A € 57 billion market turnover. 9 billion passenger transactions per year. Japan is a promising market for European companies specialised in the railway industry. In addition to this, the recently signed EU-Japan Economic Partnership Agreement will increase market access and lower export barriers.
Safety and reliability are a continuous high priority for Japan. In that respect, opportunities can be found especially in signal systems and safety equipment through information systems development, particularly for high speed and urban railways.
A push to relieve commuting congestion in urban areas increases the demand for enhanced transportation capacity solutions, as approximately 90% of passenger traffic is concentrated in urban areas.
Companies offering systems and technologies that increase efficiency or lower maintenance costs of railway operation services and transport will have plenty of opportunities in Japan. These systems pertain to information systems for fare systems, big data and IoT applications to expand services, and automated systems that provide continuous maintenance, monitoring and resolution.
EU Gateway | Business Avenues will select up to 40 EU companies to participate in a market-scoping mission to Japan in Railway Technologies & Services from 26-29 November 2019.
Eligible companies can apply online to this unique opportunity until 19 July 2019.