Skip to main content

Train Control and Management Systems Market - Growth, Future Prospects and Competitive Analysis, 2017–2025

According to the latest report published by Credence Research, Inc. “Train Control and Management Systems (TCMS) Market - Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global train control and management systems market was valued at US$ 2.23 Bn in 2016, and is expected to reach US$ 4.44 Bn by 2025, expanding at a CAGR of 7.8% from 2017 to 2025.
Market Insights
The global train control and management systems market is majorly governed by increasing demand for faster yet safe transport and transit systems. Rising population, growing urbanization, rising need for rapid commutation systems and consequent gradual up-gradation of transport systems significantly contribute to high demand for train control and management systems worldwide. Rising number of inter-state and inter-city fast-route railways further confirms the need for better control systems affirming to the defined safety standards. As TCMS assist in forming centralized control over various train and railway functions, it is likely that large-scale deployment of TCMS will be witnessed through the coming years. However, risk of failure to attain positive control systems and resultant risk of critical accidents may hold back the growth of this market.
Based on solution types, positive train control systems, communication-based control systems and integrated train control systems are the TCM systems used in railway transit management. Among these solution types, communication-based systems occupy the largest revenue share in the global market. It is anticipated that these systems will maintain their dominance in the market through the forecast period on the ground of their safety efficiency, better interoperability and less maintenance costs. On the other hand, positive control systems are observed to be the most popular solution type majorly attributed by better safety features across all operation aspects.
Based on geographical distribution, the global train control and management systems market is majorly dominated by Europe. Wide presence of automated train control systems in the region and continuous proliferation of the same in Eastern Europe significantly contribute to the ascendency of European market. Asia Pacific due to its huge geographical area and growing urbanization is observed to be the most lucrative regional market presenting investment opportunities.
Table of Content
Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
Chapter 2. Executive Summary
2.1. Global Train Control and Management Systems Market Portraiture
2.1.1. Global Train Control and Management Systems Market, by Train Type, 2016
2.1.2. Global Train Control and Management Systems Market, by Solution Type, 2016
2.1.3. Global Train Control and Management Systems Market, by Component Type, 2016
2.1.4. Global Train Control and Management Systems Market, by Geography, 2016
Chapter 3. Train Control and Management Systems: Market Dynamics and Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.4.1. Attractive Investment Proposition, by Geography
3.5. Competitive Landscape
3.5.1. Market Share Analysis, by Key Players, 2016 (Value %)...................
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Comments

Post a Comment

Popular posts from this blog

Home Healthcare Market has Positive Long-Term Growth Outlook 2017-2023: Credence Research

Credence Research has recently issued a new market assessment report titled “Home Healthcare – Growth, Future Prospects and Competitive Analysis, 2016 – 2023”. The global Home Healthcare Market study provides a comprehensive view of the ongoing and future phases of the Home Healthcare industry based on parameters such as major commercial events, research initiatives, government guidelines, market drivers, restraints and opportunities and detailed industry segmentation and regional distribution. Browse the report at  http://www.credenceresearch.com/report/home-healthcare-market Based on geographic/regional distribution the global Home Healthcare Market is studied for key regional markets focusing on the respective geographic trends and statistics, and thereby delivering market size and forecast values. The Home Healthcare Market based on geographic classification is studied for North America, Europe, Asia-Pacific, Latin America, and...
Post a Comment
Read more

Rheumatoid Arthritis Therapeutics Market Assessment Report Now Available at Credence Research

Credence Research has recently issued a new market assessment report titled “ Rheumatoid Arthritis Therapeutics  – Growth, Future Prospects and Competitive Analysis, 2016 – 2024”. The global Rheumatoid Arthritis Therapeutics Market study provides a comprehensive view of the ongoing and future phases of the Rheumatoid Arthritis Therapeutics industry based on parameters such as major commercial events, research initiatives, government guidelines, market drivers, restraints and opportunities and detailed industry segmentation and regional distribution. Browse the report at  http://www.credenceresearch.com/report/rheumatoid-arthritis-therapeutics-market Based on geographic/regional distribution the global Rheumatoid Arthritis Therapeutics Market is studied for key regional markets focusing on the respective geographic trends and statistics, and thereby delivering market size and forecast values. The Rheumatoid Arthritis Therapeutics Market based on geogra...
Post a Comment
Read more

Global Liquid Biopsy Market Dynamics, Forecast, Analysis and Supply Demand 2022: Credence Research

According to the latest report published by Credence Research, Inc. “ Liquid Biopsy Market   Growth, Future Prospects and Competitive Analysis, 2016-2022,” the liquid biopsy market was valued at USD 1,881.9 Mn in 2015, and is expected to reach USD 10,850.3 Mn by 2022, expanding at a CAGR of 24.7% from 2016 to 2022. Browse the full report Liquid Biopsy: Market Growth, Future Prospects and Competitive Analysis, 2016-2022 at  http://www.credenceresearch.com/report/liquid-biopsy-market Market Insights In the past, tissue samples extracted through biopsy were evaluated to detected malignancy. However, some micrographs delivered inconsistent and ambiguous results, thus demanding repeated procedure. The advent of molecular diagnostics and next generation sequencing offered pathologists with a powerful tool for efficient diagnosis. Even with such advances, cancer diagnosis still remained subject to the limitation of availability of biopsied tissue, which fu...
Post a Comment
Read more