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Some of the major players operating in the train dispatching industry are
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.
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.
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.
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.
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.
Hitachi Rail Ltd., Siemens AG, Motorola Solutions Inc., Alstom SA, Wabtec Corporation, Thales Group, Hexagon AB, Tracsis PLC, Mitsubishi Heavy Industries Ltd., and Toshiba.