Scope of the Study
Train control and management system is a distributed control system. It provides a single point of control over all train sub systems. The system consists of computer devices and software, human machine interfaces, digital and analogue capability, and data networks. Train control and management system provides data communication interfaces to other systems and telecommunications for supporting systems operating remotely. Moreover, due to its central role in coordinating control and monitoring, this system is called the brain of the train. The train control and management system also easily integrates with the third party subsystems due to its modular design and standardized interfaces.
The market study is being classified and major geographies with country level break-up.
Bombardier Inc. (Canada), Siemens AG (Germany), Toshiba Corporation (Japan), Mitsubishi Electric Corporation (Japan), Hitachi Ltd. (Japan), Knorr-Bremse AG (Germany), ALSTOM SA (France), CAF GROUP (Spain), ABB (Switzerland) and Thales Group (France) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are ASELSAN (Turkey), EUTA-WERKE GmbH (Germany), Rockwell Collins (United States) and MEN Mikro Elektronik GmbH (Germany).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Japan Manufacturers will contribute to the maximum growth of Global Train Control and Management Systems market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Train Control and Management Systems market by Type, Application and Region.
On the basis of geography, the market of Train Control and Management Systems 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand of Public Transport Owing to Urbanization
- Increasing Fuel Emission Norms Is Leading to People Opting for Trains
- Increasing Usage of Automated and High Speed Trains
- High Infrastructural and Maintenance Costs
- Lack of Interoperability
- Increasing Investments in Public Transport by Governments
- Growing Shifts towards the Digital Systems for Control and Management of Trains
- Potential System Failure May Hamper the Market
Market Leaders and their expansionary development strategies
On 12th May 2019, Mitsubishi has announced that it will acquire the remaining shares or Iconic Inc. which is a United States software company focused on SCADA, IoT, mobile, analytics and cloud software.
Key Target AudienceHardware Manufacturers, Software developers, Government associations, Research organizations, software vendors and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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