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Smart Railway Market PPT

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The global smart railway market is expected to expand at 16.5% CAGR during the forecast period 2017–2024 – PowerPoint PPT presentation

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Date added: 19 August 2019
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Title: Smart Railway Market PPT


1
Smart Railways Market
2
Smart Railway Market Overview
  • The global smart railways market is spanned
    across North America, Europe, Asia-Pacific, and
    the rest of the world. Europe is expected to be
    the largest adopter of the Internet of Things
    (IoT) technology owing to the fast economic
    growth. For the purpose of analysis, Europe has
    been categorized into three regionsthe UK,
    Germany, France, and the rest of Europe. During
    the forecast period, the UK accounted for the
    largest market share of 39.9 in 2018, growing at
    a CAGR of 16.2, followed by Germany at17.3. The
    growth in this region is driven by the
    significant investments on smart railways
    projects by the government. 
  • Smart-Rail received a funding of USD 6.6 Million
    from the European Unions Horizon 2020 research
    and innovation program is expected to drive the
    market growth in this region.

3
  • On the other hand, Asia-Pacific is expected to
    foresee the fastest growth of smart railways
    owing increasing regional demographics and
    changing traveling demand. The governments of
    different countries including India and China
    have initiated smart railways projects with the
    help of advanced technologies and high-end
    infrastructure support which is driving the
    market growth in the region. Also, the countries
    including South Korea, Japan, China, and India
    are showing revolutionary growth in their
    respective regions, which is expected to boost
    the market growth.
  • Taste the market data and market information
    presented through more than 135 market data
    tables and figures spread over 168 numbers of
    pages of the project report. Avail the in-depth
    table of content TOC market synopsis on The
    Global Modular Data Center Market Research Report
    -Forecast to 2023.
  • Read More at https//www.marketresearchfuture.com
    /reports/smart-railways-market-2685

4
Market Segmentation
  • By TypeStation and Onboard Type.
  • By ComponentNetworking Connectivity Devices,
    Control and Maintenance, Video Surveillance
    Cameras, Multimedia Infotainment Devices, and
    Others
  • By ServicesConsulting Services, System
    Integration Deployment, and Support
    Maintenance.
  • By SolutionSmart Ticketing System, Rail
    Communication Networking System, Advanced
    Security Monitoring System, Passenger Information
    System, Rail Analytics System, and Freight
    Information System.
  • Get the sample copy _at_ https//www.marketresearchfu
    ture.com/sample_request/1883

5
Key Market Players
6
Detailed Regional Analysis
  • The smart railway market, by region, has been
    segmented into North America, Europe,
    Asia-Pacific, the Middle East Africa, and South
    America. Europe accounted for the largest market
    share of 54.5 in 2017, with a market value
    of USD 6,301.7 million the market is expected to
    register a CAGR of 15.8 during the forecast
    period. North America was the second largest
    market in 2017, valued at USD 2,776.6 million
    the market is projected to exhibit a CAGR of
    16.7. However, the market in Asia-Pacific is
    expected to register the highest CAGR of 19.7.
  • The adoption of IoT technology, fast economic
    growth, and significant investments on smart
    railways projects by the government are expected
    to drive the growth of the smart railway market
    in the region. Moreover, smart rail received a
    funding of USD 6.6 million from the European
    Unions Horizon 2020 research and innovation
    program.

7
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