The Europe Digital Railway Market would witness market growth of 8.6% CAGR during the forecast period (2022-2028).
Robotics and Internet of Things (IoT) sensor advancements are lowering the cost of traditionally labor-intensive tasks including maintenance, repair, surveying, and heavy lifting. With the ongoing advancement of predictive analytics, together with exponential gains in processing power and declines in digital storage costs from cloud-based storage, the capacity to derive insights from big data is improving. As approach Web 3.0, anticipate that this will continue to get better.
This gives potential to make use of already available massive data sets to improve organizational customer experience, boost productivity, and discover new business prospects. More specialized, individualized information is now possible due to the popularity of mobile devices, AI, and predictive analytics. Consumers are becoming more accustomed to and conscious of the advantages of technology as a result of increased exposure such as Amazon providing voice activation assistance with Alexa, and face recognition on the iPhone.
A national program backed by the government called the Digital Railway aims to significantly improve train control, command, and signaling systems within a single generation. By strategically deploying cutting-edge train control and signaling technologies, the rail industry intends to revolutionize the rail infrastructure in Britain. In the last 30 years or so, utilization of the railways in Britain has doubled. Britain's trains are jam-packed at peak hours on congested networks in commuter districts, much like the congested highways.
The Germany market dominated the Europe Digital Railway Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8,134.6 million by 2028. The UK market is anticipated to grow at a CAGR of 7.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 9.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Digital Railway Market will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Digital Railway Market, by Offering
1.4.2 Europe Digital Railway Market, by Application
1.4.3 Europe 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. Europe Digital Railway Market by Offering
4.1 Europe Solutions Market by Country
4.2 Europe Digital Railway Market by Solutions Type
4.2.1 Europe Remote Monitoring Market by Country
4.2.2 Europe Network Management Market by Country
4.2.3 Europe Route Optimization And Scheduling Market by Country
4.2.4 Europe Predictive Maintenance Market by Country
4.2.5 Europe Analytics Market by Country
4.2.6 Europe Security Market by Country
4.2.7 Europe Others Market by Country
4.3 Europe Services Market by Country
4.4 Europe Digital Railway Market by Services Type
4.4.1 Europe Professional Services Market by Country
4.4.2 Europe Managed Services Market by Country
Chapter 5. Europe Digital Railway Market by Application
5.1 Europe Rail Operations Management Market by Country
5.2 Europe Asset Management Market by Country
5.3 Europe Passenger Information System Market by Country
5.4 Europe Other Market by Country
Chapter 6. Europe Digital Railway Market by Country
6.1 Germany Digital Railway Market
6.1.1 Germany Digital Railway Market by Offering
6.1.1.1 Germany Digital Railway Market by Solutions Type
6.1.1.2 Germany Digital Railway Market by Services Type
6.1.2 Germany Digital Railway Market by Application
6.2 UK Digital Railway Market
6.2.1 UK Digital Railway Market by Offering
6.2.1.1 UK Digital Railway Market by Solutions Type
6.2.1.2 UK Digital Railway Market by Services Type
6.2.2 UK Digital Railway Market by Application
6.3 France Digital Railway Market
6.3.1 France Digital Railway Market by Offering
6.3.1.1 France Digital Railway Market by Solutions Type
6.3.1.2 France Digital Railway Market by Services Type
6.3.2 France Digital Railway Market by Application
6.4 Russia Digital Railway Market
6.4.1 Russia Digital Railway Market by Offering
6.4.1.1 Russia Digital Railway Market by Solutions Type
6.4.1.2 Russia Digital Railway Market by Services Type
6.4.2 Russia Digital Railway Market by Application
6.5 Spain Digital Railway Market
6.5.1 Spain Digital Railway Market by Offering
6.5.1.1 Spain Digital Railway Market by Solutions Type
6.5.1.2 Spain Digital Railway Market by Services Type
6.5.2 Spain Digital Railway Market by Application
6.6 Italy Digital Railway Market
6.6.1 Italy Digital Railway Market by Offering
6.6.1.1 Italy Digital Railway Market by Solutions Type
6.6.1.2 Italy Digital Railway Market by Services Type
6.6.2 Italy Digital Railway Market by Application
6.7 Rest of Europe Digital Railway Market
6.7.1 Rest of Europe Digital Railway Market by Offering
6.7.1.1 Rest of Europe Digital Railway Market by Solutions Type
6.7.1.2 Rest of Europe Digital Railway Market by Services Type
6.7.2 Rest of Europe 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 Europe Digital Railway Market, 2018 - 2021, USD Million
TABLE 2 Europe 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 Europe Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 7 Europe Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 8 Europe Solutions Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Solutions Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 11 Europe Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 12 Europe Remote Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe Remote Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe Network Management Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Network Management Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Route Optimization And Scheduling Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Route Optimization And Scheduling Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Predictive Maintenance Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe Predictive Maintenance Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Analytics Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Analytics Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Security Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Security Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 29 Europe Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 30 Europe Professional Services Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Professional Services Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Managed Services Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Managed Services Market by Country, 2022 - 2028, USD Million
TABLE 34 Europe Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 35 Europe Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 36 Europe Rail Operations Management Market by Country, 2018 - 2021, USD Million
TABLE 37 Europe Rail Operations Management Market by Country, 2022 - 2028, USD Million
TABLE 38 Europe Asset Management Market by Country, 2018 - 2021, USD Million
TABLE 39 Europe Asset Management Market by Country, 2022 - 2028, USD Million
TABLE 40 Europe Passenger Information System Market by Country, 2018 - 2021, USD Million
TABLE 41 Europe Passenger Information System Market by Country, 2022 - 2028, USD Million
TABLE 42 Europe Other Market by Country, 2018 - 2021, USD Million
TABLE 43 Europe Other Market by Country, 2022 - 2028, USD Million
TABLE 44 Europe Digital Railway Market by Country, 2018 - 2021, USD Million
TABLE 45 Europe Digital Railway Market by Country, 2022 - 2028, USD Million
TABLE 46 Germany Digital Railway Market, 2018 - 2021, USD Million
TABLE 47 Germany Digital Railway Market, 2022 - 2028, USD Million
TABLE 48 Germany Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 49 Germany Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 50 Germany Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 51 Germany Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 52 Germany Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 53 Germany Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 54 Germany Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 55 Germany Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 56 UK Digital Railway Market, 2018 - 2021, USD Million
TABLE 57 UK Digital Railway Market, 2022 - 2028, USD Million
TABLE 58 UK Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 59 UK Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 60 UK Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 61 UK Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 62 UK Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 63 UK Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 64 UK Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 65 UK Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 66 France Digital Railway Market, 2018 - 2021, USD Million
TABLE 67 France Digital Railway Market, 2022 - 2028, USD Million
TABLE 68 France Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 69 France Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 70 France Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 71 France Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 72 France Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 73 France Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 74 France Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 75 France Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 76 Russia Digital Railway Market, 2018 - 2021, USD Million
TABLE 77 Russia Digital Railway Market, 2022 - 2028, USD Million
TABLE 78 Russia Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 79 Russia Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 80 Russia Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 81 Russia Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 82 Russia Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 83 Russia Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 84 Russia Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 85 Russia Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 86 Spain Digital Railway Market, 2018 - 2021, USD Million
TABLE 87 Spain Digital Railway Market, 2022 - 2028, USD Million
TABLE 88 Spain Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 89 Spain Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 90 Spain Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 91 Spain Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 92 Spain Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 93 Spain Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 94 Spain Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 95 Spain Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 96 Italy Digital Railway Market, 2018 - 2021, USD Million
TABLE 97 Italy Digital Railway Market, 2022 - 2028, USD Million
TABLE 98 Italy Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 99 Italy Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 100 Italy Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 101 Italy Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 102 Italy Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 103 Italy Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 104 Italy Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 105 Italy Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 106 Rest of Europe Digital Railway Market, 2018 - 2021, USD Million
TABLE 107 Rest of Europe Digital Railway Market, 2022 - 2028, USD Million
TABLE 108 Rest of Europe Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 109 Rest of Europe Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 110 Rest of Europe Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 111 Rest of Europe Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 112 Rest of Europe Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 113 Rest of Europe Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 114 Rest of Europe Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 115 Rest of Europe 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