Train control and management system (TCMS) is a control system that controls and manages the flow of information between the train and the train subsystems, such as the train doors, air conditioner, others. Increasing the use of public transports due to benefits such as traffic congestion, fluctuating fuel prices, and greenhouse gas emissions, thereby increasing demand for the railways which boosting the demand for train control and management system market. Further, increasing investment in rail infrastructure to cater to the growing demand for transportation and the need to automate the operations of the train & its subsystem are also influences the growth of the train control and management system market.
MARKET DYNAMICS
Growth in the trend of automated metros and high-speed trains, rapid urbanization, increasing population, and rise in fuel emission norms and regulations are the major factor driving the growth of the train control and management system market. However, high infrastructural and maintenance costs of TCMS may hinder the growth of the train control and management system market. Moreover, growing investments in advanced technology, rising up-gradation of the system, and increase in demand for safe and comfortable transport are expected to trigger the growth of the train control and management system market.
MARKET SCOPE
The "Global Train Control and Management System Market Analysis to 2028" is a specialized and in-depth study of the Train control and management system industry with a special focus on the global market trend analysis. The report aims to provide an overview Train control and management system market with detailed market segmentation as train type, component, control solution, and geography. The global Train control and management system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading train control and management system market players and offers key trends and opportunities in the train control and management system market.
MARKET SEGMENTATION
The global train control and management system market is segmented on the basis train type, component, control solution. On the basis of train type the market is segmented as metros and high-speed trains, electric multiple units, diesel multiple units. On the basis of component the market is segmented as vehicle control unit, mobile communication gateway, human machine interface, others. On the basis of control solution the market is segmented as positive train control, communication-based train control, integrated train control.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Train control and management system 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 America. The Train control and management system 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 Train control and management system 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 America after evaluating political, economic, social and technological factors effecting the train control and management system market in these regions.
MARKET PLAYERS
The reports cover key developments in the train control and management system 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 players from Train control and management system market are anticipated to lucrative growth opportunities in the future with the rising demand for train control and management system in the global market. Below mentioned is the list of few companies engaged in the train control and management system market.
The report also includes the profiles of key train control and management system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Alstom SA
- Bombardier Inc.
- CAF (Construcciones y Auxiliar de Ferrocarriles)
- EKE-Electronics Ltd
- Hitachi, Ltd.
- Knorr-Bremse AG
- Mitsubishi Electric Corporation
- Siemens AG
- Strukton
- Toshiba Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.