Railway Wire Harness Market Overview | Key Players: Hitachi Ltd. (Japan), Prysmian Group (Italy), TE Connectivity (Switzerland), Leoni (Germany), Nexans (France)

Railway Wire Harness Market By Application (HVAC, Lighting, Traction System, Infotainment), Hardware, Train (Metro/Monorail, Light Rail, HRS), Component (Wire, Connector), Voltage (High, Low), cable, wire length, end use and region

The Global Railway Wire Harness Market is estimated to reach USD 1.5 billion in 2021 and is projected to reach USD 1.9 billion by 2026, at a CAGR of 4.6% during the forecast period.

The cable segment is expected to be the largest and fastest growing market owing to the growing number of electronic systems in a train and the growing trend of driverless trains. Growing urbanization, growing demand for increased connectivity, and the convenience, reliability, and safety offered by rail transportation have led to the growth of wired components for rail transportation. Rolling stock plays an essential role in the infrastructure of a city or a country. There is a growing demand for convenient, green and safe modes of transportation from commuters and governments. For example, in 2020, China announced investments of $14 billion for intercity and high-speed rail projects. In 2020, 24 European countries have come together to boost international rail connections and provide international services for passengers traveling between 300 and 800 km, such as digital solutions for complex ticketing systems for multiple journeys. This is expected to drive the passenger transportation market in the coming years. Thus, with the increasing applications of cable harnesses in railways, cables of different lengths would see a large demand.

The infotainment segment of the market is expected to grow highest during the forecast period. The growing demand for advanced technology infotainment systems such as automatic passenger information panels, voice assistants, etc. is expected to drive the global railway wire harness market.

The infotainment system is able to simultaneously receive and analyze real-time information relating to train connections and business news, while seamlessly integrating on-train displays individually with each GPS-equipped train. With such growth of in-vehicle electronic systems, the demand for wire harnesses would increase significantly over the forecast period.

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In 2021, the company PIS (Passenger Information System) in Europe contacted Lanner to offer a railway computer to function as an on-board display control system. Once integration with the wider rail system has been established, the PIS will operate as an on-board unit behind the digital signage to provide audiovisual content for trains crossing Mont Blanc between France and Italy. On the other hand, the on-board PIS will be linked to display devices such as LED panels and customer LCD infotainment in each passenger car via serial or USB interface for real-time playback diagnostics.

Passenger information solutions, based on innovative technologies, are constantly evolving for the benefit of travelers by offering them a smooth journey and real-time information. On-board displays display relevant trip information such as travel speed, arrival time and transfer information. The latest solutions combine this type of information with entertainment while presenting the latest news, weather forecasts, sports information, as well as financial news. The growing demand for real-time information is driving the growth of the railway wire harnesses market for infotainment applications.

Opportunity: Growing trend of driverless trains

Developed countries have launched plans for the advancement of driverless train networks, which is expected to propel the growth of the transport sector. Countries like China, India, South Korea, USA, UK, Mexico, Brazil and South Africa are planning to revolutionize their rail networks with the introduction of driverless trains . Railway manufacturers are expanding geographically by investing in infrastructure for manufacturing driverless trains. Developed regions like North America and Europe are improving railway safety and security by modernizing trains and replacing legacy systems with advanced ones. These upgrades and the deployment of new driverless trains require a large amount of wiring, which creates a huge opportunity for the growth of the railway wire harnesses market. For example, in the European region, a new initiative known as the fourth railway package has been undertaken to create a single European railway area with structural and technical reforms. The initiative aims to provide high levels of safety, interoperability and reliability to the European rail network. These developments should boost the railway wiring harness market. In 2018, the Automated Metro Observatory of the International Union of Public Transport (UITP), the body responsible for disseminating and sharing knowledge about automated metro lines, announced that driverless metros around the world had exceeded a total of 1,000 km. The opening of the Pujiang Line in Shanghai, China achieved this milestone, and there are 63 Fully Automated Operation (CAM) lines in 42 cities in 19 countries around the world. Asia and Europe account for 75% of fully automated metro line kilometers, while Europe is expected to host 26% of the expected growth over the next decade, mostly in conversion projects. In May 2020, the German Federal Ministry of Economics awarded Alstom the “Regulatory Sandbox Innovation Award”*, related to a planned test project to implement automatic train operation ( ATO) in the daily operation of regional trains. The project will start in 2021 with the Regional Association of the Greater Braunschweig Region, the German Aerospace Center (DLR) and the Technical University of Berlin (TU Berlin).

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