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Train Control Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Train Control Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • April 2022
  • 145 pages
  • ID: 6269264
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global train control management system market reached a value of US$ 3.11 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 5.14 Billion by 2027, exhibiting at a CAGR of 8.65% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Train control management system (TCMS) is a centralized control system used to manage the flow of information between the trains and subsystems. It consists of various computer-based solutions, such as software, human-machine interface, digital and analog input/output (I/O) system and data networks. The mobile communication gateways (MCGs) use Wi-fi and global positioning system (GPS) solutions to utilize low-cost and high-bandwidth channels for providing train location to onboard and station systems. TCMS provides a secure and interconnected communication interface between automatic drain doors, air conditioners and ventilation systems, and aids in preventing faults in metros, trams, multiple-car trains, high-performance locomotives and high-speed trains. In comparison to the traditionally used standalone systems, TCMS integrates the data from multiple sources and provides more efficient services to locomotive drivers, maintainers and passengers.

Train Control Management System Market Trends:
Rapid digitization of the railway systems across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing availability of high-speed communication systems is providing a thrust to the market growth. With the rising requirement for secure, safe and efficient transportation systems, both underground and ground-level locomotives, including automated metros and high-speed trains, are integrated with sophisticated onboard cameras, sensors and communication devices. Additionally, various technological advancements, such as the integration of connected devices with the Industrial Internet of Things (IIoT), artificial intelligence (AI), big data and machine learning (ML) solutions, are acting as other growth-inducing factors. These solutions are also connected with cloud computing and cyber security solutions to operate smart signaling, real-time train planning, route scheduling and centralized controlling systems. Other factors, including the widespread adoption of Mobility-as-a-Service (MaaS) business models, along with significant improvements in railway infrastructure, are anticipated to drive the market toward growth.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global train control management system market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, solution type, network type and train type.

Breakup by Component:
Vehicle Control Unit
Mobile Communication Gateway
Human–machine Interface
Others

Breakup by Solution Type:
Communication-based Train Control
Positive Train Control
Integrated Train Control

Breakup by Network Type:
Ethernet Consist Network
Multifunctional Vehicle Bus
Wired Train Bus

Breakup by Train Type:
Metros and High-speed Trains
Electric Multiple Units
Diesel Multiple Units

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alstom, Aselsan A.?., Bombardier Inc., Construcciones y Auxiliar de Ferrocarriles S.A., EKE-Electronics Ltd, General Electric Company, Hitachi Ltd., Knorr-Bremse Systeme für Schienenfahrzeuge GmbH, Medha Servo Drives Private Limited, Mitsubishi Electric Corporation, Siemens AG and Thales Group.

Key Questions Answered in This Report:
How has the global train control management system market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global train control management system market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the solution type?
What is the breakup of the market based on the network type?
What is the breakup of the market based on the train type?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global train control management system market and who are the key players?
What is the degree of competition in the industry?

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