Press release
Train Control and Management System Market is expected to grow at a CAGR of 6.5% during the forecast period, 2021–2026.
Train Control and Management System Market
A train control and management system acts as a single point of control for all train sub-systems. It is a train-borne distributed control system that connects human-machine interface, computer devices, software packages, digital and analog input/output capability, and data networks together in a secure and fault resistant manner. A train control and management system offers automation and optimization of several processes. It helps in cutting operational cost by reducing maintenance expense as a regular check of all systems is provided. The rising demand for energy-efficient rail systems and rapid urbanization drive the train control and management system market.
Population growth is creating a need for upgrades in transportation infrastructure. For instance, India has taken pivotal decisions to modernize its rail transport networks. In August 2018, the country started construction of the Mumbai–Ahmedabad high-speed rail corridor by acquiring land for Sabarmati terminus, and the first high-speed train is scheduled to leave for its first run on 15 August 2022.
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The Major Manufacturers Covered in this Report:
Bombardier Inc. (Canada), Siemens AG (Germany), Toshiba Corporation (Japan), Mitsubishi Electric Corporation (Japan), Leroy Automation (France), Amaronia Rail Ltd. (Finland), Hitachi Ltd. (Japan), MEN Mikro Elektronik GmbH (Germany),ASELSAN A. (Turkey), DEUTA-WERKE GmbH (Germany), Rockwell Collins (U.S.), Tech Mahindra (India), Eke Group (Finland), Strukton Rail (Netherlands), CRSC (China), Knorr-Bremse AG (Germany), Alstom SA (France), CAF Group (Spain), ABB (Switzerland), Thales Group (France), HUBER+SUHNER (Denmark), Wabtec Corporation (U.S.), Medha Servo Drives Private Limited (India), UniControls a.s. (U.S.), and Quester Tangent (Canada). and more...
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2026
Market Segmentation:
By Type
Metros and High-Speed Trains
Electric Multiple Units
Diesel Multiple Units
By Component
Vehicle Control Unit
Mobile Communication Gateway
Human Machine Interface
Others
By Train Control Solution
Positive Train Control
Communication-Based Train Control
Integrated Train Control
By Region
North America
Europe
Asia-Pacific
Latin America and the Middle East and Africa
Why Buy This Report?
Our report covers the train control and management system market insights, focusing on recent developments in the market in different regions and development strategies of the companies. Moreover, the following sections are specifically covered in the report.
Definitive Market Data
Train Control and Management System Market Analysis
Technological Insight
Competitor Analysis
Recent Opportunities in the Market
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Train Control and Management System Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Train Control and Management System Market sub-markets, depending on key regions (various vital states).
To analyze the Global Train Control and Management System Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Train Control and Management System Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Train Control and Management System Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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