INTELLIGENT RAIL TRANSIT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In September 2024, CRRC launched two hydrogen-powered intelligent rail transit options—the CINOVA H₂ New Energy Intelligent Intercity Train and the Autonomous Rail Rapid Transit (ART) 2.0—demonstrating a commitment to zero-emission and autonomous driving solutions.
• In May 2024, Rail Vision installed its AI-driven Predictive Diagnostics Tool (PDT) with Loram, a leading U.S.-based railway track maintenance supplier, enhancing predictive maintenance capabilities.
• In February 2023, Shenzhen Metro Group emphasized technological innovations in green, low-carbon, and intelligent construction to drive high-quality development of the Shenzhen Metro system.
• In November 2023, The Intelligent Rail Summit 2023 was held in Tallinn, Estonia, focusing on the future of cross-border connectivity and the role of intelligent rail technology in shaping the Baltic region's rail infrastructure.