Railway

Railway

  • The worldwide railways market was valued at USD 295.80 billion in 2021 and is predicted to increase at a CAGR of 4.4 percent between 2022 and 2030.
  • The global railway network extends over 1.3 million route kilometres.
  • The United States has the world's longest railroad network, followed by Russia, China, India, Canada, Germany, and France.
  • Drones and smart sensors for monitoring railway lines, digital communication platforms, and autonomous train control are among the primary rail sector advancements (ATC).