Connected Rail Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2025

By Frank Ustinov 13 Apr 2020 Top stories,Business,Technology

The Computer Based Train Control is updated system of typical old-block signaling system. The Computer Based Train Control -fitted trains are capable of communicating, calculating, and offered update via radio to the wayside equipment distributed along the line. Computer Based Train Control system permits the optimal usage of the current rail infrastructure in attaining maximum capacity.

In connected rail systems, users stay online via free Wi-Fi in platforms and within the train. Legacy infrastructure of railways is being restored by modern train management systems. Trains transmit data bi-directionally in train management systems among the network control center and themselves. The network control center is the central hub of a train management system.

The connected rail, by rail services type has been divided into passenger information system, passenger mobility & services, automated fare collection system, train tracking & monitoring solutions, predictive maintenance, IP video surveillance, and among the others. Further the connected rail divided by rolling stock, the segment comprises electric locomotive, diesel locomotive, EMU, DMU, subway/metro vehicle, light rail/tram car, freight wagon, and passenger coach. The connected rail again divided by connected safety & signaling system includes communication/computer based train control, positive train control, and automatic/integrated train control. By area, the market is divided into Asia-Pacific, Europe, North America, and ROW.

The CBTC section is predicted to add up for the biggest market share, in signaling and safety connected rail market, in terms of value, whereas, predictive maintenance section adds up for the biggest market share, in connected service connected rail market in terms of value. The rolling stock dominates the overall market, the second biggest in the section are connected services with biggest market share, in terms of value, followed by safety and signaling system section which is the third biggest section of overall connected rail market. The freight wagon section is predicted to account for the largest market share, in rolling stock connected rail market, in terms of value, in 2017.

Key Players in the Connected Rail Market Report

The major players included in the global connected rail market forecast are Huawei Technologies Co. Ltd, Siemens AG, Hitachi Limited, Wabtec Corporation, Trimble, Inc., Robert Bosch GmbH, Cisco Systems, Inc., Nokia Corporation, Atos Corporation, and IBM Corporation.

 Source Link: https://brandessenceresearch.com/automotive-and-transport/connected-rail-market-size


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Frank Ustinov

Being a veteran in the field of writing with an experience of 15 years, Frank Ustinov holds the entire responsibility of the Technology Department on the Business Stats News. He has been a part of the Business Stats News for 10 years now. With a Bachelor’s Degree in Technology Management, Frank deals with writing articles, blogs, and reports relating to the technology.

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