The Worldwide Market for Railway Connectors to 2023 - The Signaling/Infrastructure Segment is Expected to Be the Fastest-Growing Platform Segment

12/10/2018, 12:12 PM (Source: GlobeNewswire)

Dublin, Dec. 10, 2018 (GLOBE NEWSWIRE) -- The "Railway Connectors Market by Application (Diesel Multiple Units (DMUs), Electric Multiple Units (EMUs), Light Rails/Trams, Subways/Metros, Passenger Coaches), Platform, Component, Connector Type, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The railway connectors market size is expected to grow from USD 802 million in 2018 to USD 1,069 million by 2023, at a Compound Annual Growth Rate (CAGR) of 5.92% during the forecast period.

Leisure travel is becoming increasingly popular across the globe, thereby leading to a substantial increase in the demand for long-distance high-speed rail services as well as local rails for tourists using public transport. As such, efforts are being made across the globe to increase the comfort level of passengers traveling by trains and reduce the intercity travel time taken by them.

The signaling/infrastructure segment is expected to be the fastest-growing platform segment in the railway connectors market. In railway connectors market, signaling is one of the most important functions that provides ease in operations and increase safety for trains. A signaling system receives and analyzes the track data from different locations and base station radios along with the planned route. The data is converted to an electronic signal which warns the rail engineers about the movement authority limits, speed limits, and track conditions ahead.

The connector body is expected to be the largest connector type segment in the railway connectors market. The connector body is the most commonly used type of connector, from traditional industry-standard connectors to innovative new designs, because it has been the standard for a long time. The connector body is used widely in modular machine design, factory automation, robotics, transportation, and power generation.

The railway connectors market in the Middle East & Africa region is projected to grow at the highest CAGR market during the forecast period. The Middle East region possesses significant growth opportunities for railway transportation. The region's metro and monorail rail networks are expected to double in the coming years in terms of kilometers. Dubai, with increasing railway projects and government spending on upgrading railway infrastructure, is projected to drive the Middle East & Africa railway connectors market.

TE Connectivity (Switzerland), Amphenol Corporation (US), Molex Incorporated (US), ITT (US), Smith's Interconnect (US), Fischer Connectors (Switzerland), Schaltbau (Germany) are some of the leading players covered in the railway connectors market report.

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Railway Connectors Market, 2018-2023
4.2 Railway Connectors Market, By Platform
4.3 Railway Connectors Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 Drivers
5.3.1 Increased Number of Passengers Opting for Railways as Mode of Transport
5.3.2 Increased Demand for Different Types of Wagons
5.3.3 Adoption of Driverless Trains By Several Countries
5.4 Opportunities
5.4.1 Development of New and Advanced Systems Suitable for Complex Data Communication
5.4.2 Development of Intelligent Rail Systems and Incorporation of Big Data in the Rail Industry
5.5 Challenges
5.5.1 High Overhaul and Maintenance Costs of Rolling Stocks
5.5.2 Increased Complexity in Train Systems Due to Wiring

6 Industry Trends
6.1 Introduction
6.2 Railway Connectors Evolution
6.3 Technology Trends
6.3.1 Digital Technology for Signaling Equipment
6.3.1.1 Wi-Fi Services
6.3.1.2 On-Board Entertainment
6.3.2 Communication/Computer-Based Train Control (CBTC)
6.3.3 Integrated IP Based Passenger Information System for Rolling Stock Application
6.3.4 Rugged Connectors
6.3.5 Automatic/Integrated Train Control (ATC)
6.3.6 High-Voltage Solutions for Railway Technologies
6.4 Regulatory Landscape
6.4.1 Component Design
6.4.2 Railway Operations
6.4.2.1 Durability
6.4.2.2 Reparability
6.4.3 Manufacturing
6.4.3.1 Raw Material
6.4.3.2 Reproducibility

7 Railway Connectors Market, By Connector Type
7.1 Introduction
7.2 Broad Level Connectors/PCB Connectors
7.3 Power Connectors
7.4 RF/HF Coaxial Connectors
7.5 Data Connectors
7.6 Pogo Pin Connectors/Spring Load Connectors
7.7 Modular & Mix Connectors

8 Railway Connectors Market, By Component
8.1 Introduction
8.2 Connectors Body
8.2.1 Circular
8.2.2 Rectangular
8.3 Backshell
8.3.1 Composite
8.3.2 Metallic

9 Railway Connectors Market, By Platform
9.1 Introduction
9.2 Rolling Stock
9.3 Signaling/Infrastructure

10 Railway Connectors Market, By Application
10.1 Introduction
10.2 Diesel Multiple Units (DMUS)
10.3 Electric Multiple Units (EMUS)
10.4 Light Rails/Trams
10.5 Subways/Metros
10.6 Passenger Coaches

11 Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Mexico
11.2.3 Canada
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 UK
11.3.4 Italy
11.3.5 Spain
11.3.6 Switzerland
11.4 Asia Oceania
11.4.1 China
11.4.2 India
11.4.3 Japan
11.4.4 South Korea
11.4.5 Australia
11.5 Middle East & Africa
11.5.1 South Africa
11.5.2 UAE
11.5.3 Egypt
11.5.4 Iran
11.6 Rest of the World
11.6.1 Brazil
11.6.2 Russia

12 Competitive Landscape
12.1 Introduction
12.2 Market Ranking Analysis
12.3 Competitive Scenario
12.3.1 New Product Developments
12.3.2 Acquisitions

13 Company Profiles
13.1 Te Connectivity
13.2 Amphenol Corporation
13.3 Molex Incorporated
13.4 ITT
13.5 Smiths Interconnect
13.6 Fischer Connectors
13.7 Esterline Technologies
13.8 Schaltbau
13.9 Sichuan Yonggui Science and Technology
13.10 TT Electronics
13.11 Nexans
13.12 Stubli Electrical Connectors
13.13 Harting Technology

For more information about this report visit https://www.researchandmarkets.com/research/m6tbzg/the_worldwide?w=12

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