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Global Smart Railways Market to 2026 - Focus on Passenger Information System, Advance Security Monitoring Solution, Freight Information System, Smart Ticketing System and Rail Communication Systems - ResearchAndMarkets.com

September 26, 2018

DUBLIN--(BUSINESS WIRE)--Sep 26, 2018--The “Global Smart Railways Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026” report has been added to ResearchAndMarkets.com’s offering.

The smart railways market was valued at US$ 11.67 Bn in 2017 and expected to grow at a compounded annual growth rate (CAGR) of 15.2% during the forecast period from 2018 to 2026.Railway modernization programs in various countries is one of the most prominent factors aiding the smart railways market growth. Governments across several countries, in order to provide a premium travel experience and increase the safety and security of the passengers are investing on smart railway solutions. Recent terrorist attacks on railways is another important factor leading the governments to invest on smart railway components such as video surveillance cameras. Technological advancements have further enabled railways to take advantage of Big Data and IoT in order to understand and develop insights pertaining to traveler behavior. These factors expected to create positive demand for smart railway components and solutions in the years to come. However, high initial cost of deployment remains a major restraint for the market to flourish. This factor prevents large scale adoption of these technologies particularly in developing countries. Problems related to theft of multimedia devices on trains in these countries remains another major challenge for the smart railways market.

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Market Dynamics

Chapter 4 Global Smart Railways Market Analysis, By Solution, 2016 - 2026

Chapter 5 Global Smart Railways Market Analysis, By Component, 2016 - 2026

Chapter 6 North America Smart Railways Market Analysis, 2016 - 2026

Chapter 7 Europe Smart Railways Market Analysis, 2016 - 2026

Chapter 8 Asia Pacific Smart Railways Market Analysis, 2016 - 2026

Chapter 9 Rest of the World Smart Railways Market Analysis, 2016 - 2026

Chapter 10 Company Profiles

ABB LtdAlcatel-Lucent InternationalAnsaldo STSCisco Systems, Inc.Alstom SAGE TransportationBombardier TransportationHuawei Technologies Co. Ltd.CGI Group, Inc.Hitachi Ltd.Computer Sciences Corp.IBM CorporationZTE CorporationFor more information about this report visit https://www.researchandmarkets.com/research/htrn7d/global_smart?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180926005435/en/

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Related Topics:Rail

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT RAIL

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/26/2018 07:27 AM/DISC: 09/26/2018 07:27 AM

http://www.businesswire.com/news/home/20180926005435/en

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