Train Control and Management Systems Market (Electric Multiple Units, Metros & High Speed Trains, Diesel Multiple Units) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

  • Product Code:
    RP-ID-10325572
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    150
  • Category:
    Service Industry
  • Publisher:
    Pub-ID-50

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global Train Control and Management Systems (TCMS) Market is forecasted to reach $4 billion by 2024; growing at a CAGR of 7.6% from 2016 to 2024. Train control systems are used in metros & high speed trains, diesel multiple units, and electric multiple units to provide safety and security to staffs, passengers and assets. The TCMS systems provide efficient operation of high speed trains and metros, with timely and accurate information to users, and assist operators during the any service interruptions. These systems also enhance the speed of the trains and offer improved consistency with short trip times and excellent comfort in passenger traffic. Governments across the world are continuously focused on up gradation of existing transportation infrastructure which would show an increased train control and management systems market trends.

Increased demand for safe & comfortable transit solutions, rapid urbanization, and rise in demand for energy efficient rail systems, are the major drivers of the global train control and management systems. However, fluctuating fuel prices and risks associated with train control systems would hamper the market growth in coming years. Rising worldwide demand for high speed metros would provide several growth opportunities for the market in the coming years.

The global train control and management system is segmented by train type, component, and train control solution. By train type, the market is further sub-segmented into metros & high speed trains, diesel multiple units, and electric multiple units. By component, the market is divided into modular input/output devices, computer control units, mobile communication gateway, and human machine interfaces. By train control solution the market is categorized into integrated train control, positive train control, and communication based train control.

Geographically, the market is categorized into North America, Europe, Asia-Pacific and Rest of the world (RoW). The U.S., Mexico and Canada are covered under North America wherein Europe covers Germany, France, UK, Italy, and others. Asia-Pacific covers China, India, Japan, and others. Rest of the World (RoW) covers South America, Middle East and Africa.

Major companies operating in the global train control and management systems market are Bombardier Inc., Mitsubishi Electric Corporation, Alstom SA, Toshiba Corporation, Hitachi Ltd., EKE-Electronics, Siemens AG, Strukton Rail, and Thales Group among others.

The key takeaways from the report:
The report will provide detailed analysis of Train Control and Management Systems Market with respect to major segments such as train type, component, and train control solution
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Train Control and Management Systems Market has been included in the report
Profile of the key players of the Train Control and Management Systems Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Train Control and Management Systems Market
Train Type Segment
Electric Multiple Units
Metros & High Speed Trains
Diesel Multiple Units
Component Segment
Modular Input/output Devices
Computer Control Units
Human Machine Interfaces
Mobile Communication Gateway
Train Control Solution Segment
Communication Based Train Control
Integrated Train Control
Positive Train Control
Geographical Segments
North America
US
Canada
Mexico
Europe
Germany
France
United Kingdom
Spain
Others
Asia-Pacific
China
India
Japan
South Korea
Others
RoW
South America
Middle East
Africa


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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