Automatic Train Control Market Research Report, Share, and Forecast to 2025Posted by rekha on September 23rd, 2019 The global automatic train control market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Emerging trend of smart cities, population explosion and hyper urbanization, technological advancement, continuous research and development in the field of automation technology, development of semi-autonomous and autonomous trains are some key factors influencing the market growth. However, factors such as high deployment cost of ATC Solutions and complexities in integrating ATC solutions with legacy systems are hampering the market growth. In addition, favorable government support provides huge growth opportunity for the market. Global automatic train control market segmented on the basis of automation, service, train type and region. For request sample : https://www.precisionbusinessinsights.com/request-sample?product_id=37396 Mainline dominate the Global Automatic Train Control Market Based on train type, global automatic train control market segmented mainline and urban. Mainline held considerable market growth during estimated period. The main line, or mainline of a railway is a track that is used for through trains or is the principal artery of the system from which branch lines, yards, sidings and spurs are connected.Main line tracks are typically operated at higher speeds than branch lines and are generally built and maintained to a higher standard than yards and branch lines. Main lines may also be operated under shared access by a number of railway companies, with sidings and branches operated by private companies or single railway companies. North America Leads the Global Automatic Train Control market
PBI’s global automatic train control market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis.North America accounted for larger revenue share in global automatic train control market with considerable CAGR due to strong financial position of this region, early adoption of technologies and the globalization of shared services in the region and increasing number of projects focused on upgrading and constructing freight infrastructures. Moreover, Asia Pacific held considerable market share during estimated period which can be attributed to increasing awareness about the technologies and government support for the implementation of the autonomous technologies in the train.
Launch of newer products, frequent product approvals, patent filings, and strategic alliances are the key strategies adopted by market players
Global automatic train control market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. Key player’s profiles in the report are ADLINK Technology (Taiwan), Advantech (Taiwan), Alstom SA (Alstom) (France), Cisco Systems (Cisco) (U.S), General Electric Company (GE) (U.S), Kyosan Electric Manufacturing Ltd (Kyosan) (Tokyo), Hitachi Rail (Italy), Mermec (Italy), Mipro (Taiwan), Siemens (Germany), Tech Mahindra (India), Thales (France) and Toshiba Corporation (Toshiba) (Japan). Precision Business Insights (PBI) in its report titled “Global Automatic Train Control Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market. Detailed Segmentation
By Automation o GOA 4 o GOA 3 o GOA 2 o GOA 1 By Service o Support and Maintenance o Integration and Deployment o Consulting By Train Type o Mainline
o Urban
By Geography o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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