The Latin America, Middle East and Africa Rail Asset Management Market would witness market growth of 8.1% CAGR during the forecast period (2021-2027).
Climate change isn't just a long-term existential concern; it's already having an influence on the environment and inhabitants' daily lives. It poses a threat to the transportation system's resilience, notably in terms of infrastructure and rolling stock. Warmer temperatures, that are upsetting climatic patterns, are caused by higher quantities of GHGs in the atmosphere, particularly CO2. It is self-evident that a modal transition to public transportation with rail as a backbone (urban rail in metropolitan areas) should be of top priority.
End-users' demands and expectations would require transportation providers to adapt, including behavioural changes such as greater home working and on-line buying, which may have been hastened by the COVID-19 pandemic. Technological advancements are paving the path for seamless intermodality, allowing for better interoperability with other modes and the delivery of smart and customised services that can provide connectivity regardless of mode or location.
The entrance of various key market players in the region to improve the efficiency of railways operations, maintenance, and renewal planning. Along with, attaining and maintaining the highest level of system reliability. Railway authorities and enterprises count on a reliable partner to get intelligent and comprehensive asset performance management and asset investment planning solutions. In some countries like UAE, railway departments are taking various initiatives to improve the management of rail assets. The UAE's National Rail Network would not be possible without the backing of the Ministry of Energy and Infrastructure. The government applauds the Ministry's dedication to completing the network in accordance with best worldwide norms, particularly in terms of safety. They decided to implement strict and strong procedures to ensure the proper issuance and verification of safety permits through their collaboration.
Based on Component, the market is segmented into Solution and Services. Further, the solution segment is bifurcated into Asset Performance Management (APM), Asset Planning & Scheduling, Workforce Management, Security, Analytics, Network Management, Incident Management, and Others. Based on Services, the market is segmented into Professional Services and Managed Services. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Application, the market is segmented into Rolling Stock and Infrastructure. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA Rail Asset Management Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $289.6 million by 2027. The Argentina market is exhibiting a CAGR of 8.7% during (2021 - 2027). Additionally, The UAE market would display a CAGR of 7.8% during (2021 - 2027).
Free Valuable Insights: The Global Rail Asset Management Market is Predict to reach $13.9 Billion by 2027, at a CAGR of 5.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ALSTOM Holdings, Siemens AG, IBM Corporation, Hitachi, Ltd. (Hitachi ID Systems, Inc.), SAP SE, Cisco Systems, Inc., Capgemini SE, Accenture PLC, Wabtec Corporation, and Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Asset Performance Management (APM)
- Asset Planning & Scheduling
- Workforce Management
- Security
- Analytics
- Network Management
- Incident Management
- Others
- Services
- Professional Services
- Managed Services
By Deployment Type
By Application
- Rolling Stock
- Infrastructure
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ALSTOM Holdings
- Siemens AG
- IBM Corporation
- Hitachi, Ltd. (Hitachi ID Systems, Inc.)
- SAP SE
- Cisco Systems, Inc.
- Capgemini SE
- Accenture PLC
- Wabtec Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
TABLE 1 LAMEA Rail Asset Management Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Rail Asset Management Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Rail Asset Management Market
TABLE 4 Product Launches And Product Expansions– Rail Asset Management Market
TABLE 5 Acquisition and Mergers– Rail Asset Management Market
TABLE 6 Geographical Expansions– Rail Asset Management Market
TABLE 7 LAMEA Rail Asset Management Market by Component, 2017 - 2020, USD Million
TABLE 8 LAMEA Rail Asset Management Market by Component, 2021 - 2027, USD Million
TABLE 9 LAMEA Solution Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Solution Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Rail Asset Management Market by Solution Type, 2017 - 2020, USD Million
TABLE 12 LAMEA Rail Asset Management Market by Solution Type, 2021 - 2027, USD Million
TABLE 13 LAMEA Asset Performance Management (APM) Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Asset Performance Management (APM) Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Asset Planning & Scheduling Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Asset Planning & Scheduling Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Workforce Management Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Workforce Management Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Security Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Security Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Analytics Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Analytics Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Network Management Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Network Management Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Incident Management Market by Country, 2017 - 2020, USD Million
TABLE 26 LAMEA Incident Management Market by Country, 2021 - 2027, USD Million
TABLE 27 LAMEA Other Solution Type Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Other Solution Type Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Services Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Services Market by Country, 2021 - 2027, USD Million
TABLE 31 LAMEA Rail Asset Management Market by Services Type, 2017 - 2020, USD Million
TABLE 32 LAMEA Rail Asset Management Market by Services Type, 2021 - 2027, USD Million
TABLE 33 LAMEA Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 34 LAMEA Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 35 LAMEA Managed Services Market by Country, 2017 - 2020, USD Million
TABLE 36 LAMEA Managed Services Market by Country, 2021 - 2027, USD Million
TABLE 37 LAMEA Rail Asset Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 38 LAMEA Rail Asset Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 39 LAMEA On-premise Market by Country, 2017 - 2020, USD Million
TABLE 40 LAMEA On-premise Market by Country, 2021 - 2027, USD Million
TABLE 41 LAMEA Cloud Market by Country, 2017 - 2020, USD Million
TABLE 42 LAMEA Cloud Market by Country, 2021 - 2027, USD Million
TABLE 43 LAMEA Rail Asset Management Market by Application, 2017 - 2020, USD Million
TABLE 44 LAMEA Rail Asset Management Market by Application, 2021 - 2027, USD Million
TABLE 45 LAMEA Rolling Stock Market by Country, 2017 - 2020, USD Million
TABLE 46 LAMEA Rolling Stock Market by Country, 2021 - 2027, USD Million
TABLE 47 LAMEA Infrastructure Market by Country, 2017 - 2020, USD Million
TABLE 48 LAMEA Infrastructure Market by Country, 2021 - 2027, USD Million
TABLE 49 LAMEA Rail Asset Management Market by Country, 2017 - 2020, USD Million
TABLE 50 LAMEA Rail Asset Management Market by Country, 2021 - 2027, USD Million
TABLE 51 Brazil Rail Asset Management Market, 2017 - 2020, USD Million
TABLE 52 Brazil Rail Asset Management Market, 2021 - 2027, USD Million
TABLE 53 Brazil Rail Asset Management Market by Component, 2017 - 2020, USD Million
TABLE 54 Brazil Rail Asset Management Market by Component, 2021 - 2027, USD Million
TABLE 55 Brazil Rail Asset Management Market by Solution Type, 2017 - 2020, USD Million
TABLE 56 Brazil Rail Asset Management Market by Solution Type, 2021 - 2027, USD Million
TABLE 57 Brazil Rail Asset Management Market by Services Type, 2017 - 2020, USD Million
TABLE 58 Brazil Rail Asset Management Market by Services Type, 2021 - 2027, USD Million
TABLE 59 Brazil Rail Asset Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 60 Brazil Rail Asset Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 61 Brazil Rail Asset Management Market by Application, 2017 - 2020, USD Million
TABLE 62 Brazil Rail Asset Management Market by Application, 2021 - 2027, USD Million
TABLE 63 Argentina Rail Asset Management Market, 2017 - 2020, USD Million
TABLE 64 Argentina Rail Asset Management Market, 2021 - 2027, USD Million
TABLE 65 Argentina Rail Asset Management Market by Component, 2017 - 2020, USD Million
TABLE 66 Argentina Rail Asset Management Market by Component, 2021 - 2027, USD Million
TABLE 67 Argentina Rail Asset Management Market by Solution Type, 2017 - 2020, USD Million
TABLE 68 Argentina Rail Asset Management Market by Solution Type, 2021 - 2027, USD Million
TABLE 69 Argentina Rail Asset Management Market by Services Type, 2017 - 2020, USD Million
TABLE 70 Argentina Rail Asset Management Market by Services Type, 2021 - 2027, USD Million
TABLE 71 Argentina Rail Asset Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 72 Argentina Rail Asset Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 73 Argentina Rail Asset Management Market by Application, 2017 - 2020, USD Million
TABLE 74 Argentina Rail Asset Management Market by Application, 2021 - 2027, USD Million
TABLE 75 UAE Rail Asset Management Market, 2017 - 2020, USD Million
TABLE 76 UAE Rail Asset Management Market, 2021 - 2027, USD Million
TABLE 77 UAE Rail Asset Management Market by Component, 2017 - 2020, USD Million
TABLE 78 UAE Rail Asset Management Market by Component, 2021 - 2027, USD Million
TABLE 79 UAE Rail Asset Management Market by Solution Type, 2017 - 2020, USD Million
TABLE 80 UAE Rail Asset Management Market by Solution Type, 2021 - 2027, USD Million
TABLE 81 UAE Rail Asset Management Market by Services Type, 2017 - 2020, USD Million
TABLE 82 UAE Rail Asset Management Market by Services Type, 2021 - 2027, USD Million
TABLE 83 UAE Rail Asset Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 84 UAE Rail Asset Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 85 UAE Rail Asset Management Market by Application, 2017 - 2020, USD Million
TABLE 86 UAE Rail Asset Management Market by Application, 2021 - 2027, USD Million
TABLE 87 Saudi Arabia Rail Asset Management Market, 2017 - 2020, USD Million
TABLE 88 Saudi Arabia Rail Asset Management Market, 2021 - 2027, USD Million
TABLE 89 Saudi Arabia Rail Asset Management Market by Component, 2017 - 2020, USD Million
TABLE 90 Saudi Arabia Rail Asset Management Market by Component, 2021 - 2027, USD Million
TABLE 91 Saudi Arabia Rail Asset Management Market by Solution Type, 2017 - 2020, USD Million
TABLE 92 Saudi Arabia Rail Asset Management Market by Solution Type, 2021 - 2027, USD Million
TABLE 93 Saudi Arabia Rail Asset Management Market by Services Type, 2017 - 2020, USD Million
TABLE 94 Saudi Arabia Rail Asset Management Market by Services Type, 2021 - 2027, USD Million
TABLE 95 Saudi Arabia Rail Asset Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 96 Saudi Arabia Rail Asset Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 97 Saudi Arabia Rail Asset Management Market by Application, 2017 - 2020, USD Million
TABLE 98 Saudi Arabia Rail Asset Management Market by Application, 2021 - 2027, USD Million
TABLE 99 South Africa Rail Asset Management Market, 2017 - 2020, USD Million
TABLE 100 South Africa Rail Asset Management Market, 2021 - 2027, USD Million
TABLE 101 South Africa Rail Asset Management Market by Component, 2017 - 2020, USD Million
TABLE 102 South Africa Rail Asset Management Market by Component, 2021 - 2027, USD Million
TABLE 103 South Africa Rail Asset Management Market by Solution Type, 2017 - 2020, USD Million
TABLE 104 South Africa Rail Asset Management Market by Solution Type, 2021 - 2027, USD Million
TABLE 105 South Africa Rail Asset Management Market by Services Type, 2017 - 2020, USD Million
TABLE 106 South Africa Rail Asset Management Market by Services Type, 2021 - 2027, USD Million
TABLE 107 South Africa Rail Asset Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 108 South Africa Rail Asset Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 109 South Africa Rail Asset Management Market by Application, 2017 - 2020, USD Million
TABLE 110 South Africa Rail Asset Management Market by Application, 2021 - 2027, USD Million
TABLE 111 Nigeria Rail Asset Management Market, 2017 - 2020, USD Million
TABLE 112 Nigeria Rail Asset Management Market, 2021 - 2027, USD Million
TABLE 113 Nigeria Rail Asset Management Market by Component, 2017 - 2020, USD Million
TABLE 114 Nigeria Rail Asset Management Market by Component, 2021 - 2027, USD Million
TABLE 115 Nigeria Rail Asset Management Market by Solution Type, 2017 - 2020, USD Million
TABLE 116 Nigeria Rail Asset Management Market by Solution Type, 2021 - 2027, USD Million
TABLE 117 Nigeria Rail Asset Management Market by Services Type, 2017 - 2020, USD Million
TABLE 118 Nigeria Rail Asset Management Market by Services Type, 2021 - 2027, USD Million
TABLE 119 Nigeria Rail Asset Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 120 Nigeria Rail Asset Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 121 Nigeria Rail Asset Management Market by Application, 2017 - 2020, USD Million
TABLE 122 Nigeria Rail Asset Management Market by Application, 2021 - 2027, USD Million
TABLE 123 Rest of LAMEA Rail Asset Management Market, 2017 - 2020, USD Million
TABLE 124 Rest of LAMEA Rail Asset Management Market, 2021 - 2027, USD Million
TABLE 125 Rest of LAMEA Rail Asset Management Market by Component, 2017 - 2020, USD Million
TABLE 126 Rest of LAMEA Rail Asset Management Market by Component, 2021 - 2027, USD Million
TABLE 127 Rest of LAMEA Rail Asset Management Market by Solution Type, 2017 - 2020, USD Million
TABLE 128 Rest of LAMEA Rail Asset Management Market by Solution Type, 2021 - 2027, USD Million
TABLE 129 Rest of LAMEA Rail Asset Management Market by Services Type, 2017 - 2020, USD Million
TABLE 130 Rest of LAMEA Rail Asset Management Market by Services Type, 2021 - 2027, USD Million
TABLE 131 Rest of LAMEA Rail Asset Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 132 Rest of LAMEA Rail Asset Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 133 Rest of LAMEA Rail Asset Management Market by Application, 2017 - 2020, USD Million
TABLE 134 Rest of LAMEA Rail Asset Management Market by Application, 2021 - 2027, USD Million
TABLE 135 Key Information – ALSTOM Holdings
TABLE 136 Key Information – Siemens AG
TABLE 137 Key information – IBM Corporation
TABLE 138 Key Information – Hitachi, Ltd.
TABLE 139 Key Information – SAP SE
TABLE 140 Key Information – Cisco Systems, Inc.
TABLE 141 Key Information – Capgemini SE
TABLE 142 Key information – Accenture PLC
TABLE 143 Key information – Wabtec Corporation
TABLE 144 key information – Huawei Technologies Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Acquisitions and Mergers : 2020, Jan – 2022, Jan) Leading Players
FIG 5 Recent strategies and developments: Siemens AG
FIG 6 Swot analysis: Siemens AG
FIG 7 Swot analysis: IBM Corporation
FIG 8 SWOT Analysis: SAP SE
FIG 9 SWOT Analysis: Cisco Systems, Inc.
FIG 10 Recent strategies and developments: Wabtec Corporation