Press release
Key Trend Reshaping the Autonomous Trains Market in 2025: Bozankaya Unveils First Autonomous Metro Train For Gebze-Darica Line With Advanced Features
Key Trend Reshaping the Autonomous Trains Market
The market size for autonomous trains has seen a significant expansion recently. Projected growth from $10.54 billion in 2024 to $11.36 billion in 2025 at a compound annual growth rate (CAGR) of 7.7% is expected. Factors like improved rail safety and efficiency, a rise in funds allocated for the enlargement of the railway system, reductions in pollution and accidents, an increased passenger capacity, and enhancements in railway infrastructure have contributed to this progression in the historic period.
It is anticipated that the autonomous trains market will experience considerable growth in the coming years, expanding to reach $16.02 billion by 2029 at a compound annual growth rate (CAGR) of 9.0%. The expected growth during the forecast period is due to advancements in automation technology, worldwide infrastructure developments, urbanization and population increase, as well as awareness of escalating tailpipe emissions and a dearth of skilled drivers. Key trends for the forecast period encompass connectivity and communication, energy efficiency, interoperability, predictive maintenance, as well as autonomous metro systems.
What Are the Main Catalysts for Growth in the Autonomous Trains Market?
The growth of the autonomous trains market is poised to skyrocket due to escalating urbanization. Urbanization is essentially the transition of a higher proportion of the population from rural to urban regions, leading to city and town expansion. Factors such as enhanced employment prospects, superior infrastructure, wider access to education and health services, and the chase for a higher living standard trigger urbanization. Autonomous trains bolster urbanization by augmenting the efficacy of public transport, reducing traffic jams, and fostering sustainable mobility, thereby making cities more interconnected and easy to access. For instance, the Federal Reserve Board of Governors, a governmental outfit from the US, reported in July 2023 that there was a 1.0% increase in US industrial production compared to the previous year, and manufacturing output rose by 1.2%. Consequently, spiraling urbanization is fuelling the expansion of the autonomous trains market.
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Which Businesses Are at the Forefront of Autonomous Trains Market Development?
Major companies operating in the autonomous trains market include Alstom SA, ABB Ltd., Bombardier Transportation, CRRC Corporation Limited, Hitachi Ltd., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., Siemens AG, Thales Group, Ansaldo STS S.p.A., Beijing Traffic Control Technology Co. Ltd., General Electric Company, China CNR Corporation Limited, Incheon Transit Corporation, Intesens, Transmashholding, CalAmp Corp., Hollysys Automation Technologies Ltd., Deuta-Werke GmbH, Wabtec Corporation, Ingeteam S.A., Tech Mahindra Limited, American Equipment Company Inc., Belden Inc., Bharat Forge Limited, CAF Construcciones y Auxiliar de Ferrocarriles S.A., Deutsche Bahn AG, Cubic Transportation Systems Inc., Mitsubishi Electric Corporation, Knorr-Bremse AG
What Are the Latest Innovations in the Autonomous Trains Market?
In efforts to improve global public transportation systems, major corporations in the autonomous train market are targeting innovation such as the creation of the first autonomous metro train. This autonomous metro train is a cutting-edge development that does not require human intervention in its operation, employing the use of modern technologies including sensors, artificial intelligence, and automatic control systems. To exemplify, Bozankaya A.Ş., a pioneer in public transit solutions based in Turkey, unveiled the first autonomous metro train in September 2023. This train is constructed specifically for a new metro line that spans between the cities of Gebze and Darica. It boasts distinct features like a passenger capacity of 1,476 people, can reach speeds of 80 km/h, and leverages a high-tech Communications-Based Train Control (CBTC) system for augmenting safety and efficiency. The train also has a localization rate of 63%, with a significant portion of its components manufactured in Turkey. Additionally, it has been designed with accessibility in mind, having 16 double doors and allocated zones for bicycles and scooters.
How Is the Autonomous Trains Market Segmented?
The autonomous trains market covered in this report is segmented -
1) By Train Type: Suburban Trains, Tram, Monorail, Subway Or 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
Subsegments:
1) By Suburban Trains: Electric Suburban Trains, Diesel Suburban Trains
2) By Tram: Light Rail Trams, Street Trams
3) By Monorail: Elevated Monorails, At-Grade Monorails
4) By Subway Or Metro: Underground Subway Systems, Elevated Metro Systems
5) By Long Distance Trains: High-Speed Trains, Intercity Trains, Freight Trains
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Where Is the Autonomous Trains Market Growth Most Prominent?
Western Europe was the largest region in the autonomous trains market in 2023. Asia-Pacific was the second largest region in the autonomous trains market. The regions covered in the autonomous trains market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Is Covered In The Autonomous Trains Global Market Report?
- Market Size Analysis: Analyze the Autonomous Trains Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Autonomous Trains Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Autonomous Trains Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Autonomous Trains Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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