Market Overview:
The global railway overhead catenary system (OCS) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-speed and urban railways across the globe. Additionally, governments are investing in railway infrastructure projects, which is also contributing to the growth of the global railway overhead catenary system (OCS) market. The global railway overhead catenary system (OCS) market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into flexible and rigid OCS systems. The flexible OCS systems are expected to grow at a higher CAGR as compared to rigid OCS systems during the forecast period owing to their advantages such as easy installation and low maintenance cost. On account of these benefits, they are being increasingly adopted for passenger & freight railways as well as high-speed railways across different regions worldwide.
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Product Definition:
A railway overhead catenary system (OCS) is a system of cables, supported by pylons, that delivers electrical power to electric trains. The importance of Railway Overhead Catenary System (OCS) is that it provides a reliable and efficient way to power electric trains.
Flexible:
Flexible overhead catenary systems are a part of innovative OCS technology. In the past, overhead electric wire networks were used for power supply to trains. However, technological advancements have led to the development of high-speed rail vehicles and an improved design of electric wires that can deliver higher power with less weight and space.
Rigid:
Rigid Overhead Catenary System (OCS) is a type of overhead electric supply system used in railways. OCS provides power for the train tracks and trains by using high tension wires supported by insulators. The electricity travels along the track with the help of magnetic fields generated by passing locomotives or from kites suspended above railroads.
The global rigid overhead catenary system market size was valued at USD 1,867 million in 2016.
Application Insights:
Passenger and freight railway application segment led the market in 2017. This is attributed to the growing demand for passenger services due to increased disposable income of consumers, especially in emerging economies such as China, India and Brazil. In addition, high growth of global trade owing to increasing production & consumption of commodities coupled with rising industrialization is expected to augment passenger traffic over the forecast period.
High-speed railways are projected to expand at a CAGR exceeding 7% from 2018 to 2030 on account of increasing number of passengers traveling at speeds greater than 300 km/h on main lines and 200 km/h on secondary lines around the world.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Alstom, Siemens AG, Thales Group and General Electric is anticipated to contribute towards regional growth. In addition, rising investments in metro projects across China are estimated to drive demand for OCS globally over the next eight years.
Europe was valued at USD X billion in 2017 owing to increasing use of railways for freight transportation across countries including Germany, France and Italy among others.
The Middle East region has a limited network of conventional railway infrastructure which mainly serves oil rich economies including Saudi Arabia.
Growth Factors:
- Increasing demand for railway transportation: The growth of the railway overhead catenary system (OCS) market is mainly driven by the increasing demand for railway transportation. Railway transportation is considered as a more efficient and environment-friendly mode of transport as compared to other modes such as road and air transport.
- Government initiatives for development of railways: Governments across the world are investing heavily in the development of railways, which is contributing to the growth of the OCS market. For instance, in March 2017, India's Ministry of Railways announced plans to invest Rs 1 trillion ( billion) in its railways over five years. This will help boost the demand for OCS systems across India.
- Technological advancements: The OCS market is witnessing rapid technological advancements, which is resulting in improved performance and efficiency of these systems. For instance, recent developments include introduction of wireless charging technology for electric trains and use of solar energy to power OCS systems . These advances are helping increase adoption ratesof OCS systems among various stakeholders such as consumers and governments alike .
Scope Of The Report
Report Attributes
Report Details
Report Title
Railway Overhead Catenary System (OCS) Market Research Report
By Type
Flexible, Rigid
By Application
Passenger & Freight Railway, High Speed Railway, City Transportation
By Companies
CREC, CRCC, Siemens, Engie Ineo, Cobra, Alstom, Tianjin Keyvia, Colas Rail, Kummler+Matter, Furrer+Frey AG, GCF, Sanwa Tekki, Salcef Group S.p.A, Bonomi, EMSPEC
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Railway Overhead Catenary System (OCS) Market Report Segments:
The global Railway Overhead Catenary System (OCS) market is segmented on the basis of:
Types
Flexible, Rigid
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
Passenger & Freight Railway, High Speed Railway, City Transportation
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:
- CREC
- CRCC
- Siemens
- Engie Ineo
- Cobra
- Alstom
- Tianjin Keyvia
- Colas Rail
- Kummler+Matter
- Furrer+Frey AG
- GCF
- Sanwa Tekki
- Salcef Group S.p.A
- Bonomi
- EMSPEC
 Market Overview.svg)
Highlights of The Railway Overhead Catenary System (OCS) 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:
- Flexible
- Rigid
- By Application:
- Passenger & Freight Railway
- High Speed Railway
- City Transportation
- 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 Overhead Catenary System (OCS) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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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?
A railway overhead catenary system (OCS) is a type of electric power transmission system used in railways. It consists of a wire suspended between poles, typically using metal wires but sometimes with plastic or fiberglass strands, with the intent of providing an efficient means of transmitting electrical energy over long distances without having to build large towers or use expensive and heavy equipment.
Some of the key players operating in the railway overhead catenary system (ocs) market are CREC, CRCC, Siemens, Engie Ineo, Cobra, Alstom, Tianjin Keyvia, Colas Rail, Kummler+Matter, Furrer+Frey AG, GCF, Sanwa Tekki, Salcef Group S.p.A, Bonomi, EMSPEC.
The railway overhead catenary system (ocs) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Railway Overhead Catenary System (OCS) 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 Overhead Catenary System (OCS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Railway Overhead Catenary System (OCS) 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 Overhead Catenary System (OCS) 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 Overhead Catenary System (OCS) Market Size & Forecast, 2020-2028
4.5.1 Railway Overhead Catenary System (OCS) Market Size and Y-o-Y Growth
4.5.2 Railway Overhead Catenary System (OCS) Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Flexible
5.2.2 Rigid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger & Freight Railway
6.2.2 High Speed Railway
6.2.3 City Transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Railway Overhead Catenary System (OCS) 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 Overhead Catenary System (OCS) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Flexible
9.6.2 Rigid
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 Market Size Forecast by Applications
9.10.1 Passenger & Freight Railway
9.10.2 High Speed Railway
9.10.3 City Transportation
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Flexible
10.6.2 Rigid
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 Market Size Forecast by Applications
10.10.1 Passenger & Freight Railway
10.10.2 High Speed Railway
10.10.3 City Transportation
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Flexible
11.6.2 Rigid
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 Market Size Forecast by Applications
11.10.1 Passenger & Freight Railway
11.10.2 High Speed Railway
11.10.3 City Transportation
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Flexible
12.6.2 Rigid
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 Market Size Forecast by Applications
12.10.1 Passenger & Freight Railway
12.10.2 High Speed Railway
12.10.3 City Transportation
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Flexible
13.6.2 Rigid
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) Market Size Forecast by Applications
13.10.1 Passenger & Freight Railway
13.10.2 High Speed Railway
13.10.3 City Transportation
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 Overhead Catenary System (OCS) Market: Competitive Dashboard
14.2 Global Railway Overhead Catenary System (OCS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CREC
14.3.2 CRCC
14.3.3 Siemens
14.3.4 Engie Ineo
14.3.5 Cobra
14.3.6 Alstom
14.3.7 Tianjin Keyvia
14.3.8 Colas Rail
14.3.9 Kummler+Matter
14.3.10 Furrer+Frey AG
14.3.11 GCF
14.3.12 Sanwa Tekki
14.3.13 Salcef Group S.p.A
14.3.14 Bonomi
14.3.15 EMSPEC
