Press release
Train Control and Management System Market Expected to Witness Fastest Growth in North America During 2016 – 2022
Explore Full Market Research Report at: www.psmarketresearch.com/market-analysis/train-control-and-management-system-market
Rapid transit vehicles are gaining popularity due to their rapid mobility and high seating capacity. In comparison to developing regions, developed regions such as Europe and North America have well established infrastructure for rapid transit vehicles such as subways, monorails and metros. To reduce traffic congestion on roads, government of developing nations such as China, India, Singapore and Thailand are investing in rapid transport system. The increasing demand for rapid transit vehicles in developing regions is expected to boost the demand for TCMS during the forecast period.
Among the various components of TCMS, the vehicle control unit held the largest share in the global TCMS market in 2015. The market of train control and management system was the largest in metros & high speed train segment in 2015, compared to other train types. Globally, communication-based train control solution (CBTC) was the largest segment, based on solution of train control and management system in 2015.
In 2015, Europe accounted for the largest share in the global train control and management system market; whereas the market in North America is expected to grow at the fastest rate, during the forecast period. The major reason for the growth of the market in the North America includes increasing investments in technology upgradation and rapid transit solution. Moreover, government has started several high speed train projects in U.S., which are expected to be commissioned by 2020. This in turn, is expected to fuel the market of TCMS in North America during the forecast period.
Asia-Pacific was the second largest market for train control and management system in 2015. Increasing urbanization and increasing trend of automated metros and high speed trains are some of the major factors driving the growth of the Asia-Pacific TCMS market.
Browse Related Research: www.psmarketresearch.com/industry-report/automotive-and-transportation
Some of the major players operating in the global train control and management system market include Alstom SA, Bombardier Inc., Toshiba Corporation, Siemens AG, Hitachi Ltd., CAF, Mitsubishi Electric Corporation, EKE Group and Strukton Rail.
GLOBAL TRAIN CONTROL AND MANAGEMENT SYSTEM (TCMS) MARKET SEGMENTATION
By Component
• Vehicle Control Unit
• Mobile Communication Gateway
• Human Machine Interface
• Others
By Train Type
• Metros & High Speed Train
• Electric Multiple Unit
• Diesel Multiple Unit
By Solution
• Communication-Based Train Control (CBTC)
• Positive Train Control
• Integrated Train Control
GEOGRAPHICAL SEGMENTATION
• Europe
o Germany
o The U.K.
o France
o Italy
o Spain
o Rest Of Europe
• Asia-Pacific
o Japan
o China
o South Korea
o India
o Rest of Asia-Pacific
• North America
o U.S.
o Canada
o Mexico
• Rest of the World (RoW)
o Russia
o Brazil
o U.A.E.
o Rest of RoW
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-Free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com
347, 5th Ave. #1402
New York City, NY - 10016
Toll-Free: +1-888-778-7886 (USA/Canada)
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 Train Control and Management System Market Expected to Witness Fastest Growth in North America During 2016 – 2022 here
News-ID: 374376 • Views: …
More Releases from P&S Market Research
Smart Cities Market Size, Revenue, Technology, Competitive Analysis, Growth Driv …
The global smart cities market is growing at a CAGR above 20% during 2018 - 2023 and will reach $2578.0 billion by 2023. Due to significant growth in automation technologies such as internet of things (IoT) and adoption of cloud based technologies, the global smart cities market is gaining huge traction. In addition, effective city asset management for public welfare, substantial operational cost savings, and automated public data generation applications…
Global Sports Food Market Expected to Witness 9.2% CAGR During 2016 – 2022
The global sports food market is expected to grow at a CAGR of 9.2% in terms of value during 2016 - 2022. Among the various types, the energy bars segment accounted for the largest share (71.5%) in the global sports food market in 2015.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-food-market/report-sample
The manufacturers are trying to bring about products with the best blend of taste and healthy ingredients. They have started to…
Sports Nutrition Market by Type, Distribution Channel, Region, Growth and Demand …
The global sports nutrition market is expected to grow at a CAGR of 8.4% in terms of value during 2016 - 2022. Among the various types, the sports drinks segment accounted for largest share (61.4%) in the global sports nutrition market in 2015.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-nutrition-market/report-sample
The increasing health concerns, such as obesity and awareness of physical appearances among all consumers groups is driving the demand for sports…
Orthopedic Trauma Devices Market Supply Chain Trends Mapping the Latest Technolo …
The global orthopedic trauma devices market is growing due to the increasing frequency of fractures, along with the growth of aging population. The advantageous features posed by orthopedic trauma devices, such as internal and external fixators to set a fracture, and in repositioning of bone fragments into their normal alignment are also driving the growth of the market worldwide. Furthermore, the internal fixators have reduced the hospital stays, reduced the…
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…
