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Train Dispatching Market Share

Report ID: GMI5805
Published Date: May 2023
Report Format: PDF

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Train Dispatching Market Share

Some of the major players operating in the train dispatching industry are

Hitachi Rail Ltd.
Siemens AG
Motorola Solutions Inc.
Alstom SA
Wabtec Corporation
Thales Group
Hexagon AB
Tracsis PLC
Mitsubishi Heavy Industries Ltd.
Toshiba

These players focus on strategic partnerships and new product launches & advertisements for market expansion. Furthermore, these players are heavily investing in research, allowing them to introduce innovative train dispatching systems and garner maximum revenue in the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of train dispatching reached USD 949.3 million in 2022 and will showcase 8% CAGR of from 2023-2032 owing to the growing need for dedicated freight railroads along with real-time data analysis on train position, motion, and status.

Train dispatching industry share from the solutions segment reached over USD 750 million in 2022 and will significantly grow till 2032 due to rising adoption of touch-screen monitors, multi-color displays, computer icons, and detailed & accurate information.

Train dispatching industry size from the on-premises deployment model segment is estimated to witness 6% growth till 2032 on account of benefits, such as low cost and backup & recovery capabilities.

North America accounted for over 40% of the train dispatching industry share in 2022 due to the early adoption of technologies and globalization of shared services.

Hitachi Rail Ltd., Siemens AG, Motorola Solutions Inc., Alstom SA, Wabtec Corporation, Thales Group, Hexagon AB, Tracsis PLC, Mitsubishi Heavy Industries Ltd., and Toshiba.