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Global Connected Rail Market Research Report 2025
Published Date: August 2025
|
Report Code: QYRE-Auto-21R6013
Home | Market Reports | Business & Industrial| Transportation & Logistics| Rail Transport
Global Connected Rail Market Insights and Forecast to 2028
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Global Connected Rail Market Research Report 2025

Code: QYRE-Auto-21R6013
Report
August 2025
Pages:73
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Siemens AG
Hitachi
Wabtec Corporation
Robert Bosch GmbH
Bombardier
Alstom SA
Huawei
CISCO SYSTEMS INC
Nokia Cor

Connected Rail Market Size

The global market for Connected Rail was valued at US$ 80750 million in the year 2024 and is projected to reach a revised size of US$ 114580 million by 2031, growing at a CAGR of 5.2% during the forecast period.

Connected Rail Market

Connected Rail Market

Rail connection refers to the parts used to connect two steel rails or rail and railroad sleeper. Rail connection parts include rail clip, railroad spike, railway fish plate, rail bolt and tie plate, etc.. The rails are connected to each other by railroad ties, which may be made of wood or concrete. The rails are usually bolted to the ties, which are set into the loose gravel or ballast2. Ballast often consists of loose stones that help transfer the load to the underlying foundation.
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 Connected Rail, 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 Connected Rail.
The Connected Rail 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 Connected Rail 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 Connected Rail 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 Connected Rail Market Report

Report Metric Details
Report Name Connected Rail Market
Accounted market size in year US$ 80750 million
Forecasted market size in 2031 US$ 114580 million
CAGR 5.2%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
  • Passenger Mobility and Services
  • Passenger Information System
  • Train Tracking & Monitoring Solutions
  • Automated Fare Collection System
  • IP Video Surveillance
Segment by Application
  • Maglev Train
  • Subway/Metro Vehicle
  • Others
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 Bombardier Inc., Alstom SA, Siemens AG, Hitachi Limited, Robert Bosch GmbH, Huawei, Cisco Systems Inc., Wabtec Corporation, Nokia Cor
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 Connected Rail 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 Connected Rail Market growing?

Ans: The Connected Rail Market witnessing a CAGR of 5.2% during the forecast period 2025-2031.

What is the Connected Rail Market size in 2031?

Ans: The Connected Rail Market size in 2031 will be US$ 114580 million.

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

Ans: The main players in the Connected Rail Market are Bombardier Inc., Alstom SA, Siemens AG, Hitachi Limited, Robert Bosch GmbH, Huawei, Cisco Systems Inc., Wabtec Corporation, Nokia Cor

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

Ans: The Applications covered in the Connected Rail Market report are Maglev Train, Subway/Metro Vehicle, Others

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

Ans: The Types covered in the Connected Rail Market report are Passenger Mobility and Services, Passenger Information System, Train Tracking & Monitoring Solutions, Automated Fare Collection System, IP Video Surveillance

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Connected Rail Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Passenger Mobility and Services
1.2.3 Passenger Information System
1.2.4 Train Tracking & Monitoring Solutions
1.2.5 Automated Fare Collection System
1.2.6 IP Video Surveillance
1.3 Market by Application
1.3.1 Global Connected Rail Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Maglev Train
1.3.3 Subway/Metro Vehicle
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Connected Rail Market Perspective (2020-2031)
2.2 Global Connected Rail Growth Trends by Region
2.2.1 Global Connected Rail Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Connected Rail Historic Market Size by Region (2020-2025)
2.2.3 Connected Rail Forecasted Market Size by Region (2026-2031)
2.3 Connected Rail Market Dynamics
2.3.1 Connected Rail Industry Trends
2.3.2 Connected Rail Market Drivers
2.3.3 Connected Rail Market Challenges
2.3.4 Connected Rail Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Connected Rail Players by Revenue
3.1.1 Global Top Connected Rail Players by Revenue (2020-2025)
3.1.2 Global Connected Rail Revenue Market Share by Players (2020-2025)
3.2 Global Connected Rail Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Connected Rail Revenue
3.4 Global Connected Rail Market Concentration Ratio
3.4.1 Global Connected Rail Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Connected Rail Revenue in 2024
3.5 Global Key Players of Connected Rail Head office and Area Served
3.6 Global Key Players of Connected Rail, Product and Application
3.7 Global Key Players of Connected Rail, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Connected Rail Breakdown Data by Type
4.1 Global Connected Rail Historic Market Size by Type (2020-2025)
4.2 Global Connected Rail Forecasted Market Size by Type (2026-2031)
5 Connected Rail Breakdown Data by Application
5.1 Global Connected Rail Historic Market Size by Application (2020-2025)
5.2 Global Connected Rail Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Connected Rail Market Size (2020-2031)
6.2 North America Connected Rail Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Connected Rail Market Size by Country (2020-2025)
6.4 North America Connected Rail Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Connected Rail Market Size (2020-2031)
7.2 Europe Connected Rail Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Connected Rail Market Size by Country (2020-2025)
7.4 Europe Connected Rail 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 Connected Rail Market Size (2020-2031)
8.2 Asia-Pacific Connected Rail Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Connected Rail Market Size by Region (2020-2025)
8.4 Asia-Pacific Connected Rail 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 Connected Rail Market Size (2020-2031)
9.2 Latin America Connected Rail Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Connected Rail Market Size by Country (2020-2025)
9.4 Latin America Connected Rail Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Connected Rail Market Size (2020-2031)
10.2 Middle East & Africa Connected Rail Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Connected Rail Market Size by Country (2020-2025)
10.4 Middle East & Africa Connected Rail Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Bombardier Inc.
11.1.1 Bombardier Inc. Company Details
11.1.2 Bombardier Inc. Business Overview
11.1.3 Bombardier Inc. Connected Rail Introduction
11.1.4 Bombardier Inc. Revenue in Connected Rail Business (2020-2025)
11.1.5 Bombardier Inc. Recent Development
11.2 Alstom SA
11.2.1 Alstom SA Company Details
11.2.2 Alstom SA Business Overview
11.2.3 Alstom SA Connected Rail Introduction
11.2.4 Alstom SA Revenue in Connected Rail Business (2020-2025)
11.2.5 Alstom SA Recent Development
11.3 Siemens AG
11.3.1 Siemens AG Company Details
11.3.2 Siemens AG Business Overview
11.3.3 Siemens AG Connected Rail Introduction
11.3.4 Siemens AG Revenue in Connected Rail Business (2020-2025)
11.3.5 Siemens AG Recent Development
11.4 Hitachi Limited
11.4.1 Hitachi Limited Company Details
11.4.2 Hitachi Limited Business Overview
11.4.3 Hitachi Limited Connected Rail Introduction
11.4.4 Hitachi Limited Revenue in Connected Rail Business (2020-2025)
11.4.5 Hitachi Limited Recent Development
11.5 Robert Bosch GmbH
11.5.1 Robert Bosch GmbH Company Details
11.5.2 Robert Bosch GmbH Business Overview
11.5.3 Robert Bosch GmbH Connected Rail Introduction
11.5.4 Robert Bosch GmbH Revenue in Connected Rail Business (2020-2025)
11.5.5 Robert Bosch GmbH Recent Development
11.6 Huawei
11.6.1 Huawei Company Details
11.6.2 Huawei Business Overview
11.6.3 Huawei Connected Rail Introduction
11.6.4 Huawei Revenue in Connected Rail Business (2020-2025)
11.6.5 Huawei Recent Development
11.7 Cisco Systems Inc.
11.7.1 Cisco Systems Inc. Company Details
11.7.2 Cisco Systems Inc. Business Overview
11.7.3 Cisco Systems Inc. Connected Rail Introduction
11.7.4 Cisco Systems Inc. Revenue in Connected Rail Business (2020-2025)
11.7.5 Cisco Systems Inc. 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 Connected Rail Introduction
11.8.4 Wabtec Corporation Revenue in Connected Rail Business (2020-2025)
11.8.5 Wabtec Corporation Recent Development
11.9 Nokia Cor
11.9.1 Nokia Cor Company Details
11.9.2 Nokia Cor Business Overview
11.9.3 Nokia Cor Connected Rail Introduction
11.9.4 Nokia Cor Revenue in Connected Rail Business (2020-2025)
11.9.5 Nokia Cor 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
Siemens AG
Hitachi
Wabtec Corporation
Robert Bosch GmbH
Bombardier
Alstom SA
Huawei
CISCO SYSTEMS INC
Nokia Cor
List of Tables
 Table 1. Global Connected Rail Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Passenger Mobility and Services
 Table 3. Key Players of Passenger Information System
 Table 4. Key Players of Train Tracking & Monitoring Solutions
 Table 5. Key Players of Automated Fare Collection System
 Table 6. Key Players of IP Video Surveillance
 Table 7. Global Connected Rail Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 8. Global Connected Rail Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 9. Global Connected Rail Market Size by Region (2020-2025) & (US$ Million)
 Table 10. Global Connected Rail Market Share by Region (2020-2025)
 Table 11. Global Connected Rail Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 12. Global Connected Rail Market Share by Region (2026-2031)
 Table 13. Connected Rail Market Trends
 Table 14. Connected Rail Market Drivers
 Table 15. Connected Rail Market Challenges
 Table 16. Connected Rail Market Restraints
 Table 17. Global Connected Rail Revenue by Players (2020-2025) & (US$ Million)
 Table 18. Global Connected Rail Market Share by Players (2020-2025)
 Table 19. Global Top Connected Rail Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Connected Rail as of 2024)
 Table 20. Ranking of Global Top Connected Rail Companies by Revenue (US$ Million) in 2024
 Table 21. Global 5 Largest Players Market Share by Connected Rail Revenue (CR5 and HHI) & (2020-2025)
 Table 22. Global Key Players of Connected Rail, Headquarters and Area Served
 Table 23. Global Key Players of Connected Rail, Product and Application
 Table 24. Global Key Players of Connected Rail, Date of Enter into This Industry
 Table 25. Mergers & Acquisitions, Expansion Plans
 Table 26. Global Connected Rail Market Size by Type (2020-2025) & (US$ Million)
 Table 27. Global Connected Rail Revenue Market Share by Type (2020-2025)
 Table 28. Global Connected Rail Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 29. Global Connected Rail Revenue Market Share by Type (2026-2031)
 Table 30. Global Connected Rail Market Size by Application (2020-2025) & (US$ Million)
 Table 31. Global Connected Rail Revenue Market Share by Application (2020-2025)
 Table 32. Global Connected Rail Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 33. Global Connected Rail Revenue Market Share by Application (2026-2031)
 Table 34. North America Connected Rail Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 35. North America Connected Rail Market Size by Country (2020-2025) & (US$ Million)
 Table 36. North America Connected Rail Market Size by Country (2026-2031) & (US$ Million)
 Table 37. Europe Connected Rail Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 38. Europe Connected Rail Market Size by Country (2020-2025) & (US$ Million)
 Table 39. Europe Connected Rail Market Size by Country (2026-2031) & (US$ Million)
 Table 40. Asia-Pacific Connected Rail Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 41. Asia-Pacific Connected Rail Market Size by Region (2020-2025) & (US$ Million)
 Table 42. Asia-Pacific Connected Rail Market Size by Region (2026-2031) & (US$ Million)
 Table 43. Latin America Connected Rail Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 44. Latin America Connected Rail Market Size by Country (2020-2025) & (US$ Million)
 Table 45. Latin America Connected Rail Market Size by Country (2026-2031) & (US$ Million)
 Table 46. Middle East & Africa Connected Rail Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 47. Middle East & Africa Connected Rail Market Size by Country (2020-2025) & (US$ Million)
 Table 48. Middle East & Africa Connected Rail Market Size by Country (2026-2031) & (US$ Million)
 Table 49. Bombardier Inc. Company Details
 Table 50. Bombardier Inc. Business Overview
 Table 51. Bombardier Inc. Connected Rail Product
 Table 52. Bombardier Inc. Revenue in Connected Rail Business (2020-2025) & (US$ Million)
 Table 53. Bombardier Inc. Recent Development
 Table 54. Alstom SA Company Details
 Table 55. Alstom SA Business Overview
 Table 56. Alstom SA Connected Rail Product
 Table 57. Alstom SA Revenue in Connected Rail Business (2020-2025) & (US$ Million)
 Table 58. Alstom SA Recent Development
 Table 59. Siemens AG Company Details
 Table 60. Siemens AG Business Overview
 Table 61. Siemens AG Connected Rail Product
 Table 62. Siemens AG Revenue in Connected Rail Business (2020-2025) & (US$ Million)
 Table 63. Siemens AG Recent Development
 Table 64. Hitachi Limited Company Details
 Table 65. Hitachi Limited Business Overview
 Table 66. Hitachi Limited Connected Rail Product
 Table 67. Hitachi Limited Revenue in Connected Rail Business (2020-2025) & (US$ Million)
 Table 68. Hitachi Limited Recent Development
 Table 69. Robert Bosch GmbH Company Details
 Table 70. Robert Bosch GmbH Business Overview
 Table 71. Robert Bosch GmbH Connected Rail Product
 Table 72. Robert Bosch GmbH Revenue in Connected Rail Business (2020-2025) & (US$ Million)
 Table 73. Robert Bosch GmbH Recent Development
 Table 74. Huawei Company Details
 Table 75. Huawei Business Overview
 Table 76. Huawei Connected Rail Product
 Table 77. Huawei Revenue in Connected Rail Business (2020-2025) & (US$ Million)
 Table 78. Huawei Recent Development
 Table 79. Cisco Systems Inc. Company Details
 Table 80. Cisco Systems Inc. Business Overview
 Table 81. Cisco Systems Inc. Connected Rail Product
 Table 82. Cisco Systems Inc. Revenue in Connected Rail Business (2020-2025) & (US$ Million)
 Table 83. Cisco Systems Inc. Recent Development
 Table 84. Wabtec Corporation Company Details
 Table 85. Wabtec Corporation Business Overview
 Table 86. Wabtec Corporation Connected Rail Product
 Table 87. Wabtec Corporation Revenue in Connected Rail Business (2020-2025) & (US$ Million)
 Table 88. Wabtec Corporation Recent Development
 Table 89. Nokia Cor Company Details
 Table 90. Nokia Cor Business Overview
 Table 91. Nokia Cor Connected Rail Product
 Table 92. Nokia Cor Revenue in Connected Rail Business (2020-2025) & (US$ Million)
 Table 93. Nokia Cor Recent Development
 Table 94. Research Programs/Design for This Report
 Table 95. Key Data Information from Secondary Sources
 Table 96. Key Data Information from Primary Sources
 Table 97. Authors List of This Report


List of Figures
 Figure 1. Connected Rail Picture
 Figure 2. Global Connected Rail Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Connected Rail Market Share by Type: 2024 VS 2031
 Figure 4. Passenger Mobility and Services Features
 Figure 5. Passenger Information System Features
 Figure 6. Train Tracking & Monitoring Solutions Features
 Figure 7. Automated Fare Collection System Features
 Figure 8. IP Video Surveillance Features
 Figure 9. Global Connected Rail Market Size by Application (2020-2031) & (US$ Million)
 Figure 10. Global Connected Rail Market Share by Application: 2024 VS 2031
 Figure 11. Maglev Train Case Studies
 Figure 12. Subway/Metro Vehicle Case Studies
 Figure 13. Others Case Studies
 Figure 14. Connected Rail Report Years Considered
 Figure 15. Global Connected Rail Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 16. Global Connected Rail Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 17. Global Connected Rail Market Share by Region: 2024 VS 2031
 Figure 18. Global Connected Rail Market Share by Players in 2024
 Figure 19. Global Top Connected Rail Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Connected Rail as of 2024)
 Figure 20. The Top 10 and 5 Players Market Share by Connected Rail Revenue in 2024
 Figure 21. North America Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 22. North America Connected Rail Market Share by Country (2020-2031)
 Figure 23. United States Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 24. Canada Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 25. Europe Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 26. Europe Connected Rail Market Share by Country (2020-2031)
 Figure 27. Germany Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. France Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. U.K. Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Italy Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Russia Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 32. Nordic Countries Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. Asia-Pacific Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. Asia-Pacific Connected Rail Market Share by Region (2020-2031)
 Figure 35. China Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. Japan Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. South Korea Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Southeast Asia Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. India Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 40. Australia Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Latin America Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Latin America Connected Rail Market Share by Country (2020-2031)
 Figure 43. Mexico Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 44. Brazil Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Middle East & Africa Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. Middle East & Africa Connected Rail Market Share by Country (2020-2031)
 Figure 47. Turkey Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 48. Saudi Arabia Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 49. UAE Connected Rail Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 50. Bombardier Inc. Revenue Growth Rate in Connected Rail Business (2020-2025)
 Figure 51. Alstom SA Revenue Growth Rate in Connected Rail Business (2020-2025)
 Figure 52. Siemens AG Revenue Growth Rate in Connected Rail Business (2020-2025)
 Figure 53. Hitachi Limited Revenue Growth Rate in Connected Rail Business (2020-2025)
 Figure 54. Robert Bosch GmbH Revenue Growth Rate in Connected Rail Business (2020-2025)
 Figure 55. Huawei Revenue Growth Rate in Connected Rail Business (2020-2025)
 Figure 56. Cisco Systems Inc. Revenue Growth Rate in Connected Rail Business (2020-2025)
 Figure 57. Wabtec Corporation Revenue Growth Rate in Connected Rail Business (2020-2025)
 Figure 58. Nokia Cor Revenue Growth Rate in Connected Rail Business (2020-2025)
 Figure 59. Bottom-up and Top-down Approaches for This Report
 Figure 60. Data Triangulation
 Figure 61. Key Executives Interviewed
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