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Intelligent Railway Transport System (IRTS)-Global Market Insights and Sales Trends 2024
Synopsis
The intelligent railway transport system facilitates the use of information technology for managing the services provided by the railways. The railway relies on the radio network and the GPS system for effective implementation of intelligent transport system. The intelligent railway transport system market is majorly driven by its ability of providing high security for the passengers and the high service quality to the customers. The market will also grow with the increase in adoptions of internet of things technology in the railway system. The increasing trend of internet services is contributing in the growth of intelligent railway transport system market. The increasing use of rail transport among all modes of transportation has created an effective and timely management of services among others such as scheduling of trains. Whereas, the increased need for adoption of intelligent transport system in railways has made this possible and hence has increased the customer experience and security. The ability of the systems to regulate the road traffic near railway track signals is also fostering the growth of this market. The ability of the system to provide real time information about the arrival and departure of train and the platform number at the display screen of the platform is also driving the growth of this market.
The global Intelligent Railway Transport System (IRTS) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Intelligent Railway Transport System (IRTS) in various end use industries. The expanding demands from the Passenger Information System (PIS) and Advanced Security Management System, are propelling Intelligent Railway Transport System (IRTS) market. Rail Sensors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Smart Cards segment is estimated at % CAGR for the next seven-year period.
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Intelligent Railway Transport System (IRTS), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Intelligent Railway Transport System (IRTS) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Intelligent Railway Transport System (IRTS) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Intelligent Railway Transport System (IRTS) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Intelligent Railway Transport System (IRTS) covered in this report include ABB, Indra Sistemas, Alstom, Alcatel-Lucent, Bombardier, Hitachi, Cisco, Siemens and International Business Machines, etc.
The global Intelligent Railway Transport System (IRTS) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Indra Sistemas
Alstom
Alcatel-Lucent
Bombardier
Hitachi
Cisco
Siemens
International Business Machines
General Electric
Ansaldo Signalling and Transportation Systems
Global Intelligent Railway Transport System (IRTS) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Intelligent Railway Transport System (IRTS) market, Segment by Type:
Rail Sensors
Smart Cards
Video Surveillance Cameras
Global Intelligent Railway Transport System (IRTS) market, by Application
Passenger Information System (PIS)
Advanced Security Management System
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Intelligent Railway Transport System (IRTS) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The intelligent railway transport system facilitates the use of information technology for managing the services provided by the railways. The railway relies on the radio network and the GPS system for effective implementation of intelligent transport system. The intelligent railway transport system market is majorly driven by its ability of providing high security for the passengers and the high service quality to the customers. The market will also grow with the increase in adoptions of internet of things technology in the railway system. The increasing trend of internet services is contributing in the growth of intelligent railway transport system market. The increasing use of rail transport among all modes of transportation has created an effective and timely management of services among others such as scheduling of trains. Whereas, the increased need for adoption of intelligent transport system in railways has made this possible and hence has increased the customer experience and security. The ability of the systems to regulate the road traffic near railway track signals is also fostering the growth of this market. The ability of the system to provide real time information about the arrival and departure of train and the platform number at the display screen of the platform is also driving the growth of this market.
The global Intelligent Railway Transport System (IRTS) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Intelligent Railway Transport System (IRTS) in various end use industries. The expanding demands from the Passenger Information System (PIS) and Advanced Security Management System, are propelling Intelligent Railway Transport System (IRTS) market. Rail Sensors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Smart Cards segment is estimated at % CAGR for the next seven-year period.
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Intelligent Railway Transport System (IRTS), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Intelligent Railway Transport System (IRTS) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Intelligent Railway Transport System (IRTS) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Intelligent Railway Transport System (IRTS) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Intelligent Railway Transport System (IRTS) covered in this report include ABB, Indra Sistemas, Alstom, Alcatel-Lucent, Bombardier, Hitachi, Cisco, Siemens and International Business Machines, etc.
The global Intelligent Railway Transport System (IRTS) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Indra Sistemas
Alstom
Alcatel-Lucent
Bombardier
Hitachi
Cisco
Siemens
International Business Machines
General Electric
Ansaldo Signalling and Transportation Systems
Global Intelligent Railway Transport System (IRTS) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Intelligent Railway Transport System (IRTS) market, Segment by Type:
Rail Sensors
Smart Cards
Video Surveillance Cameras
Global Intelligent Railway Transport System (IRTS) market, by Application
Passenger Information System (PIS)
Advanced Security Management System
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Intelligent Railway Transport System (IRTS) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Intelligent Railway Transport System (IRTS)
1.1 Intelligent Railway Transport System (IRTS) Market Overview
1.1.1 Intelligent Railway Transport System (IRTS) Product Scope
1.1.2 Intelligent Railway Transport System (IRTS) Market Status and Outlook
1.2 Global Intelligent Railway Transport System (IRTS) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Intelligent Railway Transport System (IRTS) Market Size by Region (2018-2029)
1.4 Global Intelligent Railway Transport System (IRTS) Historic Market Size by Region (2018-2023)
1.5 Global Intelligent Railway Transport System (IRTS) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Intelligent Railway Transport System (IRTS) Market Size (2018-2029)
1.6.1 North America Intelligent Railway Transport System (IRTS) Market Size (2018-2029)
1.6.2 Europe Intelligent Railway Transport System (IRTS) Market Size (2018-2029)
1.6.3 Asia-Pacific Intelligent Railway Transport System (IRTS) Market Size (2018-2029)
1.6.4 Latin America Intelligent Railway Transport System (IRTS) Market Size (2018-2029)
1.6.5 Middle East & Africa Intelligent Railway Transport System (IRTS) Market Size (2018-2029)
2 Intelligent Railway Transport System (IRTS) Market by Type
2.1 Introduction
2.1.1 Rail Sensors
2.1.2 Smart Cards
2.1.3 Video Surveillance Cameras
2.2 Global Intelligent Railway Transport System (IRTS) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Intelligent Railway Transport System (IRTS) Historic Market Size by Type (2018-2023)
2.2.2 Global Intelligent Railway Transport System (IRTS) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Intelligent Railway Transport System (IRTS) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Intelligent Railway Transport System (IRTS) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Intelligent Railway Transport System (IRTS) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Intelligent Railway Transport System (IRTS) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Intelligent Railway Transport System (IRTS) Revenue Breakdown by Type (2018-2029)
3 Intelligent Railway Transport System (IRTS) Market Overview by Application
3.1 Introduction
3.1.1 Passenger Information System (PIS)
3.1.2 Advanced Security Management System
3.2 Global Intelligent Railway Transport System (IRTS) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Intelligent Railway Transport System (IRTS) Historic Market Size by Application (2018-2023)
3.2.2 Global Intelligent Railway Transport System (IRTS) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Intelligent Railway Transport System (IRTS) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Intelligent Railway Transport System (IRTS) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Intelligent Railway Transport System (IRTS) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Intelligent Railway Transport System (IRTS) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Intelligent Railway Transport System (IRTS) Revenue Breakdown by Application (2018-2029)
4 Intelligent Railway Transport System (IRTS) Competition Analysis by Players
4.1 Global Intelligent Railway Transport System (IRTS) Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Intelligent Railway Transport System (IRTS) as of 2022)
4.3 Date of Key Players Enter into Intelligent Railway Transport System (IRTS) Market
4.4 Global Top Players Intelligent Railway Transport System (IRTS) Headquarters and Area Served
4.5 Key Players Intelligent Railway Transport System (IRTS) Product Solution and Service
4.6 Competitive Status
4.6.1 Intelligent Railway Transport System (IRTS) Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ABB
5.1.1 ABB Profile
5.1.2 ABB Main Business
5.1.3 ABB Intelligent Railway Transport System (IRTS) Products, Services and Solutions
5.1.4 ABB Intelligent Railway Transport System (IRTS) Revenue (US$ Million) & (2018-2023)
5.1.5 ABB Recent Developments
5.2 Indra Sistemas
5.2.1 Indra Sistemas Profile
5.2.2 Indra Sistemas Main Business
5.2.3 Indra Sistemas Intelligent Railway Transport System (IRTS) Products, Services and Solutions
5.2.4 Indra Sistemas Intelligent Railway Transport System (IRTS) Revenue (US$ Million) & (2018-2023)
5.2.5 Indra Sistemas Recent Developments
5.3 Alstom
5.3.1 Alstom Profile
5.3.2 Alstom Main Business
5.3.3 Alstom Intelligent Railway Transport System (IRTS) Products, Services and Solutions
5.3.4 Alstom Intelligent Railway Transport System (IRTS) Revenue (US$ Million) & (2018-2023)
5.3.5 Alcatel-Lucent Recent Developments
5.4 Alcatel-Lucent
5.4.1 Alcatel-Lucent Profile
5.4.2 Alcatel-Lucent Main Business
5.4.3 Alcatel-Lucent Intelligent Railway Transport System (IRTS) Products, Services and Solutions
5.4.4 Alcatel-Lucent Intelligent Railway Transport System (IRTS) Revenue (US$ Million) & (2018-2023)
5.4.5 Alcatel-Lucent Recent Developments
5.5 Bombardier
5.5.1 Bombardier Profile
5.5.2 Bombardier Main Business
5.5.3 Bombardier Intelligent Railway Transport System (IRTS) Products, Services and Solutions
5.5.4 Bombardier Intelligent Railway Transport System (IRTS) Revenue (US$ Million) & (2018-2023)
5.5.5 Bombardier Recent Developments
5.6 Hitachi
5.6.1 Hitachi Profile
5.6.2 Hitachi Main Business
5.6.3 Hitachi Intelligent Railway Transport System (IRTS) Products, Services and Solutions
5.6.4 Hitachi Intelligent Railway Transport System (IRTS) Revenue (US$ Million) & (2018-2023)
5.6.5 Hitachi Recent Developments
5.7 Cisco
5.7.1 Cisco Profile
5.7.2 Cisco Main Business
5.7.3 Cisco Intelligent Railway Transport System (IRTS) Products, Services and Solutions
5.7.4 Cisco Intelligent Railway Transport System (IRTS) Revenue (US$ Million) & (2018-2023)
5.7.5 Cisco Recent Developments
5.8 Siemens
5.8.1 Siemens Profile
5.8.2 Siemens Main Business
5.8.3 Siemens Intelligent Railway Transport System (IRTS) Products, Services and Solutions
5.8.4 Siemens Intelligent Railway Transport System (IRTS) Revenue (US$ Million) & (2018-2023)
5.8.5 Siemens Recent Developments
5.9 International Business Machines
5.9.1 International Business Machines Profile
5.9.2 International Business Machines Main Business
5.9.3 International Business Machines Intelligent Railway Transport System (IRTS) Products, Services and Solutions
5.9.4 International Business Machines Intelligent Railway Transport System (IRTS) Revenue (US$ Million) & (2018-2023)
5.9.5 International Business Machines Recent Developments
5.10 General Electric
5.10.1 General Electric Profile
5.10.2 General Electric Main Business
5.10.3 General Electric Intelligent Railway Transport System (IRTS) Products, Services and Solutions
5.10.4 General Electric Intelligent Railway Transport System (IRTS) Revenue (US$ Million) & (2018-2023)
5.10.5 General Electric Recent Developments
5.11 Ansaldo Signalling and Transportation Systems
5.11.1 Ansaldo Signalling and Transportation Systems Profile
5.11.2 Ansaldo Signalling and Transportation Systems Main Business
5.11.3 Ansaldo Signalling and Transportation Systems Intelligent Railway Transport System (IRTS) Products, Services and Solutions
5.11.4 Ansaldo Signalling and Transportation Systems Intelligent Railway Transport System (IRTS) Revenue (US$ Million) & (2018-2023)
5.11.5 Ansaldo Signalling and Transportation Systems Recent Developments
6 North America
6.1 North America Intelligent Railway Transport System (IRTS) Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Intelligent Railway Transport System (IRTS) Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Intelligent Railway Transport System (IRTS) Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Intelligent Railway Transport System (IRTS) Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Intelligent Railway Transport System (IRTS) Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Intelligent Railway Transport System (IRTS) Market Dynamics
11.1 Intelligent Railway Transport System (IRTS) Industry Trends
11.2 Intelligent Railway Transport System (IRTS) Market Drivers
11.3 Intelligent Railway Transport System (IRTS) Market Challenges
11.4 Intelligent Railway Transport System (IRTS) Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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