Market Overview:
The global railway management system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for rapid transit railways and rising concerns over safety and security in the railway sector. Rail operations management system is expected to be the largest segment of the global railway management system market, by type, during the forecast period. This segment is projected to grow at a CAGR of 7% from 2018 to 2030. Rail traffic management system is expected to be the second-largest segment of this market, by type, during the forecast period.
Product Definition:
A railway management system (RMS) is a computer system used by railways to manage operations. An RMS may include features such as scheduling, freight and passenger traffic analysis, train routing and car location, locomotive and rolling stock maintenance, inventory management, financial accounting and customer billing.
Rail Operations Management System:
Rail operations management system (ROMS) is a computer software system designed to assist railway companies for various functions such as scheduling, dispatching, and freight tracking. It also helps in monitoring the on-time performance of trains and their maintenance records.
The global rail operations management systems market was valued at USD 1.1 billion in 2015.
Rail Traffic Management System:
Rail traffic management system is a computerized system designed to control and monitor the movement of trains on rail tracks. It comprises features such as automatic train control, route planning, freight and passenger information management, asset & liability management among others. The primary function of RTMS is to ensure safe and reliable transportation of passengers and cargo by keeping a check on the speed of moving trains along with ensuring adherence to safety parameters set by railway administration.
Application Insights:
The ordinary railway application segment accounted for the largest market share in 2017 and is projected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for OBS from various end-use industries including automotive, construction, mining and civil engineering. Rapid transit railways are expected to witness significant growth over the forecast period owing to growing urbanization along with rising passenger traffic on account of increased disposable income among consumers in developing countries such as India, China and Brazil.
Rapid transit railways require efficient operations through effective planning & scheduling of trains as well as reliable control over train movements which include track allocation/allocation decisions etcetera known as operation decision making process or ODP in rail terminology.
Regional Analysis:
Europe dominated the global market in terms of revenue share in 2016. The European Union (EU) is encouraging railway companies to adopt GRMS by offering subsidies and other incentives. For instance, Siemens Financial Services offers financial products for railways such as end-to-end financing solutions for rolling stock and infrastructure projects, along with insurance policies that cover risks from theft, damage or accident.
Asia Pacific is expected to grow at the highest CAGR over the forecast period owing to increasing demand for better services coupled with rising investments in rail infrastructure development across countries such as China and India. In addition, growing trade activities between Asia Pacific countries are expected to drive demand over the next eight years. Countries including Japan have been working on improving their railway network by introducing new high-speed trainsets capable of traveling up to 300 km/h on conventional tracks using dedicated corridors called High Speed Rail (HST).
Growth Factors:
- Increasing demand for railway transportation services owing to the growth of the global economy.
- Rising investments in railway infrastructure by governments across the world to cater to the growing demand for rail transport services.
- Proliferation of high-speed railways and development of new railway lines and networks in emerging economies, which is expected to boost the Railway Management System market growth over the forecast period.
- Technological advancements in Railway Management Systems that offer enhanced safety, security, and efficiency along with reduced operational costs are expected to drive market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Railway Management System Market Research Report
By Type
Rail Operations Management System, Rail Traffic Management System, Rail Asset Management System, Rail Control System, Rail Maintenance Management System, Rail Communication and Networking System, Rail Security, Rail Analytics, Passenger Information System, Freight Information System
By Application
Ordinary Railway, Rapid Transit Railway
By Companies
Alstom, Cisco, General Electric, ABB, IBM, Hitachi, Bombardier, Huawei, Indra Sistemas, Siemens, Alstom, ATOS, Toshiba, Tech Mahindra, Nokia Networks, Thales Group, DXC Technology, Eke-Electronics, Sierra Wireless, Eurotech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Railway Management System Market Report Segments:
The global Railway Management System market is segmented on the basis of:
Types
Rail Operations Management System, Rail Traffic Management System, Rail Asset Management System, Rail Control System, Rail Maintenance Management System, Rail Communication and Networking System, Rail Security, Rail Analytics, Passenger Information System, Freight Information System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Ordinary Railway, Rapid Transit Railway
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alstom
- Cisco
- General Electric
- ABB
- IBM
- Hitachi
- Bombardier
- Huawei
- Indra Sistemas
- Siemens
- Alstom
- ATOS
- Toshiba
- Tech Mahindra
- Nokia Networks
- Thales Group
- DXC Technology
- Eke-Electronics
- Sierra Wireless
- Eurotech
Highlights of The Railway Management System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rail Operations Management System
- Rail Traffic Management System
- Rail Asset Management System
- Rail Control System
- Rail Maintenance Management System
- Rail Communication and Networking System
- Rail Security
- Rail Analytics
- Passenger Information System
- Freight Information System
- By Application:
- Ordinary Railway
- Rapid Transit Railway
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Railway Management System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Railway management system (RMS) is a computerized information system used by railway operators to manage their assets, including track, rolling stock and stations. The RMS allows the operator to monitor the performance of their infrastructure and optimize its use.
Some of the key players operating in the railway management system market are Alstom, Cisco, General Electric, ABB, IBM, Hitachi, Bombardier, Huawei, Indra Sistemas, Siemens, Alstom, ATOS, Toshiba, Tech Mahindra, Nokia Networks, Thales Group, DXC Technology, Eke-Electronics, Sierra Wireless, Eurotech.
The railway management system market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Railway Management System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Railway Management System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Railway Management System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Railway Management System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Railway Management System Market Size & Forecast, 2018-2028
4.5.1 Railway Management System Market Size and Y-o-Y Growth
4.5.2 Railway Management System Market Absolute $ Opportunity
Chapter 5 Global Railway Management System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Railway Management System Market Size Forecast by Type
5.2.1 Rail Operations Management System
5.2.2 Rail Traffic Management System
5.2.3 Rail Asset Management System
5.2.4 Rail Control System
5.2.5 Rail Maintenance Management System
5.2.6 Rail Communication and Networking System
5.2.7 Rail Security
5.2.8 Rail Analytics
5.2.9 Passenger Information System
5.2.10 Freight Information System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Railway Management System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Railway Management System Market Size Forecast by Applications
6.2.1 Ordinary Railway
6.2.2 Rapid Transit Railway
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Railway Management System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Railway Management System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Railway Management System Analysis and Forecast
9.1 Introduction
9.2 North America Railway Management System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Railway Management System Market Size Forecast by Type
9.6.1 Rail Operations Management System
9.6.2 Rail Traffic Management System
9.6.3 Rail Asset Management System
9.6.4 Rail Control System
9.6.5 Rail Maintenance Management System
9.6.6 Rail Communication and Networking System
9.6.7 Rail Security
9.6.8 Rail Analytics
9.6.9 Passenger Information System
9.6.10 Freight Information System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Railway Management System Market Size Forecast by Applications
9.10.1 Ordinary Railway
9.10.2 Rapid Transit Railway
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Railway Management System Analysis and Forecast
10.1 Introduction
10.2 Europe Railway Management System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Railway Management System Market Size Forecast by Type
10.6.1 Rail Operations Management System
10.6.2 Rail Traffic Management System
10.6.3 Rail Asset Management System
10.6.4 Rail Control System
10.6.5 Rail Maintenance Management System
10.6.6 Rail Communication and Networking System
10.6.7 Rail Security
10.6.8 Rail Analytics
10.6.9 Passenger Information System
10.6.10 Freight Information System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Railway Management System Market Size Forecast by Applications
10.10.1 Ordinary Railway
10.10.2 Rapid Transit Railway
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Railway Management System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Railway Management System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Railway Management System Market Size Forecast by Type
11.6.1 Rail Operations Management System
11.6.2 Rail Traffic Management System
11.6.3 Rail Asset Management System
11.6.4 Rail Control System
11.6.5 Rail Maintenance Management System
11.6.6 Rail Communication and Networking System
11.6.7 Rail Security
11.6.8 Rail Analytics
11.6.9 Passenger Information System
11.6.10 Freight Information System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Railway Management System Market Size Forecast by Applications
11.10.1 Ordinary Railway
11.10.2 Rapid Transit Railway
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Railway Management System Analysis and Forecast
12.1 Introduction
12.2 Latin America Railway Management System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Railway Management System Market Size Forecast by Type
12.6.1 Rail Operations Management System
12.6.2 Rail Traffic Management System
12.6.3 Rail Asset Management System
12.6.4 Rail Control System
12.6.5 Rail Maintenance Management System
12.6.6 Rail Communication and Networking System
12.6.7 Rail Security
12.6.8 Rail Analytics
12.6.9 Passenger Information System
12.6.10 Freight Information System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Railway Management System Market Size Forecast by Applications
12.10.1 Ordinary Railway
12.10.2 Rapid Transit Railway
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Railway Management System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Railway Management System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Railway Management System Market Size Forecast by Type
13.6.1 Rail Operations Management System
13.6.2 Rail Traffic Management System
13.6.3 Rail Asset Management System
13.6.4 Rail Control System
13.6.5 Rail Maintenance Management System
13.6.6 Rail Communication and Networking System
13.6.7 Rail Security
13.6.8 Rail Analytics
13.6.9 Passenger Information System
13.6.10 Freight Information System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Railway Management System Market Size Forecast by Applications
13.10.1 Ordinary Railway
13.10.2 Rapid Transit Railway
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Railway Management System Market: Competitive Dashboard
14.2 Global Railway Management System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alstom
14.3.2 Cisco
14.3.3 General Electric
14.3.4 ABB
14.3.5 IBM
14.3.6 Hitachi
14.3.7 Bombardier
14.3.8 Huawei
14.3.9 Indra Sistemas
14.3.10 Siemens
14.3.11 Alstom
14.3.12 ATOS
14.3.13 Toshiba
14.3.14 Tech Mahindra
14.3.15 Nokia Networks
14.3.16 Thales Group
14.3.17 DXC Technology
14.3.18 Eke-Electronics
14.3.19 Sierra Wireless
14.3.20 Eurotech
