Worldwide Railway Signalling Systems Industry to 2028 - Key Trends and Market Dynamics
Share this article Share this article ResearchAndMarkets.com's offering. The global railway signaling systems market was valued at US$ 9.68 Bn in 2019 and is expected to grow at a CAGR of 9.5% over the forecast period from 2020 to 2028. Increasing demand for advance controlling systems and rising high-speed railway projects will drive the demand for railway signaling systems. The market for railway signaling systems expected to witness significant growth with the deployment of communication-based train control (CBTC) and other advanced signaling techniques. In addition, market growth is stron...
Source: prnewswire.com