasense
· IBM
· General Electric
· GAO RFID
· EKE Electronics
· Sierra Wireless
· Eurotech
· Frequentis
· Trimble
Railway Management System Market Segmentation
Railway Management System Market, By Deployment Model
· Premise
· Cloud
Railway Management System Market, By Components
The global railway management system market is expected to be driven mainly by increased demand for a dynamic and swift transport mode. The continuous growth in the number of travelers and the demand for rails/trains is projected to boost the growth of the railway management system market in the next few years. Additionally, another key factor such as increasing safety standards and integration of automated systems to provide efficient, reliable, and safe service. As well, the operations are coupled with all new information and communication technologies are remarkably expanding the market’s growth over the forecast period.
Additionally, the rise in the participation of the private entities in government-managed rail markets, road congestion issues due to rapid urbanization as well as increasing demand for multimodal transport and low-fares will be contributing more to the railway management system market’s development in the coming years.
On the downside, growing freight traffic along with an un-optimized use of rail network. Also, inefficient management and operating cost are some major facts hampering the growth of the market.
Railway Management System Market Segment Overview
According to Components, the services segment has remarkable growth in the market. The railway management services have gained more traction owing to the higher adoption of IoT and smart technologies. Also, increasing deployment of railway management solutions for streamlining superior rail operations and their related activities.
Moreover, the System Integration and Deployment is the fastest-growing segment in the market. System integration and deployment services are helping to identify the need for adaptation and up-gradation to support smart railways software in the existing infrastructures and also avoid the restriction of such software. In addition, these services help in speed deployment, save time and costs, allow efficient working, and minimize deployment-related disturbances.
Railway Management System Market Regional Overview
Region-wise, North America and Europe are projected to hold a notable share in the market. This is mainly due to the higher adoption of the latest technologies in these regions. Similarly, Asia Pacific is expected to emerge as a significant region in the global railway management system market. Factors such as strong demand for the railway management system and the technological development in the railway industry will be enhancing the market’s growth during the forecast period in this region.
Railway Management System Market Competitor overview
· In October, 2020, Hitachi Rail STS USA, Inc. ("Hitachi Rail") was Awarded the $798m contract with San Francisco Bay Area Rapid Transit District (BART) to design, build and install the latest generation of technology for digitally controlling trains called Communications-Based Train Control (CBTC), that will result in increased capacity and improved service.
· In January 2020, Siemens Digital Industries Software announced a partnership with global semiconductor IP company Arm, a leading provider of automotive IP and software. The company hopes to achieve active-safety, advanced driver assistance, in-vehicle infotainment, and self-driving vehicles.
Railway Management System Market, Key Players
· Hitachi, Ltd.
· ABB
· Bombardier
· Huawei Technologies Co., Ltd.
· Indra
· Atos SE
· Toshiba
· Tech Mahindra
· Nokia
· Ansaldo
· Siemens
· Thales
· DXC Technology
· Amadeus
· Alstom
· Cisco
· Optasense
· IBM
· General Electric
· GAO RFID
· EKE Electronics
· Sierra Wireless
· Eurotech
· Frequentis
· Trimble
Railway Management System Market Segmentation
Railway Management System Market, By Deployment Model
· Premise
· Cloud
Railway Management System Market, By Components
- Services
- Training and consulting
- System integration and deployment
- Support & maintenance
- Solution
- Rail operation management system
- Facility management solution
- Revenue management solution
- Ticketing management solution
- Workforce management solutions
- Rail automation management solution
- Rail traffic management
- Real-time train planning and route scheduling solution
- Intelligent signaling solution
- Centralized traffic control solutions
- Rail asset management system
- Train information solution
- Track monitoring solution
- Rail control system
- Positive train control solution
- Communication based positive train control solution
- Communication based train control solution
- Integrated control system.
- Rail maintenance management system
- Vehicle maintenance scheduling solution
- Predictive analytics for maintenance management solution
- Passenger information system
- Rail security
- Others
- Rail operation management system
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Railway Management System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Deployment Model
- 5.2.1. Premise
- 5.2.2. Cloud
- 5.3. Market Analysis, Insights and Forecast – By Components
- 5.3.1. Services
- 5.3.1.1. Training and consulting
- 5.3.1.2. System integration and deployment
- 5.3.1.3. Support & maintenance
- 5.3.2. Solution
- 5.3.2.1. Rail operation management system
- 5.3.2.1.1. Facility management solution
- 5.3.2.1.2. Revenue management solution
- 5.3.2.1.3. Ticketing management solution
- 5.3.2.1.4. Workforce management solutions
- 5.3.2.1.5. Rail automation management solution
- 5.3.2.2. Rail traffic management
- 5.3.2.2.1. Real-time train planning and route scheduling solution
- 5.3.2.2.2. Intelligent signaling solution
- 5.3.2.2.3. Centralized traffic control solutions
- 5.3.2.3. Rail asset management system
- 5.3.2.3.1. Train information solution
- 5.3.2.3.2. Track monitoring solution
- 5.3.2.4. Rail control system
- 5.3.2.4.1. Positive train control solution
- 5.3.2.4.2. Communication based positive train control solution
- 5.3.2.4.3. Communication based train control solution
- 5.3.2.4.4. Integrated control system
- 5.3.2.5. Rail maintenance management system
- 5.3.2.5.1. Vehicle maintenance scheduling solution
- 5.3.2.5.2. Predictive analytics for maintenance management solution
- 5.3.2.6. Passenger information system
- 5.3.2.7. Rail security
- 5.3.2.8. Others
- 5.3.2.1. Rail operation management system
- 5.3.1. Services
- 5.4.1. North America
- 5.4.2. Latin America
- 5.4.3. Europe
- 5.4.4. Asia Pacific
- 5.4.5. Middle East and Africa
6. North America Railway Management System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Deployment Model
- 6.2.1. Premise
- 6.2.2. Cloud
- 6.3. Market Analysis, Insights and Forecast – By Components
- 6.3.1. Services
- 6.3.1.1. Training and consulting
- 6.3.1.2. System integration and deployment
- 6.3.1.3. Support & maintenance
- 6.3.2. Solution
- 6.3.2.1. Rail operation management system
- 6.3.2.1.1. Facility management solution
- 6.3.2.1.2. Revenue management solution
- 6.3.2.1.3. Ticketing management solution
- 6.3.2.1.4. Workforce management solutions
- 6.3.2.1.5. Rail automation management solution
- 6.3.2.2. Rail traffic management
- 6.3.2.2.1. Real-time train planning and route scheduling solution
- 6.3.2.2.2. Intelligent signaling solution
- 6.3.2.2.3. Centralized traffic control solutions
- 6.3.2.3. Rail asset management system
- 6.3.2.3.1. Train information solution
- 6.3.2.3.2. Track monitoring solution
- 6.3.2.4. Rail control system
- 6.3.2.4.1. Positive train control solution
- 6.3.2.4.2. Communication based positive train control solution
- 6.3.2.4.3. Communication based train control solution
- 6.3.2.4.4. Integrated control system
- 6.3.2.5. Rail maintenance management system
- 6.3.2.5.1. Vehicle maintenance scheduling solution
- 6.3.2.5.2. Predictive analytics for maintenance management solution
- 6.3.2.6. Passenger information system
- 6.3.2.7. Rail security
- 6.3.2.8. Others
- 6.3.2.1. Rail operation management system
- 6.3.1. Services
- 6.4.1. U.S.
- 6.4.2. Canada
7. Latin America Railway Management System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Deployment Model
- 7.2.1. Premise
- 7.2.2. Cloud
- 7.3. Market Analysis, Insights and Forecast – By Components
- 7.3.1. Services
- 7.3.1.1. Training and consulting
- 7.3.1.2. System integration and deployment
- 7.3.1.3. Support & maintenance
- 7.3.2. Solution
- 7.3.2.1. Rail operation management system
- 7.3.2.1.1. Facility management solution
- 7.3.2.1.2. Revenue management solution
- 7.3.2.1.3. Ticketing management solution
- 7.3.2.1.4. Workforce management solutions
- 7.3.2.1.5. Rail automation management solution
- 7.3.2.2. Rail traffic management
- 7.3.2.2.1. Real-time train planning and route scheduling solution
- 7.3.2.2.2. Intelligent signaling solution
- 7.3.2.2.3. Centralized traffic control solutions
- 7.3.2.3. Rail asset management system
- 7.3.2.3.1. Train information solution
- 7.3.2.3.2. Track monitoring solution
- 7.3.2.4. Rail control system
- 7.3.2.4.1. Positive train control solution
- 7.3.2.4.2. Communication based positive train control solution
- 7.3.2.4.3. Communication based train control solution
- 7.3.2.4.4. Integrated control system
- 7.3.2.5. Rail maintenance management system
- 7.3.2.5.1. Vehicle maintenance scheduling solution
- 7.3.2.5.2. Predictive analytics for maintenance management solution
- 7.3.2.6. Passenger information system
- 7.3.2.7. Rail security
- 7.3.2.8. Others
- 7.3.2.1. Rail operation management system
- 7.3.1. Services
- 7.4.1. Brazil
- 7.4.2. Mexico
- 7.4.3. Rest of Latin America
8. Europe Railway Management System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Deployment Model
- 8.2.1. Premise
- 8.2.2. Cloud
- 8.3. Market Analysis, Insights and Forecast – By Components
- 8.3.1. Services
- 8.3.1.1. Training and consulting
- 8.3.1.2. System integration and deployment
- 8.3.1.3. Support & maintenance
- 8.3.2. Solution
- 8.3.2.1. Rail operation management system
- 8.3.2.1.1. Facility management solution
- 8.3.2.1.2. Revenue management solution
- 8.3.2.1.3. Ticketing management solution
- 8.3.2.1.4. Workforce management solutions
- 8.3.2.1.5. Rail automation management solution
- 8.3.2.2. Rail traffic management
- 8.3.2.2.1. Real-time train planning and route scheduling solution
- 8.3.2.2.2. Intelligent signaling solution
- 8.3.2.2.3. Centralized traffic control solutions
- 8.3.2.3. Rail asset management system
- 8.3.2.3.1. Train information solution
- 8.3.2.3.2. Track monitoring solution
- 8.3.2.4. Rail control system
- 8.3.2.4.1. Positive train control solution
- 8.3.2.4.2. Communication based positive train control solution
- 8.3.2.4.3. Communication based train control solution
- 8.3.2.4.4. Integrated control system
- 8.3.2.5. Rail maintenance management system
- 8.3.2.5.1. Vehicle maintenance scheduling solution
- 8.3.2.5.2. Predictive analytics for maintenance management solution
- 8.3.2.6. Passenger information system
- 8.3.2.7. Rail security
- 8.3.2.8. Others
- 8.3.2.1. Rail operation management system
- 8.3.1. Services
- 8.4.1. UK
- 8.4.2. Germany
- 8.4.3. France
- 8.4.4. Italy
- 8.4.5. Spain
- 8.4.6. Russia
- 8.4.7. Rest of Europe
9. Asia Pacific Railway Management System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Deployment Model
- 9.2.1. Premise
- 9.2.2. Cloud
- 9.3. Market Analysis, Insights and Forecast – By Components
- 9.3.1. Services
- 9.3.1.1. Training and consulting
- 9.3.1.2. System integration and deployment
- 9.3.1.3. Support & maintenance
- 9.3.2. Solution
- 9.3.2.1. Rail operation management system
- 9.3.2.1.1. Facility management solution
- 9.3.2.1.2. Revenue management solution
- 9.3.2.1.3. Ticketing management solution
- 9.3.2.1.4. Workforce management solutions
- 9.3.2.1.5. Rail automation management solution
- 9.3.2.2. Rail traffic management
- 9.3.2.2.1. Real-time train planning and route scheduling solution
- 9.3.2.2.2. Intelligent signaling solution
- 9.3.2.2.3. Centralized traffic control solutions
- 9.3.2.3. Rail asset management system
- 9.3.2.3.1. Train information solution
- 9.3.2.3.2. Track monitoring solution
- 9.3.2.4. Rail control system
- 9.3.2.4.1. Positive train control solution
- 9.3.2.4.2. Communication based positive train control solution
- 9.3.2.4.3. Communication based train control solution
- 9.3.2.4.4. Integrated control system
- 9.3.2.5. Rail maintenance management system
- 9.3.2.5.1. Vehicle maintenance scheduling solution
- 9.3.2.5.2. Predictive analytics for maintenance management solution
- 9.3.2.6. Passenger information system
- 9.3.2.7. Rail security
- 9.3.2.8. Others
- 9.3.2.1. Rail operation management system
- 9.3.1. Services
- 9.4.1. China
- 9.4.2. India
- 9.4.3. Japan
- 9.4.4. Australia
- 9.4.5. South East Asia
- 9.4.6. Rest of Asia Pacific
10. Middle East & Africa Railway Management System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Deployment Model
- 10.2.1. Premise
- 10.2.2. Cloud
- 10.3. Market Analysis, Insights and Forecast – By Components
- 10.3.1. Services
- 10.3.1.1. Training and consulting
- 10.3.1.2. System integration and deployment
- 10.3.1.3. Support & maintenance
- 10.3.2. Solution
- 10.3.2.1. Rail operation management system
- 10.3.2.1.1. Facility management solution
- 10.3.2.1.2. Revenue management solution
- 10.3.2.1.3. Ticketing management solution
- 10.3.2.1.4. Workforce management solutions
- 10.3.2.1.5. Rail automation management solution
- 10.3.2.2. Rail traffic management
- 10.3.2.2.1. Real-time train planning and route scheduling solution
- 10.3.2.2.2. Intelligent signaling solution
- 10.3.2.2.3. Centralized traffic control solutions
- 10.3.2.3. Rail asset management system
- 10.3.2.3.1. Train information solution
- 10.3.2.3.2. Track monitoring solution
- 10.3.2.4. Rail control system
- 10.3.2.4.1. Positive train control solution
- 10.3.2.4.2. Communication based positive train control solution
- 10.3.2.4.3. Communication based train control solution
- 10.3.2.4.4. Integrated control system
- 10.3.2.5. Rail maintenance management system
- 10.3.2.5.1. Vehicle maintenance scheduling solution
- 10.3.2.5.2. Predictive analytics for maintenance management solution
- 10.3.2.6. Passenger information system
- 10.3.2.7. Rail security
- 10.3.2.8. Others
- 10.3.2.1. Rail operation management system
- 10.3.1. Services
- 10.4.1. GCC
- 10.4.2. South Africa
- 10.4.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. Hitachi, Ltd.
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. ABB
- 11.6. Bombardier
- 11.7. Huawei Technologies Co., Ltd.
- 11.8. Indra
- 11.9. Atos SE
- 11.10. Toshiba
- 11.11. Tech Mahindra
- 11.12. Nokia
- 11.13. Ansaldo
- 11.14. Siemens
- 11.15. Thales
- 11.16. DXC Technology
- 11.17. Amadeus
- 11.18. Alstom
- 11.19. Cisco
- 11.20. Optasense
- 11.21. IBM
- 11.22. General Electric
- 11.23. GAO RFID
- 11.24. EKE Electronics
- 11.25. Sierra Wireless
- 11.26. Eurotech
- 11.27. Frequentis
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
