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Railway Telematics Market Share

Report ID: GMI6202
Published Date: Jul 2023
Report Format: PDF

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Railway Telematics Market Share

Major companies operating in the railway telematics market are :

A1 Digital
Alstom S
Amsted Industries
Hitachi Ltd.
IBM Corporatio
Intermodal Telematics
Intrex Telematics
Knorr-Bremse AG
Norfolk Southern
Railnova SA
Robert Bosch GmbH
Savvy Telematics
Siemens AG
Trinity Industries
Wabtec Corporation.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of railway telematics was reached USD 8.3 billion in 2022 and is set to expand at a CAGR of 6.5% between 2023 and 2032, owing to focus on operational efficiency in smart transportation.

The passenger train segment was valued at over USD 6 billion in 2022, as telematics solutions provide real-time monitoring capabilities, enabling operators to track train locations, analyze passenger flow, and manage security systems.

North America market held the revenue share of over 40% in 2022, owing to an increased adoption of telematics solutions in both passenger and freight train operations for operational efficiency, safety enhancements, and regulatory compliance.

A1 Digital, Alstom SA, Amsted Industries, Hitachi Ltd., IBM Corporation, Intermodal Telematics, Intrex Telematics, Knorr-Bremse AG, Norfolk Southern, Railnova SA, Robert Bosch GmbH, Savvy Telematics, Siemens AG, Trinity Industries, and Wabtec Corporation.