Automatic Train Control Market

Bombardier (Canada) and Alstom (France) are leading players in Automatic Train Control Market

The global Automatic Train Control (ATC) market size is expected to grow from USD 2.2 billion in 2018 to USD 3.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period (2018–2023). Major driving factors for the ATC market are the high population growth, hyper urbanization, and technological advancements for improving passenger convenience.

Major ATC market vendors include Thales (France), Bombardier (Canada), Toshiba (Japan), Alstom (France), Tech Mahindra (India), WSP (Canada), Cisco (US), Hitachi (Japan), GE (US), and Siemens (Germany). These players have adopted various growth strategies, such as partnerships, agreements, and collaborations; and product launches, to further expand their presence in the global ATC market. Partnerships and agreements have been the most adopted by the major players from 2016 to 2018, which helped them innovate their offerings and broaden their customer base.

To know about the assumptions considered for the study download the pdf brochure

Alstom is one of the prominent providers of solutions for passenger transportation, signaling, and control systems for locomotives. Alstom’s ATO is a control system solution, which enables the railway operators by controlling the train speed and monitoring driving regularity. Alstom focuses on inorganic business strategies, such as agreements and partnerships. For instance, in April 2018, Alstom signed an agreement with RATP to provide the ATO system. Alstom would provide the onboard system, which carries out ATO while its radio system transmits data between the train and the ground.

Bombardier is a leading vendor in the ATC market. The company focuses on developing an enhanced product portfolio for the emerging markets and expanding its local footprints. It forged strategic partnerships and alliances with the regional, local players to cater to the market and enter the local industry. The strategic intent of the company is to expand its ATC systems, integrated control systems, computer, relay-based interlocking systems, radio-based rail control and signaling systems, electrical and mechanical systems, and CBTC solution portfolio. Bombardier, in the ATC market, offers the CITYFLO solution, which provides a full range of ATC technologies and operating modes for all urban operations from trams to light rail vehicles, monorails, and high-capacity metros.

Related Reports:

Automatic Train Control Market by Automation (GoA 1, GoA 2, GoA 3, GoA 4), Service (Consulting, Integration & Deployment), Train Type (Urban (Metro & High-Speed Trains), Mainline (Passenger & Freight Trains)), and Region - Global Forecast to 2023

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
TC 6974
RI Published ON
3/11/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Automatic Train Control Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved