Global Autonomous Train Market is accounted for 62,977.43 units in 2020 and is expected to reach 107,400.56 units by 2028 growing at a CAGR of 6.9% during the forecast period. Factors such as advancement in digital technology, increased budget allocations for rail development, and growing need to ensure service benefits for onboard passengers are driving the growth of the market.
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By geography, Asia Pacific is going to have high growth during the forecast period owing to the increasing infrastructural development and upcoming projects in various countries of the region.
Some of the key players profiled in the Autonomous Train Market include General Electric, Thales Group, Hitachi, Siemens, Mitsubishi Heavy Industries, Kawasaki Heavy Industries, ABB, Tech Mahindra Ltd, Deutsche Bahn, Alstom, Bombardier, CAF, Bharat Forge, Calamp, and CRRC.
Grades of Automation (GOA) Covered in Autonomous Train Market
• GOA 1 (Manual Train Operation)
• GOA 2 (Semi-Automatic Train Operation)
• GOA 3 (Driverless Train Operation)
• GOA 4 (Unattended Train Operation)
Components Covered:
• Accelerometer
• Antenna
• Tachometer
• Optical Sensors & Camera
• Doppler
• Radio Set
• LiDAR Module
• Odometer
Train Types Covered:
• High-Speed Rail/Bullet Train
• Metro/Monorail
• Light Rail
Technologies Covered:
• Automatic Train Protection (ATP)
• Automatic Train Control (ATC)
• Automatic Train Operation (ATO)
• Positive Train Control (PTC)
• Communication Based Train Control (CBTC)
• European Railway Traffic Management System (ERTMS)
Applications Covered:
• Freight Train (Mining)
• Passenger Train
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