Global Intelligent Railway Transport System (IRTS) Market Trends, Business Overview, Industry Growth and Forecast to 2028

The intelligent railway transport system facilitates the use of information technology for managing the services provided by the railways. The railway relies on the radio network and the GPS system for effective implementation of intelligent transport system. The intelligent railway transport system market is majorly driven by its ability of providing high security for the passengers and the high service quality to the customers. The market will also grow with the increase in adoptions of internet of things technology in the railway system. The increasing trend of internet services is contributing in the growth of intelligent railway transport system market. 

Key Players

• ABB
• Indra Sistemas
• Alstom
• Alcatel-Lucent
• Bombardier
• Hitachi
• Cisco
• Siemens
• International Business Machines
• General Electric
• Ansaldo Signalling and Transportation Systems

Market segment by Regions/Countries

• North America
• Europe
• China
• Rest of Asia Pacific
• Central & South America
• Middle East & Africa

Market segment by Type

• Rail Sensors
• Smart Cards
• Video Surveillance Cameras

Market segment by Application

• Passenger Information System (PIS)
• Advanced Security Management System’

Scope of the Report

The research study analyses the global  Global Intelligent Railway Transport System (IRTS) Market  industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Geographic Coverage 

• o North America Market Size and/or Volume
• o Latin America Market Size and/or Volume
• o Europe Market Size and/or Volume
• o Asia-Pacific Market Size and/or Volume
• o Rest of the world Market Size and/or Volume

1. What was the  Global Intelligent Railway Transport System (IRTS) Market  size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Automotive Ambient Lighting Market during the forecast period (2022-2028)?

3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).

4. Which manufacturer/vendor/players in the  Global Intelligent Railway Transport System (IRTS) Market  was the market leader in 2020?

5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.