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Autonomous Train Market worth 106,290 Units by 2030 The report "Autonomous Train Market by Level of Automation (GOA1, GOA2, GOA3, GOA4), Technology (CBTC, ERTMS, ATC, PTC), Application, Component (Antenna, Camera), Train Type (Metro, Light Rail, Bullet Train/HSR), Track Length, and Region Global Forecast to 2030", The autonomous train market is estimated to be 60,078 Units in 2018 and is projected to reach a market size of 106,290 Units by 2030, growing at a CAGR of 4.87% during the forecast period.

Browse 51 market data Tables and 69 Figures spread through 153 Pages and in-depth TOC on "Autonomous Train - Global Forecast to 2030" https://www.marketsandmarkets.com/Market-Reports/autonomous-train-market-27451077.html

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CBTC is estimated to be the largest segment in the autonomous train market, by technology The Communication Based Train Control (CBTC) technology is estimated to account for the largest market share. CBTC is a widely used signaling technology in all metros and light rails across the globe. Almost 68% of the world’s automated metro lines are operated with the help of CBTC systems, which is close to three-quarters of the newly built fully automated metro infrastructure in the last decade.

The passenger segment is estimated to be the largest market in the autonomous train market during the forecast period, by application type The passenger segment is estimated to be the largest market segment, by volume, of the autonomous train market during the forecast period. The increasing road traffic congestion has created an opportunity for alternate modes of transportation such as a train. However, the increasing number of rail accidents across the globe has raised safety concerns. This has raised the demand for autonomous technology to increase the safety and security of the train and the passengers.

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Asia Pacific is the leading regional market for autonomous train market The Asia Pacific region is the largest and fastest-growing market in the global autonomous train market. The market growth in the region can be attributed to the increasing infrastructural development, increase in government budget allocation on the transportation sector, and ongoing/upcoming projects in various countries. The Asia Pacific market is led by emerging countries, including China and India, where the installation of metro lines is growing at a faster pace than other countries in the region. The key factors restraining the growth of the autonomous train market are the long stopping distance and cost incurred in developing infrastructure for autonomous trains. The autonomous train market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Alstom (France), Siemens (Germany), Bombardier (Canada), Hitachi (Japan), and Kawasaki Heavy Industries (Japan). Request Sample Copy @ https://www.marketsandmarkets.com/requestsample.asp?id=27451077 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit mor e than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platf orm, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

Analysis on Autonomous Train Market  

Autonomous Train Market report categorizes the global market by Level of Automation (GOA1, GOA2, GOA3), Train Type (Metro, Bullet Train/HSR,...

Analysis on Autonomous Train Market  

Autonomous Train Market report categorizes the global market by Level of Automation (GOA1, GOA2, GOA3), Train Type (Metro, Bullet Train/HSR,...

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