Autonomous Train Market to Grow at a Remarkable Pace in the Coming Years

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Autonomous Train Market - Global Forecast to 2030
www.MarketsandMarkets.com
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Autonomous Train Market by Level of Automation
(GOA1, GOA2, GOA3, GOA4), Technology (CBTC,
ERTMS, ATC, PTC), Application, Component
(Antenna, Camera), Train Type (Metro, Light Rail,
Bullet Train/HSR), Track Length, and Region -
Global Forecast to 2030 The autonomous train
market is projected to grow at a CAGR of 4.87
during the forecast period, to reach 106,290
units by 2030. The key growth driver for the
market is the rise in demand for safety,
security, and efficient mode of transportation
across the globe. Also, the increase in
government budget allocation for mass and
efficient mode of transportation would drive the
market for autonomous train. PDF Brochure
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CBTC is estimated to be the largest segment in
the autonomous train market, by technology The
Communication Based Train Control (CBTC)
technology is estimated to account for the
largest market share. CBTC is a widely used
signaling technology in all metros and light
rails across the globe. Almost 68 of the worlds
automated metro lines are operated with the help
of CBTC systems, which is close to three-quarters
of the newly built fully automated metro
infrastructure in the last decade.
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The passenger segment is estimated to be the
largest market in the autonomous train market
during the forecast period, by application
type The passenger segment is estimated to be
the largest market segment, by volume, of the
autonomous train market during the forecast
period. The increasing road traffic congestion
has created an opportunity for alternate modes of
transportation such as a train. However, the
increasing number of rail accidents across the
globe has raised safety concerns. This has raised
the demand for autonomous technology to increase
the safety and security of the train and the
passengers. Request Sample _at_ https//www.markets
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Asia Pacific is the leading regional market
for autonomous train market The Asia Pacific
region is the largest and fastest-growing market
in the global autonomous train market. The market
growth in the region can be attributed to the
increasing infrastructural development, increase
in government budget allocation on the
transportation sector, and ongoing/upcoming
projects in various countries. The Asia Pacific
market is led by emerging countries, including
China and India, where the installation of metro
lines is growing at a faster pace than other
countries in the region. The increased levels of
automation and demand for efficient and safe mode
of transportation are major factors expected to
drive the market for autonomous trains.
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Market Ecosystem The ecosystem of the
autonomous train market consists of manufacturers
such as Alstom (France), Siemens (Germany),
Bombardier (Canada), Hitachi (Japan), and
Kawasaki Heavy Industries (Japan).
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Browse gtgt 51 market data
tables 69 figures
153 pages and in-depth TOC on
Autonomous Train Market  - Global Forecast to
2030 Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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