Product Code: PM2477
The global connected rail market size is expected to reach USD 143.76 billion by 2030 according to a new study by Polaris Market Research. The report "Connected Rail Market Share, Size, Trends, Industry Analysis Report, By Rolling Stock (Diesel Locomotive, Electric Locomotive, DMU, EMU, Light Rail/Tram Car, Subway/Metro Vehicle, Passenger Coach, Freight Wagon); By Service; By Safety & Signaling System; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Factors such as the rising passenger demand, increasing disposable incomes, and populations in developing and emerging nations, where cities are expanding at an exponential rate, are predicted to fuel high demand for more efficient, faster, and cleaner transportation. As a result, the demand for the industry is expected to grow over the forecast period.
Furthermore, the primary drivers promoting the growth of the connected rail systems are the constant demand for safety and security in railways, commuter comfort, government initiatives, a rapidly growing economy, and technological development. The integration of the Internet of Things (IoT) in the system is further contributing to industry growth.
Based on rolling stock, the freight wagon segment is expected to lead the global market over the forecast period. Significant factors such as the availability of developed infrastructure, rising disposable income, and the growing need to provide real-time information to the parties who are booking the wagons are projected to drive the growth of the segment.
North America is projected to account for the largest market over the forecast period. The high demand for the industry in the region is attributed to the rising traveling demand from emerging economies such as India and China. Since the Asia Pacific witnessed a higher development in the Internet of Things (IoT) over the past few years, the growth of the market is likely to grow.
Market participants such as Sierra Wireless, ABB, Atos, Cisco, Hitachi, IBM, Nokia, Huawei, Robert Bosch GmbH, Scomi Group BHD, Siemens, Tech Mahindra, Toshiba, Trimble, and Wabtec Corporation are some of the key players operating in the global market.
For instance, in February 2022, Siemens Mobility announced to expand its U.S. manufacturing plant in order to meet future demand for the train infrastructure technologies required for the systems in response to the federal government's recent investment in high-speed rail.
Polaris Market Research has segmented the Connected Rail market report on the basis of service, rolling stock, safety & signaling system, and region:
Connected Rail, Service Outlook (Revenue - USD Billion, 2018 - 2030)
Passenger Mobility and Services
Wi-Fi Devices
On-Board Entertainment
Passenger Information System
Information Announcement System
Display Systems
Train Tracking & Monitoring Solutions
Automated Fare Collection System
IP Video Surveillance
Predictive Maintenance
Freight Management System
Others
Connected Rail, Rolling Stock Outlook (Revenue - USD Billion, 2018 - 2030)
Diesel Locomotive
Electric Locomotive
DMU
EMU
Light Rail/Tram Car
Subway/Metro Vehicle
Passenger Coach
Freight Wagon
Connected Rail, Safety & Signaling System Outlook (Revenue - USD Billion, 2018 - 2030)
Positive Train Control (PTC)
Communication/Computer-based Train Control (CBTC)
Automated/Integrated Train Control (ATC)
Connected Rail, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
France
Germany
UK
Italy
Spain
Netherlands
Russia
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Connected Rail Market Insights
- 4.1. Connected Rail - Industry Snapshot
- 4.2. Connected Rail Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing urbanization
- 4.2.1.2. Rising integration of technology
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Lack of technology infrastructure
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Connected Rail Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Connected Rail Market, by Service
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 5.3. Passenger Mobility and Services
- 5.3.1. Global Connected Rail Market, by Passenger Mobility and Services, by Region, 2018 - 2030 (USD Billion)
- 5.3.2. Wi-Fi Devices
- 5.3.2.1. Global Connected Rail Market, by Wi-Fi Devices, by Region, 2018 - 2030 (USD Billion)
- 5.3.3. On-Board Entertainment
- 5.3.3.1. Global Connected Rail Market, by On-Board Entertainment, by Region, 2018 - 2030 (USD Billion)
- 5.4. Passenger Information System
- 5.4.1. Global Connected Rail Market, by Passenger Information System, by Region, 2018 - 2030 (USD Billion)
- 5.4.2. Information Announcement Systems
- 5.4.2.1. Global Connected Rail Market, by Information Announcement Systems, by Region, 2018 - 2030 (USD Billion)
- 5.4.3. Rail Display Systems
- 5.4.3.1. Global Connected Rail Market, by Rail Display Systems, by Region, 2018 - 2030 (USD Billion)
- 5.5. Train Tracking & Monitoring Solutions
- 5.5.1. Global Connected Rail Market, by Train Tracking & Monitoring Solutions, by Region, 2018 - 2030 (USD Billion)
- 5.6. Automated Fare Collection System
- 5.6.1. Global Connected Rail Market, by Automated Fare Collection System, by Region, 2018 - 2030 (USD Billion)
- 5.7. IP Video Surveillance
- 5.7.1. Global Connected Rail Market, by IP Video Surveillance, by Region, 2018 - 2030 (USD Billion)
- 5.8. Predictive Maintenance
- 5.8.1. Global Connected Rail Market, by Predictive Maintenance, by Region, 2018 - 2030 (USD Billion)
- 5.9. Freight Management System
- 5.9.1. Global Connected Rail Market, by Freight Management System, by Region, 2018 - 2030 (USD Billion)
- 5.10. Others
- 5.10.1. Global Other Connected Rail Market, by Region, 2018 - 2030 (USD Billion)
6. Global Connected Rail Market, by Rolling Stock
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 6.3. Diesel Locomotive
- 6.3.1. Global Connected Rail Market, by Diesel Locomotive, by Region, 2018 - 2030 (USD Billion)
- 6.4. Electric Locomotive
- 6.4.1. Global Connected Rail Market, by Electric Locomotive, by Region, 2018 - 2030 (USD Billion)
- 6.5. DMU
- 6.5.1. Global Connected Rail Market, by DMU, by Region, 2018 - 2030 (USD Billion)
- 6.6. EMU
- 6.6.1. Global Connected Rail Market, by EMU, by Region, 2018 - 2030 (USD Billion)
- 6.7. Subway/Metro Vehicle
- 6.7.1. Global Connected Rail Market, by Subway/Metro Vehicle, by Region, 2018 - 2030 (USD Billion)
- 6.8. Passenger Coach
- 6.8.1. Global Connected Rail Market, by Passenger Coach, by Region, 2018 - 2030 (USD Billion)
- 6.9. Freight Wagon
- 6.9.1. Global Connected Rail Market, by Freight Wagon, by Region, 2018 - 2030 (USD Billion)
7. Global Connected Rail Market, by Safety & Signaling System
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 7.3. Positive Train Control (PTC)
- 7.3.1. Global Connected Rail Market, by Positive Train Control (PTC), by Region, 2018 - 2030 (USD Billion)
- 7.4. Communication/Computer-based Train Control (CBTC)
- 7.4.1. Global Connected Rail Market, by Communication/Computer-based Train Control (CBTC), by Region, 2018 - 2030 (USD Billion)
- 7.5. Automated/Integrated Train Control (ATC)
- 7.5.1. Global Connected Rail Market, by Automated/Integrated Train Control (ATC), by Region, 2018 - 2030 (USD Billion)
8. Global Connected Rail Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Connected Rail Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 8.3. Connected Rail Market - North America
- 8.3.1. North America: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.3.2. North America: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.3.3. North America: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.3.4. Connected Rail Market - U.S.
- 8.3.4.1. U.S.: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.3.4.2. U.S.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.3.4.3. U.S.: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.3.5. Connected Rail Market - Canada
- 8.3.5.1. Canada: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.3.5.2. Canada.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.3.5.3. Canada: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.4. Connected Rail Market - Europe
- 8.4.1. Europe: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.4.2. Europe.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.4.3. Europe: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.4.4. Connected Rail Market - UK
- 8.4.4.1. UK: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.4.4.2. UK.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.4.4.3. UK: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.4.5. Connected Rail Market - France
- 8.4.5.1. France: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.4.5.2. France.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.4.5.3. France: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.4.6. Connected Rail Market - Germany
- 8.4.6.1. Germany: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.4.6.2. Germany.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.4.6.3. Germany: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.4.7. Connected Rail Market - Italy
- 8.4.7.1. Italy: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.4.7.2. Italy.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.4.7.3. Italy: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.4.8. Connected Rail Market - Spain
- 8.4.8.1. Spain: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.4.8.2. Spain.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.4.8.3. Spain: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.4.9. Connected Rail Market - Netherlands
- 8.4.9.1. Netherlands: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.4.9.2. Netherlands.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.4.9.3. Netherlands: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.4.10. Connected Rail Market - Russia
- 8.4.10.1. Russia: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.4.10.2. Russia.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.4.10.3. Russia: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.5. Connected Rail Market - Asia Pacific
- 8.5.1. Asia Pacific: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.5.2. Asia Pacific.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.5.3. Asia Pacific: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.5.4. Connected Rail Market - China
- 8.5.4.1. China: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.5.4.2. China.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.5.4.3. China: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.5.5. Connected Rail Market - India
- 8.5.5.1. India: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.5.5.2. India.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.5.5.3. India: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.5.6. Connected Rail Market - Malaysia
- 8.5.6.1. Malaysia: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.5.6.2. Malaysia.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.5.6.3. Malaysia: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.5.7. Connected Rail Market - Japan
- 8.5.7.1. Japan: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.5.7.2. Japan.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.5.7.3. Japan: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.5.8. Connected Rail Market - Indonesia
- 8.5.8.1. Indonesia: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.5.8.2. Indonesia.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.5.8.3. Indonesia: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.5.9. Connected Rail Market - South Korea
- 8.5.9.1. South Korea: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.5.9.2. South Korea.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.5.9.3. South Korea: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.6. Connected Rail Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.6.2. Middle East & Africa.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.6.3. Middle East & Africa: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.6.4. Connected Rail Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.6.4.3. Saudi Arabia: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.6.5. Connected Rail Market - UAE
- 8.6.5.1. UAE: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.6.5.2. UAE.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.6.5.3. UAE: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.6.6. Connected Rail Market - Israel
- 8.6.6.1. Israel: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.6.6.2. Israel.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.6.6.3. Israel: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.6.7. Connected Rail Market - South Africa
- 8.6.7.1. South Africa: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.6.7.2. South Africa.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.6.7.3. South Africa: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.7. Connected Rail Market - Latin America
- 8.7.1. Latin America: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.7.2. Latin America.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.7.3. Latin America: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.7.4. Connected Rail Market - Mexico
- 8.7.4.1. Mexico: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.7.4.2. Mexico.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.7.4.3. Mexico: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.7.5. Connected Rail Market - Brazil
- 8.7.5.1. Brazil: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.7.5.2. Brazil.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.7.5.3. Brazil: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
- 8.7.6. Connected Rail Market - Argentina
- 8.7.6.1. Argentina: Connected Rail Market, by Service, 2018 - 2030 (USD Billion)
- 8.7.6.2. Argentina.: Connected Rail Market, by Safety & Signaling System, 2018 - 2030 (USD Billion)
- 8.7.6.3. Argentina: Connected Rail Market, by Rolling Stock, 2018 - 2030 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. ABB
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Atos
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Cisco
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Hitachi
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Huawei
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. IBM
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Nokia
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Robert Bosch GmbH
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Scomi Group BHD
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Siemens
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Sierra Wireless
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Tech Mahindra
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Toshiba
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Trimble
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Wabtec Corporation
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development