Global Train Control Systems Market is expected to reach XX Billion by 2026 from 2.61 Billion in 2018 at CAGR of XX %. (Detailed analysis of the market CAGR is provided in the report).
Global Train Control Systems Market
Global Train Control Systems market is segmented by train type, connectivity, component, control solution, and geography. Train type segment is classified as metros & high-speed trains, electric multiple units, and diesel multiple units. Connectivity market is divided as GSM-R, Wi-Fi, tetra, and others. A component segment includes a vehicle control unit, mobile communication gateway, human-machine interface and others. Various control solutions covered under this reports are positive train control, communication-based train control, and integrated train control. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Development of light rail transit is trending the overall Train Control Systems market. However, high infrastructural & maintenance costs will restrain market growth. North America is going to emerge as one of the higher growth regions in the forecast period followed by APAC and Europe. Increasing penetration of metros & high-speed trains will fuel the Train Control Systems market in North America region.
Key Highlights:
Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints and challenges for this market during the forecast period
Complete quantitative analysis of the industry from 2016 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities
In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
Train Control Systems market analysis and comprehensive segmentation with respect to the train type, connectivity, component, control solution, and geography to assist in strategic business planning
Train Control Systems market analysis and forecast for five major geographies North America, Europe, Asia pacific, Middle East & Africa, Latin America and their key regions
Research Methodology
Research methodology used in this report contains various secondary sources including directories such as Association of American Railroads (AAR), Community of European Railway and Infrastructure Companies (CER), Federal Railroad Administration, RailNetEurope (RNE), International Union of Railways, Centre for Railway Information Systems, and Australasian Railway Association (ARA). Bloomberg, Hoovers, and Factiva are some of the sites that are being referred to gain insights about the Train Control Systems market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Train Control Systems market globally
Key Players in the Global Train Control Systems Market Are:
Mitsubishi Electric Corporation
Bombardier
Toshiba Corporation
Siemens AG
EKE Finance Ltd.
Hitachi Limited
Knorr-Bremse AG
Strukton
Alstom
CAF
China Railway Signal & Communication Corporation Limited (CRSC)
ABB
Thales Group
Quester Tangent
Aselsan A.S
Key Target Audience:
Research and Consulting Firms as well as Venture capitalists, private equity firms, and startup companies
Train Control Systems manufacturers
Rail operators
Train Control Systems Market Investors
Rolling stock manufacturers
Rail associations
Railway signaling specialist
Government and regulatory authorities
Train control system manufacturers
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The scope of the Global Train Control Systems Market:
Research report categorizes the Train Control Systems market based on train type, connectivity, component, control solution, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Train Control Systems market with key developments in companies and market trends.
Global Train Control Systems Market, By Train Type
Metros & High-Speed Trains
Electric Multiple Units
Diesel Multiple Units
Global Train Control Systems Market, By Component
Vehicle Control Unit
Mobile Communication Gateway
Human Machine Interface
Others
Global Train Control Systems Market, By Connectivity
GSM-R
Wi-Fi
TETRA
Others
Global Train Control Systems Market, By Control Solutions
Positive Train Control
Communication-Based Train Control
Integrated Train Control
Global Train Control Systems Market, By Geography
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
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