openPR Logo
Press release

Autonomous Trains Market Expanding at a CAGR of 12.70% over the period over the period

07-09-2018 07:14 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Autonomous Trains Market Expanding at a CAGR of 12.70% over

Autonomous trains is the most sophisticated technology in the field of railway transport system. Technologically advanced system are used in trains to operate it without the aid of a driver and the safety of the passengers is increased. These trains are furnished with high-powered cameras, latest sensors, GPS data, and onboard computer systems.

Autonomous train operation consist of different components which can be automated and based on the automation of components the Grades of Automation (GoA) are decided. The automation of train also consist of passenger safety technology which are included in autonomous train protection. Different terms used in autonomous trains market are: Automatic Train Protection (ATP), Automatic Train Operation (ATO), Automatic Train Control (ATC), Semi-Automatic Train Operation (STO), Driverless Train Automation (DTO), and Unattended Train Operation (UTO).

Railways are considered the most efficient and safe means of transportation compared to highways due to fewer number of accidents recorded. Hence the key market drivers of autonomous trains market are increased demand for safety, increased demand for speed and efficiency, and the government support for implanting automation in the trains. Implementation of automation technologies in trains is proved to be more useful for reducing the number of accidents and pollution, reducing the load on the fossil fuels, and increasing the efficiency.

Get PDF Sample of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25643

However the cost of train automation is very high which could slow the growth of the autonomous trains market coupled with the high possibilities of hacking the system.

Continuous research and development in the field of automation technology, increased concentration of manufacturers on developing trains implemented with some grade of automation, and government support have unveiled great opportunities for the autonomous trains market.

Download TOC@ https://www.transparencymarketresearch.com/report-toc/25643

Subway/Metros Exhibit Higher Rate of Automation

The Autonomous Trains market has been segmented into three categories: based on grade, based on train type, and region. In terms of grades, the autonomous trains market is segregated as GoA1 + GoA2, GoA3, and GoA4. GoA1 trains consist of ATP with driver and all other components are operated manually. GoA2 trains have ATP and ATO with driver, automatic accelerating and stopping of train, and other functions are controlled manually.

In the GoA3 trains train is operated automatically without the aid of driver. In these trains setting train in motion and stopping train are performed automatically, doors are operated by train attendant. In GoA3 trains, stopping the train in case of disruption is done by the train attendant. The GoA4 trains are fully automated and are unattended.

In terms of train type the autonomous train market is segmented as long distance train, Suburban trains, tram, Monorail, and subway/metro. Subway/metros has higher rate of automation. Followed by the suburban trains. Monorails were developed in Germany in 1990, and growing in the other regions too.

View Report https://www.transparencymarketresearch.com/autonomous-trains-market.html

Asia Pacific Emerges Dominant due to Increased Rate of Train Track Laying

In terms of region, the Autonomous trains market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Currently the Asia Pacific region is dominating the autonomous trains market. Increased rate of train track laying, awareness about the technologies and government support for the implementation of the autonomous technologies in the train, these factors are leading the Asia Pacific in the market of autonomous trains.

Benefits of train transportation, increased emphasis of governing bodies for automation of railways, and future scope for the automation are attracting the global key players for developing technologically advanced trains. For this the key players are concentrated on merger, acquisition, and collaboration amongst them and governing bodies of different countries. Global key players in the market of autonomous trains are Thales Group, Alstom S.A., Hitachi Ltd., Bombardier Transportation, Ansaldo STS, SIEMENS AG, Mitsubishi Electric, and CRRC Corporation limited.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog: http://www.techyounme.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Autonomous Trains Market Expanding at a CAGR of 12.70% over the period over the period here

News-ID: 1116568 • Views: 434

More Releases from Transparency Market Research

Meningitis Diagnostic Testing Market Outlook, Trend, Growth and Share Estimation …
Meningitis Diagnostic Testing Market: Overview The global meningitis diagnostic testing market was valued over US$ 105.5 Mn in 2016 and is projected to register cumulative annual growth rate (CAGR) of over 3.0% from 2017 to 2025, according to a new report published by Transparency Market Research (TMR) titled "Meningitis Diagnostic Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2025". The report suggests that rising demand for innovative
Metformin Hydrochloride API Market to Expand at a CAGR of ~5% from 2021 to 2031
Metformin Hydrochloride API Market: Introduction According to the report, the global metformin hydrochloride API market was valued at ~US$ 300 Mn in 2020 and is projected to expand at a CAGR of ~5% from 2021 to 2031. Metformin hydrochloride is primarily used in the treatment of diabetes. The prevalence of diabetes is expected to increase across the world due to change in lifestyle and factors such as malnutrition and genetic mutations.
Telehealth Market to Reach the Value of US$ 15 Bn by the End of 2028
Telehealth Market: Introduction According to the report, the global telehealth market was valued at US$ 7.8 Bn in 2020 and is projected to expand at a CAGR of 7% from 2021 to 2028. The global telehealth market has witnessed strong growth in the past few years. Telehealth is no longer an option, but a necessity due to the increasing dangers of COVID-19. Read Report Overview - https://www.transparencymarketresearch.com/telehealth-market.html The crisis presents an opportunity
Lyme Disease Treatment Market Growth Trends, Current Demand, and Development Rep …
Lyme Disease Treatment Market: Introduction According to the report, the global Lyme disease treatment market was valued at US$ 1.58 Bn in 2020 and is projected to expand at a CAGR of ~6% from 2021 to 2031. Increase in pet ownership, surge in awareness & adoption of veterinary care, and rise in healthcare expenditure on animals are anticipated to drive the global Lyme disease treatment market from 2021 to 2031.North America

All 5 Releases


More Releases for Train

Hybrid Train Market: Analysis & Developments
According to the new market research report "Hybrid Train Market by Propulsion Type (Electro Diesel, Battery Operated, Hydrogen, CNG, LNG, and Solar), Application (Passenger and Freight), Operating Speed (>100 km/h, 100-200 km/h, Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.com Research Insight: https://www.marketsandmarkets.com/ResearchInsight/hybrid-train-market.asp Visit Our Web Site: https://www.marketsandmarkets.com MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Train Automation Market Professional Survey Report
This report studies the global Train Automation market status and forecast, categorizes the global Train Automation market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-train-automation2018-429 The global Train Automation market is valued at xx
Hyperloop Train Market Propitious over 2025
Global Hyperloop Train Market: Snapshot The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market. The demand is expected to be highest
Global Train Lighting
“Global Train Lighting Industry Report" is an expert and in-depth analysis of key business and future development prospects, key determinants and restrictions, profiles of major market players, segmentation and forecasting. In this report, the global Train Lighting market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. You can
Global Train Seat Market
Railways are the cheaper and convenient mode of transportation. Railway infrastructure contributes building the economic growth of the country. As an attractive alternative to road transport and air travel, railways are catering to the high comfort need of travelers. In order to curtail the traffic on the road transport, governments worldwide are focusing on increasing train transits i.e. the number, network and capacities which is one of the primary factors
How to House-train Your Puppy
Everyone loves a new puppy but training him to do the things he has to do outside rather than on the living room carpet can be something of a challenge. Here pet product manufacturer Rolf C. Hagen offers some helpful advice to make the process easier for both you and your pet. Dogs learn best by repetition so it’s important to get him into a routine. First decide where