Connected Rail Market Outlook 2022: Top Players Robert Bosch GmbH (Germany), Siemens (Germany), Hitachi (Japan)
The global Connected Rail Market is expected to grow from approximately USD 94.6 billion in 2022 to reach 124.5 billion by 2027, at a CAGR of 5.6%. Rapid urbanization, a growing population, and the continuous innovation of new technologies are also driving the Connected Rail Market. Growing need for safety and compliance in rail transit is also driving the Connected Rail Market. The North American...
Connected Rail Market Estimated to reach $124.5 billion by 2027
The report “Connected Rail Market by Service (Passenger Mobility, PIS, Train Tracking & Monitoring, Automated Fare Collection, Predictive maintenance, Freight Management), Rail Signaling System (PTC, CBTC & ATC), Rolling Stock and Region – Global forecast to 2027” The global connected rail market size is projected to grow from USD 94.6 billion in 2022 to reach USD 124.5...