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Autonomous Trains Market Share, Growth, Segments, Outlook Analysis 2023-2032 | Alstom S.A., ABB, Bombardier Transportation, CRRC Transportation, Hitachi Ltd., Kawasaki Heavy Industries
Autonomous Trains Market
As per the Autonomous Trains market report by The Business Research Company, The increased need for a safe, efficient, cheap, fast, and reliable mode of transportation is contributing to the growth of the global autonomous train market. Rail is the safest mode of land transport and the most attractive to the customer. It is also one of the fastest modes of transport, which moves on high-speed lines that are expected to average up to 300 km/hour. The distance of 1000 km can easily be reached within 5 to 7 hours. It offers much greater flexibility of time, allowing train frequencies to be better matched to demand at peak and off-peak times.
The global autonomous trains market size will grow from $9.08 billion in 2022 to $9.79 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global autonomous trains market size is expected to grow to $13.00 billion in 2027 at a CAGR of 7.4%.
Read More On The Autonomous Trains Market Report Here:
https://www.thebusinessresearchcompany.com/report/autonomous-trains-global-market-report
Major competitors in the Autonomous Trains market include Alstom S.A., ABB, Bombardier Transportation, CRRC Transportation, Hitachi Ltd., Kawasaki Heavy Industries, Mitsubishi Heavy Industries, Siemens AG, Thales Group, and Ansaldo.
The Autonomous Trains market is segmented -
• By Train Type: Suburban Trains, Tram, Monorail, Subway/Metro, Long Distance Trains
• By Technology: Automatic Train Control (ATC), Communication-Based Train Control (CBTC), European Railway Traffic Management System (ERTMS), Positive Train Control (PTC)
• By Grade of Automation: GOA1, GOA2, GOA3, GOA4
• By Application: Passenger Train, Freight, Mining
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the Autonomous Trains market.
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Autonomous train are trains that have an automatic train protection (ATP) system enabled, which helps the train automatically stop at signals with speed control.
The main train types in the autonomous train market are suburban trains, trams, monorails, subways, and long-distance trains. A tram is an electric vehicle that transports people, mainly in cities, along metal tracks. The technologies involved are automatic train control (ATC), communication-based train control (CBC), the European Railway Traffic Management System (TERMS), and positive train control (PTC). The grades of automation involved are GOA1, GOA2, GOA3, and GOA4. The applications involved are passenger trains, freight, and mining.
The Table Of Content For The Autonomous Trains Market Include:
1. Executive Summary
2. Autonomous Trains Market Characteristics
3. Autonomous Trains Market Trends And Strategies
4. Autonomous Trains Market - Macro Economic Scenario
......
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
30. Appendix
The "Global Autonomous Trains Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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