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2020-03-14
720
Global
Automation in metro and rail systems refers to the technique by means of which the obligation for operation management of the trains is transferred to the train control system from the driver, thereby eradicating or in some cases, reducing any human interference in the operations. As the demand for automated trains is increasing globally, thereby train is going to be an efficient means of transportation around the world. In several cities such as Europe, Japan, etc. many automated and driverless overground and underground trains are becoming the fiat.
By Automation Type
By Components
By Application
Based on Geography
Based on geography, Europe dominated the global autonomous trains market with a market share of 41.2% in 2017 due to increasing investments in new rolling stock and important electrification projects. On the other hand, Asia-Pacific is growing steadily with a CAGR of 7.0%. Countries like Singapore, Japan, China, etc. are investing more and more in public transportation and with the increasing urbanization. North America is the opportunistic market in the global autonomous trains market with a market share of 29.0% owing to the growing demand for freight transport and political uncertainties.
On the basis of application, interurban autonomous trains held the highest market share of 56.8% in 2017 due to an increase in the working population and fastest connectivity. Countries such as India, Singapore, and the US etc. use urban trains and serve 426 billion passenger-kilometers. Whereas, on the other hand, the market share of urban autonomous trains is growing steadily at a market share of 28.90% due to an increase in investment by the government in public transport.
Global autonomous train’s market outlook 2016-2024, has been prepared based on in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global autonomous trains market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global autonomous train’s market report also recognizes value chain analysis to understand the cost differentiation to provide a competitive advantage to the existing and new entry players.
Our global Autonomous Trains market report comprises of the following companies as the key players: Bombardier Transportation, Siemens AG, Alstom S.A., and Thales Group.
Other high-flying vendors in the market are Ansaldo STS, Incheon Transit Corporation and Beijing Traffic Control Technology.
The report covers the present ground scenario and the future growth prospects of the autonomous trains market for 2017-2025 along with the new product launches, collaborations, and acquisitions by the market players. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
According to our global market study on the basis of extensive primary and secondary research: “One of the major trends in the global autonomous trains market is that rail is energy efficient and rail traffic is clean. High-speed trains are up to eight times more efficient than commercial planes. Railway companies account for 1.5% of the total CO2 emissions in the transport sector, whereas aviation makes up 12.4%, ships 12.7% and road transport amount to 72.2% of the emissions.”
According to the report, the major driving factor for autonomous trains market is the increase in investment by the government in public transport. There is a need for speed and to avoid heavy traffic jams in some of the major cities of the world. The government is initiating the green environment and clean environment campaign so as to improve the air quality caused by private vehicles.
Further, the report states the major challenge is that low network capabilities and traffic bottlenecks on busy routes and the temporary traffic bottlenecks are unplanned maintenance actions are among the main factors that are hampering the global autonomous train market.
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