The Asia Pacific Digital Railway Market would witness market growth of 9.5% CAGR during the forecast period (2022-2028).
The onboard experience will be improved, and more importantly, the need to invest in expensive peak capacity, like new trains and tracks in congested urban areas, will be postponed due to digitally enabled real-time load distribution through capacity sensors on rail cars linked to apps or visual cues. Customer services powered by AI will improve accessibility for users, and travelers in need of help with route planning for people with disabilities would fare better when using digital channels.
With the continued development of virtual assistants (like Siri and Alexa), the use of voice activation to obtain information will increase. When a customer asks Alexa about potential delays on their way to work, accurate real-time information will be returned and will help them decide on other travel plans at a time that is convenient for them, such as choosing to work from home if there are significant disruptions, which is a more difficult choice to make once the customer has arrived at the platform.
A new direction has been taken by China's transport industry to keep up with the new development dynamic and support high-quality domestic production and high-standard opening up. China is utilizing golden opportunities to improve services, transform infrastructure, and update infrastructure to build a complete transportation system that is intelligent, safe, and environmentally friendly. To expand its transportation sector, China is committed to meeting public demands and advancing public interest.
The China market dominated the Asia Pacific Digital Railway Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8,731.7 million by 2028. The Japan market is estimated to grow a CAGR of 8.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 10.2% during (2022 - 2028).
Based on Offering, the market is segmented into Solutions (Remote Monitoring, Network Management, Route Optimization And Scheduling, Predictive Maintenance, Analytics, Security, and Others) and Services (Professional Services and Managed Services). Based on Application, the market is segmented into Rail Operations Management, Asset Management, Passenger Information System, and Other. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Digital Railway Market is Projected to reach USD 103.7 Billion by 2028, at a CAGR of 9.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, ABB Group, Fujitsu Limited, IBM Corporation, Cisco Systems, Inc., ALSTOM Holdings, Huawei Technologies Co. Ltd., Thales Group S.A., Hitachi, Ltd., and Wabtec Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Solutions
- Remote Monitoring
- Network Management
- Route Optimization And Scheduling
- Predictive Maintenance
- Analytics
- Security
- Others
- Services
- Professional Services
- Managed Services
By Application
- Rail Operations Management
- Asset Management
- Passenger Information System
- Other
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- ABB Group
- Fujitsu Limited
- IBM Corporation
- Cisco Systems, Inc.
- ALSTOM Holdings
- Huawei Technologies Co. Ltd.
- Thales Group S.A.
- Hitachi, Ltd.
- Wabtec Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Digital Railway Market, by Offering
1.4.2 Asia Pacific Digital Railway Market, by Application
1.4.3 Asia Pacific Digital Railway Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisitions and Mergers : 2018, Mar – 2022, Jun) Leading Players
Chapter 4. Asia Pacific Digital Railway Market by Offering
4.1 Asia Pacific Solutions Market by Country
4.2 Asia Pacific Digital Railway Market by Solutions Type
4.2.1 Asia Pacific Remote Monitoring Market by Country
4.2.2 Asia Pacific Network Management Market by Country
4.2.3 Asia Pacific Route Optimization And Scheduling Market by Country
4.2.4 Asia Pacific Predictive Maintenance Market by Country
4.2.5 Asia Pacific Analytics Market by Country
4.2.6 Asia Pacific Security Market by Country
4.2.7 Asia Pacific Others Market by Country
4.3 Asia Pacific Services Market by Country
4.4 Asia Pacific Digital Railway Market by Services Type
4.4.1 Asia Pacific Professional Services Market by Country
4.4.2 Asia Pacific Managed Services Market by Country
Chapter 5. Asia Pacific Digital Railway Market by Application
5.1 Asia Pacific Rail Operations Management Market by Country
5.2 Asia Pacific Asset Management Market by Country
5.3 Asia Pacific Passenger Information System Market by Country
5.4 Asia Pacific Other Market by Country
Chapter 6. Asia Pacific Digital Railway Market by Country
6.1 China Digital Railway Market
6.1.1 China Digital Railway Market by Offering
6.1.1.1 China Digital Railway Market by Solutions Type
6.1.1.2 China Digital Railway Market by Services Type
6.1.2 China Digital Railway Market by Application
6.2 Japan Digital Railway Market
6.2.1 Japan Digital Railway Market by Offering
6.2.1.1 Japan Digital Railway Market by Solutions Type
6.2.1.2 Japan Digital Railway Market by Services Type
6.2.2 Japan Digital Railway Market by Application
6.3 India Digital Railway Market
6.3.1 India Digital Railway Market by Offering
6.3.1.1 India Digital Railway Market by Solutions Type
6.3.1.2 India Digital Railway Market by Services Type
6.3.2 India Digital Railway Market by Application
6.4 South Korea Digital Railway Market
6.4.1 South Korea Digital Railway Market by Offering
6.4.1.1 South Korea Digital Railway Market by Solutions Type
6.4.1.2 South Korea Digital Railway Market by Services Type
6.4.2 South Korea Digital Railway Market by Application
6.5 Singapore Digital Railway Market
6.5.1 Singapore Digital Railway Market by Offering
6.5.1.1 Singapore Digital Railway Market by Solutions Type
6.5.1.2 Singapore Digital Railway Market by Services Type
6.5.2 Singapore Digital Railway Market by Application
6.6 Malaysia Digital Railway Market
6.6.1 Malaysia Digital Railway Market by Offering
6.6.1.1 Malaysia Digital Railway Market by Solutions Type
6.6.1.2 Malaysia Digital Railway Market by Services Type
6.6.2 Malaysia Digital Railway Market by Application
6.7 Rest of Asia Pacific Digital Railway Market
6.7.1 Rest of Asia Pacific Digital Railway Market by Offering
6.7.1.1 Rest of Asia Pacific Digital Railway Market by Solutions Type
6.7.1.2 Rest of Asia Pacific Digital Railway Market by Services Type
6.7.2 Rest of Asia Pacific Digital Railway Market by Application
Chapter 7. Company Profiles
7.1 Siemens AG
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 ABB Group
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.6 SWOT Analysis
7.3 Fujitsu Limited
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental Analysis
7.3.4 SWOT Analysis
7.4 IBM Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional & Segmental Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 Cisco Systems, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.5.6 SWOT Analysis
7.6 ALSTOM Holdings
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.5.3 Acquisition and Mergers:
7.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.8 Thales Group S.A.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research and Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Product Launches and Product Expansions:
7.8.5.3 Acquisition and Mergers:
7.9 Hitachi, Ltd.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.5.2 Product Launches and Product Expansions:
7.9.5.3 Acquisition and Mergers:
7.10. Wabtec Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional & Segmental Analysis
7.10.4 Recent strategies and developments:
7.10.4.1 Partnerships, Collaborations, and Agreements:
7.10.4.2 Product Launches and Product Expansions:
7.10.4.3 Acquisition and Mergers:
TABLE 1 Asia Pacific Digital Railway Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Digital Railway Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Digital Railway Market
TABLE 4 Product Launches And Product Expansions– Digital Railway Market
TABLE 5 Acquisition and Mergers– Digital Railway Market
TABLE 6 Asia Pacific Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 7 Asia Pacific Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Solutions Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Solutions Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Remote Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Remote Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Network Management Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Network Management Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Route Optimization And Scheduling Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Route Optimization And Scheduling Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Predictive Maintenance Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Predictive Maintenance Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Analytics Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Analytics Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Security Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Security Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 29 Asia Pacific Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 30 Asia Pacific Professional Services Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Professional Services Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Managed Services Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Managed Services Market by Country, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 36 Asia Pacific Rail Operations Management Market by Country, 2018 - 2021, USD Million
TABLE 37 Asia Pacific Rail Operations Management Market by Country, 2022 - 2028, USD Million
TABLE 38 Asia Pacific Asset Management Market by Country, 2018 - 2021, USD Million
TABLE 39 Asia Pacific Asset Management Market by Country, 2022 - 2028, USD Million
TABLE 40 Asia Pacific Passenger Information System Market by Country, 2018 - 2021, USD Million
TABLE 41 Asia Pacific Passenger Information System Market by Country, 2022 - 2028, USD Million
TABLE 42 Asia Pacific Other Market by Country, 2018 - 2021, USD Million
TABLE 43 Asia Pacific Other Market by Country, 2022 - 2028, USD Million
TABLE 44 Asia Pacific Digital Railway Market by Country, 2018 - 2021, USD Million
TABLE 45 Asia Pacific Digital Railway Market by Country, 2022 - 2028, USD Million
TABLE 46 China Digital Railway Market, 2018 - 2021, USD Million
TABLE 47 China Digital Railway Market, 2022 - 2028, USD Million
TABLE 48 China Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 49 China Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 50 China Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 51 China Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 52 China Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 53 China Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 54 China Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 55 China Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 56 Japan Digital Railway Market, 2018 - 2021, USD Million
TABLE 57 Japan Digital Railway Market, 2022 - 2028, USD Million
TABLE 58 Japan Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 59 Japan Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 60 Japan Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 61 Japan Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 62 Japan Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 63 Japan Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 64 Japan Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 65 Japan Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 66 India Digital Railway Market, 2018 - 2021, USD Million
TABLE 67 India Digital Railway Market, 2022 - 2028, USD Million
TABLE 68 India Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 69 India Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 70 India Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 71 India Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 72 India Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 73 India Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 74 India Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 75 India Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 76 South Korea Digital Railway Market, 2018 - 2021, USD Million
TABLE 77 South Korea Digital Railway Market, 2022 - 2028, USD Million
TABLE 78 South Korea Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 79 South Korea Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 80 South Korea Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 81 South Korea Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 82 South Korea Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 83 South Korea Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 84 South Korea Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 85 South Korea Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 86 Singapore Digital Railway Market, 2018 - 2021, USD Million
TABLE 87 Singapore Digital Railway Market, 2022 - 2028, USD Million
TABLE 88 Singapore Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 89 Singapore Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 90 Singapore Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 91 Singapore Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 92 Singapore Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 93 Singapore Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 94 Singapore Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 95 Singapore Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 96 Malaysia Digital Railway Market, 2018 - 2021, USD Million
TABLE 97 Malaysia Digital Railway Market, 2022 - 2028, USD Million
TABLE 98 Malaysia Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 99 Malaysia Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 100 Malaysia Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 101 Malaysia Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 102 Malaysia Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 103 Malaysia Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 104 Malaysia Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 105 Malaysia Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 106 Rest of Asia Pacific Digital Railway Market, 2018 - 2021, USD Million
TABLE 107 Rest of Asia Pacific Digital Railway Market, 2022 - 2028, USD Million
TABLE 108 Rest of Asia Pacific Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 109 Rest of Asia Pacific Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 110 Rest of Asia Pacific Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 111 Rest of Asia Pacific Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 112 Rest of Asia Pacific Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 113 Rest of Asia Pacific Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 114 Rest of Asia Pacific Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 115 Rest of Asia Pacific Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 116 Key Information – Siemens AG
TABLE 117 Key Information – ABB Group
TABLE 118 Key Information – Fujitsu Limited
TABLE 119 Key information – IBM Corporation
TABLE 120 Key Information – Cisco Systems, Inc.
TABLE 121 Key Information – ALSTOM Holdings
TABLE 122 key information – Huawei Technologies Co., Ltd.
TABLE 123 key information – Thales Group S.A.
TABLE 124 Key Information – Hitachi, Ltd.
TABLE 125 Key information – Wabtec Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (acquisitions and mergers: 2018, mar – 2022, Jun) Leading Players
FIG 6 Recent strategies and developments: Siemens AG
FIG 7 Swot analysis: Siemens AG
FIG 8 SWOT Analysis: ABB Group
FIG 9 SWOT Analysis: Fujitsu Limited
FIG 10 Swot analysis: IBM Corporation
FIG 11 SWOT Analysis: Cisco Systems, Inc.
FIG 12 Recent strategies and developments: ALSTOM Holdings
FIG 13 Recent strategies and developments: Huawei Technologies Co. Ltd.
FIG 14 Recent strategies and developments: Thales Group S.A.
FIG 15 Recent strategies and developments: Hitachi, Ltd.
FIG 16 Recent strategies and developments: Wabtec Corporation