Autonomous Trains Market (By Automation Type – GoA 1, GoA 2, GoA 3, GoA 4. By Application – Passenger Trains, Freight, Mining. By Components – Radar, Odometer, Antenna, Sensors and Others) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 – 2025

According to our report, In terms of revenue, the Autonomous trains market is expected to grow at a CAGR of 18.9% from 2017 to 2025.

Autonomous trains are the next step to future transportation system. The global revenue for autonomous train market is rising at a rapid pace as totally driverless underground or overground trains are becoming realistic in several cities around the globe. During the forecast period, rail system will be the most efficient mean of transportation as there is a rise in demand for autonomous trains globally. In autonomous trains, the decision to run or stop is being decided by the train itself in real time without any presence of human being. . In modern metro and rail network, the train systems are connected with Automatic Train Control (ATC) that serves the purpose of speed control mechanism. Autonomous trains are also equipped with ATP (Automatic Train Protection) that is a type of train protection system that serves the purpose of speed restriction and as well as have the ability of automatic stop at signals. This new kind of generation of automated trains has massively impacted the railway system and is likely to augment the demand of this technology. Thus adoption of autonomous train operation is likely expected to boost the market growth during the forecast period 2017-2025.

The report covers the analysis and forecast of the Autonomous Trains market on global as well as regional level. The study provides historic data of 2015 along with the forecast for the period between 2017 and 2024 based on revenue (US$ Mn).

The study provides a detailed view of the autonomous trains market, by segmenting it based on by automation type, components, application, and regional demand. In the coming years, autonomous trains have an extremely great potential of becoming the most well ordered means of transportation. In metro and rail network automation refers to the procedure by means of which the operation management of the train is shifted from the driver to the train control system. . Autonomous trains are totally driverless trains that can be over ground and underground trains and has massively impacted rail and metro system for generations, and is likely to augment the demand of the technology throughout various autonomy sectors.   

Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The segmentation also includes the automation type, component type and applications in all regions.

The competitive profiling of the key players in the global Autonomous Trains market across five broad geographic regions is included in the study. These include different business strategies adopted by the leading players and their recent developments, in the field of automation industry.

A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints, and opportunities is part of the report. Additionally, the report includes potential opportunities in the Autonomous trains market at the global and regional levels. Market dynamics are the factors which impact the market growth, so their analysis helps understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2016 to 2024, along with offering an inclusive study of the Autonomous trains market.

The report provides the size of the Autonomous trains market in 2016 and the forecast for the next nine years up to 2024. The size of the global autonomous train market is provided in terms of revenue. Market revenue is defined in US$ Mn. The market dynamics prevalent in North America, Europe, Middle East and Africa, and Asia Pacific have been taken into account in estimating the growth of the global market.

Market estimates for this study have been based on revenue being derived through regional pricing trends. Demand for Autonomous trains market has been derived by analyzing the global and regional demand for advanced telematics in each application for its respective functions. The Autonomous trains market has been analyzed based on expected demand. Forecasts have been based on expected demand from Autonomous train applications. We have used the bottom-up approach to estimate the global revenue of the Advanced Telematics in Trucks market, split into regions. Based on provider type, application and function type, we have summed up the individual revenues from all the regions to achieve the global revenue for Autonomous train market. The application split of the market has been derived using a bottom-up approach for each regional market separately, with the global application segment split being an integration of regional estimates. Companies were considered for the market share analysis, based on their innovation and application and revenue generation. In the absence of specific data related to the sales of Autonomous trains several privately held companies, calculated assumptions have been made in view of the company’s penetration and regional presence across all applications.

The report covers a detailed competitive outlook that includes the market share and company profiles of key players operating in the global market. Key players profiled in the report include Bombardier Transportation, Siemens AG, Alstom S.A., Thales Group, Ansaldo STS, Incheon Transit Corporation, Beijing Traffic Control Technology.

The Global Autonomous Train Market has been segmented into:

Autonomous Trains Market: By Automation Type

• GoA 1
• GoA 2
• GoA 3
• GoA 4

Autonomous Trains Market: By Application

• Passenger Trains
• Freight
• Mining

Autonomous Trains Market: By Components  

• Radar
• Odometer
• Antenna
• Sensor
• Others

Autonomous Trains Market: By Geography

• North America

  • U.S.
  • Canada
  • Mexico

• Europe

  • U.K.
  • Italy
  • France
  • Germany
  • Russia
  • Spain
  • Rest of Europe

• Asia Pacific

  • India
  • China
  • Japan
  • Asian
  • Australia
  • Rest of Asia Pacific

• Middle East and Africa

  • GCC
  • South Africa
  • Rest of Middle East and Africa

• Latin America

  • Brazil
  • Rest of Latin America