CHICAGO, May 30, 2023 /PRNewswire/ -- According to Arizton's latest research report, the rail entrance systems market will grow at a CAGR of 4.87% during 2022-2028.
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77 - Tables??????
66 - Charts?
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According to the World Bank Group, railways are recognized as a climate-smart and efficient mode of transportation for both people and freight. They offer a means to promote economic growth while minimizing greenhouse gas emissions. Leveraging its expertise and extensive experience, the World Bank Group actively engages in the restructuring and oversight of railways worldwide. It conducts comprehensive research and analysis on railway systems in more than 20 countries across Asia, Africa, Eastern Europe, and the Middle East.
The World Bank Group demonstrates its commitment by supporting 16 investment projects totaling $6.9 billion in the railway sector. This financial assistance aims to facilitate the modernization and improvement of railway infrastructure. As a result, outdated assets are replaced with new ones and advanced systems with enhanced safety features and monitoring capabilities are introduced. Such endeavors provide manufacturers in the rail entrance systems market opportunities as customers involved in upgrading and modernization initiatives seek to install more sophisticated entrance systems.
This increased focus on infrastructure upgradation and modernization is a significant driver for the rail entrance systems market. The growing utilization of railways and customers' rising expectations for improved services have generated demand for new infrastructure investments. This, in turn, fuels the need for advanced entrance systems. Investments in modernization efforts are expected to drive further demand for rolling stock and its components, including train seating, control systems solutions, and doors. As a result, the global rail entrance systems market is poised for growth in the coming years.
In conclusion, the World Bank Group's active involvement in the rail sector and ongoing infrastructure upgradation and modernization initiatives propel the development of the rail entrance systems market. Investments and improvements in railway systems globally create opportunities for manufacturers, who are increasingly sought after to provide advanced entrance solutions to meet customers' evolving needs.
Rail Entrance Systems Market Report Scope
Report Attributes | Details |
Market Size (2028) | USD 1.89 Billion |
Market Size (2022) | USD 1.42 Billion |
CAGR (2022-2028) | 4.87 % |
Base Year | 2022 |
Forecast Year | 2023-2028 |
Market Segmentation | Type, Sales Channel, and Geography |
Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
Countries Covered | Germany, France, the UK, Russia, Italy, Spain, Poland, China, Japan, India, South Korea, Australia, the US, Canada, Brazil, Mexico, Argentina, the GCC, and South Africa |
Market Dynamics |
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Rising Use of Automation & IoT in Railways Boosting the Market Growth
The rapid Internet of Things (IoT) adoption has yielded substantial benefits across multiple industries, including the railway sector. IoT-driven solutions have emerged as pivotal contributors to enhancing safety and improving the reliability of services within railways. Among the various areas where IoT-based solutions demonstrate significant potential, the automation of rail door systems stands out, enabling seamless transitions between automatic and manual door operations. By harnessing the capabilities of IoT technology, the reliability and safety of train doors can be closely monitored and effectively enhanced. A deeper exploration of IoT-based solutions in this domain holds the promise of greatly improving rail transportation's overall reliability and safety.
The IoT has revolutionized the railway industry by facilitating the interconnectivity of devices, sensors, and systems, enabling the collection and analysis of real-time data. This wealth of information empowers railway operators to monitor and manage train operations more efficiently, enhancing safety measures and improving service reliability. In the specific context of rail door systems, IoT-based solutions enable seamless automation, ensuring the timely opening and closing of doors while providing real-time feedback on their performance.
Rail operators can monitor critical parameters such as door status, motion, and alignment by deploying IoT-enabled sensors and devices. This continuous monitoring facilitates proactive maintenance and troubleshooting, enabling timely interventions to address potential issues before they escalate. Additionally, IoT-driven solutions provide real-time alerts and notifications to passengers and operators, ensuring prompt responses to any anomalies or emergencies related to the functioning of rail doors. These capabilities significantly contribute to the overall safety and reliability of rail transportation.
Moreover, IoT-based automation of rail door systems offers a range of benefits, including increased efficiency, improved passenger flow, and enhanced accessibility. Automated doors can operate seamlessly, synchronized with train schedules and station stops, minimizing delays and optimizing boarding and alighting processes. Furthermore, IoT technology enables the integration of various data sources, such as passenger counts, weather conditions, and platform occupancy, allowing for adaptive door control and optimized resource allocation.
In conclusion, the increasing adoption of IoT in the railway industry is transforming the way rail transportation operates. IoT-driven solutions offer immense potential in automating rail door systems, leading to improved safety, reliability, and efficiency. Real-time monitoring and data analysis enables proactive maintenance, timely interventions, and optimized operations. By further exploring and harnessing the capabilities of IoT-based solutions, the railway industry can unlock significant advancements in reliability, safety, and passenger experience.
Opportunities for Energy & Environment in Railway
The railway industry offers significant advantages for the energy sector and the environment, as it facilitates the expansion of energy sources and promotes efficient mobility. Rail transportation plays a vital role in contributing to environmental sustainability by reducing transportation energy consumption and mitigating carbon dioxide and local pollutant emissions. This scenario opens avenues for developing innovative, sustainable, and environmentally friendly products in the energy-efficient rail sector. Anticipated growth in the rail entrance systems market is driven by the escalating demand for sustainable solutions, propelled by the imperative of achieving energy efficiency within railway operations.
Railways provide a mode of transportation that supports the efficient movement of goods and people while minimizing energy consumption and mitigating environmental impacts. By leveraging rail transportation, energy sources can be effectively utilized and harnessed for increased efficiency and reduced reliance on carbon-intensive alternatives. This synergy between the railway industry and the energy sector presents opportunities for creating advanced technologies and solutions that contribute to a greener and more sustainable future.
In line with the growing global focus on sustainability, there is an increasing demand for rail entrance systems that align with energy-efficient railway operations. These systems are designed to optimize energy consumption, minimize waste, and integrate advanced technologies for improved performance and environmental impact. This demand surge, driven by the imperative of achieving energy efficiency and reducing carbon footprints, is expected to propel the rail entrance systems market growth during the projected period.
Manufacturers and stakeholders in the rail entrance systems market are poised to benefit from this upward trajectory, as they can leverage the rising demand for sustainable solutions. By investing in research and development, innovation, and the application of environmentally friendly practices, industry players can seize opportunities to provide cutting-edge products that meet the evolving needs of the energy-efficient rail sector.
Hence, the railway industry substantially benefits the energy sector and the environment, promoting expanding energy sources and enabling more efficient mobility. The focus on reducing transportation energy consumption and minimizing emissions creates a favorable environment for developing sustainable and eco-friendly products in the energy-efficient rail sector. As the demand for sustainable rail entrance systems continues to rise, driven by the need for energy-efficient railways, the rail entrance systems market is expected to witness significant growth in the forecast period.
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Europe to Hold the Largest Share in the Rail Entrance Systems Market
Germany, the UK, France, Russia, Spain, Italy, and Poland are key markets for rail entrance systems in the region. In Germany, the country's well-established and high-quality rail network has positioned it as one of the preferred modes of transportation, offering efficiency and reliability. Furthermore, the government is actively investing in expanding the capacity and digitizing the rail network. With a committed investment of around $68 billion over a ten-year period, the growth and advancement of the rail industry in Germany will drive the demand for rail entrance systems, thus contributing to the overall market growth.
Key Company Profiles
- Knorr-Bremse
- Nanjing Kangni Mechanical & Electrical
- Wabtec
- Polarteknik Oy
- DOORspec
- Allegion
- EKE-Electronics
- ELMESY
- Fuji Electric
- igus
- Imfuyo
- IMI Norgren
- Kalsi Automatic Door System
- Nabtesco Corporation
- Siemens
- Schaltbau Holding AG
- Tamware
- PSI Technologies
Market Segmentation
Type
- Automatic
- Mechanical
Sales Channel
- OEM
- Aftermarket
Geography
- Europe
- Germany
- France
- The UK
- Russia
- Italy
- Spain
- Poland
- APAC
- China
- Japan
- India
- South Korea
- Australia
- North America
- The US
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- The GCC
- South Africa
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Table of Content
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.4 MARKET SEGMENTATION
4.4.1 MARKET BY TYPE
4.4.2 MARKET BY SALES CHANNEL
4.4.3 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
6.1 MARKET OVERVIEW
6.1.1 MARKET TRENDS
6.1.2 MARKET OPPORTUNITIES
6.1.3 MARKET ENABLERS
6.1.4 MARKET CHALLENGES
6.2 SEGMENT OVERVIEW
6.3 COMPETITIVE LANDSCAPE
7 MARKET AT A GLANCE
8 INTRODUCTION
8.1 OVERVIEW
8.2 RAIL VEHICLE TYPES
8.2.1 HIGH-SPEED RAILS (HSR)
8.2.2 METROS
8.2.3 LIGHT RAIL VEHICLES (LRT)
8.2.4 REGIONAL & COMMUTER TRAINS
8.2.5 PASSENGER CARS
8.2.6 MONORAILS
8.3 RAIL CONSTRUCTION PROJECTS
8.3.1 HIGH-SPEED RAILS
8.3.2 METRO
8.3.3 MONORAIL
8.4 VALUE CHAIN
8.4.1 MATERIAL SUPPLIERS
8.4.2 MANUFACTURERS
8.4.3 DISTRIBUTORS
9 MARKET OPPORTUNITIES & TRENDS
9.1 RISING USE OF AUTOMATION & IOT IN RAILWAYS
9.2 RISING DEMAND FOR HIGH-SPEED TRAINS
9.3 OPPORTUNITIES FOR ENERGY & ENVIRONMENT IN RAILWAY
10 MARKET GROWTH ENABLERS
10.1 STRINGENT GOVERNMENT REGULATIONS
10.2 INCREASING POPULARITY OF RAIL TRANSPORT
10.3 GROWTH IN RAIL ROLLING STOCK
11 MARKET RESTRAINTS
11.1 VOLATILITY IN RAW MATERIAL PRICES
11.2 RAIL DOOR CALIBRATION
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.3 FIVE FORCES ANALYSIS
12.3.1 THREAT OF NEW ENTRANTS
12.3.2 BARGAINING POWER OF SUPPLIERS
12.3.3 BARGAINING POWER OF BUYERS
12.3.4 THREAT OF SUBSTITUTES
12.3.5 COMPETITIVE RIVALRY
13 TYPE
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 AUTOMATIC
13.3.1 MARKET OVERVIEW
13.3.2 MARKET SIZE & FORECAST
13.3.3 MARKET BY GEOGRAPHY
13.4 MECHANICAL
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST
13.4.3 MARKET BY GEOGRAPHY
14 SALES CHANNEL
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 OEM
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.3.3 MARKET BY GEOGRAPHY
14.4 AFTERMARKET
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.4.3 MARKET BY GEOGRAPHY
15 GEOGRAPHY
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 GEOGRAPHIC OVERVIEW
16 EUROPE
16.1 MARKET OVERVIEW
16.2 MARKET SIZE & FORECAST
16.3 MARKET SEGMENTATION
16.4 TYPE
16.4.1 MARKET SIZE & FORECAST
16.5 SALES CHANNEL
16.5.1 MARKET SIZE & FORECAST
16.6 KEY COUNTRIES
16.6.1 GERMANY: MARKET SIZE & FORECAST
16.6.2 FRANCE: MARKET SIZE & FORECAST
16.6.3 UK: MARKET SIZE & FORECAST
16.6.4 RUSSIA: MARKET SIZE & FORECAST
16.6.5 ITALY: MARKET SIZE & FORECAST
16.6.6 SPAIN: MARKET SIZE & FORECAST
16.6.7 POLAND: MARKET SIZE & FORECAST
17 APAC
17.1 MARKET OVERVIEW
17.2 MARKET SIZE & FORECAST
17.3 MARKET SEGMENTATION
17.4 TYPE
17.4.1 MARKET SIZE & FORECAST
17.5 SALES CHANNEL
17.5.1 MARKET SIZE & FORECAST
17.6 KEY COUNTRIES
17.6.1 CHINA: MARKET SIZE & FORECAST
17.6.2 JAPAN: MARKET SIZE & FORECAST
17.6.3 INDIA: MARKET SIZE & FORECAST
17.6.4 SOUTH KOREA: MARKET SIZE & FORECAST
17.6.5 AUSTRALIA: MARKET SIZE & FORECAST
18 NORTH AMERICA
18.1 MARKET OVERVIEW
18.2 MARKET SIZE & FORECAST
18.3 MARKET SEGMENTATION
18.4 TYPE
18.4.1 MARKET SIZE & FORECAST
18.5 SALES CHANNEL
18.5.1 MARKET SIZE & FORECAST
18.6 KEY COUNTRIES
18.6.1 US: MARKET SIZE & FORECAST
18.6.2 CANADA: MARKET SIZE & FORECAST
19 LATIN AMERICA
19.1 MARKET OVERVIEW
19.2 MARKET SIZE & FORECAST
19.3 MARKET SEGMENTATION
19.4 TYPE
19.4.1 MARKET SIZE & FORECAST
19.5 SALES CHANNEL
19.5.1 MARKET SIZE & FORECAST
19.6 KEY COUNTRIES
19.6.1 BRAZIL: MARKET SIZE & FORECAST
19.6.2 MEXICO: MARKET SIZE & FORECAST
19.6.3 ARGENTINA: MARKET SIZE & FORECAST
20 MIDDLE EAST & AFRICA
20.1 MARKET OVERVIEW
20.2 MARKET SIZE & FORECAST
20.3 MARKET SEGMENTATION
20.4 TYPE
20.4.1 MARKET SIZE & FORECAST
20.5 SALES CHANNEL
20.5.1 MARKET SIZE & FORECAST
20.6 KEY COUNTRIES
20.6.1 GCC: MARKET SIZE & FORECAST
20.6.2 SOUTH AFRICA: MARKET SIZE & FORECAST
21 COMPETITIVE LANDSCAPE
21.1 COMPETITION OVERVIEW
22 KEY COMPANY PROFILES
22.1 KNORR-BREMSE
22.1.1 BUSINESS OVERVIEW
22.1.2 PRODUCT OFFERINGS
22.1.3 KEY STRATEGIES
22.1.4 KEY STRENGTHS
22.1.5 KEY OPPORTUNITIES
22.2 NANJING KANGNI MECHANICAL & ELECTRICAL
22.3 WABTEC
23 OTHER PROMINENT VENDORS
23.1 POLARTEKNIK OY
23.1.1 BUSINESS OVERVIEW
23.1.2 PRODUCT OFFERINGS
23.2 DOORSPEC
23.3 ALLEGION
23.4 EKE-ELECTRONICS
23.5 ELMESY
23.6 FUJI ELECTRIC
23.7 IGUS
23.8 IMFUYO
23.9 IMI NORGREN
23.10 KALSI AUTOMATIC DOOR SYSTEM
23.11 NABTESCO CORPORATION
23.12 SIEMENS
23.13 SCHALTBAU HOLDING AG
23.14 TAMWARE
23.15 PSI TECHNOLOGIES
24 REPORT SUMMARY
24.1 KEY TAKEAWAYS
24.2 STRATEGIC RECOMMENDATIONS
25 QUANTITATIVE SUMMARY
25.1 TYPE
25.2 SALES CHANNEL
25.3 MARKET BY GEOGRAPHY
25.4 EUROPE
25.4.1 TYPE
25.4.2 SALES CHANNEL
25.5 APAC
25.5.1 TYPE
25.5.2 SALES CHANNEL
25.6 NORTH AMERICA
25.6.1 TYPE
25.6.2 SALES CHANNEL
25.7 LATIN AMERICA
25.7.1 TYPE
25.7.2 SALES CHANNEL
25.8 MIDDLE EAST & AFRICA
25.8.1 TYPE
25.8.2 SALES CHANNEL
26 APPENDIX
26.1 ABBREVIATIONS
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