About Train Control and Management Systems
Train control and management system is a distributed control system. It provides a single point of control over all train sub systems. The system consists of computer devices and software, human machine interfaces, digital and analogue capability, and data networks. Train control and management system provides data communication interfaces to other systems and telecommunications for supporting systems operating remotely. Moreover, due to its central role in coordinating control and monitoring, this system is called the brain of the train. The train control and management system also easily integrates with the third party subsystems due to its modular design and standardized interfaces.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Japan Manufacturers will contribute the maximum growth to Global Train Control and Management Systems market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bombardier Inc. (Canada), Siemens AG (Germany), Toshiba Corporation (Japan), Mitsubishi Electric Corporation (Japan), Hitachi Ltd. (Japan), Knorr-Bremse AG (Germany), ALSTOM SA (France), CAF GROUP (Spain), ABB (Switzerland) and Thales Group (France) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are ASELSAN (Turkey), EUTA-WERKE GmbH (Germany), Rockwell Collins (United States) and MEN Mikro Elektronik GmbH (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Train Control and Management Systems market by and Region.
On the basis of geography, the market of Train Control and Management Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Train Control Solutions, the sub-segment i.e. Positive Train Control will boost the Train Control and Management Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component , the sub-segment i.e. Vehicle Control Unit will boost the Train Control and Management Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Train Type , the sub-segment i.e. Metros & High-Speed Trains will boost the Train Control and Management Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. GSM-R will boost the Train Control and Management Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Usage of Automated and High Speed Trains
Market Growth Drivers:
Increasing Demand of Public Transport Owing to Urbanization and Increasing Fuel Emission Norms Is Leading to People Opting for Trains
Challenges:
Potential System Failure May Hamper the Market
Restraints:
High Infrastructural and Maintenance Costs and Lack of Interoperability
Opportunities:
Increasing Investments in Public Transport by Governments and Growing Shifts towards the Digital Systems for Control and Management of Trains
Market Leaders and their expansionary development strategies
On 12th May 2019, Mitsubishi has announced that it will acquire the remaining shares or Iconic Inc. which is a United States software company focused on SCADA, IoT, mobile, analytics and cloud software.
Key Target Audience
Hardware Manufacturers, Software developers, Government associations, Research organizations, software vendors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.