Railway Management System Market Share

Statistics for the 2023 & 2024 Railway Management System market share, created by Mordor Intelligence™ Industry Reports. Railway Management System share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Railway Management System Industry

The railway management system market is moderately fragmented. Players in the market adopt strategies like innovations in their product, strategic partnerships, mergers, and acquisitions, and others to expand their market share. Some of the key developments in the area are:

  • In November 2019, Alstom SA signed a second ten-year maintenance contract for ETCS equipment belonging to SBB, the Swiss national railway company. This contract extension is aimed to ensure the availability of spare parts and the large SBB fleet for the smooth operation of rail traffic in Switzerland.
  • In April 2019, IBM partnered with Sund & Bælt, which owns and operates some of the largest infrastructures. This collaboration can assist in IBM's development of an AI-powered IoT solution designed to help prolong the lifespan of aging bridges, tunnels, highways, and railways.

Railway Management System Market Leaders

  1. General Electric Company

  2. ABB limited

  3. Alstom SA

  4. Cisco Systems Inc.

  5. IBM Corporation

*Disclaimer: Major Players sorted in no particular order

Railway Management System Market Concentration

Railway Management System Market Report Snapshots

Railway Management System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)