Description
South Korea Railway AI Market 2022-2030
INTRODUCTION
Although AI is thriving, we can see that the railway industry is still primarily in its infancy. However, growing evidence suggests that AI can play significant roles in the railway industry, including optimising complex railway systems, detecting infrastructure faults/defects, enhancing customer service quality, and improving safety and security of urban train networks.
Additionally, from a comprehensive standpoint, anticipate that AI will quickly spread throughout the rail industry as a standard tool. Since there is evidence that AI may radically alter how certain railway sections work, such as capacity management, life cycle costs, maintenance, passenger flow prediction, etc., the impact of AI on the railway sector is thus expected to be crucial.
SOUTH KOREA RAILWAY AI MARKET SIZE AND FORECAST
The South Korea Railway AI 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
South Korea intends to introduce two new monitoring systems to improve 24-hour border security. The systems, a rail-mounted robot and an AI-enabled video and audio system, are being purchased through a fast-track procurement process and will initially be used as part of six-month testing, according to the country’s Defense Acquisition Program Administration (DAPA).
If the systems satisfy the military’s standards, they should go into service soon after. A rail can be traversed by the “Mobile Rail Robot Surveillance System” at a speed of 5 m/s. It has what appear to be motion sensors as well as a remote-controllable, high-resolution pan-tilt-zoom camera.
the robot’s sensor suite enables it to recognise and follow odd movements produced by even relatively small objects (0.3 0.3 m) out to a distance of more than 1 km during the day and of more than 200 m at night. The robot can automatically notify the control centre or warn the source of the movement if it notices any unexpected movements.
COMPANY PROFILE
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- What is the average cost per South Korea Railway AI Market right now and how will it change in next 5-6 years?
- Average cost to set up a Railway AI Market in South Koera?
- How many South Korea Railway AI Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- What is happening in the overall public, globally?
- Cost breakup of a South Korea Railway AI Market and key vendor selection criteria
- Where is the South Korea Railway AI Market manufactured? What is the average margin per equipment?
- Market share of South Korea Railway AI Market manufacturers and their upcoming products
- The most important planned South Korea Railway AI Market in next 2 years
- Details on network of major South Korea Railway AI Market and pricing plans
- Cost advantage for OEMs who manufacture South Korea Railway AI Market in-house
- 5 key predictions for next 5 years in South Korea Railway AI Market
- Average B-2-B South Korea Railway AI Market price in all segments
- Latest trends in South Korea Railway AI Market, by every market segment
- The market size (both volume and value) of South Korea Railway AI Market in 2022-2030 and every year in between?
- Global production breakup of South Korea Railway AI Market, by suppliers and their OEM relationship
