MarketsandMarkets: The smart railways market is projected to grow from USD 36.49 billion in 2025 to USD 54.31 billion by 2030 at a CAGR of 8.3% during the forecast period. The market’s growth is primarily driven by the global emphasis on sustainable and efficient transportation. This shift is supported by government funding for new digital systems and the integration of IoT, AI, and big data to enhance operations. These technologies enable predictive maintenance, real-time monitoring of railway systems, and improvements in energy efficiency across rail networks. The resulting benefits extend to urban development and environmental sustainability, ensuring the safety and comfort of passengers while traveling by train.
Top Smart Railways Companies Include
Various globally established players, such as Siemens (Germany), Cisco (US), Alstom (France), Hitachi (Japan), and Huawei (China), dominate the smart railways market. These players have adopted various growth strategies, such as partnerships, agreements, collaborations, product launches/enhancements, and acquisitions, to expand their footprint in the smart railways market.
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In January 2025, Siemens Mobility secured four contracts worth USD 754 million from HS2 Ltd to provide signaling, electrification, telecom, and maintenance solutions for Britain’s high-speed rail project. It will introduce Automatic Train Operation over ETCS Level 2 for the first time on a UK high-speed line, enhancing efficiency, capacity, and sustainability.
Siemens
Siemens specializes in electrical engineering and electronics-related products and services. It offers its rail solutions through the mobility division. The company provides these solutions for passenger coaches and rail electrification. Siemens Mobility's Railigent X platform enables smart maintenance and operations that rely on IoT, AI, and cloud technologies. It combines and studies information from trains and the infrastructure to plan maintenance better, lower downtime, and boost availability. At InnoTrans 2024, new features like automated visual inspections and mobile inspections were featured. Besides, Signaling X, Siemens’ new platform in the cloud, unites several signaling systems and makes standardized APIs available to enhance the management and diagnostics of trains, leading to an intelligent railway system.
Alstom
Alstom is a global manufacturer of rolling stock in the rail transport market. Alstom helps transform railways into smart systems by providing signaling, control systems, and support platforms. In Kazakhstan, Alstom is setting up new service centers and developing new ways to overhaul electric locomotives. The company also focuses on digital train control systems, such as ERTMS/ETCS, for the safe and efficient running of railways. Alstom helps ensure smarter, safer, and more efficient rail systems by using HealthHub to perform condition-based and predictive maintenance with real-time data. HealthHub offers a real-time monitoring approach that increases the reliability and availability of the fleet and associated infrastructure. It operates in more than 70 countries and is involved in planning, manufacturing, and installing infrastructure for rail networks.
Cisco
Cisco Systems (US) plays a pivotal role in the smart railways market through its Connected Rail solution, which integrates advanced networking and Industrial IoT technologies to modernize rail operations. This platform enhances safety and efficiency by enabling high-speed, low-latency train-to-ground wireless communication, supporting systems like Communication-Based Train Control (CBTC), European Railway Traffic Management System (ERTMS), and Positive Train Control (PTC). It also improves passenger experiences with reliable onboard Wi-Fi, infotainment services, and real-time information displays. By consolidating multiple services onto a single, secure IP network, Cisco aids rail operators in reducing operational costs, enhancing safety through advanced surveillance and analytics, and increasing revenue opportunities via improved passenger services and station retail integration.
Hitachi
Hitachi Rail, a subsidiary of Hitachi Ltd. (Japan), is a prominent player in the smart railways market, offering integrated solutions that encompass rolling stock, digital signaling, and advanced mobility services. Leveraging its Lumada Intelligent Mobility Management platform, Hitachi delivers real-time analytics, smart ticketing, and predictive maintenance to enhance operational efficiency and passenger experience. The company has implemented Communication-Based Train Control (CBTC) systems in projects like the Kolkata Metro, contributing to India's first underwater metro line . Additionally, Hitachi's AI-powered monitoring systems have been shown to reduce service delays by up to 20% and maintenance costs by up to 15% . Through these innovations, Hitachi Rail is advancing sustainable and intelligent railway infrastructure globally.
Huawei
Huawei (China) is a key player in the smart railways market, offering integrated solutions that leverage AI, cloud computing, big data, and IoT to modernize rail operations. Their Smart Urban Rail Solution enhances safety, efficiency, and passenger experience by providing comprehensive data collection, real-time analytics, and intelligent decision-making capabilities. Huawei's technologies support advanced applications such as Communication-Based Train Control (CBTC), Automatic Fare Collection (AFC), and Passenger Information Systems (PIS), facilitating seamless train-to-ground communications and efficient operations. With deployments across over 300 urban rail lines in more than 70 cities worldwide, Huawei continues to drive digital transformation in the railway industry.
Market Ranking
The smart railways market is fragmented, with five main players collectively holding 20–25% of the total market share. Leading players such as Siemens, Alstom, Hitachi, Huawei, and Cisco are collectively driving innovation and digital transformation across global rail networks. Siemens provides the Mireo Smart fleet and offers different leasing options for battery, hydrogen, and electric trains, which have ETCS, Wi-Fi, and integrated passenger information systems (PIS) that provide passengers with up-to-date information. Alstom leverages its expertise in digital mobility with autonomous and driver-assistance technologies, including Automatic Train Operation (ATO) and advanced signaling, to improve safety, service quality, and energy efficiency across metro and mainline railways. Hitachi provides integrated rail solutions focused on digital signaling, on-board condition monitoring, automation, and data analytics to optimize safety, reliability, and passenger experience, with a strong presence in large-scale projects such as those for Indian Railways. Huawei’s smart railway portfolio features AI-powered yard and station solutions, boosting fault recognition, inspection efficiency, and energy savings while also supporting extensive connectivity and digital operations for rail operators globally. Cisco’s Connected Transportation Solutions integrate on-board, trackside, and station systems, enabling secure IP-based communications, passenger Wi-Fi, real-time monitoring, and Positive Train Control to enhance safety, operational efficiency, and new passenger experiences. These vendors continue to invest in R&D, partnerships, and next-generation technologies like IoT, AI, and cloud computing, shaping the future of smart, connected, and sustainable railways worldwide.
Related Reports:
Smart Railways Market by Offering (Solutions (Rail Asset Management & Maintenance, Operation & Control, Communication & Networking, Security & Safety, and Rail Analytics) and Services (Professional and Managed)) Region - Global Forecast to 2030
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