The latest market report published by Credence Research, Inc. “Global Railway Signalling Systems Market was valued at US$ 8.0 Bn in 2017 and is expected to grow at a CAGR of 10.5% over the forecast period from 2018 to 2026.
The Railway Signalling Systems Market Research Report Forecast 2018-2026 is an important source of insightful data for market strategists. It presents the Railway Signalling Systems industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Railway Signalling Systems Market study gives complete data which improves the understanding. [Continue reading…]
In 2017, communication based train control system accounted for the largest revenue share in the global railway signalling systems market. However, European Train Controlling System (ETCS) is steadily gaining popularity in the global market and is expected to witness the fastest growth throughout the forecast period. As of 2017, more than 20 countries across the world have deployed European Train Controlling System (ETCS) for their major railway networks in the country. Some major countries which are currently using this technology include Australia, Germany, France, United Kingdom, China and Italy among others. India has recently announced to deploy European Train Controlling System (level II) over 60,000 Km broad-gauge railway network in the country. This advanced signalling system will use wireless technology to continuously update controlling authority in loco cab.
Browse the full Railway Signalling Systems market – Growth, Future Prospects and Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/railway-signalling-systems-market
The qualitative study of drivers and limitations of Railway Signalling Systems Market
- Siemens AG
- Hitachi Ltd
- Alsthom SA
- China Railway Signal and Communication Co, Ltd
- Ansaldo STS
- Cisco Systems, Inc
- Bombardier Inc
- GE Transportation
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Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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