Rail to Benefit Globally from Aim to Move Traffic away from Roads

Digitalisation of Platforms and Intermodal Mobility to Boost Growth in all Rail Segments, finds Frost & Sullivan GIL Briefing

Analyst Briefing by Frost & Sullivan's Mobility Team

LONDON, Aug. 24, 2016 /PRNewswire/ --

WHEN	Tuesday, 6th September, 2016 at 4:00 pm BST
LOCATION:	Online, with Complimentary Registration
SPEAKERS:	Krishna Achuthan, Frost & Sullivan Senior Research Analyst, Shyam Raman, Frost & Sullivan Program Manager and guest speaker Renate Bay, Managing Director ASC GmbH

Photo - http://photos.prnewswire.com/prnh/20160824/400815

There has been a steady growth in rail freight and passenger volumes across the globe and new business models are reshaping the rail landscape. In addition to the continuation of this trend, the influence of information technology in rail is expected to open opportunities for rail market participants to make advances in telematics, automation and energy efficiency. The global rail market is expected to provide significant opportunities in terms of growth as investment in new priority rail projects and government initiatives are expected to drive volumes and private investment in rail

The demand for improved efficiency in the rail industry is expected to drive the market for advanced asset and fleet management tools, new rolling stock, and upgrades to rail infrastructure. Rail OEMs, operators and service providers will expand capabilities in predictive analytics and remote asset management, and also focus on prognostics, safety enhancements, and wireless security solutions. Rail companies across the industry are required to adopt new business strategies and launch new services through mergers and acquisitions.