Market Overview:
Railway relays are used to control the movement of trains and switches in railway systems. The global railway relays market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into signalling relays, rolling stock relays, and auxiliary relays for railways. The signalling relay segment is expected to dominate the global railway relay market during the forecast period owing to its widespread use in various applications such as train protection system (TPS), automatic train protection (ATP), cab signaling system (CSS), etc. On the basis of application, ordinary trains held a major share of the global railway relay market in 2017. However, bullet trains are projected to grow at a higher CAGR during 2018-2030 owing to their increasing demand across developed countries such as Japan and China.
Product Definition:
Railway relays are electromechanical devices used to detect the presence or absence of a train on a railway track. They are often used to activate signals and switches that control the traffic on the railway.
Signalling Relays:
Signalling relays are used in railway communication to control and manage the traffic. They perform a variety of functions such as switching, train protection, and level crossing controls. The increasing demand for automation in railway operations is expected to drive market growth over the forecast period.
Rolling Stock Relays:
Rolling stock relays are a group of switching devices used to control the movement of trains on railway tracks. They are also known as train order or block signaling system. It is an effective way to ensure safety and smooth traffic flow in stations, yards, and on main lines by preventing unauthorized movements of trains.
Application Insights:
The others application segment includes high-speed rail, inter-city rail and regional railways. The ordinary train application segment dominated the global railway relays market in 2017, owing to its extensive use in conventional railway networks. Railway track maintenance is easier and faster with the help of relay stations equipped with equipment such as Global Positioning System (GPS) devices that enable accurate positioning of each vehicle along the track.
Auxiliary relays are used on conventional railways for a variety of applications including speed control between trains or from one section of track to another; protection against short circuit; and act as a switch for moving trains from one section or line to another. These types also have signaling functions that ensure safe movement at higher speeds between stations along multiple lines by preventing conflicting movements at junctions where tracks meet or diverge.
Regional Analysis:
Asia Pacific dominated the global railway relays market in terms of revenue with a share of over 60.0% in 2017. This is attributed to the presence of large electrified railways, such as those operated by China and Japan, which require constant maintenance and repair services. The growth can also be attributed to increasing investments made by governments for expanding the network across various countries including India, Indonesia, Malaysia & Thailand among others.
The Asia Pacific region is expected to witness significant growth rate during the forecast period owing to rising demand from metro systems and high-speed rail networks across countries such as China & Japan among others. Moreover, growing industrialization coupled with rapidly developing tourism sector will drive demand further driving regional market growth over next eight years or so till 2030 timeframe (see Figure 1).
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for railway transportation
- Growing population and their need for better transportation facilities
- Rising income levels of people, which leads to an increase in the demand for luxury travel by railways
- Government initiatives towards development of railway infrastructure
- Technological advancements in railway relay systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Railway Relays Market Research Report
By Type
Signalling Relays, Rolling Stock Relays, Auxiliary Relays for Railway
By Application
Ordinary Train, Bullet Train, Metro, Others
By Companies
Arteche, TE Connectivity, Siemens, ABB, CLEARSY, Avantha Group (CG Power and Industrial Solutions), CEE Relays, TEM Electronics, ELESTA GmbH, Arteche
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Railway Relays Market Report Segments:
The global Railway Relays market is segmented on the basis of:
Types
Signalling Relays, Rolling Stock Relays, Auxiliary Relays for Railway
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 Train, Bullet Train, Metro, Others
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:
- Arteche
- TE Connectivity
- Siemens
- ABB
- CLEARSY
- Avantha Group (CG Power and Industrial Solutions)
- CEE Relays
- TEM Electronics
- ELESTA GmbH
- Arteche
Highlights of The Railway Relays 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:
- Signalling Relays
- Rolling Stock Relays
- Auxiliary Relays for Railway
- By Application:
- Ordinary Train
- Bullet Train
- Metro
- Others
- 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 Relays 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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 relays are a type of switch that allow trains to pass through without stopping.
Some of the major players in the railway relays market are Arteche, TE Connectivity, Siemens, ABB, CLEARSY, Avantha Group (CG Power and Industrial Solutions), CEE Relays, TEM Electronics, ELESTA GmbH, Arteche.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Railway Relays 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 Relays Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Railway Relays 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 Relays 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 Relays Market Size & Forecast, 2018-2028
4.5.1 Railway Relays Market Size and Y-o-Y Growth
4.5.2 Railway Relays Market Absolute $ Opportunity
Chapter 5 Global Railway Relays 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 Relays Market Size Forecast by Type
5.2.1 Signalling Relays
5.2.2 Rolling Stock Relays
5.2.3 Auxiliary Relays for Railway
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Railway Relays 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 Relays Market Size Forecast by Applications
6.2.1 Ordinary Train
6.2.2 Bullet Train
6.2.3 Metro
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Railway Relays 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 Relays 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 Relays Analysis and Forecast
9.1 Introduction
9.2 North America Railway Relays 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 Relays Market Size Forecast by Type
9.6.1 Signalling Relays
9.6.2 Rolling Stock Relays
9.6.3 Auxiliary Relays for Railway
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 Relays Market Size Forecast by Applications
9.10.1 Ordinary Train
9.10.2 Bullet Train
9.10.3 Metro
9.10.4 Others
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 Relays Analysis and Forecast
10.1 Introduction
10.2 Europe Railway Relays 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 Relays Market Size Forecast by Type
10.6.1 Signalling Relays
10.6.2 Rolling Stock Relays
10.6.3 Auxiliary Relays for Railway
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 Relays Market Size Forecast by Applications
10.10.1 Ordinary Train
10.10.2 Bullet Train
10.10.3 Metro
10.10.4 Others
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 Relays Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Railway Relays 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 Relays Market Size Forecast by Type
11.6.1 Signalling Relays
11.6.2 Rolling Stock Relays
11.6.3 Auxiliary Relays for Railway
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 Relays Market Size Forecast by Applications
11.10.1 Ordinary Train
11.10.2 Bullet Train
11.10.3 Metro
11.10.4 Others
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 Relays Analysis and Forecast
12.1 Introduction
12.2 Latin America Railway Relays 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 Relays Market Size Forecast by Type
12.6.1 Signalling Relays
12.6.2 Rolling Stock Relays
12.6.3 Auxiliary Relays for Railway
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 Relays Market Size Forecast by Applications
12.10.1 Ordinary Train
12.10.2 Bullet Train
12.10.3 Metro
12.10.4 Others
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 Relays Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Railway Relays 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 Relays Market Size Forecast by Type
13.6.1 Signalling Relays
13.6.2 Rolling Stock Relays
13.6.3 Auxiliary Relays for Railway
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 Relays Market Size Forecast by Applications
13.10.1 Ordinary Train
13.10.2 Bullet Train
13.10.3 Metro
13.10.4 Others
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 Relays Market: Competitive Dashboard
14.2 Global Railway Relays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arteche
14.3.2 TE Connectivity
14.3.3 Siemens
14.3.4 ABB
14.3.5 CLEARSY
14.3.6 Avantha Group (CG Power and Industrial Solutions)
14.3.7 CEE Relays
14.3.8 TEM Electronics
14.3.9 ELESTA GmbH
14.3.10 Arteche
