Automatic train control (ATC) is an operational safety enhancement device used to help automate operations of trains which involves a speed control mechanism in response to external inputs. It is mainly used on automated guide way transits and rapid transit systems which are easier to ensure the safety of humans.
MARKET DYNAMICS
The automatic train control market is heavily influenced by driving factors such as increasing technological advancement targeted toward passenger convenience and emerging trend of smart cities boost the market growth. However, the inefficiency of train operations and high deployment cost of ATC solutions are impacting negatively on the growth of this market in the current market scenario.
MARKET SCOPE
The "global automatic train control market analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global automatic train control market trend analysis. The report aims to provide an overview of the automatic train control market with detailed market segmentation by service, automation and train type. The global automatic train control market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automatic train control market players and offers key trends and opportunities in the automatic train control market.
MARKET SEGMENTATION
The global automatic train control market is segmented on the basis of service, automation and train type. Based on service type the market is segmented as consulting, integration and deployment and support and maintenance. On the basis of automation the market is segmented as GOA 1,GOA 2,GOA 3 and GOA 4. On the basis of the train type the market is segmented as metro train, high-speed train, passenger train and freight train.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automatic train control market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automatic train control market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automatic train control market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the automatic train control market in these regions.
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MARKET PLAYERSThe reports cover key developments in the automatic train control market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from automatic train control market are anticipated to lucrative growth opportunities in the future with the rising demand for automatic train control in the global market. Below mentioned is the list of few companies engaged in the automatic train control market.
The report also includes the profiles of key automatic train control companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
-Alstom
-Bombardier
-Cisco Systems, Inc.
-MERMEC Inc.
-MIPRO Electronics
-Siemens
-Tech Mahindra Limited
-Thales Group
-Toshiba India Pvt. Ltd
-WSP
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