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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Railway System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The global railway system market reached a value of around US$ 27 Billion in 2019. The railway system refers to an organized arrangement that is responsible for managing the transportation of passenger and freight trains such as rail, monorail, scenic railway, metro, subway, cable and elevated railway. Over the years, rail transport has emerged as one of the most reliable modes of transportation with regards to security and safety. The railway system integrates technology with operations to streamline functions and deliver enhanced consumer satisfaction. It aids in managing train arrivals, departures, revenue, ticketing and cargo handling functions. Besides this, advanced railway systems use digital communications for disaster management and on-train processing to keep track of the speed and location of other trains.

Increasing urbanization and widespread digitalization across the globe are among the key factors driving the growth of the market. Growing population and rising expenditure capacities have augmented the demand for personal mobility across the world. Consumers are increasingly adopting public transportations, such as high-speed trains and metros to commute and avoid congestion on the road. Furthermore, the demand for dynamic and swift transportation systems by the rolling stock industry is also providing a boost to the market. Developing nations are extensively dependent on efficient asset and fleet management systems for remote diagnostics, asset planning and tracking services over long distances. Additionally, the integration of automation and the internet of things (IoT) technologies in railway systems is positively impacting the market growth. Railway systems are being combined with big data analytics solutions to control and manage the communication systems, which assist the operators to identify malfunctioning components and prevent breakdowns. Moreover, the implementation of favorable government policies supporting the emerging trend of smart cities is also projected to drive the market in the upcoming years. Looking forward, IMARC Group expects the global railway system market to exhibit moderate growth during 2020-2025.

Breakup by Transit Type:

  • Conventional
    • Diesel Locomotive
    • Electric Locomotive
    • Electro-Diesel Locomotive
    • Coaches
  • Rapid
    • Diesel Multiple Unit (DMU)
    • Electric Multiple Unit (EMU)
    • Light Rail/Tram
       

Breakup by System Type:

  • Auxiliary Power System
  • Train Information System
  • Propulsion System
  • Train Safety System
  • HVAC System
  • On-Board Vehicle Control


Breakup by Application:

  • Freight Transportation
  • Passenger Transportation
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., Alstom, American Equipment Company, Bombardier Inc., Calamp Corporation, Construcciones y Auxiliar de Ferrocarriles, CRRC Corporation Limited, Fuji Electric, General Electric Company, Hitachi Ltd., Hyundai Rotem Company, Ingeteam Power Technology, Medcom, Mitsubishi Heavy Industries Ltd., Siemens Aktiengesellschaft, Škoda Transportation, Strukton Groep N.V., etc.

Key Questions Answered in This Report:

  • How has the global railway systems market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the industry?
  • What has been the impact of COVID-19 on the global railway system market?
  • What is the breakup of the market based on the transit type?
  • What is the breakup of the market based on the system type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global railway systems industry and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Railway System Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Transit Type
    6.1    Conventional
        6.1.1 Market Trends
        6.1.2 Major Types
           6.1.2.1 Diesel Locomotive
           6.1.2.2 Electric Locomotive
           6.1.2.3 Electro-Diesel Locomotive
           6.1.2.4 Coaches
        6.1.3 Market Forecast
    6.2    Rapid
        6.2.1 Market Trends
        6.2.2 Major Types
           6.2.2.1 Diesel Multiple Unit (DMU)
           6.2.2.2 Electric Multiple Unit (EMU)
           6.2.2.3 Light Rail/ Tram
        6.2.3 Market Forecast
7    Market Breakup by System Type
    7.1    Auxiliary Power System
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Train Information System
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Propulsion System
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Train Safety System
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    HVAC System
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    On-Board Vehicle Control
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Application
    8.1    Freight Transportation
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Passenger Transportation
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Indicators
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    ABB Ltd.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Alstom
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio 
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    American Equipment Company
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
        14.3.4    Bombardier Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Calamp Corporation
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Construcciones y Auxiliar de Ferrocarriles
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
           14.3.6.3 Financials
        14.3.7    CRRC Corporation Ltd.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio 
           14.3.7.3 Financials
        14.3.8    Fuji Electric
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    General Electric Company
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio 
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Hitachi Ltd.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio 
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Hyundai Rotem Company
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio 
           14.3.11.3 Financials
        14.3.12    Ingeteam Power Technology
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio 
           14.3.12.3 Financials
        14.3.13    Medcom
           14.3.13.1 Company Overvie
           14.3.13.2 Product Portfolio
        14.3.14    Mitsubishi Heavy Industries Ltd.
           14.3.14.1 Company Overview
           14.3.14.2 Product Portfolio 
           14.3.14.3 Financials
           14.3.14.4 SWOT Analysis
        14.3.15    Siemens Aktiengesellschaft            
           14.3.15.1 Company Overview
           14.3.15.2 Product Portfolio 
           14.3.15.3 Financials
           14.3.15.4 SWOT Analysis
        14.3.16    Škoda Transportation
           14.3.16.1 Company Overview
           14.3.16.2 Product Portfolio 
        14.3.17    Strukton Groep N.V.            
           14.3.17.1 Company Overview
           14.3.17.2 Product Portfolio 
           14.3.17.3 Financials

List of Figures

Figure 1: Global: Railway System Market: Major Drivers and Challenges
Figure 2: Global: Railway System Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Railway System Market: Breakup by Transit Type (in %), 2019
Figure 4: Global: Railway System Market: Breakup by System Type (in %), 2019
Figure 5: Global: Railway System Market: Breakup by Application (in %), 2019
Figure 6: Global: Railway System Market: Breakup by Region (in %), 2019
Figure 7: Global: Railway System Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 8: Global: Railway System (Conventional) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Global: Railway System (Conventional) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Railway System (Rapid) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Railway System (Rapid) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Railway System (Auxiliary Power System) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Railway System (Auxiliary Power System) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Railway System (Train Information System) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Railway System (Train Information System) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Railway System (Propulsion System) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Railway System (Propulsion System) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Railway System (Train Safety System) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Railway System (Train Safety System) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Railway System (HVAC System) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Railway System (HVAC System) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Railway System (On-Board Vehicle Control) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Railway System (On-Board Vehicle Control) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Railway System (Freight Transportation) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Railway System (Freight Transportation) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Railway System (Passenger Transportation) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Railway System (Passenger Transportation) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: North America: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: North America: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: United States: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: United States: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Canada: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Canada: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Asia Pacific: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Asia Pacific: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: China: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: China: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Japan: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Japan: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: India: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: India: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: South Korea: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: South Korea: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Australia: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Australia: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Indonesia: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: Indonesia: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Others: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Others: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Europe: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Europe: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Germany: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Germany: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: France: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: France: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: United Kingdom: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: United Kingdom: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: Italy: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: Italy: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: Spain: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: Spain: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Russia: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: Russia: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: Others: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: Others: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Latin America: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Latin America: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Brazil: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: Brazil: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Mexico: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Mexico: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Others: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Others: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: Middle East and Africa: Railway System Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: Middle East and Africa: Railway System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Global: Railway System Industry: SWOT Analysis
Figure 77: Global: Railway System Industry: Value Chain Analysis
Figure 78: Global: Railway System Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Railway System Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Railway System Market Forecast: Breakup by Transit Type (in Million US$), 2020-2025
Table 3: Global: Railway System Market Forecast: Breakup by System Type (in Million US$), 2020-2025
Table 4: Global: Railway System Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 5: Global: Railway System Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Global: Railway System Market: Competitive Structure
Table 7: Global: Railway System Market: Key Players 

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