Global Autonomous Train Market Analysis Report 2022: The Future of Autonomous Metro, Light Rail and High Speed Trains to 2030
DUBLIN, September 2, 2022 /PRNewswire/ — The “Autonomous Train Market by Automation Level (GOA1, GOA2, GOA3, GOA4), Technology (CBTC, ERTMS, ATC, PTC), Application, Component, Train Type (Metro, Light Rail, High Speed Rail/HSR) ), track length, GOA 4 Systems and Region – Global Forecast to 2030″ report has been added to from ResearchAndMarkets.com offer.
The global autonomous train market is estimated at $8.3 billion in 2022 and is expected to grow at a CAGR of 5.1% from 2022 to 2030, reaching $12.3 billion by 2030.
The rail industry across the world is undergoing continuous changes in terms of technologies to become highly efficient and provide improved services to commuters/passengers. The high degree of train automation allows for increased speed control and the formulation of effective traffic management strategies.
It also reduces the risk of accidents caused by human error. Lawsuits resulting from incidents caused by the negligence or incompetence of train drivers are expensive. Autonomous or driverless trains provide smoother acceleration compared to manually operated trains, resulting in longer life of wheelsets and train traction/braking equipment.
These trains also offer better comfort to passengers. Developed regions, such as North America and Europe, improve railway safety by modernizing trains and replacing existing systems with new and advanced ones. For example, in the European region, a new initiative known as the 4th railway package has been launched to create a single European railway area with structural and technical reforms.
The initiative aims to provide a high level of safety, interoperability and reliability to the European rail network. Automated Train Operation is an operational safety enhancement device used to help automate train operation. The degree of automation is indicated by the degree of automation (GoA), until GoA level 4 (where the train is controlled automatically without any personnel on board).
ATO is mainly used on automated guideways and rapid transit systems where it is easier to keep people safe. On most systems, a pilot is present to mitigate the risks associated with failures or emergencies. In November 2021 Alstom presented its new monorail in China which will be equipped with automatic train operation (ATO) operating class 4 (GoA4).
Similarly, technologies such as Positive Train Control (PTC), Communication/Computer Train Control (CBTC), European Rail Traffic Management System (ERTMS) and Automated Train Control (ATC) facilitate the rail operations and increase the safety and security of trains. .
Asia Pacific to be the fastest growing region in the global autonomous train market.
The region’s growing population, along with better organized mass transit systems and a need for safety, has triggered the demand for rails, which is directly driving the market for autonomous train technology.
Global rail and technology manufacturers, such as Alstom and Bombardier, Inc., among others, supply the Asian market through government supply contracts. The Chinese market will be important in Asia Pacific as there has been a significant increase in the demand for high-tech rails in the country.
The markets of other countries of Asia Pacific are also growing, but not as fast as big economies like China, Japanand India. In March 2021, Hitachi Track won a contract to supply integrated logistics support for the Frecciarossa high-speed fleet. The contract is worth $18 billion will be for a period of six years.
Alstom (France), Siemens (Germany), Hitachi (Japan), Wabtec Corporation (USA) and Thales Group (France) are the major players operating in the autonomous train market.
- Advanced technologies and increased government investment to drive the market
- Europe is expected to account for the largest market share in 2022
- Cbtc Segment Expected to Lead Autonomous Train Market, 2022-2030 (USD Million)
- Passenger segment is expected to lead the autonomous train market, 2022-2030 (units)
- Metro/monorail segment to dominate the autonomous train market, 2022-2030 (units)
- Goa 2 segments to lead the autonomous train market, 2022-2030 (units)
- Increased safety and service benefits for passengers on board
- Increased budget allocations alongside upcoming rail projects
- Growing need for safety and compliance in rail transport
- Lack of technological infrastructure and interoperability
- Slowing GDP and inadequate infrastructure spending in developing countries
- High initial investments
- Development of autonomous freight trains
- Low power consumption and low operating cost
- Put more emphasis on intelligent infrastructure
- Improved passenger experience and real-time infrastructure monitoring
- Inability of Dto systems to perform required protective functions in an emergency and lack of human intervention
- Lack of comprehensive infrastructure, high cost and threat of cyberattacks
- Positive Train Control (Ptc)
- Communication/Computerized train control (Cbtc)
- Automatic/Integrated Train Control (Atc)
- Passenger Information System (Pis)
- European Network and Information Security Agency (ENISA)
- General Data Protection Regulation (GDPR)
- International Union of Railways (UIC)
Scenario analysis (2022-2030)
- Most Likely Scenario
- Optimistic scenario
- Pessimistic scenario
- Cisco case study
- Alstom partners with Snc-Lavalin for the Rem project Canada
- Scourge ni (Norway) Thales selected to provide next-generation national traffic management system
- Huawei’s Intelligent Software System Analyzes Data, Improves Surveillance Efficiency, and Implements Practical Surveillance Management Solutions for Qinghai-Tibet Railway
- Hitachi Ltd.
- Wabtec Company
- Thales Group
- Mitsubishi Heavy Industries
Other key regional players
- Beijing traffic control technology
- Tech Mahindra Ltd.
- Deutsche Bahn
- American equipment company
- Transmash holding
- Kawasaki Heavy Industries
For more information on this report, visit https://www.researchandmarkets.com/r/20crxc
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SOURCE Research and Markets