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Multimodal Transportation in Railway Management System Market Share

Report ID: GMI11869
Published Date: Oct 2024
Report Format: PDF

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Multimodal Transportation in Railway Management System Market Share

Multimodal Transportation in Railway Management Company Market, 2023

Alstom, Cisco Systems, Inc., and ABB Group collectively held a substantial market share of over 15% in the multimodal transportation in railway management system industry in 2023. Alstom promotes integrated transport systems, combining rail, road, and metro for seamless mobility. Their technology enhances multimodal transport management, improving urban mobility networks. Solutions like Mastria optimizes operations across various urban transport modes.

Cisco offers IoT-based rail solutions for connected transportation systems. The Cisco Connected Rail platform provides railway operators with real-time data insights, enhancing safety and operational efficiency. Integrating Cisco’s Industrial IoT solutions connects trains, stations, and passengers, optimizing service.

ABB leads in railway electrification, providing traction systems, substations, and energy storage solutions. Their technology improves energy efficiency and reduces carbon emissions in rail transport. ABB’s focus on smart grids and energy management supports the global shift towards sustainable and energy-efficient rail systems.

Multimodal Transportation in Railway Management System Market Companies

Major players operating in the multimodal transportation in railway management system industry are:

ABB Group
Alstom
Amadeus IT Group
BNSF Railway Company
Bombardier
CAF (Construcciones y Auxiliar de Ferrocarriles)
Cisco Systems Inc.
General Electric
Hitachi
Toshiba

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of multimodal transportation in railway management system reached USD 6.3 billion in 2023 and is projected to grow at a 9% CAGR from 2024 to 2032, driven by the demand for seamless, convenient, and flexible transportation options.

The cloud-based segment is projected to exceed USD 9 billion by 2032, led by the integration of extensive data from various sources essential for multimodal transportation systems.

Germany accounted for over 25% of the revenue share in 2023, supported by the

Major players include ABB Group, Alstom, Amadeus IT Group, BNSF Railway Company, Bombardier, CAF, Cisco Systems Inc., General Electric, Hitachi, and Toshiba.