PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1269664
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1269664
Global Railway Signalling System Market Size study & Forecast, by Technology Type by Application Type and Regional Analysis, 2022-2029
Global Railway Signalling System Market is valued at approximately USD 12.8 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2022-2029. A rail signalling system, often known as railroad signalling, is a system that controls the passage of trains. The railway signalling system is used to prevent railway traffic from colliding with other trains, derailing train waggons, and colliding with railway infrastructure. It also aids in the detection of train positions and gives route and station information. Furthermore, permissive signals and absolute signals are types of railway signals. The Railway Signalling System Market is expanding because of factors such as rising government spending on railway projects, and the increasing need for rail transit safety and compliance are driving market demand across the world.
Governments of various countries are sanctioning new railway projects, including new lines, and doubling existing lines. Major railway projects are being developed and built in several nations. In the United States, for example, around USD 245 billion was spent on public transportation and railroad projects in 2020. In addition, the government spent $16.5 million under the rail safety improvement programme to fund 16 new projects and initiatives. In addition, the Indian government intends to invest USD 704.2 million in railway projects through 2023. Increased demand for rail transit safety and compliance leads to the adoption of enhanced rail infrastructure. For example, the Federal Railroad Administration (FRA) launched a $368 million Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant programme in June 2022 to fund 46 projects in 32 states and the District of Columbia. These investments are projected to play a critical role in updating the region's rail infrastructure and supply chains, reducing crowding and moving people and products where they need to go quickly and economically. Also, the development of high-speed railway projects and the rising automation of urban rail infrastructure will provide lucrative growth opportunities for the market during the forecast period. However, the high initial investment and lack of skilled professionals hamper market growth during the forecast period of 2022-2029.
The key regions considered for the Global Railway Signalling System Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the well-established high-speed railroads and already installed advanced signal regulating systems in all major cities and nations, it is predicted to increase and exhibit stable growth in the future. Furthermore, the gradual replacement of traditional systems with modern, cost-effective, and consistent solutions to give greater efficiency and safety is likely to drive market expansion in these established industries. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to the expansion of railway network projects and enhanced signalling systems on new and current high-speed railway networks is linked to this disruptive growth.
Major market player included in this report are:
- Alstom (Saint-Ouen, France)
- Hitachi Rail Limited (Tokyo, Japan)
- Thales Group (La Defense, France)
- Siemens Mobility (Munich, Germany)
- China Railway Signal and Communication Co, Ltd. (Beijing, China)
- Nippon Signal (Japan)
- MER MEC S.p.A. (Monopoli, Italy)
- Glarun Technology (China)
- Cisco Systems Inc. (California, United States)
- Huawei Technologies Co. Ltd. (Shenzhen, China)
Recent Developments in the Market:
- In November 2020, "Nippon Signal Co., Ltd." a key player in railway signalling systems, plans to expand its presence in Taiwan by establishing an engineering facility for commercial expansion.
- In August 2021, Hitachi Rail agreed to purchase Thale's Ground Transportation Systems" division for USD 1796.04 million. Furthermore, by advancing its mobility as a service (MAAS) offering, the Hitachi train division will be able to reach $9.2 billion in revenue by 2026.
Global Railway Signalling System Market Report Scope:
- Historical Data 2019-2020-2021
- Base Year for Estimation 2021
- Forecast period 2022-2029
- Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered Technology Type, Application Type, Region
- Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Technology Type:
- Automatic Train Protection (ATP) System
- Positive Train Control (PTC) System
- Communication-Based Train Control (CBTC) System
- Automatic Train Operation (ATO) System
By Application Type:
- Inside the Station
- Outside the Station
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Railway Signalling System Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Railway Signalling System Market, by Technology Type, 2019-2029 (USD Billion)
- 1.2.3. Railway Signalling System Market, by Application Type, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Railway Signalling System Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Railway Signalling System Market Dynamics
- 3.1. Railway Signalling System Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising government spending on railway projects
- 3.1.1.2. Increasing need for rail transit safety and compliance
- 3.1.2. Market Challenges
- 3.1.2.1. High Initial Investment
- 3.1.2.2. Lack of Skilled Professionals
- 3.1.3. Market Opportunities
- 3.1.3.1. Development of high-speed railway projects
- 3.1.3.2. Rising Automation of Urban Rail Infrastructure
- 3.1.1. Market Drivers
Chapter 4. Global Railway Signalling System Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Railway Signalling System Market, by Technology Type
- 6.1. Market Snapshot
- 6.2. Global Railway Signalling System Market by Technology Type, Performance - Potential Analysis
- 6.3. Global Railway Signalling System Market Estimates & Forecasts by Technology Type 2019-2029 (USD Billion)
- 6.4. Railway Signalling System Market, Sub Segment Analysis
- 6.4.1. Automatic Train Protection (ATP) System
- 6.4.2. Positive Train Control (PTC) System
- 6.4.3. Communication-Based Train Control (CBTC) System
- 6.4.4. Automatic Train Operation (ATO) System
Chapter 7. Global Railway Signalling System Market, by Application Type
- 7.1. Market Snapshot
- 7.2. Global Railway Signalling System Market by Application Type, Performance - Potential Analysis
- 7.3. Global Railway Signalling System Market Estimates & Forecasts by Application Type 2019-2029 (USD Billion)
- 7.4. Railway Signalling System Market, Sub Segment Analysis
- 7.4.1. Inside the Station
- 7.4.2. Outside the Station
Global Railway Signalling System Market, Regional Analysis
- 7.5. Railway Signalling System Market, Regional Market Snapshot
- 7.6. North America Railway Signalling System Market
- 7.6.1. U.S. Railway Signalling System Market
- 7.6.1.1. Technology Type breakdown estimates & forecasts, 2019-2029
- 7.6.1.2. Application Type breakdown estimates & forecasts, 2019-2029
- 7.6.2. Canada Railway Signalling System Market
- 7.6.1. U.S. Railway Signalling System Market
- 7.7. Europe Railway Signalling System Market Snapshot
- 7.7.1. U.K. Railway Signalling System Market
- 7.7.2. Germany Railway Signalling System Market
- 7.7.3. France Railway Signalling System Market
- 7.7.4. Spain Railway Signalling System Market
- 7.7.5. Italy Railway Signalling System Market
- 7.7.6. Rest of Europe Railway Signalling System Market
- 7.8. Asia-Pacific Railway Signalling System Market Snapshot
- 7.8.1. China Railway Signalling System Market
- 7.8.2. India Railway Signalling System Market
- 7.8.3. Japan Railway Signalling System Market
- 7.8.4. Australia Railway Signalling System Market
- 7.8.5. South Korea Railway Signalling System Market
- 7.8.6. Rest of Asia Pacific Railway Signalling System Market
- 7.9. Latin America Railway Signalling System Market Snapshot
- 7.9.1. Brazil Railway Signalling System Market
- 7.9.2. Mexico Railway Signalling System Market
- 7.10. Rest of The World Railway Signalling System Market
Chapter 8. Competitive Intelligence
- 8.1. Top Market Strategies
- 8.2. Company Profiles
- 8.2.1. Alstom (Saint-Ouen, France)
- 8.2.1.1. Key Information
- 8.2.1.2. Overview
- 8.2.1.3. Financial (Subject to Data Availability)
- 8.2.1.4. Product Summary
- 8.2.1.5. Recent Developments
- 8.2.2. Hitachi Rail Limited (Tokyo, Japan)
- 8.2.3. Thales Group (La Defense, France)
- 8.2.4. Siemens Mobility (Munich, Germany)
- 8.2.5. China Railway Signal and Communication Co, Ltd. (Beijing, China)
- 8.2.6. Nippon Signal (Japan)
- 8.2.7. MER MEC S.p.A. (Monopoli, Italy)
- 8.2.8. Glarun Technology (China)
- 8.2.9. Cisco Systems Inc. (California, United States)
- 8.2.10. Huawei Technologies Co. Ltd. (Shenzhen, China)
- 8.2.1. Alstom (Saint-Ouen, France)
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Railway Signalling System Market, report scope
- TABLE 2. Global Railway Signalling System Market estimates & forecasts by Region 2019-2029 (USD Billion)
- TABLE 3. Global Railway Signalling System Market estimates & forecasts by Technology Type 2019-2029 (USD Billion)
- TABLE 4. Global Railway Signalling System Market estimates & forecasts by Application Type 2019-2029 (USD Billion)
- TABLE 5. Global Railway Signalling System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 6. Global Railway Signalling System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 7. Global Railway Signalling System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 8. Global Railway Signalling System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 9. Global Railway Signalling System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 10. Global Railway Signalling System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 11. Global Railway Signalling System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 12. Global Railway Signalling System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 13. Global Railway Signalling System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 14. Global Railway Signalling System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 15. U.S. Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 16. U.S. Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 17. U.S. Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 18. Canada Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 19. Canada Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 20. Canada Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 21. UK Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 22. UK Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 23. UK Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 24. Germany Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 25. Germany Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 26. Germany Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 27. France Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 28. France Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 29. France Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 30. Italy Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 31. Italy Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 32. Italy Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 33. Spain Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 34. Spain Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 35. Spain Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 36. RoE Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 37. RoE Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 38. RoE Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 39. China Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 40. China Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 41. China Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 42. India Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 43. India Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 44. India Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 45. Japan Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 46. Japan Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 47. Japan Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 48. South Korea Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 49. South Korea Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 50. South Korea Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 51. Australia Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 52. Australia Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 53. Australia Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 54. RoAPAC Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 55. RoAPAC Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 56. RoAPAC Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 57. Brazil Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 58. Brazil Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 59. Brazil Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 60. Mexico Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 61. Mexico Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 62. Mexico Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 63. RoLA Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 64. RoLA Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 65. RoLA Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 66. Row Railway Signalling System Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 67. Row Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 68. Row Railway Signalling System Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 69. List of secondary sources, used in the study of global Railway Signalling System Market
- TABLE 70. List of primary sources, used in the study of global Railway Signalling System Market
- TABLE 71. Years considered for the study
- TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
List of figures
- FIG 1. Global Railway Signalling System Market, research methodology
- FIG 2. Global Railway Signalling System Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Railway Signalling System Market, key trends 2021
- FIG 5. Global Railway Signalling System Market, growth prospects 2022-2029
- FIG 6. Global Railway Signalling System Market, porters 5 force model
- FIG 7. Global Railway Signalling System Market, pest analysis
- FIG 8. Global Railway Signalling System Market, value chain analysis
- FIG 9. Global Railway Signalling System Market by segment, 2019 & 2029 (USD Billion)
- FIG 10. Global Railway Signalling System Market by segment, 2019 & 2029 (USD Billion)
- FIG 11. Global Railway Signalling System Market by segment, 2019 & 2029 (USD Billion)
- FIG 12. Global Railway Signalling System Market by segment, 2019 & 2029 (USD Billion)
- FIG 13. Global Railway Signalling System Market by segment, 2019 & 2029 (USD Billion)
- FIG 14. Global Railway Signalling System Market, regional snapshot 2019 & 2029
- FIG 15. North America Railway Signalling System Market 2019 & 2029 (USD Billion)
- FIG 16. Europe Railway Signalling System Market 2019 & 2029 (USD Billion)
- FIG 17. Asia pacific Railway Signalling System Market 2019 & 2029 (USD Billion)
- FIG 18. Latin America Railway Signalling System Market 2019 & 2029 (USD Billion)
- FIG 19. Global Railway Signalling System Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
