Global Railway Fleet Management Market 2024-2028

Global Railway Fleet Management Market 2024-2028


The railway fleet management market is forecasted to grow by USD 4.53 bn during 2023-2028, accelerating at a CAGR of 14.19% during the forecast period. The report on the railway fleet management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in the adoption of wireless technology in railway industry, growing need for operational competency, and technological advancements in railway fleet management.

Technavio's railway fleet management market is segmented as below:

By Communication Technology

GNSS

Cellular system

By Component

Software

Hardware

Services

By Geography

APAC

Europe

North America

Middle East and Africa

South America

This study identifies the growing adoption of cloud computing for streamlining fleet management operations as one of the prime reasons driving the railway fleet management market growth during the next few years. Also, emergence of digital twins for railway asset management and climate change and resulting need for sustainable, clean, and high-speed transport will lead to sizable demand in the market.

The report on the railway fleet management market covers the following areas:

Railway fleet management market sizing

Railway fleet management market forecast

Railway fleet management market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading railway fleet management market vendors that include AllTranstek L.L.C, CLX Logistics LLC, CRX SOFTWARE, Geotab Inc., GMV Innovating Solutions SL, HaslerRail AG, KLS Logistics Services Inc., Masternaut Ltd., Network Rail Consulting, ORBCOMM Inc., Railcar Tracking Co., Railnova SA, Ricardo Plc, Sultran Ltd., The Greenbrier Companies Inc., Trimble Inc., Verizon Communications Inc., VTG GmbH, Westinghouse Air Brake Technologies Corp., and Arcadis NV. Also, the railway fleet management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Communication Technology
      • Table Executive Summary – Chart on Market Segmentation by Component
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global railway fleet management market 2018 - 2022
      • Table Historic Market Size – Data table on global railway fleet management market 2018 – 2022 ($ million)
    • Communication Technology Segment Analysis 2018 - 2022
      • Table Historic Market Size – Communication Technology Segment 2018 - 2022 ($ million)
    • Component Segment Analysis 2018 - 2022
      • Table Historic Market Size – Component Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Communication Technology
    • Market segments
      • Table Chart on Communication Technology - Market share 2023-2028 (%)
      • Table Data Table on Communication Technology - Market share 2023-2028 (%)
    • Comparison by Communication Technology
      • Table Chart on Comparison by Communication Technology
      • Table Data Table on Comparison by Communication Technology
    • GNSS - Market size and forecast 2023-2028
      • Table Chart on GNSS - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on GNSS - Market size and forecast 2023-2028 ($ million)
      • Table Chart on GNSS - Year-over-year growth 2023-2028 (%)
      • Table Data Table on GNSS - Year-over-year growth 2023-2028 (%)
    • Cellular system - Market size and forecast 2023-2028
      • Table Chart on Cellular system - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Cellular system - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Cellular system - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Cellular system - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Communication Technology
      • Table Market opportunity by Communication Technology ($ million)
      • Table Data Table on Market opportunity by Communication Technology ($ million)
  • Market Segmentation by Component
    • Market segments
      • Table Chart on Component - Market share 2023-2028 (%)
      • Table Data Table on Component - Market share 2023-2028 (%)
    • Comparison by Component
      • Table Chart on Comparison by Component
      • Table Data Table on Comparison by Component
    • Software - Market size and forecast 2023-2028
      • Table Chart on Software - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Software - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Software - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Software - Year-over-year growth 2023-2028 (%)
    • Hardware - Market size and forecast 2023-2028
      • Table Chart on Hardware - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Hardware - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Hardware - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Hardware - Year-over-year growth 2023-2028 (%)
    • Services - Market size and forecast 2023-2028
      • Table Chart on Services - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Services - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Services - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Services - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Component
      • Table Market opportunity by Component ($ million)
      • Table Data Table on Market opportunity by Component ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • France - Market size and forecast 2023-2028
      • Table Chart on France - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on France - Market size and forecast 2023-2028 ($ million)
      • Table Chart on France - Year-over-year growth 2023-2028 (%)
      • Table Data Table on France - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Chart on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Chart on India - Year-over-year growth 2023-2028 (%)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growth in adoption of wireless technology in railway industry
      • Growing need for operational competency
      • Technological advancements in railway fleet management
    • Market challenges
      • Slow adoption rate among small fleet owners
      • High cost of fleet management
      • Cybersecurity threats
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Growing adoption of cloud computing for streamlining fleet management operations
      • Emergence of digital twins for railway asset management
      • Climate change and resulting need for sustainable, clean, and highspeed transport
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Arcadis NV
      • Table Arcadis NV - Overview
      • Table Arcadis NV - Business segments
      • Table Arcadis NV - Key offerings
      • Table Arcadis NV - Segment focus
    • CLX Logistics LLC
      • Table CLX Logistics LLC - Overview
      • Table CLX Logistics LLC - Product / Service
      • Table CLX Logistics LLC - Key offerings
    • CRX SOFTWARE
      • Table CRX SOFTWARE - Overview
      • Table CRX SOFTWARE - Product / Service
      • Table CRX SOFTWARE - Key offerings
    • GMV Innovating Solutions SL
      • Table GMV Innovating Solutions SL - Overview
      • Table GMV Innovating Solutions SL - Product / Service
      • Table GMV Innovating Solutions SL - Key offerings
    • KLS Logistics Services Inc.
      • Table KLS Logistics Services Inc. - Overview
      • Table KLS Logistics Services Inc. - Product / Service
      • Table KLS Logistics Services Inc. - Key offerings
    • Network Rail Consulting
      • Table Network Rail Consulting - Overview
      • Table Network Rail Consulting - Product / Service
      • Table Network Rail Consulting - Key offerings
    • ORBCOMM Inc.
      • Table ORBCOMM Inc. - Overview
      • Table ORBCOMM Inc. - Product / Service
      • Table ORBCOMM Inc. - Key offerings
    • Railcar Tracking Co.
      • Table Railcar Tracking Co. - Overview
      • Table Railcar Tracking Co. - Product / Service
      • Table Railcar Tracking Co. - Key offerings
    • Railnova SA
      • Table Railnova SA - Overview
      • Table Railnova SA - Product / Service
      • Table Railnova SA - Key offerings
    • Ricardo Plc
      • Table Ricardo Plc - Overview
      • Table Ricardo Plc - Business segments
      • Table Ricardo Plc - Key offerings
      • Table Ricardo Plc - Segment focus
    • Sultran Ltd.
      • Table Sultran Ltd. - Overview
      • Table Sultran Ltd. - Product / Service
      • Table Sultran Ltd. - Key offerings
    • The Greenbrier Companies Inc.
      • Table The Greenbrier Companies Inc. - Overview
      • Table The Greenbrier Companies Inc. - Business segments
      • Table The Greenbrier Companies Inc. - Key news
      • Table The Greenbrier Companies Inc. - Key offerings
      • Table The Greenbrier Companies Inc. - Segment focus
    • Trimble Inc.
      • Table Trimble Inc. - Overview
      • Table Trimble Inc. - Business segments
      • Table Trimble Inc. - Key offerings
      • Table Trimble Inc. - Segment focus
    • Verizon Communications Inc.
      • Table Verizon Communications Inc. - Overview
      • Table Verizon Communications Inc. - Business segments
      • Table Verizon Communications Inc. - Key offerings
      • Table Verizon Communications Inc. - Segment focus
    • VTG GmbH
      • Table VTG GmbH - Overview
      • Table VTG GmbH - Product / Service
      • Table VTG GmbH - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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