The global Automatic Train Control (ATC) market size is expected to grow from USD 2.2 billion in 2018 to USD 3.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period (2018–2023). Major driving factors for the ATC market are the high population growth, hyper urbanization, and technological advancements for improving passenger convenience.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=57153711
Top Key Players
Major ATC market vendors include Thales (France), Bombardier (Canada), Toshiba (Japan), Alstom (France), Tech Mahindra (India), WSP (Canada), Cisco (US), Hitachi (Japan), GE (US), and Siemens (Germany).
GoA 2 segment to account for the largest market size during the forecast period
The GoA 2 segment is expected to hold the largest market size in the ATC market by automation. GoA 2 includes semi-automation train operations. GoA 2-based systems provide full ATP and ATO, along with a train operator stationed at the control cab. ATO systems control train movement by commanding train acceleration and deceleration. The movement of the train is supervised by the ATP system. Under GoA 2, the train operator monitors trackside conditions ahead of the train and is responsible for closing passenger doors and operating the train in the event of any disruption. However, setting the train in motion and stopping the train are performed automatically.
Integration and deployment services segment to account for a larger market size during the forecast period
Integration and deployment services help identify the need for adaptations or upgradations to support the ATC software in the existing infrastructure and avoid the restriction of such software. These services help in speedy deployment, save time and costs, enable efficient working, and minimize deployment-related disruptions. Integration and deployment services begin with collecting customers’ requirements, and then deploying, integrating, testing, and rolling out solutions. Integration and deployment service providers help end users integrate smart infrastructure solutions with their existing infrastructures. These services help in deploying the best-in-class solutions, independent of the vendor, to develop highly optimized smart railways.
Alstom is one of the prominent providers of solutions for passenger transportation, signaling, and control systems for locomotives. Alstom’s ATO is a control system solution, which enables the railway operators by controlling the train speed and monitoring driving regularity. Alstom focuses on inorganic business strategies, such as agreements and partnerships. For instance, in April 2018, Alstom signed an agreement with RATP to provide the ATO system. Alstom would provide the onboard system, which carries out ATO while its radio system transmits data between the train and the ground.
Bombardier is a leading vendor in the ATC market. The company focuses on developing an enhanced product portfolio for the emerging markets and expanding its local footprints. It forged strategic partnerships and alliances with the regional, local players to cater to the market and enter the local industry. The strategic intent of the company is to expand its ATC systems, integrated control systems, computer, relay-based interlocking systems, radio-based rail control and signaling systems, electrical and mechanical systems, and CBTC solution portfolio. Bombardier, in the ATC market, offers the CITYFLO solution, which provides a full range of ATC technologies and operating modes for all urban operations from trams to light rail vehicles, monorails, and high-capacity metros.
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 more 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 platform, "Knowledge Store" 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. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]