India Railway Telematics Market Size & Outlook, 2023-2030
India railway telematics market, 2018-2030 (US$M)
Related Markets
India railway telematics market highlights
- The India railway telematics market generated a revenue of USD 460.2 million in 2023 and is expected to reach USD 884.7 million by 2030.
- The India market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
- In terms of segment, automatic stock control was the largest revenue generating solution in 2023.
- Automatic Stock Control is the most lucrative solution segment registering the fastest growth during the forecast period.
Railway telematics market data book summary
| Market revenue in 2023 | USD 460.2 million |
| Market revenue in 2030 | USD 884.7 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Automatic stock control |
| Fastest growing segment | Automatic Stock Control |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fleet Management, Automatic Stock Control, Remote data access, Railcar tracking and tracing |
| Key market players worldwide | A1 Digital, Alstom SA, Amsted Industries, Hitachi Ltd, Knorr-Bremse AG ADR, Robert Bosch Engineering & Business Solutions, Siemens AG, ORBCOMM, Railnova, Indus Holding AG, Wabtec |
Other key industry trends
- In terms of revenue, India accounted for 3.9% of the global railway telematics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan railway telematics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 884.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Railway Telematics Market Scope
Railway Telematics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India railway telematics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to railway telematics market will help companies and investors design strategic landscapes.
Automatic stock control was the largest segment with a revenue share of 36.79% in 2023. Horizon Databook has segmented the India railway telematics market based on fleet management, automatic stock control, remote data access, railcar tracking and tracing covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to India railway telematics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India railway telematics market databook
-
Our clientele includes a mix of railway telematics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India railway telematics market, including forecasts for subscribers. This country databook contains high-level insights into India railway telematics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India railway telematics market report size, by solution, 2018-2030 (US$M)
India Railway Telematics Market Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
