Railway Management System Market: Current Analysis and Forecast (2023-2030)

The railway management systems market is valued at USD 48 Billion in 2022 & is expected to grow at a CAGR of 9% from 2023-2030. A railway management system is a software-based solution designed to automate and streamline various processes involved in managing and operating a railway network. It helps railway authorities and operators efficiently manage train schedules, ticketing, reservations, track maintenance, inventory, passenger information, and other related activities. The system typically includes modules for train scheduling, ticketing, passenger information display, maintenance management, asset management, and reporting. It aims to improve railway services’ overall efficiency, safety, and quality by providing real-time data, automated processes, and decision-support tools for better management and decision-making. The demand for railway management systems is growing owing to the increasing railway infrastructure, rolling stock numbers, and rising number of commuters through this mode of transport.

Furthermore, rising development towards sustainability across the industry puts railways into the mainstream, where railways are amongst the most efficient and lowest emitting modes of transport and are electrified at large magnitude. For instance, in 2019, IEA (International Energy Agency) published a report according to which railways carry around 8% of the world’s passenger movements and about 7% of freight movement. Yet, it accounts for only 2% of the total energy used by the transport industry. Moreover, if all the operations currently carried out by railways are shifted toward road vehicles will lead to a 15% rise in total oil consumption and 1.2 Gigatonnes of additional GHG emissions.

Some of the major players operating in the market include Siemens Mobility; Cisco Systems, Inc.; Alstom; Hitachi, Ltd.; Wabtec Corporation.; ABB; IBM; indra; Honeywell International Inc; and Fujitsu.

Insights Presented in the Report

“Amongst offerings, the solutions and services both are anticipated to witness a significant CAGR growth during the forecast period.”

Based on offerings, the market is bifurcated into solutions and services. Both solutions and services are anticipated to witness a strong pace of growth as both are an integral part in order to keep the system operational and working in tandem. Where in solutions companies provide innovative and energy-efficient technologies to the rail sector, it’s manufacturing, and servicing of all components and subsystems in intercity, urban and high-speed networks for rail infrastructure and rolling stock. Furthermore, solutions such as electrification solutions, ventilation solutions, traction systems and products for rolling stocks, etc are also high in demand. Whereas, services such as IT and telecom services and facility management services are also very integral for operational efficiency, and connectivity, and for enhancing the overall convenience of the passengers, and hence play a primary role in keeping the system operational and reliable.

“Amongst component, the passenger information system is anticipated to grow at a strong CAGR in the market during the forecasted period.”

Based on components, the market is segmented into rail operation management system, rail traffic management system, rail asset management systems, rail control system, rail maintenance management system, passenger information system, and rail security. The passenger information system is the most widely used railways management system and is anticipated to grow at a significant CAGR. The notable things that are driving this growth are, PIS is the forefront interface between the passenger and the railways and helps enhance the passenger experience by providing real-time information to passengers regarding train schedules, delays, platform numbers, and connectivity. This helps passengers plan their journeys more efficiently, reducing frustration and confusion. Accessible and accurate information leads to an improved overall passenger experience. Furthermore, PIS enables effective crowd management by providing detailed information about train occupancy and the availability of seats. This helps railway operators optimize resources, distribute passengers evenly across trains, and reduce overcrowding. Additionally, PIS can also contribute to revenue generation by offering targeted advertising opportunities. With access to passenger data and preferences, railways can display relevant advertisements, promotions, or service offerings, allowing them to monetize their digital platforms effectively.

Railway Management System Market Report Coverage

“Asia Pacific dominated the railway management systems market in 2022.”

The Asia Pacific region holds the majority of the market share and is also poised to witness significant growth in the CAGR terms during the forecasted period. For instance, as of 2019 as per IEA (International Energy Agency), almost 90% of global passenger movements on conventional railways take place in these countries and regions, with India being the leader at 39%, followed by the People’s Republic of China (27%), Japan (11%) and the European Union (9%). Furthermore, these countries are also investing significantly in high-speed rail and metros with the highest investments being overtaken by China which has surpassed all other countries in terms of network length within a single decade timeframe. For instance, as of 2019 as per the IEA, China accounts for about two-thirds of high-speed rail activity having overtaken both Japan (17%) and the European Union (12%). Moreover, with the population on the rise this growth in population will not be evenly spread, and the majority of the increase will happen in major cities, posing a challenge as cities can’t continue to grow in geographic size forever, and larger more populous, and more dense cities along with increasing vehicle ownership, will pose a significant challenge for quick, convenient, and affordable transportation as congestions will increase. Furthermore, with growing GDP there will likely be a huge growth in freights as well. And to manage these challenges countries in these regions have to significantly increase their rail infrastructure, as its an efficient, environmentally, and socially beneficial mode of transport with lower emissions and safer to travel can help reduce congestion in the cities. Additionally, the answer to all these problems is high-speed rails which provide a high-quality substitute for short-distance flight travel and also are reliable, affordable, and fast alternatives to road travel as well as enable high-capacity goods movement over long distances. All these factors are aligning in the direction, which is building a perfect case for the next leg of growth in the railways industry which in turn will drive the growth of the railway management system during the forecasted period.

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• The study comprehensively covers the market across different segments.


• Deep dive regional level analysis of the industry.

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