Home > Automotive > Railways > Rail Parts > Autonomous Train Components Market

Autonomous Train Components Market Share

  • Report ID: GMI8430
  • Published Date: Mar 2024
  • Report Format: PDF
 Download Free Sample

Autonomous Train Components Market Share

Alstom SA and CRRC Corporation Limited hold a significant market share of over 15% in the market. Alstom consistently emphasizes research and development to innovate in the autonomous train components industry. The company invests in developing advanced signaling systems, train control management systems (TCMS), and onboard computer systems that are integral to autonomous train operations.
 

CRRC Corporation Limited leverages its manufacturing capabilities and scale to adopt a competitive pricing strategy to win contracts in international markets. Pricing is a critical factor for many rail operators looking to upgrade to autonomous systems.
 

Autonomous Train Components Market Companies

Major players operating in the autonomous train components industry are:

  • Alstom SA
  • CRRC Corporation Limited
  • Hitachi Ltd.
  • Mitsubishi Electric
  • Qualcomm Technologies, Inc.
  • Rockwell Automation Inc.
  • Schneider Electric
  • Siemens AG
  • Thales Group
  • Wabtec Corporation
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of autonomous train components was reached USD 5.3 billion in 2023 and is expected to register over 15% CAGR from 2024 to 2032, owing to the exponential rise in urbanization and population density necessitating efficient, safe & sustainable transportation solutions worldwide.

Autonomous train components industry from the metro train segment recorded 35% share in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to increasing adoption of autonomous train components to improve operational efficiency and passenger safety.

Asia Pacific autonomous train components industry held over 43% share in 2023 and is expected to register a commendable CAGR from 2024 to 2032, due to burgeoning urbanization and the need for efficient transportation solutions in the region.

Alstom SA, CRRC Corporation Limited, Hitachi Ltd., Mitsubishi Electric, Qualcomm Technologies, Inc., Rockwell Automation Inc., Schneider Electric, Siemens AG, Thales Group, and Wabtec Corporation, are some of the major autonomous train components companies worldwide.

Autonomous Train Components Market Scope

  • Autonomous Train Components Market Size
  • Autonomous Train Components Market Trends
  • Autonomous Train Components Market Analysis
  • Autonomous Train Components Market Share

    • Buy Now

    Premium Report Details

    • Base Year: 2023
    • Companies covered: 20
    • Tables & Figures: 393
    • Countries covered: 25
    • Pages: 250
     Download Free Sample
    ×
    Get a free sample of Autonomous Train Components Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.