Zion Market Research Global Smart Railways Market, 2016–2024 | Page 5

Smart Railways Market
Global Smart Railways Market: Regional Analysis
Utilization of advanced vehicle control system, advanced PIS, and different other
systems that offer data associated with the real-time position of a vehicle is escalating
the global market specifically in the U.S. and Canada. Improved logistics are boosting
the global market in India, China, and Japan and remain part of the Asia Pacific.
Technological advancements have elevated the global market mainly in many parts of
Germany. Also, from the industry is also escalating the global market in Europe. The rest
of the world will show a slow growth in the development of the global smart railways
market in the near future.
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Global Smart Railways Market: Competitive Players
Some of the key players in the global market for smart railways are Indra Sistemas S.A.,
ABB Group, Alstom S.A., Bombardier Inc., Alcatel-Lucent S.A., Hitachi Ltd., Huawei
Technologies Co. Ltd., Siemens AG, Cisco Systems Inc., General Electric Co., IBM
Corporation, Ansaldo STS, and others.