Intelligent Railways Transportation Management Systems Market Trends 2023

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Intelligent Railways Transportation Management
Systems Market Trends 2023
The year 2022 saw the rail industry gradually get
back on track post-COVID-19 impact. For instance,
according to the Department for Transport (DfT),
ridership reached as high as 95 of pre-COVID-19
levels in the United Kingdom. However, 2023 is
gearing up for staff shortages strikes,
evolving passenger demands, and the growing
effects of climate change. The global rail
industry is thus rapidly enhancing its digital
capabilities through partnerships with startups
and specialized tech providers. This further
influences the global intelligent railways
transportation management systems market growth,
slated to grow at a CAGR of 11.90 during
2023-2032, and generate a revenue of 109.25
billion by 2032.

• Accordingly, this blog focuses on the global rail
  technology trends imminent and beyond 2023.
• IRTMS Market Key Trends 2023
• Sustainability served on High-Speed Wheels
• A recent study has revealed that investing in
  comprehensive high-speed rail networks will be
  the key to substantially minimizing the
  environmental footprint of passenger transport in
  Europe.
• High-speed rail (HSR) is evaluated to offer
  tangible advantages over other transport modes
  for medium to long-distance journeys. It
  facilitates a shift from traditional air and road
  transport for lengthy journeys, reducing
  congestion and associated pollution. It operates
  on the electrified network and thus benefits from
  the 'greening' of the energy supply sector. Its
  main power supply is

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• electricity from renewable sources without having
  to develop new and specific technologies. This is
  a competitive advantage for high-speed rail (HSR)
  since road transport and aviation are highly
  dependent on fossil fuels. For instance, as per
  The Geography of Transport Systems, road
  transportation alone consumes 85 of the total
  energy used by the transport sector in developed
  economies.
• Furthermore, the greenhouse gas (GHG) emission
  performance relies on the energy supply that
  serves the network. Besides, high-speed rail
  (HSR) lines run on 100 electric power. They can
  shift from fossil fuels to renewable energy
  without requiring separate infrastructure or
  propulsion unit investments.
• Accordingly, the aforementioned study has
  analyzed the impact and potential of investments
  in the European high-speed rail network
  connecting Europe's main cities and capitals.
• Carlo M Borghini, Executive Director at Europe's
  Rail Joint Undertaking (EU-RAIL), says, "A high-
  speed rail network is not wishful-thinking but,
  together with all the ongoing investments,
  including in EU-Rail RI, the answer of rail to
  reaching COP's targets for passenger mobility as
  translated in the EC's Smart and Sustainable
  Mobility Strategy." (Source)
• EC's Smart and Sustainable Mobility Strategy sets
  the foundation for the EU transport system to
  achieve its green and digital transformation,
  thereby building resilience against future
  crises. It aims for a 90 reduction in emissions
  by 2050.
• Enhanced Passenger Experience
• Passenger numbers are slowly returning to around
  the same figures as pre-pandemic levels. In
  accordance, rail companies are deploying video
  surveillance, automated ticketing, train delivery
  services, and certain hotel experiences for an
  enhanced travel experience for passengers. For
  instance, infotainment systems engage passengers
  while onboarding systems improve seat
  assignments, identification control, and
  last-minute booking. Moreover, biometric
  ticketing solutions are employed to simplify
  passenger identification and the ticketing
  process.
• As a result, a significant modal shift will need
  substantial improvements to customer service.
• As per Ian Griffin, co-founder of Seatfrog, "In
  2023, there will be an accelerated pace on
  putting passengers back at the heart of rail. We
  need radical thinking to improve the customer
  experience and distill the right problems to
  solve." (Source)
• The modal shift will require operators to tackle
  recurring challenges like rising ticketing costs,
  ongoing strikes, onboard space comfort issues,
  and service disruptions and delays. Startups like
  RailRestro (Indian) and GoWith (Israeli) are
  contributing to the transition.
• As per Inkwood Research's estimates, passenger
  information management is the largest revenue-
  generating application, set to garner a revenue
  of 31.55 billion by 2032.
• Autonomous Mobility
• Automatic Train Operation or Autonomous Mobility
  is a safety and operational enhancement in rail.
  Integrated with systems like automatic train
  supervision, automatic train protection, and
  automatic train control, operators can do more
  with less, rendering them a finely-tuned network
  that delivers better performance with lesser
  risks and waste.

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• Further, real-time data transmission and advanced
  sensor technology in autonomous trains are
  evaluated to improve capacity optimization,
  reliability, and punctuality. Also, upgrades to
  automatic train control (ATC) systems and
  signaling technology will help better traffic
  information flows and minimize technical errors
  in rail transit, thereby reinforcing passenger
  confidence.
• For instance, a grade-of-automation 4 (GoA4)
  system autonomously handles obstacle detection
  and emergency situations and controls the doors,
  brakes, and speed. It is the highest level of
  automation. Paris lines 1 14 and the Sydney
  metro operate fully unattended.
• OTIV, a Belgian startup, develops full
  self-driving (FSD) solutions for shunting and
  light rail operations. It uses sensors, computer
  vision, deep learning, and artificial
  intelligence (AI) to manufacture the
  zero-emission OTIV Light Rail Vehicle System.
  Similarly, GEAR International Holdings, a South
  African startup, offers integrated railway
  solutions.
• As per our estimates, sensors are the
  fastest-growing hardware in the global
  intelligent railways transportation management
  systems market, with a CAGR of 12.61 by 2032.
• IRTMS Future Railways to run on a Digitalizated
  Track
• Digitization is the key to increased
  connectivity, automation, availability, and
  sustainability in rail infrastructure. Therefore,
  rail stakeholders are developing advanced robots,
  security systems, surveillance, drones,
  biometrics, sensors, and machine learning
  /artificial intelligence platforms. The prominent
  service and solution providers include
  Mitsubishi, ABB, Bombardier, Huawei, Alstom, and
  Siemens. The digitalization trend thus
  facilitates lucrative growth opportunities for
  the global intelligent railways transportation
  management systems market.
• FAQs
• Which country has high growth potential in the
  global intelligent railways transportation
  management systems market?
• A China has high growth potential in the global
  intelligent railways transportation management
  systems market.
• Which is the fastest-growing application in the
  global intelligent railways transportation
  management systems market?
• A Automated Traffic Control is the
  fastest-growing application in the global
  intelligent railways transportation management
  systems market.