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Global Rail Signalling Systems Market Research Report 2025
Published Date: August 2025
|
Report Code: QYRE-Auto-20D104
Home | Market Reports | Business & Industrial| Transportation & Logistics| Rail Transport
Global Rail Signalling Systems Market Insights and Forecast to 2028
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Global Rail Signalling Systems Market Research Report 2025

Code: QYRE-Auto-20D104
Report
August 2025
Pages:88
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Hitachi
Alstom
Siemens AG
Unittec
Wabtec Corporation
CAF
China Railway Signal & Communication (CRSC)
CRSC
Thales Group
Bombardier
Traffic Control Technology
KYOSAN

Rail Signalling Systems Market Size

The global market for Rail Signalling Systems was valued at US$ 11170 million in the year 2024 and is projected to reach a revised size of US$ 17820 million by 2031, growing at a CAGR of 7.0% during the forecast period.

Rail Signalling Systems Market

Rail Signalling Systems Market

According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
This report aims to provide a comprehensive presentation of the global market for Rail Signalling Systems, 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 Systems.
The Rail Signalling Systems 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 Systems 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 Systems 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 Systems Market Report

Report Metric Details
Report Name Rail Signalling Systems Market
Accounted market size in year US$ 11170 million
Forecasted market size in 2031 US$ 17820 million
CAGR 7.0%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
Segment by Application
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 CRSC, Alstom, Hitachi, Thales Group, Bombardier, Siemens, Traffic Control Technology, KYOSAN, Unittec, Wabtec Corporation, CAF
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 Systems 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 Systems Market growing?

Ans: The Rail Signalling Systems Market witnessing a CAGR of 7.0% during the forecast period 2025-2031.

What is the Rail Signalling Systems Market size in 2031?

Ans: The Rail Signalling Systems Market size in 2031 will be US$ 17820 million.

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

Ans: The main players in the Rail Signalling Systems Market are CRSC, Alstom, Hitachi, Thales Group, Bombardier, Siemens, Traffic Control Technology, KYOSAN, Unittec, Wabtec Corporation, CAF

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

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

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

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

Recommended Reports

Rail Signalling Systems

Rail Transit Technologies

Rail Transit Components

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Rail Signalling Systems Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Basic CBTC
1.2.3 I-CBTC
1.2.4 FAO
1.3 Market by Application
1.3.1 Global Rail Signalling Systems Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Urban Rail
1.3.3 Mainline
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Rail Signalling Systems Market Perspective (2020-2031)
2.2 Global Rail Signalling Systems Growth Trends by Region
2.2.1 Global Rail Signalling Systems Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Rail Signalling Systems Historic Market Size by Region (2020-2025)
2.2.3 Rail Signalling Systems Forecasted Market Size by Region (2026-2031)
2.3 Rail Signalling Systems Market Dynamics
2.3.1 Rail Signalling Systems Industry Trends
2.3.2 Rail Signalling Systems Market Drivers
2.3.3 Rail Signalling Systems Market Challenges
2.3.4 Rail Signalling Systems Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Rail Signalling Systems Players by Revenue
3.1.1 Global Top Rail Signalling Systems Players by Revenue (2020-2025)
3.1.2 Global Rail Signalling Systems Revenue Market Share by Players (2020-2025)
3.2 Global Rail Signalling Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Rail Signalling Systems Revenue
3.4 Global Rail Signalling Systems Market Concentration Ratio
3.4.1 Global Rail Signalling Systems Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Rail Signalling Systems Revenue in 2024
3.5 Global Key Players of Rail Signalling Systems Head office and Area Served
3.6 Global Key Players of Rail Signalling Systems, Product and Application
3.7 Global Key Players of Rail Signalling Systems, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Rail Signalling Systems Breakdown Data by Type
4.1 Global Rail Signalling Systems Historic Market Size by Type (2020-2025)
4.2 Global Rail Signalling Systems Forecasted Market Size by Type (2026-2031)
5 Rail Signalling Systems Breakdown Data by Application
5.1 Global Rail Signalling Systems Historic Market Size by Application (2020-2025)
5.2 Global Rail Signalling Systems Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Rail Signalling Systems Market Size (2020-2031)
6.2 North America Rail Signalling Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Rail Signalling Systems Market Size by Country (2020-2025)
6.4 North America Rail Signalling Systems Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Rail Signalling Systems Market Size (2020-2031)
7.2 Europe Rail Signalling Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Rail Signalling Systems Market Size by Country (2020-2025)
7.4 Europe Rail Signalling Systems 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 Systems Market Size (2020-2031)
8.2 Asia-Pacific Rail Signalling Systems Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Rail Signalling Systems Market Size by Region (2020-2025)
8.4 Asia-Pacific Rail Signalling Systems 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 Systems Market Size (2020-2031)
9.2 Latin America Rail Signalling Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Rail Signalling Systems Market Size by Country (2020-2025)
9.4 Latin America Rail Signalling Systems Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Rail Signalling Systems Market Size (2020-2031)
10.2 Middle East & Africa Rail Signalling Systems Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Rail Signalling Systems Market Size by Country (2020-2025)
10.4 Middle East & Africa Rail Signalling Systems Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 CRSC
11.1.1 CRSC Company Details
11.1.2 CRSC Business Overview
11.1.3 CRSC Rail Signalling Systems Introduction
11.1.4 CRSC Revenue in Rail Signalling Systems Business (2020-2025)
11.1.5 CRSC Recent Development
11.2 Alstom
11.2.1 Alstom Company Details
11.2.2 Alstom Business Overview
11.2.3 Alstom Rail Signalling Systems Introduction
11.2.4 Alstom Revenue in Rail Signalling Systems 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 Systems Introduction
11.3.4 Hitachi Revenue in Rail Signalling Systems Business (2020-2025)
11.3.5 Hitachi Recent Development
11.4 Thales Group
11.4.1 Thales Group Company Details
11.4.2 Thales Group Business Overview
11.4.3 Thales Group Rail Signalling Systems Introduction
11.4.4 Thales Group Revenue in Rail Signalling Systems Business (2020-2025)
11.4.5 Thales Group Recent Development
11.5 Bombardier
11.5.1 Bombardier Company Details
11.5.2 Bombardier Business Overview
11.5.3 Bombardier Rail Signalling Systems Introduction
11.5.4 Bombardier Revenue in Rail Signalling Systems Business (2020-2025)
11.5.5 Bombardier Recent Development
11.6 Siemens
11.6.1 Siemens Company Details
11.6.2 Siemens Business Overview
11.6.3 Siemens Rail Signalling Systems Introduction
11.6.4 Siemens Revenue in Rail Signalling Systems Business (2020-2025)
11.6.5 Siemens Recent Development
11.7 Traffic Control Technology
11.7.1 Traffic Control Technology Company Details
11.7.2 Traffic Control Technology Business Overview
11.7.3 Traffic Control Technology Rail Signalling Systems Introduction
11.7.4 Traffic Control Technology Revenue in Rail Signalling Systems Business (2020-2025)
11.7.5 Traffic Control Technology Recent Development
11.8 KYOSAN
11.8.1 KYOSAN Company Details
11.8.2 KYOSAN Business Overview
11.8.3 KYOSAN Rail Signalling Systems Introduction
11.8.4 KYOSAN Revenue in Rail Signalling Systems Business (2020-2025)
11.8.5 KYOSAN Recent Development
11.9 Unittec
11.9.1 Unittec Company Details
11.9.2 Unittec Business Overview
11.9.3 Unittec Rail Signalling Systems Introduction
11.9.4 Unittec Revenue in Rail Signalling Systems Business (2020-2025)
11.9.5 Unittec Recent Development
11.10 Wabtec Corporation
11.10.1 Wabtec Corporation Company Details
11.10.2 Wabtec Corporation Business Overview
11.10.3 Wabtec Corporation Rail Signalling Systems Introduction
11.10.4 Wabtec Corporation Revenue in Rail Signalling Systems Business (2020-2025)
11.10.5 Wabtec Corporation Recent Development
11.11 CAF
11.11.1 CAF Company Details
11.11.2 CAF Business Overview
11.11.3 CAF Rail Signalling Systems Introduction
11.11.4 CAF Revenue in Rail Signalling Systems Business (2020-2025)
11.11.5 CAF 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
Hitachi
Alstom
Siemens AG
Unittec
Wabtec Corporation
CAF
China Railway Signal & Communication (CRSC)
CRSC
Thales Group
Bombardier
Traffic Control Technology
KYOSAN
List of Tables
 Table 1. Global Rail Signalling Systems Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Basic CBTC
 Table 3. Key Players of I-CBTC
 Table 4. Key Players of FAO
 Table 5. Global Rail Signalling Systems Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 6. Global Rail Signalling Systems Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 7. Global Rail Signalling Systems Market Size by Region (2020-2025) & (US$ Million)
 Table 8. Global Rail Signalling Systems Market Share by Region (2020-2025)
 Table 9. Global Rail Signalling Systems Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 10. Global Rail Signalling Systems Market Share by Region (2026-2031)
 Table 11. Rail Signalling Systems Market Trends
 Table 12. Rail Signalling Systems Market Drivers
 Table 13. Rail Signalling Systems Market Challenges
 Table 14. Rail Signalling Systems Market Restraints
 Table 15. Global Rail Signalling Systems Revenue by Players (2020-2025) & (US$ Million)
 Table 16. Global Rail Signalling Systems Market Share by Players (2020-2025)
 Table 17. Global Top Rail Signalling Systems Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Rail Signalling Systems as of 2024)
 Table 18. Ranking of Global Top Rail Signalling Systems Companies by Revenue (US$ Million) in 2024
 Table 19. Global 5 Largest Players Market Share by Rail Signalling Systems Revenue (CR5 and HHI) & (2020-2025)
 Table 20. Global Key Players of Rail Signalling Systems, Headquarters and Area Served
 Table 21. Global Key Players of Rail Signalling Systems, Product and Application
 Table 22. Global Key Players of Rail Signalling Systems, Date of Enter into This Industry
 Table 23. Mergers & Acquisitions, Expansion Plans
 Table 24. Global Rail Signalling Systems Market Size by Type (2020-2025) & (US$ Million)
 Table 25. Global Rail Signalling Systems Revenue Market Share by Type (2020-2025)
 Table 26. Global Rail Signalling Systems Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 27. Global Rail Signalling Systems Revenue Market Share by Type (2026-2031)
 Table 28. Global Rail Signalling Systems Market Size by Application (2020-2025) & (US$ Million)
 Table 29. Global Rail Signalling Systems Revenue Market Share by Application (2020-2025)
 Table 30. Global Rail Signalling Systems Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 31. Global Rail Signalling Systems Revenue Market Share by Application (2026-2031)
 Table 32. North America Rail Signalling Systems Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 33. North America Rail Signalling Systems Market Size by Country (2020-2025) & (US$ Million)
 Table 34. North America Rail Signalling Systems Market Size by Country (2026-2031) & (US$ Million)
 Table 35. Europe Rail Signalling Systems Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 36. Europe Rail Signalling Systems Market Size by Country (2020-2025) & (US$ Million)
 Table 37. Europe Rail Signalling Systems Market Size by Country (2026-2031) & (US$ Million)
 Table 38. Asia-Pacific Rail Signalling Systems Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 39. Asia-Pacific Rail Signalling Systems Market Size by Region (2020-2025) & (US$ Million)
 Table 40. Asia-Pacific Rail Signalling Systems Market Size by Region (2026-2031) & (US$ Million)
 Table 41. Latin America Rail Signalling Systems Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 42. Latin America Rail Signalling Systems Market Size by Country (2020-2025) & (US$ Million)
 Table 43. Latin America Rail Signalling Systems Market Size by Country (2026-2031) & (US$ Million)
 Table 44. Middle East & Africa Rail Signalling Systems Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 45. Middle East & Africa Rail Signalling Systems Market Size by Country (2020-2025) & (US$ Million)
 Table 46. Middle East & Africa Rail Signalling Systems Market Size by Country (2026-2031) & (US$ Million)
 Table 47. CRSC Company Details
 Table 48. CRSC Business Overview
 Table 49. CRSC Rail Signalling Systems Product
 Table 50. CRSC Revenue in Rail Signalling Systems Business (2020-2025) & (US$ Million)
 Table 51. CRSC Recent Development
 Table 52. Alstom Company Details
 Table 53. Alstom Business Overview
 Table 54. Alstom Rail Signalling Systems Product
 Table 55. Alstom Revenue in Rail Signalling Systems 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 Systems Product
 Table 60. Hitachi Revenue in Rail Signalling Systems Business (2020-2025) & (US$ Million)
 Table 61. Hitachi Recent Development
 Table 62. Thales Group Company Details
 Table 63. Thales Group Business Overview
 Table 64. Thales Group Rail Signalling Systems Product
 Table 65. Thales Group Revenue in Rail Signalling Systems Business (2020-2025) & (US$ Million)
 Table 66. Thales Group Recent Development
 Table 67. Bombardier Company Details
 Table 68. Bombardier Business Overview
 Table 69. Bombardier Rail Signalling Systems Product
 Table 70. Bombardier Revenue in Rail Signalling Systems Business (2020-2025) & (US$ Million)
 Table 71. Bombardier Recent Development
 Table 72. Siemens Company Details
 Table 73. Siemens Business Overview
 Table 74. Siemens Rail Signalling Systems Product
 Table 75. Siemens Revenue in Rail Signalling Systems Business (2020-2025) & (US$ Million)
 Table 76. Siemens Recent Development
 Table 77. Traffic Control Technology Company Details
 Table 78. Traffic Control Technology Business Overview
 Table 79. Traffic Control Technology Rail Signalling Systems Product
 Table 80. Traffic Control Technology Revenue in Rail Signalling Systems Business (2020-2025) & (US$ Million)
 Table 81. Traffic Control Technology Recent Development
 Table 82. KYOSAN Company Details
 Table 83. KYOSAN Business Overview
 Table 84. KYOSAN Rail Signalling Systems Product
 Table 85. KYOSAN Revenue in Rail Signalling Systems Business (2020-2025) & (US$ Million)
 Table 86. KYOSAN Recent Development
 Table 87. Unittec Company Details
 Table 88. Unittec Business Overview
 Table 89. Unittec Rail Signalling Systems Product
 Table 90. Unittec Revenue in Rail Signalling Systems Business (2020-2025) & (US$ Million)
 Table 91. Unittec Recent Development
 Table 92. Wabtec Corporation Company Details
 Table 93. Wabtec Corporation Business Overview
 Table 94. Wabtec Corporation Rail Signalling Systems Product
 Table 95. Wabtec Corporation Revenue in Rail Signalling Systems Business (2020-2025) & (US$ Million)
 Table 96. Wabtec Corporation Recent Development
 Table 97. CAF Company Details
 Table 98. CAF Business Overview
 Table 99. CAF Rail Signalling Systems Product
 Table 100. CAF Revenue in Rail Signalling Systems Business (2020-2025) & (US$ Million)
 Table 101. CAF Recent Development
 Table 102. Research Programs/Design for This Report
 Table 103. Key Data Information from Secondary Sources
 Table 104. Key Data Information from Primary Sources
 Table 105. Authors List of This Report


List of Figures
 Figure 1. Rail Signalling Systems Picture
 Figure 2. Global Rail Signalling Systems Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Rail Signalling Systems Market Share by Type: 2024 VS 2031
 Figure 4. Basic CBTC Features
 Figure 5. I-CBTC Features
 Figure 6. FAO Features
 Figure 7. Global Rail Signalling Systems Market Size by Application (2020-2031) & (US$ Million)
 Figure 8. Global Rail Signalling Systems Market Share by Application: 2024 VS 2031
 Figure 9. Urban Rail Case Studies
 Figure 10. Mainline Case Studies
 Figure 11. Rail Signalling Systems Report Years Considered
 Figure 12. Global Rail Signalling Systems Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 13. Global Rail Signalling Systems Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Rail Signalling Systems Market Share by Region: 2024 VS 2031
 Figure 15. Global Rail Signalling Systems Market Share by Players in 2024
 Figure 16. Global Top Rail Signalling Systems Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Rail Signalling Systems as of 2024)
 Figure 17. The Top 10 and 5 Players Market Share by Rail Signalling Systems Revenue in 2024
 Figure 18. North America Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 19. North America Rail Signalling Systems Market Share by Country (2020-2031)
 Figure 20. United States Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 21. Canada Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 22. Europe Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 23. Europe Rail Signalling Systems Market Share by Country (2020-2031)
 Figure 24. Germany Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 25. France Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 26. U.K. Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 27. Italy Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. Russia Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. Nordic Countries Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Asia-Pacific Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Asia-Pacific Rail Signalling Systems Market Share by Region (2020-2031)
 Figure 32. China Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. Japan Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. South Korea Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 35. Southeast Asia Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. India Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. Australia Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Latin America Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. Latin America Rail Signalling Systems Market Share by Country (2020-2031)
 Figure 40. Mexico Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Brazil Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Middle East & Africa Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 43. Middle East & Africa Rail Signalling Systems Market Share by Country (2020-2031)
 Figure 44. Turkey Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Saudi Arabia Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. UAE Rail Signalling Systems Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 47. CRSC Revenue Growth Rate in Rail Signalling Systems Business (2020-2025)
 Figure 48. Alstom Revenue Growth Rate in Rail Signalling Systems Business (2020-2025)
 Figure 49. Hitachi Revenue Growth Rate in Rail Signalling Systems Business (2020-2025)
 Figure 50. Thales Group Revenue Growth Rate in Rail Signalling Systems Business (2020-2025)
 Figure 51. Bombardier Revenue Growth Rate in Rail Signalling Systems Business (2020-2025)
 Figure 52. Siemens Revenue Growth Rate in Rail Signalling Systems Business (2020-2025)
 Figure 53. Traffic Control Technology Revenue Growth Rate in Rail Signalling Systems Business (2020-2025)
 Figure 54. KYOSAN Revenue Growth Rate in Rail Signalling Systems Business (2020-2025)
 Figure 55. Unittec Revenue Growth Rate in Rail Signalling Systems Business (2020-2025)
 Figure 56. Wabtec Corporation Revenue Growth Rate in Rail Signalling Systems Business (2020-2025)
 Figure 57. CAF Revenue Growth Rate in Rail Signalling Systems Business (2020-2025)
 Figure 58. Bottom-up and Top-down Approaches for This Report
 Figure 59. Data Triangulation
 Figure 60. Key Executives Interviewed
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