Global autonomous trains market was at 8,000 Km in 2018 and is projected to surpass 29,000 Km by 2028 at a CAGR of around 13% from 2018 to 2027.
Autonomous trains are the further step to future
transportation system. The global demand of autonomous train market is rising
at a lightning pace as the total driverless underground or over ground trains
are becoming realistic in several developed nations around the globe. During
the forecast period, railway system will be the most productive and efficient
mean of transportation as there is an increase in demand for autonomous trains
globally. In autonomous trains, the decision to run or stop is being decided by
the train itself without an assistance of a driver in real time. In present-day
metro and rail network, the train systems are connected with Automatic Train
Control (ATC) that full fill 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 performs the purpose of speed restriction and
as well as have the ability to automatic stop at signals. This novel generation
of automated trains has enormous impact on the railway system and is likely to
expand the demand of this technology. Thus acquisition of autonomous train
operation is likely expected to boost the market growth during the forecast
period 2018-2027.
Major Key Players of
the Autonomous Trains Market are:
Bombardier Transportation, Siemens AG, Alstom S.A., Thales Group, Ansaldo
STS, Incheon Transit Corporation, Beijing Traffic Control Technology, China CNR
Corporation Ltd among others.
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According to the UN Department of Economics and Social
Affairs, urban areas would account for more than 60% share of the total world
population by the end of the forecast period. This drives the need for
autonomous trains which can provide key solutions to keep rail passenger
traffic and congestion under control. There is an increasing trend of
urbanization in developing countries due to job requirements which is driving
the hub and spoke scenario in major cities. People from small cities/towns are
migrating to industrialized metropolitan cities to grab job opportunities which
is anticipated to drive the transit demand and in turn boost the autonomous
trains market. By 2025, 35% of the world’s population is expected to move to
middle class, which in turn, is anticipated to improve the volume of travelers
and the choice of mode of travel. Demographic and economic shift are projected
to result in new global order for rail transport solutions such as autonomous
trains.
The global autonomous
trains market has been segmented as follows:
Autonomous Trains Market: By Automation Type (Distance
Km, Units; 2018-2027)
- GoA 1
- GoA 2
- GoA 3
- GoA 4
Autonomous Trains Market: By Train Type (Distance Km,
Units; 2018-2027)
- Passenger
Train
- Long
Distance Train
- Suburban
Train
- Mono
Rail/ Subway/ Metro
- Tram
- Freight
Rails
- Mining
Rails
Increasing demand for safe travel is anticipated to drive
the autonomous trains market as they minimize or eliminate the accidents caused
by human error. Autonomous trains use a range of sensors which constantly
monitor the surroundings of the train. These trains have advanced features such
as automatic track identification system, infra-red collision system, and
automatic fire detection & breaking system. These advanced features provide
autonomous train with the capacity to reduce collision, deaths, and injuries
which is set to boost the demand of the autonomous trains.
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