Market Overview:
The global mainline rail signalling systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for mainline rail signalling systems in passenger and freight trains applications across the globe. Communication-based train control (CBTC) system is expected to be the fastest growing segment during the forecast period, owing to its advantages such as increased capacity, improved safety and reduced operating costs. North America accounted for the largest share of the global mainline rail signalling systems market in 2017, followed by Europe and Asia Pacific.
Product Definition:
The mainline rail signalling system is a railway system that is used to control the movement of trains along the railway track. This system uses various signals to indicate to the train driver whether it is safe to proceed or not. The main purpose of this system is to ensure the safety and efficiency of train operations.
Traditional Train Control:
Traditional Train Control (TTC) is a railway communication system that enables train operators to exchange information with stations, other trains and the rail network. It provides real-time data about the position of all trains on a common platform. The technology has evolved over time from manual signaling to an advanced communication system based on radio frequency identification and cellular networks.
Communication Based Train Control:
The global communication based train control (CBTC) and it's usage in mainline rail signaling systems market size was valued at USD 2.83 billion in 2016. It is expected to witness a CAGR of XX% over the forecast period. The demand for CBTC technology is increasing owing to reduction in infrastructure costs, increase safety features along with better customer experience, and efficient management of traffic across various regions including Europe, Asia Pacific, North America, and MEA.
Application Insights:
Passenger train application segment led the market and accounted for more than 60.0% share of the global revenue in 2017. The high share is attributable to a rising number of passenger trains on main lines across the globe. In addition, an increasing number of passengers traveling by rail has also boosted segment growth over recent years.
The freight train application segment is expected to witness significant growth over the forecast period owing to an increase in demand for faster, safer and reliable railway transport services globally coupled with growing industrialization & urbanization trends across various regions including Europe, North America and Asia Pacific etc.
Regional Analysis:
Asia Pacific dominated the global mainline rail signalling systems market in 2016 and is expected to continue its dominance over the forecast period. The presence of high growth opportunities, increasing investments by governments for improving infrastructure, rising demand for intercity and long-distance travel are some key factors driving regional growth. China is estimated to witness significant growth owing to increasing government spending on railway infrastructure as well as growing domestic demand for passenger services.
The European region accounted for a major share in 2016 owing to the technological advancements made by various countries such as Germany and Belgium that paved way for improved train control systems across Europe. Moreover, these countries were early adopters of modern technologies resulting into higher penetration rates compared with other regions globally.
Growth Factors:
- Increasing demand for mainline rail signalling systems from the transportation sector as it helps in improving the overall efficiency and safety of railway operations.
- Proliferation of high-speed railways across the globe is expected to drive the demand for mainline rail signalling systems over the next few years.
- Rising investments towards modernization of railway infrastructure is also projected to boost the market growth in near future.
- Growing awareness about advantages offered by mainline rail signalling systems is anticipated to fuel its adoption among various end-use industries worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mainline Rail Signalling Systems Market Research Report
By Type
Traditional Train Control, Communication Based Train Control
By Application
Passenger Train, Freight Train
By Companies
Hitachi, Thales, Alstom, Bombardier, Nippon Signal, CRSC, Siemens, Kyosan, Toshiba, Mermec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Mainline Rail Signalling Systems Market Report Segments:
The global Mainline Rail Signalling Systems market is segmented on the basis of:
Types
Traditional Train Control, Communication Based Train Control
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Train, Freight Train
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hitachi
- Thales
- Alstom
- Bombardier
- Nippon Signal
- CRSC
- Siemens
- Kyosan
- Toshiba
- Mermec
Highlights of The Mainline Rail Signalling Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Traditional Train Control
- Communication Based Train Control
- By Application:
- Passenger Train
- Freight Train
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mainline Rail Signalling Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mainline rail signalling systems are used to control the movement of trains on railway tracks. They use a variety of devices, including track circuits, signal boxes and signal levers, to communicate train movements between the railway network and the drivers in the locomotives.
Some of the major companies in the mainline rail signalling systems market are Hitachi, Thales, Alstom, Bombardier, Nippon Signal, CRSC, Siemens, Kyosan, Toshiba, Mermec.
The mainline rail signalling systems market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mainline Rail Signalling Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mainline Rail Signalling Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mainline Rail Signalling Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mainline Rail Signalling Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mainline Rail Signalling Systems Market Size & Forecast, 2018-2028
4.5.1 Mainline Rail Signalling Systems Market Size and Y-o-Y Growth
4.5.2 Mainline Rail Signalling Systems Market Absolute $ Opportunity
Chapter 5 Global Mainline Rail Signalling Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mainline Rail Signalling Systems Market Size Forecast by Type
5.2.1 Traditional Train Control
5.2.2 Communication Based Train Control
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mainline Rail Signalling Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mainline Rail Signalling Systems Market Size Forecast by Applications
6.2.1 Passenger Train
6.2.2 Freight Train
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mainline Rail Signalling Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mainline Rail Signalling Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mainline Rail Signalling Systems Analysis and Forecast
9.1 Introduction
9.2 North America Mainline Rail Signalling Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mainline Rail Signalling Systems Market Size Forecast by Type
9.6.1 Traditional Train Control
9.6.2 Communication Based Train Control
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mainline Rail Signalling Systems Market Size Forecast by Applications
9.10.1 Passenger Train
9.10.2 Freight Train
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mainline Rail Signalling Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Mainline Rail Signalling Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mainline Rail Signalling Systems Market Size Forecast by Type
10.6.1 Traditional Train Control
10.6.2 Communication Based Train Control
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mainline Rail Signalling Systems Market Size Forecast by Applications
10.10.1 Passenger Train
10.10.2 Freight Train
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mainline Rail Signalling Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mainline Rail Signalling Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mainline Rail Signalling Systems Market Size Forecast by Type
11.6.1 Traditional Train Control
11.6.2 Communication Based Train Control
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mainline Rail Signalling Systems Market Size Forecast by Applications
11.10.1 Passenger Train
11.10.2 Freight Train
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mainline Rail Signalling Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Mainline Rail Signalling Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mainline Rail Signalling Systems Market Size Forecast by Type
12.6.1 Traditional Train Control
12.6.2 Communication Based Train Control
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mainline Rail Signalling Systems Market Size Forecast by Applications
12.10.1 Passenger Train
12.10.2 Freight Train
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mainline Rail Signalling Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mainline Rail Signalling Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mainline Rail Signalling Systems Market Size Forecast by Type
13.6.1 Traditional Train Control
13.6.2 Communication Based Train Control
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mainline Rail Signalling Systems Market Size Forecast by Applications
13.10.1 Passenger Train
13.10.2 Freight Train
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mainline Rail Signalling Systems Market: Competitive Dashboard
14.2 Global Mainline Rail Signalling Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitachi
14.3.2 Thales
14.3.3 Alstom
14.3.4 Bombardier
14.3.5 Nippon Signal
14.3.6 CRSC
14.3.7 Siemens
14.3.8 Kyosan
14.3.9 Toshiba
14.3.10 Mermec
