Global Autonomous Trains Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of XX% during forecast period of 2019 to 2026.
The rise in demand for safety, security, and efficient transport are the main growth driver for the autonomous train market. Autonomous trains are the most sophisticated technology in the field of railway transport system. Technologically advanced system is used in trains to operate it without the assist of a driver and the safety of the passengers are increased. These trains are equipped with high-powered cameras, latest sensors, GPS data, and onboard computer systems.
Increase in the number of metro rail projects to drive the autonomous train market. A railway is the most efficient and safe means of transportation compared to highways due to the fewer number of accidents recorded. Implementation of automation technologies in trains is proving to be more useful for reducing the number of accidents and pollution, reducing the load on the fossil fuels, and an increase in the efficiency. Autonomous trains take considerably less time to cover long distances, as they contain a train to train and train to server communication, which enables the trains to measure the exact distance between the trains.
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Autonomous trains market is segmented into a grade, train type, technology, component, application, and region. In terms of grade, GoA4 automation is anticipated to be the fastest-growing segment in the autonomous train market globally. GoA4 is unattended train operation (UTO) used in starting and stopping, the operation of doors and handling of emergencies are fully automated without any staff.
Based on technology, the communication-based train control (CBTC) technology is estimated to account for the largest market share of XX% during the forecast period. CBTC is a widely used signaling technology in all metros and light rails across the globe.
Based on component, the camera segment is expected to grow at the CAGR of XX% over the upcoming period owing to the increase in need to monitor systems to increase the safety of passengers. The camera is also projected to be the fastest-growing market during the forecast period.
On the basis of application, the passenger segment is estimated to witness fastest growing segment, by volume, of the Autonomous train market during the forecast period. The increase in road traffic congestion has created an opportunity for alternate modes of transportation such as a train.
In terms of region, the Asia Pacific region is the largest and fastest-growing market in the global autonomous train market. The Government of China is focused on the adoption of autonomous trains across the country. Several new autonomous train projects are in progress and several are expected to be planned during the forecast period.
The objective of the report is to present a comprehensive analysis of Global Autonomous Trains Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Autonomous Trains Market dynamics, structure by analyzing the market segments and project the Global Autonomous Trains Market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the Global Autonomous Trains Market make the report investor’s guide.
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Ths Scope of the Autonomous Trains Market:
Autonomous Trains Market, by Grade
Autonomous Trains Market, by Train Type
• Long Distance Train
• Subway/Metro Train Type
Autonomous Trains Market, by Technology
Autonomous Trains Market, by Component
• Radio Set
Autonomous Trains Market, by Application
Autonomous Trains Market, by Geography
• North America
• Middle East & Africa
• Latin America
Key Players operating in the Autonomous Trains Market
• Thales Group
• Alstom S.A.
• Hitachi Ltd.
• Bombardier Transportation
• Ansaldo STS
• SIEMENS AG
• Mitsubishi Electric
• CRRC Corporation limited
• Beijing Traffic Control Technology
• Wabtec Corporation
• Tech Mahindra Ltd
• Kawasaki Heavy Industries
MAJOR TOC OF THE REPORT
Chapter One: Autonomous Trains Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Autonomous Trains Market Competition, by Players
Chapter Four: Global Autonomous Trains Market Size by Regions
Chapter Five: North America Autonomous Trains Revenue by Countries
Chapter Six: Europe Autonomous Trains Revenue by Countries
Chapter Seven: Asia-Pacific Autonomous Trains Revenue by Countries
Chapter Eight: South America Autonomous Trains Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Autonomous Trains by Countries
Chapter Ten: Global Autonomous Trains Market Segment by Type
Chapter Eleven: Global Autonomous Trains Market Segment by Application
Chapter Twelve: Global Autonomous Trains Market Size Forecast (2019-2026)
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