Market by Component, Application, and Country Outlook | Forecast 2023-2030
As per Triton’s research report, the intelligent railways transportation management systems market in Latin America would grow at a CAGR of 8.39% in the forecasting years from 2023 to 2030.
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The countries included in this region are:
•        Mexico
•        Brazil
•        Rest of Latin America
Brazil leads the intelligent railways
transportation management systems market in the region, and held the highest
revenue share in 2022. Railways
play a vital role in the transport of primary export products like iron ore and
agricultural commodities In Latin America. This is expected to benefit the
studied market’s growth. However, certain factors, such as disadvantaged
geography, different track gauges, management problems, and the concentration
of smart city investments in roads, are hindering the development of the
railway infrastructure in the region.
Colombia is one of the key nations studied in the Rest of Latin America
region. The nation’s government implemented a new legislative bill pertaining
to information and communications technology (ICT) modernization, which aims to
ensure 100% internet access throughout the country. Such initiatives to boost
the country’s smart infrastructure are anticipated to influence the demand for
advanced tech solutions like IRTMS. This, in turn, will drive the intelligent
railways transportation management systems market’s growth over the forecast
period.
BYD is planning to build SkyRail in the Brazilian city of Salvador. It
is planned that, after completion, a SkyRail line will be connected with other
rail transit lines to develop a rail network. SkyRail is a straddle-type
monorail system developed after years of R&D efforts, at an amount of EUR
650 million by a dedicated team of 1,000 experts. The project is aimed at
solving traffic congestion in cities. Such initiatives are expected to
contribute to the intelligent railways transportation management systems
market’s expansion in Brazil over the forecasted period.
The railways ensure the transportation of millions of passengers
globally, each year, and are also responsible for daily commercial goods
transport. The latest generation of automated traffic control systems are
equipped with automatic safety features to improve the reliability, efficiency,
and operational safety in the railway sector. These systems aid in sequential
parking and also alert the operators when the tracks are full. They also help
in track switching and controlling level crossing gates, which helps reduce
train accidents.
Triton’s report assesses the market as per
application and component.
Here, the application segment comprises automated traffic control, passenger
information management, automated ticketing, and other applications.
The distinguished players in the intelligent
railways transportation management systems market include Oracle Corporation,
Denso Corporation, IBM, Thales Group, Blue Yonder, 3GTMS Inc, SAP SE, Kuebix
LLC, Siemens AG, and Tata Consultancy Services (TCS).
Denso Corporation is a renowned automotive components supplier. The
company has a long-term strategy to promote the electrification of a diverse
range of automotives and locomotives with its advanced solutions. One such
solution is the Denso Safety Systems, which offers features like collision
safety, visibility support, cockpit information, and information security,
among others. Established in 1949, Denso has a notable business presence in the
Latin America region.
Key deliverables of the report:
â—ŹÂ Â Â Â Â Market CAGR during the forecasting years 2023-2030
â—ŹÂ Â Â Â Â Detailed data highlighting key insights, industry components, and market strategies
â—ŹÂ Â Â Â Â Comprehensive information and estimation of the intelligent railways transportation management systems market revenue growth in Latin America and its influence on the parent market
â—ŹÂ Â Â Â Â In-depth study of forthcoming trends in consumer behavioral patterns
●     A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model
â—ŹÂ Â Â Â Â
A wide-ranging study of factors that will challenge the Latin
America intelligent railways transportation management systems market’s growth
during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.Â
1. LATIN
AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. PARENT
MARKET ANALYSIS
2.2. IMPACT
ANALYSIS ON THE INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET
2.2.1. COVID-19
IMPACT
2.2.2. UKRAINE-RUSSIA
WAR IMPACT
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
MATURITY ANALYSIS
2.5. INDUSTRY
COMPONENTS
2.5.1. MANUFACTURERS
2.5.2. DISTRIBUTORS
2.5.3. CUSTOMERS
2.6. REGULATORY
FRAMEWORK
2.7. KEY
BUYING IMPACT ANALYSIS
2.7.1. PRODUCT
FEATURES
2.7.2. APPLICATION
2.7.3. SUPERIOR
TECHNOLOGY
2.8. KEY
MARKET STRATEGIES
2.8.1. COLLABORATIONS
2.8.2. PRODUCT
LAUNCHES
2.8.3. MERGERS
& ACQUISITIONS
2.9. MARKET
DRIVERS
2.9.1. INTRODUCTION
OF NEW TECHNOLOGIES IN RAILWAY TRAFFIC MANAGEMENT
2.9.2. ABILITY
OF IRTMS TO REDUCE FUEL CONSUMPTION
2.9.3. EVOLUTION
OF THE E-COMMERCE INDUSTRY
2.9.4. GROWING
NEEDS OF A RISING POPULATION RESULTING FROM HYPER-URBANIZATION
2.9.5. NEED
TO OPTIMIZE MANY KEY FUNCTIONS IN TRANSPORTATION
2.10. MARKET
CHALLENGE
2.10.1. DISTINCT
IRTMS SOLUTIONS HAVE HUGE DEPLOYMENT COSTS
2.11. MARKET
OPPORTUNITIES
2.11.1. INCREASE
IN SMART CITIES
2.11.2. PROMOTION
OF GREEN FUELS
2.11.3. USE
OF IOT IN INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS
2.12. ANALYST
PERSPECTIVE
3. LATIN
AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – BY
COMPONENT
3.1. SOFTWARE
3.1.1. SMART
TRAFFIC MANAGEMENT ANALYSIS SOFTWARE
3.1.2. DATABASE
MANAGEMENT SYSTEMS
3.1.3. VIDEO
RECORDING SOFTWARE
3.1.4. OTHER
SOFTWARE COMPONENTS
3.2. HARDWARE
3.2.1. SENSORS
3.2.2. LINE
WIRES
3.2.3. SECURITY
& SURVEILLANCE CAMERAS
3.2.4. INFORMATION
& RULE DISPLAYS
3.2.5. OTHER
HARDWARE COMPONENTS
3.3. SERVICE
3.3.1. CLOUD
MANAGEMENT SERVICES
3.3.2. SUPPORT
& MAINTENANCE SERVICES
4. LATIN
AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – BY
APPLICATION
4.1. AUTOMATED
TRAFFIC CONTROL
4.2. AUTOMATED
TICKETING
4.3. PASSENGER
INFORMATION MANAGEMENT
4.4. OTHER
APPLICATIONS
5. LATIN
AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – COUNTRY
OUTLOOK
5.1. BRAZIL
5.1.1. BRAZIL
INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET FORECAST &
PROSPECTS
5.2. MEXICO
5.2.1. MEXICO
INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET FORECAST &
PROSPECTS
5.3. REST
OF LATIN AMERICA
5.3.1. REST
OF LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET
FORECAST & PROSPECTS
6. COMPETITIVE
LANDSCAPE
6.1. DENSO
CORPORATION
6.1.1. OVERVIEW
6.1.2. PORTFOLIO
6.1.3. KEY
STRENGTHS
6.1.4. KEY
CHALLENGES
6.2. TATA
CONSULTANCY SERVICES (TCS)
6.2.1. OVERVIEW
6.2.2. PORTFOLIO
6.2.3. KEY
STRENGTHS
6.2.4. KEY
CHALLENGES
6.3. SAP
SE
6.3.1. OVERVIEW
6.3.2. PORTFOLIO
6.3.3. KEY
STRENGTHS
6.3.4. KEY
CHALLENGES
6.4. ORACLE
CORPORATION
6.4.1. OVERVIEW
6.4.2. PORTFOLIO
6.4.3. KEY
STRENGTHS
6.4.4. KEY
CHALLENGES
6.5. SIEMENS
AG
6.5.1. OVERVIEW
6.5.2. PORTFOLIO
6.5.3. KEY
STRENGTHS
6.5.4. KEY
CHALLENGES
6.6. IBM
CORPORATION
6.6.1. OVERVIEW
6.6.2. PORTFOLIO
6.6.3. KEY
STRENGTHS
6.6.4. KEY
CHALLENGES
6.7. THALES
GROUP
6.7.1. OVERVIEW
6.7.2. PORTFOLIO
6.7.3. KEY
STRENGTHS
6.7.4. KEY
CHALLENGES
6.8. 3GTMS
INC
6.8.1. OVERVIEW
6.8.2. PORTFOLIO
6.8.3. KEY
STRENGTHS
6.8.4. KEY
CHALLENGES
6.9. BLUE
YONDER
6.9.1. OVERVIEW
6.9.2. PORTFOLIO
6.9.3. KEY
STRENGTHS
6.9.4. KEY
CHALLENGES
6.10. KUEBIX
LLC
6.10.1. OVERVIEW
6.10.2. PORTFOLIO
6.10.3. KEY
STRENGTHS
6.10.4. KEY
CHALLENGES
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA
INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY COUNTRY,
2023-2030 (IN $ MILLION)
TABLE 2: REGULATORY
FRAMEWORK
TABLE 3: FUNCTION AND
FEATURES GIVEN BY THE INTERNATIONAL UNION OF RAILWAYS (UIC)
TABLE 4: LIST OF
COLLABORATIONS
TABLE 5: LIST OF
PRODUCT LAUNCHES
TABLE 6: LIST OF
MERGERS & ACQUISITIONS
TABLE 7: RAILWAY
NETWORK IN METROPOLITAN CITIES ACROSS THE GLOBE
TABLE 8: LATIN AMERICA
INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY COMPONENT,
2023-2030 (IN $ MILLION)
TABLE 9: LATIN AMERICA
INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SOFTWARE,
2023-2030 (IN $ MILLION)
TABLE 10: LATIN AMERICA
INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY HARDWARE,
2023-2030 (IN $ MILLION)
TABLE 11: LATIN AMERICA
INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SERVICE,
2023-2030 (IN $ MILLION)
TABLE 12: LATIN AMERICA
INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY APPLICATION,
2023-2030 (IN $ MILLION)
TABLE 13: LATIN AMERICA
INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY COUNTRY
OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: PARENT MARKET ANALYSIS OF INTELLIGENT RAILWAYS TRANSPORTATION
MANAGEMENT SYSTEMS
FIGURE 2: MARKET MATURITY ANALYSIS
FIGURE 3: INDUSTRY COMPONENTS
FIGURE 4: KEY BUYING IMPACT ANALYSIS
FIGURE 5: PRODUCT FEATURES OF INTELLIGENT RAILWAYS TRANSPORTATION
MANAGEMENT SYSTEMS
FIGURE 6: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY COMPONENT, 2022 & 2030 (IN %)
FIGURE 7: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SOFTWARE, 2023-2030 (IN $ MILLION)
FIGURE 8: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SOFTWARE, 2022 & 2030 (IN %)
FIGURE 9: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SMART TRAFFIC MANAGEMENT ANALYSIS SOFTWARE, 2023-2030 (IN $
MILLION)
FIGURE 10: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY DATABASE MANAGEMENT SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE 11: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY VIDEO RECORDING SOFTWARE, 2023-2030 (IN $ MILLION)
FIGURE 12: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY OTHER SOFTWARE COMPONENTS, 2023-2030 (IN $ MILLION)
FIGURE 13: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY HARDWARE, 2023-2030 (IN $ MILLION)
FIGURE 14: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY HARDWARE, 2022 & 2030 (IN %)
FIGURE 15: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SENSORS, 2023-2030 (IN $ MILLION)
FIGURE 16: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY LINE WIRES, 2023-2030 (IN $ MILLION)
FIGURE 17: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SECURITY & SURVEILLANCE CAMERAS, 2023-2030 (IN $
MILLION)
FIGURE 18: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY INFORMATION & RULE DISPLAYS, 2023-2030 (IN $ MILLION)
FIGURE 19: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY OTHER HARDWARE COMPONENTS, 2023-2030 (IN $ MILLION)
FIGURE 20: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SERVICE, 2023-2030 (IN $ MILLION)
FIGURE 21: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SERVICE, 2022 & 2030 (IN %)
FIGURE 22: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY CLOUD MANAGEMENT SERVICE, 2023-2030 (IN $ MILLION)
FIGURE 23: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SUPPORT & MAINTENANCE SERVICES, 2023-2030 (IN $ MILLION)
FIGURE 24: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY APPLICATION, 2022 & 2030 (IN %)
FIGURE 25: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY AUTOMATED TRAFFIC CONTROL, 2023-2030 (IN $ MILLION)
FIGURE 26: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY AUTOMATED TICKETING, 2023-2030 (IN $ MILLION)
FIGURE 27: PASSENGER INFORMATION MANAGEMENT FLOWCHART
FIGURE 28: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY PASSENGER INFORMATION MANAGEMENT, 2023-2030 (IN $ MILLION)
FIGURE 29: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)
FIGURE 30: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 31: BRAZIL INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS
MARKET 2023-2030 (IN $ MILLION)
FIGURE 32: MEXICO INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS
MARKET 2023-2030 (IN $ MILLION)
FIGURE 33: REST OF LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION
MANAGEMENT SYSTEMS MARKET 2023-2030 (IN $ MILLION)