| Autonomous Trains Market Share and Size 2023 Global Growth and Forecast 2028 |
Newest Research on “Autonomous Trains Market” – Forecast by Top Regions 2023-2028
Autonomous trains is the most sophisticated technology in the field of railway transport system. Technologically advanced system are used in trains to operate it without the aid of a driver and the safety of the passengers is increased. These trains are furnished with high-powered cameras, latest sensors, GPS data, and onboard computer systems. Autonomous train operation consist of different components which can be automated and based on the automation of components the Grades of Automation (GoA) are decided. The automation of train also consist of passenger safety technology which are included in autonomous train protection. Different terms used in autonomous trains market are: Automatic Train Protection (ATP), Automatic Train Operation (ATO), Automatic Train Control (ATC), Semi-Automatic Train Operation (STO), Driverless Train Automation (DTO), and Unattended Train Operation (UTO).
Report Overview
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Autonomous Trains estimated at USD 150150 million in the year 2022, is projected to reach a revised size of USD 180330 million by 2028, growing at a CAGR of 3.1% during the forecast period 2022-2028.
Major driving factor for autonomous trains market is the increase in investment by the government in the public transport. There is need for speed and to avoid heavy traffic jams in some of the major cities of the world. Government is initiating the green environment and clean environment campaign so as to improve the air quality caused by the private vehicles.
Major Product Types of Autonomous Trains covered are:
- GoA 1
- GoA 2
- GoA 3
- GoA 4
Major Applications of Autonomous Trains covered are:
- Urban Area
- Surburn Area
key players operating in the Autonomous Trains market
- Thales Group
- Alstom
- Hitachi
- Bombardier Transportation
- CRRC Corporation
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