Siemens, Hitachi, Wabtec, and More Lead the Rail Asset Management Market, Poised to Reach $14.11 Billion by 2027

DUBLIN, Aug. 10, 2023 /PRNewswire/ -- The "Rail Asset Management Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

The global rail asset management market grew from $10.51 billion in 2022 to $11.17 billion in 2023, at a compound annual growth rate (CAGR) of 6.2%. The market is expected to grow to $14.11 billion in 2027, at a CAGR of 6.0%.

Major players in the rail asset management market covered in the report include Siemens, Hitachi, Wabtec, DXC Technology, L&T Technology Services, SAP, Capgemini, Cisco, Accenture, Atkins, Trimble Inc., WSP, Tego, KONUX, Oxplus, Bentley Systems, Trapeze Group, Uptake, Huawei, Cyient, Assetic, Machines With Vision, and ZEDAS, SNC-Lavalin, and Bombardier.

Reasons to Purchase:

• Gain a truly global perspective with comprehensive coverage of 50+ geographies.
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• Assess the influence of the Russia - Ukraine war on agriculture, energy, mineral commodity supply, and the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country-specific strategies based on local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and market trends.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
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Rail asset management includes solutions for improving rail asset management, such as design, construction, operations, maintenance & support, traffic planning, infrastructure management, communication network, station control, and rail-facility information management. These solutions enable timely monitoring and efficient scheduling of assets with reduced downtime.

The main types in rail asset management solutions are asset performance management, analytics, asset planning and scheduling, security, workforce management, and others. These solutions are offered through professional services and managed services and deployed through cloud and on-premise locations. Rail asset management solutions can be applied in areas such as rolling stock and infrastructure.

The companies operating in the rail asset management market are increasingly undergoing strategic partnerships and collaboration to improve their financial position, strengthen their product portfolio, and expand their global presence.

Europe was the largest region in the rail asset management market in 2022, and Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rail asset management (DAM) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the rail asset management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Rising investments in rail infrastructure and digitalization projects worldwide contribute to the demand for the rail asset management market.

Key Topics Covered:

1. Executive Summary

2. Rail Asset Management Market Characteristics

3. Rail Asset Management Market Trends And Strategies

4. Rail Asset Management Market - Macro Economic Scenario
4.1 COVID-19 Impact On Rail Asset Management Market
4.2 Ukraine-Russia War Impact On Rail Asset Management Market
4.3 Impact Of High Inflation On Rail Asset Management Market

5. Rail Asset Management Market Size And Growth
5.1. Global Rail Asset Management Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Rail Asset Management Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Rail Asset Management Market Segmentation
6.1. Global Rail Asset Management Market, Segmentation By Solution, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

• Asset Performance Management
• Analytics
• Asset Planning & Scheduling
• Security
• Workforce Management
• Other Solutions

6.2. Global Rail Asset Management Market, Segmentation By Services, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

• Professional Services
• Managed Services

6.3. Global Rail Asset Management Market, Segmentation By Deployment Mode, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

• Cloud
• On-premises

6.4. Global Rail Asset Management Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

• Rolling Stock
• Infrastructure

7. Rail Asset Management Market Regional And Country Analysis
7.1. Global Rail Asset Management Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Rail Asset Management Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/vgm6b

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