Smart Railway System Market to See 26.11% Cagr Globally by 2018, Says a Research Report Available at Reports and Intelligence

Reports and Intelligence adds a report titled “Global Smart Railway System Market 2014-2018.” As per the report, global smart railway system market is expected to register a CAGR of 26.11% during the forecast period.

Recent increase in demand for using railways as a mode of transport has urged the need to enhance and advance the railway systems across various geographical regions. The growing population across many major cities and hyper-urbanization are increasing the demand and usage of railways. Further the advancements in technologies across almost every field is also driving the need to advance and also automate the railway transport.

Get access to detailed report at: http://www.reportsandintelligence.com/global-smart-railway-system-2014-2018-market

The global market is driven by the decreasing costs for connections and hardware, which makes it feasible to enhance the railway infrastructure. However, increased capacity and congestion is the major challenge for the global smart railways market. Furthermore, the emergence of advanced technological solutions would propel the market growth in the coming years.

Geographical regions covered in the report are America, EMEA and APAC. The report evaluates the market size of the global smart railways market by segmenting the market into three main segments i.e. Smart railway systems by solutions, services and devices & components.

The report also profiles some of the major players from the global market and provides a detailed analysis of the global market’s competitive scenario. It would help the readers to understand the market potentials and its growth prospects in the coming years.

Companies profiled in the report are CGI Group Inc., GE Transportation, Alstom SA, Indra Sistemas SA, Hitachi Ltd., Ansaldo STS, ABB Ltd., IBM Corp., Bombardier Inc., Siemens AG, Cisco System Inc., Computer Science Corp., Alcatel Lucent International and Huawei Technologies Co. Ltd.

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