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Autonomous Train Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 147 pages | ID: A650CA7FBDEEEN
IMARC Group

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The global autonomous train market size reached US$ 8.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

Autonomous trains are driverless mass-transit locomotives that are monitored from the control station and operated automatically without any human intervention. Some of the commonly used autonomous passenger and freight trains include metros, monorails, light rails and high-speed rail or bullet trains. They are managed through stations that control the arrival, departure, movement, and automatic halting of the trains. Autonomous trains consist of an odometer, tachometer, radio set, camera, and accelerometer. In comparison to manually controlled trains, autonomous trains have improved acceleration capabilities, enhanced system efficiency, and reduced ongoing operational costs while providing consistent train speed and safety.

Autonomous Train Market Trends:
The increasing electrification and automation of the transportation industry is one of the key factors driving the growth of the market. Autonomous trains are integrated with advanced systems that provide improved control over stopping, departure and movement of the locomotive between stations. They also offer automatic and sensor-based opening and closing of doors to enhance passenger safety and convenience. Moreover, the rising demand for safe, secure, and efficient transport systems is providing a thrust to the market growth. Autonomous trains run on ground and underground levels and are highly secured by walls and fences to prevent trespassing and fatalities. Additionally, various technological advancements, such as the integration of the Internet of Things (IoT) and artificial intelligence (AI) solutions with railway systems, are favoring the market growth. These technologies aid in improving the overall operational efficiency and maintaining freight operations and systems. In line with this, the widespread adoption of communications-based train control (CBTC) technology to reduce the time intervals between trains is positively impacting the market growth. Other factors, including the implementation of various government initiatives to improve public transportation systems, along with rising environment consciousness among the masses, are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global autonomous train market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, train type, automation grade, technology and application.

Breakup by Component:

Camera
Accelerometer
Odometer
Tachometer
Radio set
Others

Breakup by Train Type:

Metro/Monorail
Light Rail
High-Speed Rail/Bullet Train

Breakup by Automation Grade:

GoA 1
GoA 2
GoA 3
GoA 4

Breakup by Technology:

CBTC
ERTMS
ATC
PTC

Breakup by Application:

Passenger Train
Freight Train

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Alstom SA, Belden Inc., Bombardier Inc., CAF Construcciones y Auxiliar de Ferrocarriles S.A., CRRC Corporation Limited, General Electric Company, Hitachi Ltd., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., Siemens AG, and Thales Group.

Key Questions Answered in This Report
1. What was the size of the global autonomous train market in 2022?
2. What is the expected growth rate of the global autonomous train market during 2023-2028?
3. What are the key factors driving the global autonomous train market?
4. What has been the impact of COVID-19 on the global autonomous train market?
5. What is the breakup of the global autonomous train market based on the automation grade?
6. What is the breakup of the global autonomous train market based on the technology?
7. What is the breakup of the global autonomous train market based on the application?
8. What are the key regions in the global autonomous train market?
9. Who are the key players/companies in the global autonomous train market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL AUTONOMOUS TRAIN MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1 Camera
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Accelerometer
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Odometer
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Tachometer
  6.4.1 Market Trends
  6.4.2 Market Forecast
6.5 Radio set
  6.5.1 Market Trends
  6.5.2 Market Forecast
6.6 Others
  6.6.1 Market Trends
  6.6.2 Market Forecast

7 MARKET BREAKUP BY TRAIN TYPE

7.1 Metro/Monorail
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Light Rail
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 High-Speed Rail/Bullet Train
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY AUTOMATION GRADE

8.1 GoA
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 GoA
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 GoA
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 GoA
  8.4.1 Market Trends
  8.4.2 Market Forecast

9 MARKET BREAKUP BY TECHNOLOGY

9.1 CBTC
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 ERTMS
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 ATC
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4 PTC
  9.4.1 Market Trends
  9.4.2 Market Forecast

10 MARKET BREAKUP BY APPLICATION

10.1 Passenger Train
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Freight Train
  10.2.1 Market Trends
  10.2.2 Market Forecast

11 MARKET BREAKUP BY REGION

11.1 North America
  11.1.1 United States
    11.1.1.1 Market Trends
    11.1.1.2 Market Forecast
  11.1.2 Canada
    11.1.2.1 Market Trends
    11.1.2.2 Market Forecast
11.2 Asia-Pacific
  11.2.1 China
    11.2.1.1 Market Trends
    11.2.1.2 Market Forecast
  11.2.2 Japan
    11.2.2.1 Market Trends
    11.2.2.2 Market Forecast
  11.2.3 India
    11.2.3.1 Market Trends
    11.2.3.2 Market Forecast
  11.2.4 South Korea
    11.2.4.1 Market Trends
    11.2.4.2 Market Forecast
  11.2.5 Australia
    11.2.5.1 Market Trends
    11.2.5.2 Market Forecast
  11.2.6 Indonesia
    11.2.6.1 Market Trends
    11.2.6.2 Market Forecast
  11.2.7 Others
    11.2.7.1 Market Trends
    11.2.7.2 Market Forecast
11.3 Europe
  11.3.1 Germany
    11.3.1.1 Market Trends
    11.3.1.2 Market Forecast
  11.3.2 France
    11.3.2.1 Market Trends
    11.3.2.2 Market Forecast
  11.3.3 United Kingdom
    11.3.3.1 Market Trends
    11.3.3.2 Market Forecast
  11.3.4 Italy
    11.3.4.1 Market Trends
    11.3.4.2 Market Forecast
  11.3.5 Spain
    11.3.5.1 Market Trends
    11.3.5.2 Market Forecast
  11.3.6 Russia
    11.3.6.1 Market Trends
    11.3.6.2 Market Forecast
  11.3.7 Others
    11.3.7.1 Market Trends
    11.3.7.2 Market Forecast
11.4 Latin America
  11.4.1 Brazil
    11.4.1.1 Market Trends
    11.4.1.2 Market Forecast
  11.4.2 Mexico
    11.4.2.1 Market Trends
    11.4.2.2 Market Forecast
  11.4.3 Others
    11.4.3.1 Market Trends
    11.4.3.2 Market Forecast
11.5 Middle East and Africa
  11.5.1 Market Trends
  11.5.2 Market Breakup by Country
  11.5.3 Market Forecast

12 SWOT ANALYSIS

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 VALUE CHAIN ANALYSIS

14 PORTERS FIVE FORCES ANALYSIS

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 PRICE ANALYSIS

16 COMPETITIVE LANDSCAPE

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
  16.3.1 ABB Ltd.
    16.3.1.1 Company Overview
    16.3.1.2 Product Portfolio
    16.3.1.3 Financials
    16.3.1.4 SWOT Analysis
  16.3.2 Alstom SA
    16.3.2.1 Company Overview
    16.3.2.2 Product Portfolio
    16.3.2.3 Financials
    16.3.2.4 SWOT Analysis
  16.3.3 Belden Inc.
    16.3.3.1 Company Overview
    16.3.3.2 Product Portfolio
    16.3.3.3 Financials
    16.3.3.4 SWOT Analysis
  16.3.4 Bombardier Inc.
    16.3.4.1 Company Overview
    16.3.4.2 Product Portfolio
    16.3.4.3 Financials
    16.3.4.4 SWOT Analysis
  16.3.5 CAF Construcciones y Auxiliar de Ferrocarriles S.A.
    16.3.5.1 Company Overview
    16.3.5.2 Product Portfolio
    16.3.5.3 Financials
  16.3.6 CRRC Corporation Limited
    16.3.6.1 Company Overview
    16.3.6.2 Product Portfolio
    16.3.6.3 Financials
  16.3.7 General Electric Company
    16.3.7.1 Company Overview
    16.3.7.2 Product Portfolio
    16.3.7.3 Financials
    16.3.7.4 SWOT Analysis
  16.3.8 Hitachi Ltd.
    16.3.8.1 Company Overview
    16.3.8.2 Product Portfolio
    16.3.8.3 Financials
    16.3.8.4 SWOT Analysis
  16.3.9 Kawasaki Heavy Industries Ltd.
    16.3.9.1 Company Overview
    16.3.9.2 Product Portfolio
    16.3.9.3 Financials
    16.3.9.4 SWOT Analysis
  16.3.10 Mitsubishi Heavy Industries Ltd.
    16.3.10.1 Company Overview
    16.3.10.2 Product Portfolio
    16.3.10.3 Financials
    16.3.10.4 SWOT Analysis
  16.3.11 Siemens AG
    16.3.11.1 Company Overview
    16.3.11.2 Product Portfolio
    16.3.11.3 Financials
    16.3.11.4 SWOT Analysis
  16.3.12 Thales Group
    16.3.12.1 Company Overview
    16.3.12.2 Product Portfolio
    16.3.12.3 Financials
    16.3.12.4 SWOT Analysis

LIST OF TABLES

Table 1: Global: Autonomous Train Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Autonomous Train Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Autonomous Train Market Forecast: Breakup by Train Type (in Million US$), 2023-2028
Table 4: Global: Autonomous Train Market Forecast: Breakup by Automation Grade (in Million US$), 2023-2028
Table 5: Global: Autonomous Train Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 6: Global: Autonomous Train Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 7: Global: Autonomous Train Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Autonomous Train Market: Competitive Structure
Table 9: Global: Autonomous Train Market: Key Players

LIST OF FIGURES

Figure 1: Global: Autonomous Train Market: Major Drivers and Challenges
Figure 2: Global: Autonomous Train Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Autonomous Train Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Autonomous Train Market: Breakup by Component (in %), 2022
Figure 5: Global: Autonomous Train Market: Breakup by Train Type (in %), 2022
Figure 6: Global: Autonomous Train Market: Breakup by Automation Grade (in %), 2022
Figure 7: Global: Autonomous Train Market: Breakup by Technology (in %), 2022
Figure 8: Global: Autonomous Train Market: Breakup by Application (in %), 2022
Figure 9: Global: Autonomous Train Market: Breakup by Region (in %), 2022
Figure 10: Global: Autonomous Train (Camera) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Autonomous Train (Camera) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Autonomous Train (Accelerometer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Autonomous Train (Accelerometer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Autonomous Train (Odometer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Autonomous Train (Odometer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Autonomous Train (Tachometer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Autonomous Train (Tachometer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Autonomous Train (Radio set) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Autonomous Train (Radio set) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Autonomous Train (Other Components) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Autonomous Train (Other Components) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Autonomous Train (Metro/Monorail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Autonomous Train (Metro/Monorail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Autonomous Train (Light Rail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Autonomous Train (Light Rail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Autonomous Train (High-Speed Rail/Bullet Train) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Autonomous Train (High-Speed Rail/Bullet Train) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Autonomous Train (GoA 1) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Autonomous Train (GoA 1) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Autonomous Train (GoA 2) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Autonomous Train (GoA 2) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Autonomous Train (GoA 3) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Autonomous Train (GoA 3) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Autonomous Train (GoA 4) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Autonomous Train (GoA 4) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Autonomous Train (CBTC) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Autonomous Train (CBTC) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Autonomous Train (ERTMS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Autonomous Train (ERTMS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Autonomous Train (ATC) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Autonomous Train (ATC) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Autonomous Train (PTC) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Autonomous Train (PTC) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Autonomous Train (Passenger Train) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Autonomous Train (Passenger Train) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: Autonomous Train (Freight Train) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Autonomous Train (Freight Train) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: North America: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: North America: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: United States: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United States: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Canada: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Canada: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Asia-Pacific: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Asia-Pacific: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: China: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: China: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Japan: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Japan: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: India: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: India: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: South Korea: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: South Korea: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Australia: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Australia: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Indonesia: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Indonesia: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Europe: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Europe: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Germany: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Germany: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: France: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: France: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: United Kingdom: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: United Kingdom: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Italy: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Italy: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Spain: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Spain: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Russia: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Russia: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Latin America: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Latin America: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Brazil: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Brazil: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Mexico: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Mexico: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Others: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Others: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Middle East and Africa: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 95: Middle East and Africa: Autonomous Train Market: Breakup by Country (in %), 2022
Figure 96: Middle East and Africa: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 97: Global: Autonomous Train Industry: SWOT Analysis
Figure 98: Global: Autonomous Train Industry: Value Chain Analysis
Figure 99: Global: Autonomous Train Industry: Porter's Five Forces Analysis


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