Railway System Market by Product Type, Distribution Channel, End User 2024-2032
                     Global Railway System 
Market Research and 
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
About IMARC Group
In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Accord ing  to  t he  la tes t  repo r t  by  I MARC Group,  t i t l ed  "Rai lway System Market :  
G loba l  I ndust ry  T rends ,  Share ,  S ize ,  Grow th ,  Opportun i ty  and  Forecast  2024-
2032, "  t he  g loba l  ra i lway  sys tem marke t  s i ze  reached US$  28 . 4  B i l l i on  in  2023 .
The  ra i lway  sys tem re fe rs  t o  a  commerc ia l  o rgan iza t i on  t ha t  i s  r espons ib le  fo r  
Report manag ing  and opera t ing  va r i ous  se rv ices  re la ted  to  t he  movem ent  o f  t ra ins  fo r  t r anspor t i ng  f r e i gh t  and  passengers  f r om one  p lace  t o  ano the r .  Recen t  
advancement s  have  im pe l led  the  u t i l i za t ion  o f  advanced serv ices  and  too l s  f o r  
Highlight and improv ing  the  ove ra l l  r a i lway  in f r as t ruc t u re ,  such  as  opera t ion  management ,  
t r a f f i c  p lann ing ,  power  supp ly  and  i n f r as t ruc t u re  management ,  s ta t ion  con t ro l  and  
Description communica t ion  ne t work ,  and  ra i l - f ac i l i t y  i n fo rma t ion  managem ent .  The  demand fo r  an  e f f i c ien t  ra i lway  sys tem  is  inc reas ing  ac ross  t he  g lobe  due  to  
the  r i s ing  need  f o r  a  re l iab le  and  conven ien t  mode  o f  t ranspor ta t i on  among 
ind i v idua ls .
Request  fo r  a  PDF sample  o f  th is  repor t :  
ht tps : / / www. imarcgroup .com/ ra i lway-sys t em-marke t / r eques tsamp le
Report Description
G lo b a l  R a i lw a y  S y s t e m  Ma r k e t  T r e n d s :
T h e  g l o b a l  m a r k e t  i s  p r i m a r i l y  d r i v e n  b y  s i g n i f i c a n t  g r o w t h  i n  t h e  r a i l w a y  i n d u s t r y .  C o u p l e d  w i t h  s i g n i f i c a n t  d e m a n d  f o r  c o s t -
e f f i c i e n t  t r a n s p o r t a t i o n  s o l u t i o n s  a m o n g  t h e  m a s s e s ,  t h i s  i s  c r e a t i n g  a  p o s i t i v e  ma r k e t  o u t l o o k .  B e s i d e s  t h i s ,  t h e  r a i l w a y  t r a n s p o r t  
s y s t e m  i s  c a p a b l e  o f  c a r r y i n g  a  l a r g e  n u m b e r  o f  c a r g o  a n d  p a s s e n g e r s  a t  t h e  s a m e  t i m e ,  t h u s  m a k i n g  i t  a n  e f f i c i e n t  m e d i u m  f o r  
c o n t r o l l i n g  p o l l u t i o n  l e v e l s  a c r o s s  t h e  g l o b e .  T h i s  h a s  e n c o u r a g e d  g o v e r n i n g  b o d i e s  a n d  p r i v a t e  f i r m s  o f  m u l t i p l e  c o u n t r i e s  t o  
h e a v i l y  i n v e s t  i n  i mp r o v i n g  t h e  e x i s t i n g  r a i l w a y  i n f r a s t r u c tu r e .  
M o r e o v e r ,  c o n t i n u a l  t e c h n o l o g i c a l  a d v a n c e m e n ts  a n d  t h e  i n t e g r a t i o n  o f  i n t e l l i g e n t  s e n s o r s  a n d  b i g  d a ta  w i t h  r a i l w a y  s y s te ms  i n  
o r d e r  t o  i m p r o v e  i t s  o p e r a t i o n a l  e f f i c i e n c y  w h i l e  d e l i v e r i n g  e n h a n c e d  r a i l  s o l u t i o n s  t o  c o n s u m e r s  a r e  a c t i n g  a s  m a j o r  g r o w t h -
i n d u c i n g  f a c to r s .  F u r t h e r m o r e ,  t h e  r i s i n g  i n d u s t r i a l  a n d  m i n i n g  a c t i v i t i e s  a c r o s s  d e v e l o p i n g  e c o n o m i e s  i s  a l s o  p o s i t i v e l y  
i n f l u e n c i n g  t h e  m a r k e t .  O t h e r  f a c to r s ,  i n c l u d i n g  r a p i d  i n d u s t r i a l i z a t i o n ,  t h e  g r o w i n g  n e e d  f o r  u r b a n  c o n n e c t i v i t y ,  t h e  i n c r e a s i n g  
t r a f f i c  c o n g e s t i o n  a n d  r a p i d  c h a n g e s  i n  t h e  s t o c k  m a n u fa c t u r i n g  i n d u s t r y ,  a r e  f a v o r a b l y  i m p a c t i n g  t h e  m a r k e t  g r o w t h .
L o o k in g  f o r w a r d ,  t h e  m a r k e t  i s  a n t i c ip a t e d  t o  r e a c h  a  v a l u e  o f  U S $  4 1 .2  B i l l i o n  b y  2 0 3 2 ,  e x h i b i t i n g  a  C A G R  o f  4 . 1 %  d u r in g  
2 0 2 4 - 2 0 3 2 .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / r a i lw a y - s y s t e m - m a r k e t
Breakup by Transit Type:
• Convent ional
o Diesel Locomotive
o Electr ic Locomotive
o Electro -Diesel Locomotive
o Coaches
• Rapid
Report 
o Diesel Mult iple Unit  (DMU)
Segmentation o Electr ic Mult iple Unit  (EMU)
o Light Rai l /Tram
 
Breakup by System Type:
• Auxi l iary Power System
• Train Information System
• Propulsion System
• Train Safety System
• HVAC System
• On-Board Vehicle Control
Breakup by Application:
• Freight Transportat ion
• Passenger Transportat ion
Report 
Segmentation Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• ABB Ltd .
• Alstom
• American Equipment  Company
• Bombardier  Inc .
• Calamp Corporat ion
• Construcc iones y  Aux i l iar  de Ferrocarr i les
Competitive • CRRC Corporat ion L td .
Landscape • Fu j i  E lectr ic
• Genera l  E lectr ic  Company
with Key • Hitachi  L td.
•
Players Hyundai  Rotem Company
• Ingeteam Power Technology
• Medcom
• Mitsubish i  Heavy Industr ies  L td.
• Siemens  Akt iengesel l schaft  
• Škoda Transportat ion
• Strukton Groep N.V.
What was the size of the global railway system market 
in 2023?
What is the expected growth rate of the global railway 
system market during 2024-2032?
What are the key factors driving the global railway 
system market?
Key 
What has been the impact of COVID-19 on the global 
Questions railway system market?
Answered in What is the breakup of the global railway system market based on the transit type?
the Report What is the breakup of the global railway system market based on the system type?
What is the breakup of the global railway system 
market based on the application?
What are the key regions in the global railway system 
market?
Who are the key players/companies in the global railway 
system market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s
5     G l o b a l  R a i l w a y  S y s t e m  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  T r a n s i t  T y p e
    6 . 1     C o n v e n t i o n a l
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a j o r  T y p e s
           6 . 1 . 2 . 1  D i e s e l  L o c o m o t i v e
           6 . 1 . 2 . 2  E l e c t r i c  L o c o m o t i v e
           6 . 1 . 2 . 3  E l e c t r o - D i e s e l  L o c o m o t i v e
           6 . 1 . 2 . 4  C o a c h e s
        6 . 1 . 3  M a r k e t  F o r e c a s t
       
    6 . 2     R a p i d
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a j o r  T y p e s
           6 . 2 . 2 . 1  D i e s e l  M u l t i p l e  U n i t  ( D M U )
           6 . 2 . 2 . 2  E l e c t r i c  M u l t i p l e  U n i t  ( E M U )
           6 . 2 . 2 . 3  L i g h t  R a i l /  T r a m
        6 . 2 . 3  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  S y s t e m  T y p e
    7 . 1     A u x i l i a r y  P o w e r  S y s t e m
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
Table of     7 . 2     T r a i n  I n f o r m a t i o n  S y s t e m        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     P r o p u l s i o n  S y s t e m
Contents         7 . 3 . 1  M a r k e t  T r e n d s        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     T r a i n  S a f e t y  S y s t e m
        7 . 4 . 1  M a r k e t  T r e n d s
        7 . 4 . 2  M a r k e t  F o r e c a s t
    7 . 5     H V A C  S y s t e m
        7 . 5 . 1  M a r k e t  T r e n d s
        7 . 5 . 2  M a r k e t  F o r e c a s t
    7 . 6     O n - B o a r d  V e h i c l e  C o n t r o l
        7 . 6 . 1  M a r k e t  T r e n d s
        7 . 6 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    8 . 1     F r e i g h t  T r a n s p o r t a t i o n
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / r a i lw a y- s y s t e m - m a r ke t / t o c
Disclaimer
© 2023  IMARC Al l  R ights  Reserved 
Th is  Pub l i ca t ion  and  a l l  i t ’ s  con ten ts  un less  o therw ise  men t i oned  a re  copy r i gh ted  in  the  name o f  
I n t e rna t i ona l  Marke t  Ana lys i s  Research  and  Consu l t ing  ( IMARC) .  No  pa r t  o f  t h i s  pub l i ca t ion  may  be  
rep roduced ,  repackaged ,  red i s t r i bu ted  o r  res o ld  i n  who le  o r  i n  any  pa r t .  The  pub l i ca t ion  may  a l so  
no t  be  used  i n  any  f o rm o r  by  and means  g raph i c  e lec t ron ic  o r  mechan ic a l ,  i nc lud ing  pho tocopy ing ,  
reco rd ing ,  t ap ing  o r  by  i n fo rmat i on  s to rage  o r  re t r ieva l ,  o r  by  any  o the r  f o rm,  w i t hou t  the  exp ress  
c ons en t  o f  I n t e rna t iona l  Marke t  Ana lys i s  Research  and  Consu l t i ng  ( IMARC) .
Disc la imer :  Al l  con ten ts  and  da ta  o f  t h i s  pub l i c a t i on ,  i nc lud ing  fo recas t s ,  da ta  ana lys i s  and  op in ion  
have  been  based  on  in f o rmat ion  and  sources  be l ieved  to  be  accu ra te  and  re l iab le  a t  t he  t ime  o f  
pub l i sh ing .  In t e rna t i ona l  Ma rke t  Ana l ys is  Research  and  Consu l t ing  makes  no  rep resen ta t ion  o f  
war ran t y  o f  any  k ind  as  to  t he  acc u racy  o r  comp le teness  o f  any  I n fo rmat i on  p rov ided .  IMARC 
accep ts  no  l i ab i l i t y  wha tsoever  f o r  any  los s  o r  damage  resu l t i ng  f rom op in ion ,  e r ro rs  o r  
i naccu rac ies  i f  any  f ound  th is  pub l i ca t ion .
IMARC,  IMARC Group  and  G loba l  Therapy  I ns igh t  Ser i es  a re  reg is t e red  t rademarks  o f  I n te rna t iona l  
Marke t  Ana lys i s  Research  and  Consu l t ing .  A l l  o the r  t rademarks  used  i n  th i s  pub l i ca t i on  a re  
reg i s te red  t rademarks  o f  t he i r  r espec t i ve  compan ies .
Contact Us
Visit us at :
https://www.imarcgroup.com
TELEPHONE: +1-631-791-1145 
E-MAIL: [email protected]