DUBLIN, October 23, 2017 /PRNewswire/ --
The "TCMS Market by Train Control Solution (PTC, CBTC & Integrated Train Control), Component (Vehicle Control Unit, Mobile Communication Gateway & HMI), Connectivity (GSM-R, Wi-Fi, TETRA), Train Type (EMU, DMU, Metro) & Region - Forecast to 2022" report has been added to Research and Markets' offering.
The Train Control and Management System (TCMS) market is estimated to be USD 2.26 Billion in 2016 and is projected to reach USD 3.58 Billion by 2022, at a CAGR of 8.02%
Public transportation offers a range of benefits over private conveyance due to rising concerns about greenhouse gas emissions, fluctuating fuel prices, and traffic congestion. The increasing demand for a high-speed rail transit network is expected to boost the market for TCMS. The TCMS market is also driven by growing population and urbanization in developing countries such as India and China and increasing availability of high-speed communication systems. Further, TCMS increases the efficiency and reliability of trains and shortens their response time by automating the operations of the train and its subsystem and passenger safety. These factors are expected to drive the global TCMS market during the forecast period.
The global TCMS market is segmented by component into vehicle control unit, mobile communication gateway, human machine interface, and others. The mobile communication gateway segment is projected to grow at the fastest rate during the forecast period. The demand for automation and fastest connectivity is increasing in the railway industry, which in turn is expected to drive the market for mobile communication gateway during the forecast period. Furthermore, the mobile communication gateway market is expected to be driven by the growing demand for new communication technologies such as LTE-R and satellite.
The TCMS market is dominated by players such as ALSTOM SA (France), Siemens AG (Germany), and Bombardier Inc. (Canada). ALSTOM SA (France) is one of the leading players in the TCMS market. The company has a wide product portfolio and strong customer base in Asia Oceania and Europe.
- Population Growth & Urbanization to Fuel the Advancements in the Rail Industry
- Availability of High-Speed Communication Systems
- Development of Light Rail Transit
- High Infrastructural & Maintenance Costs
- Lack of Interoperability
- Increasing Demand for Tcms-Equipped Rolling Stocks in Emerging Markets
- Integration of New Train Control Systems
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 TCMS Market, By Train Type & Region
7 TCMS Market, By Component & Region
8 TCMS Market, By Connectivity & Region
9 Train Control Solution Market, By Type & Region
10 Competitive Landscape
11 Company Profiles
- Amaronia Rail Ltd.
- Aselsan A. S.
- China Railway Signal & Communication Corporation Limited (Crsc)
- Deuta-Werke Gmbh
- Eke Finance Ltd.
- Hitachi Ltd.
- Huber + Suhner
- Knorr Bremse Ag
- Leroy Automation
- Medha Servo Drives Private Ltd.
- Men Mikro Elektronik Sas
- Mitsubishi Electric Corporation
- Quester Tangent
- Rockwell Collins Inc.
- Siemens Ag
- Tech Mahindra
- Thales Group
- Toshiba Corporation
- Wabtec Corporation
For more information about this report visit https://www.researchandmarkets.com/research/nfsbsq/tcms_market_by
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SOURCE Research and Markets