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Railway System Market by System Type (Auxiliary Power, HVAC, Propulsion, On board Vehicle Control, Train Information, and Train Safety), Rolling Stock Type (Locomotives, Metros, Monorails, Trams, Freight Wagons, Passenger Coaches, and Others) and End Use (Passenger Transit and Cargo Train): Global Opportunity Analysis and Industry Forecast, 2019–2026

A05987
Pages: 312
Feb 2020 | 691 Views
 
Author(s) : Lalit Katare & Anvay Sonpimple , Sonia Mutreja
Tables: 102
Charts: 81
 

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Railway System Market Statistics - 2026

The global railway system market size was valued at $ 24.72 billion in 2018 and is projected to reach $37.36 billion by 2026, registering a CAGR of 5.4% from 2019 to 2026. Europe accounted for the highest share in the global railway system market in 2018, in terms of revenue, and Asia-Pacific is anticipated to exhibit remarkable growth rate during the railway system market forecast.

Railway system market incorporates various tools and services that enable better management of the rail industry. Various activities, such as traffic planning, operation management, power supply & infrastructure management, maintenance & support, station control & communication network, rail-facility information management, and others are included in the railway systems. In addition, rail traffic management system, rail asset management system, rail operation management system, rail control system, and rail maintenance management system are some of the major tools used in railway management system. Also, railway management system offers energy management, better operation & control, data analytics, asset management, traffic planning, staff & passenger information management, and others. Furthermore, advanced digital communication and on-train processing to keep a track of speed and location of trains are used in advanced railway system.

Railway System Market

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Factors such as increased budget for railways development and rise in demand for safe, secure, and efficient transport system, drive the growth of the railway system market. In addition, increase in use of public transport service as a solution to minimize traffic congestion is anticipated to propel the growth of the market. However, high capital requirement is hindering the market growth. Further, infrastructural improvement of railways in developing countries and rise in mining & industrial activities offers remarkable growth opportunities for the players operating in the global market.

Railway System Market
By System Type

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Train safety is projected as the most lucrative segments

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The railway system market is segmented on the basis of system type, rolling stock type, end use, and region. System type segment includes auxiliary power, HVAC, propulsion, on-board vehicle control, train information, and train safety. Further, based on rolling stock type, the market is categorized into locomotives, metros, monorails, trams, freight wagons, passenger coaches, and others. Based on end use, the market is classified into passenger transit, and cargo train. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Railway System Market
By Rolling Stock Type

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Metros is projected as the most lucrative segments

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Key players including ALSTOM, Bombardier, CRRC, General Electric, Siemens, Hitachi, Stadler Rail AG, The Greenbrier Companies, Transmashholding, Trinity Industries, Inc. and others hold major railway system market share.

Increased budget for railways development

The developing countries such as India, China, and others are focused toward the development of their railway infrastructure by allocating a higher budget. For instance, India allocated a budget of $18.8 billion to its railway sector in 2017 and $21.2 billion in 2018, which highlights an increase of 13% in its budget allocation. Similarly, various countries across the globe are continuously increasing their rail budget to deploy latest technologies and improve their infrastructure. For instance, the Canadian National Railway (CN) planned an investment of $2.92 billion in the province of Saskatchewan to enhance the railway infrastructure. Thus, upsurge in budget allocation acts as a key factor that drives the growth of the global railway system markets.

Railway System Market
By End Use

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Passenger Transit carrier is projected as the most lucrative segments

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Rise in demand for safe, secure, and efficient transport system

According to the fact sheet of the World Health Organization (WHO), road traffic injuries are the leading cause of fatality among people aged between 15 and 29 years, thereby accounting for 1.25 million deaths every year due to road accidents. In addition, 90% fatalities on roads occur in low and middle economical countries across the globe, though such countries have approximately 54% of the world's vehicles. Moreover, for most of the countries, road accidents cost 3% of their GDP. Furthermore, road accidents cause considerable economic losses to individuals, their families, and to nations. Therefore, rise in need for a safe, secure, and efficient transportation system significantly contributes toward the growth of the global railway system market.

Railway System Market
By Region

2026
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 6.9% during 2019-2026.

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This is attributed to railway transportation being considered as the safest and economical mode of transportation, which has boosted the demand for railways. Latest trains are equipped with onboard cameras, sensors, and communication devices. Moreover, such trains in most locations run underground or at the ground level and are highly secured by fences or walls to prevent trespassing, which propels the growth of the market. In addition, modern advanced trains consume less energy due to their better acceleration, traction, and breaking system, resulting in reduction of energy consumption by around 30% based on the degree of automation. Furthermore, such trains can provide a flexible way to coordinate in terms of frequency, which results in the improvement of the system performance in all aspects, thereby boosting the growth of the market.

High capital requirement

Rail transportation can be considered as the enabler of economic progress owing to rise in use of public transport services as a solution to minimize traffic congestions coupled with the cheapest and safest mode of transportation, which is used to transport goods/products as well as cargo/freight. However, one of the key restraints of the railway system market is the capital-intensive nature of the market, as the cost of trains is significantly high. For instance, in April 2018, Indian railways revealed that it is ready to launch country's first 12,000 horsepower (HP) electric locomotive. The complete project is expected to cost around $200 billion to roll out 800 high horsepower locos over a period of 11 years in which the average cost of each of the locomotive is estimated to be $250 million. This indicates the requirement of high capital to build as well as to maintain the train network, which is expected to hamper the market growth.

Infrastructural improvement of railways in developing countries

Railway system infrastructure within a country increases the speed and efficiency of railway systems for freight and passenger transportation. In addition, the implementation of autonomous trains requires to be backed up by a large investment. Governments of developing countries are significantly investing to meet the latest end use setups required for autonomous trains. For instance, India invested $1.97 billion in 2018 toward its infrastructure development to meet the latest automation demand and is estimated to further invest $777.73 billion by 2022 to cater to the required infrastructure demand, which includes railway infrastructure development. This is anticipated to offer numerous opportunities for train automation players operating in the country. Similarly, Paris allocated $28.2 billion to automate its old metro network with the construction of four new metro lines across Paris to expand the existing lines. Hence, such improvements in developing countries provide remarkable growth opportunity for the players operating in the market.

Key Benefits for Stakeholders

  • This study presents the analytical depiction of the global railway system market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall railway system market opportunity is determined by understanding the profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global railway system market with a detailed impact analysis.
  • The current railway system market is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers in the industry.

Key Market Segments

By System Type

  • Auxiliary Power
  • HVAC
  • Propulsion
  • On board Vehicle Control
  • Train Information
  • Train Safety

By Rolling Stock Type

  • Locomotives
  • Metros
  • Monorails
  • Trams
  • Freight Wagons
  • Passenger Coaches
  • Others

By End Use

  • Passenger Transit
  • Cargo Train

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players

  • Alstom
  • Bombardier Transportation
  • CRRC Corporation Limited
  • General Electric
  • Hitachi, Ltd.
  • Siemens
  • Stadler Rail AG
  • The Greenbrier Companies
  • TRANSMASHHOLDING
  • Trinity Industries, Inc.
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. Porter’s five forces analysis
3.4. Market share analysis (2018)
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Increased budget for railways development
3.5.1.2. Rise in demand for safe, secure, and efficient transport system
3.5.1.3. Surge in use of public transport service as a solution to minimize traffic congestion

3.5.2. Restraint

3.5.2.1. High capital requirement

3.5.3. Opportunities

3.5.3.1. Infrastructural improvement of railways in developing countries
3.5.3.2. Rise in mining and industrial activities

CHAPTER 4: RAILWAY SYSTEM MARKET, BY SYSTEM TYPE

4.1. Overview
4.2. Auxiliary power

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country

4.3. HVAC

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

4.4. Propulsion

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country

4.5. On-board Vehicle Control

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country

4.6. Train Information

4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis by country

4.7. Train Safety

4.7.1. Key market trends, growth factors, and opportunities
4.7.2. Market size and forecast, by region
4.7.3. Market analysis by country

CHAPTER 5: RAILWAY SYSTEM MARKET, BY TYPE

5.1. Overview
5.2. Locomotive

5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country

5.3. Metros

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country

5.4. Monorails

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

5.5. Trams

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country

5.6. Freight Wagons

5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country

5.7. Passenger Coaches

5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis by country

5.8. Others

5.8.1. Key market trends, growth factors, and opportunities
5.8.2. Market size and forecast, by region
5.8.3. Market analysis by country

CHAPTER 6: RAILWAY SYSTEM MARKET, BY END USE

6.1. Overview
6.2. Passenger transit

6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country

6.3. Cargo train

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country

CHAPTER 7: RAILWAY SYSTEM MARKET, BY REGION

7.1. Overview
7.2. North America

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by system type
7.2.3. Market size and forecast, by Type
7.2.4. Market size and forecast, by end use
7.2.5. Market analysis by country

7.2.5.1. U.S.

7.2.5.1.1. Market size and forecast, by system type
7.2.5.1.2. Market size and forecast, by Type
7.2.5.1.3. Market size and forecast, by end use

7.2.5.2. Canada

7.2.5.2.1. Market size and forecast, by system type
7.2.5.2.2. Market size and forecast, by Type
7.2.5.2.3. Market size and forecast, by end use

7.2.5.3. Mexico

7.2.5.3.1. Market size and forecast, by system type
7.2.5.3.2. Market size and forecast, by Type
7.2.5.3.3. Market size and forecast, by end use

7.3. Europe

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by system type
7.3.3. Market size and forecast, by Type
7.3.4. Market size and forecast, by end use
7.3.5. Market analysis by country

7.3.5.1. UK

7.3.5.1.1. Market size and forecast, by system type
7.3.5.1.2. Market size and forecast, by Type
7.3.5.1.3. Market size and forecast, by end use

7.3.5.2. Germany

7.3.5.2.1. Market size and forecast, by System type
7.3.5.2.2. Market size and forecast, by Type
7.3.5.2.3. Market size and forecast, by end use

7.3.5.3. Russia

7.3.5.3.1. Market size and forecast, by System type
7.3.5.3.2. Market size and forecast, by Type
7.3.5.3.3. Market size and forecast, by end use

7.3.5.4. France

7.3.5.4.1. Market size and forecast, by System type
7.3.5.4.2. Market size and forecast, by Type
7.3.5.4.3. Market size and forecast, by end use

7.3.5.5. Rest of Europe

7.3.5.5.1. Market size and forecast, by System type
7.3.5.5.2. Market size and forecast, by Type
7.3.5.5.3. Market size and forecast, by end use

7.4. Asia-Pacific

7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by System type
7.4.3. Market size and forecast, by Type
7.4.4. Market size and forecast, by end use
7.4.5. Market analysis by country

7.4.5.1. China

7.4.5.1.1. Market size and forecast, by System type
7.4.5.1.2. Market size and forecast, by Type
7.4.5.1.3. Market size and forecast, by end use

7.4.5.2. Japan

7.4.5.2.1. Market size and forecast, by System type
7.4.5.2.2. Market size and forecast, by Type
7.4.5.2.3. Market size and forecast, by end use

7.4.5.3. India

7.4.5.3.1. Market size and forecast, by System type
7.4.5.3.2. Market size and forecast, by Type
7.4.5.3.3. Market size and forecast, by end use

7.4.5.4. Australia

7.4.5.4.1. Market size and forecast, by System type
7.4.5.4.2. Market size and forecast, by Type
7.4.5.4.3. Market size and forecast, by end use

7.4.5.5. Rest of Asia-Pacific

7.4.5.5.1. Market size and forecast, by System type
7.4.5.5.2. Market size and forecast, by Type
7.4.5.5.3. Market size and forecast, by end use

7.5. LAMEA

7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by System type
7.5.3. Market size and forecast, by Type
7.5.4. Market size and forecast, by end use
7.5.5. Market analysis by country

7.5.5.1. Latin America

7.5.5.1.1. Market size and forecast, by system type
7.5.5.1.2. Market size and forecast, by Type
7.5.5.1.3. Market size and forecast, by end use

7.5.5.2. Middle East

7.5.5.2.1. Market size and forecast, by system type
7.5.5.2.2. Market size and forecast, by Type
7.5.5.2.3. Market size and forecast, by end use

7.5.5.3. Africa

7.5.5.3.1. Market size and forecast, by system type
7.5.5.3.2. Market size and forecast, by Type
7.5.5.3.3. Market size and forecast, by end use

CHAPTER 8: COMPANY PROFILES

8.1. Alstom

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Business performance
8.1.5. Key strategic moves and developments

8.2. Bombardier Transportation

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.2.6. Key strategic moves and developments

8.3. CRRC Corporation Limited

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Business performance
8.3.6. Key strategic moves and developments

8.4. GENERAL ELECTRIC

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. Key strategic moves and developments

8.5. Hitachi, Ltd.

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Business performance
8.5.5. Key strategic moves and developments

8.6. Siemens

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Business performance
8.6.5. Key strategic moves and developments

8.7. Stadler Rail AG

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Business performance
8.7.5. Key strategic moves and developments

8.8. The Greenbrier Companies

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Business performance
8.8.5. Key strategic moves and developments

8.9. TRANSMASHHOLDING

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Product portfolio
8.9.4. Business performance
8.9.5. Key strategic moves and developments

8.10. Trinity Industries, Inc.

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. Key strategic moves and developments

LIST OF TABLES

TABLE 01. GLOBAL RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018-2026($MILLION)
TABLE 02. RAILWAY SYSTEM MARKET REVENUE FOR AUXILIARY POWER, BY REGION 2018-2026 ($MILLION)
TABLE 03. RAILWAY SYSTEM MARKET REVENUE FOR HVAC, BY REGION 2018-2026 ($MILLION)
TABLE 04. RAILWAY SYSTEM MARKET REVENUE FOR PROPULSION, BY REGION 2018–2026 ($MILLION)
TABLE 05. RAILWAY SYSTEM MARKET REVENUE FOR ON-BOARD VEHICLE CONTROL, BY REGION 2018–2026 ($MILLION)
TABLE 06. RAILWAY SYSTEM MARKET REVENUE FOR TRAIN INFORMATION, BY REGION 2018–2026 ($MILLION)
TABLE 07. RAILWAY SYSTEM MARKET REVENUE FOR TRAIN SAFETY, BY REGION 2018–2026 ($MILLION)
TABLE 08. GLOBAL RAILWAY SYSTEM MARKET, BY TYPE, 2018-2026($MILLION)
TABLE 09. RAILWAY SYSTEM MARKET REVENUE FOR LOCOMOTIVE, BY REGION 2018-2026 ($MILLION)
TABLE 10. RAILWAY SYSTEM MARKET REVENUE FOR METROS, BY REGION 2018-2026 ($MILLION)
TABLE 11. RAILWAY SYSTEM MARKET REVENUE FOR MONORAILS, BY REGION 2018–2026 ($MILLION)
TABLE 12. RAILWAY SYSTEM MARKET REVENUE FOR TRAMS, BY REGION 2018–2026 ($MILLION)
TABLE 13. RAILWAY SYSTEM MARKET REVENUE FOR FREIGHT WAGONS, BY REGION 2018–2026 ($MILLION)
TABLE 14. RAILWAY SYSTEM MARKET REVENUE FOR PASSENGER COACHES, BY REGION 2018–2026 ($MILLION)
TABLE 15. RAILWAY SYSTEM MARKET REVENUE FOR OTHER, BY REGION 2018–2026 ($MILLION)
TABLE 16. GLOBAL RAILWAY SYSTEM MARKET, BY END USE, 2018-2026($MILLION)
TABLE 17. RAILWAY SYSTEM MARKET REVENUE FOR PASSENGER TRANSIT, BY REGION 2018-2026 ($MILLION)
TABLE 18. RAILWAY SYSTEM MARKET REVENUE FOR CARGO TRAIN, BY REGION 2018-2026 ($MILLION)
TABLE 19. NORTH AMERICAN RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 20. NORTH AMERICAN RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 21. NORTH AMERICAN RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 22. U. S. RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 23. U. S. RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 24. U. S. RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 25. CANADA RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 26. CANADA RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 27. CANADA  RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 28. MEXICO  RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 29. MEXICO RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 30. MEXICO RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 31. EUROPEAN RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 32. EUROPEAN RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 33. EUROPEAN RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 34. U.K. RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 35. U.K. RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 36. U.K. RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 37. GERMANY RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 38. GERMANY RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 39. GERMANY RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 40. RUSSIA RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 41. RUSSIA RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 42. RUSSIA RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 43. FRANCE RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 44. FRANCE RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 45. FRANCE RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 46. REST OF EUROPE RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 47. REST OF EUROPE RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 48. REST OF EUROPE RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 49. ASIA-PACIFIC RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 50. ASIA-PACIFIC RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 51. ASIA-PACIFIC RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 52. CHINA RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 53. CHINA RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 54. CHINA RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 55. JAPAN RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 56. JAPAN RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 57. JAPAN RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 58. INDIA RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 59. INDIA RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 60. INDIA RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 61. AUSTRALIA RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 62. AUSTRALIA RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 63. AUSTRALIA RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 64. REST OF ASIA-PACIFIC RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 65. REST OF ASIA-PACIFIC RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 66. REST OF ASIA-PACIFIC RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 67. LAMEA RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 68. LAMEA RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 69. LAMEA RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 70. LATIN AMERICA RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 71. LATIN AMERICA RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 72. LATIN AMERICA RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 73. MIDDLE EAST RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 74. MIDDLE EAST RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 75. MIDDLE EAST RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 76. AFRICA RAILWAY SYSTEM MARKET, BY SYSTEM TYPE, 2018–2026 ($MILLION)
TABLE 77. AFRICA RAILWAY SYSTEM MARKET, BY TYPE, 2018–2026 ($MILLION)
TABLE 78. AFRICA RAILWAY SYSTEM MARKET, BY END USE, 2018–2026 ($MILLION)
TABLE 79. ALSTOM: COMPANY SNAPSHOT
TABLE 80. ALSTOM: OPERATING SEGMENTS
TABLE 81. BOMBARDIER TRANSPORTATION: COMPANY SNAPSHOT
TABLE 82. BOMBARDIER TRANSPORTATION: OPERATING SEGMENTS
TABLE 83. BOMBARDIER TRANSPORTATION: PRODUCT PORTFOLIO
TABLE 84. CRRC CORPORATION LIMITED: COMPANY SNAPSHOT
TABLE 85. CRRC CORPORATION LIMITED: BUSINESS SEGMENT
TABLE 86. CRRC CORPORATION LIMITED: PRODUCT PORTFOLIO
TABLE 87. GENERAL ELECTRIC: COMPANY SNAPSHOT
TABLE 88. GENERAL ELECTRIC: OPERATING SEGMENTS
TABLE 89. GENERAL ELECTRIC: PRODUCT PORTFOLIO
TABLE 90. HITACHI LTD.: COMPANY SNAPSHOT
TABLE 91. HITACHI LTD.: OPERATING SEGMENTS
TABLE 92. SIEMENS : COMPANY SNAPSHOT
TABLE 93. SIEMENS: BUSINESS SEGMENT
TABLE 94. STADLER RAIL AG: COMPANY SNAPSHOT
TABLE 95. STADLER RAIL AG: BUSINESS SEGMENT
TABLE 96. THE GREENBRIER COMPANIES: COMPANY SNAPSHOT
TABLE 97. THE GREENBRIER COMPANIES: BUSINESS SEGMENT
TABLE 98. TRANSMASHHOLDING: COMPANY SNAPSHOT
TABLE 99. TRANSMASHHOLDING: BUSINESS SEGMENT
TABLE 100. TRINITY INDUSTRIES, INC.: COMPANY SNAPSHOT
TABLE 101. TRINITY INDUSTRIES, INC.: BUSINESS SEGMENT
TABLE 102. TRINITY INDUSTRIES, INC.: BUSINESS SEGMENT

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. EXECUTIVE SUMMARY
FIGURE 04. TOP IMPACTING FACTORS
FIGURE 05. TOP INVESTMENT POCKETS
FIGURE 06. TOP WINNING STRATEGIES, BY YEAR, 2017–2019*
FIGURE 07. TOP WINNING STRATEGIES, BY YEAR, 2017–2019*
FIGURE 08. TOP WINNING STRATEGIES, BY COMPANY, 2017–2019*
FIGURE 09. MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11. MODERATE THREAT OF SUBSTITUTES
FIGURE 12. HIGH-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13. HIGH-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 14. MARKET SHARE ANALYSIS (2018)
FIGURE 15. GLOBAL RAILWAY SYSTEM MARKET SHARE, BY SYSTEM TYPE, 2018–2026 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR AUXILIARY POWER, BY COUNTRY, 2018 & 2026 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR HVAC, BY COUNTRY, 2018 & 2026 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR PROPULSION, BY COUNTRY, 2018 & 2026 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR ON-BOARD VEHICLE CONTROL, BY COUNTRY, 2018 & 2026 (%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR TRAIN INFORMATION, BY COUNTRY, 2018 & 2026 (%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR TRAIN SAFETY, BY COUNTRY, 2018 & 2026 (%)
FIGURE 22. GLOBAL RAILWAY SYSTEM MARKET SHARE, BY TYPE, 2018–2026 (%)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR LOCOMOTIVE, BY COUNTRY, 2018 & 2026 (%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR METROS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR MONORAILS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR TRAMS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR FREIGHT WAGONS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 28. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR PASSENGER COACHES, BY COUNTRY, 2018 & 2026 (%)
FIGURE 29. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR OTHER, BY COUNTRY, 2018 & 2026 (%)
FIGURE 30. GLOBAL RAILWAY SYSTEM MARKET SHARE, BY END USE, 2018–2026 (%)
FIGURE 31. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR PASSENGER TRANSIT, BY COUNTRY, 2018 & 2026 (%)
FIGURE 32. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET FOR CARGO TRAIN, BY COUNTRY, 2018 & 2026 (%)
FIGURE 33. RAILWAY SYSTEM MARKET, BY REGION, 2018-2026 (%)
FIGURE 34. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 35. U. S. RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 36. CANADA RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 37. MEXICO RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 38. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 39. U.K. RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 40. GERMANY RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 41. RUSSIA RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 42. FRANCE RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 43. REST OF EUROPE RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 44. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 45. CHINA RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 46. JAPAN RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 47. INDIA RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 48. AUSTRALIA RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 49. REST OF ASIA-PACIFIC RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 50. COMPARATIVE SHARE ANALYSIS OF RAILWAY SYSTEM MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 51. LATIN AMERICA RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 52. MIDDLE EAST RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 53. AFRICA RAILWAY SYSTEM MARKET, 2018–2026 ($MILLION)
FIGURE 54. ALSTOM: REVENUE, 2016–2018 ($ MILLION)
FIGURE 55. ALSTOM: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 56. ALSTOM: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 57. BOMBARDIER TRANSPORTATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 58. BOMBARDIER TARNSPORTATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 59. BOMBARDIER TARNSPORTATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 60. CRRC CORPORATION LIMITED: REVENUE, 2016–2018 ($MILLION)
FIGURE 61. CRRC CORPORATION LIMITED: REVENUE BY SHARE OF SEGMENT, 2018 ($MILLION)
FIGURE 62. CRRC CORPORATION LIMITED: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 63. GENERAL ELECTRIC: REVENUE, 2016–2018 ($MILLION)
FIGURE 64. GENERAL ELECTRIC: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 65. GENERAL ELECTRIC: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 66. HITACHI LTD: REVENUE, 2016–2018 ($MILLION)
FIGURE 67. HITACHI LTD: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 68. HITACHI LTD: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 69. SIEMENS: REVENUE, 2016–2018 ($MILLION)
FIGURE 70. SIEMENS: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 71. SIEMENS: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 72. STADLER RAIL AG: REVENUE, 2016–2018 ($MILLION)
FIGURE 73. STADLER RAIL AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 74. STADLER RAIL AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 75. THE GREENBRIER COMPANIES: REVENUE, 2017–2019 ($MILLION)
FIGURE 76. THE GREENBRIER COMPANIES: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 77. THE GREENBRIER COMPANIES: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 78. TRANSMASHHOLDING: REVENUE, 2015–2017 ($MILLION)
FIGURE 79. TRANSMASHHOLDING: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 80. TRINITY INDUSTRIES, INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 81. TRINITY INDUSTRIES, INC.: REVENUE SHARE BY SEGMENT, 2018 (%)

 
 

According to the insights of the CXOs of leading companies, the global railway system market is expected to grow at a remarkable rate in future owing to rise in demand for railway systems due to increased budget for railways development.

Factors such as increased budget for railways development and surge in demand for safe, secure, and efficient transport system drive the growth of the railway system market. In addition, increasing use of public transport service as a solution to minimize traffic congestion is anticipated to propel the growth of the market. However, high capital requirement is hindering the market growth. Further, infrastructural improvement of railways in developing countries and rise in mining & industrial activities offer remarkable growth opportunity for the players operating in the railway system market.

Among the analyzed regions, currently, Europe is the highest revenue contributor and is anticipated to exhibit remarkable growth rate during the forecast period, followed by Asia-Pacific, North America, and LAMEA.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The global railway system market was valued at $24,716.5 million in 2018, and is projected to reach $37,36 billion by 2026, registering a CAGR of 5.4% from 2019 to 2026

A. The railway system market is segmented on the basis of system Auxiliary Power, HVAC, Propulsion, Train Information, Train Safety and region

A. The report sample for railway system market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report

A. Factors such as increased budget for railways development and rise in demand for safer, secure, and efficient transport system drive the growth of the railway system market. In addition, increasing use of public transport service as a solution to minimize traffic congestion is anticipated to propel the growth of the market

A. The market CAGR value of railway system market from 2019 to 2026 is 5.4%

A. The data of the top market players of railway system market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the railway system market as well as their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated.

A. Europe and Asia-Pacific collectively accounted for around 60.7% share in 2018, with the former constituting around 33.3% share. Asia-Pacific and North America are expected to witness considerable CAGRs of 6.9% and 5.6%, respectively, during the forecast period

A. Asia-Pacific and North America will provide more business opportunities for railway system in coming years

 

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