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Global Autonomous Train Market
Global autonomous train market by level of automation (GoA 1, GoA 2, GoA 3, GoA 4), by technology (communication-based train control (CBTC), European rail traffic management system (ERTMS), automatic train control (ATC), positive train control (PTC)), by application (passenger, freight), by region (North America, Europe, Asia-Pacific, Rest of the World), industry snapshot, 2022-2028
The global autonomous train market market is projected to rise by USD 3 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 5.4 percent during the forecast period.
This industry report offers market estimates of the global market, followed by a detailed analysis of the level of automation, technology, application, and region. The global market data on autonomous train can be segmented by level of automation: GoA 1, GoA 2, GoA 3, GoA 4. Globally, the GoA 1 segment made up the largest share of the autonomous train market. Autonomous train market is further segmented by technology: communication-based train control (CBTC), European rail traffic management system (ERTMS), automatic train control (ATC), positive train control (PTC). The communication-based train control (CBTC) segment captured the largest share of the market in 2021. Based on application, the autonomous train market is segmented into: passenger, freight. According to the research, the passenger segment had the largest share in the global autonomous train market. On the basis of region, the autonomous train market also can be divided into: North America, Europe, Asia-Pacific, Rest of the World. Asia-Pacific held the largest revenue share in 2021.
The report also includes the profiles of leading companies such as Thales Group, Alstom S.A., Hitachi Rail STS, Bombardier Inc., Siemens AG.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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