Railway System Market Overview 2020: Growth, Demand and Forecast Research Report to 2025

According to the latest report by IMARC Group, the global railway system market is expected to reach a value of around US$ 35 Billion by 2025, registering a CAGR of 4.5% during 2020-2025. A railway system collects information, monitors operations and manages the transportation of passenger and freight trains. It allows station operators to coordinate and manage train arrivals, departures and cargos effectively in freight transportation. Moreover, it aids in streamlining rail operations, increasing security, managing revenue, ensuring accuracy in the fare collection, lowering maintenance costs and improving consumer satisfaction.


On account of traffic congestion and rising environmental concerns, individuals nowadays are preferring public transportation. This represents one of the key factors driving the railway system market growth. In addition to this, governments of several countries are encouraging various private-sector organizations to invest in the railway sector using the public-private partnership (PPP) model. They are also improving the existing railway infrastructure with advanced management solutions for enhancing operational efficiency. Furthermore, the integration of advanced technological solutions, such as big data, internet of things (IoT), real-time monitoring and cloud-based services, is expected to provide a positive thrust to the market growth in the coming years.

Request to get the sample report: https://www.imarcgroup.com/railway-system-market/requestsample
Insights on Market Segmentation:
Breakup by Transit Type:
  • Conventional
  • Diesel Locomotive
  • Electric Locomotive
  • Electro-Diesel Locomotive
  • Coaches
  • Rapid
  • Diesel Multiple Unit (DMU)
  • Electric Multiple Unit (EMU)
  • Light Rail/Tram
Breakup by System Type:
  • Auxiliary Power System
  • Train Information System
  • Propulsion System
  • Train Safety System
  • HVAC System
  • On-Board Vehicle Control
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/railway-system-market

Breakup by Application:
  • Freight Transportation
  • Passenger Transportation
  • Breakup by Region:
  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., Alstom, American Equipment Company, Bombardier Inc., Calamp Corporation, Construcciones y Auxiliar de Ferrocarriles, CRRC Corporation Limited, Fuji Electric, General Electric Company, Hitachi Ltd., Hyundai Rotem Company, Ingeteam Power Technology, Medcom, Mitsubishi Heavy Industries Ltd., Siemens Aktiengesellschaft, Škoda Transportation, Strukton Groep N.V., etc.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
場所: United States

コメント

コメントを投稿

このブログの人気の投稿

Telehealth Market Size, Industry Trends, Share, Growth and Report 2024-2032

イメージ
 The latest report by IMARC Group, titled “ Telehealth Market Report by Component (Software, Hardware, Services), Communication Technology (Video Conferencing, mHealth Solutions, and Others), Hosting Type (Cloud-Based and Web-Based, On-Premises), Application (Teleconsultation and Telementoring, Medical Education and Training, Teleradiology, Telecardiology, Tele-ICU, Tele-Psychiatry, Tele-Dermatology, and Others), End-User (Providers, Patients, Payers, and Others), and Region 2024-2032 “, The global telehealth market size reached US$ 19.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 97.3 Billion by 2032, exhibiting a growth rate (CAGR) of 19.7% during 2024-2032. Factors Affecting the Growth of the Telehealth Industry: Technological Advancements: The telehealth market is transformed by rapid innovations in digital health technologies. Mobile health applications are democratizing access to healthcare services, enabling patients to manage their health more
続きを読む

Precast Concrete Market Size, Growth, Share, Trends And Forecast 2023-2028

イメージ
 The latest report by IMARC Group, titled “ Precast Concrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 “, The global precast concrete market size reached US$ 122.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 166.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.  Precast concrete is prepared, cast, and cured at an off-site location using a reusable mold, usually in a controlled factory environment. The precast concrete components are transported to the construction site after curing and assembled to create a complete structure. It is generally used to construct structural components, including wall panels, beams, columns, floors, pipes, staircases, tunnels, and girders. It is cost-effective, saves construction time, and offers more durability and dimensional accuracy than traditional concrete. In addition, its elements can be easily rearranged, making it easier to plan for future
続きを読む

Global Fluid Loss Additives Market Size, Industry Trends, Share, Growth and Report 2024-2032

イメージ
 The latest report by IMARC Group, titled “ Fluid Loss Additives Market Report by Type (Synthetically Modified, Natural Additives, Synthetic Additives), Application (Drilling Fluids, Cement Slurries), and Region 2024-2032 “, The global fluid loss additives market size reached US$ 300.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 394.8 Million by 2032, exhibiting a growth rate (CAGR) of 3.1% during 2024-2032. Factors Affecting the Growth of Fluid Loss Additives Industry: Increasing Drilling Activities in the Oil and Gas Industry: Drilling activities in the oil and gas industry are a primary driver for the fluid loss additives market. As global energy demand continues to rise, the exploration and production of hydrocarbons are expanding to meet this demand. In this context, fluid loss additives play a crucial role in drilling operations, particularly in preventing the loss of drilling fluids into porous formations during drilling. The rise in offshore a
続きを読む