Autonomous train market
The Business Research Company offers’ Global Autonomous Trains Market Report 2021 – By Train Type (Commuter Trains, Streetcar, Monorail, Metro / Metro, Long-Haul Trains), By Technology (Automatic Train Control (ATC), Control Communication-Based Train (CBTC)), European Rail Traffic Management System (ERTMS), Positive Train Control (PTC)), By level of automation (GOA1, GOA2, GOA3, GOA4), By application (train , Cargo, Mining), Growth and Change COVID-19 “in its research report store. This is the most comprehensive report available in this market and will help you gain a truly global perspective as it covers 60 The regional and country breakdowns section gives an analysis of the market in each geography and the market size by region and country. It also compares historical and forecast market growth and highlights important trends and strategies that market players can adopt.
The Autonomous Trains Market report describes and explains the global Autonomous Trains market and covers 2015 to 2020, referred to as historical period, and 2020 to 2025, referred to as forecast period, along with other forecasts for the period 2025-2030. The report assesses the market in each region and for the major economies in each region.
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The autonomous train market consists of the sale of autonomous trains, which are activated by the automatic train protection system (ATP), helping the train to stop automatically at signals with speed control. The trains are designed with high power cameras, the latest sensors, GPS data and on-board computer systems. Data is collected from sensors and monitored in control rooms, allowing the autonomous system to make an informed decision. Autonomous trains can run more frequently and reach higher speeds, allowing managers to increase the number of trains running on a route instead of having to incur significant expenses to build new tracks. The market is made up of the revenues generated by the manufacture of automatic trains by the company through the sale of these products.
The global autonomous train market is expected to grow from $ 6.95 billion in 2020 to $ 7.73 billion in 2021 at a compound annual growth rate (CAGR) of 11.2%. The growth is primarily driven by businesses resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges. The market is expected to reach $ 10.8 billion in 2025 at a CAGR of 9%.
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Some of the major players in the autonomous train market are Alstom SA, ABB, Bombardier Transportation, CRRC Transportation, Hitachi Ltd., Kawasaki Heavy Industries, Mitsubishi Heavy Industries, Siemens AG, Thales Group, Ansaldo, Beijing Traffic Control Technology, General Electric, China CNR Corporation Ltd, Incheon Transit Corporation, Intesens, Transmashholding, CalAmp, Hollysys, Deuta, Wabtec Corporation, Ingeteam, Tech Mahindra Ltd, American Equipment Company, Belden, Inc., Bharat Forge Ltd., CAF, Construcciones y Auxiliar de Ferrocarriles, SA , Deutsche Bahn AG, Tvema, Wabtec Corporation.
The countries covered in the Autonomous Trains market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom and the United States.
The regions covered by the Autonomous Trains Market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and South America ‘Africa.
The global autonomous train market is segmented –
1) By type of train: commuter trains, tramway, monorail, metro / metro, long distance trains
2) By technology: Automatic Train Control (ATC), Communication Based Train Control (CBTC), European Rail Traffic Management System (ERTMS), Positive Train Control (PTC)
3) By automation level: GOA1, GOA2, GOA3, GOA4
4) By application: Passenger train, freight, mining
Learn more about the Global Autonomous Trains Market report:
Some points from the table of contents
2. Characteristics of the autonomous train market
3. Autonomous train market trends and strategies
4. Impact of COVID-19 on autonomous trains
5. Size and growth of the autonomous train market
26. Market for autonomous trains in Africa
27. Autonomous Train Market Competitive Landscape and Company Profiles
28. Key mergers and acquisitions in the autonomous train market
29. Future prospects and potential analysis of the autonomous trains market
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