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1089204

Global Autonomous Train Technology Market: Analysis By Train Type, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2026

Published: | Daedal Research Private Limited | 151 Pages | Delivery time: 1-2 business days

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Global Autonomous Train Technology Market: Analysis By Train Type, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2026
Published: June 14, 2022
Daedal Research Private Limited
Content info: 151 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents
  • List of Tables

The global autonomous train technology market was valued at US$7.41 billion in 2021, and is projected to be worth US$10.11 billion in 2026. In comparison to road transportation, railways are considered to be an efficient and reliable means of transportation for passenger and freight over greater distances, with fewer delays and breakdowns, resulting in shorter travel times. As a result, governments across the world have boosted financial allocations for modernizing and upgrading the railway ecosystem in order to enhance the railway network and minimize reliance on other modes of transportation.

Autonomous trains are a type of automated train that includes an automated train driving system that controls train arrival, departure, movement between stations, accurate and automatic train halting, and on-time door opening and closing. The autonomous train technology market is determined to grow at a CAGR of 6.43% over the analyzed period of 2022-2026.

Market Segmentation Analysis:

By Train Type: The report identifies three segments on the basis of train type: Metro/Monorail, High Speed Rail and Light Rail. Among the train type, metro/monorail segment held the major share of around 44% in 2021 owing to the advantages such as safer, efficient, dependable, and cost effective means of transportation. The advantages of high capacity and quick travel time are driving the adoption of metro rails in developing economies.

By Region: In the report, the global autonomous train technology market is divided into five regions: North America, Asia Pacific, Europe, Latin America and Middle East and Africa. North America accounted for the largest share of 38% in the global autonomous train technology market in 2021. North America has a long railway history and is a developed economy with significant infrastructure capable of servicing the enormous demand for goods and people mobility. Higher use of railways for freight mobility has supported the market in the past years.

Asia Pacific is predicted to experience the fastest growth in the coming years, due to presence of good railway netwwork. Furthermore, the autonomous train industry is expected to increase significantly as governments across the region, particularly China, India, and Japan, invest more in rail infrastructure development. The increased popularity of metro transit as a mode of public transportation in India is also causing significant industry growth. As a result, the railway network plays a critical role in the economic development of Asia-Pacific countries.

Market Dynamics:

Growth Drivers: The market has been growing over the past few years, due to factors such as rising investments in smart cities, increasing adoption of metros and high speed trains, increased budget allocation for railway development, decarbonized and sustainable form of transportation, rising demand for secure and safer railway system and increasing demand for electric trains. Due to the introduction of improved technology such as communication based train control (CBTC), European railway traffic management system (ETRMS), and others, autonomous trains have a lower risk of rail fatalities. On-board cameras, sensors, communication devices, and other technology can help to prevent train fatalities, boosting the demand for autonomous train technologies. Moreover, growing electrification of metro/monorail as a result of stricter pollution standards being enacted around the world has also supported market growth.

Challenges: However, some challenges are impeding the growth of the market such as high implementation costs and constraints in processing. Autonomous trains are built around integrated digital signal processing (DSP) modules. The programmed algorithm directs the operation of this architecture in a specific order. When the train is moving, one of the key challenges is the complicated interplay of the many subsystems. Railway signaling is complicated, with many different types of signals and state combinations. There are a variety of train types available, each with its own infrastructure. As a result, an autonomous system that works with one type of train may not necessarily work with another.

Trends: The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as adoption of IoT devices, integration of artificial intelligence and virtual reality, and technological advancements in automotive sensors. The internet of things have a significant impact on railway infrastructure dependability and safety. Condition-based monitoring eliminates delays caused by track and train component failures, improving maintenance efficiency and costs while also increasing passenger satisfaction. Railway operators can also use IoT-enabled advanced analytics to develop data-driven solutions to improve fleet control and rail operations efficiency.

Impact Analysis of COVID-19 and Way Forward:

The COVID-19 pandemic has wreaked havoc on global autonomous train technology market. Because of the pandemic, major railway projects were halted, and posed a challenge to the autonomous train technology market. People were seeking more personal vehicles as a result of their fear of shared spaces, decreasing the demand of train, thus hampering the market.

However, the post-COVID environment appears to be fortunate for the autonomous train technology market, as people are now more transilient for electric and safe vehicles. Moreover, increased safety norms are also expected to support the market growth. Connectivity is going beyond 5G and vehicle data access. More connected experiences would open up more possibilities for displaying information across dashboards and interfaces.

Competitive Landscape:

The global autonomous train technology market is highly concentrated. Market players have implemented sustainable growth techniques in the market. To strengthen their position in the market, some of the leading competitors are pursuing various growth methods such as mergers, acquisitions, collaborations, and agreements. For example, Alstom completed the acquisition of Bombardier Transportation in January 2021, resulting in a globally competitive producer in mobility and rail transport. The key players of the global autonomous train technology market are:

Alstom SA

Belden Inc.

CAF SA

CRRC Corporation Ltd.

Hitachi Ltd (Hitachi Rail Ltd.)

Thales Group

CalAmp Corp.

Siemens AG (Siemens Mobility)

Warehouse Airbrake Technologies Corporation (GE Transportation)

ABB Group

Kawasaki Heavy Industries

Mitsubishi Heavy Industries Ltd

Deutsche Bahn AG

Major players are investing in R&D of the equipment to meet international standards. New product launches, collaborations with governments and expansion in the emerging countries are among the strategic activities that the corporations are pursuing in order to increase their market positions. For example, in September 2021, Mitsubishi Heavy Industries Engineering formed a joint partnership with Keolis to build the Dubai Metro and Dubai tram. The Dubai metro, a fully automated driverless rail system, has successfully begun operations. Kawasaki Heavy Industries offered new remote track monitoring services with information and communications technology in North America in May 2021.

Scope of the Report:

The report titled "Global Autonomous Train Technology Market: Analysis By Train Type (Metro/Monorail, High Speed Rail, Light Rail), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa) Size and Trends with Impact of COVID-19 and Forecast up to 2026", includes:

- An in-depth analysis of the global autonomous train technology market by value, by train type, by region, etc.

- The regional analysis of the autonomous train technology market, including the following regions:

North America (The US, Canada and Mexico)

Asia Pacific (China, Japan, India, South Korea, Australia, Singapore, and Rest of Asia Pacific)

Europe (Germany, UK, France, Italy, Russia, Spain, Netherlands, Switzerland, and Rest of Europe)

Latin America (Brazil, Argentina, Chile and Rest of Latin America)

Middle East and Africa

- Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.

- Provides an analysis of the COVID-19 impact on the global autonomous train technology market.

- Assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall autonomous train technology market has also been forecasted for the period 2022-2026, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

- Evaluation of the potential role of autonomous train technology to improve the market status.

- Identification of new technological developments, R&D activities, and product launches occuring in the autonomous train technology market.

- In-depth profiling of the key players, including the assessment of the business overview, market strategies, regional and business segments of the leading players in the market.

- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

- The in-depth analysis provides an insight into the market, underlining the growth rate and opportunities offered in the business.

Table of Contents

    1. Executive Summary

    2. Introduction

    • 2.1 Autonomous Train Technology: An Overview
      • 2.1.1 Grades of Automation
      • 2.1.2 Benefits of Autonomous Trains
    • 2.2 Autonomous Train Technology Segmentation: An Overview
      • 2.2.1 Autonomous Train Technology Segmentation By Train Type

    3. Global Market Analysis

    • 3.1 Global Autonomous Train Technology Market: An Analysis
      • 3.1.1 Global Autonomous Train Technology Market by Value
      • 3.1.2 Global Autonomous Train Technology Market by Train Type (Metro/Monorail, High Speed Rail, and Light Rail)
      • 3.1.3 Global Autonomous Train Technology Market by Region (North America, Asia Pacific, Europe, Latin America and Middle East and Africa)
    • 3.2 Global Autonomous Train Technology Market: Train Type Analysis
      • 3.2.1 Global Metro/Monorail Autonomous Train Technology Market by Value
      • 3.2.2 Global High Speed Rail Autonomous Train Technology Market by Value
      • 3.2.3 Global Light Rail Autonomous Train Technology Market by Value

    4. Regional Market Analysis

    • 4.1 North America Autonomous Train Technology Market: An Analysis
      • 4.1.1 North America Autonomous Train Technology Market by Value
      • 4.1.2 North America Autonomous Train Technology Market by Region (The US, Canada and Mexico)
      • 4.1.3 The US Autonomous Train Technology Market by Value
      • 4.1.4 Canada Autonomous Train Technology Market by Value
      • 4.1.5 Mexico Autonomous Train Technology Market by Value
    • 4.2 Asia Pacific Autonomous Train Technology Market: An Analysis
      • 4.2.1 Asia Pacific Autonomous Train Technology Market by Value
      • 4.2.2 Asia Pacific Autonomous Train Technology Market by Region (China, Japan, India, South Korea, Australia, Singapore, and Rest of Asia Pacific)
      • 4.2.3 China Autonomous Train Technology Market by Value
      • 4.2.4 Japan Autonomous Train Technology Market by Value
      • 4.2.5 India Autonomous Train Technology Market by Value
      • 4.2.6 South Korea Autonomous Train Technology Market by Value
      • 4.2.7 Australia Autonomous Train Technology Market by Value
      • 4.2.8 Singapore Autonomous Train Technology Market by Value
      • 4.2.9 Rest of Asia Pacific Autonomous Train Technology Market by Value
    • 4.3 Europe Autonomous Train Technology Market: An Analysis
      • 4.3.1 Europe Autonomous Train Technology Market by Value
      • 4.3.2 Europe Autonomous Train Technology Market by Region (Germany, UK, France, Italy, Russia, Spain, Netherlands, Switzerland, and Rest of Europe)
      • 4.3.3 Germany Autonomous Train Technology Market by Value
      • 4.3.4 UK Autonomous Train Technology Market by Value
      • 4.3.5 France Autonomous Train Technology Market by Value
      • 4.3.6 Italy Autonomous Train Technology Market by Value
      • 4.3.7 Russia Autonomous Train Technology Market by Value
      • 4.3.8 Spain Autonomous Train Technology Market by Value
      • 4.3.9 Netherlands Autonomous Train Technology Market by Value
      • 4.3.10 Switzerland Autonomous Train Technology Market by Value
      • 4.3.11 Rest of Europe Autonomous Train Technology Market by Value
    • 4.4 Latin America Autonomous Train Technology Market: An Analysis
      • 4.4.1 Latin America Autonomous Train Technology Market by Value
      • 4.4.2 Latin America Autonomous Train Technology Market by Region (Brazil, Argentina, Chile and Rest of Latin America)
      • 4.4.3 Brazil Autonomous Train Technology Market by Value
      • 4.4.4 Argentina Autonomous Train Technology Market by Value
      • 4.4.5 Chile Autonomous Train Technology Market by Value
      • 4.4.6 Rest of Latin America Autonomous Train Technology Market by Value
    • 4.5 Middle East and Africa Autonomous Train Technology Market: An Analysis
      • 4.5.1 Middle East and Africa Autonomous Train Technology Market by Value

    5. Impact of COVID-19

    • 5.1 Impact of COVID-19
      • 5.1.1 Impact of COVID-19 on Global Autonomous Train Technology Market
      • 5.1.2 Post-COVID Scenario

    6. Market Dynamics

    • 6.1 Growth Drivers
      • 6.1.1 Rising Investments in Smart Cities
      • 6.1.2 Increasing Adoption of Metros and High Speed Trains
      • 6.1.3 Increased Budget Allocation For Railway Development
      • 6.1.4 Decarbonized and Sustainable Form Of Transportation
      • 6.1.5 Rising Demand For Secure and Safer Railway System
      • 6.1.6 Increasing Demand for Electric Trains
    • 6.2 Challenges
      • 6.2.1 High Cost of Implementation
      • 6.2.2 Constraints in Processing
    • 6.3 Market Trends
      • 6.3.1 Adoption of Internet of Things (IoT) Devices
      • 6.3.2 Integration of Artificial Intelligence (AI)
      • 6.3.3 Integration of Augmented Reality & Virtual Reality
      • 6.3.4 Technological Advancements in Automotive Sensors

    7. Competitive Landscape

    • 7.1 Global Autonomous Train Technology Market: Products & Services Offered

    8. Company Profiles

    • 8.1 Alstom SA
      • 8.1.1 Business Overview
      • 8.1.2 Operating Products
      • 8.1.3 Business Strategy
    • 8.2 Belden Inc.
      • 8.2.1 Business Overview
      • 8.2.2 Operating Segments
      • 8.2.3 Business Strategy
    • 8.3 CAF SA
      • 8.3.1 Business Overview
      • 8.3.2 Operating Business Units
      • 8.3.3 Business Strategy
    • 8.4 CRRC Corporation Ltd.
      • 8.4.1 Business Overview
      • 8.4.2 Operating Region
      • 8.4.3 Business Strategy
    • 8.5 Hitachi Ltd. (Hitachi Rail Ltd.)
      • 8.5.1 Business Overview
      • 8.5.2 Operating Segments
      • 8.5.3 Business Strategy
    • 8.6 Thales Group
      • 8.6.1 Business Overview
      • 8.6.2 Operating Segments
      • 8.6.3 Business Strategy
    • 8.7 CalAmp Corp.
      • 8.7.1 Business Overview
      • 8.7.2 Operating Segments
      • 8.7.3 Business Strategy
    • 8.8 Siemens AG (Siemens Mobility)
      • 8.8.1 Business Overview
      • 8.8.2 Operating Segments
      • 8.8.3 Business Strategy
    • 8.9 Warehouse Airbrake Technologies Corporation (GE Transportation)
      • 8.9.1 Business Overview
      • 8.9.2 Operating Segments
      • 8.9.3 Business Strategy
    • 8.10 ABB Group
      • 8.10.1 Business Overview
      • 8.10.2 Operating Businesses
      • 8.10.3 Business Strategy
    • 8.11 Kawasaki Heavy Industries
      • 8.11.1 Business Overview
      • 8.11.2 Operating Segments
      • 8.11.3 Business Strategy
    • 8.12 Mitsubishi Heavy Industries Ltd
      • 8.12.1 Business Overview
      • 8.12.2 Operating Segments
      • 8.12.3 Business Strategy
    • 8.13 Deutsche Bahn AG
      • 8.13.1 Business Overview
      • 8.13.2 Operating Segments
      • 8.13.3 Business Strategy

List of Tables

  • Table 1: Global Autonomous Train Technology Market: Products & Services Offered

List of Figures

  • Figure 1: Grades of Automation
  • Figure 2: Benefits of Autonomous Trains
  • Figure 3: Autonomous Train Technology Segmentation By Train Type
  • Figure 4: Global Autonomous Train Technology Market by Value; 2017-2021 (US$ Billion)
  • Figure 5: Global Autonomous Train Technology Market by Value; 2022-2026 (US$ Billion)
  • Figure 6: Global Autonomous Train Technology Market by Train Type; 2021 (Percentage, %)
  • Figure 7: Global Autonomous Train Technology Market by Region; 2021 (Percentage, %)
  • Figure 8: Global Metro/Monorail Autonomous Train Technology Market by Value; 2017-2021 (US$ Billion)
  • Figure 9: Global Metro/Monorail Autonomous Train Technology Market by Value; 2022-2026 (US$ Billion)
  • Figure 10: Global High Speed Rail Autonomous Train Technology Market by Value; 2017-2021 (US$ Billion)
  • Figure 11: Global High Speed Rail Autonomous Train Technology Market by Value; 2022-2026 (US$ Billion)
  • Figure 12: Global Light Rail Autonomous Train Technology Market by Value; 2017-2021 (US$ Billion)
  • Figure 13: Global Light Rail Autonomous Train Technology Market by Value; 2022-2026 (US$ Billion)
  • Figure 14: North America Autonomous Train Technology Market by Value; 2017-2021 (US$ Billion)
  • Figure 15: North America Autonomous Train Technology Market by Value; 2022-2026 (US$ Billion)
  • Figure 16: North America Autonomous Train Technology Market by Region; 2021 (Percentage, %)
  • Figure 17: The US Autonomous Train Technology Market by Value; 2017-2021 (US$ Billion)
  • Figure 18: The US Autonomous Train Technology Market by Value; 2022-2026 (US$ Billion)
  • Figure 19: Canada Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 20: Canada Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 21: Mexico Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 22: Mexico Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 23: Asia Pacific Autonomous Train Technology Market by Value; 2017-2021 (US$ Billion)
  • Figure 24: Asia Pacific Autonomous Train Technology Market by Value; 2022-2026 (US$ Billion)
  • Figure 25: Asia Pacific Autonomous Train Technology Market by Region; 2021 (Percentage, %)
  • Figure 26: China Autonomous Train Technology Market by Value; 2017-2021 (US$ Billion)
  • Figure 27: China Autonomous Train Technology Market by Value; 2022-2026 (US$ Billion)
  • Figure 28: Japan Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 29: Japan Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 30: India Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 31: India Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 32: South Korea Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 33: South Korea Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 34: Australia Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 35: Australia Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 36: Singapore Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 37: Singapore Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 38: Rest of Asia Pacific Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 39: Rest of Asia Pacific Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 40: Europe Autonomous Train Technology Market by Value; 2017-2021 (US$ Billion)
  • Figure 41: Europe Autonomous Train Technology Market by Value; 2022-2026 (US$ Billion)
  • Figure 42: Europe Autonomous Train Technology Market by Region; 2021 (Percentage, %)
  • Figure 43: Germany Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 44: Germany Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 45: UK Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 46: UK Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 47: France Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 48: France Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 49: Italy Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 50: Italy Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 51: Russia Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 52: Russia Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 53: Spain Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 54: Spain Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 55: Netherlands Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 56: Netherlands Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 57: Switzerland Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 58: Switzerland Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 59: Rest of Europe Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 60: Rest of Europe Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 61: Latin America Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 62: Latin America Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 63: Latin America Autonomous Train Technology Market by Region; 2021 (Percentage, %)
  • Figure 64: Brazil Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 65: Brazil Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 66: Argentina Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 67: Argentina Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 68: Chile Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 69: Chile Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 70: Rest of Latin America Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 71: Rest of Latin America Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 72: Middle East and Africa Autonomous Train Technology Market by Value; 2017-2021 (US$ Million)
  • Figure 73: Middle East and Africa Autonomous Train Technology Market by Value; 2022-2026 (US$ Million)
  • Figure 74: Global Spending on Smart City Initiatives; 2018-2023 (US$ Billion)
  • Figure 75: Global Length of High Speed Rail Network for Commercial Operations; 2015-2020 (Kilometers)
  • Figure 76: Global Number of Active IoT Device Connections; 2018 - 2022 (Billion)
  • Figure 77: Global Artificial Intelligence Software Market Revenue; 2021-2025 (US$ Billion)
  • Figure 78: Global Market Size of Virtual Reality & Augmented Reality; 2021-2024 (US$ Billion)
  • Figure 79: Alstom SA Sales by Product; 2021 (Percentage, %)
  • Figure 80: Belden Inc. Revenue by Segment; 2021 (Percentage, %)
  • Figure 81: CAF Group Sales by Business Units; 2021 (Percentage, %)
  • Figure 82: CRRC Corporation Ltd. Revenue by Region; 2020 (Percentage, %)
  • Figure 83: Hitachi Ltd. Revenues by Segment; 2021 (Percentage, %)
  • Figure 84: Thales Group Sales by Segment; 2021 (Percentage, %)
  • Figure 85: CalAmp Corp. Revenues by Segment; 2022 (Percentage, %)
  • Figure 86: Siemens AG Revenue by Segments; 2021 (Percentage, %)
  • Figure 87: Warehouse Airbrake Technologies Corporation Net Sales by Segments; 2021 (Percentage, %)
  • Figure 88: ABB Group Revenues by Business Areas; 2021 (Percentage, %)
  • Figure 89: Kawasaki Heavy Industries Net Sales by Segment; 2022 (Percentage, %)
  • Figure 90: Mitsubishi Heavy Industries Revenue by Segment; 2020 (Percentage, %)
  • Figure 91: Deutsche Bahn Revenue by Segments; 2021 (Percentage, %)