Global Railway Management System Market 2020-2024 | Key Insights and Recovery Plan for New Normal | Technavio

The railway management system market is expected to grow by USD 6.79 billion, progressing at a CAGR of almost 7% during the forecast period.

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The expansion of urban mass transit railway infrastructure is one of the major factors propelling the market growth. However, factors such as the high cost of adoption will hamper growth.

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Railway Management System Market: Product Landscape

Based on the product, the market saw maximum growth in the control system segment in 2019. The rising need for safety and improved operational management of the railway network is one of the major factors driving the growth of the segment. The market growth in the segment will be significant during the forecast period.

Railway Management System Market: Geographic Landscape

By geography, APAC is going to have a lucrative growth during the forecast period. About 46% of the market's overall growth is expected to originate from APAC. Factors such as the modernization of the existing national railway networks and the construction of new urban railway transit networks are fostering the growth of the market in APAC.

China and Japan are the key markets for the railway management system in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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Companies Covered:

• ABB Ltd.
• Alstom Holdings SA
• DXC Technology Co.
• General Electric Co.
• Hitachi Ltd.
• Indra Sistemas SA
• International Business Machines Corp.
• Siemens AG
• Thales Group
• Toshiba Corp.

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, until 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

• Market ecosystem
• Market characteristics
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Control system - Market size and forecast 2019-2024
• Information system - Market size and forecast 2019-2024
• Market opportunity by Product

Customer Landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers ? Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption
• Competitive scenario

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ABB Ltd.
• Alstom Holdings SA
• DXC Technology Co.
• General Electric Co.
• Hitachi Ltd.
• Indra Sistemas SA
• International Business Machines Corp.
• Siemens AG
• Thales Group
• Toshiba Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.