Smart Railways Market

Smart Railways Market - Driven By Smart Systems for Optimal Utilization and Management of the Colossal Railway Infrastructure: Global Industry Analysis and Opportunity Assessment, 2015-2025

Introduction

Smart railway includes smart railway systems that are instrumented and interconnected. It comprises devices & components, solutions and services that help the rail companies to collect new information needed to monitor all railway related operations more closely and accurately. It involves information integration, data analytics and data modelling that help in the imparting of strategic and operational decision making. Smart railways facilitate sharing of information across the enterprise and with different partners, including passengers, rail operators, component providers, system integrators, solution and service providers and government agencies.

smart-railways-market

Market Value and Forecast

The global smart railways market was valued at US$ 21.4 Bn in 2014, and is expected to expand at a CAGR of 22.3% during the forecast period (2015–2025). Increasing government support for the transformation of railways into digital railways, increasing security and safety concerns among travellers and growing urbanisation and population across the globe are some of the major factors propelling growth of the overall smart railways market. Improving railway infrastructure with Big Data & Internet of Things, government encouraging FDI & financing in smart railways through PPP, environmental awareness among transportation providers, increasing consolidation among smart railway providers and high degree of automation & technological advancements in railways are major trends observed in this market.

Segmentation, by Offering Type

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The global smart railways market is segmented on the basis of offering type into devices and components, services and solutions. The services segment was valued at US$ 4.0 Bn in 2014 and is anticipated to register a CAGR of 23.7% during the forecast period. Presently, the solutions segment leads the global smart railways market in terms of revenue, and is expected to remain dominant throughout the forecast period. Growth of this segment is primarily driven by introduction of metro and high speed rail projects, smart cities, and smart transportation across the globe. For example, in November 2014, the China government awarded a contract to the newly formed joint venture between Nanjing Puzhen Co. Ltd and Bombardier Inc. for developing and manufacturing mono-rail and Automated People Mover (APM) in China only. 

Key Regions

The global smart railways market is segmented into seven major regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). Of all the regions, the Western Europe market was the largest contributor in terms of value, accounting for over 28.0% share of the global smart railways market in 2014. This is mainly attributed to the increasing rail spending on the up gradation of the overall rail infrastructure in the region. Besides, market activities in China and the ASEAN region are expected to be strong in order to be able to meet the growing needs of the high capacity infrastructure and increasing urbanisation in these regions, which is another factor driving growth of the smart railways market in APEJ.

Key Players

Key players identified in the global smart railways market include Huawei Technologies Co. Ltd., ABB Group, Indra Sistemas, S.A., Bombardier Inc., Hitachi, Ltd., Cisco Systems, Inc., Alstom S.A., Siemens AG, IBM Corporation, General Electric Co., Alcatel-Lucent S.A. and Ansaldo STS. These players focus on mergers and acquisitions, new product developments and partnerships in order to remain competitive in the market.

Introduction

Smart railways comprise solutions (software), devices & components (hardware) and services (professional, cloud and integration), which redefine and make intelligent use of rail assets and rail network communication by combining Information and Communication Technology (ICT) with smart transportation systems that facilitate connected, rapid, efficient and safer mode of travelling for commuters. In an era of digital communication, the gap between the physical and digital world is fading swiftly and being replaced with an entirely new mode in which the smart rail functions.

Report Synopsis

In this report, Future Market Insights presents a 10-year forecast of the global smart railways market between 2015 and 2025. The report considers 2014 as the base year and provides data for the following 12 months. In terms of revenue, the smart railways market is expected to register a CAGR of 22.3% during the forecast period.

Report Description

This research report provides a detailed market analysis, identifying all the primary forces driving the rapid growth of the smart railways market across the concerned regions. This study delivers insights about market dynamics across the seven key regions, which are expected to influence the current nature and future status of the smart railways market during the forecast period (2015-2025).

Introduction of metro and high speed rail projects, smart cities and smart transportation across the globe and increasing government support for railways are among the major factors driving growth of the global smart railways market. Furthermore, growing urbanisation & population worldwide and increasing safety and security concerns among travellers are some of the major factors contributing to growth of the global smart railways market.

The report includes FMI’s analysis of key trends, drivers and restraints influencing growth of the global smart railways market. A weighted average model is leveraged to identify the impact of the key growth drivers and restraints across the concerned regions in the market, in order to help clients in framing accurate business strategies.

The global smart railways market is segmented on the basis of offering type and region. On the basis of offering type, the smart railways market is segmented into devices and components, solutions and services. The report offers a detailed analysis of each of these segments in terms of market size (US$ Bn). Key regions assessed in the report are North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa.

Given the ever-fluctuating global economy, the report not only forecasts the market on the basis of CAGR, but also analyses the impact of key parameters during each year of the forecast period. This helps the clients to understand the predictability of the market and to identify the right opportunities in the global market during the forecast period. Also, a noteworthy feature of this report is the analysis of all vital segments in terms of absolute dollar opportunity, which is critical for assessing the level of revenue opportunity in the market.

In the final section of the report, a competitive landscape of the market is included in order to present the clients with a dashboard view, based on core business segments, revenue share and key growth strategy. This section is important for gleaning insights about participants in the market’s ecosystem. Additionally, it enables identification and evaluation of key competitors based on the in-depth assessment of their capabilities and successes in the marketplace. The report offers comprehensive profiles of the providers in order to evaluate their long and short-term strategies related to products across various regions, key offerings, and recent developments in the smart railways space. Key competitors covered in this report include Huawei Technologies Co. Ltd., ABB Group, Indra Sistemas, S.A., Bombardier Inc., Hitachi, Ltd., Cisco Systems, Inc., Alstom S.A., Siemens AG, IBM Corporation, General Electric Co., Alcatel-Lucent S.A. and Ansaldo STS.

Research Methodology

In order to evaluate the smart railways market size, revenue generated by smart railways manufacturers and providers has been taken into consideration. Market estimates have been analysed keeping in mind various factors, such as technological, environmental, economical, legal and social. In order to provide accurate market forecast statistics, the current market was sized as it forms the basis of how the smart railways market would perform during the forecast period. Given the characteristics of the market, we triangulated the outcome on the basis of three different types of processes, namely secondary research, primary research and data from paid database. Primary research represents the bulk of our research efforts, supplemented by extensive secondary research. Secondary research includes product literature of key players, annual reports, press releases and relevant documents, recent trade journals, related technical write-ups, Internet sources, trade associations, agencies and statistical data from government websites. This collated data from primary and secondary sources is then analysed by the in-house research panel using market research statistical tools, which equates to the most appropriate methodology to provide a quality market research report.

Key Segments Covered

  • By Offering Type
    • Devices & Components
      • Rail Sensors
      • Video Surveillance Cameras
      • Smart Cards
      • Networking & Connectivity Devices (Router, Wi-Fi, Switches, etc.)
      • Others (Multimedia Displays)
    • Services
      • Professional Services
      • Cloud Services
      • Integration Services
    • Solutions
      • Passenger Information System (PIS)
      • Railway Traffic Management System (RTMS)
      • Advanced Security Management System
      • Smart Ticketing System (STS)
      • Rail Operations Management System
      • Rail Communication & Networking Systems
      • Others (Rail Analytics System and Freight Information System)

Key Regions/Countries Covered

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • Italy
    • France
    • U.K.
    • Spain
    • Nordic
    • BENELUX
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
    • China
    • India
    • Australia & New Zealand
    • Rest of APEJ
  • Japan
  • Middle East & Africa
    • GCC
    • North Africa
    • South Africa
    • Rest of MEA

Key Companies

  • Huawei Technologies Co. Ltd.
  • ABB Group
  • Indra Sistemas, S.A.
  • Bombardier Inc.
  • Hitachi, Ltd.
  • Cisco Systems, Inc.
  • Alstom S.A.
  • Siemens AG
  • IBM Corporation
  • General Electric Co.
  • Alcatel-Lucent S.A.
  • Ansaldo STS

Table Of Content

1. Global Smart Railways Market - Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Global Smart Railways Market Overview

4.1. Introduction

4.1.1. Smart Railways Market Definition

4.1.2. Smart Railways Market Taxonomy

4.2. Smart Railways Market Dynamics

4.2.1. Drivers

4.2.2. Restraints

4.3. Global Smart Railways Value Chain 

4.4. Global Smart Railways Market Size & Forecast, 2015-2025

4.4.1. Market Size Forecast

4.4.2. Y-o-Y Growth Projections

4.4.3. Absolute $ Opportunity

4.5. Global Smart Railways Market Trends

4.6. Global Smart Railways Market Snapshot

4.6.1. Market Share, By Offering 

4.6.1.1. Market Share By Device & Component Segment

4.6.1.2. Market Share By Service Segment

4.6.1.3. Market Share By Solution Segment

4.6.2. Market Share, By Region

5. Global Smart Railways Market Analysis By Offering 

5.1. Introduction

5.1.1. Y-o-Y Growth Comparison By Offering 

5.1.2. Market Share & Basis Point (BPS) Analysis By Offering

5.2. Market Size and Forecast By Offering 

5.2.1. Device & Component Segment

5.2.1.1. Absolute $ Opportunity

5.2.1.2. Market Size Forecast By Region

5.2.2. Solution Segment

5.2.2.1. Absolute $ Opportunity

5.2.2.2. Market Size Forecast By Region

5.2.3. Service Segment

5.2.3.1. Absolute $ Opportunity

5.2.3.2. Market Size Forecast By Region

5.3. Market Attractiveness Analysis By Offering 

6. Global Market Analysis By Device and Component

6.1. Introduction

6.1.1. Y-o-Y Growth Comparison By Device and Component

6.1.2. Market Share & Basis Point (BPS) Analysis By Device and Component

6.2. Market Forecast By Device & Component Segment

6.2.1. Rail Sensors Sub-segment 

6.2.1.1. Absolute $ Opportunity

6.2.1.2. Market Size Forecast

6.2.2. Video Surveillance Cameras Sub-segment

6.2.2.1. Absolute $ Opportunity

6.2.2.2. Market Size Forecast

6.2.3. Smart Cards Sub-segment

6.2.3.1. Absolute $ Opportunity

6.2.3.2. Market Size Forecast

6.2.4. Networking & Connectivity devices Sub-segment

6.2.4.1. Absolute $ Opportunity

6.2.4.2. Market Size Forecast

6.2.5. Others (Multimedia display)

6.2.5.1. Absolute $ Opportunity

6.2.5.2. Market Size Forecast

6.3. Market Attractiveness Analysis, By Device & Component Segment

7. Global Market Analysis By Service Segment 

7.1. Introduction

7.1.1. Y-o-Y Growth Comparison By Service Segment 

7.1.2. Market Share & Basis Point (BPS) Analysis By Service Segment 

7.2. Market Forecast By Device & Component Segment

7.2.1. Professional Services Sub-segment

7.2.1.1. Absolute $ Opportunity

7.2.1.2. Market Size Forecast

7.2.2. Cloud Service Sub-segment

7.2.2.1. Absolute $ Opportunity

7.2.2.2. Market Size Forecast

7.2.3. Integration & implementation Service Sub-segment

7.2.3.1. Absolute $ Opportunity

7.2.3.2. Market Size Forecast

7.3. Market Attractiveness Analysis By Service Segment

8. Global Market Analysis By Solution Segment 

8.1. Introduction

8.1.1. Y-o-Y Growth Comparison By Solution Segment 

8.1.2. Market Share & Basis Point (BPS) Analysis By Solution Segment 

8.2. Market Forecast By Solution Segment 

8.2.1. Passenger Information System (PIS) Sub-segment

8.2.1.1. Absolute $ Opportunity

8.2.1.2. Market Size Forecast

8.2.2. Railway Traffic Management System (RTMS) Sub-segment

8.2.2.1. Absolute $ Opportunity

8.2.2.2. Market Size Forecast

8.2.3. Advanced Security Management System (ASMS) Sub-segment

8.2.3.1. Absolute $ Opportunity

8.2.3.2. Market Size Forecast

8.2.4. Smart Ticketing System (STS) Sub-segment

8.2.4.1. Absolute $ Opportunity

8.2.4.2. Market Size Forecast

8.2.5. Rail Operations Management Systems (ROMS) Sub-segment

8.2.5.1. Absolute $ Opportunity

8.2.5.2. Market Size Forecast

8.2.6. Rail Communication and Networking Systems (RCNS) Sub-segment

8.2.6.1. Absolute $ Opportunity

8.2.6.2. Market Size Forecast

8.2.7. Others (Rail Analytic System, Freight Tracking Solutions) Sub-segment

8.2.7.1. Absolute $ Opportunity

8.2.7.2. Market Size Forecast

8.3. Market Attractiveness Analysis, By Solution Segment 

9. Global Smart Railways Market Analysis, By Region

9.1. Introduction

9.1.1. Y-o-Y Growth Projections, By Region

9.1.2. Market Share & Basis Point (BPS) Analysis, By Region

9.2. Market Forecast, By Region

9.2.1. North America Market Size Forecast

9.2.2. Latin America Market Size Forecast

9.2.3. Western Europe Market Size Forecast

9.2.4. Eastern Europe Market Size Forecast

9.2.5. Asia Pacific excluding Japan Market Size Forecast

9.2.6. Japan Market Size Forecast

9.2.7. MEA Market Size Forecast

9.3. Regional Attractiveness Analysis

10. North America Smart Railways Market Analysis

10.1. Introduction

10.1.1. Market Share & Basis Point (BPS) Analysis, By Country

10.1.2. Market Share & Basis Point (BPS) Analysis, By Offering

10.2. North America Market Forecast

10.2.1. Market Size Forecast, By Country

10.2.1.1. US Market Size & Forecast

10.2.1.2. Canada Market Size & Forecast

10.3. Market Size Forecast By Offering 

10.3.1. Device & Component Segment

10.3.2. Service Segment

10.3.3. Solution Segment

10.4. Market Attractiveness Analysis

10.4.1. By Country

10.4.2. By Offering 

10.5. Drivers & Restraints: Impact Analysis

11. Latin America Smart Railways Market Analysis

11.1. Introduction

11.1.1. Market Share & Basis Point (BPS) Analysis By Country

11.1.2. Market Share & Basis Point (BPS) Analysis, By Offering

11.2. Latin America Market Forecast

11.2.1. Market Size Forecast, By Country

11.2.1.1. Brazil Market Size & Forecast

11.2.1.2. Mexico Market Size & Forecast

11.2.1.3. Rest of Latin America Market Size & Forecast

11.3. Market Size Forecast By Offering 

11.3.1. Device & Component Segment

11.3.2. Service Segment

11.3.3. Solution Segment

11.4. Market Attractiveness Analysis

11.4.1. By Country

11.4.2. By Offering

11.5. Drivers & Restraints: Impact Analysis

12. Western Europe Smart Railways Market Analysis

12.1. Introduction

12.1.1. Market Share & Basis Point (BPS) Analysis, By Country

12.1.2. Market Share & Basis Point (BPS) Analysis, By Offering

12.2. Western Europe Market Forecast

12.2.1. Market Size Forecast, By Country

12.2.1.1. Germany Market Size & Forecast

12.2.1.2. Italy Market Size & Forecast

12.2.1.3. France Market Size & Forecast

12.2.1.4. United Kingdom Market Size & Forecast

12.2.1.5. Spain Market Size & Forecast

12.2.1.6. NORDIC Market Size & Forecast

12.2.1.7. BENELUX Market Size & Forecast

12.2.1.8. Rest of Western Europe Market Size & Forecast

12.3. Market Size Forecast, By Offering 

12.3.1. Device & Component Segment

12.3.2. Service Segment

12.3.3. Solution Segment

12.4. Market Attractiveness Analysis

12.4.1. By Country

12.4.2. By Offering

12.5. Drivers & Restraints: Impact Analysis

13. Eastern Europe Smart Railways Market Analysis

13.1. Introduction

13.1.1. Market Share & Basis Point (BPS) Analysis By Country

13.1.2. Market Share & Basis Point (BPS) Analysis, By Offering

13.2. Eastern Europe Market Forecast

13.2.1. Market Size Forecast, By Country

13.2.1.1. Poland Market Size & Forecast

13.2.1.2. Russia Market Size & Forecast

13.2.1.3. Rest of Eastern Europe Market Size & Forecast

13.3. Market Size Forecast, By Offering 

13.3.1. Device & Component Segment

13.3.2. Service Segment

13.3.3. Solution Segment

13.4. Market Attractiveness Analysis

13.4.1. By Country

13.4.2. By Offering

13.5. Drivers & Restraints: Impact Analysis

14. Asia Pacific excluding Japan Smart Railways Market Analysis

14.1. Introduction

14.1.1. Market Share & Basis Point (BPS) Analysis By Country

14.1.2. Market Share & Basis Point (BPS) Analysis, By Offering

14.2. Asia Pacific excluding Japan Market Forecast

14.2.1. Market Size Forecast, By Country

14.2.1.1. China Market Size & Forecast

14.2.1.2. India Market Size & Forecast

14.2.1.3. Australia and New Zealand Market Size & Forecast

14.2.1.4. Rest of APEJ Market Size & Forecast

14.3. Market Size Forecast, By Offering 

14.3.1. Device & Component Segment

14.3.2. Service Segment

14.3.3. Solution Segment

14.4. Market Attractiveness Analysis

14.4.1. By Country

14.4.2. By Offering

14.5. Drivers & Restraints: Impact Analysis

15. Japan Smart Railways Market Analysis

15.1. Introduction

15.1.1. Market Share & Basis Point (BPS) Analysis By Country

15.1.2. Market Share & Basis Point (BPS) Analysis, By Offering

15.2. Japan Market Forecast

15.2.1. Market Size Forecast, By Country

15.3. Market Size Forecast, By Offering 

15.3.1. Device & Component Segment

15.3.2. Service Segment

15.3.3. Solution Segment

15.4. Market Attractiveness Analysis

15.4.1. By Country

15.4.2. By Offering

15.5. Drivers & Restraints: Impact Analysis

16. MEA Smart Railways Market Analysis

16.1. Introduction

16.1.1. Market Share & Basis Point (BPS) Analysis By Country

16.1.2. Market Share & Basis Point (BPS) Analysis, By Offering

16.2. MEA Market Forecast

16.2.1. Market Size Forecast, By Country

16.2.1.1. GCC Market Size & Forecast

16.2.1.2. South Africa Market Size & Forecast

16.2.1.3. Rest of MEA Market Size & Forecast

16.3. Market Size Forecast, By Offering 

16.3.1. Device & Component Segment

16.3.2. Service Segment

16.3.3. Solution Segment

16.4. Market Attractiveness Analysis

16.4.1. By Country

16.4.2. By Offering

16.5. Drivers & Restraints: Impact Analysis

17. Global Smart Railways Market Key Trends, By Region

18. Competition Landscape

18.1. Competition Dashboard

18.2. Company Profiles

18.2.1. Revenue

18.2.2. Products/Brand Offering

18.2.3. Key developments

18.3. Company Highlights

18.3.1. Siemens AG 

18.3.1.1. Revenue

18.3.1.2. Products/Brand Offering

18.3.1.3. Key developments

18.3.1.4. Key Financials

18.3.2. Huawei Technologies Co. Ltd 

18.3.2.1. Revenue

18.3.2.2. Products/Brand Offering

18.3.2.3. Key developments

18.3.2.4. Key Financials

18.3.3. Asea Brown Boveri (ABB) Limited 

18.3.3.1. Revenue

18.3.3.2. Products/Brand Offering

18.3.3.3. Key developments

18.3.3.4. Key Financials

18.3.4. Indra Sistemas, S.A. 

18.3.4.1. Revenue

18.3.4.2. Products/Brand Offering

18.3.4.3. Key developments

18.3.4.4. Key Financials

18.3.5. Bombardier, Inc. 

18.3.5.1. Revenue

18.3.5.2. Products/Brand Offering

18.3.5.3. Key developments

18.3.5.4. Key Financials

18.3.6. International Business Machines (IBM) Corporation

18.3.6.1. Revenue

18.3.6.2. Products/Brand Offering

18.3.6.3. Key developments

18.3.6.4. Key Financials

18.3.7. Hitachi Limited

18.3.7.1. Revenue

18.3.7.2. Products/Brand Offering

18.3.7.3. Key developments

18.3.7.4. Key Financials

18.3.8. General Electric

18.3.8.1. Revenue

18.3.8.2. Products/Brand Offering

18.3.8.3. Key developments

18.3.8.4. Key Financials

18.3.9. Cisco Systems, Inc.

18.3.9.1. Revenue

18.3.9.2. Products/Brand Offering

18.3.9.3. Key developments

18.3.9.4. Key Financials

18.3.10. Alstom SA

18.3.10.1. Revenue

18.3.10.2. Products/Brand Offering

18.3.10.3. Key developments

18.3.10.4. Key Financials

18.3.11. Alcatel-Lucent

18.3.11.1. Revenue

18.3.11.2. Products/Brand Offering

18.3.11.3. Key developments

18.3.11.4. Key Financials

18.3.12. Ansaldo STS  

18.3.12.1. Revenue

18.3.12.2. Products/Brand Offering

18.3.12.3. Key developments

18.3.12.4. Key Financials

List of Tables

Table 1: Global Smart Railways Market Size, Market Share (2015 & 2025) and CAGR (2015-2025), by Offering Type

Table 2: Global Smart Railways Market Size, Market Share (2015 & 2025) and CAGR (2015-2025), by Devices & Components Segment

Table 3: Global Smart Railways Market Size, Market Share (2015 & 2025) and CAGR (2015-2025), by Services Segment

Table 4: Global Smart Railways Market Size, Market Share (2015 & 2025) and CAGR (2015-2025), by Solutions Segment

Table 5: Global Smart Railways Market Value Forecast, by Country (US$ Bn)

Table 6: Global Smart Railways Market Value Forecast, by Offering Type (US$ Bn)

Table 7: Latin America Smart Railways Market Value Forecast, by Country (US$ Bn)

Table 8: Latin America Smart Railways Market Value Forecast, by Offering Type (US$ Bn)

Table 9: Western Europe Smart Railways Market Value Forecast, by Country (US$ Bn)

Table 10: Western Europe Smart Railways Market Value Forecast, by Offering Type (US$ Bn)

Table 11: Eastern Europe Smart Railways Market Value Forecast, by Country (US$ Bn)

Table 12: Eastern Europe Smart Railways Market Value Forecast, by Offering Type (US$ Bn)

Table 13: APEJ Smart Railways Market Value Forecast, by Country (US$ Bn)

Table 14: APEJ Smart Railways Market Value Forecast, by Offering Type (US$ Bn)

Table 15: Japan Smart Railways Market Value Forecast, by Offering Type (US$ Bn)

Table 16: MEA Smart Railways Market Value Forecast, by Country (US$ Bn)

Table 17: MEA Smart Railways Market Value Forecast, by Offering Type (US$ Bn)

List of Figures

Fig 1: Global Smart Railways Market Value Forecast (US$ Bn) and Y-o-Y Growth (%), 2014-2025

Fig 2: Global Smart Railways Market Absolute $ Opportunity, 2014-2025 (US$ Bn) 

Fig 3: Global Smart Railways Market Value Share & BPS Analysis by Offering Type, 2015 & 2025

Fig 4: Global Smart Railways Market Value Y-o-Y Growth by Offering Type 2015 - 2025 

Fig 5: Devices & Components Segment Value Forecast (US$ Mn) and Y-o-Y Growth (%), 2014-2025

Fig 6: Devices & Components Segment Absolute $ Opportunity, 2014-2025 (US$ Mn) 

Fig 7: Services Segment Value Forecast (US$ Mn) and Y-o-Y Growth (%), 2014-2025

Fig 8: Services Segment Absolute $ Opportunity, 2014-2025 (US$ Mn) 

Fig 9: Solutions Segment Value Forecast (US$ Mn) and Y-o-Y Growth (%), 2014-2025

Fig 10: Solutions Segment Absolute $ Opportunity, 2014-2025 (US$ Mn) 

Fig 11: Global Smart Railways Market Attractiveness by Offering Type, 2015-2025

Fig 13: Global Smart Railways Market Value Y-o-Y Growth by Devices & Components, 2015 - 2025 

Fig 12: Global Smart Railways Market Value Share & BPS Analysis by Devices & Components, 2015 & 2025

Fig 14: Devices & Components Market Attractiveness Analysis, 2015-2025 

Fig 15: Global Devices & Components Segment Value Forecast (USS Bn) and Y-o-Y Growth (%), by Rail Sensors Sub-segment, 2014-2025

Fig 16: Global Devices & Components Segment Value Absolute $ Opportunity, by Rail Sensors Sub-segment, 2014-2025 (US$ Bn) 

Fig 17: Global Devices & Components Segment Value Forecast (US$ Bn) and Y-o-Y Growth (%), by VSC Sub-segment, 2014-2025

Fig 18: Global Devices & Components Segment Value Absolute $ Opportunity, by VSC Sub-segment, 2014-2025 (US$ Bn) 

Fig 19: Global Devices & Components Segment Forecast (US$ Bn) and Y-o-Y Growth (%), by Smart Cards Sub-segment, 2014-2025

Fig 20: Global Devices & Components Segment Value Absolute $ Opportunity, by Smart Cards Sub-segment, 2014-2025 (US$ Bn) 

Fig 21: Global Devices & Components Segment Forecast (US$ Bn) and Y-o-Y Growth (%), by Networking & Connectivity Devices Sub-segment, 2014-2025

Fig 22: Global Devices & Components Segment Value Absolute $ Opportunity, by Networking & Connectivity Devices Sub-segment, 2014-2025 (US$ Bn) 

Fig 23: Global Devices & Component Segment Value Forecast (US$ Bn) and Y-o-Y Growth (%), by Others Sub-segment, 2014-2025

Fig 24: Global Devices & Components Segment Value Absolute $ Opportunity, by Others Sub-segment, 2014-2025 (US$ Bn) 

Fig 25: Global Smart Railways Market Value Share & BPS Analysis by Services Segment, 2015 & 2025

Fig 26: Global Smart Railways Market Value Y-o-Y Growth by Services Segment, 2015 - 2025 

Fig 27: Global Smart Railways Market Attractiveness, by Services Segment, 2015-2025

Fig 28: Global Services Segment Value Forecast (US$ Bn) and Y-o-Y Growth (%), by Professional Services Sub-segment, 2014-2025

Fig 29: Global Services Segment Value Absolute $ Opportunity, by Professional Services Sub-segment, 2014-2025 (US$ Bn) 

Fig 30: Global Services Segment Value Forecast (US$ Bn) and Y-o-Y Growth (%), by Cloud Services Sub-segment, 2014-2025

Fig 31: Global Services Segment Value Absolute $ Opportunity, by Cloud Services Sub-segment, 2014-2025 (US$ Bn) 

Fig 32: Global Services Segment Value Forecast (US$ Bn) and Y-o-Y Growth (%), by Integration & Implementation Services Sub-segment, 2014-2025

Fig 33: Global Services Segment Value Absolute $ Opportunity, by Integration & Implementation Services Sub-segment, 2014-2025 (US$ Bn) 

Fig 34: Global Smart Railways Market Value Share and BPS Analysis, by Solutions Segment, 2015 and 2025 

Fig 35: Global Solutions Segment Value Forecast (US$ Bn) and Y-o-Y Growth (%), by RTMS Sub-segment, 2014-2025

Fig 36: Global Solutions Segment Value Absolute $ Opportunity, by RTMS Sub-segment, 2014 – 2025 (US$ Bn) 

Fig 37: Global Solutions Segment Value Forecast (US$ Bn) and Y-o-Y Growth (%), by ASMS Sub-segment, 2014-2025

Fig 38: Global Solutions Segment Value Absolute $ Opportunity, by ASMS Sub-segment, 2014 – 2025 (US$ Bn) 

Fig 39: Global Solutions Segment Value Forecast (US$ Bn) and Y-o-Y Growth (%), by Smart Ticketing System Sub-segment, 2014-2025

Fig 40: Global Solutions Segment Value Absolute $ Opportunity, by Smart Ticketing System Sub-segment, 2014 – 2025 (US$ Bn)  

Fig 41: Global Solutions Segment Value Forecast (US$ Bn) and Y-o-Y Growth (%), by ROMS Sub-segment, 2014-2025

Fig 42: Global Solutions Segment Value Absolute $ Opportunity, by ROMS Sub-segment, 2014 – 2025 (US$ Bn) 

Fig 43: Global Solutions Segment Value Forecast (US$ Bn) and Y-o-Y Growth (%), by RCNS Sub-segment, 2014-2025

Fig 44: Global Solutions Segment Value Absolute $ Opportunity, by RCNS Sub-segment, 2014 – 2025 (US$ Bn) 

Fig 45: Global Solutions Segment Value Forecast (US$ Bn) and Y-o-Y Growth (%), by Others Sub-segment, 2014-2025

Fig 46: Global Solutions Segment Value Absolute $ Opportunity, by Others Sub-segment, 2014 – 2025 (US$ Bn) 

Fig 47: Global Smart Railways Market Attractiveness, by Solutions Segment, 2015-2025

Fig 48: Global Smart Railways Market Size and Forecast, by Region (2015 and 2025) 

Fig 49: Global Smart Railways Market Value Share (%) & BPS Analysis, 2015 and 2025, by Region

Fig 50: Global Smart Railways Market Value Y-o-Y Growth Analysis, 2015-2025, by Region

Fig 51: Global Smart Railways Market Attractiveness Analysis, by Region

Fig 52: Smart Railways Market Value Forecast (US$ Bn) and Y-o-Y Growth (%), by North America, 2014-2025

Fig 53: Smart Railways Market Value Absolute $ Opportunity, by North America, 2014-2025 (US$ Bn) 

Fig 54: North America Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Country

Fig 55: North America Smart Railways Market Attractiveness Analysis, by Country

Fig 56: North America Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Offering Type

Fig 57: North America Smart Railways Market Attractiveness Analysis, by Offering Type

Fig 58: Global Smart Railways Market Value Forecast (US$ Bn) and Y-o-Y Growth (%), by Latin America, 2014-2025

Fig 59: Global Smart Railways Market Value Absolute $ Opportunity, by Latin America, 2014-2025 (US$ Bn) 

Fig 60: Latin America Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Country

Fig 61: Latin America Smart Railways Market Attractiveness Analysis, by Country

Fig 62: Latin America Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Offering Type

Fig 63: Latin America Smart Railways Market Attractiveness Analysis, by Offering Type

Fig 64: Global Smart Railways Market Value Forecast (US$ Bn) and Y-o-Y Growth (%), by Western Europe, 2014-2025

Fig 65: Global Smart Railways Market Value Absolute $ Opportunity, by Western Europe, 2014-2025 (US$ Bn) 

Fig 66: Western Europe Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Country

Fig 67: Western Europe Smart Railways Market Attractiveness Analysis, by Country

Fig 68: Western Europe Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Offering Type

Fig 69: Western Europe Smart Railways Market Attractiveness Analysis, by Offering Type

Fig 70: Global Smart Railways Market Value Forecast (US$ Bn) and Y-o-Y Growth (%), by Eastern Europe, 2014-2025

Fig 71: Global Smart Railways Market Value Absolute $ Opportunity, by Eastern Europe, 2014-2025 (US$ Bn) 

Fig 72: Eastern Europe Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Country

Fig 73: Eastern Europe Smart Railways Market Attractiveness Analysis, by Country

Fig 74: Eastern Europe Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Offering Type

Fig 75: Eastern Europe Smart Railways Market Attractiveness Analysis, by Offering Type

Fig 76: Global Smart Railways Market Value Forecast (US$ Bn) and Y-o-Y Growth (%), by APEJ, 2014-2025

Fig 77: Global Smart Railways Market Value Absolute $ Opportunity, by APEJ, 2014-2025 (US$ Bn) 

Fig 78: APEJ Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Country

Fig 79: APEJ Smart Railways Market Attractiveness Analysis, by Country

Fig 80: APEJ Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Offering Type

Fig 81: APEJ Smart Railways Market Attractiveness Analysis, by Offering Type

Fig 82: Global Smart Railways Market Value Forecast (US$ Bn) and Y-o-Y Growth (%), by Japan, 2014-2025

Fig 83: Global Smart Railways Market Value Absolute $ Opportunity, by Japan, 2014-2025 (US$ Bn) 

Fig 84: Japan Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Offering Type

Fig 85: Japan Smart Railways Market Attractiveness Analysis, by Offering Type

Fig 86: Global Smart Railways Market Value Forecast (US$ Bn) and Y-o-Y Growth (%), by MEA, 2014-2025

Fig 87: Global Smart Railways Market Value Absolute $ Opportunity, by MEA, 2014-2025 (US$ Bn) 

Fig 88: MEA Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Country

Fig 89: MEA Smart Railways Market Attractiveness Analysis, by Country

Fig 90: MEA Smart Railways Market Value Share (%) & BPS Analysis, 2015 & 2025, by Offering Type

Fig 91: MEA Smart Railways Market Attractiveness Analysis, by Offering Type