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Public transport is a shared passenger-transport service which is available for use by the general public, as distinct from modes such as taxicab, carpooling, or hired buses, which are not shared by strangers without private arrangement.
Scope of the Report:
Government and regulatory bodies are striving for the furtherance of the transport infrastructure systems, as it replicates the development of the economy. The restraints of the railway management system market include operational efficiency & increasing congestion, high initial cost of deployment & capacity, and lack of ICT infrastructure & interoperability.
The rail traffic management system is expected to grow at the highest Compound Annual Growth Rate (CAGR) during the forecast period, due to the rise in installations of intelligent signaling solutions and demand for real-time train planning & route scheduling. In addition to that, traffic analytics solutions provide information for planning and forecasting for improved and advanced traffic management. The solution helps railway operators determine the future trends and patterns of transportation.
With regards to the geographic analysis, Europe is expected to benefit from its technological advancements, large number of smart devices, strong government regulations, followed by high usage of big data analytics, and predictive and sensor analytics across the railways industry.
Asia-Pacific (APAC) is expected to lead the railway management system market, by region, between 2016 and 2021. The growth can be attributed to the global competition, increasing penetration of smart devices, connected machines, and increasing investment in smart cities.
The worldwide market for Public transport and Railways is expected to grow at a CAGR of roughly 14.6% over the next five years, will reach 76000 million US$ in 2024, from 33500 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Public transport and Railways in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Prasarana Malaysia Berhad
- SBS Transit
- Keretapi Tanah Melayu Berhad (KTMB)
- MRT Corp
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Heavy Rail
- Light Rail
- Trolley Cars
Market Segment by Applications, can be divided into
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Public transport and Railways product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Public transport and Railways, with price, sales, revenue and global market share of Public transport and Railways in 2017 and 2018.
Chapter 3, the Public transport and Railways competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Public transport and Railways breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Public transport and Railways market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Public transport and Railways sales channel, distributors, customers, research findings and conclusion, appendix and data source.