The “TCMS Market by Train Control Solution (PTC, CBTC & Integrated Train Control), Component (Vehicle Control Unit, Mobile Communication Gateway & HMI), Connectivity (GSM-R, Wi-Fi, TETRA), Train Type (EMU, DMU, Metro) & Region – Forecast to 2022” report has been added to Research and Markets’ offering.
The Train Control and Management System (TCMS) market is estimated to be USD 2.26 Billion in 2016 and is projected to reach USD 3.58 Billion by 2022, at a CAGR of 8.02%.
The key factors driving the market growth include rapidly growing population and urbanization in the Asia Oceania region, increasing government mandates in developed regions such as North America and Europe, and availability of high-speed communication systems.
The increasing rail transit network such as light rail transit, metros, and high-speed rails is also expected to boost the demand for TCMS as it is a standard system for rail safety and management. On the other hand, the major factors hindering the TCMS market growth are high infrastructural and maintenance costs and lack of interoperability.
Europe is estimated to be the largest market in 2017, whereas North America is estimated to see the highest growth in the TCMS market during the forecast period. The North American countries are focusing on reducing greenhouse gas emissions and air pollution by the transportation sector. Thus, the government is taking initiatives to develop light rail transit and metros at a rapid pace to follow a sustainable path, which in turn is estimated to drive the demand for TCMS market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 TCMS Market, By Train Type & Region
7 TCMS Market, By Component & Region
8 TCMS Market, By Connectivity & Region
9 Train Control Solution Market, By Type & Region
10 Competitive Landscape
11 Company Profiles
– ABB
– Alstom
– Amaronia Rail Ltd.
– Aselsan A. S.
– Bombardier
– CAF
– China Railway Signal & Communication Corporation Limited (Crsc)
– Deuta-Werke Gmbh
– Eke Finance Ltd.
– Hitachi Ltd.
– Huber Suhner
– Knorr Bremse Ag
– Leroy Automation
– Medha Servo Drives Private Ltd.
– Men Mikro Elektronik Sas
– Mitsubishi Electric Corporation
– Quester Tangent
– Rockwell Collins Inc.
– Siemens Ag
– Strukton
– Tech Mahindra
– Thales Group
– Toshiba Corporation
– Unicontrols
– Wabtec Corporation
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