The installation base for tracking devices for railway freight cars will reach over 1.3 million units by 2029.
This survey investigates the telematics solution market for tracking the location and condition of railway vehicles, including locomotives, coupled vehicles, and freight cars. The market size for railway freight car telematics solutions (including revenue from hardware, software, and services sold by solution providers) is estimated to reach 178 million euros by 2024. The market size is projected to grow at a compound annual growth rate (CAGR) of 13.6%, reaching 336.1 million euros by 2029. We will provide the latest information on vendors, products, and the market. 【Contents】 ■ Overview of freight and passenger transport ■ Railway industry ■ Railway vehicle telematics solutions ■ Market forecasts and analysis ■ Company profiles and strategies
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Publisher: Berg Insights Publication Month: May 2025 Report Language: English *For more details, please visit our website or refer to the sample materials.
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