Press release
Global Driver Assistance Systems For Locomotives Market 2024 : Trends, Business Growth And Major Driving Factors | Thales Group, Alstom S A, Hitachi Ltd., Siemens AG, Mitsubishi Electric Corporation
Driver Assistance Systems For Locomotives Global Market Report 2024
As per the report, the driver assistance systems for locomotives market size has grown steadily in recent years. It will grow from $8.83 billion in 2023 to $9.25 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The driver assistance systems for locomotives market size is expected to see steady growth in the next few years. It will grow to $11.12 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=9542&type=smp
Surge In Metro Network Construction Fuels Growth In Driver Assistance Systems Market For Locomotives
The rise in the construction of new metro networks in major cities is expected to boost the growth of the driver assistance systems market going forward. A metro train is a railway locomotive that is linked to carriages that carry people or wheeled cargo. The locomotive driver assistance system, among other things, provides the driver with proactive information about the track and terrain. For instance, according to the Australian Railway Association, an Australia-based railway association, Australian railway construction activity increased by 2.2% to $10.73 billion in 2021-22. Furthermore, according to the China State Railway Group Co., Ltd., the Chinese railway corporation, a total of 4,100 kilometers of new railway lines will be placed into service in China by 2022, including 2,082 kilometers of high-speed tracks. Therefore, the rise in the construction of new metro networks is driving the growth of the driver assistance system market for locomotives.
Technological Advancements Propel Driver Assistance System Market For Locomotives
Technological advancements have emerged as the key trend gaining popularity in the driver assistance system for locomotives. Major companies operating in the driver assistance system market for locomotives are developing innovative technologies to strengthen their position in the market. For instance, in June 2021, Thales Group, a France-based company that designs, develops and manufactures electrical systems, launched Greenspeed, a train driver assistance system intended to support transport decarbonation. The information providers can use artificial intelligence algorithms with a DAS connection. This implies that the system can advise the driver on the optimal speed to keep to the timetable, ensuring a comfortable ride. It also reduces energy consumption and prevents machinery wear and tear by minimizing needless usage of the brakes and engine.
The driver assistance systems for locomotives market covered in this report is segmented -
1) By Component: RADAR, LIDAR, Optical Sensor And Camera, Odometer, Infrared Sensor, Antenna, Other Components
2) By Train Type: Long Distance Train, Suburban, Tram, Monorail Subway Or Metro
3) By Application: Emergency Braking, Automatic Door Open and Closure, Switch Detection, Rail Detection, Fog Pilot Assistance System, Rail Signal Detection, Anti Collision System
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=9542&type=discount
Major companies operating in the driver assistance systems for locomotives market report are Thales Group, Alstom S A, Hitachi Ltd., Siemens AG, Mitsubishi Electric Corporation, Kawasaki Heavy industries Ltd., ABB Ltd., Construcciones y Auxiliar de Ferrocarriles S A, Beijing Traffic Control Technology Co. Ltd., Wabtec Corporation, Stadler Rail AG, Robert Bosch GmbH, Knorr-Bremse AG, Bombardier Inc., Ansaldo STS, Johnson Electric Holdings Limited, SHW AG, Mobileye N.V., Fuxin Dare Automotive Parts Co. Ltd., Ningbo Shenglong Automotive Powertrain System Co. Ltd., Pierburg GmbH, Denso Corporation, Nidec Corporation, The FTE automotive Group, Voith GmbH & Co. KGaA, ZF Friedrichshafen AG, General Electric Company, Caterpillar Inc., Cummins Inc., Honeywell International Inc., Continental AG, Valeo SA .
Contents of the report:
1. Executive Summary
2. Driver Assistance Systems For Locomotives Market Report Structure
3. Driver Assistance Systems For Locomotives Market Trends And Strategies
4. Driver Assistance Systems For Locomotives Market - Macro Economic Scenario
5. Driver Assistance Systems For Locomotives Market Size And Growth
…..
27. Driver Assistance Systems For Locomotives Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/driver-assistance-systems-for-locomotives-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Global Driver Assistance Systems For Locomotives Market 2024 : Trends, Business Growth And Major Driving Factors | Thales Group, Alstom S A, Hitachi Ltd., Siemens AG, Mitsubishi Electric Corporation here
News-ID: 3599745 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Assistance
Key Factor Supporting Social Assistance Market Development in 2025: Rising Women …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Social Assistance Market Size By 2025?
The market size of social assistance has seen considerable expansion in the past few years. Expecting a surge from $1680.47 billion in 2024 to $1793.8 billion in 2025, it anticipates a compound annual growth rate (CAGR) of 6.7%. The…
Transformative Trends Impacting the Vehicle Roadside Assistance Market Landscape …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Vehicle Roadside Assistance Market Size By 2025?
In recent times, the size of the vehicle roadside assistance market has seen significant expansion. It is forecasted to increase from its 2024 value of $24.63 billion to a projected $26.17 billion in 2025, showing a compound annual…
Revving Up Professional Roadside Assistance Services
Image: https://www.getnews.info/uploads/82637830287a34fa1acdb588c30064a9.png
In the world of automobiles, breakdowns and emergencies are inevitable. Whether it's a dead battery, a flat tire, or an engine failure, these situations can leave drivers stranded and frustrated, especially when they occur on the side of a road. This is where roadside assistance services become invaluable, providing timely help and peace of mind to drivers in distress. In New Braunfels, Texas, Mobile Mechanic [https://mobilemechanicnewbraunfels.com/]Gearheads stands out as…
AMCI PLC Module Selection Assistance
AMCI is now a part of ProposalWorks Proposal Builder!
Rockwell Automation's ProposalWorks is a software tool that simplifies the creation of project proposals for automated solutions. It offers pre-configured templates, enabling you to quickly generate proposals tailored to the projects needs. This streamlined process saves time and ensures accuracy in project planning.
AMCI's PLC module Selection Assistance is a new feature on ProposalWorks with 30 different module configurations to help you find…
Assistance Dog Graduation USS Hornet
Menlo Park, CA- Paws for Purple Hearts (PPH) Bay Area will hold an Assistance Dog Graduation Ceremony on Saturday, July 22, 2023 aboard the USS Hornet. PPH provides Canine-Assisted Warrior Therapy® (CAWT®) )to Veterans and Service Members by involving those with PTSD or Traumatic Brain Injury (TBI) in the training of service dogs for their comrades with disabilities. Once trained, the service dogs are placed with Warriors to assist with…
Insurance Navy Offers $50 Roadside Assistance
FOR IMMEDIATE RELEASE
Contact: Anel Herrera
Aherrera@insurancenavy.com
Insurance Navy Offers $50 Roadside Assistance
Palos Hills, Illinois- November 27, 2018- Insurance Navy is offering roadside assistance for $50 per six-month term. With roadside assistance, drivers are able to drive confidently and travel stress-free.
Roadside assistance is a service Insurance Navy offers that is added onto an existing insurance policy. It provides assistance if a vehicle has mechanical problems while on the road. Roadside assistance…
