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Global Smart Railways Market Will hit at a CAGR of 22.3% from 2015 to 2025 Business Articles | February 1, 2016

Future Market Insights has announced the addition of the “Smart Railways Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025" report to their offering.



According to a new market report published by Future Market Insights, titled “Smart Railways Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025 DeAndre Jordan USA Jersey ,” the global smart railways market was valued at US$ 17.6 Bn in 2014 and is expected to register a CAGR of 22.3% from 2015 to 2025. Growth of the smart railways market is primarily driven by increasing government support in railways. Furthermore, growing urbanisation & population worldwide and increasing safety and security concerns among travellers are the key growth drivers for the smart railways market.


Smart railway includes smart railway systems that are instrumented and interconnected. It comprises devices & components, solutions and services that help the rail companies to collect new information needed to monitor all railway related operations more closely and accurately. ??


The global smart railways market is segmented on the basis of offering type and region. On the basis of offering type, the market is segmented into devices & components David Robinson USA Jersey , services and solutions. Each of this segment is further divided into different sub-segments. Among these segments, solutions is the most dominant segment in the market currently. The growth of this segment is driven by introduction of metro and high speed rail projects, smart cities, and smart transportation across the globe. For example Clyde Drexler USA Jersey , In November 2014, China government awarded a contract to the newly formed joint venture between Nanjing Puzhen Co. Ltd and Bombardier Inc. for developing and manufacturing monorail and Automated People Mover (APM) in China only. Detailed analysis of each segment and sub-segment is provided in the report to understand the market accurately.


Browse the full "Smart Railways Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025" market research report at?

This report also covers trends driving each market segment and offers analysis and insights on the potential of the smart railways market across key regions, namely North America, Latin America Christian Laettner USA Jersey , Western Europe, Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa. Furthermore Chris Paul USA Jersey , the market is sub-segmented on the basis of the major countries in each region in order to provide a better regional analysis of the global smart railways market. Western Europe was the largest market for smart railways in 2014, wherein it was valued at US$ 5.1 Bn. The market in the region is expected to be driven by the rise in government rules and regulations mandating the installation of the European Railway Traffic Management System (ERTMS) and other security solutions in every metro . Wholesale Jerseys From China Wholesale Adidas NHL Jerseys Wholesale NCAA Jerseys Wholesale Jerseys China Wholesale Jerseys Cheap Wholesale Jerseys Online Wholesale Jerseys Wholesale MLB Jerseys Wholesale Soccer Jerseys Cheap Wholesale NHL Hockey Jerseys