Worldwide Smart Railways Systems Market 2016 Trend, Analysis and Overview
(I-BusinessNews.Com, November 09, 2016 ) Traffic congestion on roadways and airways has increased the demand for railway transport. It is more feasible and convenient for passengers to travel by train than any other mode of transportation as it can provide faster services at a reasonable price. Moreover, railways are considered as a faster and safer option compared with roadways. The increase in demand for railway transport has made it mandatory for railway operators to make their systems more advanced and automated. A smart railway system comprises solutions, devices and components, and services that automate and optimize the use of railway infrastructure to carry out advanced functions.
Publisher's analysts forecast the global smart railways systems market to grow at a CAGR of 27.34% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/Global-Smart-Railways-Systems-Market-2016-2020 Covered in this report The report covers the present scenario and the growth prospects of the global smart railways systems market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors operating in the market.
The market is divided into the following segments based on geography: - APAC - Europe - North America - ROW
Publisher's report, Global Smart Railways Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Alstom - Bombardier - Cisco System - General Electric - Hitachi - IBM
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