Autonomous Trains Market Segmentation, Size, Share, Trends, Growth Factors And Industry Outlook Forecast To 2030
The autonomous trains market report describes and explains the global autonomous trains market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The market for autonomous trains consists of sales of autonomous trains, which are automatic train protection (ATP) system enabled, helps the train to automatically stop at signals with speed control. The trains are designed with high powered cameras, latest sensors, GPS data, and onboard computer systems. The data is collected from sensors and monitored at control rooms which enables the autonomous system to make an informed decision. Autonomous trains can run more frequently and achieve higher speeds, enables managers to increase the number of trains in operation on a route instead of having to go to the significant expense of building new tracks. The market consists of revenue generated by the company’s manufacturing the automatic trains by the sales of these products.
The global autonomous trains market is expected grow from $6.95 billion in 2020 to $7.73 billion in 2021 at a compound annual growth rate (CAGR) of 11.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $10.8 billion in 2025 at a CAGR of 9%.
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Some of the major players of autonomous trains market are Alstom S.A., ABB, Bombardier Transportation, CRRC Transportation, Hitachi Ltd., Kawasaki Heavy Industries, Mitsubishi Heavy Industries, Siemens AG., Thales Group, Ansaldo, Beijing Traffic Control Technology, General Electric, China CNR Corporation Ltd, Incheon Transit Corporation, Intesens, Transmashholding, CalAmp, Hollysys, Deuta, Wabtec Corporation, Ingeteam, Tech Mahindra Ltd, American Equipment Company, Belden, Inc., Bharat Forge Ltd., CAF, Construcciones y Auxiliar de Ferrocarriles, S.A, Deutsche Bahn AG, Tvema, Wabtec Corporation.
The countries covered in the autonomous trains market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The regions covered in the autonomous trains market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global autonomous trains market is segmented –
1) By Train Type: Suburban Trains, Tram, Monorail, Subway/Metro, Long Distance Trains
2) By Technology: Automatic Train Control (ATC), Communication-Based Train Control (CBTC), European Railway Traffic Management System (ERTMS), Positive Train Control (PTC)
3) By Grade of Automation: GOA1, GOA2, GOA3, GOA4
4) By Application: Passenger Train, Freight, Mining
Read More On The Global Autonomous Trains Market Report:
Few Points From Table Of Content
1. Executive Summary
2. Autonomous Trains Market Characteristics
3. Autonomous Trains Market Trends And Strategies
4. Impact Of COVID-19 On Autonomous Trains
5. Autonomous Trains Market Size And Growth
26. Africa Autonomous Trains Market
27. Autonomous Trains Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Autonomous Trains Market
29. Autonomous Trains Market Future Outlook and Potential Analysis
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