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Global Communication-Based Train Control Market Size study & Forecast, by Train Type (Passenger Rail, Freight Rail), by Automation Grade (GoA 1, GoA 2, GoA 3, GoA 4) and Regional Analysis, 2023-2030

April 2024 | 200 pages | ID: G4DBA1FC9000EN
Bizwit Research & Consulting LLP

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Global Communication-Based Train Control Market is valued approximately at USD 7.46 billion in 2022 and is anticipated to grow with a growth rate of more than 8.7% over the forecast period 2023-2030. Communication-based Train Control (CBTC), an advanced signaling system in the railway industry, governs and manages train operations in a manner distinct from conventional systems. It relies heavily on continuous communication between trains and the infrastructure adjacent to the tracks. Its primary objective is to optimize the effectiveness, safety, and capacity of train operations in railway networks. The cornerstone of this system lies in the perpetual exchange of information between trains and wayside equipment, facilitating immediate supervision, and control of trains. Utilizing a combination of radio, wireless networks, and intricate signaling algorithms, communication-based train control system ensures secure train spacing and precise speed regulation and maximizes track utilization. The Communication-Based Train Control market is expanding because of factors such as Increasing urbanization and population expansion, rising government initiatives and investment for railway infrastructure development, rising technological advancement.

Communication-Based Train Control technology facilitates the effective management of train movements, ensuring safety, optimizing routes, and coordinating with other trains within the network. Furthermore, the increasing government investment in the enhancement of railway infrastructure are expected to drive the demand for freight wagons in the coming years. As an illustration, in December 2022, the Indian government announced plans to acquire 90,000 freight wagons within three years, designed for the transportation of coal, cement, and food grains, with a substantial investment of USD 3,746 million. Additionally, in October 2023, the European Commission revealed a grant of USD 13.01 million for the EIB Global’s project, focused on the rehabilitation and modernization of two crucial sections of railway lines in the Republic of Moldova. Complemented by an anticipated loan of USD 45.53 million from EIB Global, this upgraded railway infrastructure initiative is poised to significantly boost market growth. In addition, increased focus on rail safety and rising research and development activities are creating new opportunities for the market growth. However, high initial investment and stringent safety and regulatory standards stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Communication-Based Train Control Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share. The region is witnessing largest growth owing to substantial investments in the expansion and modernization of their urban transit systems. Communication-Based Train Control (CBTC) systems are particularly well-suited for efficiently managing intricate and densely populated urban rail networks, rendering them the preferred choice for transit authorities. The commitment of supportive government agencies and transit authorities in North America involves allocating resources to enhance transportation infrastructure, particularly in the realm of rail systems. The anticipated funding and backing from these government entities are poised to play a pivotal role in ensuring the successful implementation of CBTC projects. Asia Pacific is expected to grow at a fastest rate during the forecast period, European nations are escalating their investment in the modernization and enhancement of their rail infrastructure. The incorporation of advanced train control technologies, such as CBTC, stands as a crucial element within these modernization endeavors. The improvement of signaling and control systems plays a pivotal role in elevating safety measures, augmenting capacity, and boosting operational efficiency. Numerous European cities are actively expanding and upgrading their metro and subway networks to address the growing demand for urban transportation systems.

Major market player included in this report are:

Wabtec Corporation

Hitachi Rail Limited

Cisco Systems, Inc.

Siemens Mobility

Alstom SA

Nokia Corporation

Huawei Technologies Co., Ltd

Belden Inc.

Thales Group

Network Rail Limited

Recent Developments in the Market:
  • In November 2023, Alstom revealed its plans to implement an advanced CBTC signaling system on the Paris network. Securing a contract valued at around USD 327 million, the company is set to design and implement the NExTEO signaling system for the rapid transit network and hybrid rail in France.
  • In September 2023, Bharat Electronics Limited (BEL) forged a collaboration with the Delhi Metro Corporation with the objective of creating an indigenous CBTC system to enhance rail transportation in India. The joint effort is geared towards cost reduction and promoting self-reliance in the domain of train control signalling systems.
Global Communication-Based Train Control Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered – Train Type, Automation Grade, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Train Type:

Passenger Rail

Freight Rail

By Automation Grade:

GoA 1

GoA 2

GoA 3

GoA 4

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Communication-Based Train Control Market, by region, 2020-2030 (USD Billion)
  1.2.2. Communication-Based Train Control Market, by Train Type, 2020-2030 (USD Billion)
  1.2.3. Communication-Based Train Control Market, by Automation Grade, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL COMMUNICATION-BASED TRAIN CONTROL MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL COMMUNICATION-BASED TRAIN CONTROL MARKET DYNAMICS

3.1. Communication-Based Train Control Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Increasing urbanization and population expansion
    3.1.1.2. Rising government initiatives and investment for railway infrastructure development
    3.1.1.3. Rising technological advancement.
  3.1.2. Market Challenges
    3.1.2.1. High initial investment
    3.1.2.2. Stringent safety regulatory standards
  3.1.3. Market Opportunities
    3.1.3.1. Increased focus on rail safety
    3.1.3.2. Rising research and development activities

CHAPTER 4. GLOBAL COMMUNICATION-BASED TRAIN CONTROL MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economic
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL COMMUNICATION-BASED TRAIN CONTROL MARKET, BY TRAIN TYPE

5.1. Market Snapshot
5.2. Global Communication-Based Train Control Market by Train Type, Performance - Potential Analysis
5.3. Global Communication-Based Train Control Market Estimates & Forecasts by Train Type 2020-2030 (USD Billion)
5.4. Communication-Based Train Control Market, Sub Segment Analysis
  5.4.1. Passenger Rail
  5.4.2. Freight Rail

CHAPTER 6. GLOBAL COMMUNICATION-BASED TRAIN CONTROL MARKET, BY AUTOMATION GRADE

6.1. Market Snapshot
6.2. Global Communication-Based Train Control Market by Automation Grade, Performance - Potential Analysis
6.3. Global Communication-Based Train Control Market Estimates & Forecasts by Automation Grade 2020-2030 (USD Billion)
6.4. Communication-Based Train Control Market, Sub Segment Analysis
  6.4.1. GoA
  6.4.2. GoA
  6.4.3. GoA
  6.4.4. GoA

CHAPTER 7. GLOBAL COMMUNICATION-BASED TRAIN CONTROL MARKET, REGIONAL ANALYSIS

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Communication-Based Train Control Market, Regional Market Snapshot
7.4. North America Communication-Based Train Control Market
  7.4.1. U.S. Communication-Based Train Control Market
    7.4.1.1. Train Type breakdown estimates & forecasts, 2020-2030
    7.4.1.2. Automation Grade breakdown estimates & forecasts, 2020-2030
  7.4.2. Canada Communication-Based Train Control Market
7.5. Europe Communication-Based Train Control Market Snapshot
  7.5.1. U.K. Communication-Based Train Control Market
  7.5.2. Germany Communication-Based Train Control Market
  7.5.3. France Communication-Based Train Control Market
  7.5.4. Spain Communication-Based Train Control Market
  7.5.5. Italy Communication-Based Train Control Market
  7.5.6. Rest of Europe Communication-Based Train Control Market
7.6. Asia-Pacific Communication-Based Train Control Market Snapshot
  7.6.1. China Communication-Based Train Control Market
  7.6.2. India Communication-Based Train Control Market
  7.6.3. Japan Communication-Based Train Control Market
  7.6.4. Australia Communication-Based Train Control Market
  7.6.5. South Korea Communication-Based Train Control Market
  7.6.6. Rest of Asia Pacific Communication-Based Train Control Market
7.7. Latin America Communication-Based Train Control Market Snapshot
  7.7.1. Brazil Communication-Based Train Control Market
  7.7.2. Mexico Communication-Based Train Control Market
7.8. Middle East & Africa Communication-Based Train Control Market
  7.8.1. Saudi Arabia Communication-Based Train Control Market
  7.8.2. South Africa Communication-Based Train Control Market
  7.8.3. Rest of Middle East & Africa Communication-Based Train Control Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Wabtec Corporation
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Recent Developments
  8.3.2. Hitachi Rail Limited
  8.3.3. Cisco Systems, Inc.
  8.3.4. Siemens Mobility
  8.3.5. Alstom SA
  8.3.6. Nokia Corporation
  8.3.7. Huawei Technologies Co., Ltd
  8.3.8. Belden Inc.
  8.3.9. Thales Group
  8.3.10. Network Rail Limited

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Communication-Based Train Control Market, report scope
TABLE 2. Global Communication-Based Train Control Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Communication-Based Train Control Market estimates & forecasts by Train Type 2020-2030 (USD Billion)
TABLE 4. Global Communication-Based Train Control Market estimates & forecasts by Automation Grade 2020-2030 (USD Billion)
TABLE 5. Global Communication-Based Train Control Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Communication-Based Train Control Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Communication-Based Train Control Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Communication-Based Train Control Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Communication-Based Train Control Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Communication-Based Train Control Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Communication-Based Train Control Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Communication-Based Train Control Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Communication-Based Train Control Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Communication-Based Train Control Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Communication-Based Train Control Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Communication-Based Train Control Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Communication-Based Train Control Market
TABLE 70. List of primary sources, used in the study of global Communication-Based Train Control Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Communication-Based Train Control Market, research methodology
FIG 2. Global Communication-Based Train Control Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Communication-Based Train Control Market, key trends 2022
FIG 5. Global Communication-Based Train Control Market, growth prospects 2023-2030
FIG 6. Global Communication-Based Train Control Market, porters 5 force model
FIG 7. Global Communication-Based Train Control Market, pest analysis
FIG 8. Global Communication-Based Train Control Market, value chain analysis
FIG 9. Global Communication-Based Train Control Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Communication-Based Train Control Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Communication-Based Train Control Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Communication-Based Train Control Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Communication-Based Train Control Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Communication-Based Train Control Market, regional snapshot 2020 & 2030
FIG 15. North America Communication-Based Train Control Market 2020 & 2030 (USD Billion)
FIG 16. Europe Communication-Based Train Control Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Communication-Based Train Control Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Communication-Based Train Control Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Communication-Based Train Control Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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