Global Autonomous Trains Components Market
Posted by manisha on December 19th, 2020
Global Autonomous Trains Components Market was valued USD XX Bn in 2019 and is expected to reach US$ XX Bn by 2026, at CAGR of 13.5 % during forecast period of 2019 to 2026.
Autonomous trains is a highly sophisticated technology, which offers a significant reduction in pollution. In autonomous railway transport systems, governments and companies around the world are concentrating on the development of autonomous trains.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global Autonomous Trains Components Market Drivers and Restrains:
Increasing demand of automation in trains is likely to boost the autonomous train’s components market during the forecast period. Presently, autonomous train operations and controls are monitored automatically, without any human involvement. Autonomous trains have various components, such as electronic appliances, onboard computer systems and GPS trackers. The data is collected from various sensors, which is monitored in control rooms allowing the autonomous system to make an informed decision. Since, factors regarding safety and convenience are considered by companies and government all over the globe on adoption of automation in trains. Autonomous trains components are expected to witness significant growth because of their wide variety of applications, which includes subway, metros, and monorails.
Manufacturers in the Autonomous Trains Components are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological innovations are also the key focus areas of the manufacturers.
Global Autonomous Trains Components Market Segmentation Analysis:
Global Autonomous Trains Components Market Segmentation Based on components, the LiDAR module segment is dominated. The LiDAR module is a key component of the autonomous train, which does the function of recognizing objects or obstacles. Special importance of governments on safety and economical mode of transportation, in order to provide the demand for efficient transportation, is boosting the autonomous train components market with more reliable and superior components.
Global Autonomous Trains Components Market Regional Analysis:
In terms of region, Asia Pacific is dominant in autonomous train’s components market because of the higher rate of adoption of autonomous trains and high government support. The market in Europe and Middle East Africa is projected to expand at a CAGR of XX% during the forecast period.
The objective of the report is to present comprehensive analysis of Global Autonomous Trains Components Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Global Autonomous Trains Components Market dynamics, structure by analyzing the market segments, and project the Global Autonomous Trains Components Market size. Clear representation of competitive analysis of key players by Autonomous Trains Components Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Autonomous Trains Components Market make the report investor’s guide.
Scope of the Global Autonomous Trains Components Market:
Global Autonomous Trains Components Market, by Train Type:
• Long Distance Trains
• Suburban
• Tram
• Monorail
• Subway/Metro
Global Autonomous Trains Components Market, by Component:
• RADAR Module
• Optical sensor and camera
• Odometer
• Antenna
• LiDAR Module
• Infrared camera
• Others
Global Autonomous Trains Components Market, by Grade:
• GoA1 + GoA2
• GoA3
• GoA4
Global Autonomous Trains Components Market, by Region:
• Asia Pacific
• North America
• Europe
• Latin America
• Middle East Africa
Global Autonomous Trains Components Market, Major Players:
• Avery Dennison
• Thales Group
• Alstom S.A.
• Hitachi Ltd.
• Bombardier Transportation
• Ansaldo STS
• SIEMENS AG
• Mitsubishi Electric
• CRRC Corporation Limited
• ABB,
• General Electric
• Kawasaki Heavy Industries
• A&J Electrical Services Limited
• AGICO
• Phoenix Engine Company
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