The North America Digital Railway Market would witness market growth of 8.9% CAGR during the forecast period (2022-2028).
Railways, like many modern service organizations, underwent significant adjustments to become more effective and customer-centric as a result of market liberalization and competition. Governments and railway executives have made significant progress in integrating a stronger consumer orientation into their organizations.
New technological developments are redefining how services are delivered and how business is done in both the public and private sectors. The good news is that the introduction of these new technologies would give railroad organizations the chance to modernize and improve the services they offer to clients. Automation in customer service and control systems is expanding due to artificial intelligence and neural networks, which are simultaneously lowering labor costs and enhancing results.
The Locomotive Consist Control (LCC) Technical Advisory Group was established by the Association of American Railroads (AAR) Locomotive Committee for freight railroads (TAG). LCC TAG is in charge of managing the efforts on the part of the freight train industry and making sure that 49 CFR Part 229, Subpart E is followed. These initiatives center on connecting locomotives using Ethernet technology. In October 2015, a field test of two separate strategies was scheduled at TTC.
The US market dominated the North America Digital Railway Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $22,671.1 million by 2028. The Canada market is poised to grow at a CAGR of 11.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 10.4% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Digital Railway Market is Estimated to reach $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
- US
- Canada
- Mexico
- Rest of North America
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 North America Digital Railway Market, by Offering
1.4.2 North America Digital Railway Market, by Application
1.4.3 North America 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. North America Digital Railway Market by Offering
4.1 North America Solutions Market by Country
4.2 North America Digital Railway Market by Solutions Type
4.2.1 North America Remote Monitoring Market by Country
4.2.2 North America Network Management Market by Country
4.2.3 North America Route Optimization And Scheduling Market by Country
4.2.4 North America Predictive Maintenance Market by Country
4.2.5 North America Analytics Market by Country
4.2.6 North America Security Market by Country
4.2.7 North America Others Market by Country
4.3 North America Services Market by Country
4.4 North America Digital Railway Market by Services Type
4.4.1 North America Professional Services Market by Country
4.4.2 North America Managed Services Market by Country
Chapter 5. North America Digital Railway Market by Application
5.1 North America Rail Operations Management Market by Country
5.2 North America Asset Management Market by Country
5.3 North America Passenger Information System Market by Country
5.4 North America Other Market by Country
Chapter 6. North America Digital Railway Market by Country
6.1 US Digital Railway Market
6.1.1 US Digital Railway Market by Offering
6.1.1.1 US Digital Railway Market by Solutions Type
6.1.1.2 US Digital Railway Market by Services Type
6.1.2 US Digital Railway Market by Application
6.2 Canada Digital Railway Market
6.2.1 Canada Digital Railway Market by Offering
6.2.1.1 Canada Digital Railway Market by Solutions Type
6.2.1.2 Canada Digital Railway Market by Services Type
6.2.2 Canada Digital Railway Market by Application
6.3 Mexico Digital Railway Market
6.3.1 Mexico Digital Railway Market by Offering
6.3.1.1 Mexico Digital Railway Market by Solutions Type
6.3.1.2 Mexico Digital Railway Market by Services Type
6.3.2 Mexico Digital Railway Market by Application
6.4 Rest of North America Digital Railway Market
6.4.1 Rest of North America Digital Railway Market by Offering
6.4.1.1 Rest of North America Digital Railway Market by Solutions Type
6.4.1.2 Rest of North America Digital Railway Market by Services Type
6.4.2 Rest of North America 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 North America Digital Railway Market, 2018 - 2021, USD Million
TABLE 2 North America 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 North America Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 7 North America Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 8 North America Solutions Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Solutions Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 11 North America Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 12 North America Remote Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Remote Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Network Management Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Network Management Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Route Optimization And Scheduling Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Route Optimization And Scheduling Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Predictive Maintenance Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Predictive Maintenance Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Analytics Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Analytics Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Security Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Security Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 29 North America Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 30 North America Professional Services Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Professional Services Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Managed Services Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Managed Services Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 35 North America Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 36 North America Rail Operations Management Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Rail Operations Management Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Asset Management Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Asset Management Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Passenger Information System Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Passenger Information System Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Other Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Other Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Digital Railway Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Digital Railway Market by Country, 2022 - 2028, USD Million
TABLE 46 US Digital Railway Market, 2018 - 2021, USD Million
TABLE 47 US Digital Railway Market, 2022 - 2028, USD Million
TABLE 48 US Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 49 US Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 50 US Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 51 US Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 52 US Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 53 US Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 54 US Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 55 US Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 56 Canada Digital Railway Market, 2018 - 2021, USD Million
TABLE 57 Canada Digital Railway Market, 2022 - 2028, USD Million
TABLE 58 Canada Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 59 Canada Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 60 Canada Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 61 Canada Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 62 Canada Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 63 Canada Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 64 Canada Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 65 Canada Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 66 Mexico Digital Railway Market, 2018 - 2021, USD Million
TABLE 67 Mexico Digital Railway Market, 2022 - 2028, USD Million
TABLE 68 Mexico Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 69 Mexico Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 70 Mexico Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 71 Mexico Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 72 Mexico Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 73 Mexico Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 74 Mexico Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 75 Mexico Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 76 Rest of North America Digital Railway Market, 2018 - 2021, USD Million
TABLE 77 Rest of North America Digital Railway Market, 2022 - 2028, USD Million
TABLE 78 Rest of North America Digital Railway Market by Offering, 2018 - 2021, USD Million
TABLE 79 Rest of North America Digital Railway Market by Offering, 2022 - 2028, USD Million
TABLE 80 Rest of North America Digital Railway Market by Solutions Type, 2018 - 2021, USD Million
TABLE 81 Rest of North America Digital Railway Market by Solutions Type, 2022 - 2028, USD Million
TABLE 82 Rest of North America Digital Railway Market by Services Type , 2018 - 2021, USD Million
TABLE 83 Rest of North America Digital Railway Market by Services Type , 2022 - 2028, USD Million
TABLE 84 Rest of North America Digital Railway Market by Application, 2018 - 2021, USD Million
TABLE 85 Rest of North America Digital Railway Market by Application, 2022 - 2028, USD Million
TABLE 86 Key Information – Siemens AG
TABLE 87 Key Information – ABB Group
TABLE 88 Key Information – Fujitsu Limited
TABLE 89 Key information – IBM Corporation
TABLE 90 Key Information – Cisco Systems, Inc.
TABLE 91 Key Information – ALSTOM Holdings
TABLE 92 key information – Huawei Technologies Co., Ltd.
TABLE 93 key information – Thales Group S.A.
TABLE 94 Key Information – Hitachi, Ltd.
TABLE 95 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