Global Smart Railways System Market 2019 Growth, Forecast and Analysis
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  • Global Smart Railways System Market 2019 Growth, Forecast and Analysis

    (Transportation-News.com, March 25, 2015 ) Dallas, TX -- 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.



    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.



    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



    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



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    Key Market Driver

    Emergence of Advanced Solutions



    Key Market Challenge

    High Operating and Maintenance Costs



    Key Market Trend

    Increased Adoption of Analytics and Big Data



    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?



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    RnRMarketResearch.com is an online database of market research reports offer in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.

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