The global automatic train control market is worth USD 36.53 billion in 2023 and is anticipated to reach a valuation of USD 60.72 billion by 2028. It is predicted to register a CAGR of 10.70% from 2023 to 2028.
Automatic train control (ATC) may be a general class of train protection systems for railways that includes a speed control mechanism in response to external inputs. An automatic train control (ATC) system integrates all the essential and non-essential functions that guarantee the safe operation of trains.
The rising number of projects focused on upgrading and constructing freight infrastructures is supporting the global market. Increasing demographic growth, hyper-urbanization, technological advancements for a hike in passenger convenience, and the emerging trend of smart cities are expected to drive the worldwide market. Increasing government support through initiating funds for the making of technologically advanced trains is raising the automated train control market globally. Moreover, the increasing requirement for pollution reduction & growing demand for safety, high demographic growth, hyper-urbanization, technological advancements for rising passenger convenience, and emerging trends of smart cities are other essential factors that are likely to be driving the global automatic train control market over the forecast period.
MARKET RESTRAINTS
However, the high initial investments and the necessity for regular maintenance may restrain the expansion of the worldwide automatic train control market over the forecast period.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2032 |
Base Year |
2023 |
Forecast Period |
2024 to 2032 |
CAGR |
10.70% |
Segments Covered |
By Automation Type, Service, Train, and Region. |
Various Analyses Covered |
Global, Regional, and Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Siemens, Thales, Bombardier, Cisco, Hitachi, Toshiba, Alstom, Tech Mahindra, WSP, Kyosan, Mermec, Advantech, Mipro, Adlink Technology, and Others. |
Organizational environments are complex, with multiple IT systems connected to perform day-to-day operations. Therefore, the newest ATC solutions have to be upgraded in organizations for better rail operations. The support and maintenance services help develop the ATC system within the enterprise's infrastructure. The support and maintenance services comprise 24/7 troubleshooting assistance, upgrading comprehensive solutions, repairing, replacing, technical support, and managing test scenarios. The support and maintenance section also includes inspection of facilities and training and continued support for ATC applications. The support and maintenance services are mainly adopted by companies to avoid threats and protect devices.
The Mainline train comprises passenger trains and freight trains, which include long routes that cover almost every junction of the country. These trains are purposely developed for long ways only. However, mainline trains are also designed with advanced technologies. Most railway operators are using ATC for mainline trains because it helps avoid collisions and maintain train routes. As an example, in 2018, Govia Thameslink Railway, alongside Network Rail and Siemens, deployed ATO solutions in the European Train System (ETCS), which is used on the mainline railway for passenger services. This assists Govia Thameslink Railway with passenger rail efficiently.
North America constitutes developed economies, such as the US and Canada, which contribute majorly to the regional automatic train control market. One of the key reasons for its major market share in North America is the early adoption of technologies and the globalization of shared services in this area. The strong financial position of this region enables its countries to take a heavy position in leading ATC solutions and technologies. The main growth drivers for this region are the rising number of projects focused on upgrading and constructing freight infrastructures and high-speed railway lines. Moreover, with the Rail Safety Improvement Act of 2008 and the corresponding regulations issued by the Federal Railroad Administration (FRA), passenger and important freight railroads were supposed to implement Positive Train Control (PTC) on most major track lines by New Year's Eve, 2018. The Rail Safety Improvement Act of 2008 has raised the deployment of ATC solutions and associated technologies within the US, as these solutions are at the core of PTC.
Europe and the Asia Pacific regions are also estimated to account for a notable growth rate in the automatic train control market in the coming years, owing to the increasing investments by the local governments.
The major key players in the automatic train control market are Siemens, Thales, Bombardier, Cisco, Hitachi, Toshiba, Alstom, Tech Mahindra, WSP, Kyosan, Mermec, Advantech, Mipro, Adlink Technology.
By Automation Type
By Service
By Region
Frequently Asked Questions
Automatic train control (ATC) may be a general class of train protection systems for railways. It integrates all the essential and non-essential functions that guarantee the safe operation of trains.
The automatic train control market will be worth USD 36.53 billion by 2023.
Moreover, the increasing requirement for pollution reduction & growing demand for safety, high demographic growth, hyper-urbanization, technological advancements for rising passenger convenience
North America led the market in 2022. One of the key reasons for its major market share in North America is the early adoption of technologies and the globalization of shared services in this area.
Siemens, Thales, Bombardier, Cisco, Hitachi, Toshiba, Alstom, Tech Mahindra, WSP, Kyosan, Mermec, Advantech, Mipro, Adlink Technology. are some of the major key players involved in the automatic train control market.
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