Europe Connected Rail Market to Grow with a CAGR of 6% through 2030
Rising investments in smart rail infrastructure, increasing adoption of
IoT and AI in rail systems, and growing demand for real-time passenger and
freight monitoring are the factors driving the market in the forecast period
2026–2030.
According to TechSci Research report, “Europe Connected Rail
Market – Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”,
The Europe Connected Rail Market was valued at USD 48.76 Billion in 2024 and is
expected to reach USD 69.17 Billion by 2030 with a CAGR of 6% during the
forecast period.
The Europe Connected Rail Market is evolving rapidly as rail operators
and governments focus on enhancing network connectivity and digital integration
to meet rising demands for efficient and sustainable transportation. Key
drivers include the push towards digitizing legacy rail infrastructure to
support real-time communication between trains and control centers, enabling
more responsive traffic management and improved safety measures. Investments in
cloud-based platforms are accelerating the deployment of data analytics tools
that optimize train scheduling and reduce operational delays. Another
significant factor is the growing emphasis on passenger-centric services such
as dynamic journey planning and personalized travel updates delivered through
mobile applications.
Technological advancements are reshaping how rail networks operate by
facilitating the use of sensor networks and IoT devices to monitor
infrastructure health continuously, preventing failures before they impact
service. The integration of advanced wireless communication standards, such as
LTE-R and upcoming 5G, is enabling high-speed data exchange essential for
autonomous train operations and remote diagnostics. The market also benefits
from regulatory initiatives promoting interoperability and open data sharing
among diverse rail operators, which supports seamless cross-border travel and
unified ticketing systems.
Market growth is driven by a shift toward eco-friendly transport
solutions, with connected rail playing a vital role in reducing carbon
emissions compared to road and air travel. Collaboration between technology
providers and rail agencies is fostering innovation in areas like AI-powered
predictive maintenance and cybersecurity solutions tailored to protect complex
rail networks from evolving threats. However, challenges such as the complexity
of integrating new digital systems into heterogeneous legacy networks and
securing sufficient funding for large-scale modernization projects remain.
Despite these obstacles, the continued focus on smart infrastructure and
enhanced passenger experience positions the Europe Connected Rail Market for
sustained growth in the coming years.
Browse over XX market data Figures spread through XX Pages and an
in-depth TOC on "Europe Connected Rail Market"
Europe Connected Rail Market
Is Segmented by Services, Rolling Stock Type, Safety & Signalling System, and
By Country.
In 2024, Communication-Based Train Control (CBTC) was the fastest-growing segment in Europe’s Connected Rail Safety & Signalling Systems. This technology uses real-time data communication to allow trains to run closer together safely through moving block operation, increasing capacity, reducing delays, and improving punctuality. CBTC also supports varying automation levels and enhances safety with precise train tracking and speed supervision. Its rise is driven by growing urban transit demand, stricter safety standards, and the push to upgrade legacy systems as part of smart railway initiatives.
Germany led Europe’s connected rail market growth in 2024, fueled by strong government support, substantial investments, and a focus on digitalizing rail infrastructure. National policies emphasize sustainability and efficiency, aligning with EU carbon reduction goals. Germany’s central location requires efficient cross-border rail, making interoperable systems like CBTC crucial. Infrastructure upgrades aim to reduce bottlenecks, while a skilled workforce and close collaboration among government, technology providers, and operators accelerate the deployment of advanced rail technologies
Major Market Players
Operating in Europe Connected Rail Market Are:
- Trimble, Inc.
- Hitachi Limited
- Siemens AG
- IBM Corporation
- Cisco Systems, Inc
- Wabtec Corporation
- Tech Mahindra Limited
- Calamp Corp.
- Nokia Corporation
- Huawei Investment &
Holding Co., Ltd
Download Sample Report
Customers can also request for 10% free customization on this report.
Europe’s connected rail market is really picking up
speed, thanks to all the new smart technologies being used. It’s exciting to see
how things like real-time communication between trains and better safety
systems are making travel smoother and safer for everyone. There’s a lot of
potential here, and I believe these advancements will make railways more
efficient and reliable in the coming years, said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based global management consulting
firm.
The report titled “Europe Connected Rail Market –
Size, Share, Trends, Opportunity, and Forecast, Segmented By Services
(Passenger Mobility & Services, Passenger Information System (PIS),
Automated Fare Collection System, IP Video Surveillance, Train Tracking &
Monitoring Solutions, Others), By Rolling Stock Type (Electric Multiple Unit
(EMU), Diesel Locomotive, Passenger Wagons, Light Rail/Tram Car, Electric
Locomotive, Freight Wagons, Others), By Safety & Signalling System
(Positive Train Control, Automated/Integrated Train Control (ATC),
Communication/Computer-Based Train Control (CBTC)), By Country, By Competition,
2020-2030F”, assesses the market's future growth potential and provides data on
market size, trends, and forecasts. It aims to offer comprehensive market
insights, helping decision-makers make informed investment choices. The report
also highlights emerging trends, key drivers, challenges, and opportunities in
the Europe Connected Rail Market.
Contact Us-
TechSci Research LLC
420
Lexington Avenue, Suite 300,
New
York, United States- 10170
M:
+13322586602
Email: [email protected]
Website: www.techsciresearch.com