How Autonomous Train Market Players have Encountered Temporary Covid-19 Tailwinds; Worth Watching New Growth Cycle

Autonomous Train Market Latest Edition Published with Forecast to 2030


The article cited AMA's "Global Autonomous Train Market Study" explored CAGR of 20.3%. According to the report, Advancements in Autonomous Freight Trains is one of the primary growth factors for the market. Increased Safety and Service Benefits for Onboard Travelers is also expected to contribute significantly to the Autonomous Train market. Overall, Passenger applications of Autonomous Train, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Train Type, such as Metro/Monorail, is boosting the Autonomous Train market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technology, such as CBTC, is boosting the Autonomous Train market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Level of Automation, such as GOA 1, is boosting the Autonomous Train market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Autonomous Train market identified that the demand is rising in many different parts of the world as "Low Operational Costs and Energy Consumption of Autonomous Trains". Furthermore, some recent industry insights like "In April 2022, Alstom, a global leader in smart mobility, and its partner Elta Systems and its smart mobility spin-off NIART successfully conducted an ODS test in Oosterhout, near the city of Breda in the Netherlands. The tests carried out in conjunction with Dutch infrastructure manager ProRail and rail freight operator Lineas, demonstrated that the locomotive-mounted ODS can detect obstacles up to 1,000 m away in all-weather and visibility (day and night) conditions. In addition to being able to operate as a driver assistance system, it can operate as a fully automated system with Alstom's AutoPilot components. These tests were conducted during ongoing ATO tests on branch trains at GoA level 4 of automation." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Autonomous Train market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Autonomous Train market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Autonomous Train market size is calculated using market estimation process, the Autonomous Train market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Autonomous Train market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

Head & Director of Sales