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Market Research Report

Railway System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Published by IMARC Services Private Limited Product code 945193
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Railway System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
Published: June 18, 2020 Content info: 112 Pages
Description

The global railway system market reached a value of around US$ 27 Billion in 2019. The railway system refers to an organized arrangement that is responsible for managing the transportation of passenger and freight trains such as rail, monorail, scenic railway, metro, subway, cable and elevated railway. Over the years, rail transport has emerged as one of the most reliable modes of transportation with regards to security and safety. The railway system integrates technology with operations to streamline functions and deliver enhanced consumer satisfaction. It aids in managing train arrivals, departures, revenue, ticketing and cargo handling functions. Besides this, advanced railway systems use digital communications for disaster management and on-train processing to keep track of the speed and location of other trains.

Increasing urbanization and widespread digitalization across the globe are among the key factors driving the growth of the market. Growing population and rising expenditure capacities have augmented the demand for personal mobility across the world. Consumers are increasingly adopting public transportations, such as high-speed trains and metros to commute and avoid congestion on the road. Furthermore, the demand for dynamic and swift transportation systems by the rolling stock industry is also providing a boost to the market. Developing nations are extensively dependent on efficient asset and fleet management systems for remote diagnostics, asset planning and tracking services over long distances. Additionally, the integration of automation and the internet of things (IoT) technologies in railway systems is positively impacting the market growth. Railway systems are being combined with big data analytics solutions to control and manage the communication systems, which assist the operators to identify malfunctioning components and prevent breakdowns. Moreover, the implementation of favorable government policies supporting the emerging trend of smart cities is also projected to drive the market in the upcoming years. Looking forward, IMARC Group expects the market to reach a value of around US$ 35 Billion by 2025, registering a CAGR of 4.5% during 2020-2025.

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

Breakup by Application:

  • Freight Transportation
  • Passenger Transportation

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • 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, Skoda Transportation, Strukton Groep N.V., etc.

Key Questions Answered in This Report:

  • How has the global railway systems market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the industry?
  • What is the breakup of the market based on the transit type?
  • What is the breakup of the market based on the system type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global railway systems industry and who are the key players?
  • What is the degree of competition in the industry?
Table of Contents
Product Code: SR1019I94_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Railway System Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Market Forecast

6 Market Breakup by Transit Type

  • 6.1 Conventional
    • 6.1.1 Market Trends
    • 6.1.2 Major Types
      • 6.1.2.1 Diesel Locomotive
      • 6.1.2.2 Electric Locomotive
      • 6.1.2.3 Electro-Diesel Locomotive
      • 6.1.2.4 Coaches
    • 6.1.3 Market Forecast
  • 6.2 Rapid
    • 6.2.1 Market Trends
    • 6.2.2 Major Types
      • 6.2.2.1 Diesel Multiple Unit (DMU)
      • 6.2.2.2 Electric Multiple Unit (EMU)
      • 6.2.2.3 Light Rail/ Tram
    • 6.2.3 Market Forecast

7 Market Breakup by System Type

  • 7.1 Auxiliary Power System
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Train Information System
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Propulsion System
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Train Safety System
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 HVAC System
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast
  • 7.6 On-Board Vehicle Control
    • 7.6.1 Market Trends
    • 7.6.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Freight Transportation
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Passenger Transportation
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Indicators

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 ABB Ltd.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Alstom
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 American Equipment Company
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 Bombardier Inc.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 Calamp Corporation
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Construcciones y Auxiliar de Ferrocarriles
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
    • 14.3.7 CRRC Corporation Ltd.
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
    • 14.3.8 Fuji Electric
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 General Electric Company
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
      • 14.3.9.4 SWOT Analysis
    • 14.3.10 Hitachi Ltd.
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Hyundai Rotem Company
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
    • 14.3.12 Ingeteam Power Technology
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
    • 14.3.13 Medcom
      • 14.3.13.1 Company Overvie
      • 14.3.13.2 Product Portfolio
    • 14.3.14 Mitsubishi Heavy Industries Ltd.
      • 14.3.14.1 Company Overview
      • 14.3.14.2 Product Portfolio
      • 14.3.14.3 Financials
      • 14.3.14.4 SWOT Analysis
    • 14.3.15 Siemens Aktiengesellschaft
      • 14.3.15.1 Company Overview
      • 14.3.15.2 Product Portfolio
      • 14.3.15.3 Financials
      • 14.3.15.4 SWOT Analysis
    • 14.3.16 Skoda Transportation
      • 14.3.16.1 Company Overview
      • 14.3.16.2 Product Portfolio
    • 14.3.17 Strukton Groep N.V.
      • 14.3.17.1 Company Overview
      • 14.3.17.2 Product Portfolio
      • 14.3.17.3 Financials

List of Figures

  • Figure 1: Global: Railway System Market: Major Drivers and Challenges
  • Figure 2: Global: Railway System Market: Sales Value (in Billion US$), 2014-2019
  • Figure 3: Global: Railway System Market: Breakup by Transit Type (in %), 2019
  • Figure 4: Global: Railway System Market: Breakup by System Type (in %), 2019
  • Figure 5: Global: Railway System Market: Breakup by Application (in %), 2019
  • Figure 6: Global: Railway System Market: Breakup by Region (in %), 2019
  • Figure 7: Global: Railway System Market Forecast: Sales Value (in Billion US$), 2020-2025
  • Figure 8: Global: Railway System (Conventional) Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 9: Global: Railway System (Conventional) Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 10: Global: Railway System (Rapid) Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 11: Global: Railway System (Rapid) Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 12: Global: Railway System (Auxiliary Power System) Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 13: Global: Railway System (Auxiliary Power System) Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 14: Global: Railway System (Train Information System) Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 15: Global: Railway System (Train Information System) Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 16: Global: Railway System (Propulsion System) Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 17: Global: Railway System (Propulsion System) Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 18: Global: Railway System (Train Safety System) Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 19: Global: Railway System (Train Safety System) Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 20: Global: Railway System (HVAC System) Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 21: Global: Railway System (HVAC System) Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 22: Global: Railway System (On-Board Vehicle Control) Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 23: Global: Railway System (On-Board Vehicle Control) Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 24: Global: Railway System (Freight Transportation) Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 25: Global: Railway System (Freight Transportation) Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 26: Global: Railway System (Passenger Transportation) Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 27: Global: Railway System (Passenger Transportation) Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 28: North America: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 29: North America: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 30: United States: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 31: United States: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 32: Canada: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 33: Canada: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 34: Asia Pacific: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 35: Asia Pacific: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 36: China: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 37: China: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 38: Japan: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 39: Japan: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 40: India: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 41: India: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 42: South Korea: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 43: South Korea: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 44: Australia: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 45: Australia: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 46: Indonesia: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 47: Indonesia: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 48: Others: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 49: Others: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 50: Europe: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 51: Europe: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 52: Germany: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 53: Germany: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 54: France: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 55: France: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 56: United Kingdom: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 57: United Kingdom: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 58: Italy: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 59: Italy: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 60: Spain: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 61: Spain: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 62: Russia: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 63: Russia: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 64: Others: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 65: Others: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 66: Latin America: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 67: Latin America: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 68: Brazil: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 69: Brazil: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 70: Mexico: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 71: Mexico: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 72: Others: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 73: Others: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 74: Middle East and Africa: Railway System Market: Sales Value (in Million US$), 2014 & 2019
  • Figure 75: Middle East and Africa: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
  • Figure 76: Global: Railway System Industry: SWOT Analysis
  • Figure 77: Global: Railway System Industry: Value Chain Analysis
  • Figure 78: Global: Railway System Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Railway System Market: Key Industry Highlights, 2019 and 2025
  • Table 2: Global: Railway System Market Forecast: Breakup by Transit Type (in Million US$), 2020-2025
  • Table 3: Global: Railway System Market Forecast: Breakup by System Type (in Million US$), 2020-2025
  • Table 4: Global: Railway System Market Forecast: Breakup by Application (in Million US$), 2020-2025
  • Table 5: Global: Railway System Market Forecast: Breakup by Region (in Million US$), 2020-2025
  • Table 6: Global: Railway System Market: Competitive Structure
  • Table 7: Global: Railway System Market: Key Players
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