Market Overview:
The global train traffic control system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for advanced railway systems and rising investments in railway infrastructure across the globe. The global train traffic control system market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into hardware and software. The hardware segment dominates the global train traffic control system market owing to its wide adoption across various applications such as national railway network and international railway network. On the basis of application,the market is divided into national railway network and international railway network segments.
Product Definition:
A train traffic control system is a set of devices and procedures used to manage railway traffic in order to ensure safety. The system usually includes signals, switches, and track circuits that allow operators to route trains around each other.
Hardware:
Hardware is the tangible, physical entity that is used to achieve a result in a computer system. Hardware components can be seen, touched and tested; they are independent entities with specific functions. The hardware component consists of processor (CPU), memory unit (RAM), storage devices, input/output devices and network interface cards.
The train traffic control system market has witnessed significant growth over the past few years owing to increasing demand for integrated rail management systems across the globe.
Software:
Software is used in the traffic control system to display information on a digital screen or LED screens. It helps in monitoring and controlling the traffic. The software is installed at a central location along with other systems for controlling all roads that are connected by train tracks.
Is it possible to integrate existing ticketing system with new software? Yes, we have done this successfully for many cities across Europe.
Application Insights:
The national railway network segment dominated the global train traffic control system market in 2017, accounting for over 60.0% share of the overall revenue. The segment is expected to maintain its dominance over the forecast period owing to a well-developed and extensive railway infrastructure in most countries across Europe, North America and Asia Pacific regions. National rail systems are developed with a specific purpose in mind; they are designed to serve a certain area, carry passengers from one place to another on a specific schedule and reach their destinations within an allocated time frame at reasonable costs. These factors contribute toward making them highly reliable modes of transport that can be counted upon at all times for providing safe travels along with optimum passenger satisfaction levels every time.
Regional Analysis:
The Asia Pacific region dominated the global train traffic control system market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing investments in railway infrastructure development, rising adoption of rail safety systems across various countries, and growing demand for better passenger services. Moreover, increasing government initiatives such as “Make in India†campaign by the Indian government are expected to boost regional growth over the forecast period.
Europe accounted for a significant share of revenue share owing to high adoption of RTLS solutions by several major players operating railways networks across Europe. The introduction of new trains with enhanced technology coupled with increased spending on maintenance and expansion is anticipated would drive regional growth during the forecast period.
Growth Factors:
- Increasing demand for high-speed and efficient transportation systems
- Growing population and rapid urbanization in developing countries
- Proliferation of rail networks and development of new railway lines
- Rising adoption of advanced technologies such as CBTC and ERTMS
- Stringent government regulations for safety and security
Scope Of The Report
Report Attributes
Report Details
Report Title
Train Traffic Control System Market Research Report
By Type
Hardware, Software
By Application
National Railway Network, International Railway Network
By Companies
Toshiba, indra, 4Tel, Siemens, Thales, Fima
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Train Traffic Control System Market Report Segments:
The global Train Traffic Control System market is segmented on the basis of:
Types
Hardware, Software
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
National Railway Network, International Railway Network
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:
- Toshiba
- indra
- 4Tel
- Siemens
- Thales
- Fima
Highlights of The Train Traffic 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:
- Hardware
- Software
- By Application:
- National Railway Network
- International Railway Network
- 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 Train Traffic 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Train traffic control system is a network of devices and personnel used to regulate the movement of trains on railway tracks.
Some of the major companies in the train traffic control system market are Toshiba, indra, 4Tel, Siemens, Thales, Fima.
The train traffic 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 Train Traffic 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 Train Traffic Control System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Train Traffic 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 Train Traffic 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 Train Traffic Control System Market Size & Forecast, 2018-2028
4.5.1 Train Traffic Control System Market Size and Y-o-Y Growth
4.5.2 Train Traffic Control System Market Absolute $ Opportunity
Chapter 5 Global Train Traffic 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 Train Traffic Control System Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Train Traffic 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 Train Traffic Control System Market Size Forecast by Applications
6.2.1 National Railway Network
6.2.2 International Railway Network
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Train Traffic 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 Train Traffic 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 Train Traffic Control System Analysis and Forecast
9.1 Introduction
9.2 North America Train Traffic 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 Train Traffic Control System Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
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 Train Traffic Control System Market Size Forecast by Applications
9.10.1 National Railway Network
9.10.2 International Railway Network
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 Train Traffic Control System Analysis and Forecast
10.1 Introduction
10.2 Europe Train Traffic 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 Train Traffic Control System Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
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 Train Traffic Control System Market Size Forecast by Applications
10.10.1 National Railway Network
10.10.2 International Railway Network
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 Train Traffic Control System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Train Traffic 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 Train Traffic Control System Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
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 Train Traffic Control System Market Size Forecast by Applications
11.10.1 National Railway Network
11.10.2 International Railway Network
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 Train Traffic Control System Analysis and Forecast
12.1 Introduction
12.2 Latin America Train Traffic 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 Train Traffic Control System Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
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 Train Traffic Control System Market Size Forecast by Applications
12.10.1 National Railway Network
12.10.2 International Railway Network
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) Train Traffic Control System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Train Traffic 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) Train Traffic Control System Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
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) Train Traffic Control System Market Size Forecast by Applications
13.10.1 National Railway Network
13.10.2 International Railway Network
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 Train Traffic Control System Market: Competitive Dashboard
14.2 Global Train Traffic Control System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toshiba
14.3.2 indra
14.3.3 4Tel
14.3.4 Siemens
14.3.5 Thales
14.3.6 Fima
