The Railway Telematics Global Market Report 2021-31 by The Business Research Company describes and explains the global railway telematics market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Railway Telematics Global Market Report 2022 covers railway telematics market drivers, railway telematics market trends, railway telematics market segments, railway telematics market growth rate, railway telematics market major players, and railway telematics market size.
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The railway telematics market report provides in-depth analysis of the impact of COVID-19 on the global railway telematics industry along with revised market numbers due to the effects of the coronavirus and the expected railway telematics market growth numbers for 2022-2031.
The global railway telematics market size is expected to grow from $3.84 billion in 2021 to $4.16 billion in 2022 at a compound annual growth rate (CAGR) of 8.48%. The growth in the market is mainly due to the companies’ rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global railway telematics market share is expected to reach $5.77 billion in 2026 at a CAGR of 8.51%.
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Railway Telematics Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the railway telematics market segments-
1) By Solution: Fleet Management, Automatic Stock Control, Remote Data Access, Railcar Tracking and Tracing
2) By Railcar: Hoppers, Tank Cars, Well Cars, Boxcars, Refrigerated Boxcars
3) By Component Type: Telematics Control Unit, Sensors
The table of contents in TBRC’s railway telematics market report includes:
- Executive Summary
- Railway Telematics Market Characteristics
- Railway Telematics Market Trends And Strategies
- Impact Of COVID-19 On Railway Telematics
- Railway Telematics Market Size And Growth
- Africa Railway Telematics Market
- Railway Telematics Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Railway Telematics Market
- Railway Telematics Market Future Outlook and Potential Analysis
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