Global train control and management systems market analysis and insights
Railway expansion is placing more safety needs on railway operators. Over-worked employees and aging infrastructure can jeopardize train safety. According to the Association of American Rail Roads, accidents caused by human factors form the biggest category of train accidents, accounting for 38%. Driver fatigue, low situational awareness, and excessive speed are leading human-error factors in rail accidents. As railway networks expand, new solutions are needed to move toward an accident-free future.
The train control and management systems (TCMS) include all elements to safely operate and monitor a rail network and to utilize the infrastructure capacity efficiently. The signaling product space is highly complex and includes various physical assets along the tracks, within trains, and in remote control centers – all of which need to be inter-connected. While today, the high variety of an OEM’s product portfolio is determined by national standards and requirements for signaling technology, efforts are being made to continue to standardize products in the future to improve inter-operability. The signaling industry is increasingly shaped by software solutions and real-time data transmission between train control centers and the trains themselves.
Software solutions enabling real-time train-to-train and train-to-network communication together with infrastructure components for autonomous driving technology are driving both technology development and overall growth. However, product standardization and intensified competition on a global scale are also pressuring established rail players to re-assess their strategic positioning as scale becomes ever-more important to remain competitive against players from lower-cost environments.
The global TCMS market estimated at US$3.78 billion in the year 2022 is now projected to grow at a CAGR of 7.19% and reach US$5.73 billion by 2028.
Train control and management systems regional market insights
North American TCMS market is expected to grow significantly over the forecast period 2022-2028. This can be attributed to high investments for continuous advancements in technologies related to TCMS which enable more sophisticated train control and management capabilities. United States contributed around 78% of the total North American TCMS market. It is estimated to have a market value of US$1.01 billion in the year 2022. Among the other noteworthy geographic markets are Canada and Mexico, each forecast to grow at 6.35% and 4.11% respectively over the 2022-2028 period.
Asia Pacific TCMS market is anticipated to witness an upsurge owing to the strategic initiatives adopted by the government, which include smart cities and digitalization coupled with the increasing GDP of the Asian countries. China is expected to dominate the Asia-Pacific market and reach a market size of US$1.19 billion by 2028.
Within Europe, Germany, France, Italy and the U.K. are the key countries responsible for the significant growth of the regional market. The roll-out of the ETCS advanced signaling upgrade program across Europe presents a solid growth outlook for rail players in the region. Germany is expected to grow at a fastest CAGR of 7.60% over the forecast period.
Meanwhile, the Middle East & Africa is expected to show limited growth due to the strong presence of under-developed countries in Africa who are still struggling to meet technology standards. However, any growth that the region experiences is expected to come from developing Middle Eastern nations such as Qatar, U.A.E, and Oman due to a similar growth pattern as the Asia Pacific.
Key players
Key players profiled in the report include ABB; Alstom S.A.; Amadeus; Ansaldo; Aselsan A.S.; Atos; Bombardier Inc.; CAF, Construcciones y Auxiliar de Ferrocarriles, S.A.; China Railway Signal & Communication Corporation Limited; Cisco; DEUTA-WERKE GmbH; EKE Electronics Ltd.; Frequentis; Hitachi; Huawei; IBM; Indra; Knorr-Bremse AG; Mitsubishi Electric Corporation; Nokia; Siemens; Sierra Wireless; Strukton Rail AB; Thales Group and Toshiba Corporation, among others.
Competitive Landscape
Knorr-Bremse is aiming to bring rail freight into the 21st century with system solutions such as the Digital Automatic Coupler. Knorr-Bremse is testing its Digital Automatic Coupler (DAC) in real-world conditions on a freight train in Sweden. The DAC is the key innovation required to make European rail freight more efficient, flexible and competitive.
Rail Vision announced it has entered into an agreement with shareholder Knorr-Bremse Rail Vehicle Systems to sell 3,947,368 shares and/or pre-funded warrants worth $6 million in a registered direct offering.
Train control and management systems market scope
- By solutions
- Communications-based train control (CBTC)
- Fixed block CBTC
- Moving block CBTC
- Distance-to-go CBTC
- Others
- Positive train control (PTC)
- Integrated train control (ITC)
- Others
- Communications-based train control (CBTC)
- By deployment model
- Onboard TCMS
- Wayside TCMS
- Distributed TCMS
- By component
- Vehicle control unit
- PLCs
- Microcontrollers
- Modular Input/Output (MIO) devices
- HMI
- Others
- By technology
- Automatic train protection (ATP)
- Automatic train operation (ATO)
- Automatic train supervision (ATS)
- Connectivity technologies
- Sensing technologies
- Wireless sensor networks
- Human-machine interface
- Others
- By propulsion
- Electric multiple units
- Diesel multiple units
- By end-use
- Passenger trains
- Freight trains
- Others
- By Region
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
| Report Attribute | Details |
| No. of Pages | 278 |
| Published | May-2023 |
| Forecast Period | 2022-2028 |
| Estimated Market Size in 2022 | US$3.78 billion |
| Forecasted Market Size by 2028 | US$5.73 billion |
| CAGR | 7.19% |
| Regions Covered | North America, South America, Europe, Asia Pacific, Middle East and Africa |
| Companies Mentioned | ABB; Alstom S.A.; Amadeus; Ansaldo; Aselsan A.S.; Atos; Bombardier Inc.; CAF, Construcciones y Auxiliar de Ferrocarriles, S.A.; China Railway Signal & Communication Corporation Limited; Cisco; DEUTA-WERKE GmbH; EKE Electronics Ltd.; Frequentis; Hitachi; Huawei; IBM; Indra; Knorr-Bremse AG; Mitsubishi Electric Corporation; Nokia; Siemens; Sierra Wireless; Strukton Rail AB; Thales Group and Toshiba Corporation, among others. |
The research report provides a comprehensive review of market trends (Technology, Product and Application analysis), market growth drivers, PEST Analysis (Political, Economic, Social and Technological Analysis) Market growth inhibitors, and strategic industry activities and SWOT Analysis of key players in the market. The report provides market estimates and forecast for geographic markets such as the North America (United States, Canada, Mexico and Rest of North America), South America (Brazil, Argentina Chile Colombia Peru Venezuela Ecuador and Rest of South America), Europe (Germany, France, U.K., Russia, Italy, Spain, Sweden, Netherlands, Poland, Austria, Belgium, Finland, Norway, Switzerland, Denmark, Czech Republic, Portugal and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Taiwan, India, Australia, Indonesia, Philippines, Malaysia and Rest of Asia-Pacific), Middle East (Iran, Turkey, Kuwait, UAE, Israel, Oman, Bahrain, Saudi Arabia, Qatar, Egypt and Rest of Middle East) & Africa.
Research Methodology
