Railway Telematics Global Market Report 2022 – By Solution (Fleet Management, Automatic Stock Control, Remote Data Access, Railcar Tracking And Tracing), By Railcar (Hoppers, Tank Cars, Well Cars, Boxcars, Refrigerated Boxcars), By Component Type (Telematics Control Unit, Sensors) – Market Size, Trends, And Global Forecast 2022-2026

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The railway telematics market consists of sales of railway telematics solutions and services or related products by entities (organizations, sole traders, and partnerships) that are used to enable communication and data transfer over long distances with wireless mediums. Railway telematics is referred to as the use of informatics and telecommunications in railways and consists of services or solutions using embedded technology and mobile and telematics systems to enable controls on railcars on the move. 

The main railway telematics solutions include fleet management, automatic stock control, remote data access, and railcar tracking and tracing. Fleet management is used to manage railway fleets. These tools ensure the optimal utilization, fuel consumption, and maintenance of railways. The different railway telematics railcars include hoppers, tank cars, well cars, boxcars, and refrigerated boxcars. The railway telematics component types include telematics control units and sensors.

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 size is expected to reach $5.77 billion in 2026 at a CAGR of 8.51%.

The increase in government initiatives for smart railways is significantly driving the growth of the railway telematics market. Governments across the world are undertaking various smart railway initiatives to provide better transportation infrastructure. For instance, in July 2020, the government of China announced the development goal of smart railways using 5G technology and the BeiDou Navigation Satellite System (BDS), including a national railway network exceeding 200,000 kilometers. Also, in November 2021, the government of India announced the development of 102 semi-high-speed Vande Bharat Expresses, and in October 2021, Indian Railways announced a plan to establish approximately 500 multi-modal cargo terminals under the "PM GatiShakti" program, for a total cost of $6.68 billion over five years. Hence, the government's initiatives for smart railways will increase the demand for railway telematics and thereby drive the growth of the railway telematics market.

Strategic partnerships and collaborations are a key trend gaining popularity in the railway telematics market. The strategic partnerships and collaborations in the railway telematics market are enabling competitiveness in the rail sector between freight transportation companies. For instance, in 2020, rail companies in the USA, such as GATX Corporation, Genesee & Wyoming, Watco, Norfolk Southern, and Trinity Rail, have announced a joint venture, Rail Pulse, to involve GPS technologies and other telematics technologies in the future of the American railcar fleet. In March 2020, Netherlands-based Intermodal Telematics BV (IMT) and Germany-based transportation company, VTG AG, entered into a long-term partnership to extend the digitization of VTG’s rail waggon fleet, under which 15,000 rail cars will be equipped with CLT20-Ex GPS units. Also, in January 2022, Italy-based Hitachi Rail made a strategic partnership with Netherlands-based Intermodal Telematics (IMT) to embed the company’s monitoring sensors into Hitachi Rail’s digital freight service.

In September 2020, Omnitracs LLC, a leading provider of fleet management solutions to transportation and logistics companies, announced the acquisition of SmartDrive Systems, Inc. for an undisclosed amount. Through this acquisition, Omnitracs will create an end-to-end platform to optimise safety, driver productivity, and workflow, and also enhance routing dispatch and compliance fright rails. SmartDrive Systems is a US-based driver safety and transportation intelligence company, offering telematics for fleets and drivers on rail transit.

Siemens AG, Hitachi Ltd., Alstom SA, Knorr-Bremse AG, Robert Bosch GmbH, Intermodal Telematics BV, Intrex Telematics, Orbital Communications Corporation, Savvy Telematics, Trinity Industries Inc, Cisco Systems, Inc, Teledyne FLIR LLC, Sumitomo Electric Industries, Ltd, LG CNS, Kapsch TrafficCom AG, Thales Group, Bombardier Inc, General Electric Company, and IBM Corporation are major players in the railway telematic market.

In 2021, North America will be the largest region in the railway telematics market. Asia-Pacific is expected to be the fastest-growing region in the global railway telematics market during the forecast period. The regions covered in the global railway telematics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the railway telematics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The global railway telematics market is segmented -

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

    Table Of Contents

    1. Executive Summary

    2. Railway Telematics Market Characteristics

    3. Railway Telematics Market Trends And Strategies

    4. Impact Of COVID-19 On Railway Telematics

    5. Railway Telematics Market Size And Growth

    5.1. Global Railway Telematics Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Railway Telematics Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Railway Telematics Market Segmentation

    6.1. Global Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Fleet Management

    Automatic Stock Control

    Remote Data Access

    Railcar Tracking And Tracing

    6.2. Global Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Hoppers

    Tank cars

    Well cars

    Boxcars

    Refrigerated Boxcars

    6.3. Global Railway Telematics Market, Segmentation By Component Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Telematics Control Unit

    Sensors

    7. Railway Telematics Market Regional And Country Analysis

    7.1. Global Railway Telematics Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Railway Telematics Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Railway Telematics Market

    8.1. Asia-Pacific Railway Telematics Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Railway Telematics Market

    9.1. China Railway Telematics Market Overview

    9.2. China Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Railway Telematics Market

    10.1. India Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Railway Telematics Market

    11.1. Japan Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Railway Telematics Market

    12.1. Australia Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Railway Telematics Market

    13.1. Indonesia Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Railway Telematics Market

    14.1. South Korea Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Railway Telematics Market

    15.1. Western Europe Railway Telematics Market Overview

    15.2. Western Europe Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Railway Telematics Market

    16.1. UK Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Railway Telematics Market

    17.1. Germany Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Railway Telematics Market

    18.4. France Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Railway Telematics Market

    19.1. Eastern Europe Railway Telematics Market Overview

    19.2. Eastern Europe Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Railway Telematics Market

    20.1. Russia Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Railway Telematics Market

    21.1. North America Railway Telematics Market Overview

    21.2. North America Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Railway Telematics Market

    22.1. USA Railway Telematics Market Overview

    22.2. USA Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Railway Telematics Market

    23.1. South America Railway Telematics Market Overview

    23.2. South America Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Railway Telematics Market

    24.1. Brazil Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Railway Telematics Market

    25.1. Middle East Railway Telematics Market Overview

    25.2. Middle East Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Railway Telematics Market

    26.1. Africa Railway Telematics Market Overview

    26.2. Africa Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Railway Telematics Market Competitive Landscape And Company Profiles

    27.1. Railway Telematics Market Competitive Landscape

    27.2. Railway Telematics Market Company Profiles

    27.2.1. Siemens AG

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Hitachi Ltd.

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Alstom SA

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Knorr-Bremse AG

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Robert Bosch GmbH

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Railway Telematics Market

    29. Railway Telematics Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Railway Telematics Market, Segmentation By Component Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Railway Telematics Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Railway Telematics Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: China, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: India, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: Japan, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Australia, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Indonesia, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: South Korea, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: Western Europe, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: UK, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Germany, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: France, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: Eastern Europe, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Russia, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: North America, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: USA, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: South America, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: Brazil, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Middle East, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Africa, Railway Telematics Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Railway Telematics Market, Segmentation By Railcar, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: Siemens AG Financial Performance
  • Table 47: Hitachi Ltd. Financial Performance
  • Table 48: Alstom SA Financial Performance
  • Table 49: Knorr-Bremse AG Financial Performance
  • Table 50: Robert Bosch GmbH Financial Performance

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