Isle of Man, UK, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Douglas Insights has launched the world’s first comparison engine for Connected Rail Market research reports. Available for use to everyone, from researchers to decision-makers, the digital tool provides access to both confidential and non-confidential projects and lets you compare Connected Rail Market research reports by Publisher Rating, Table of Contents, Number of Pages, and Price. It allows for comparing up to three market research reports at a time.
The connected rail market has displayed incredible growth lately. It is estimated to reach USD ~126 billion by 2027 at a growth rate of ~5.5%. Asia Pacific – the region that’s home to some of the world’s fastest emerging economies, such as China, India, and South Korea – is expected to display the fastest growth in the connected rail market as a form of public transport during this five-year period. North America, on the other hand, will lead the market in freight traffic and is expected to emerge as the largest player during the forecast period. In terms of market segment, the Rolling Stock is predicted to emerge as the largest division. Increasing population, economic growth, government support, the convenience that the connected rail system offers, and the continuous need for safety and security upgrades are identified as the major factors behind this unparalleled rail market growth.
Compare the reports on Connected Rail Market- https://douglasinsights.com/connected-rail-market
The connected rail system provides a safe, reliable, comfortable, convenient, and efficient means of transportation to the public as well as for freight transportation. Increased awareness about the many advantages of railways over other modes of transportation for trade has led to a boom in investments and development at government levels all across the world. However, the slow pace of growth in developing countries will likely pose a challenge and affect the overall connected rail market growth. Safety and security will be the key driver of the connected rail market.
Countries Covered in the report are as below:
•North America - United States, Canada, and Mexico
•Europe - United Kingdom, Germany, France, Italy, Russia, Spain & Rest of Europe
•Asia-Pacific - China, India, Japan, South Korea, Australia & Rest of APAC
•Latin America - Brazil, Argentina, Peru, Chile & Rest of Latin America
•Middle East and Africa - Saudi Arabia, UAE, Israel, South Africa
Market Segmentation in the report is as below-
By Service
- Passenger Mobility
- PIS
- Train Tracking & Monitoring
- Automated Fare Collection System
- Predictive Maintenance
By Rolling Stock Type
- Electric Multiple Unit (EMU)
- Diesel Locomotive
- Electric Locomotive
- Passenger Wagons
- Light Rail/Tram Car
- Others
By Rail Signalling System
- PTC
- CBTC
- ATC
Compare the reports on Connected Rail Market- https://douglasinsights.com/connected-rail-market
Related Market Research Report Comparisions:
Railway Signalling Systems Market - (The global railway signalling systems market was valued at US$ 8.0 Bn in 2017 and is expected to grow at a CAGR of 10.5% over the forecast period from 2018 to 2026. The growth is attributed to the increasing number of passenger and freight trains, as well as the increasing investments in railway infrastructure. The market is further benefitted by the increasing demand for safe and efficient train operations.) https://douglasinsights.com/railway-signalling-systems-market
Smart Railways Market - (The market for smart railways is expected to grow at a CAGR of around ~15%. The growth is driven by the increasing use of advanced technologies such as wireless communication, Machine Learning, and Sensors in railway systems. These technologies are used to collect data and act on it in real time to improve the safety and efficiency of railway systems.) https://douglasinsights.com/smart-railways-market
Railway Management System Market - (Railway Management Systems are necessary to maintain the growth of public transport as the systems grow. The growing urbanization in the world contributes to the increasing demand for such systems. A rapid increase in the global population also leads to a growing need for railways management.) https://douglasinsights.com/railway-management-system-market
About Douglas Inisghts-
Douglas Insights UK limited is first company to provide comparison of market research reports by Table of content, price, ratings and number of pages. We understand the value of time. Productivity and efficiency are possible when you take prompt and assured decisions. With our advanced algorithm, filters, and comparison engine, you can compare your preferred reports simultaneously, based on publisher rating, published date, price, and list of tables. Our data portal enables you to find and review the reports from several publishers. You can evaluate numerous reports on the same screen and select the sample for your best match.
