Dublin, Oct. 24, 2024 (GLOBE NEWSWIRE) -- The "Europe Railway Management System Market Size, Share & Trends Analysis Report by Offering, Rail Traffic Management Type, Asset Management Type, and Country, 2024-2031" report has been added to ResearchAndMarkets.com's offering.
The Europe Railway Management System Market is projected to witness market growth of 8.4% CAGR during the forecast period (2024-2031).
By country, the German RMS market dominated in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $6.52 billion by 2031. The UK RMS market is exhibiting a CAGR of 7.5% during 2024-2031. Additionally, the French RMS market is projected to experience a CAGR of 9.3% during 2024-2031.
With the push towards electrifying more railway lines across Europe, there is a growing demand for sophisticated planning and management systems to oversee electrification projects. Railway management systems play a crucial role in coordinating the planning, design, and implementation of electrification initiatives, ensuring seamless integration with existing infrastructure, and optimizing the operation of electrified railway networks. According to the Eurostat, in 2022, Luxembourg had the highest share of electrified railway lines in the EU, with 96.7%, followed by Belgium (88.0%) and Sweden (75.0%), each with shares well above the EU average of 56.9%.
The key companies in the Europe railway management system market, which are profiled in this report, include:
- Huawei Technologies Co. Ltd. (Huawei Investment & Holding Co. Ltd.)
- Siemens AG
- Hitachi, Ltd.
- Wabtec Corporation
- Cisco Systems, Inc.
- ABB Ltd.
- IBM Corporation
- Honeywell International, Inc.
- BAE Systems PLC
- Advantech Co. Ltd.
Key Topics Covered
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Railway Management System Market, by Offering
1.4.2 Europe Railway Management System Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Sep - 2024, May) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Europe Railway Management System Market by Offering
5.1 Europe Solutions Market by Country
5.2 Europe Railway Management System Market by Solutions Type
5.2.1 Europe Rail Traffic Management Market by Country
5.2.2 Europe Railway Management System Market by Rail Traffic Management Type
5.2.3 Europe Rail Operations Management Market by Country
5.2.4 Europe Asset Management Market by Country
5.2.5 Europe Railway Management System Market by Asset Management Type
5.2.6 Europe Intelligent In-Train Solutions Market by Country
5.2.7 Europe Others Market by Country
5.3 Europe Services Market by Country
5.4 Europe Railway Management System Market by Services Type
5.4.1 Europe Support & Maintenance Services Market by Country
5.4.2 Europe System Integration & Deployment Services Market by Country
5.4.3 Europe Consulting Services Market by Country
Chapter 6. Europe Railway Management System Market by Country
6.1 Germany Railway Management System Market
6.2 UK Railway Management System Market
6.3 France Railway Management System Market
6.4 Russia Railway Management System Market
6.5 Spain Railway Management System Market
6.6 Italy Railway Management System Market
6.7 Rest of Europe Railway Management System Market
Chapter 7. Company Profiles
7.1 Huawei Technologies Co. Ltd. (Huawei Investment & Holding Co. Ltd.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent Strategies and Developments
7.1.5.1 Product Launches and Product Expansions
7.1.6 SWOT Analysis
7.2 Siemens AG
7.3 Hitachi, Ltd.
7.4 Wabtec Corporation
7.5 Cisco Systems, Inc.
7.6 ABB Ltd.
7.7 IBM Corporation
7.8 Honeywell International, Inc.
7.9 Advantech Co. Ltd.
7.10. BAE Systems PLC
For more information about this report visit https://www.researchandmarkets.com/r/7g69bz
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