Global Rail Asset Management Market Report 2024-2028: Analysis by Solution, Service, Deployment Mode, Application, and Region [Yahoo! Finance]
Rail Vision Ltd. - Ordinary Shares (RVSN)
Company Research
Source: Yahoo! Finance
The global rail asset management market has grown strongly in recent years. It will grow from $10.87 billion in 2023 to $11.47 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth observed in the historical period can be attributed to factors such as a focus on safety and regulatory compliance, the pursuit of cost efficiency and optimization, an increase in passenger and freight demand, the adoption of predictive maintenance practices, an emphasis on asset lifecycle management, and the efficient utilization of resources. These factors have collectively contributed to the advancement and adoption of rail asset management solutions, leading to improved safety, efficiency, and overall performance in the rail industry. The rail asset management market size is expected to see strong growth in the next few years. It will grow to $14.6 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The anticipated growth in the forecast period can be attributed to
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News
- Rail Vision score major US order advancing railway safety using its AI technology [Yahoo! Finance]Yahoo! Finance
- Rail Vision Seeks to Expand US Market Reach with AI- Driven Safety Systems Through Distribution EngagementGlobeNewswire
- Rail Vision gets $1 mln order out of contract valued at up to $5 mln [Seeking Alpha]Seeking Alpha
- Rail Vision Received $1 Million Order out of a Contract Valued at Up to $5 Million with Leading US-Based Rail and Leasing Services Company [Yahoo! Finance]Yahoo! Finance
- Rail Vision Received $1 Million Order out of a Contract Valued at Up to $5 Million with Leading US-Based Rail and Leasing Services CompanyGlobeNewswire
RVSN
Sec Filings
- 4/24/24 - Form EFFECT
- 4/12/24 - Form F-3
- 4/11/24 - Form 6-K
- RVSN's page on the SEC website