Connected Rail Market: Global Market Size, Forecast, Insights, and Competitive Landscape

Connected Rail Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global connected rail market is expected to grow at a CAGR of around 5.0% during 2023-2030. This report on global connected rail market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global connected rail market by segmenting the market based on service, rolling stock, safety & signaling system, and region. Also, detailed profiles of companies operating in the connected rail market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Rise in Penetration of Digital Infrastructure
• Increase in Demand for Automated & Autonomous Rail Operations

Market Challenges

• Data and Privacy Security of Commuters
• High Cost Required in Installation

Historical & Forecast Period

Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030

Market by Service

• Passenger Mobility and Services
Wi-Fi Devices
On Board Entertainment
• Passenger Information System
Information Announcement System
Rail Display Systems
- Railway Platform Displays
- Railway Concourse Displays
- Railway Onboard Displays
- Emergency Displays (EDNE Displays)
- Station Evacuation (SEVAC)
- Railway Station Clocks
• Train Tracking & Monitoring Solutions
• Automated Fare Collection System
• IP Video Surveillance
• Predictive Maintenance
• Freight Management System
Freight Operation Management
Freight Tracking
• Others

Market by Rolling Stack

• Diesel Locomotive
• Electric Locomotive
• Diesel Multiple Unit
• Electric Multiple Unit
• Light Rail/Tram Car
• Subway/Metro Vehicle
• Passenger Coach
• Freight Wagon

Market by Safety & Signaling System

• Positive Train Control (PTC)
• Communication/Computer-based Train Control (CBTC)
• Automated/Integrated Train Control (ATC )

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
Rest of Middle East & Africa