"Market Intelligence for High-Geared Performance"

Autonomous Train Market Size, Share & Industry Analysis, By Type (GoA 1, GoA 2, GoA 3, GoA 4), By Application Type (Sub Urban Area, Urban Area) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105494 | Status : Ongoing

 

KEY MARKET INSIGHTS

Autonomous trains run without human interference and are monitored from a control station known as driverless trains. These trains are outfitted with Automatic Train Protection (ATP), a train protection technology that limits the speed and can stop automatically at signals.


The primary drivers influencing the adoption of autonomous train technology are increasing budget allocation for railway expansion, the increased need for secure, safer, and efficient transportation, decreased pollution and accidents, and higher passenger capacity. Furthermore, improvements in railway infrastructure, particularly in emerging nations, and growth in freight movement through trains are suitable for market expansion. These reasons are expected to significantly influence the autonomous train market growth throughout the projected period. Recent advances, such as testing autonomous passenger vehicles, are projected to accelerate industry growth.


  • For instance, in September 2021, Mitsubishi Heavy Industries Engineering joined forces with Keolis and Mitsubishi Corp. in a new concession of Dubai Metro and Dubai Tram.


Several key companies in the industry are using different growth strategies such as mergers, acquisitions, partnerships, and agreements to enhance their market position.


  • For instance, in August 2021, Hitachi Rail STS (Ansaldo) entered into a deal with the Thales Group to buy the Thales Group's Ground Transportation System division. Hitachi Rail expects to achieve development due to this arrangement by extending the scope of its rail signaling systems business and developing its rail automation systems business internationally.

  • In March 2021, Mitsubishi Heavy Industries Engineering Ltd (MHI-ENG) and KEOLIS SA announced the formation of a consortium ("the Consortium") and the signing of a 15-year contract with the Roads & Transport Authority (RTA) of Dubai to operate and maintain Dubai's world-class driverless metro and tram networks.


The growing electrification of metro/monorail systems is due to the global implementation of stringent emission standards. The introduction of linked metro rail also threatens the international autonomous train business. Also, the increased likelihood of system hacking and the expensive cost of railway automation impede industry expansion.

Impact of COVID-19 on Autonomous Train Market


The COVID-19 pandemic has hampered the railway sector. Due to the pandemic, major railway projects have been halted, which will provide a threat to the autonomous train industry. Personal mobility increased dramatically as a result of the pandemic. Following the pandemic, there was a major drop in demand for new trains as people shunned public transportation, preferring private automobiles to escape crowds. Furthermore, component manufacturing has been halted and tiny Tier II and Tier III firms have suffered financial concerns.

The railway sector is very capital-intensive and requires continued funding to stay in business. As a result, production halt during the pandemic and decreasing demand following the pandemic had an extraordinary impact on autonomous train manufacturers.


  • For example, Bombardier proclaimed the suspension of its factories in March 2020 while Alstom suffered a significant impact on its financial performance like other European companies. According to Alstom, the company's sales declined by 27% in the first quarter of 2020-21 (April-June). However, CAF began gradually restarting operations after April 2020, with all necessary safety safeguards.


However, with increased environmental concerns, the necessity for public transit and carpooling is projected to help the railway industry flourish.

GoA1- Train Operator controls train manually

GoA2- Semi-automatic

GoA3- Driverless Train Operation (DTO)

GoA4- Unattended Train Operation (UTO)

Key Insights


The report will cover the following key insights:


  • Key Industry Developments – Mergers, Acquisitions, and Partnerships

  • Porter’s Five Forces Analysis

  • PEST Analysis

  • Technological Developments

  • Impact of COVID-19 on the Global Autonomous Train Market


Analysis by Application


The passenger segment is estimated to hold the largest share of the market during the forecast period. Autonomous trains provide fast and efficient transportation. Several cities are building new rail infrastructure to relieve traffic congestion and provide an economical mode of transportation, both intercity and intracity. Rapid urbanization and the desire for enhanced connection, comfort, and dependability will fuel the growth of this segment.

Analysis by Automation Grade


The increased deployment of GoA4 technology in metro rail will drive the market growth. GoA4 refers to Unattended Train Operation (UTO) in which starting and stopping, door operation, and emergency management are all automated with no onboard employees. Rail is regarded as one of the safest ways of land transport. It is more appealing to customers since it provides a far better service to potential passengers, resulting in a growth in passenger numbers. Consumer demand for safer and more efficient transportation is growing worldwide, emphasizing the significance of adopting modern technology-based transportation.


  • For instance, in October 2021, the German Rail Corporation and Siemens Mobility created the world's first self-driving train in rail traffic. The train is automated and operated by digital technologies. The driver remains aboard the train to monitor passengers' travel.


Regional Analysis


To gain extensive insights into the market, Request for Customization


Geographically, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific has one of the world's largest rail networks and is expected to dominate the global autonomous train market share. The railway network plays a severe role in the economic growth of Asia Pacific countries. The increased investment in rail infrastructure expansion by governments throughout the region, particularly China, India, and Japan, is expected to drive significant growth in the industry. The increased popularity of metro travel as a means of public transportation in India also drives industry expansion.


  • For instance, in February 2022, the Hangzhou metro launched two additional lines and an extension adding more than 59 route kilometers to the network.


Asia Pacific is characterized by industrialized and emerging economies such as Singapore, Malaysia, Indonesia, and Bangladesh. Major companies are investing in rail projects in Asia Pacific, owing to considerable potential in new business segments.


  • For example, CRCC signed an agreement with the government of Maharashtra, India to establish a manufacturing plant at the Multimodal International Cargo Hub and Airport in Nagpur (MIHAN). With these companies growing in the nation, the development of autonomous trains is expected to accelerate in the coming years.


Key Players Covered



  • CRCC (China Railway Construction Corporation Ltd.) (China)

  • CRRC (China Railway Rollingstone Corporation Ltd.) (China)

  • Bombardier (acquired by Alstom in 2021) (Canada)

  • Alstom (France)

  • Thales Group (France)

  • Wabtec Corporation (U.S.)

  • Kawasaki Heavy Industries (Japan)

  • Mitsubishi Heavy Industries, Ltd (Japan)

  • Hitachi (Japan)

  • Siemens AG (Germany)

  • General Electric (U.S.)


Segmentation




















By Train Type


By Application


By Automation Grade


By Technology Type


By Geography



  • Metro/Monorail

  • Highspeed Rail

  • Light Rail




  • Passenger

  • Freight




  • GoA1



  • GoA2

  • GoA3

  • GoA4


 



  • Communication-based Train Control (CBTC)

  • European Rail Traffic Management System (ERTMS)

  • Automatic Train Control (ATC)

  • Positive Train Control (PTC)




  • North America (U.S., Canada, Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)



  • Asia Pacific (China, Japan, India, South Korea, and Rest of APAC)

  • Rest of the World



Key Industry Developments



  • In May 2022, the Japanese Patent Office granted a new Japanese patent to "Rail Vision", a development stage technology business hoping to transform railway safety and the data-related industry. The company has created cutting-edge, artificial intelligence-based, industry-leading technology for railways.

  • In November 2021, Delhi became the fourth city to have a Driverless Train Operation (DTO) of 59 km pink line Metrorail. Singapore (first), Shanghai (second), and Kuala Lumpur (third) are the first three cities.

  • In September 2021, Mitsubishi Heavy Industries Engineering formed a joint venture with Keolis to build the Dubai metro and tram. The Dubai metro commenced operating smoothly with a fully-automated driverless train system. Keolis-MHI Rail Management Operation LLC manages the services (Keolis-MHI).

  • In August 2021, Siemens Mobility received a contract to develop, implement, and commission the first Communications-Based Train Control (CBTC) system for Malaysia and Singapore cross-border connection trains. The business has announced intentions to provide the CBTC technology for the Brazilian metro line in May 2022.

  • In January 2021, Alstom finalized the acquisition of Bombardier Transportation, establishing a worldwide competitor in mobility and rail transport as the world moves toward sustainable transportation.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Automotive & Transportation Clients
Asahi
Hitachi
GM
Hyundai
Deloitee
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X