New ARC Advisory Group research on the Rail Signaling and Train Control Systems market reveals that digitalized mobility solutions help operators improve train punctuality and reliability, and passenger experience. Information in mobility plays an important role in the lifecycle of assets and optimization for asset performance. The digital asset complements and co-exists with the physical asset to accumulate information in a feedback loop.
“The rail signaling industry is witnessing investment as it is the first step to running a safe, efficient railway line. The primary activities of this industry are supplying integrated control systems, railway signals and interlocks, point machines, axle counter systems, and other signaling equipment. Signaling systems control the movement of a train by remotely adjusting train speed and braking. Wireless train-to-ground signaling is becoming more widely used in both railroad and metro systems,” according to Muhammad Wasay Rashid, Analyst at ARC Advisory Group and key author of ARC’s Rail Signaling and Train Control Systems Global Market Research report.
“However, digitalization comes with a price - a high risk of data breaches and cyber-attacks. Data security needs to be ensured by the right measures. Cyber-attacks can change rail behavior by altering speed limits for high-speed trains or traffic signals, leading to a derailment or collision. Therefore, digitalization in rail must be bundled with security solutions,” added Rashid.
About the Rail Signaling and Train Control Systems Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the rail signaling and train control systems market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by revenue category, systems, services, mode of operation, and standards.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) - personalized spreadsheet includes one year of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
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