Autonomous Train Market Scope
The autonomous system is capable of making its own decisions to respond to all cases without human-defined instructions. It must therefore manage the purposes of comprehension, environment analysis and decision making responsibilities which so far are largely reserved for human beings. Autonomous trains are equipped with a control system, which is programmed to make them following a specific path. Stations on such a route, timings of the train and distances between stations are all predefined. Messages and warnings are automatically generated and announced to the travelers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Alstom (France), Siemens (Germany), Bombardier (Canada), Hitachi (Japan), Kawasaki Heavy Industries (Japan), General Electric (United States), Thales Group (France), Mitsubishi Heavy Industries (Japan), CRRC (China) and ABB (Switzerland) |
CAGR | 20.3% |
Leading key players of autonomous train market are focusing on strategic partnerships, acquisitions, new service launch to improve their products and services. The players are focusing on increasing their consumer base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA estimates that European Manufacturers will contribute to the maximum growth of Global Autonomous Train market throughout the predicted period.
Alstom (France), Siemens (Germany), Bombardier (Canada), Hitachi (Japan), Kawasaki Heavy Industries (Japan), General Electric (United States), Thales Group (France), Mitsubishi Heavy Industries (Japan), CRRC (China) and ABB (Switzerland) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are CAF Power & Automation (Spain) and Deutsche Bahn (Germany).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Autonomous Train market by Type , by Application (Passenger and Freight) and Region with country level break-up.
On the basis of geography, the market of Autonomous Train 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In January 2021 Alstom acquired Bombardier Transportation. Alstom, incorporating Bombardier Transportation, leverages a clear Alstom in Motion strategy and strong operating foundation and financial trajectory to integrate additional solutions and assets to reach a significant scale and better serve all geographies in the growing sustainable mobility market. We will strengthen our leadership in customers all over the world.
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.
Influencing Trend:
Advancements in Autonomous Freight Trains
Market Growth Drivers:
Increased Safety and Service Benefits for Onboard Travelers and Increased Budget Allocations for the Development of Railways in Developed Countries
Challenges:
Lack of Proper Railway Infrastructure
Restraints:
Cost of Technology is High
Opportunities:
Low Operational Costs and Energy Consumption of Autonomous Trains
Key Target Audience
Manufacturers of Rail Equipments, Suppliers of Raw Materials, Transport Industry, Rail Service Providers, Railway Contractors, Governmental Bodies, Infrastructure Providers and Railway Industry Associations