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Global Automatic Train Control (GoA 1, GoA 2, GoA 3, GoA 4) Market Forecast to 2023 - ResearchAndMarkets.com

March 21, 2019

DUBLIN--(BUSINESS WIRE)--Mar 21, 2019--The “Automatic Train Control Market by Automation (GoA 1, GoA 2, GoA 3, GoA 4), Service (Consulting, Integration & Deployment), Train Type (Urban (Metro & High-Speed Trains), Mainline (Passenger & Freight Trains)), and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The global 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.

Major growth factors for the market include high population growth and hyper-urbanization, technological advancements targeting passenger convenience, and the emerging trend of smart cities. However, the high cost of deployment and operational inefficiency could restrain the market growth.

GoA 4 to grow at the highest CAGR during forecast period

GoA 4 is also termed as an Unattended Train Operation (UTO) system. Therefore, the safe departure of the train from a station, including door closing, must be done automatically. The UTO system can detect and manage the hazardous conditions and emergency conditions by introducing guideway intrusion detection, platform, and onboard CCTV, etc. UTO is only possible for systems with GoA 4; however, in practice, not all GoA 4 systems are operated unattended. Based on the observations of automated metros, most of the GoA 4 systems are operated with attendants onboard every train. Hence, GoA 4 systems can be operated either unattended or with an attendant onboard.

Asia Pacific (APAC) to grow at the highest growth rate during the forecast period

APAC is estimated to be the fastest-growing region in the ATC market by region, due to the increase in the adoption of new technologies, higher investments for digital transformation, and increasing GDP in APAC countries. Singapore, China, Korea, Hong Kong, and India are rapidly investing in technological transformation. Additionally, with the rapid deployment of metros in Asian cities, the deployment of ATC solutions is on the rise. The high population growth rate in the region has intensified the need for transformation and expansion of the existing rail infrastructure. The presence of untapped potential markets, high penetration of advanced technologies, growing freight use in various industries, and economic developments and government regulations are expected to drive the ATC market growth.

Major vendors in the global ATC market include General Electric Company (GE), Toshiba Corporation (Toshiba), Alstom SA (Alstom), Tech Mahindra, WSP, Cisco Systems (Cisco), Hitachi, Bombardier, Siemens, Thales, Kyosan Electric Manufacturing Ltd (Kyosan), Mermec, Advantech, Mipro, and ADLINK Technology.

These players have adopted product launches and partnership strategies to sustain their position in the global ATC market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Automatic Train Control Market

4.2 Market, By Train Type and Region

4.3 Market, By Region

4.4 Market: Investment Scenario

5 Market Overview and Industry Trends

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 High Demographic Growth and Hyper-Urbanization

5.2.1.2 Technological Advancement Targeted Toward Passenger Convenience

5.2.1.3 Emerging Trend of Smart Cities

5.2.2 Restraints

5.2.2.1 Inefficiency of Train Operations

5.2.2.2 High Deployment Cost of ATC Solutions

5.2.3 Opportunities

5.2.3.1 Development of Semi-Autonomous and Autonomous Trains

5.2.4 Challenges

5.2.4.1 Complexities in Integrating ATC Solutions With Legacy Systems

5.3 Use Cases

6 Automatic Train Control Market, By Automation

6.1 Introduction

6.2 GOA 1

6.2.1 Need for Automation to Fuel the Growth of the Market

6.3 GOA 2

6.3.1 Rising Adoption of ATP and ATO in Trains to Drive the Growth of Goa 2-Based Systems

6.4 GOA 3

6.4.1 High Adoption of GOA 3 to Fuel the Growth of the Automatic Train Control Market

6.5 GOA 4

6.5.1 Growing Need for Faster Services, Energy Efficiency, and Safety to Fuel the Growth of GOA 4

7 Market, By Service

7.1 Introduction

7.2 Consulting

7.2.1 With the ATC Technology at A Mature Stage, the Consulting Services are Expected to Be in Demand

7.3 Integration and Deployment

7.3.1 Integration and Deployment Services to Help Deploy the Best-In-Class Solutions

7.4 Support and Maintenance

7.4.1 Wide Adoption of Support and Maintenance Services By Organizations to Avoid Business Threats and Safeguard Devices

8 Automatic Train Control Market, By Train Type

8.1 Introduction

8.2 Urban

8.2.1 Metro Train

8.2.1.1 Rapid Urbanization and Increasing Metro Lines to Drive the Growth of ATC in Urban Railways

8.2.2 High-Speed Train

8.2.2.1 Increasing Number of High-Speed Trains Worldwide to Fuel the Growth of the Market

8.3 Mainline

8.3.1 Passenger Train

8.3.1.1 Increasing Traveling Population to Enforce Railway Operators to Adopt ATC in Passenger Trains

8.3.2 Freight Train

8.3.2.1 Need for Efficient Freight Trains to Fuel the Growth of the Automatic Train Control Market

9 Automatic Train Control Market, By Region

9.1 Introduction

9.2 North America

9.2.1 United States

9.2.1.1 With the Implementation of PTC Solutions, the US to See A Steady Rise in the Deployment of ATC Solutions and Services

9.2.2 Canada

9.2.2.1 Commitment to Infrastructure and Railway Spending to Drive the Market in Canada

9.3 Europe

9.3.1 Germany

9.3.1.1 Adoption of 2030 FTIP to Drive the Automatic Train Control Market in Germany

9.3.2 France

9.3.2.1 Focus on Rail Infrastructure and Spend Toward the Maintenance and Improvement of Existing Lines to Fuel the Market Growth in France

9.3.3 United Kingdom

9.3.3.1 UK to Emerge as A Lucrative Market Due to Government Regulations and Mandates on Rail Infrastructures

9.3.4 Rest of Europe

9.4 Asia Pacific

9.4.1 China

9.4.1.1 Strategic Rail Projects for Improving Rail Infrastructure to Increase the Deployment of ATC Solutions in China

9.4.2 Australia

9.4.2.1 Deployment of ATC Solutions in Metros to Drive the Market in Australia

9.4.3 India

9.4.3.1 Heavy Investments in Metros to Fuel the Growth of the Automatic Train Control Market in India

9.4.4 Rest of Asia Pacific

9.5 Middle East and Africa

9.5.1 United Arab Emirates

9.5.1.1 Technological Advancements and the Growing Economy to Result in ATC Solution Adoption in UAE

9.5.2 Qatar

9.5.2.1 Increase in Demand for Logistics Management to Act as A Major Driver for the Adoption of ATC Solutions

9.5.3 Rest of Middle East and Africa

9.6 Latin America

9.6.1 Brazil

9.6.1.1 Major Investments in Metros to Drive the Market Growth in Brazil

9.6.2 Mexico

9.6.2.1 Geographic and Strategic Location of Mexico Plays an Important Role in the Growth of the Automatic Train Control Market

9.6.3 Rest of Latin America

10 Competitive Landscape

10.1 Overview

10.2 Market Ranking

10.3 Competitive Scenario

10.4 Competitive Leadership Mapping

11 Company Profiles

11.1 Siemens

11.2 Thales

11.3 Bombardier

11.4 Cisco

11.5 Hitachi

11.6 GE

11.7 Toshiba

11.8 Alstom

11.9 Tech Mahindra

11.10 WSP

11.11 Kyosan

11.12 Mermec

11.13 Advantech

11.14 Mipro

11.15 Adlink Technology

For more information about this report visit https://www.researchandmarkets.com/research/8dd6qg/global_automatic?w=4

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PUB: 03/21/2019 08:47 AM/DISC: 03/21/2019 08:47 AM

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