Global Train Control & Management System Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

TCMS increases the efficiency and reliability of trains and shortens their response time by automating the operation of the train and its subsystem and passenger safety

The Global Train Control & Management System Market is estimated to be USD 4.03 Bn in 2023 and is expected to reach USD 5.96 Bn by 2028 growing at a CAGR of 8.12%.

A train-borne distributed control system, known as a train control management system, includes secure and fault-tolerant data networks, software, computer hardware, human-machine interfaces, digital and analog input/output (I/O) capability, and computer hardware. The primary function of the train control management system is to offer telecommunications and a communication interface for use with other railway systems. Also, the passenger Wi-Fi networks, and train control management systems are physically isolated for security concerns. The train control management system is the standard communication, control, and train management system for all vehicle platforms and applications, including train types such as metros, trams, passenger coaches, and others.

The demand for safe, reliable, and effective transportation systems propels the industry. The World Health Organization (WHO) estimates that 1.25 million people die from traffic accidents each year, with road traffic injuries being the leading cause of mortality among persons between the ages of 15 and 29. In addition, traffic accidents cost individuals, their families, and governments a lot of money. The demand for railroads has increased because of the perception that railroad transportation is the safest and most cost-effective. The most recent trains have cameras, sensors, and communication equipment on board. In addition, these trains typically operate underground or below ground level and are heavily guarded by walls or gates to deter trespassing, which fuels the market's rise.

Indian Railways announced in April 2018 that the nation's first 12,000 horsepower (HP) electric locomotive is about to be launched. This demonstrates the substantial capital expenditure required to establish and maintain the rail network, which restrains the market expansion for train control management systems. Costs associated with rail infrastructure include those for building and maintaining rails, as well as those for signaling systems, telecommunications networks, power sources for electrified sections, and terminal infrastructure. These infrastructure costs and the cost of machinery, land development, and capital constrain rail infrastructure.

The governments of emerging nations are making significant investments to meet the most current technological requirements for autonomous trains. However, the market has an opportunity due to improved railway infrastructure in developing countries. A nation's railway infrastructure enhances its rail networks' speed and effectiveness for moving freight and passengers. Moreover, significant investments are needed to support the use of driverless trains.

• Infrastructure expenses, equipment, land acquisition, and finance expenditures constrain the train control and management systems market. Track and engineering buildings like bridges and tunnels, train signaling, communication systems, power supply in electrified portions, and terminal facilities have significant construction and maintenance costs. The market is, however, challenged by integration issues with existing rail infrastructure. It is complex, and installing a new system is expensive. The positive train control system requires a million dollars a year in maintenance; due to the incompatibility and a lack of interoperability with the current train system, and limited CBTC acceptance and deployment.

Market Segmentations

• The Global Train Control & Management System Market is segmented based on Component, Train Type, Solution, Network, Connectivity, and Geography.
• By Component, the market is classified into Computer Control Units, Modular Input/ Output Devices, Mobile Communication Gateways, and Human Machine Interfaces.
• Computer Control Units dominate the market. It is frequently employed to regulate train motion, oversee signaling protocols, and monitor performance. It tracks and manages train movements in systems like Communication-Based Train Control (CBTC). The CCUs employ data regarding train position and speed that they receive from wayside equipment to control train movements in real-time. Also, they connect with other CCUs or control centers to plan train movements and guarantee security.
• By Train Type, the market is classified into Metros & High-Speed Trains, Electric Multiple Units, and Diesel Multiple Units.
• Metros & High-Speed Trains holds the largest share of the market. This results from increased government attempt to improve high-speed rail networks and close transportation gaps in nations like the United Kingdom, France, India, China, and South Korea, which are anticipated to propel the metros & high-speed trains segment in the TCMS market.
• By Solution, the market is classified into Positive Train Control, Communication-based Train Control, and Integrated Train Control.
• Due to demand in European nations like the UK, France, Germany, and Spain, the Communication-Based Train Control segment has the most significant market share. CBTC minimizes maintenance expenses by eliminating the requirement for physical vehicle-detecting devices like track circuits. CBTC also lengthens the vehicle turnaround time. It alludes to the cutting-edge signaling system the railway sector utilizes to direct and manage train movement.
• By Network, the market is classified into Wired train bus, Multifunctional vehicle bus (MVB), and Ethernet consists networks (ECN).
• Wired train bus holds the largest share of the market. It refers to a railway signaling system that uses a physical link between trains and equipment on the side of the road via a web of cables. For train movement and maintaining safe operation, the system uses digital communication to relay data between the train and roadside equipment, such as track circuits and signals. That is entirely trustworthy.
• By Connectivity, the market is classified into GSM-R, Wi-Fi, and TETRA.
• GSM-R holds the largest share of the market. It alludes to a wireless communication system created especially for use on railroads. By bringing together the most advantageous array of technologies, systems, and users, the GSM-R enabled reliable and secure driver-signaller connection, which is the cause of this expansion. It is based on the GSM mobile phone standard. Still, it has been modified to satisfy the particular needs of the railway industry, including high dependability, real-time communication, and interoperability between various railway networks.
• By Geography, the market is classified into the Americas, Europe, Middle East & Africa, and Asia-Pacific.
• A significant portion of the global railway control and management systems market is anticipated to come from Europe because of the favorable laws and regulations implemented by local governments there. The European Rail Traffic Management System (ERTMS) controls the interoperability of railway signaling systems in Europe. This system provides services for managing and controlling rail systems as well as the integration of cutting-edge technologies. Europe's railroads are using digital systems that guarantee safety and dependability.

Recent Development

• Network Rail in the UK concluded a major project that involved upgrading track and signaling infrastructure in Manchester. - January 2022
• Hitachi Rail acquired Thales' railway business to shake up the global signaling sector. - August 2021
• Railinc rebranded its new business unit as TransmetriQ. - May 2021

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are General Electric, Hitachi, Mitsubishi Electric, MEN Mikro Elektronik, Siemens, Strukton Rail, Toshiba, etc.

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, Luxembourg, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle East and Africa (Egypt, Israel, Qatar, Nigeria, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
• The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

• The report presents a detailed Ansoff matrix analysis for the Global Train Control & Management System Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
• The publisher analyses the Global Train Control & Management System Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
• Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Train Control & Management System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The research report also provides a detailed market size analysis and projections in volume and value terms. The projections are calculated using verified research methodologies.
• Excel data sheet for the market size will also be provided with the report.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
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• The report includes Self-Assessment Form, which helps customers evaluate their position in the market compared to their competitors.
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Report Highlights:

• A complete analysis of the market, including the parent industry
• Important market dynamics and trends
• Impact Analysis - a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment.
• Market segmentation
• Competitive Analysis: Comparative analysis of competitor
• Historical, current, and projected size of the market based on value and volume
• Market size of the US states
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market