Albany, NY -- (SBWIRE) -- 03/18/2015 -- About Smart Railway System

Traffic congestion on roadways has increased the demand for railways. Compared to other modes of transportation, people find trains are more feasible and convenient to travel. Moreover, railways are considered as a safer and cleaner option when compared to roadways. An increase in the demand for railway transport has made it mandatory for railway operators to make their systems more advanced and automated. A smart railway system comprises solutions, devices and components, and services, which automates and optimises the usage of railway infrastructure to carry out advanced functions. It has several components such as passenger reservation and information systems, freight operation information systems, railway traffic management, operations and asset management, IP-based security monitoring, communications, ticketing, and railway analytics.

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TechNavio's analysts forecast the Global Smart Railway System market to grow at a CAGR of 26.76 percent over the period 2014-2019.

Covered in this Report

The Global Smart Railway System market can be divided into three segments: Solutions, Devices and Components, and Services. The products in these segments help railway operators automate their systems and provide an efficient service to their customers.

TechNavio's report, the Global Smart Railway System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, Latin America, the Middle East, and North America; it covers the Global Smart Railway System market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Regions

APAC
Europe
Middle East
Latin America
North America

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Key Vendors

ABB
Alstom
Bombardier
GE Transportation
IBM

Other Prominent Vendors

AEG Belgium
Amadeus IT Group
Ansaldo
Alcatel-Lucent
CGI Group
Cisco Systems
Computer Sciences
DB International
Hitachi
Huawei Technologies
Indra Sistemas
Kapsh CarrierCom
Larsen & Toubro
Lat-Lon
Moxa
MRX Technologies
Rad Data Communications
Siemens
Sierra Wireless
TCS
Tech Mahindra
Trapeze Software
Trimble Navigation
Wipro
ZTE

Key Market Driver

Emergence of Advanced Solutions
For a full, detailed list, view our report

Key Market Challenge

High Operating and Maintenance Costs
For a full, detailed list, view our report

Key Market Trend

Increased Adoption of Analytics and Big Data
For a full, detailed list, view our report

Key Questions Answered in this Report

What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Table Of Content

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings

04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology

05. Introduction

06. Market Landscape
06.1 Market Size and Forecast
06.2 Market-wise Split of Global Smart Railways System Market 2014
06.3 Market-wise Split of Global Smart Railways System Market 2014-2019
06.4 Five Forces Analysis

07. Global Smart Railways Solutions Market
07.1 Market Overview
07.2 Market Size and Forecast

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