Rail Entrance Systems Market Flourishing as Railways Embrace Upgraded Infrastructure, the Market is Predicted to Worth $1.89 Billion by 2028 - Arizton

PR Newswire
Tuesday, May 30, 2023 at 5:55pm UTC

Rail Entrance Systems Market Flourishing as Railways Embrace Upgraded Infrastructure, the Market is Predicted to Worth $1.89 Billion by 2028 - Arizton

PR Newswire

CHICAGO, May 30, 2023 /PRNewswire/ -- According to Arizton's latest research report, the rail entrance systems market will grow at a CAGR of 4.87% during 2022-2028.

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Browse In-Depth TOC of the Rail Entrance Systems Market      

77 - Tables       
66 - Charts 
209 – Pages     

According to the World Bank Group, railways are recognized as a climate-smart and efficient mode of transportation for both people and freight. They offer a means to promote economic growth while minimizing greenhouse gas emissions. Leveraging its expertise and extensive experience, the World Bank Group actively engages in the restructuring and oversight of railways worldwide. It conducts comprehensive research and analysis on railway systems in more than 20 countries across Asia, Africa, Eastern Europe, and the Middle East.

The World Bank Group demonstrates its commitment by supporting 16 investment projects totaling $6.9 billion in the railway sector. This financial assistance aims to facilitate the modernization and improvement of railway infrastructure. As a result, outdated assets are replaced with new ones and advanced systems with enhanced safety features and monitoring capabilities are introduced. Such endeavors provide manufacturers in the rail entrance systems market opportunities as customers involved in upgrading and modernization initiatives seek to install more sophisticated entrance systems.

This increased focus on infrastructure upgradation and modernization is a significant driver for the rail entrance systems market. The growing utilization of railways and customers' rising expectations for improved services have generated demand for new infrastructure investments. This, in turn, fuels the need for advanced entrance systems. Investments in modernization efforts are expected to drive further demand for rolling stock and its components, including train seating, control systems solutions, and doors. As a result, the global rail entrance systems market is poised for growth in the coming years.

In conclusion, the World Bank Group's active involvement in the rail sector and ongoing infrastructure upgradation and modernization initiatives propel the development of the rail entrance systems market. Investments and improvements in railway systems globally create opportunities for manufacturers, who are increasingly sought after to provide advanced entrance solutions to meet customers' evolving needs.

Rail Entrance Systems Market Report Scope

Report Attributes

Details

Market Size (2028)

USD 1.89 Billion

Market Size (2022)

USD 1.42 Billion

CAGR (2022-2028)

4.87 %

Base Year

2022

Forecast Year

2023-2028

Market Segmentation

Type, Sales Channel, and Geography

Geographic Analysis

North America, Europe, APAC, Latin America, and Middle East & Africa

Countries Covered

Germany, France, the UK, Russia, Italy, Spain, Poland, China, Japan, India, South Korea, Australia, the US, Canada, Brazil, Mexico, Argentina, the GCC, and South Africa

Market Dynamics

  • Stringent Government Regulations
  • Increasing Popularity of Rail Transport
  • Growth in Rail Rolling Stock

 

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Rising Use of Automation & IoT in Railways Boosting the Market Growth

The rapid Internet of Things (IoT) adoption has yielded substantial benefits across multiple industries, including the railway sector. IoT-driven solutions have emerged as pivotal contributors to enhancing safety and improving the reliability of services within railways. Among the various areas where IoT-based solutions demonstrate significant potential, the automation of rail door systems stands out, enabling seamless transitions between automatic and manual door operations. By harnessing the capabilities of IoT technology, the reliability and safety of train doors can be closely monitored and effectively enhanced. A deeper exploration of IoT-based solutions in this domain holds the promise of greatly improving rail transportation's overall reliability and safety.

The IoT has revolutionized the railway industry by facilitating the interconnectivity of devices, sensors, and systems, enabling the collection and analysis of real-time data. This wealth of information empowers railway operators to monitor and manage train operations more efficiently, enhancing safety measures and improving service reliability. In the specific context of rail door systems, IoT-based solutions enable seamless automation, ensuring the timely opening and closing of doors while providing real-time feedback on their performance.

Rail operators can monitor critical parameters such as door status, motion, and alignment by deploying IoT-enabled sensors and devices. This continuous monitoring facilitates proactive maintenance and troubleshooting, enabling timely interventions to address potential issues before they escalate. Additionally, IoT-driven solutions provide real-time alerts and notifications to passengers and operators, ensuring prompt responses to any anomalies or emergencies related to the functioning of rail doors. These capabilities significantly contribute to the overall safety and reliability of rail transportation.

Moreover, IoT-based automation of rail door systems offers a range of benefits, including increased efficiency, improved passenger flow, and enhanced accessibility. Automated doors can operate seamlessly, synchronized with train schedules and station stops, minimizing delays and optimizing boarding and alighting processes. Furthermore, IoT technology enables the integration of various data sources, such as passenger counts, weather conditions, and platform occupancy, allowing for adaptive door control and optimized resource allocation.

In conclusion, the increasing adoption of IoT in the railway industry is transforming the way rail transportation operates. IoT-driven solutions offer immense potential in automating rail door systems, leading to improved safety, reliability, and efficiency. Real-time monitoring and data analysis enables proactive maintenance, timely interventions, and optimized operations. By further exploring and harnessing the capabilities of IoT-based solutions, the railway industry can unlock significant advancements in reliability, safety, and passenger experience.

Opportunities for Energy & Environment in Railway

The railway industry offers significant advantages for the energy sector and the environment, as it facilitates the expansion of energy sources and promotes efficient mobility. Rail transportation plays a vital role in contributing to environmental sustainability by reducing transportation energy consumption and mitigating carbon dioxide and local pollutant emissions. This scenario opens avenues for developing innovative, sustainable, and environmentally friendly products in the energy-efficient rail sector. Anticipated growth in the rail entrance systems market is driven by the escalating demand for sustainable solutions, propelled by the imperative of achieving energy efficiency within railway operations.

Railways provide a mode of transportation that supports the efficient movement of goods and people while minimizing energy consumption and mitigating environmental impacts. By leveraging rail transportation, energy sources can be effectively utilized and harnessed for increased efficiency and reduced reliance on carbon-intensive alternatives. This synergy between the railway industry and the energy sector presents opportunities for creating advanced technologies and solutions that contribute to a greener and more sustainable future.

In line with the growing global focus on sustainability, there is an increasing demand for rail entrance systems that align with energy-efficient railway operations. These systems are designed to optimize energy consumption, minimize waste, and integrate advanced technologies for improved performance and environmental impact. This demand surge, driven by the imperative of achieving energy efficiency and reducing carbon footprints, is expected to propel the rail entrance systems market growth during the projected period.

Manufacturers and stakeholders in the rail entrance systems market are poised to benefit from this upward trajectory, as they can leverage the rising demand for sustainable solutions. By investing in research and development, innovation, and the application of environmentally friendly practices, industry players can seize opportunities to provide cutting-edge products that meet the evolving needs of the energy-efficient rail sector.

Hence, the railway industry substantially benefits the energy sector and the environment, promoting expanding energy sources and enabling more efficient mobility. The focus on reducing transportation energy consumption and minimizing emissions creates a favorable environment for developing sustainable and eco-friendly products in the energy-efficient rail sector. As the demand for sustainable rail entrance systems continues to rise, driven by the need for energy-efficient railways, the rail entrance systems market is expected to witness significant growth in the forecast period.

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Europe to Hold the Largest Share in the Rail Entrance Systems Market
Germany, the UK, France, Russia, Spain, Italy, and Poland are key markets for rail entrance systems in the region. In Germany, the country's well-established and high-quality rail network has positioned it as one of the preferred modes of transportation, offering efficiency and reliability. Furthermore, the government is actively investing in expanding the capacity and digitizing the rail network. With a committed investment of around $68 billion over a ten-year period, the growth and advancement of the rail industry in Germany will drive the demand for rail entrance systems, thus contributing to the overall market growth.

Key Company Profiles

  • Knorr-Bremse
  • Nanjing Kangni Mechanical & Electrical
  • Wabtec
  • Polarteknik Oy
  • DOORspec
  • Allegion
  • EKE-Electronics
  • ELMESY
  • Fuji Electric
  • igus
  • Imfuyo
  • IMI Norgren
  • Kalsi Automatic Door System
  • Nabtesco Corporation
  • Siemens
  • Schaltbau Holding AG
  • Tamware
  • PSI Technologies

Market Segmentation

Type

  • Automatic
  • Mechanical

Sales Channel

  • OEM
  • Aftermarket

Geography

  • Europe
    • Germany
    • France
    • The UK
    • Russia
    • Italy
    • Spain
    • Poland
  • APAC
    • China
    • Japan
    • India
    • South Korea
    • Australia
  • North America
    • The US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • The GCC
    • South Africa

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Table of Content

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.4 MARKET SEGMENTATION

4.4.1 MARKET BY TYPE

4.4.2 MARKET BY SALES CHANNEL

4.4.3 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 PREMIUM INSIGHTS

6.1 MARKET OVERVIEW

6.1.1 MARKET TRENDS

6.1.2 MARKET OPPORTUNITIES

6.1.3 MARKET ENABLERS

6.1.4 MARKET CHALLENGES

6.2 SEGMENT OVERVIEW

6.3 COMPETITIVE LANDSCAPE
7 MARKET AT A GLANCE

8 INTRODUCTION

8.1 OVERVIEW

8.2 RAIL VEHICLE TYPES

8.2.1 HIGH-SPEED RAILS (HSR)

8.2.2 METROS

8.2.3 LIGHT RAIL VEHICLES (LRT)

8.2.4 REGIONAL & COMMUTER TRAINS

8.2.5 PASSENGER CARS

8.2.6 MONORAILS

8.3 RAIL CONSTRUCTION PROJECTS

8.3.1 HIGH-SPEED RAILS

8.3.2 METRO

8.3.3 MONORAIL

8.4 VALUE CHAIN

8.4.1 MATERIAL SUPPLIERS

8.4.2 MANUFACTURERS

8.4.3 DISTRIBUTORS

9 MARKET OPPORTUNITIES & TRENDS

9.1 RISING USE OF AUTOMATION & IOT IN RAILWAYS

9.2 RISING DEMAND FOR HIGH-SPEED TRAINS

9.3 OPPORTUNITIES FOR ENERGY & ENVIRONMENT IN RAILWAY

10 MARKET GROWTH ENABLERS

10.1 STRINGENT GOVERNMENT REGULATIONS

10.2 INCREASING POPULARITY OF RAIL TRANSPORT

10.3 GROWTH IN RAIL ROLLING STOCK

11 MARKET RESTRAINTS

11.1 VOLATILITY IN RAW MATERIAL PRICES

11.2 RAIL DOOR CALIBRATION

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.2 MARKET SIZE & FORECAST

12.3 FIVE FORCES ANALYSIS

12.3.1 THREAT OF NEW ENTRANTS

12.3.2 BARGAINING POWER OF SUPPLIERS

12.3.3 BARGAINING POWER OF BUYERS

12.3.4 THREAT OF SUBSTITUTES

12.3.5 COMPETITIVE RIVALRY

13 TYPE

13.1 MARKET SNAPSHOT & GROWTH ENGINE

13.2 MARKET OVERVIEW

13.3 AUTOMATIC

13.3.1 MARKET OVERVIEW

13.3.2 MARKET SIZE & FORECAST

13.3.3 MARKET BY GEOGRAPHY

13.4 MECHANICAL

13.4.1 MARKET OVERVIEW

13.4.2 MARKET SIZE & FORECAST

13.4.3 MARKET BY GEOGRAPHY

14 SALES CHANNEL

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.3 OEM

14.3.1 MARKET OVERVIEW

14.3.2 MARKET SIZE & FORECAST

14.3.3 MARKET BY GEOGRAPHY

14.4 AFTERMARKET

14.4.1 MARKET OVERVIEW

14.4.2 MARKET SIZE & FORECAST

14.4.3 MARKET BY GEOGRAPHY

15 GEOGRAPHY

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 GEOGRAPHIC OVERVIEW

16 EUROPE

16.1 MARKET OVERVIEW

16.2 MARKET SIZE & FORECAST

16.3 MARKET SEGMENTATION

16.4 TYPE

16.4.1 MARKET SIZE & FORECAST

16.5 SALES CHANNEL

16.5.1 MARKET SIZE & FORECAST

16.6 KEY COUNTRIES

16.6.1 GERMANY: MARKET SIZE & FORECAST

16.6.2 FRANCE: MARKET SIZE & FORECAST

16.6.3 UK: MARKET SIZE & FORECAST

16.6.4 RUSSIA: MARKET SIZE & FORECAST

16.6.5 ITALY: MARKET SIZE & FORECAST

16.6.6 SPAIN: MARKET SIZE & FORECAST

16.6.7 POLAND: MARKET SIZE & FORECAST

17 APAC

17.1 MARKET OVERVIEW

17.2 MARKET SIZE & FORECAST

17.3 MARKET SEGMENTATION

17.4 TYPE

17.4.1 MARKET SIZE & FORECAST

17.5 SALES CHANNEL

17.5.1 MARKET SIZE & FORECAST

17.6 KEY COUNTRIES

17.6.1 CHINA: MARKET SIZE & FORECAST

17.6.2 JAPAN: MARKET SIZE & FORECAST

17.6.3 INDIA: MARKET SIZE & FORECAST

17.6.4 SOUTH KOREA: MARKET SIZE & FORECAST

17.6.5 AUSTRALIA: MARKET SIZE & FORECAST

18 NORTH AMERICA

18.1 MARKET OVERVIEW

18.2 MARKET SIZE & FORECAST

18.3 MARKET SEGMENTATION

18.4 TYPE

18.4.1 MARKET SIZE & FORECAST

18.5 SALES CHANNEL

18.5.1 MARKET SIZE & FORECAST

18.6 KEY COUNTRIES

18.6.1 US: MARKET SIZE & FORECAST

18.6.2 CANADA: MARKET SIZE & FORECAST

19 LATIN AMERICA

19.1 MARKET OVERVIEW

19.2 MARKET SIZE & FORECAST

19.3 MARKET SEGMENTATION

19.4 TYPE

19.4.1 MARKET SIZE & FORECAST

19.5 SALES CHANNEL

19.5.1 MARKET SIZE & FORECAST

19.6 KEY COUNTRIES

19.6.1 BRAZIL: MARKET SIZE & FORECAST

19.6.2 MEXICO: MARKET SIZE & FORECAST

19.6.3 ARGENTINA: MARKET SIZE & FORECAST

20 MIDDLE EAST & AFRICA

20.1 MARKET OVERVIEW

20.2 MARKET SIZE & FORECAST

20.3 MARKET SEGMENTATION

20.4 TYPE

20.4.1 MARKET SIZE & FORECAST

20.5 SALES CHANNEL

20.5.1 MARKET SIZE & FORECAST

20.6 KEY COUNTRIES

20.6.1 GCC: MARKET SIZE & FORECAST

20.6.2 SOUTH AFRICA: MARKET SIZE & FORECAST

21 COMPETITIVE LANDSCAPE

21.1 COMPETITION OVERVIEW

22 KEY COMPANY PROFILES

22.1 KNORR-BREMSE

22.1.1 BUSINESS OVERVIEW

22.1.2 PRODUCT OFFERINGS

22.1.3 KEY STRATEGIES

22.1.4 KEY STRENGTHS

22.1.5 KEY OPPORTUNITIES

22.2 NANJING KANGNI MECHANICAL & ELECTRICAL

22.3 WABTEC

23 OTHER PROMINENT VENDORS

23.1 POLARTEKNIK OY

23.1.1 BUSINESS OVERVIEW

23.1.2 PRODUCT OFFERINGS

23.2 DOORSPEC

23.3 ALLEGION

23.4 EKE-ELECTRONICS

23.5 ELMESY

23.6 FUJI ELECTRIC

23.7 IGUS

23.8 IMFUYO

23.9 IMI NORGREN

23.10 KALSI AUTOMATIC DOOR SYSTEM

23.11 NABTESCO CORPORATION

23.12 SIEMENS

23.13 SCHALTBAU HOLDING AG

23.14 TAMWARE

23.15 PSI TECHNOLOGIES

24 REPORT SUMMARY

24.1 KEY TAKEAWAYS

24.2 STRATEGIC RECOMMENDATIONS

25 QUANTITATIVE SUMMARY

25.1 TYPE

25.2 SALES CHANNEL

25.3 MARKET BY GEOGRAPHY

25.4 EUROPE

25.4.1 TYPE

25.4.2 SALES CHANNEL

25.5 APAC

25.5.1 TYPE

25.5.2 SALES CHANNEL

25.6 NORTH AMERICA

25.6.1 TYPE

25.6.2 SALES CHANNEL

25.7 LATIN AMERICA

25.7.1 TYPE

25.7.2 SALES CHANNEL

25.8 MIDDLE EAST & AFRICA

25.8.1 TYPE

25.8.2 SALES CHANNEL

26 APPENDIX

26.1 ABBREVIATIONS

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SOURCE Arizton Advisory & Intelligence