How is Need for Improving Security and Safety in Railway Systems Driving Train Control Management System Market? Key Players are Toshiba Corporation, Siemens, China Railway Signal & Communication Corporation Limited, EKE Group, Knorr-Bremse, Rockwell Coll

Everyone has probably seen the horrific scenes in old movies concerning with some fault in the railway system, leading to the derailment of the train or some other equally scary consequence. Even if it weren't for these outlets, people are mostly aware that the safety and security of railway systems is of great importance, as the slightest of fault can lead to catastrophic results. The safety of the rail traffic is dependent of several factor, primarily the rolling stock, professional qualifications and proper performance of duties by employees, the organization of traffic and rail transport, and the technical condition of the railway infrastructure.

Train Control Management System (TCMS) Market Key Players are:
1- Toshiba Corporation
2- Siemens
3- China Railway Signal & Communication Corporation Limited
4- EKE Group
5- Knorr-Bremse
6- Rockwell Collins

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In order to ensure the safety of railway, train control management systems (TCMS), also known as the brain of the train/locomotive, are utilized. TCMS is the standard communication, control, and train management system for different vehicle platforms and applications. The system provides an integrated prognostic and diagnostic capability on the train and the visualization of system performance issues and aids the driver to take a corrective action if required. As per a report by P&S Intelligence, by 2023, the global train control management system market is predicted to reach a value of $4.9 billion and is projected to advance at an 8.8% CAGR during the forecast period (2018-2023).

Because of the rising need for rapid transit systems with enhanced safety and comfort features, the demand for TCMS was the highest for metro and high-speed trains. The solutions provided by TCMS are integrated train control (ITC), communication-based train control (CBTC), and positive train control (PTC). Among these, the CBTC solution was the most in demand in the past; but the demand for PTC solutions is predicted to increase in the coming years, as they offer line capacity enhancement, higher fuel savings, and improved service.

Wired train bus (WTB), multifunctional vehicle bus (MVB), and ethernet consist network (ENC) are the networks provided by TCMS. In the coming years, the ENC network is projected to register substantial demand, since it offers benefits including improved passenger safety and reasonable ownership cost. When geography is taken into consideration, Europe emerged as the largest train control management system market in the past. Other than this, the demand and TCMS is predicted to rise in several developing countries as well because of swift urbanization.

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TRAIN CONTROL MANAGEMENT SYSTEMS MARKET
o By Component - Vehicle Control Unit, Mobile Communication Gateway, Human-Machine Interface (HMI), and Others
o By Train Type - Metro & High-Speed Train, Electric Multiple Unit (EMU), and Diesel Multiple Unit (DMU)
o By Solution - Communication-Based Train Control (CBTC), Positive Train Control (PTC), and Integrated Train Control (ITC)
o By Network - Multifunction Vehicle Bus (MVB), Ethernet Consist Network (ECN), Wired Train Bus (WTB), and Others
o By Region - North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW)
TRAIN CONTROL MANAGEMENT SYSTEMS MARKET, BY GEOGRAPHY
North America Market
o By Component
o By Train Type
o By Solution
o By Network
o By Country - U.S., Canada, Mexico, and Rest of North America
Europe Market
o By Component
o By Train Type
o By Solution
o By Network
o By Country - Germany, U.K., France, Italy, Spain, Netherlands, and Rest of Europe
APAC Market
o By Component
o By Train Type
o By Solution
o By Network
o By Country - Japan, China, South Korea, India, and Rest of APAC
RoW Market
o By Component
o By Train Type
o By Solution
o By Network
o By Country - Russia, U.A.E., South Africa, Brazil, and Others

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