PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1477028
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1477028
Train Dispatching Market Size and Share Analysis by Offering, Railroad Type, Deployment Model, Application - Global Industry Demand Forecast to 2030
Market Overview
The train dispatching industry size stands at USD 1,042.9 million in 2023, and it is projected to grow at a CAGR of 8.3% over the projection period, to attain USD 1,811.3 million by the end of the decade. There is a substantial increase in the overall population which is due to the development of the railroad business and the growing ratio of urbanization. However, more and more smart cities are another pushing factor contributing to this growth worldwide.
Control of train dispatching is achieved with the help of computers that manage the flow of trains. The built-in, distant monitoring & control systems have the ability to record live data concerning train motions, positions, and statuses.
Digitalization of the railway system as a discourse increases the efficiency of electronic
dispatching and control solutions. Digitalization plays a vital role in the development of maintenance, flight operations, efficiency, and passenger experience. The variety of digital technologies used in the railroad industry comprises cloud computing, IoT, analytics of big data, robotics, smart tracks, signals, and rolling stock. The introduction of digital railway and rapid penetration of Industry 4.0 serve as catalysts for accelerating the rate of digitalization hence edging the market growth.
Key Insights
Dedicated freight railroad type holds the largest share, around 45%, due to its focus on efficient, cost-effective, eco-friendly, fast, and reliable delivery of goods.
Efficiently run trainsets consume less fuel and emit fewer emissions, contributing to improved air quality and reduced carbon footprint.
Railways emit one-fifth fewer greenhouse gases per ton transported and kilometer traveled compared to road transport, highlighting their environmental advantages.
Services category to have higher CAGR, focusing on optimizing freight and passenger train schedules, network transformation, upgrades, maintenance, and operational monitoring.
Services include implementation, support & maintenance, and training & education for operators and maintenance agencies.
The solutions category is also growing significantly, offering interfaces with visual modeling tools, real-time status, GIS interfaces, automatic vehicle location, mobile data terminal & mapping, and public awareness messages.
Solutions provide an overall view of incidents, location information, and other details related to training operations for control centers.
Dispatch unit management is crucial for controlling and coordinating train movements while ensuring high efficiency and safety on railroads.
It also monitors the availability and status of emergency units like fire trucks, police vehicles, and ambulances.
Computer software for dispatching tracks the location and activity of every unit, dispatching the most suitable and nearest units to incident locations.
This dispatching method facilitates efficient workload distribution, shift & schedule management, and resource planning for timely and organized emergency responses.
This leadership is due to the presence of key players in the region and the increasing number of high-speed rail projects.
Within North America, the United States holds the top position and is projected to grow at a CAGR of 8.5% during the forecast period.
Such growth is fueled by the vast introduction of technological innovations like machine learning, artificial intelligence, and the internet of Things, which together are improving efficiency, accuracy, dependability, and safety in rail operations.
The USA is financially solid, and this is reflected in the growing number of investments in improved railway technologies from year to year.
The freight railways have a substantial contribution to the nation's economy with its carriage of oil and coal imports besides the new rail lines investments that include smart infrastructures to enhance freight transport efficiency.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by offering
- 1.4.2. Market size breakdown, by railroad type
- 1.4.3. Market size breakdown, by deployment model
- 1.4.4. Market size breakdown, by application
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Offering (2017-2030)
- 6.3. Market Revenue, by Railroad Type (2017-2030)
- 6.4. Market Revenue, by Deployment Model (2017-2030)
- 6.5. Market Revenue, by Application (2017-2030)
- 6.6. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Offering (2017-2030)
- 7.3. Market Revenue, by Railroad Type (2017-2030)
- 7.4. Market Revenue, by Deployment Model (2017-2030)
- 7.5. Market Revenue, by Application (2017-2030)
- 7.6. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Offering (2017-2030)
- 8.3. Market Revenue, by Railroad Type (2017-2030)
- 8.4. Market Revenue, by Deployment Model (2017-2030)
- 8.5. Market Revenue, by Application (2017-2030)
- 8.6. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Offering (2017-2030)
- 9.3. Market Revenue, by Railroad Type (2017-2030)
- 9.4. Market Revenue, by Deployment Model (2017-2030)
- 9.5. Market Revenue, by Application (2017-2030)
- 9.6. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Offering (2017-2030)
- 10.3. Market Revenue, by Railroad Type (2017-2030)
- 10.4. Market Revenue, by Deployment Model (2017-2030)
- 10.5. Market Revenue, by Application (2017-2030)
- 10.6. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Offering (2017-2030)
- 11.3. Market Revenue, by Railroad Type (2017-2030)
- 11.4. Market Revenue, by Deployment Model (2017-2030)
- 11.5. Market Revenue, by Application (2017-2030)
- 11.6. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Offering (2017-2030)
- 12.3. Market Revenue, by Railroad Type (2017-2030)
- 12.4. Market Revenue, by Deployment Model (2017-2030)
- 12.5. Market Revenue, by Application (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Offering (2017-2030)
- 13.3. Market Revenue, by Railroad Type (2017-2030)
- 13.4. Market Revenue, by Deployment Model (2017-2030)
- 13.5. Market Revenue, by Application (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Offering (2017-2030)
- 14.3. Market Revenue, by Railroad Type (2017-2030)
- 14.4. Market Revenue, by Deployment Model (2017-2030)
- 14.5. Market Revenue, by Application (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Offering (2017-2030)
- 15.3. Market Revenue, by Railroad Type (2017-2030)
- 15.4. Market Revenue, by Deployment Model (2017-2030)
- 15.5. Market Revenue, by Application (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Offering (2017-2030)
- 16.3. Market Revenue, by Railroad Type (2017-2030)
- 16.4. Market Revenue, by Deployment Model (2017-2030)
- 16.5. Market Revenue, by Application (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Offering (2017-2030)
- 17.3. Market Revenue, by Railroad Type (2017-2030)
- 17.4. Market Revenue, by Deployment Model (2017-2030)
- 17.5. Market Revenue, by Application (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Offering (2017-2030)
- 18.3. Market Revenue, by Railroad Type (2017-2030)
- 18.4. Market Revenue, by Deployment Model (2017-2030)
- 18.5. Market Revenue, by Application (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Offering (2017-2030)
- 19.3. Market Revenue, by Railroad Type (2017-2030)
- 19.4. Market Revenue, by Deployment Model (2017-2030)
- 19.5. Market Revenue, by Application (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Offering (2017-2030)
- 20.3. Market Revenue, by Railroad Type (2017-2030)
- 20.4. Market Revenue, by Deployment Model (2017-2030)
- 20.5. Market Revenue, by Application (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Offering (2017-2030)
- 21.3. Market Revenue, by Railroad Type (2017-2030)
- 21.4. Market Revenue, by Deployment Model (2017-2030)
- 21.5. Market Revenue, by Application (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Offering (2017-2030)
- 22.3. Market Revenue, by Railroad Type (2017-2030)
- 22.4. Market Revenue, by Deployment Model (2017-2030)
- 22.5. Market Revenue, by Application (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Offering (2017-2030)
- 23.3. Market Revenue, by Railroad Type (2017-2030)
- 23.4. Market Revenue, by Deployment Model (2017-2030)
- 23.5. Market Revenue, by Application (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Offering (2017-2030)
- 24.3. Market Revenue, by Railroad Type (2017-2030)
- 24.4. Market Revenue, by Deployment Model (2017-2030)
- 24.5. Market Revenue, by Application (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Offering (2017-2030)
- 25.3. Market Revenue, by Railroad Type (2017-2030)
- 25.4. Market Revenue, by Deployment Model (2017-2030)
- 25.5. Market Revenue, by Application (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Offering (2017-2030)
- 26.3. Market Revenue, by Railroad Type (2017-2030)
- 26.4. Market Revenue, by Deployment Model (2017-2030)
- 26.5. Market Revenue, by Application (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Offering (2017-2030)
- 27.3. Market Revenue, by Railroad Type (2017-2030)
- 27.4. Market Revenue, by Deployment Model (2017-2030)
- 27.5. Market Revenue, by Application (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Offering (2017-2030)
- 28.3. Market Revenue, by Railroad Type (2017-2030)
- 28.4. Market Revenue, by Deployment Model (2017-2030)
- 28.5. Market Revenue, by Application (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Hitachi Ltd.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Siemens AG
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Motorola Solutions Inc.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Alstom SA
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Wabtec Corporation
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Rio Grande Pacific Corporation
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
