openPR Logo
Press release

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

05-20-2020 10:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

How is Need for Improving Security and Safety in Railway Systems

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

Download sample copy of this report@ https://www.psmarketresearch.com/market-analysis/train-control-and-management-system-market/report-sample

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.

Browse full report at@ https://www.psmarketresearch.com/market-analysis/train-control-and-management-system-market

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

Contact:
P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: http://psintelligence.blogspot.com/

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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 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 here

News-ID: 2052066 • Views:

More Releases from P&S Intelligence

Remote Access Provided by Cloud Category Fuels Call Center AI Market
Remote Access Provided by Cloud Category Fuels Call Center AI Market
In 2021, the call center AI market generated sales worth $1,982.9 million, and it is expected to contribute $12,910.6 million in 2030, progressing at a rate of 23.1% from 2021 to 2030, ascribed to the growing up requirements for improved data analytics to manage customer inquiries with the real-time response to improve customer engagement through social media. In order to pace up the 4th industrial revolution, businesses across various industries
Growing Demand for CSM System Will Drive the Customer Engagement Solutions Market
Growing Demand for CSM System Will Drive the Customer Engagement Solutions Marke …
The total value of the customer engagement solutions market was $18,186.8 million in 2021, and it will rise at a growth rate of above 10% in the near future, to reach $43,398.9 million by 2030. The major reasons behind the growth of this industry are growing usage of such solutions in serval industries like healthcare, telecommunications, BFSI and FMCG. North America will grow the fastest with a rate of 10.5% in
Reduced Operational Cost of Energy Efficient Motors Propels Motion Control Market
Reduced Operational Cost of Energy Efficient Motors Propels Motion Control Marke …
The motion control market generated a revenue of $14,887.5 million in 2021, and it is expected to contribute $23,286.4 million in 2030, progressing at a rate of 5.1% from 2021 to 2030, ascribed to the rising demand for industrial robots and integration of components with the motion control systems for convenient use. Moreover, the evolving motion control standards and protocols propel the market, for example, the OPC UA TSN protocol controls
North America, the Largest Revenue Producer in Public Safety and Security Market
North America, the Largest Revenue Producer in Public Safety and Security Market
The size of the public safety and security market was at $411 billion in the year 2021, which will reach over $1,115 billion by the year 2030, advancing at a growth rate of around 12% in the years to come. This is largely ascribed to the rising application of innovative technologies in smart cities, increasing crime rates, the increasing cases of disastrous accidents, and the growing count of terrorist activities

All 5 Releases


More Releases for Train

Train Door System Industry Forecast to 2028 Global Market Analysis By Product- E …
Train door systems are typically installed above the doors of passenger cars for opening and closing of the doors. These door systems protect the safety of the passengers, provide reliability, and have low maintenance. This door operated by a pneumatic system, electrical system, or manual. Growing urbanization, rapid development in the railway infrastructure are the major driving factor for the growth of the train door system market. Railway transportation is
Positive Train Control Market: Information by Train Type (Metros & High-Speed Tr …
Positive Train Control System works on GPS and is used to prevent train collisions, derailment, and unauthorized train movement. The PTC system notifies the crew members when to slow down or stop the train using GPS, wireless radio, and computers. Once all the stakeholders fully commit to implementing the PTC system, there are several benefits economic and in terms of safety. As per the Federal Railroad Association of the U.S., the
Power Train And Power Train Parts Market Analysis Report | Future Prospects | Em …
New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports The global power train and power train parts market is expected to grow from $577.95 billion in 2020 to $605.94 billion in 2021 at a compound annual growth rate (CAGR) of 4.8%. The growth is mainly due to the companies rearranging their operations and recovering from the
U.S. Locomotives, Train And Train Cars Market 2019| Size, Trends, Prices, Trade, …
IndexBox has just published a new report, the U.S. Locomotives, Train And Train Cars Market. Analysis And Forecast to 2025 https://www.indexbox.io/store/us-locomotives-train-and-train-cars-market-analysis-and-forecast-to-2020 Here is a summary of the report's key findings.U.S.: Overview of the Market for Locomotives, Train And Train Cars 2019Market Size for Locomotives, Train And Train Cars in the USA The revenue of the market of locomotives, train and train cars in the U.S. amounted to $X in 2018, going up
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