Smart Railways Market – Global Opportunities and Forecast, 2020-2027

1. Report Title Smart Railways Market – Global Opportunities and Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1

2. The GMI Research report provides an overall outlook of the industry through a detailed market segmentation. The report offers thorough information related to the overview and scope of the market, including the market drivers, restraints, and emerging trends in the industry. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study. Competitive Rivalry of the Smart Railways Market: The leading players in the smart railways market include Alstom SA, Cisco Systems, Inc., Wabtec Corporation, IBM Corporation, Siemens AG, Hitachi, Ltd., ABB, Huawei Technologies Co., Ltd., Indra Company, Thales Group, Honeywell International Inc., and Bombardier Inc., among others. Drivers of the Smart Railways Market: The significant factors surging the growth of the global smart railways market include growing advancement in technologies to enhance customer experience, rising government initiatives regarding Public-Private Partnership (PPP), and increasing adoption of advanced technologies such as the Internet of Things (IoT) and automation technologies in railways to enhance optimization. The growing budget allocation on railways by several economies governments to upgrade and modernize railways to streamline management and improve traveler satisfaction propels market growth. The increasing focus to connect urban cities is raising the need for IoT-enabled solutions. Higher prominence on reducing emissions of harmful gases further boosts the demand for smart railways globally. The rising concern regarding passenger security to improve safety measures and dynamic route scheduling is further expected to fuel market growth. On the other hand, high deployment costs and the shortage of technology infrastructure are hampering the growth of the market. Based on the region, Europe is expected to grow at a higher CAGR during the forecast period due to the growing penetration of smart railways in European countries to enhance the efficiency of their existing railway infrastructure. European countries such 2

3. as Germany, UK, and France have well-founded railway infrastructure and are using advance smart railway solutions. Moreover, European countries having Social and trade agreements which encourage cross-border trade large-scale, and passenger traffic will further propel the market growth. Market Segmentation: The main objective of the study is to define market sizes of the different market segments & countries during the forecast period and analyze the values in the next six years. The detailed segments and sub-segments of the market are explained below: Breakup by Offering: •Solution oPassenger Information System ▪Multimedia Information and Entertainment ▪Network Connectivity oFreight Management System ▪Freight Operation Management ▪Freight Tracking oSecurity and Safety Solutions ▪Video Surveillance and Analytics ▪Intrusion Detection ▪Access Control ▪Fire Alarm and Voice Evacuation ▪Others oRail Communication and Networking System ▪Asset Planning and Scheduling ▪Workforce Management and Optimization ▪Condition-Based Monitoring ▪Predictive Maintenance ▪Others oSmart Ticketing System oRail Analytics System oRail Asset Management and Maintenance Solutions oRail Operation and Control Solutions 3

4. •Services oProfessional Service ▪Consulting ▪System Integration and Deployment ▪Support and Maintenance oManaged Services Breakup by Type: •Station Type •On-Board Trains Breakup by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology 4

5. to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 5