The proven safety and energy efficiency of high-speed trains relative to other transportation modes, combined with increased government funding, will stimulate demand for rail asset management systems in the years to come.
(PRUnderground) August 29th, 2019
New ARC Advisory Group research on the rail asset management systems market reveals that the growth in demand for high-speed and long-distance rail lines will boost the demand for the rail service industry in general, and the rail asset management system market, in particular.
“The continued growth of high-speed and long-distance rail lines not only opens up a host of further technical developments but also offers a strong countermeasure to other forms of transport. It has already been proven that the high-speed train is much safer and consumes less energy than other transportation modes. Additionally, an increase in government funding for such rail routes will stimulate the demand for rail asset management systems in the years to come,” according to Muhammad Wasay Rashid, Lead Transportation Analyst at ARC Advisory Group and key author of ARC’s Rail Asset Management Systems Global Market Outlook 2018-2023 report.
About the Rail Asset Management Systems Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the rail asset management systems market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region, application and asset type, and revenue category.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes one year of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, go to www.arcweb.com/market-studies.
About ARC Advisory Group
Founded in 1986, ARC Advisory Group is the leading technology research and advisory firm for industry, infrastructure, and cities. ARC stands apart due to our in-depth coverage of both operational technologies (OT) and engineering technologies (ET) and associated business trends. Our analysts and consultants have the industry knowledge and the first-hand experience to help our clients find the best answers to the complex business issues facing organizations today. We provide our technology supplier clients with strategic market research, and help our end user clients develop appropriate adoption strategies and select the best technology solutions for their needs.Press Contact
Original Press Release.