Saudi Arabia Rail Signalling Market 2022-2030

Description

Saudi Arabia Rail Signalling Market 2022-2030

INTRODUCTION

The rise in investment in railway network projects and the rise in demand for cutting-edge transportation infrastructure are the two main factors influencing the growth of the railway signalling system market.

Although, the market’s expansion is hampered by high implementation costs and a rise in smart solutions. Additionally, expanding the railway network is anticipated to be made possible by the introduction of autonomous systems and improved infrastructure, creating attractive chances for the railway signalling system industry.

The expansion of the railway network has made it possible to travel more safely and punctually. This has been made possible by the growth in population and the need for mobility solutions for trains. The market for railroad signalling systems expanded as a result.

SAUDI ARABIA RAIL SIGNALING MARKET SIZE AND FORECAST

The Saudi Arabia Rail Signaling Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

MARKET DYNAMICS

The Saudi Railway Company (SAR) and Thales have agreed to a two-year maintenance agreement for the 2,400-kilometre Northern Train project’s signalling, communications, and electromechanical systems.

The longest railway in the world with cutting-edge signalling and communications equipment is the Northern Train project in the Kingdom of Saudi Arabia. Thales will carry out the maintenance tasks using specialised engineers and technicians dispersed among eight maintenance sites throughout the 2,400 kilometres of the railway line.

The deal calls for the knowledge transfer, which will be carried out through a training programme at Thales’ plants throughout the kingdom. In the course of the two-year contract, this will enable SAR maintenance teams to progressively take over the maintenance tasks.

In order to fulfil these goals, Thales has helped Saudi Railway Polytechnic’s electronic laboratories by funding their equipment and by simulating the signalling and communication systems that will be utilised in the training programmes.

COMPANY PROFILE

• Alstom
• CAF
• Hitachi
• Cisco Systems, Inc.
• Thales Group
• Mermec
• Nippon Signal
• HUAWEI
• Siemens
• Bombardier
• Nokia Corp
• Belden

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Saudi Arabia Rail Signaling Market right now and how will it change in next 5-6 years?
2. Average cost to set up a Rail Signaling Market in Saudi Arabia?
3. How many Saudi Arabia Rail Signaling Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a Saudi Arabia Rail Signaling Market and key vendor selection criteria
6. Where is the Saudi Arabia Rail Signaling Market manufactured? What is the average margin per equipment?
7. Market share of Saudi Arabia Rail Signaling Market manufacturers and their upcoming products
8. The most important planned Saudi Arabia Rail Signaling Market in next 2 years
9. Details on network of major Saudi Arabia Rail Signaling Market and pricing plans
10. Cost advantage for OEMs who manufacture Saudi Arabia Rail Signaling Market in-house
11. 5 key predictions for next 5 years in Saudi Arabia Rail Signaling Market
12. Average B-2-B Saudi Arabia Rail Signaling Market price in all segments
13. Latest trends in Saudi Arabia Rail Signaling Market, by every market segment
14. The market size (both volume and value) of Saudi Arabia Rail Signaling Market in 2022-2030 and every year in between?
15. Global production breakup of Saudi Arabia Rail Signaling Market, by suppliers and their OEM relationship