London, UK (PRWEB) January 07, 2014
Tens of billions of people and billions of tons of freight are transported annually in the world. At present, fast but also safe and reliable rail services represent one of the primary concerns for many countries worldwide. Aging railway systems as well as the lack of reliability and operational efficiency are the major factors that are bringing changes in the current railway infrastructure. The overall rail industry is struggling to meet the constantly growing demand for passengers and freight transportation due to the inefficient use of rail assets and the lack of optimized use of the existing rail network.
Railway transportation is anticipated to become the preferred transportation model worldwide, supported by such factors as regulatory compliance, intermodal operations, compliance, etc. Passenger comfort, operational efficiency and safety features are likely to be enhanced in the offing by way of the introduction of smart railway solutions, such as smart ticketing system, PIS, rail operations management system, fight information system, advance security monitoring system, rail analytics system, amid others. The global smart railways market is poised to surpass the USD 39.2 billion mark by 2018.
Insightful research report “Smart Railways Market (Passenger Information Systems, Freight Information Systems, Rail Traffic Management, Operations Management, Security Monitoring, Communications, Ticketing, Rail Analytics): Worldwide Market Forecasts and Analysis (2013 - 2018)” worked out by MarketsandMarkets has been recently published by Market Publishers Ltd.
Title: Smart Railways Market [Passenger Information Systems, Freight Information Systems, Rail Traffic Management, Operations Management, Security Monitoring, Communications, Ticketing, Rail Analytics]: Worldwide Market Forecasts and Analysis (2013 - 2018)
Published: December, 2013
Price: US$ 4,650.00
The study provides an all-round overview of the global smart railways market performance alongside an insightful summary of the future market trends. It presents a careful examination of the key market growth stimulators and limiters, an evaluation of the investment climate, and contains a comprehensive assessment of different approaches used in the key geographical markets. The report offers a detailed market segmentation analysis, uncovers important historical and present industry estimates, reviews the current and proposed projects, characterizes the world technology adoption trends, describes the future growth potential, includes an extensive competitive outlook and discloses data on the dominant market participants. The research study grants access to the best practices in the market, as well as unveils the market’s future prospects through to 2018.
More insightful research reports by the publisher can be found at MarketsandMarkets page.