Railway signalling is used to maintain railway traffic. It keep the train paths clear for other trains at all times as well as reduce the number of accidents. Various technology used under railway signalling system are Automatic Train Protection (ATP) System, Automatic Train Operation (ATO) System, European Train Control System (ETCS), Communication Based Train Control (CBTC) System, Positive Train Control (PTO) System. The requirement of receiving accurate and quick signal is bringing the innovations in railway signalling system.
The eco-system of the Railway Signalling market includes key players like Alstom SA, Ansaldo STS, Bombardier Inc., Cisco Systems, Inc., GE Transportation, etc. These companies are competitive in the space of railway signalling market. They are adopting strategies like new product launches, mergers and acquisitions. Recently, China’s state owned company, China Railway Signal and Communication Co, Ltd awarded projects in Gulf and Africa to develop high speed railway networks in these regions.