Train Dispatching Market

Market Leader - Train Dispatching Market

The global train dispatching market is projected to grow from USD 942 million in 2022 to USD 1,391 million by 2027, registering a CAGR of 8.1%. train dispatching has evolved as an efficient means of managing dispatch units and reporting & analysis. The train dispatching market is witnessing demand from verticals worldwide due to the increasing need for public safety and the evolution of communication technology and connected devices. To gain a competitive advantage in the train dispatching market, organizations emphasize upgrading and enhancing their offerings to explore the mature market and the potential opportunities in new avenues. Most train dispatching systems can incorporate information from the following systems: records management system (RMS), general information sheet (GIS), automatic vehicle locator (AVL), and caller ID. RMS provides data relevant to the current service call. GIS provides geographical and geospatial data. AVL pinpoints the location of response vehicles, allowing the train dispatching system to help determine the most suitable unit for a response.

Dispatching trains is a complex and demanding process. Normally, in an eight-hour shift, a train dispatcher will control about 20 to 30 trains, most of which operate over single tracks. Therefore, the dispatcher must arrange opposing trains to meet at passing sidings. The dispatcher must also safely coordinate the movements of roadway maintenance gangs, signal maintenance crews, and others. In addition, federal law requires that the dispatcher maintain a ‘train sheet,’ which records train operating and delay statistics. The train dispatcher also coordinates with other dispatchers, exchanging information about the operation of the dispatcher’s territory.

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Hitachi Rail Ltd. specializes in designing, manufacturing, and maintaining rail-related products such as trains, locomotives, passenger cars, signaling and communication systems, and rail infrastructure. The company has a strong geographic presence in 38 countries, with multiple government agencies and train operators. It focuses on inorganic growth through acquisitions and partnerships in the train dispatching market for railways, such as the acquisition of Thales Group’s Ground Transportation Systems (France) in August 2021 to strengthen its Mobility As A Service (MaaS) business segment and joint venture with Alstom SA (France) in December 2021 to increase their market share in train dispatching and intelligent transportation systems for railways.

Siemens AG is a global mobility and transportation solutions leader, using automation and digitalization expertise to innovate its digital rail portfolio. The company offers products and services, such as rail vehicles, rail automation, and asset management services, to provide unrivaled value-added benefits. Its mobility division addresses the need for state-of-the-art, interconnected, and IT-based mobility solutions in the rail industry. The company has a strong R&D facility and spent over USD 5 billion in research and development in 2021. As part of its corporate strategy, Siemens AG focuses on inorganic growth strategies such as acquisitions to achieve its long-term business goals in the train dispatching market. For example, in August 2021, the company acquired one of the leading rail software providers to advance its strategy to increase public transportation’s availability, capacity, and utilization.

Motorola Solutions Inc. is a leading supplier of communication and data systems for the railway industry. The company offers a range of products such as TETRA, LTE-R, and DMR systems, as well as devices like two-way radios and smartphones. It has a long history of successful deployments of communication and data systems for railways, with over 120 projects in the Asia Pacific alone. They have a strong global presence, with a network of sales and service centers and partnerships with local distributors in key markets worldwide. It is known for its innovative solutions, such as its WAVE push-to-talk over cellular service, allowing seamless communication between devices and networks. These factors make Motorola Solutions Inc. a strong player in the train dispatching market.

Alstom SA is a prominent player in the railway industry, providing solutions for passenger transportation, signaling, and control systems for locomotives. It offers digital mobility solutions for asset optimization, connectivity, digital passenger solutions, security, and city mobility in the train dispatching market. The company has adopted inorganic growth strategies such as agreements, contracts, and acquisitions to maintain its leading position in the market. For example, in November 2021, the company acquired Shunter (Netherlands), one of the leading services companies, which has helped improve the maintenance services offered by the company.

Furthermore, Alstom SA has been awarded various global contracts, such as Metro de Santiago (Chile), Deutsche Bahn AG (Germany), Nanjing Metro (China), Maha Metro Rail Corporation Ltd (MMRCL) (India), and Renfe (Spain). These contracts would help the company enhance its global business and maintain its position as one of the leaders in the railway industry. The company has also teamed up with The CoSMo Company (France) to develop an enhanced solution for rail system operators to enable them with improved asset management.

Wabtec Corporation has the potential to become an industry leader in the train dispatching market. The company offers advanced and innovative products and services such as GoLlNCTM Platform, RailConnect 360@ Dispatch System, ONtimeS Crew Management System, ONtrack@ Locomotive Management System, and Train Performance Monitoring System. These products and services provide rail operators with real-time visibility and control over their operations and tools and services for managing assets, optimizing schedules, and improving performance.

The company focuses on organic and inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations. For example, Wabtec Corporation partnered with Nordco, Inc. (US) in March 2021 to modernize its connected rail solutions, including train dispatching systems for railways. The company is also focusing on expansion in the European region by opening a new transit performance optimization center (TPOC) in August 2022 in the UK and Latin American through partnerships and acquisitions. These strategic expansion methods will ensure future revenue streams for the company leading it to become a market leader in the train dispatching market.

Related Reports:

Train Dispatching Market by Railroad Type (Dedicated Freight Railroad, Dedicated Passenger Railroad, Mixed Railroad, Regional & Shortline), Offering (Solution, Service), Application, Deployment Model and Region - Global Forecast to 2027

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Train Dispatching Market Size,  Share & Growth Report
Report Code
AT 8560
RI Published ON
1/17/2023
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