Wayside Control Market

Wayside Control Market [Component: Hardware, Software, Services; Application: Automatic Train Control (ATC), Centralized Traffic Control (CTC)] - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Wayside Control Market Outlook 2031

  • The global wayside control market was valued at US$ 1.01 Bn in 2021
  • It is estimated to advance at a CAGR of 8.1% from 2022 to 2031
  • The global wayside control market is expected to reach US$ 2.17 Bn by the end of 2031

Analysts’ Viewpoint on Wayside Control Market Scenario

Increase in need to enhance existing railway routes, advancement in the train-to-wayside communication system, and the introduction of new rail services are expected to drive the global wayside control market during the forecast period. Diverse advantages offered by wayside advanced technology systems impel a positive impact on the global market. Moreover, the adoption of smart communication solutions across various applications of railway management help improve timely decision-making concerns, which include asset deployment, utilization, and maintenance. Efficient operation of modern railways depends on precise and on-time communication systems among stations in order to ensure safety, security, and uninterrupted services. Furthermore, increase in preference for railway-based public transport services to reduce traffic congestion is projected to further fuel the global wayside control market.

Wayside Control Market

Wayside Control Market Introduction

Wayside control system represents the train interface equipment installed, maintained, and operated by the railroad and is usually located at or near a grade crossing. Wayside control systems easily connect train operations to back office management for monitoring, vital signaling, and other applications. Wayside control is most suitable for various systems including centralized traffic control (CTC) and automatic train control (ATC). Wayside control systems and platforms are precisely monitored and deliver a more secure railway operating environment. The wayside controller is responsible for the route that is set based on the commands received from the central control subsystem.

Wayside control for high-speed railway system helps expand network efficiency, and its design also assures stability & reliability. Rise in use of public transport services to minimize traffic congestion, surge in demand for a secure and safer railway system, and increase in government budget for the development of railways significantly are projected to drive the global wayside control system market during the forecast period. Traffic management system companies are also gaining potential benefits from wayside control systems. Furthermore, market players are focusing on improving rail infrastructure. Increase in adoption of metros and high-speed trains along with rise in demand for autonomous train technologies is anticipated to provide considerable opportunities for players operating in the wayside control market.

Increase in Budget for Development of Railways Augmenting Global Wayside Control Market

Investment plays a crucial role in modernizing a nation’s infrastructure and strengthening supply chains. It helps reduce congestion and enables the transportation of people and goods more time effective and affordable. Various governments across the globe announced projects to improve the infrastructure of railways and upgrade it in terms of technological capabilities. Additionally, investments in safety advancements and new technology enhances and expands passenger rail and high-speed rail respectively. These factors benefit the rail industry and consequently, drive the wayside controller market.

Developing economies, such as India, are keen on digitalizing their railway infrastructure by allocating a higher budget for the same. For instance, as per information sourced, the budgetary allocation for the Indian Railways for the year 2022-23 stood at US$ 18,247.7 Mn, which is 27.5% higher than the budgetary allocation of US$ 14,307.1 Mn in the year 2021-22. Additionally, the Government of India is investing in the rail industry to popularize ‘One Station-One Product’ to help local businesses and the supply chain. In developed countries, such as the U.S., governments are investing to rebuild the country’s rail infrastructure, which leads to strengthening of supply chain, increase in production capacity, and reduction in traffic and pollution on the road, thereby ensuring economic growth.

Other countries across the globe are constantly focusing on increasing their respective rail budgets to adopt future wayside train monitoring systems and rolling stock technology. As per information sourced from the U.S. Department of Transportation, in June 2022, the Federal Railroad Administration (FRA) announced over US$ 368 Mn in Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant program funds to 46 projects in 32 states and the District of Colombia. In 2019, the Canadian National Railway (CN), a leading transportation and logistics leader, planned to invest nearly US$ 243.87 Mn to expand and strengthen the company’s rail network across the Ontario province. Therefore, increase in budget or expenditure for the development of railways is projected to fuel the global wayside control market during the forecast period.

Inclination of Emerging Countries Toward High-Speed Rail Creates Lucrative Opportunities

Demand for rail transport is growing at a rapid pace. Passenger and freight activity is expected to double in the next few years considering the present trends in the rail industry. This results in social and economic progress and creates a potential opportunity for the wayside monitoring and diagnostic system. The role of rail in global transport is expected to elevate in the future by diversifying the needs of efficient and time-effective mobility. For instance, China has planned the expansion of a high-speed railway network to 50,000 km by 2025, which is equal to the combined length of the largest countries (Spain, Japan, France, Germany, and Finland) by network size, across the globe. High-speed rail is an efficient alternative to aviation, as it provides a solution to cities impacted by air pollution and congestion. Penetration of high-speed railway is notable in China, and it has overtaken all the countries in terms of network length. Surge in demand for high-speed trains owing to the capability to cover longer geographic distances with time efficiency; rise in government initiatives; and growth of the tourism sector are some of the key factors that creating a strong potential for high-speed rail in developing economies.

Regional Outlook of Global Wayside Control Market

Europe is anticipated to dominate the global wayside control market during the forecast period. Rise in initiatives by governments to modernize rail infrastructure by introducing a wayside train monitoring system and signaling system is driving the market in the region. Increase in awareness among government regulatory bodies to integrate autonomous train technology is also expected to fuel the market in the region. Countries such as the U.K and Germany are expected to account for a dominant share of the global market. This is due to the lucrative presence of key market players in these countries who focus on developing green and sustainable mobility solutions. The wayside control market in Asia Pacific is expected to grow at a notable pace during the forecast period. Increase in focus of government bodies on rail network operations; and adoption of emission-free public transport modes and freight transport are boosting the wayside control systems market share held by the region in the next few years.

Analysis of Key Players in the Global Wayside Control Market

The global wayside control market is highly consolidated, with a small number of large-scale vendors controlling majority of the share. Most of the companies are investing significantly in comprehensive research and development activities, primarily to develop environment-friendly solutions. Expansion of product portfolios and mergers and acquisitions are prominent strategies adopted by key players. Key players operating in the global wayside control market are Advantech Co., Ltd., Alstom SA, Belden Inc., EKE-Electronics Ltd., Kyosan Electric Mfg. Co., Lt., LILEE Systems, Ltd., Mitsubishi Electric Power Products, Inc., Progressrail. Com, Quester Tangent, Siemens Mobility, Teleste Corporation, and Wabtec Corporation.

Key Developments in Global Wayside Control Market

  • In January 2021, Alstom SA completed the acquisition of Bombardier Transportation to strengthen its position in the expanding mobility market in order to offer integrated solutions to customers worldwide. Alstom SA focuses on the acquisition and aims to develop innovative sustainable mobility solutions to meet the demands of the transportation sector in order to improve train operational performance.

Each of these players has been profiled in the wayside control market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Global Wayside Control Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 1.01 Bn

Market Forecast Value in 2031

US$ 2.17 Bn

Growth Rate

(CAGR)

8.1%

Forecast Period

2022–2031

Historical Data Available for

2016–2020

Quantitative Units

US$ Bn for Value

Market Analysis

It includes cross-segment analysis at the global as well as regional level. Furthermore, the qualitative analysis includes drivers, restraints, opportunities, key trends, analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2021)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Component
    • Hardware
    • Software
    • Services
  • Application
    • Automatic Train Control (ATC)
      • Automatic Train Protection (ATP)
      • Automatic Train Operation (ATO)
      • Automatic Train Supervision (ATS)
    • Centralized Traffic Control (CTC)

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • Mexico
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • China
  • India
  • Japan
  • ASEAN
  • Saudi Arabia
  • United Arab Emirates
  • South Africa
  • Brazil
  • Argentina

Companies Profiled

  • Advantech Co., Ltd.
  • Alstom SA
  • Belden Inc.
  • EKE-Electronics Ltd.
  • Kyosan Electric Mfg. Co., Ltd.
  • LILEE Systems, Ltd.
  • Mitsubishi Electric Power Products, Inc.
  • Progressrail. Com
  • Quester Tangent
  • Siemens Mobility
  • Teleste Corporation
  • Wabtec Corporation
  • Others

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the global wayside control market in 2021?

The global wayside control market was valued at US$ 1.01 Bn in 2021.

How big will be the global wayside control market in 2031?

The global wayside control market is expected to reach US$ 2.17 Bn by 2031.

What is the growth rate of the global wayside control market?

The global wayside control market is estimated to grow at a CAGR of 8.1% during the forecast period.

Who are the key vendors of the global wayside control market?

Advantech Co., Ltd, Siemens Mobility, Wabtec Corporation, and Alstom SA.

What are the driving factors of the global wayside control market?

Increase in investment in the development of the railways, rapid urbanization, rise in environmental concerns, and increase in number of smart city projects.

Which region is expected to dominate the global wayside control market during the forecast period?

Europe held 35.8% share of the global wayside control market in 2021, and it is expected to dominate the global market during the forecast period.

What are some of the latest trends in the global wayside control market?

Green mobility, digitization in transportation, and deployment of 5G.

1. Preface

    1.1. Market Introduction

    1.2. Market Segmentation

    1.3. Key Research Objectives

2. Assumptions and Research Methodology

    2.1. Research Methodology

        2.1.1. List of Primary and Secondary Sources

    2.2. Key Assumptions for Data Modelling

3. Executive Summary: Global Wayside Control Market

4. Market Overview

    4.1. Market Definition

    4.2. Technology/ Product Roadmap

    4.3. Market Factor Analysis

        4.3.1. Forecast Factors

        4.3.2. Ecosystem/ Value Chain Analysis

        4.3.3. Market Dynamics (Growth Influencers)

            4.3.3.1. Drivers

            4.3.3.2. Restraints

            4.3.3.3. Opportunities

            4.3.3.4. Impact Analysis of Drivers and Restraints

    4.4. COVID-19 Impact Analysis

        4.4.1. Impact of COVID-19 on Wayside Control Market

        4.4.2. End-user Sentiment Analysis: Comparative Analysis on Spending

            4.4.2.1. Increase in Spending

            4.4.2.2. Decrease in Spending

        4.4.3. Short Term and Long Term Impact on the Market

    4.5. Market Opportunity Assessment – by Region (North America/ Europe/ Asia Pacific/ Middle East and Africa/ South America)

        4.5.1. By Component

        4.5.2. By Application

5. Global Wayside Control Market Analysis and Forecast

    5.1. Market Revenue Analysis (US$ Mn), 2016-2031

        5.1.1. Historic Growth Trends, 2016-2021

        5.1.2. Forecast Trends, 2022-2031

6. Global Wayside Control Market Analysis, by Component

    6.1. Overview and Definitions

    6.2. Key Segment Analysis

    6.3. Wayside Control Market Size (US$ Mn) Forecast, by Component, 2018 - 2031

        6.3.1. Hardware

        6.3.2. Software

        6.3.3. Services

7. Global Wayside Control Market Analysis, by Application

    7.1. Key Segment Analysis

    7.2. Wayside Control Market Size (US$ Mn) Forecast, by Application, 2018 - 2031

        7.2.1. Automatic Train Control (ATC)

            7.2.1.1. Automatic Train Protection (ATP)

            7.2.1.2. Automatic Train Operation (ATO)

            7.2.1.3. Automatic Train Supervision (ATS)

        7.2.2. Centralized Traffic Control (CTC)

8. Global Wayside Control Market Analysis and Forecasts, by Region

    8.1. Key Findings

    8.2. Market Size (US$ Mn) Forecast by Region, 2018-2031

        8.2.1. North America

        8.2.2. Europe

        8.2.3. Asia Pacific

        8.2.4. Middle East & Africa

        8.2.5. South America

9. North America Wayside Control Market Analysis and Forecast

    9.1. Regional Outlook

    9.2. Wayside Control Market Size (US$ Mn) Analysis and Forecast, 2018 - 2031

        9.2.1. By Component

        9.2.2. By Application

    9.3. Wayside Control Market Size (US$ Mn) Forecast, by Country, 2018 - 2031

        9.3.1. U.S.

        9.3.2. Canada

        9.3.3. Mexico

10. Europe Wayside Control Market Analysis and Forecast

    10.1. Regional Outlook

    10.2. Wayside Control Market Size (US$ Mn) Analysis and Forecast, 2018 - 2031

        10.2.1. By Component

        10.2.2. By Application

    10.3. Wayside Control Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2031

        10.3.1. Germany

        10.3.2. UK

        10.3.3. France

        10.3.4. Italy

        10.3.5. Spain

        10.3.6. Rest of Europe

11. Asia Pacific Wayside Control Market Analysis and Forecast

    11.1. Regional Outlook

    11.2. Wayside Control Market Size (US$ Mn) Analysis and Forecast, 2018 - 2031

        11.2.1. By Component

        11.2.2. By Application

    11.3. Wayside Control Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2031

        11.3.1. China

        11.3.2. India

        11.3.3. Japan

        11.3.4. ASEAN

        11.3.5. Rest of Asia Pacific

12. Middle East & Africa Wayside Control Market Analysis and Forecast

    12.1. Regional Outlook

    12.2. Wayside Control Market Size (US$ Mn) Analysis and Forecast, 2018 - 2031

        12.2.1. By Component

        12.2.2. By Application

    12.3. Wayside Control Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2031

        12.3.1. Saudi Arabia

        12.3.2. United Arab Emirates

        12.3.3. South Africa

        12.3.4. Rest of Middle East & Africa

13. South America Wayside Control Market Analysis and Forecast

    13.1. Regional Outlook

    13.2. Wayside Control Market Size (US$ Mn) Analysis and Forecast, 2018 - 2031

        13.2.1. By Component

        13.2.2. By Application

    13.3. Wayside Control Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2031

        13.3.1. Brazil

        13.3.2. Argentina

        13.3.3. Rest of South America

14. Competition Landscape

    14.1. Market Competition Matrix, by Leading Players

    14.2. Market Revenue Share Analysis (%), by Leading Players (2021)

    14.3. Competitive Scenario

        14.3.1. List of Emerging, Prominent and Leading Players

        14.3.2. Major Mergers & Acquisitions, Expansions, Partnership, Contacts, Deals, etc.

15. Company Profiles

    15.1. Advantech Co., Ltd.

        15.1.1. Business Overview

        15.1.2. Company Revenue

        15.1.3. Product Portfolio

        15.1.4. Geographic Footprint

        15.1.5. Strategic Partnership

        15.1.6. Merger & Acquisition

        15.1.7. Business Expansion

        15.1.8. New Product Launch

        15.1.9. Innovation etc.

    15.2. Alstom SA

        15.2.1. Business Overview

        15.2.2. Company Revenue

        15.2.3. Product Portfolio

        15.2.4. Geographic Footprint

        15.2.5. Strategic Partnership

        15.2.6. Merger & Acquisition

        15.2.7. Business Expansion

        15.2.8. New Product Launch

        15.2.9. Innovation etc.

    15.3. Belden Inc.

        15.3.1. Business Overview

        15.3.2. Company Revenue

        15.3.3. Product Portfolio

        15.3.4. Geographic Footprint

        15.3.5. Strategic Partnership

        15.3.6. Merger & Acquisition

        15.3.7. Business Expansion

        15.3.8. New Product Launch

        15.3.9. Innovation etc.

    15.4. EKE-Electronics Ltd.

        15.4.1. Business Overview

        15.4.2. Company Revenue

        15.4.3. Product Portfolio

        15.4.4. Geographic Footprint

        15.4.5. Strategic Partnership

        15.4.6. Merger & Acquisition

        15.4.7. Business Expansion

        15.4.8. New Product Launch

        15.4.9. Innovation etc.

    15.5. Kyosan Electric Mfg. Co., Ltd.

        15.5.1. Business Overview

        15.5.2. Company Revenue

        15.5.3. Product Portfolio

        15.5.4. Geographic Footprint

        15.5.5. Strategic Partnership

        15.5.6. Merger & Acquisition

        15.5.7. Business Expansion

        15.5.8. New Product Launch

        15.5.9. Innovation etc.

    15.6. LILEE Systems, Ltd.

        15.6.1. Business Overview

        15.6.2. Company Revenue

        15.6.3. Product Portfolio

        15.6.4. Geographic Footprint

        15.6.5. Strategic Partnership

        15.6.6. Merger & Acquisition

        15.6.7. Business Expansion

        15.6.8. New Product Launch

        15.6.9. Innovation etc.

    15.7. Mitsubishi Electric Power Products, Inc.

        15.7.1. Business Overview

        15.7.2. Company Revenue

        15.7.3. Product Portfolio

        15.7.4. Geographic Footprint

        15.7.5. Strategic Partnership

        15.7.6. Merger & Acquisition

        15.7.7. Business Expansion

        15.7.8. New Product Launch

        15.7.9. Innovation etc.

    15.8. Progressrail. Com

        15.8.1. Business Overview

        15.8.2. Company Revenue

        15.8.3. Product Portfolio

        15.8.4. Geographic Footprint

        15.8.5. Strategic Partnership

        15.8.6. Merger & Acquisition

        15.8.7. Business Expansion

        15.8.8. New Product Launch

        15.8.9. Innovation etc.

    15.9. Quester Tangent

        15.9.1. Business Overview

        15.9.2. Company Revenue

        15.9.3. Product Portfolio

        15.9.4. Geographic Footprint

        15.9.5. Strategic Partnership

        15.9.6. Merger & Acquisition

        15.9.7. Business Expansion

        15.9.8. New Product Launch

        15.9.9. Innovation etc.

    15.10. Siemens Mobility

        15.10.1. Business Overview

        15.10.2. Company Revenue

        15.10.3. Product Portfolio

        15.10.4. Geographic Footprint

        15.10.5. Strategic Partnership

        15.10.6. Merger & Acquisition

        15.10.7. Business Expansion

        15.10.8. New Product Launch

        15.10.9. Innovation etc.

    15.11. Teleste Corporation

        15.11.1. Business Overview

        15.11.2. Company Revenue

        15.11.3. Product Portfolio

        15.11.4. Geographic Footprint

        15.11.5. Strategic Partnership

        15.11.6. Merger & Acquisition

        15.11.7. Business Expansion

        15.11.8. New Product Launch

        15.11.9. Innovation etc.

    15.12. Wabtec Corporation

        15.12.1. Business Overview

        15.12.2. Company Revenue

        15.12.3. Product Portfolio

        15.12.4. Geographic Footprint

        15.12.5. Strategic Partnership

        15.12.6. Merger & Acquisition

        15.12.7. Business Expansion

        15.12.8. New Product Launch

        15.12.9. Innovation etc.

    15.13. Others

        15.13.1. Business Overview

        15.13.2. Company Revenue

        15.13.3. Product Portfolio

        15.13.4. Geographic Footprint

        15.13.5. Strategic Partnership

        15.13.6. Merger & Acquisition

        15.13.7. Business Expansion

        15.13.8. New Product Launch

        15.13.9. Innovation etc.

16. Key Takeaways

List of Tables

Table 1: Acronyms Used in the Wayside Control Market

Table 2: North America Wayside Control Market Revenue Analysis, by Country, 2022 - 2031 (US$ Mn)

Table 3: Europe Wayside Control Market Revenue Analysis, by Country & Sub-region, 2022 - 2031 (US$ Mn)

Table 4: Asia Pacific Wayside Control Market Revenue Analysis, by Country & Sub-region, 2022 - 2031 (US$ Mn)

Table 5: Middle East & Africa Wayside Control Market Revenue Analysis, by Country & Sub-region, 2021 and 2031 (US$ Mn)

Table 6: South America Wayside Control Market Revenue Analysis, by Country & Sub-region, 2022 - 2031 (US$ Mn)

Table 7: Forecast Factors: Relevance and Impact (1/2)

Table 8: Forecast Factors: Relevance and Impact (2/2)

Table 9: Impact Analysis of Drivers & Restraints

Table 10: Global Wayside Control Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

Table 11: Global Wayside Control Market Value (US$ Bn) Forecast, by Application, 2018 – 2031

Table 12: Global Wayside Control Market Volume (US$ Mn) Forecast, by Region, 2018 - 2031

Table 13: North America Wayside Control Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

Table 14: North America Wayside Control Market Value (US$ Bn) Forecast, by Application, 2018 – 2031

Table 15: North America Wayside Control Market Value (US$ Bn) Forecast, by Country, 2018 - 2031

Table 16: U.S. Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 17: Canada Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 18: Mexico Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 19: Europe Wayside Control Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

Table 20: Europe Wayside Control Market Value (US$ Bn) Forecast, by Application, 2018 – 2031

Table 21: Europe Wayside Control Market Value (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

Table 22: Germany Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 23: UK Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 24: France Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 25: Italy Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 26: Spain Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 27: Asia Pacific Wayside Control Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

Table 28: Asia Pacific Wayside Control Market Value (US$ Bn) Forecast, by Application, 2018 – 2031

Table 29: Asia Pacific Wayside Control Market Value (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

Table 30: China Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 31: India Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 32: Japan Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 33: ASEAN Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 34: Middle East & Africa Wayside Control Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

Table 35: Middle East & Africa Wayside Control Market Value (US$ Bn) Forecast, by Application, 2018 – 2031

Table 36: Middle East & Africa Wayside Control Market Value (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

Table 37: Saudi Arabia Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 38: UAE Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 39: South Africa Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 40: South America Wayside Control Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

Table 41: South America Wayside Control Market Value (US$ Bn) Forecast, by Application, 2018 – 2031

Table 42: South America Wayside Control Market Value (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

Table 43: Brazil Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 44: Argentina Wayside Control Market Revenue CAGR Breakdown (%), by Growth Term

Table 45: Mergers & Acquisitions, Partnerships (1/2)

Table 46: Mergers & Acquisitions, Partnership (2/2)

List of Figures

Figure 1: Global Wayside Control Market Size (US$ Bn) Forecast, 2018–2031

Figure 2: Global Wayside Control Market Revenue (US$ Bn) Opportunity Assessment, by Region, 2022E

Figure 3: Top Segment Analysis of Wayside Control Market

Figure 4: Global Wayside Control Market Revenue (US$ Bn) Opportunity Assessment, by Region, 2031F

Figure 5: Global Wayside Control Market Attractiveness Assessment, by Component

Figure 6: Global Wayside Control Market Attractiveness Assessment, by Application

Figure 7: Global Wayside Control Market Attractiveness Assessment, by Region

Figure 8: Global Wayside Control Market Revenue (US$ Bn) Historic Trends, 2016 – 2021

Figure 9: Global Wayside Control Market Revenue Opportunity (US$ Bn) Historic Trends, 2016 – 2021

Figure 10: Global Wayside Control Market Value Share Analysis, by Component, 2022

Figure 11: Global Wayside Control Market Value Share Analysis, by Component, 2031

Figure 12: Global Wayside Control Market Absolute Opportunity (US$ Bn), by Hardware, 2022 – 2031

Figure 13: Global Wayside Control Market Absolute Opportunity (US$ Bn), by Software, 2022 – 2031

Figure 14: Global Wayside Control Market Absolute Opportunity (US$ Bn), by Services, 2022 – 2031

Figure 15: Global Wayside Control Market Value Share Analysis, by Application, 2022

Figure 16: Global Wayside Control Market Value Share Analysis, by Application, 2031

Figure 17: Global Wayside Control Market Absolute Opportunity (US$ Bn), by Automatic Train Control, 2022 – 2031

Figure 18: Global Wayside Control Market Absolute Opportunity (US$ Bn), by Centralized Traffic Control, 2022 – 2031

Figure 19: Global Wayside Control Market Opportunity (US$ Bn), by Region

Figure 20: Global Wayside Control Market Opportunity Share (%), by Region, 2022–2031

Figure 21: Global Wayside Control Market Size (US$ Bn), by Region, 2022 & 2031

Figure 22: Global Wayside Control Market Value Share Analysis, by Region, 2022

Figure 23: Global Wayside Control Market Value Share Analysis, by Region, 2031

Figure 24: North America Wayside Control Market Absolute Opportunity (US$ Bn), 2022 – 2031

Figure 25: Europe Wayside Control Market Absolute Opportunity (US$ Bn), 2022 – 2031

Figure 26: Asia Pacific Wayside Control Market Absolute Opportunity (US$ Bn), 2022 – 2031

Figure 27: Middle East & Africa Wayside Control Market Absolute Opportunity (US$ Bn), 2022 – 2031

Figure 28: South America Wayside Control Market Absolute Opportunity (US$ Bn), 2022 – 2031

Figure 29: North America Wayside Control Market Revenue Opportunity Share, by Component

Figure 30: North America Wayside Control Market Revenue Opportunity Share, by Application

Figure 31: North America Wayside Control Market Value Share Analysis, by Component, 2022

Figure 32: North America Wayside Control Market Value Share Analysis, by Component, 2031

Figure 33: North America Wayside Control Market Absolute Opportunity (US$ Bn), by Hardware, 2022 – 2031

Figure 34: North America Wayside Control Market Absolute Opportunity (US$ Bn), by Software, 2022 – 2031

Figure 35: North America Wayside Control Market Absolute Opportunity (US$ Bn), by Services, 2022 – 2031

Figure 36: North America Wayside Control Market Value Share Analysis, by Application, 2022

Figure 37: North America Wayside Control Market Value Share Analysis, by Application, 2031

Figure 38: North America Wayside Control Market Absolute Opportunity (US$ Bn), by Automatic Train Control, 2022 – 2031

Figure 39: North America Wayside Control Market Absolute Opportunity (US$ Bn), by Centralized Traffic Control, 2022 – 2031

Figure 40: North America Wayside Control Market Value Share Analysis, by Country, 2022

Figure 41: North America Wayside Control Market Value Share Analysis, by Country, 2031

Figure 42: U.S. Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 43: Canada Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 44: Mexico Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 45: Europe Wayside Control Market Revenue Opportunity Share, by Component

Figure 46: Europe Wayside Control Market Revenue Opportunity Share, by Application

Figure 47: Europe Wayside Control Market Revenue Opportunity Share, by Country & Sub-region

Figure 48: Europe Wayside Control Market Value Share Analysis, by Component, 2022

Figure 49: Europe Wayside Control Market Value Share Analysis, by Component, 2031

Figure 50: Europe Wayside Control Market Absolute Opportunity (US$ Bn), by Hardware, 2022 – 2031

Figure 51: Europe Wayside Control Market Absolute Opportunity (US$ Bn), by Software, 2022 – 2031

Figure 52: Europe Wayside Control Market Absolute Opportunity (US$ Bn), by Services, 2022 – 2031

Figure 53: Europe Wayside Control Market Value Share Analysis, by Application, 2022

Figure 54: Europe Wayside Control Market Value Share Analysis, by Application, 2031

Figure 55: Europe Wayside Control Market Absolute Opportunity (US$ Bn), by Automatic Train Control, 2022 – 2031

Figure 56: Europe Wayside Control Market Absolute Opportunity (US$ Bn), by Centralized Traffic Control, 2022 – 2031

Figure 57: Europe Wayside Control Market Value Share Analysis, by Country & Sub-region, 2022

Figure 58: Europe Wayside Control Market Value Share Analysis, by Country & Sub-region, 2031

Figure 59: Germany Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 60: U.K. Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 61: France Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 62: Italy Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 63: Spain Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 64: Asia Pacific Wayside Control Market Revenue Opportunity Share, by Component

Figure 65: Asia Pacific Wayside Control Market Revenue Opportunity Share, by Application

Figure 66: Asia Pacific Wayside Control Market Revenue Opportunity Share, by Country & Sub-region

Figure 67: Asia Pacific Wayside Control Market Value Share Analysis, by Component, 2022

Figure 68: Asia Pacific Wayside Control Market Value Share Analysis, by Component, 2031

Figure 69: Asia Pacific Wayside Control Market Absolute Opportunity (US$ Bn), by Hardware, 2022 – 2031

Figure 70: Asia Pacific Wayside Control Market Absolute Opportunity (US$ Bn), by Software, 2022 – 2031

Figure 71: Asia Pacific Wayside Control Market Absolute Opportunity (US$ Bn), by Services, 2022 – 2031

Figure 72: Asia Pacific Wayside Control Market Value Share Analysis, by Application, 2022

Figure 73: Asia Pacific Wayside Control Market Value Share Analysis, by Application, 2031

Figure 74: Asia Pacific Wayside Control Market Absolute Opportunity (US$ Bn), by Automatic Train Control, 2022 – 2031

Figure 75: Asia Pacific Wayside Control Market Absolute Opportunity (US$ Bn), by Centralized Traffic Control, 2022 – 2031

Figure 76: Asia Pacific Wayside Control Market Revenue Opportunity Share, by Component

Figure 77: Asia Pacific Wayside Control Market Revenue Opportunity Share, by Application

Figure 78: Asia Pacific Wayside Control Market Revenue Opportunity Share, by Country & Sub-region

Figure 79: China Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 80: India Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 81: Japan Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 82: ASEAN Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 83: Middle East Africa Wayside Control Market Revenue Opportunity Share, by Component

Figure 84: Middle East Africa Wayside Control Market Revenue Opportunity Share, by Application

Figure 85: Middle East Africa Wayside Control Market Revenue Opportunity Share, by Country & Sub-region

Figure 86: Middle East Africa Wayside Control Market Value Share Analysis, by Component, 2022

Figure 87: Middle East Africa Wayside Control Market Value Share Analysis, by Component, 2031

Figure 88: Middle East Africa Wayside Control Market Absolute Opportunity (US$ Bn), by Hardware, 2022 – 2031

Figure 89: Middle East Africa Wayside Control Market Absolute Opportunity (US$ Bn), by Software, 2022 – 2031

Figure 90: Middle East Africa Wayside Control Market Absolute Opportunity (US$ Bn), by Services, 2022 – 2031

Figure 91: Middle East Africa Wayside Control Market Value Share Analysis, by Application, 2022

Figure 92: Middle East Africa Wayside Control Market Value Share Analysis, by Application, 2031

Figure 93: Middle East Africa Wayside Control Market Absolute Opportunity (US$ Bn), by Automatic Train Control, 2022 – 2031

Figure 94: Middle East Africa Wayside Control Market Absolute Opportunity (US$ Bn), by Centralized Traffic Control, 2022 – 2031

Figure 95: Middle East Africa Wayside Control Market Value Share Analysis, by Country & Sub-region, 2022

Figure 96: Middle East Africa Wayside Control Market Value Share Analysis, by Country & Sub-region, 2031

Figure 97: Saudi Arabia Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 98: United Arab Emirates Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 99: South Africa Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 100: South America Wayside Control Market Revenue Opportunity Share, by Component

Figure 101: South America Wayside Control Market Revenue Opportunity Share, by Application

Figure 102: South America Wayside Control Market Revenue Opportunity Share, by Country & Sub-region

Figure 103: South America Wayside Control Market Value Share Analysis, by Component, 2022

Figure 104: South America Wayside Control Market Value Share Analysis, by Component, 2031

Figure 105: South America Wayside Control Market Absolute Opportunity (US$ Bn), by Hardware, 2022 – 2031

Figure 106: South America Wayside Control Market Absolute Opportunity (US$ Bn), by Software, 2022 – 2031

Figure 107: South America Wayside Control Market Absolute Opportunity (US$ Bn), by Services, 2022 – 2031

Figure 108: South America Wayside Control Market Value Share Analysis, by Application, 2022

Figure 109: South America Wayside Control Market Value Share Analysis, by Application, 2031

Figure 110: South America Wayside Control Market Absolute Opportunity (US$ Bn), by Automatic Train Control, 2022 – 2031

Figure 111: South America Wayside Control Market Absolute Opportunity (US$ Bn), by Centralized Traffic Control, 2022 – 2031

Figure 112: South America Wayside Control Market Value Share Analysis, by Country & Sub-region, 2022

Figure 113: South America Wayside Control Market Value Share Analysis, by Country & Sub-region, 2031

Figure 114: Brazil Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

Figure 115: Argentina Wayside Control Market Opportunity Growth Analysis (US$ Bn) Forecast, 2022 – 2031

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