Key Players in the Train Control Management System Market : Market Share and Competitive Analysis

According to a recent report published by Allied Market Research, titled, “Train Control Management System Market Size by Component, Solution, Network Type, and Train Type: Opportunity Analysis and Industry Forecast, 2020–2027,” the global train control management system market was valued at $3.13 billion in 2019, and is projected to reach $5.09 billion by 2027, registering a CAGR of 8.7% from 2020 to 2027.

By region, Europe dominated the market, followed by Asia-Pacific, North America, and LAMEA in 2019. China dominated the Asia-Pacific train control management system market share in 2019, however, Africa is anticipated to exhibit a remarkable growth during the forecast period.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.alliedmarketresearch.com/request-sample/2337

Vehicle control unit is one of the important subsystems of the propulsion system in train, as it is responsible for controlling the complete safety and characteristics of the locomotive. In addition, vehicle control unit can be used for physical controls such as opening & closing of doors and diagnostics control such as monitoring of brake temperature, and checking proper closing of doors. Vehicle control units are used for various applications such as crew human–machine interface (HMIs) management, SIL & safety applications, fleet management, lighting management, battery charge monitoring, and other crucial applications, which propel the growth of vehicle control unit segment.

A mobile communication gateway can be defined as the network node used in telecommunication that connects two networks with different transmission protocols together. In addition, gateway serves as the entry and exit point for a network as all the data must pass through gateway prior to being routed. The adoption of mobile communication gateway provides simplified internet connectivity into one device and offers advantages such as enhanced communication quality, improved communication, and easy implementation communication device, which boost the market for mobile communication gateway segment

Leading train operating companies and equipment & systems manufacturers are signing contract for installation of advanced system in the vehicle control units systems. For instance, on June 2020, Virgin Trains USA, a train operating company, signed contract with Wabtec, an equipment and system company, for the implementation of train control and signaling systems on the rail corridors between Miami and West Palm Beach and from Palm Beach to Orlando. In addition, supportive government initiatives for the development of vehicle control unit sector in Mexico are driving the adoption of vehicle control units, thereby propelling the growth of market. For instance, the 90bn-peso (US$4bn) Mexico City-Toluca line, on which the government started working in 2014, will go from Observatorio metro station and run to Toluca, by crossing the Santa Fe business district.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 - https://www.alliedmarketresearch.com/train-control-management-system-market/purchase-options

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘 -

• On the basis of component, the human–machine interface segment is anticipated to exhibit a remarkable growth during the forecast period.
• By solution, the positive train control segment is the highest contributor to the global market, in terms of revenue.
• Region wise, LAMEA registers the highest growth , followed by North America, Asia-Pacific, and Europe.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 -

• Mitsubishi Electric Corporation
• Knorr-Bremse
• Alstom
• Thales Group
• EKE Group
• Bombardier
• Hitachi, Ltd.
• Siemens
• Toshiba Corporation
• ABB

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 -

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