Urban Rail Transit World Analysis | Fastest Growing Industry

The global urban rail transit market is expanding owing to increasing urbanization all over the world, especially in developing countries such as India, China, Brazil, and others, which leads to rising demand for green and efficient urban transport. This factor is likely to boom the growth of the urban rail transit market during the forecast period.

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Based on rail type, the global urban rail transit market is segmented metro/subway, monorail, suburban, and tram.

On the basis of autonomy, the market is segmented into manual, semi-autonomous, and fully-autonomous.

On the basis of autonomy level, the market is segmented into GoA-0 (On-sight), GoA-1 (Manual), GoA-2 (Semi-automatic Train Operation [STO]), GoA-3 (Driverless Train Operation [DTO]), GoA-4 (Unattended Train Operation [UTO].

Key PLAYERS

ABB
Alstom S.A.
Ansaldo STS
Bombardier Transportation
BYD-AUTO
CalAmp
CRRC Corp Ltd
Hitachi Ltd.
Kawasaki Heavy industries, Ltd.
Siemens AG

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