세계의 철도 신호 시스템 시장(2025-2035년)

Railway Signaling System Market Size, Share & Trends Analysis Report by Solution (Automatic Train Protection (ATP) System, Positive Train Control (PTC) System, Communication-Based Train Control (CBTC) System, Automatic Train Operation (ATO) System, Train Detection Systems, Interlocking Systems, Wayside Signaling, and Service & Maintenance), by Application (Inside the Station, and Outside the Station), and by End-User (Mainline Railways, Urban Transit, and Freight Rail), Forecast Period (2025-2035)

Industry Overview

Railway signaling system market was valued at $17.3 billion in 2024 and is projected to reach $40.8 billion by 2035, growing at a CAGR of 8.1% during the forecast period (2025-2035). Railway infrastructure in developing countries such as India, China, and Brazil is being upgraded with electronic and digital signaling to improve safety, minimize human error, and accelerate market growth. For instance, in January 2025, Indian Railways modernized the signaling system at Shakurbasti in New Delhi, replacing one of India's oldest mechanical interlocked yards. The new electronic interlocking system with a VDU-based design and 493 routes is anticipated to provide greater passenger safety and operating efficiency. The modernization program will help bring down accidents and enhance train operations throughout the network.

Market Dynamics

Safety Standards and Requirements for Preventing Accidents

The adoption of advanced signaling systems, including automatic braking and SPAD protection, is being driven by stricter government safety regulations and accident prevention standards around the globe. For instance, in April 2025, Indian Railways introduced Kavach 5.0 at Mumbai, the first induction in the suburban railway sector of India. Kavach 5.0 is India's next-generation train protection system meant to avoid collisions, impose speed limits, and enhance safety. The main elements are automatic brakes, signal passed at danger protection, LTE-R real-time communications, speed tracking, and cybersecurity-based protocols.

Technological Advancements Driving Growth in Railway Signaling Systems

The market growth is being fueled by the integration of AI, IoT, LTE-R, and real-time data processing in traditional signaling systems. For instance, in February 2025, Siemens Mobility secures infrastructure and service contracts for Britain's second high-speed rail line. Siemens Mobility has secured four contracts worth $717.2 million with HS2 Ltd for key infrastructure and long-term maintenance. The company has been awarded four contracts by HS2 Ltd for the construction of a 225-kilometer British high-speed railway. The contracts involved wayside automatic train operations, real-time control, high voltage power supply systems, and operational telecommunications and security systems. It additionally designs, manufactures, supplies, installs, supervises, inspects, and maintains the system.

Market Segmentation

• Based on the solution, the market is segmented into automatic train protection (ATP) system, positive train control (PTC) system, communication-based train control (CBTC) System, automatic train operation (ATO) system, train detection systems, interlocking systems, wayside signaling, and service & maintenance.
• Based on the application, the market is segmented into inside the station and outside the station.
• Based on the end-user, the market is segmented into mainline railways, urban transit, and freight rail.

Urban Transit: A Key Segment in Market Growth

The urban transit segment includes metro rail, light rail transit (LRT), tramways, monorails, automated people movers, and commuter trains for the suburbs. All these systems are the basis of urban transport in densely populated cities and depend mainly on advanced signaling systems to provide safety, efficiency, and high-frequency service. The urban railway signaling market is growing with strong momentum, led by some important factors. Accelerating urbanization and the resulting increase in population densities within cities are forcing governments and transit agencies to upgrade and expand public transport systems. At the same time, growing anxiety about air pollution, congestion, and greenhouse gas emissions is making sustainable transport solutions a policy imperative. Governments around the globe are spending money on light rail and metro systems, financed by green infrastructure funds, smart city projects, and public-private partnerships. Technological innovations such as CBTC, AI-based traffic management, and real-time data integration are also driving the trend towards digital and automated signaling systems.

Regional Outlook

The global railway signaling system market is further divided by region, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).

Increasing Government Infrastructure Investment in North America

US government and international public financing programs are fueling market expansion through the encouragement of signal upgrades and compliance with advanced safety standards. For instance, in October 2024, the US Federal Railroad Administration (FRA) released more than $2.4 billion in funding for 122 rail enhancement projects in 41 states and Washington, D.C. The projects will make rail safer, more reliable, and resilient, minimizing disruptions, shipping expenses, and pollution. The grants, made through FRA's Consolidated Rail Infrastructure and Safety Improvements (CRISI) Program, serve all areas, particularly rural areas. This is the largest investment in American rail in more than 50 years.

Asia-Pacific Maintains Strong Market Position

Asia-Pacific holds a significant market share, primarily driven by rapid urbanization and the growing demand for secure, high-capacity city train networks, such as metro systems. The expansion of urban populations is fueling the need for efficient and sustainable public transportation solutions. For instance, in May 2025, Alstom constructed a new metro trainset and signaling system in Kanpur, India, to enhance connectivity, decrease travel time, and provide efficient service. The rakes are produced 100% in India at Alstom's Savli plant and are equipped with Flexx bogies and Mitrac traction systems that boost energy efficiency and cut operating expenses. The extended Corridor I of Kanpur Metro has five underground stations, with a wider reach and ease for commuters. The new trains provide a green and environmentally friendly solution compared to other transport modes, serving up to 4.5 million citizens and supporting the socio-economic growth of the area. Alstom is India's sole multinational sustainable mobility supplier, providing a full range of solutions to address customer-specific requirements. The company is focused on building a stronger local sourcing and supply chain ecosystem, in line with the national vision of Make-in-India and Atmanirbhar Bharat.

Market Players Outlook

The major companies operating in the global railway signaling system market include ALSTOM SA, Hitachi Rail Ltd., Siemens AG, Thales Group, Wabtec Corp., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.

Recent Developments

• In February 2025, Colas Rail acquired SafeRail, a leading provider of rail control and signaling systems, to strengthen its presence in the market and increase its capabilities. Colas Rail is actively enhancing its competitiveness in the French rail-signaling market and broadening its service range in order to meet changing customer demands by incorporating SafeRail's specialized expertise and local presence into its operations.
• In September 2024, Hitachi Rail launched its HMAX suite, powered by NVIDIA AI technology that offers an all-in-one digital asset management platform for optimizing trains, signaling, and infrastructure management. The platform combines live data collection with AI technology for enhanced analysis speed and ease.
• In September 2024, Knorr-Bremse acquired Alstom Signaling North America's conventional rail signaling business, marking a strategic move towards long-term profitability and sustainable growth. The acquisition enables Knorr-Bremse to enter North America's Control, Command, and Signaling (CCS) market and develop new digital solutions.
• In July 2024, Alstom was awarded a $1 billion contract by the Public Transport Authority (PTA) of Western Australia for the design, supply, construction, installation, testing, commissioning, and maintenance of high-capacity signaling technology for Perth's suburban rail network.
• In May 2024, Hitachi Rail completed its $1.8 billion acquisition of Thales' Ground Transportation Systems, expanding its global presence to 51 countries. The acquisition focuses on higher-return signaling and systems, with Hitachi Rail and GTS being the leading suppliers of rail mainline signaling services in the EEA.

The Report Covers:

• Market value data analysis of 2024 and forecast to 2035.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global railway signaling system market. Based on the availability of data, information related to new products and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

Table of Contents

1. Report Summary

• Current Industry Analysis and Growth Potential Outlook
• Global Railway Signaling System Market Sales Analysis - Solution | Application | End-User ($ Million)
• Railway Signaling System Market Sales Performance of Top Countries
• 1.1. Research Methodology
• Primary Research Approach
• Secondary Research Approach
• 1.2. Market Snapshot

2. Market Overview and Insights

• 2.1. Scope of the Study
• 2.2. Analyst Insight & Current Market Trends
  • 2.2.1. Key Railway Signaling System Market Trends
  • 2.2.2. Market Recommendations

3. Market Determinants

• 3.1. Market Drivers
  • 3.1.1. Drivers For Global Railway Signaling System Market: Impact Analysis
• 3.2. Market Pain Points and Challenges
  • 3.2.1. Restraints For Global Railway Signaling System Market: Impact Analysis
• 3.3. Market Opportunities
  • 3.3.1. Opportunities For Global Railway Signaling System Market: Impact Analysis

4. Competitive Landscape

• 4.1. Competitive Dashboard - Railway Signaling System Market Revenue and Share by Manufacturers
• Railway Signaling System Comparison Analysis
• Top Market Player Ranking Matrix
• 4.2. Key Company Analysis
  • 4.2.1. ALSTOM SA
    • 4.2.1.1. Overview
    • 4.2.1.2. Product Portfolio
    • 4.2.1.3. Financial Analysis (Subject to Data Availability)
    • 4.2.1.4. SWOT Analysis
    • 4.2.1.5. Business Strategy
  • 4.2.2. Hitachi Rail Ltd.
    • 4.2.2.1. Overview
    • 4.2.2.2. Product Portfolio
    • 4.2.2.3. Financial Analysis (Subject to Data Availability)
    • 4.2.2.4. SWOT Analysis
    • 4.2.2.5. Business Strategy
  • 4.2.3. Siemens AG
    • 4.2.3.1. Overview
    • 4.2.3.2. Product Portfolio
    • 4.2.3.3. Financial Analysis (Subject to Data Availability)
    • 4.2.3.4. SWOT Analysis
    • 4.2.3.5. Business Strategy
  • 4.2.4. Thales Group
    • 4.2.4.1. Overview
    • 4.2.4.2. Product Portfolio
    • 4.2.4.3. Financial Analysis (Subject to Data Availability)
    • 4.2.4.4. SWOT Analysis
    • 4.2.4.5. Business Strategy
  • 4.2.5. Wabtec Corp.
    • 4.2.5.1. Overview
    • 4.2.5.2. Product Portfolio
    • 4.2.5.3. Financial Analysis (Subject to Data Availability)
    • 4.2.5.4. SWOT Analysis
    • 4.2.5.5. Business Strategy
• 4.3. Top Winning Strategies by Market Players
  • 4.3.1. Merger and Acquisition
  • 4.3.2. Product Launch
  • 4.3.3. Partnership And Collaboration

5. Global Railway Signaling System Market Sales Analysis by Solution ($ Million)

• 5.1. Automatic Train Protection (ATP) System
• 5.2. Positive Train Control (PTC) System
• 5.3. Communication-Based Train Control (CBTC) System
• 5.4. Automatic Train Operation (ATO) System
• 5.5. Train Detection Systems
• 5.6. Interlocking Systems
• 5.7. Wayside Signaling
• 5.8. Service & Maintenance

6. Global Railway Signaling System Market Sales Analysis by Application ($ Million)

• 6.1. Inside the Station
• 6.2. Outside the Station

7. Global Railway Signaling System Market Sales Analysis by End-User ($ Million)

• 7.1. Mainline Railways
• 7.2. Urban Transit
• 7.3. Freight Rail

8. Regional Analysis

• 8.1. North American Railway Signaling System Market Sales Analysis - Solution | Application | End-User | Country ($ Million)
• Macroeconomic Factors for North America
  • 8.1.1. United States
  • 8.1.2. Canada
• 8.2. European Railway Signaling System Market Sales Analysis - Solution | Application | End-User | Country ($ Million)
• Macroeconomic Factors for Europe
  • 8.2.1. UK
  • 8.2.2. Germany
  • 8.2.3. Italy
  • 8.2.4. Spain
  • 8.2.5. France
  • 8.2.6. Russia
  • 8.2.7. Rest of Europe
• 8.3. Asia-Pacific Railway Signaling System Market Sales Analysis - Solution | Application | End-User | Country ($ Million)
• Macroeconomic Factors for Asia-Pacific
  • 8.3.1. China
  • 8.3.2. Japan
  • 8.3.3. South Korea
  • 8.3.4. India
  • 8.3.5. Australia & New Zealand
  • 8.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Other)
  • 8.3.7. Rest of Asia-Pacific
• 8.4. Rest of the World Railway Signaling System Market Sales Analysis - Solution | Application | End-User | Country ($ Million)
• Macroeconomic Factors for the Rest of the World
  • 8.4.1. Latin America
  • 8.4.2. Middle East and Africa

9. Company Profiles

• 9.1. ABB Ltd.
  • 9.1.1. Quick Facts
  • 9.1.2. Company Overview
  • 9.1.3. Product Portfolio
  • 9.1.4. Business Strategies
• 9.2. ALSTOM SA
  • 9.2.1. Quick Facts
  • 9.2.2. Company Overview
  • 9.2.3. Product Portfolio
  • 9.2.4. Business Strategies
• 9.3. Angel Holding Srl
  • 9.3.1. Quick Facts
  • 9.3.2. Company Overview
  • 9.3.3. Product Portfolio
  • 9.3.4. Business Strategies
• 9.4. BASF SE
  • 9.4.1. Quick Facts
  • 9.4.2. Company Overview
  • 9.4.3. Product Portfolio
  • 9.4.4. Business Strategies
• 9.5. Belden Inc.
  • 9.5.1. Quick Facts
  • 9.5.2. Company Overview
  • 9.5.3. Product Portfolio
  • 9.5.4. Business Strategies
• 9.6. Bharat Rail Automation Pvt. Ltd.
  • 9.6.1. Quick Facts
  • 9.6.2. Company Overview
  • 9.6.3. Product Portfolio
  • 9.6.4. Business Strategies
• 9.7. CAF Group
  • 9.7.1. Quick Facts
  • 9.7.2. Company Overview
  • 9.7.3. Product Portfolio
  • 9.7.4. Business Strategies
• 9.8. CG Power & Industrial Solutions Ltd.
  • 9.8.1. Quick Facts
  • 9.8.2. Company Overview
  • 9.8.3. Product Portfolio
  • 9.8.4. Business Strategies
• 9.9. Cisco Systems, Inc.
  • 9.9.1. Quick Facts
  • 9.9.2. Company Overview
  • 9.9.3. Product Portfolio
  • 9.9.4. Business Strategies
• 9.10. Efftronics Systems Pvt. Ltd.
  • 9.10.1. Quick Facts
  • 9.10.2. Company Overview
  • 9.10.3. Product Portfolio
  • 9.10.4. Business Strategies
• 9.11. Hitachi Rail Ltd.
  • 9.11.1. Quick Facts
  • 9.11.2. Company Overview
  • 9.11.3. Product Portfolio
  • 9.11.4. Business Strategies
• 9.12. Huawei Technologies Co., Ltd.
  • 9.12.1. Quick Facts
  • 9.12.2. Company Overview
  • 9.12.3. Product Portfolio
  • 9.12.4. Business Strategies
• 9.13. Kyosan Electric Mfg. Co., Ltd.
  • 9.13.1. Quick Facts
  • 9.13.2. Company Overview
  • 9.13.3. Product Portfolio
  • 9.13.4. Business Strategies
• 9.14. L&T Technology Services Ltd.
  • 9.14.1. Quick Facts
  • 9.14.2. Company Overview
  • 9.14.3. Product Portfolio
  • 9.14.4. Business Strategies
• 9.15. MER MEC S.p.A.
  • 9.15.1. Quick Facts
  • 9.15.2. Company Overview
  • 9.15.3. Product Portfolio
  • 9.15.4. Business Strategies
• 9.16. Nippon Signal Co., Ltd.
  • 9.16.1. Quick Facts
  • 9.16.2. Company Overview
  • 9.16.3. Product Portfolio
  • 9.16.4. Business Strategies
• 9.17. Nokia Corp.
  • 9.17.1. Quick Facts
  • 9.17.2. Company Overview
  • 9.17.3. Product Portfolio
  • 9.17.4. Business Strategies
• 9.18. RailTel Corp. of India Ltd.
  • 9.18.1. Quick Facts
  • 9.18.2. Company Overview
  • 9.18.3. Product Portfolio
  • 9.18.4. Business Strategies
• 9.19. Siemens AG
  • 9.19.1. Quick Facts
  • 9.19.2. Company Overview
  • 9.19.3. Product Portfolio
  • 9.19.4. Business Strategies
• 9.20. SYSTRA Group
  • 9.20.1. Quick Facts
  • 9.20.2. Company Overview
  • 9.20.3. Product Portfolio
  • 9.20.4. Business Strategies
• 9.21. Thales Group
  • 9.21.1. Quick Facts
  • 9.21.2. Company Overview
  • 9.21.3. Product Portfolio
  • 9.21.4. Business Strategies
• 9.22. Toshiba Corp.
  • 9.22.1. Quick Facts
  • 9.22.2. Company Overview
  • 9.22.3. Product Portfolio
  • 9.22.4. Business Strategies
• 9.23. TUV SUD Group
  • 9.23.1. Quick Facts
  • 9.23.2. Company Overview
  • 9.23.3. Product Portfolio
  • 9.23.4. Business Strategies
• 9.24. Universal Signalling Ltd.
  • 9.24.1. Quick Facts
  • 9.24.2. Company Overview
  • 9.24.3. Product Portfolio
  • 9.24.4. Business Strategies
• 9.25. Wabtec Corp.
  • 9.25.1. Quick Facts
  • 9.25.2. Company Overview
  • 9.25.3. Product Portfolio
  • 9.25.4. Business Strategies