Train Door Systems Market Analysis Europe, APAC, North America, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 164 SKU: IRTNTR43739

Train Door Systems Market 2024-2028

The train door systems market size is estimated to grow at a CAGR of 5.38% between 2023 and 2028. The market size is forecast to increase by USD 376.65 million. The growth of the market depends on several factors, including growing rail passenger traffic, growing rolling stock across the globe, and the increased demand for modernized railway infrastructure. 

The report includes a comprehensive outlook on the Train Door Systems Market, offering forecasts for the industry segmented by Product, which comprises electrical train door systems, pneumatic train door systems, and manual train door systems. Additionally, it categorizes Application into, entrance doors and internal doors and covers Geography regions, including Europe, APAC, North America, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.

What will be the size of the Train Door Systems Market During the Forecast Period?

Train Door Systems Market Forecast 2024-2028

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Train Door Systems Market Dynamic

Driver- Increased demand for modernized railway infrastructure

Many railway operators are carrying out modernization and upgrading activities for their rail infrastructure. Not only are these activities aimed at replacing legacy assets with new assets, but they also add new systems with enhanced safety and monitoring capabilities. Consequently, modernizing the railway network provides opportunities for train door system market players. End-users participating in modernization and upgrades are looking to install more sophisticated systems. These modernization activities are more active in Europe and North America.

Furthermore, some Asian countries where railway networks are prone to poor management and safety issues are also upgrading their railway infrastructure. Such investments will raise the demand for rolling stock and the components of rolling stock, such as train seating, train doors, and train control system solutions, which, in turn, will boost the growth of the market during the forecast period.

Trends- Rise in the use of automation and IoT in railways

Railway systems are adopting automation and IoT to control and manage technology and communications systems. Smart railway systems give trains the ability to sense their environment and react accordingly. These smart trains are a combination of geospatial mapping, smart vision systems, automatic train doors, sensor integrated sorry, and network-centric.

Moreover, as technologies such as IoT are becoming mainstream, it is getting easier and more inexpensive to provide efficient services such as asset utilization, reduced costs, better experience, and better operations. Along with the information technology (IT) sector, engineering, maintenance, door systems, signaling, communications, and ticketing sectors are also using this technology. Thus, such factors will boost the growth of the market during the forecast period.

Challenge- High entry barriers for new entrants to enter the market

Train door systems have a life cycle of around 17-25 years. Once a system is installed in a rail vehicle, it cannot be replaced until or unless there is a fault in the system. Therefore, initial investment and maintenance costs for train door systems will be high, and this will restrict customers from switching to or experimenting with products offered by new players. Furthermore, the market has already been dominated by a few big players that have a strong customer base throughout the globe. Their presence will affect the entry of new players. 

Moreover, when major market players go for long-term contracts with suppliers, it makes them reduces the bargaining power of the suppliers, but this is not the case for small vendors. In addition, the payment by the customer happens only after the installation of the system, so players are required to bear the complete capital investment and operating expenses. This makes it difficult for new players to invest such huge capital without any immediate returns, which may impede the growth of the market during the forecast period.

Train Door Systems Market Segmentation by Product, Application, and Geography

Product Segment Analysis

The electrical train door systems segment will account for a major share of the market's growth during the forecast period.? The market is expected to grow due to the increase in the adoption of high-speed rail networks in countries such as China and Japan. Some of the advantages of adopting an electrical train door system include advanced power electronics and software technology to provide safety, accurate obstruction detection, and simplified installation as well as easy maintenance and inspection.

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The electrical train door systems segment was valued at USD 559.54 million in 2018. Furthermore, the low investment in high-speed rail vehicles in North America is expected to stagnate the growth of the market. Market stagnation can lead to market consolidation. However, the consolidation will provide opportunities for North American manufacturers to grow in an inorganic way, which in turn will bring innovation to the electrical train door systems market in the region. Hence, vendors are offering electrical door systems with advanced power electronics technologies. Therefore, such factors are expected to boost segment growth during the forecast period.

Application Segment Analysis

Based on application, the market has been segmented into entrance doors and internal doors. The entrance doors segment will account for the largest share of this segment.? Entrance doors are the main interface between passengers and trains. Advanced access system technology is essential to ensure that these procedures run smoothly, even on crowded trains and in adverse environmental conditions. Faiveley Transport is a global leader in the design, manufacture, and supply of passenger access systems for the railway industry. Some of Faiveley Transport's most popular external door systems include the swing door system, the plug door system, and the sliding door system. Thus, such factors will propel the growth of the entrance doors segment, which, in turn, will drive the growth of the global train door systems market during the forecast period.

Regional Analysis

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APAC is estimated to contribute 34% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.  . Another region offering significant growth opportunities to companies is Europe. The railway is a major medium of transportation in Europe, where several countries are linked to each other through the rail network.  Europe has also been a frontrunner in adopting advanced systems for railway transportation. Additionally, as railways form the backbone of transportation in Europe, government support has been a significant contributor to the railway sector.

Furthermore, several countries in Europe are upgrading their railway infrastructure with new advanced safety systems and more efficient monitoring systems. The investments are aimed at introducing new railway networks and developing existing ones. In Western Europe, where railway infrastructure is highly developed, most of the investment is aimed at improving the old railway infrastructure. Hence, such factors are expected to drive market growth in this region during the forecast period.

Who are the Major Train Door Systems Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Doorspec Inc.: The company offers train door products systems such as DOORspec systems.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Ayala Corp., EKE Group, Elmesy Ltd., Fuji Electric Co. Ltd., igus GmbH, IMI Norgren Herion Pvt. Ltd., Ingersoll Rand Inc., Jewers Doors Ltd., Knorr Bremse AG, Meiller Aufzugturen GmbH, Nabtesco Corp., Pars Komponenty, Polarteknik Oy, Schaltbau Holding AG, Siemens AG, Tamware Oy AB, Trovon Group, Ultimate Europe Transportation Equipment GmbH, and WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The train door systems market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Product Outlook
    • Electrical train door systems
    • Pneumatic train door systems
    • Manual train door systems
  • Application Outlook
    • Entrance doors
    • Internal doors
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Train Door Systems Market Scope

Report Coverage

Details

Page number

164

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.38%

Market Growth 2024-2028

USD 376.65 million

Market structure

Fragmented

YoY growth 2023-2024(%)

5.18

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 34%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Ayala Corp., Doorspec Inc., EKE Group, Elmesy Ltd., Fuji Electric Co. Ltd., igus GmbH, IMI Norgren Herion Pvt. Ltd., Ingersoll Rand Inc., Jewers Doors Ltd., Knorr Bremse AG, Meiller Aufzugturen GmbH, Nabtesco Corp., Pars Komponenty, Polarteknik Oy, Schaltbau Holding AG, Siemens AG, Tamware Oy AB, Trovon Group, Ultimate Europe Transportation Equipment GmbH, and WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Train Door Systems Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the train door systems market between 2024 and 2028
  • Precise estimation of the train door systems market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across Europe, APAC, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of train door systems market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global train door systems market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global train door systems market 2018 - 2022 ($ million)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Electrical train door systems - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Electrical train door systems - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Electrical train door systems - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Electrical train door systems - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Electrical train door systems - Year-over-year growth 2023-2028 (%)
    • 6.4 Pneumatic train door systems - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Pneumatic train door systems - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Pneumatic train door systems - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Pneumatic train door systems - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Pneumatic train door systems - Year-over-year growth 2023-2028 (%)
    • 6.5 Manual train door systems - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Manual train door systems - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Manual train door systems - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Manual train door systems - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Manual train door systems - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ million)
      • Exhibit 47: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 48: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 50: Chart on Comparison by Application
      • Exhibit 51: Data Table on Comparison by Application
    • 7.3 Entrance doors - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Entrance doors - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Entrance doors - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Entrance doors - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Entrance doors - Year-over-year growth 2023-2028 (%)
    • 7.4 Internal doors - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Internal doors - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Internal doors - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Internal doors - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Internal doors - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Application
      • Exhibit 60: Market opportunity by Application ($ million)
      • Exhibit 61: Data Table on Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2023-2028
      • Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 Germany - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.10 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Doorspec Inc.
              • Exhibit 115: Doorspec Inc. - Overview
              • Exhibit 116: Doorspec Inc. - Product / Service
              • Exhibit 117: Doorspec Inc. - Key offerings
            • 12.4 EKE Group
              • Exhibit 118: EKE Group - Overview
              • Exhibit 119: EKE Group - Product / Service
              • Exhibit 120: EKE Group - Key offerings
            • 12.5 Elmesy Ltd.
              • Exhibit 121: Elmesy Ltd. - Overview
              • Exhibit 122: Elmesy Ltd. - Product / Service
              • Exhibit 123: Elmesy Ltd. - Key offerings
            • 12.6 Fuji Electric Co. Ltd.
              • Exhibit 124: Fuji Electric Co. Ltd. - Overview
              • Exhibit 125: Fuji Electric Co. Ltd. - Business segments
              • Exhibit 126: Fuji Electric Co. Ltd. - Key offerings
              • Exhibit 127: Fuji Electric Co. Ltd. - Segment focus
            • 12.7 igus GmbH
              • Exhibit 128: igus GmbH - Overview
              • Exhibit 129: igus GmbH - Product / Service
              • Exhibit 130: igus GmbH - Key offerings
            • 12.8 Ingersoll Rand Inc.
              • Exhibit 131: Ingersoll Rand Inc. - Overview
              • Exhibit 132: Ingersoll Rand Inc. - Business segments
              • Exhibit 133: Ingersoll Rand Inc. - Key offerings
              • Exhibit 134: Ingersoll Rand Inc. - Segment focus
            • 12.9 Knorr Bremse AG
              • Exhibit 135: Knorr Bremse AG - Overview
              • Exhibit 136: Knorr Bremse AG - Business segments
              • Exhibit 137: Knorr Bremse AG - Key offerings
              • Exhibit 138: Knorr Bremse AG - Segment focus
            • 12.10 Meiller Aufzugturen GmbH
              • Exhibit 139: Meiller Aufzugturen GmbH - Overview
              • Exhibit 140: Meiller Aufzugturen GmbH - Product / Service
              • Exhibit 141: Meiller Aufzugturen GmbH - Key offerings
            • 12.11 Nabtesco Corp.
              • Exhibit 142: Nabtesco Corp. - Overview
              • Exhibit 143: Nabtesco Corp. - Business segments
              • Exhibit 144: Nabtesco Corp. - Key offerings
              • Exhibit 145: Nabtesco Corp. - Segment focus
            • 12.12 Pars Komponenty
              • Exhibit 146: Pars Komponenty - Overview
              • Exhibit 147: Pars Komponenty - Product / Service
              • Exhibit 148: Pars Komponenty - Key offerings
            • 12.13 Polarteknik Oy
              • Exhibit 149: Polarteknik Oy - Overview
              • Exhibit 150: Polarteknik Oy - Product / Service
              • Exhibit 151: Polarteknik Oy - Key offerings
            • 12.14 Schaltbau Holding AG
              • Exhibit 152: Schaltbau Holding AG - Overview
              • Exhibit 153: Schaltbau Holding AG - Business segments
              • Exhibit 154: Schaltbau Holding AG - Key offerings
              • Exhibit 155: Schaltbau Holding AG - Segment focus
            • 12.15 Siemens AG
              • Exhibit 156: Siemens AG - Overview
              • Exhibit 157: Siemens AG - Business segments
              • Exhibit 158: Siemens AG - Key news
              • Exhibit 159: Siemens AG - Key offerings
              • Exhibit 160: Siemens AG - Segment focus
            • 12.16 Tamware Oy AB
              • Exhibit 161: Tamware Oy AB - Overview
              • Exhibit 162: Tamware Oy AB - Key offerings
            • 12.17 Ultimate Europe Transportation Equipment GmbH
              • Exhibit 163: Ultimate Europe Transportation Equipment GmbH - Overview
              • Exhibit 164: Ultimate Europe Transportation Equipment GmbH - Product / Service
              • Exhibit 165: Ultimate Europe Transportation Equipment GmbH - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 166: Inclusions checklist
                • Exhibit 167: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 168: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 169: Research methodology
                • Exhibit 170: Validation techniques employed for market sizing
                • Exhibit 171: Information sources
              • 13.5 List of abbreviations
                • Exhibit 172: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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