The rail industry plans to transform rail network by the strategic deployment of modern train control and signalling technology. They aim for an increase in overall capacity, enhanced safety and a reduction in delays. This would ultimately drive down their operating costs, and benefit both passengers and business users.
Rail Digitalization Market contains market size and forecasts of Rail Digitalization in Global, including the following market information:
- Global Rail Digitalization Market Revenue, 2018-2023, 2023-2030, ($ millions)
- Global top five companies in 2022 (%)
The global Rail Digitalization market was valued at US$ million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Remote Monitoring Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Rail Digitalization include Siemens, Cisco, Hitachi, Wabtec, Alstom, IBM, ABB, Huawei and Thales, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Rail Digitalization companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Rail Digitalization Market, by Type, 2018-2023, 2023-2030 ($ millions)
Global Rail Digitalization Market Segment Percentages, by Type, 2022 (%)
- Remote Monitoring
- Route Optimization And Scheduling
- Analytics
- Network Management
- Predictive Maintenance
- Security
- Other
Global Rail Digitalization Market, by Application, 2018-2023, 2023-2030 ($ millions)
Global Rail Digitalization Market Segment Percentages, by Application, 2022 (%)
- Rail Operations Management
- Passenger Information System
- Asset Management
- Other
Global Rail Digitalization Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions)
Global Rail Digitalization Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Rail Digitalization revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Rail Digitalization revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Siemens
- Cisco
- Hitachi
- Wabtec
- Alstom
- IBM
- ABB
- Huawei
- Thales
- Fujitsu
- DXC
- Indra
- Nokia
- Atkins
- Toshiba
- Bombardier
- ZEDAS
- r2p
- Simpleway
- Tego
- Assetic
- OXplus
- Passio Technologies
- Delphisonic
- Uptake
- KONUX
- Machines With Vision
Industry Market Size
