Global Train Control & Management Systems Market Analysis–Trends, Insights and Forecasts (2021-2027)

  • Publish Date
    January 11, 2022
  • No of Pages
    310
  • SKU Code
    GIR 8035
  • Format

Global Train Control & Management Systems market – Overview

The report will cover the overall analysis and insights in relation to the size and growth rate of the “Global Train Control & Management Systems market ” by various segments at a global and regional level for the 2014-2027 period, with 2014-2019 as historical data, 2020 as a base year, 2021 as an estimated year and 2021-2027 as forecast period.

Global Train Control & Management Systems market – Introduction

Governments of different regions have already announced total lockdown and temporarily shutdown of industries, which adversely affected the overall production and sales. From March 2020, public transport in majority of the cities has been completely or partially shut down. Although the restrictions on public mobility have been lifted partially since the past two or three months, major cities are experiencing 70–90% reduction in the public transit ridership. Transportation has begun partially across the globe with stringent restrictions such as passenger limit and maintenance of social distancing. This results to 90% decrease in passenger ridership, and results in huge financial losses of rail operators. This financial losses result in focus on operational activities rather than new investment. Thus, COVID-19 outbreak has significant impact on the overall train control management system market.

Public transportation offers a range of benefits over private conveyance such as fluctuating fuel prices, traffic congestion, and greenhouse gas emissions. This leads to the increasing demand for high-speed rail transit network which is estimated to boost the market for TCMS. The TCMS market is driven by the factors such as growing urbanization and population in developing countries such as India and China and increasing availability of high-speed communication systems. Furthermore, TCMS increases the efficiency and reliability of trains and shortens their response time by automating the operations of the train & its subsystem and passenger safety.

Global Train Control & Management Systems market Report Scope

  • The scope of the report covers the clear understanding and overview of the product.
  • Analysis of market trends in the region, with market data considering 2020 as the base year, 2021 as the estimate year and forecast for 2027 with projection of CAGR from 2021 to 2027.
  • The report covers discussion of economic trends and technology.
  • Market estimates represent revenue.
  • In-depth analysis of the market segmentation assists in determining the prevailing market scope.
  • Also, the Train Control & Management Systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
Attribute Details
Market size available for years 2014–2027
Base year considered 2020
Forecast period 2021–2027
Historical period 2014-2019
Forecast units Value (USD) & Volume (Million Units)
Forecast units Value (USD) & Volume (Million Units)
Segmentation By Regions
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
By Countries
United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Indonesia, Malaysia, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Netherlands, Norway, Brazil, Argentina, Mexico, South Africa and 54 Others.
By  Solution
Communication-Based Train Control, Positive Train Control and Integrated Train Control.
By Component
Vehicle Control Unit, Human Machine Interface, Mobile Communication Gateway and Other Components.
By Train Type
Diesel Multiple Units, Metros & High-Speed Trains and Electric Multiple Units.
Companies covered ABB; Alstom S.A; Aselsan A.S; Bombardier Inc; CAF, Construcciones Auxiliar de Ferrocarriles, S.A.; China Railway Signal & Communication Corporation Limited; DEUTA-WERKE GmbH; EKE-Electronics Ltd; Hitachi Ltd; Knorr-Bremse AG; Mitsubishi Electric Corporation; Siemens AG; Strukton Rail AB; Thales Group; Toshiba Corporation and Others.

Segments Covered in Global Train Control & Management Systems market

  • The global Train Control & Management Systems market is divided into different segments on the basis of Solution, Component, Train Type, and region. The Solution market segment on the basis of Communication-Based Train Control, Positive Train Control, Integrated Train Control. On the basis of Component, the Train Control & Management Systems market segment comprises a Vehicle Control Unit, Human Machine Interface, Mobile Communication Gateway, Other Components. The global Train Control & Management Systems market segment by the Train Type involves Diesel Multiple Units, Metros & High-Speed Trains, Electric Multiple Units and many other sectors.
  • The vehicle control unit is the most expensive component of TCMS. Thus, the vehicle control unit is estimated to be the largest segment in the TCMS market, by component. The growth of this segment can be attributed to the high installation rate of TCMS in developed regions and the increasing penetration in developing regions.
  • Integrated train control system refers to central traffic control room systems that manage, control and supervise train movement for mainline and mass transit over a wide geographical area. It enables passenger and freight railroads to boost operational efficiency, safety, cybersecurity, and cost-effectiveness. The system allows traffic controllers to follow train movements in real-time, which is essential for smooth traffic and to ensure safety.

Covid-19 Impact on the Global Train Control & Management Systems market

  • The tier-2 and tier-3 suppliers of the railway components, which operate in the railway sector supply chain, experienced a sever disruption in the operation due to COVID-19 pandemic. In addition, the COVID-19 outbreak is resulting in economic uncertainty and reduced consumer demand for nonessential vehicles, thus hindering the sale of new locomotives.
  • Communication-Based Train Control, one of the segments analyzed in the report, is projected to grow at a 5.85% CAGR to reach US$1.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Positive Train Control segment is readjusted to a revised 6.1% CAGR for the next 7-year period. Communication-Based Train Control, one of the segments analyzed in the report, is projected to grow at a 5.9% CAGR to reach US$1.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Positive Train Control segment is readjusted to a revised 6.1% CAGR for the next 7-year period.

Recent Developments in Global Train Control & Management Systems market

  • The emerging economies such as India and China are focused on the development of their railway infrastructure by allocating a higher budget. Similarly, various countries across the globe are continuously increasing their rail budget to deploy latest technologies and improve their infrastructure.
  • In 2015, Hitachi Ltd. acquired AnsaldoBreda S.p.A. (Italy). This strategic acquisition enabled Hitachi to strengthen its position in the signaling and traffic management system markets.
  • In January 2016, Alstom SA signed a supply agreement with India’s Kochi Metro Rail (KMRL) to supply 25 Made in India coaches. Alstom is supplying an initial fleet of 25 three-car metropolis train sets to KMRL under an USD 90 million contract awarded in October 2014, which also includes options for up to 25 additional train sets
  • In 2017, Thales Group received a contract from Gülermark-Kolin- a joint venture formed for Bakentray project, to modernize the high-speed line between Ankara and Istanbul with advanced systems such as ETCS, electronic interlocking systems, and centralized traffic control system.
  • In July 2017, Alstom SA announced to develop and design operational traffic management tool with SNCF Réseau- France based Railway Company for connecting railway network of countries such Lyon, Paris, and Marseille

Key Market Players in Global Train Control & Management Systems market

  • The major players in the Global Train Control & Management Systems market are ABB; Alstom S.A; Aselsan A.S; Bombardier Inc; CAF, Construcciones Auxiliar de Ferrocarriles, S.A.; China Railway Signal & Communication Corporation Limited; DEUTA-WERKE GmbH; EKE-Electronics Ltd; Hitachi Ltd; Knorr-Bremse AG; Mitsubishi Electric Corporation; Siemens AG; Strukton Rail AB; Thales Group; Toshiba Corporation and Others.
  • Toshiba Corporation announced that it had successfully completed the six-year long Washington Metropolitan Area Transit Authority Project which included a significant order for railway systems and equipment along with communication and monitoring systems.
  • Siemens AG, key players in the train control and management systems market received an order for its communication based train control system from the Paris metro operator in France, Régie autonome des transports parisiens (RATP). This opportunity signifies the future prospects of the train control and management systems market.

Objectives of the Global Train Control & Management Systems market Study

  • To provide detailed information regarding drivers, restraints, opportunities and challenges are influencing the growth in the Global Train Control & Management Systems market.
  • To analyze the competitive intelligence of players based on company profiles and their key growth strategies.
  • To strategically analyze micro markets with respect to the individual growth trends, their prospects, and their contribution to the total Global Train Control & Management Systems market.
  • To analyze competitive developments such as expansions, and product launches, along with research & development (R&D) activities undertaken in the Global Train Control & Management Systems market.
  • A unique model is created customized for each study also offers suggestions that help enterprises to identify and mitigate risks.

 

Note

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INTRODUCTION

Objectives of the study

Global Train Control & Management Systems market definition

Global Train Control & Management Systems market scope

Global Train Control & Management Systems market Stakeholders

Global Train Control & Management Systems market Limitations

Summary of changes

RESEARCH METHODOLOGY

Research data

Secondary data

Primary data

Global Train Control & Management Systems market size estimation

Global Train Control & Management Systems market breakdown & data triangulation

Global Train Control & Management Systems market share analysis

Global Train Control & Management Systems market Risk assessment/limitations

Assessment of the impact of covid-19 on the economic scenario

EXECUTIVE SUMMARY

GLOBAL TRAIN CONTROL & MANAGEMENT SYSTEMS MARKET OUTLOOK / MARKET OVERVIEW

Introduction

Market dynamics

Market drivers

Rising focus on industrialization, urbanization and smart city development

Countries

Market restraints

Lack of standardized norms and governing policies

Opportunities

Challenges

INDUSTRY INSIGHTS

Introduction

Industry trends

Strategic benchmarking

Pricing analysis

Value chain analysis

Ecosystem analysis

Patent analysis

Trade analysis

IMPACT OF COVID-19 ON THE GLOBAL TRAIN CONTROL & MANAGEMENT SYSTEMS MARKET

GLOBAL TRAIN CONTROL & MANAGEMENT SYSTEMS MARKET BY SOLUTION

Communication-Based Train Control

Positive Train Control

Integrated Train Control

GLOBAL TRAIN CONTROL & MANAGEMENT SYSTEMS MARKET BY COMPONENT

Vehicle Control Unit

Human Machine Interface

Mobile Communication Gateway

Others

GLOBAL TRAIN CONTROL & MANAGEMENT SYSTEMS MARKET BY TRAIN TYPE

Diesel Multiple Units

Metros & High-Speed Trains

Electric Multiple Units

GLOBAL TRAIN CONTROL & MANAGEMENT SYSTEMS MARKET BY GEOGRAPHY

Overview

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Rest of Europe

Asia Pacific

China

Japan

India

Rest of Asia Pacific

Rest of the World

Latin America

Middle East & Africa

8 GLOBAL TRAIN CONTROL & MANAGEMENT SYSTEMS MARKET COMPETITIVE LANDSCAPE

Introduction

Footprint analysis of the top players in the global Train Control & Management Systems market

Product & service portfolio matrix

Market share analysis

Company evaluation quadrant

Company evaluation quadrant for start-ups/smes

Competitive scenario

9 COMPANY PROFILES

(Business overview, Products & services offered, Recent Developments, Competitive analysis, SWOT Analysis,)

  1. Alfa Laval
  2. ABB; Alstom S.A
  3. Aselsan A.S
  4. Bombardier Inc.
  5. CAF, Construcciones Auxiliar de Ferrocarriles, S.A.
  6. China Railway Signal & Communication Corporation Limited
  7. DEUTA-WERKE GmbH; EKE-Electronics Ltd
  8. Hitachi Ltd
  9. Knorr-Bremse AG
  10. Mitsubishi Electric Corporation
  11. Siemens AG
  12. Strukton Rail AB
  13. Thales Group
  14. Toshiba Corporation
  15. Others 50+ Companies

APPENDIX

  • Discussion guide
  • Available customizations
  • Related reports

Methodology

Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Global Industry Reports

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.

Frequently Asked Questions ?

The major players in the Global Train Control & Management Systems market are ABB; Alstom S.A; Aselsan A.S; Bombardier Inc; CAF, Construcciones Auxiliar de Ferrocarriles, S.A.; China Railway Signal & Communication Corporation Limited; DEUTA-WERKE GmbH; EKE-Electronics Ltd; Hitachi Ltd; Knorr-Bremse AG; Mitsubishi Electric Corporation; Siemens AG; Strukton Rail AB; Thales Group; Toshiba Corporation and Others.

Players in this market have adopted expansions, acquisitions, and agreements strategies to increase their market share.

Vehicle control unit is expected to be the largest market segment in the Train Control and Management System (TCMS) market.

Asia-Pacific is leading and serving the most significant market share of the Train Control & Management Systems at the global level.

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