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Global Rail Signalling Market Research Report 2025

Published Date: June 2025

Report Code: QYRE-Auto-14A781

Global Rail Signalling Market Insights Forecast to 2028

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Global Rail Signalling Market Research Report 2025

Code: QYRE-Auto-14A781

Report

June 2025

Pages:71

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

Alstom

Hitachi

CAF

Siemens AG

Wabtec Corporation

China Railway Signal & Communication (CRSC)

Traffic Control Technology Co.,Ltd

Unittec

Shanghai Thales SEC Transport (TST)

Rail Signalling Market Size

The global market for Rail Signalling was valued at US$ 12450 million in the year 2024 and is projected to reach a revised size of US$ 16160 million by 2031, growing at a CAGR of 3.8% during the forecast period.

Rail Signalling Market

Rail signalling refers to the system of signals, communication, and control technologies used to manage train movements across a railway network. It ensures the safe and efficient operation of trains by regulating traffic flow, preventing collisions, and allowing real-time coordination between trains and control centers.

The global rail signalling market is growing steadily due to increasing demand for safe, reliable, and high-capacity transportation. Governments are investing in rail modernization to reduce congestion, lower emissions, and improve connectivity. Asia-Pacific leads the market, driven by extensive railway development in China and India. Europe is also prominent with strong adoption of standardized signalling systems like those under ERTMS. Innovations in AI, IoT, and digital communication are transforming traditional signalling into intelligent systems that enhance automation and real-time control. Although the market faces challenges such as high costs and technical complexity, its long-term outlook remains strong due to ongoing infrastructure upgrades and a global shift toward smart and sustainable transport solutions.

This report aims to provide a comprehensive presentation of the global market for Rail Signalling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rail Signalling.

The Rail Signalling market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Rail Signalling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Rail Signalling companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Rail Signalling Market Report

Report Metric	Details
Report Name	Rail Signalling Market
Accounted market size in year	US$ 12450 million
Forecasted market size in 2031	US$ 16160 million
CAGR	3.8%
Base Year	year
Forecasted years	2025 - 2031
Segment by Type	CBTC System I-CBTC System FAO System
Segment by Application	Urban Rail Transit Mainline Railway
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	China Railway Signal & Communication (CRSC), Alstom, Hitachi, Siemens, CAF, Traffic Control Technology Co.,Ltd., UniTTEC Co., Ltd, Wabtec Corporation, Shanghai Thales SEC Transport (TST)
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Rail Signalling company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Rail Signalling Market growing?

Ans: The Rail Signalling Market witnessing a CAGR of 3.8% during the forecast period 2025-2031.

What is the Rail Signalling Market size in 2031?

Ans: The Rail Signalling Market size in 2031 will be US$ 16160 million.

Who are the main players in the Rail Signalling Market report?

Ans: The main players in the Rail Signalling Market are China Railway Signal & Communication (CRSC), Alstom, Hitachi, Siemens, CAF, Traffic Control Technology Co.,Ltd., UniTTEC Co., Ltd, Wabtec Corporation, Shanghai Thales SEC Transport (TST)

What are the Application segmentation covered in the Rail Signalling Market report?

Ans: The Applications covered in the Rail Signalling Market report are Urban Rail Transit, Mainline Railway

What are the Type segmentation covered in the Rail Signalling Market report?

Ans: The Types covered in the Rail Signalling Market report are CBTC System, I-CBTC System, FAO System

Recommended Reports

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1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Rail Signalling Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 CBTC System

1.2.3 I-CBTC System

1.2.4 FAO System

1.3 Market by Application

1.3.1 Global Rail Signalling Market Growth by Application: 2020 VS 2024 VS 2031

1.3.2 Urban Rail Transit

1.3.3 Mainline Railway

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Rail Signalling Market Perspective (2020-2031)

2.2 Global Rail Signalling Growth Trends by Region

2.2.1 Global Rail Signalling Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Rail Signalling Historic Market Size by Region (2020-2025)

2.2.3 Rail Signalling Forecasted Market Size by Region (2026-2031)

2.3 Rail Signalling Market Dynamics

2.3.1 Rail Signalling Industry Trends

2.3.2 Rail Signalling Market Drivers

2.3.3 Rail Signalling Market Challenges

2.3.4 Rail Signalling Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Rail Signalling Players by Revenue

3.1.1 Global Top Rail Signalling Players by Revenue (2020-2025)

3.1.2 Global Rail Signalling Revenue Market Share by Players (2020-2025)

3.2 Global Top Rail Signalling Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Rail Signalling Revenue

3.4 Global Rail Signalling Market Concentration Ratio

3.4.1 Global Rail Signalling Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Rail Signalling Revenue in 2024

3.5 Global Key Players of Rail Signalling Head office and Area Served

3.6 Global Key Players of Rail Signalling, Product and Application

3.7 Global Key Players of Rail Signalling, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Rail Signalling Breakdown Data by Type

4.1 Global Rail Signalling Historic Market Size by Type (2020-2025)

4.2 Global Rail Signalling Forecasted Market Size by Type (2026-2031)

5 Rail Signalling Breakdown Data by Application

5.1 Global Rail Signalling Historic Market Size by Application (2020-2025)

5.2 Global Rail Signalling Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Rail Signalling Market Size (2020-2031)

6.2 North America Rail Signalling Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Rail Signalling Market Size by Country (2020-2025)

6.4 North America Rail Signalling Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Rail Signalling Market Size (2020-2031)

7.2 Europe Rail Signalling Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Rail Signalling Market Size by Country (2020-2025)

7.4 Europe Rail Signalling Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Rail Signalling Market Size (2020-2031)

8.2 Asia-Pacific Rail Signalling Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Rail Signalling Market Size by Region (2020-2025)

8.4 Asia-Pacific Rail Signalling Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Rail Signalling Market Size (2020-2031)

9.2 Latin America Rail Signalling Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Rail Signalling Market Size by Country (2020-2025)

9.4 Latin America Rail Signalling Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Rail Signalling Market Size (2020-2031)

10.2 Middle East & Africa Rail Signalling Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Rail Signalling Market Size by Country (2020-2025)

10.4 Middle East & Africa Rail Signalling Market Size by Country (2026-2031)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 China Railway Signal & Communication (CRSC)

11.1.1 China Railway Signal & Communication (CRSC) Company Details

11.1.2 China Railway Signal & Communication (CRSC) Business Overview

11.1.3 China Railway Signal & Communication (CRSC) Rail Signalling Introduction

11.1.4 China Railway Signal & Communication (CRSC) Revenue in Rail Signalling Business (2020-2025)

11.1.5 China Railway Signal & Communication (CRSC) Recent Development

11.2 Alstom

11.2.1 Alstom Company Details

11.2.2 Alstom Business Overview

11.2.3 Alstom Rail Signalling Introduction

11.2.4 Alstom Revenue in Rail Signalling Business (2020-2025)

11.2.5 Alstom Recent Development

11.3 Hitachi

11.3.1 Hitachi Company Details

11.3.2 Hitachi Business Overview

11.3.3 Hitachi Rail Signalling Introduction

11.3.4 Hitachi Revenue in Rail Signalling Business (2020-2025)

11.3.5 Hitachi Recent Development

11.4 Siemens

11.4.1 Siemens Company Details

11.4.2 Siemens Business Overview

11.4.3 Siemens Rail Signalling Introduction

11.4.4 Siemens Revenue in Rail Signalling Business (2020-2025)

11.4.5 Siemens Recent Development

11.5 CAF

11.5.1 CAF Company Details

11.5.2 CAF Business Overview

11.5.3 CAF Rail Signalling Introduction

11.5.4 CAF Revenue in Rail Signalling Business (2020-2025)

11.5.5 CAF Recent Development

11.6 Traffic Control Technology Co.,Ltd.

11.6.1 Traffic Control Technology Co.,Ltd. Company Details

11.6.2 Traffic Control Technology Co.,Ltd. Business Overview

11.6.3 Traffic Control Technology Co.,Ltd. Rail Signalling Introduction

11.6.4 Traffic Control Technology Co.,Ltd. Revenue in Rail Signalling Business (2020-2025)

11.6.5 Traffic Control Technology Co.,Ltd. Recent Development

11.7 UniTTEC Co., Ltd

11.7.1 UniTTEC Co., Ltd Company Details

11.7.2 UniTTEC Co., Ltd Business Overview

11.7.3 UniTTEC Co., Ltd Rail Signalling Introduction

11.7.4 UniTTEC Co., Ltd Revenue in Rail Signalling Business (2020-2025)

11.7.5 UniTTEC Co., Ltd Recent Development

11.8 Wabtec Corporation

11.8.1 Wabtec Corporation Company Details

11.8.2 Wabtec Corporation Business Overview

11.8.3 Wabtec Corporation Rail Signalling Introduction

11.8.4 Wabtec Corporation Revenue in Rail Signalling Business (2020-2025)

11.8.5 Wabtec Corporation Recent Development

11.9 Shanghai Thales SEC Transport (TST)

11.9.1 Shanghai Thales SEC Transport (TST) Company Details

11.9.2 Shanghai Thales SEC Transport (TST) Business Overview

11.9.3 Shanghai Thales SEC Transport (TST) Rail Signalling Introduction

11.9.4 Shanghai Thales SEC Transport (TST) Revenue in Rail Signalling Business (2020-2025)

11.9.5 Shanghai Thales SEC Transport (TST) Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

Alstom

Hitachi

CAF

Siemens AG

Wabtec Corporation

China Railway Signal & Communication (CRSC)

Traffic Control Technology Co.,Ltd

Unittec

Shanghai Thales SEC Transport (TST)

List of Tables

Table 1. Global Rail Signalling Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of CBTC System

Table 3. Key Players of I-CBTC System

Table 4. Key Players of FAO System

Table 5. Global Rail Signalling Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 6. Global Rail Signalling Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 7. Global Rail Signalling Market Size by Region (2020-2025) & (US$ Million)

Table 8. Global Rail Signalling Market Share by Region (2020-2025)

Table 9. Global Rail Signalling Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 10. Global Rail Signalling Market Share by Region (2026-2031)

Table 11. Rail Signalling Market Trends

Table 12. Rail Signalling Market Drivers

Table 13. Rail Signalling Market Challenges

Table 14. Rail Signalling Market Restraints

Table 15. Global Rail Signalling Revenue by Players (2020-2025) & (US$ Million)

Table 16. Global Rail Signalling Market Share by Players (2020-2025)

Table 17. Global Top Rail Signalling Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Rail Signalling as of 2024)

Table 18. Ranking of Global Top Rail Signalling Companies by Revenue (US$ Million) in 2024

Table 19. Global 5 Largest Players Market Share by Rail Signalling Revenue (CR5 and HHI) & (2020-2025)

Table 20. Global Key Players of Rail Signalling, Headquarters and Area Served

Table 21. Global Key Players of Rail Signalling, Product and Application

Table 22. Global Key Players of Rail Signalling, Date of Enter into This Industry

Table 23. Mergers & Acquisitions, Expansion Plans

Table 24. Global Rail Signalling Market Size by Type (2020-2025) & (US$ Million)

Table 25. Global Rail Signalling Revenue Market Share by Type (2020-2025)

Table 26. Global Rail Signalling Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 27. Global Rail Signalling Revenue Market Share by Type (2026-2031)

Table 28. Global Rail Signalling Market Size by Application (2020-2025) & (US$ Million)

Table 29. Global Rail Signalling Revenue Market Share by Application (2020-2025)

Table 30. Global Rail Signalling Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 31. Global Rail Signalling Revenue Market Share by Application (2026-2031)

Table 32. North America Rail Signalling Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 33. North America Rail Signalling Market Size by Country (2020-2025) & (US$ Million)

Table 34. North America Rail Signalling Market Size by Country (2026-2031) & (US$ Million)

Table 35. Europe Rail Signalling Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 36. Europe Rail Signalling Market Size by Country (2020-2025) & (US$ Million)

Table 37. Europe Rail Signalling Market Size by Country (2026-2031) & (US$ Million)

Table 38. Asia-Pacific Rail Signalling Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 39. Asia-Pacific Rail Signalling Market Size by Region (2020-2025) & (US$ Million)

Table 40. Asia-Pacific Rail Signalling Market Size by Region (2026-2031) & (US$ Million)

Table 41. Latin America Rail Signalling Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 42. Latin America Rail Signalling Market Size by Country (2020-2025) & (US$ Million)

Table 43. Latin America Rail Signalling Market Size by Country (2026-2031) & (US$ Million)

Table 44. Middle East & Africa Rail Signalling Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 45. Middle East & Africa Rail Signalling Market Size by Country (2020-2025) & (US$ Million)

Table 46. Middle East & Africa Rail Signalling Market Size by Country (2026-2031) & (US$ Million)

Table 47. China Railway Signal & Communication (CRSC) Company Details

Table 48. China Railway Signal & Communication (CRSC) Business Overview

Table 49. China Railway Signal & Communication (CRSC) Rail Signalling Product

Table 50. China Railway Signal & Communication (CRSC) Revenue in Rail Signalling Business (2020-2025) & (US$ Million)

Table 51. China Railway Signal & Communication (CRSC) Recent Development

Table 52. Alstom Company Details

Table 53. Alstom Business Overview

Table 54. Alstom Rail Signalling Product

Table 55. Alstom Revenue in Rail Signalling Business (2020-2025) & (US$ Million)

Table 56. Alstom Recent Development

Table 57. Hitachi Company Details

Table 58. Hitachi Business Overview

Table 59. Hitachi Rail Signalling Product

Table 60. Hitachi Revenue in Rail Signalling Business (2020-2025) & (US$ Million)

Table 61. Hitachi Recent Development

Table 62. Siemens Company Details

Table 63. Siemens Business Overview

Table 64. Siemens Rail Signalling Product

Table 65. Siemens Revenue in Rail Signalling Business (2020-2025) & (US$ Million)

Table 66. Siemens Recent Development

Table 67. CAF Company Details

Table 68. CAF Business Overview

Table 69. CAF Rail Signalling Product

Table 70. CAF Revenue in Rail Signalling Business (2020-2025) & (US$ Million)

Table 71. CAF Recent Development

Table 72. Traffic Control Technology Co.,Ltd. Company Details

Table 73. Traffic Control Technology Co.,Ltd. Business Overview

Table 74. Traffic Control Technology Co.,Ltd. Rail Signalling Product

Table 75. Traffic Control Technology Co.,Ltd. Revenue in Rail Signalling Business (2020-2025) & (US$ Million)

Table 76. Traffic Control Technology Co.,Ltd. Recent Development

Table 77. UniTTEC Co., Ltd Company Details

Table 78. UniTTEC Co., Ltd Business Overview

Table 79. UniTTEC Co., Ltd Rail Signalling Product

Table 80. UniTTEC Co., Ltd Revenue in Rail Signalling Business (2020-2025) & (US$ Million)

Table 81. UniTTEC Co., Ltd Recent Development

Table 82. Wabtec Corporation Company Details

Table 83. Wabtec Corporation Business Overview

Table 84. Wabtec Corporation Rail Signalling Product

Table 85. Wabtec Corporation Revenue in Rail Signalling Business (2020-2025) & (US$ Million)

Table 86. Wabtec Corporation Recent Development

Table 87. Shanghai Thales SEC Transport (TST) Company Details

Table 88. Shanghai Thales SEC Transport (TST) Business Overview

Table 89. Shanghai Thales SEC Transport (TST) Rail Signalling Product

Table 90. Shanghai Thales SEC Transport (TST) Revenue in Rail Signalling Business (2020-2025) & (US$ Million)

Table 91. Shanghai Thales SEC Transport (TST) Recent Development

Table 92. Research Programs/Design for This Report

Table 93. Key Data Information from Secondary Sources

Table 94. Key Data Information from Primary Sources

Table 95. Authors List of This Report

List of Figures

Figure 1. Rail Signalling Picture

Figure 2. Global Rail Signalling Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Rail Signalling Market Share by Type: 2024 VS 2031

Figure 4. CBTC System Features

Figure 5. I-CBTC System Features

Figure 6. FAO System Features

Figure 7. Global Rail Signalling Market Size by Application (2020-2031) & (US$ Million)

Figure 8. Global Rail Signalling Market Share by Application: 2024 VS 2031

Figure 9. Urban Rail Transit Case Studies

Figure 10. Mainline Railway Case Studies

Figure 11. Rail Signalling Report Years Considered

Figure 12. Global Rail Signalling Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 13. Global Rail Signalling Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 14. Global Rail Signalling Market Share by Region: 2024 VS 2031

Figure 15. Global Rail Signalling Market Share by Players in 2024

Figure 16. Global Rail Signalling Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

Figure 17. The Top 10 and 5 Players Market Share by Rail Signalling Revenue in 2024

Figure 18. North America Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 19. North America Rail Signalling Market Share by Country (2020-2031)

Figure 20. United States Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 21. Canada Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 22. Europe Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 23. Europe Rail Signalling Market Share by Country (2020-2031)

Figure 24. Germany Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 25. France Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 26. U.K. Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 27. Italy Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 28. Russia Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 29. Nordic Countries Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. Asia-Pacific Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 31. Asia-Pacific Rail Signalling Market Share by Region (2020-2031)

Figure 32. China Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 33. Japan Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 34. South Korea Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 35. Southeast Asia Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 36. India Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 37. Australia Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. Latin America Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 39. Latin America Rail Signalling Market Share by Country (2020-2031)

Figure 40. Mexico Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 41. Brazil Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 42. Middle East & Africa Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 43. Middle East & Africa Rail Signalling Market Share by Country (2020-2031)

Figure 44. Turkey Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 45. Saudi Arabia Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 46. UAE Rail Signalling Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 47. China Railway Signal & Communication (CRSC) Revenue Growth Rate in Rail Signalling Business (2020-2025)

Figure 48. Alstom Revenue Growth Rate in Rail Signalling Business (2020-2025)

Figure 49. Hitachi Revenue Growth Rate in Rail Signalling Business (2020-2025)

Figure 50. Siemens Revenue Growth Rate in Rail Signalling Business (2020-2025)

Figure 51. CAF Revenue Growth Rate in Rail Signalling Business (2020-2025)

Figure 52. Traffic Control Technology Co.,Ltd. Revenue Growth Rate in Rail Signalling Business (2020-2025)

Figure 53. UniTTEC Co., Ltd Revenue Growth Rate in Rail Signalling Business (2020-2025)

Figure 54. Wabtec Corporation Revenue Growth Rate in Rail Signalling Business (2020-2025)

Figure 55. Shanghai Thales SEC Transport (TST) Revenue Growth Rate in Rail Signalling Business (2020-2025)

Figure 56. Bottom-up and Top-down Approaches for This Report

Figure 57. Data Triangulation

Figure 58. Key Executives Interviewed

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