Autonomous Train Market

Alstom (France) and Siemens (Germany) are the Prominent Players in the Autonomous Train Market

The autonomous train market is projected to grow at a CAGR of 4.87% during the forecast period, to reach 106,290 units by 2030. The key growth driver for the market is the rise in demand for safety, security, and efficient mode of transportation across the globe. Also, the increase in government budget allocation for mass and efficient mode of transportation would drive the market for autonomous train.

Recent years have seen an increasing number of rail accidents across the globe that have resulted in casualties and infrastructure damage. These accidents have added the cost burden on the government to rebuild infrastructure. These concerns have accentuated the need for safety systems to protect the train and passengers. Various manufacturers have therefore developed advanced technologies to provide a safe and efficient mode of transportation.

Supply contracts are the key strategy adopted by major players to gain traction in the autonomous train market. In January 2018, Alstom received a supply contract worth USD 13.6 million from the Government of Brazil to modify the signaling and control systems in Line 9 of Sao Paulo metro. In September 2017, Siemens received a supply contract from Wiener Linien for delivering 34 driverless trains. The contract is worth USD 621.5 million, and the delivery of trains would begin in 2020.

The second most widely followed strategy by market players is new product developments and expansions. In November 2017, Alstom presented its latest technology, namely, Alstom Digital Mobility at the Smart Mobility World Congress held in Barcelona. This technology would help to ensure that railway systems become highly integrated and efficient for transport operators and increasingly attractive for passengers.

Alstom (France) is one of the key players in the autonomous train market. The company is primarily engaged in the manufacturing of trains and components of the train. Alstom has a presence in 60 countries and serves over 200 customers, worldwide. Its major customers include the Swiss Federal Railways (Switzerland), Transport of Mexico (Mexico), Delhi Metro (India), Chennai Metro (India), and Mumbai Metro (India). It not only offers driverless train components but fully operational driverless trains in the market.

Another important player in the autonomous train market is Siemens, a German-based engineering conglomerate. It offers trams, light rails, metros, commuter and regional trains, passenger coaches, automated people movers, and components and systems. It carries out rail automation and rail electrification and offers rail services as well as complete rail solutions through its mobility business unit. In 2017, Siemens entered into a partnership with Alstom to combine the mobility business of the company with Alstom. It also included rail traction drives business of Siemens. The two companies have a 50% share each in this partnership. This partnership is expected to enable the two companies to cater to the requirements of the global rail industry.

In addition to Alstom (France) and Siemens (Germany), Bombardier (Canada), Hitachi (Japan), Kawasaki Heavy Industries (Japan), General Electric (US), Thales Group (France), Mitsubishi Heavy Industries (Japan), CRRC (China), ABB (Switzerland), CAF (Spain), and CalAmp (US) are the prominent players in the autonomous train market.

Related Reports:

Autonomous Train Market by Level of Automation (GOA1, GOA2, GOA3, GOA4), Technology (CBTC, ERTMS, ATC, PTC), Application, Component (Antenna, Camera), Train Type (Metro, Light Rail, Bullet Train/HSR), Track Length, and Region - Global Forecast to 2030

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

Report Code
AT 6300
RI Published ON
5/22/2018
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 Autonomous Train 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