US Railway AI Market 2024-2030

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The US Railway AI Market, valued at $XX billion in 2023, is forecasted to reach $XX billion by 2030, with a CAGR of XX% from 2024 to 2030. AI techniques, such as integrated CCTV systems, are enhancing security and operational efficiency in railway facilities by tracking visitor counts and monitoring restricted areas. Alstom’s new Mastria system exemplifies AI’s role in improving passenger flow management and forecasting capabilities in response to changing conditions, such as those induced by the COVID-19 pandemic.

 

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Description

INTRODUCTION TO US RAILWAY AI MARKET

A railway facility’s visitor count can be tracked using AI techniques, as well as those who are arriving, leaving, or loitering in areas with restricted access. For instance, automated AI analytics integrated CCTVs may efficiently monitor locations such as railway control rooms, maintenance and storage areas, or sites of ongoing building projects around-the-clock.

To determine whether a person or vehicle entering/exiting the premises or restricted regions is authorised or not, the cameras work on facial identification and vehicle number plate identification parameters. Additionally, it would be able to recognise, warn via integrated PAS, or report individuals loitering suspiciously or vehicles parked illegally or carelessly.

AI-integrated CCTV networks can serve as trespasser alert systems, alerting human security teams or denying entry or acting as a tripwire to deter trespassers if anyone other than authorised staff enters a restricted area.

US RAILWAY AI MARKET SIZE AND FORECAST

The US Railway AI Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

US RAILWAY AI MARKET NEW PRODUCT LAUNCH

Alstom has released a new version of Mastria, the first multimodal supervision and mobility orchestration system in the world, which leverages AI to give transport authorities and operators better tools for managing passenger flow. Due to the Covid-19 pandemic, there have been a number of social distance and public gathering needs that the solution enables operators to easily and in real time change their product to.

Mastria provides operators with better visibility into the distribution and flow of passengers on trains and stations as well as improved forecasting capacities thanks to big data and machine learning. This translates to the capacity to foresee and control passenger density and operations in real time, among other things by adjusting train frequency, capacity, and the necessary number of trains, as well as passenger flows into stations.

US RAILWAY AI MARKET COMPANY PROFILE

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average cost per  US Railway AI Market  right now and how will it change in the next 5-6 years?
  2. Average cost to set up a Railway AI Market  in the US?
  3. How many US Railway AI 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  US Railway AI Market  and key vendor selection criteria
  6. Where is the US Railway AI Market  manufactured? What is the average margin per equipment?
  7. Market share of US Railway AI Market  manufacturers and their upcoming products
  8. The most important planned  US Railway AI Market  in next 2 years
  9. Details on network of major US Railway AI Market  and pricing plans
  10. Cost advantage for OEMs who manufacture US Railway AI Market  in-house
  11. 5 key predictions for next 5 years in US Railway AI Market
  12. Average B-2-B US Railway AI Market price in all segments
  13. Latest trends in US Railway AI Market, by every market segment
  14. The market size (both volume and value) of US Railway AI Market in 2024-2030 and every year in between?
  15. Global production breakup of US Railway AI Market, by suppliers and their OEM relationship

Additional information

Language

english

Publisher

Mobility Foresights

Release date

2024

Licence

Single User, Enterprise License

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