The global train control management systems market is expected to grow at a CAGR of around 8.8% from 2020 to 2027 and expected to reach the market value of around US$ 5,623.5 Mn by 2027.
The Train Control & Management System (TCMS) is a train-borne distributed control system. It consists of computer devices and software, human-machine interfaces, digital and analogue input/output (I/O) capability, and data networks to connect all of these together in a secure and responsibility to fix manner. TCMS typically provides data communications interfaces to other train-borne systems, as well as telecommunications to supporting systems that operate remotely on the wayside. For security reasons, TCMS will typically be physically separated from Wi-Fi networks accessible to passengers. Because of its central role in coordinating control and monitoring across the train, TCMS is often referred to as the "brain of the train”.
Rising allocation of budgets for the development of railways bolster the growth of global train control management systems market
Emerging economies such as India and China are allocating more funds to the development of their railway infrastructure. For example, India allocated US$18.8 Bn to its railway sector in 2017 and US$21.2 Bn in 2018, representing a 13% increase in budget allocation. Similarly, various countries around the world are constantly increasing their rail budgets in order to deploy cutting-edge technologies and improve infrastructure. For example, the Canadian National Railway (CN) planned to invest US$2.92 Bn in Saskatchewan to improve railway infrastructure. As a result, the increase in budget allocation is a key factor driving the growth of the railway sector, which is propelling the train control management system market.
What is new in train control and management systems market?
The conventional train traffic control system has been focused on safety and punctuality in normal operations, according to an IEEE report. However, more adaptable and flexible management has recently been required not only for train regulation but also for maintenance and in train delay situations. An autonomous decentralised train control and management system is proposed to achieve both real-time train control properties such as train traffic and non-real-time train management properties such as scheduling. This subsystem was created to allow these two heterogeneous subsystems to coexist by isolating or coordinating them.
The trend of automated metros and high-speed trains, rapid urbanization, rising population, and increased fuel emission norms and regulations are the major factors driving the growth of the train control and management system market. Furthermore, rising investments in advanced technology, system up gradation, and increased demand for safe and comfortable transportation are expected to drive growth in the train control and management system market.
Furthermore, the TCMS market is being driven by factors such as rising urbanization and population in developing countries such as India and China, as well as the increasing availability of high-speed communication systems. Furthermore, by automating train and subsystem operations and passenger safety, TCMS improves train efficiency and reliability while shortening response time. The global TCMS market is expected to be driven by these factors.
The global train control and management system market is segmented as train type, component, connectivity, and control solutions market. Train type is segmented as metros & high-speed trains, electric multiple units, and diesel multiple units. Based on component, the market is segregated as vehicle control unit, mobile communication gateway, human machine interface, and others. Further, connectivity is segmented as GSM-R, WI-Fi, TETRA, and others. Train control solutions segment is segmented as positive train control, communication-based train control, and integrated train control.
Metros and high-speed trains will experience the fastest growth during the forecast period. This is due to increased government initiatives in countries such as the United Kingdom, France, India, China, and South Korea to improve high-speed rail networks and fill transportation gaps, which are expected to drive the metros & high-speed trains segment in the TCMS market.
The vehicle control unit segment is expected to be the largest component segment in the train control management system (TCMS) market. The vehicle control unit is the most expensive part of the TCMS system. As a result, the vehicle control unit is expected to be the largest component segment in the TCMS market. This segment's expansion can be attributed to the high rate of TCMS installation in developed regions and the increasing penetration in developing regions.
Communication-based train control (CBTC) is expected to be the largest segment in the train control management market, accounting for the largest share. This is due to increased demand in European countries such as the United Kingdom, France, Germany, and Spain. CBTC eliminates the need for physical vehicle detection systems such as track circuits, which reduces costs on maintenance. CBTC also increases vehicle turnaround time.
Europe holds the dominant market share for the train control management systems market followed by Asia Pacific
Europe has historically dominated the train control management systems market and is expected to do so again during the forecast period. Rapid urbanization in the region's developing countries, as well as increased demand for train control management systems in countries such as Germany, Spain, Italy, and the rest of Europe.
Asia Pacific, on the other hand, has the fastest growing CAGR in the train management systems market. China commands a commanding position in the Asia Pacific railway management system market. In 2017, China launched the first trackless train running on virtual railways, which was a notable example of such progress. As the Asia Pacific railway management system industry is currently demonstrating tremendous growth potential, several key players such as Siemens, Hitachi, Cisco, Huawei, and others are making significant investments in digitalizing existing railway infrastructure. Various developing countries, including India and Malaysia, are working with developed countries, such as China and Japan, to import advanced railway systems. Such collaborative efforts are boosting the growth of the railway management system market in Asia Pacific.
The prominent players of the global train control management systems market involve Bombardier Inc., Siemens AG, Toshiba Corporation, Mitsubishi Electric Corporation, Hitachi Ltd., Knorr-Bremse AG, ALSTOM SA, and among others
Market By Train Type
Metros & High-Speed Trains
Electric Multiple Units
Diesel Multiple Units
Market By Component
Vehicle Control Unit
Mobile Communication Gateway
Human Machine Interface
Market By Connectivity
Market By Train Control Solutions
Positive Train Control
Communication-Based Train Control
Integrated Train Control
Market By Geography
• Rest of Europe
• South Korea
• Rest of Asia-Pacific
• Rest of Latin America
Middle East & Africa
• South Africa
• Rest of Middle East & Africa
Train control management systems market is expected to reach a market value of around US$ 5,623.5 Mn by 2027.
The train control management systems market is expected to grow at a CAGR of around 8.8% from 2020 to 2027.
Based on train type, metros & high-speed trains segment is the leading segment in the overall market.
Growth in the trend of automated metros and high-speed trains, rapid urbanization, increasing population, and rise in fuel emission norms and regulations are the prominent factors that drive the demand for train control management systems market.
Bombardier Inc., Siemens AG, Toshiba Corporation, Mitsubishi Electric Corporation, Hitachi Ltd., Knorr-Bremse AG, ALSTOM SA, and among others.
Europe is anticipated to grab the highest market share in the regional market
Asia Pacific is expected to be the fastest growing market in the forthcoming years