Autonomous Train Technology Market Overview:
Autonomous trains, too known as driver less trains, are
operated automatically without any human intervention. They are monitored from
the control station. In case of any obstacle experienced in the route, a
message is sent to the operational administration center and then to the
attendant on the train, to stop the train. Owing to the increase in traffic
congestion on the road networks, the need for smart and frequent trains is
fueling the growth of the global autonomous train market.
Autonomous Train Technology Market Forecast and Trends
The global Autonomous Train Technology Market is anticipated
to grow nearly at a CAGR of 5.1% to expected to reach $11.7 Billion by 2026. Due to the surge
in demand for safety, security, reliable, affordable, and efficient
transportation propelling the Autonomous Train Technology Market growth at a
very high rate in the forecast horizon. The significant factors that are
influencing the growth of the autonomous train include a surge in the
allocation of budget for the development of railways, a rise in demand for
secure, safer, and efficient transport; a decline in pollution & accidents;
heightened passenger capacity & reliability.
The deployment of autonomous trains makes it convenient
to add or remove the new train from the system without impacting the system and
without waiting for train availability or staff availability. Thus, the
availability of trains during off-peak and night hours is possible due to an
increase in flexibility, which drives the adoption of the autonomous train
technology market. Improvement in railway infrastructure, particularly in
developing countries, and growth in freight transport through train is
opportunistic for market expansion. All these factors are anticipated to have a
definite impact on the autonomous train technology market during the forecast
in budget allocation for the development of railways
The concept of the autonomous train is widely adopted by
the developing as well as developed countries. The adoption of this technology
is expensive, as this requires upgradations of several components like
signaling technologies, monitoring, etc., the governments are continuously
increasing the rail budgets to enhance the infrastructure.
in demand for secure, safer, and efficient transport system
Autonomous trains have fewer chances of rail fatalities,
owing to the deployment of upgraded technologies such as communication-based
train control (CBTC). The rail fatalities can be decreased by installing an
onboard camera, sensors, communication devices, and more. Besides, in most
locations, autonomous trains run underground or are at the ground level and are
highly secured by fences or walls to prevent intruding.
Deployment Cost and Security Concerns
A rise in the possibility of hacking the system and the
high cost of automating the railways may hamper the growth of the market. If a
system of autonomous train technology is hacked, then it will incur the loss of
data, loss of life, and property.
Autonomous Train Technology Market: Type
Based on type, the Autonomous Train Technology Market
segmented into Metro, Light Rail, and Bullet Train/HSR. High-speed rails/bullet
trains segment is expected to have the fastest growth, due to the surge in
demand for safety systems, efficiency, and ease of operation.
Autonomous Train Technology Market: Level of Automation
On the premise of Level of Automation, the Autonomous
Train Technology Market segregated into GoA 1, GoA 2, GoA 3, and GoA 4. GoA 4
is expected to grow at a very high CAGR during the forecast horizon, due to its
safety features. GoA 4 is consuming less energy, wear and tear of the
components are less, and provides more passenger room, which is fueling the
autonomous train technology market.
Autonomous Train Technology Market: Application
Based on Application, the Autonomous Train Technology
Market bifurcated into Passenger Train, and Freight Train. The surge in freight
transport through railway is predicted to fuel the growth of the global
autonomous train technology market during the forecast horizon 2016-2026.
Autonomous Train Technology Market: Technology
Based on Technology, the Autonomous Train Technology
Market segmented into Communication Based Train Control (CBTC), European
Railway Traffic Management System (ETRMS), Automatic Train Control (ATC), and
Positive Train Control (PTC). CBTC segment is expected to fuel the market
growth during the forecast period due to its cost-effectiveness, ease in the
implementation, maintenance & expansion, safety, and highly advanced nature.
ETRMS segment is expected to have the highest growth, owing to its security,
punctuality, reliability, and traffic capacity.
Autonomous Train Technology Market: Component
Based on Component, the Autonomous Train Technology
Market segregated into Camera, Accelerator, Odometer, Tachometer, Radio Set,
and others. Camera segment is projected to have the fastest growth, due to the
facility it offers like safety, monitoring, and sharing data about the overload
capacity, hence, propelling the autonomous train technology in the forecast
Autonomous Train Technology Market: Regional insights
By geography, the global Autonomous Ships Market
segregated into North America, Europe, Asia Pacific, Middle East & Africa,
and Latin America. The Asia Pacific region is anticipated to be the fastest
growing market, due to the high acceptance of technology, quantity of projects
undertaking, and increase in government spending towards railway
objective of the Study:
To analyze and forecast the global Autonomous
Train Technology Market size of the market, in terms of value.
To examine the careful market segmentation
and forecast the market size, in terms value, based on the region by segmenting
the Global Autonomous Train Technology Market into five regions, namely, North
America, Europe, Asia Pacific, Middle East, South America and their leading
· To outline, categorized and forecast the
global Autonomous Train Technology Market based on the type, level of
automation, application, technology, and component.
· To examine competitive developments like
technological advancement, services, and regulative framework within the global
Autonomous Train Technology Market.
· To highlight the impact analysis of the
factors, affecting the market dynamics such as drivers, restraints,
opportunities, and challenges.
· To strategically profile the key players and
comprehensively analyze their market shares along with detailing the competitive
landscape for market leaders.
of the Report
Level of Automation
Communication Based Train Control (CBTC)
European Railway Traffic Management System
Automatic Train Control (ATC)
Positive Train Control (PTC)
Asia Pacific (APAC)
Middle East & Africa
Kawasaki Heavy Industries
Mitsubishi Heavy Industries
Other Prominent Players
Questions answer by the report
How will the market drivers, restraints and
opportunities affect the market dynamics?
What will be the market size in terms of
value and volume and market statistics with a detailed classification?
Which segment dominates the market or region
and one will be the fastest growing and why?
A comprehensive survey of the competitive
landscape and the market participant players
Analysis of strategy adopted by the key
player and their impact on other players.
Scope for the Client
Client satisfaction is our first and last priority and
that is why BlueWeave Consulting offers customization according to Company’s
specific needs. The following customization options are available for the
With five additional company detail analysis
Additional country analysis
Detailed segment analysis