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Autonomous Train - Global Market Outlook (2020-2028)

Autonomous Train - Global Market Outlook (2020-2028)

4.1 (56 reviews)
Published: April 2021 ID: SMRC20414
4.1 (56 reviews)
Published: April 2021 ID: SMRC20414

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Autonomous Train Market is accounted for 62,977.43 units in 2020 and is expected to reach 107,400.56 units by 2028 growing at a CAGR of 6.9% during the forecast period. Factors such as advancement in digital technology, increased budget allocations for rail development, and growing need to ensure service benefits for onboard passengers are driving the growth of the market. However, lack of proper infrastructure is hampering the growth of the market.

 

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Autonomous trains are those which are implemented with technologies for automated train journey. This automation of the trains would allow for increased efficiency as well as a decrease in error. Automation can be carried out in passenger as well as freight trains.

Based on the grade of automation (GOA), the GOA 4 (unattended train operation) segment is anticipated to expand at a rapid pace during the forecast period due to its low electricity consumption coupled with the less wear & tear of components. By geography, Asia Pacific is going to have high growth during the forecast period owing to the increasing infrastructural development and upcoming projects in various countries of the region.

Some of the key players profiled in the Autonomous Train Market include General Electric, Thales Group, Hitachi, Siemens, Mitsubishi Heavy Industries, Kawasaki Heavy Industries, ABB, Tech Mahindra Ltd, Deutsche Bahn, Alstom, Bombardier, CAF, Bharat Forge, Calamp, and CRRC.

Grades of Automation (GOA) Covered:
• GOA 1 (Manual Train Operation)
• GOA 2 (Semi-Automatic Train Operation)
• GOA 3 (Driverless Train Operation)
• GOA 4 (Unattended Train Operation)

Components Covered:
• Accelerometer
• Antenna
• Tachometer
• Optical Sensors & Camera
• Doppler
• Radio Set
• LiDAR Module
• Odometer   

Train Types Covered:
• High-Speed Rail/Bullet Train
• Metro/Monorail
• Light Rail 

Technologies Covered:
• Automatic Train Protection (ATP)
• Automatic Train Control (ATC)
• Automatic Train Operation (ATO)
• Positive Train Control (PTC)
• Communication Based Train Control (CBTC)
• European Railway Traffic Management System (ERTMS)

Applications Covered:
• Freight Train (Mining)
• Passenger Train 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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