Market Overview:
The global rail transit train control system 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 public transportation and the rising need for safety and security in railways. The type segment of the global rail transit train control system market is divided into train control systems, interlocking systems, dispatch centralized systems, and centralized monitoring systems. The application segment of the global rail transit train control system market is classified into trains, light rails, subways, and other applications. Geographically, the global rail transit train control system market is analyzed across North America (U.S., Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China Japan India) Middle East & Africa (South Africa).
Product Definition:
Rail Transit Train Control System is a computer-based system that oversees the safe operation of trains on a rail transit line. It monitors train position, speed, and braking status in order to ensure that trains are operated safely and efficiently.
Train Control System:
The global train control system market size was valued at USD 2.5 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024. The increasing demand for public transportation, growing urbanization, and rising population are the major factors driving the growth of this industry globally.
Interlocking System:
Interlocking system is a safety device used to prevent trains from colliding with each other or the platform. It works on the basis of mechanical relays and interlocks that are connected via track circuits. These devices help in ensuring safety by preventing any accidental movement of trains on tracks.
The global Interlocking System (ILS) and it's usage in Rail Transit Train Control System market size was valued at USD 3,852.0 million in 2016.
Application Insights:
The train application segment dominated the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand for high-speed rail services across various regions. A number of countries have implemented a centralized system for controlling several trains on a single railway line, which helps in avoiding traffic congestion and provides efficient management of passenger transportation systems.
Light rail transit (LRT) systems are increasingly being deployed as an alternative to traditional buses or heavy-duty trucks due to their low environmental impact, improved operational efficiency and lower cost associated with them. This has resulted in growing demand for such systems worldwide, especially in developing economies where they are considered as an effective mode of transport due to their low costs and ease of operation compared with other modes such as buses or heavy-duty trucks. Increasing investments by governments worldwide towards improving public transportation infrastructure is also likely to drive the growth over the forecast period.
Regional Analysis:
Europe dominated the global rail transit train control system market in terms of revenue share in 2016. The presence of well-established railway infrastructure and a large number of railways across the region is expected to be some factors responsible for its dominance. Europe has also been witnessing increasing investments from Asian countries, which are likely to contribute towards regional growth over the forecast period. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising demand for improved railway safety standards from several governments as well as passengers’ associations across various countries such as India, China, Japan and Australia among others.
The North American market was valued at USD X million in 2016 and is projected to grow at an estimated CAGR of XX% during the forecast period due high investment by several government organizations such as National Rail Administration (NRA) within U.S.
Growth Factors:
- Increasing demand for rail transit systems in developing countries
- Rising government investment in rail infrastructure
- Proliferation of high-speed and ultra-high-speed railways
- Development of next-generation train control systems
- Growing popularity of public–private partnerships for railway projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Rail Transit Train Control System Market Research Report
By Type
Train Control System, Interlocking System, Dispatch Centralized System, Centralized Monitoring System
By Application
Train, Light Rail, Subway, Other
By Companies
Hitachi, Thales, Alstom, Bombardier, Nippon Signal, CRSC, Traffic Control Technology, Siemens, Kyosan, Toshiba, Glarun Technology, Unittec, 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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Rail Transit Train Control System Market Report Segments:
The global Rail Transit Train Control System market is segmented on the basis of:
Types
Train Control System, Interlocking System, Dispatch Centralized System, Centralized Monitoring System
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
Train, Light Rail, Subway, Other
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
- Traffic Control Technology
- Siemens
- Kyosan
- Toshiba
- Glarun Technology
- Unittec
- Mermec
Highlights of The Rail Transit Train Control System 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:
- Train Control System
- Interlocking System
- Dispatch Centralized System
- Centralized Monitoring System
- By Application:
- Train
- Light Rail
- Subway
- Other
- 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 Rail Transit Train Control System 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.
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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?
Rail transit train control system is a computerized system used to operate rail vehicles, including locomotives and passenger cars. It controls the speed, direction, and operation of trains on a railway track.
Some of the key players operating in the rail transit train control system market are Hitachi, Thales, Alstom, Bombardier, Nippon Signal, CRSC, Traffic Control Technology, Siemens, Kyosan, Toshiba, Glarun Technology, Unittec, Mermec.
The rail transit train control system 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 Rail Transit Train Control System 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 Rail Transit Train Control System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rail Transit Train Control System 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 Rail Transit Train Control System 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 Rail Transit Train Control System Market Size & Forecast, 2018-2028
4.5.1 Rail Transit Train Control System Market Size and Y-o-Y Growth
4.5.2 Rail Transit Train Control System Market Absolute $ Opportunity
Chapter 5 Global Rail Transit Train Control System 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 Rail Transit Train Control System Market Size Forecast by Type
5.2.1 Train Control System
5.2.2 Interlocking System
5.2.3 Dispatch Centralized System
5.2.4 Centralized Monitoring System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rail Transit Train Control System 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 Rail Transit Train Control System Market Size Forecast by Applications
6.2.1 Train
6.2.2 Light Rail
6.2.3 Subway
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rail Transit Train Control System 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 Rail Transit Train Control System 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 Rail Transit Train Control System Analysis and Forecast
9.1 Introduction
9.2 North America Rail Transit Train Control System 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 Rail Transit Train Control System Market Size Forecast by Type
9.6.1 Train Control System
9.6.2 Interlocking System
9.6.3 Dispatch Centralized System
9.6.4 Centralized Monitoring System
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 Rail Transit Train Control System Market Size Forecast by Applications
9.10.1 Train
9.10.2 Light Rail
9.10.3 Subway
9.10.4 Other
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 Rail Transit Train Control System Analysis and Forecast
10.1 Introduction
10.2 Europe Rail Transit Train Control System 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 Rail Transit Train Control System Market Size Forecast by Type
10.6.1 Train Control System
10.6.2 Interlocking System
10.6.3 Dispatch Centralized System
10.6.4 Centralized Monitoring System
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 Rail Transit Train Control System Market Size Forecast by Applications
10.10.1 Train
10.10.2 Light Rail
10.10.3 Subway
10.10.4 Other
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 Rail Transit Train Control System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rail Transit Train Control System 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 Rail Transit Train Control System Market Size Forecast by Type
11.6.1 Train Control System
11.6.2 Interlocking System
11.6.3 Dispatch Centralized System
11.6.4 Centralized Monitoring System
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 Rail Transit Train Control System Market Size Forecast by Applications
11.10.1 Train
11.10.2 Light Rail
11.10.3 Subway
11.10.4 Other
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 Rail Transit Train Control System Analysis and Forecast
12.1 Introduction
12.2 Latin America Rail Transit Train Control System 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 Rail Transit Train Control System Market Size Forecast by Type
12.6.1 Train Control System
12.6.2 Interlocking System
12.6.3 Dispatch Centralized System
12.6.4 Centralized Monitoring System
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 Rail Transit Train Control System Market Size Forecast by Applications
12.10.1 Train
12.10.2 Light Rail
12.10.3 Subway
12.10.4 Other
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) Rail Transit Train Control System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rail Transit Train Control System 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) Rail Transit Train Control System Market Size Forecast by Type
13.6.1 Train Control System
13.6.2 Interlocking System
13.6.3 Dispatch Centralized System
13.6.4 Centralized Monitoring System
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) Rail Transit Train Control System Market Size Forecast by Applications
13.10.1 Train
13.10.2 Light Rail
13.10.3 Subway
13.10.4 Other
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 Rail Transit Train Control System Market: Competitive Dashboard
14.2 Global Rail Transit Train Control System 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 Traffic Control Technology
14.3.8 Siemens
14.3.9 Kyosan
14.3.10 Toshiba
14.3.11 Glarun Technology
14.3.12 Unittec
14.3.13 Mermec
