GlobalAutonomous Trains Market was valued US$ XX Bn in 2019 and isexpected to reach US$ XX Bn by 2026, at CAGR of XX% during forecast period of2019 to 2026.
The report includes the analysis ofimpact of COVID-19 lock-down on the revenue of market leaders, followers, anddisrupters. Since lock down was implemented differently in different regionsand countries, impact of same is also different by regions and segments. Thereport has covered the current short term and long term impact on the market,same will help decision makers to prepare the outline for short term and longterm strategies for companies by region.
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The rise in demand for safety,security, and efficient transport are the main growth driver for the autonomoustrain market. Autonomous trains are the most sophisticated technology in thefield of railway transport system. Technologically advanced system is used intrains to operate it without the assist of a driver and the safety of thepassengers are increased. These trains are equipped with high-powered cameras,latest sensors, GPS data, and onboard computer systems.
Increase in the number of metrorail projects to drive the autonomous train market. A railway is the mostefficient and safe means of transportation compared to highways due to thefewer number of accidents recorded. Implementation of automation technologiesin trains is proving to be more useful for reducing the number of accidents andpollution, reducing the load on the fossil fuels, and an increase in theefficiency. Autonomous trains take considerably less time to cover longdistances, as they contain a train to train and train to server communication,which enables the trains to measure the exact distance between the trains.
Autonomous trains market issegmented into a grade, train type, technology, component, application, andregion. In terms of grade, GoA4 automation is anticipated to be thefastest-growing segment in the autonomous train market globally. GoA4 isunattended train operation (UTO) used in starting and stopping, the operationof doors and handling of emergencies are fully automated without any staff.
Based on technology, thecommunication-based train control (CBTC) technology is estimated to account forthe largest market share of XX% during the forecast period. CBTC is a widelyused signaling technology in all metros and light rails across the globe.
Based on component, the camerasegment is expected to grow at the CAGR of XX% over the upcoming period owingto the increase in need to monitor systems to increase the safety ofpassengers. The camera is also projected to be the fastest-growing marketduring the forecast period.
On the basis of application, thepassenger segment is estimated to witness fastest growing segment, by volume,of the Autonomous train market during the forecast period. The increase in roadtraffic congestion has created an opportunity for alternate modes oftransportation such as a train.
In terms of region, the AsiaPacific region is the largest and fastest-growing market in the globalautonomous train market. The Government of China is focused on the adoption ofautonomous trains across the country. Several new autonomous train projects arein progress and several are expected to be planned during the forecast period.
The objective of the report is topresent a comprehensive analysis of Global Autonomous Trains Market includingall the stakeholders of the industry. The past and current status of theindustry with forecasted market size and trends are presented in the reportwith the analysis of complicated data in simple language. The report covers allaspects of the industry with a dedicated study of key players that includesmarket leaders, followers and new entrants by region. PORTER, SVOR, PESTELanalysis with the potential impact of micro-economic factors by region on themarket are presented in the report. External as well as internal factors thatare supposed to affect the business positively or negatively have beenanalyzed, which will give a clear futuristic view of the industry to thedecision-makers. The report also helps in understanding Global AutonomousTrains Market dynamics, structure by analyzing the market segments and projectthe Global Autonomous Trains Market size. Clear representation of competitiveanalysis of key players By Type, Price, Financial position, Product portfolio,Growth strategies, and regional presence in the Global Autonomous Trains Marketmake the report investor’s guide.
Ths Scope of the Autonomous TrainsMarket: Inquire before buying
AutonomousTrains Market, by Grade
• GoA1
• GoA2
• GoA3
• GoA4
Autonomous Trains Market, by TrainType
• Long Distance Train
• Suburban
• Tram
• Monorail
• Subway/Metro Train Type
Autonomous Trains Market, byTechnology
• CBTC
• ERTMS
• ATC
• PTC
Autonomous Trains Market, byComponent
• Tachometer
• Doppler
• Accelerometer
• Camera
• Antenna
• Radio Set
Autonomous Trains Market, byApplication
• Passenger
• Freight
Autonomous Trains Market, byGeography
• North America
• Europe
• Asia-Specific
• Middle East & Africa
• Latin America
Key Players operating in theAutonomous Trains Market
• Thales Group
• Alstom S.A.
• Hitachi Ltd.
• Bombardier Transportation
• Ansaldo STS
• SIEMENS AG
• Mitsubishi Electric
• CRRC Corporation limited
• Siemens
• ABB
• Intesens
• Transmashholding
• CalAmp
• Hollysys
• Deuta
• Beijing Traffic ControlTechnology
• Wabtec Corporation
• Ingeteam
• Tech Mahindra Ltd
• Kawasaki Heavy Industries
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