Increasing Need for Mass Rapid Transit Fueling Train Control Management System Adoption

The world is currently witnessing a rapid surge in the need for fast and efficient means of transportation due to a significant rise in the urbanization rate. Thus, governments across the world are focusing on deploying metros and high-speed trains to meet the need for mass transit transportations that are cost-effective and time-saving. Since the train control management system (TCMS) is an intrinsic part of these railway systems, governments are either updating their existing train systems to integrate train management solutions or deploying such solutions in the new rapid transit systems.


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The rising number of high-speed railway lines and metro systems can also be attributed to rapid technological advancements. Some of these trains operate at over 200 km/h, which is why concerns regarding human safety and security have increased considerably in recent years. Thus, the constant technological advancements and rising safety concerns will help the train control management system market reach $4.9 billion by 2023, displaying a CAGR of 8.8% during 2018–2023.

According to P&S Intelligence, Europe dominated the train control management system market in the past, and it is expected to retain its lead in the coming years. The continent is home to some of the most-well-known high-speed train systems, such as Train à Grande Vitesse (TGV), Eurostar, Intercity Express (ICE), and Thalys, which create a high demand for TCMSs. The Rest of the World (RoW) region is expected to witness the fastest growth in the foreseeable future due to the rapid urbanization and vast population of the region. The demand for TCMSs is especially high in the U.A.E. and Russia.

Thus, the increasing need for rapid transit systems and rising safety and security concerns related to trains are expected to boost the adoption of train control management solutions globally.


TRAIN CONTROL MANAGEMENT SYSTEMS MARKET

  1. By Component – Vehicle Control Unit, Mobile Communication Gateway, Human–Machine Interface (HMI), and Others
  2. By Train Type – Metro & High-Speed Train, Electric Multiple Unit (EMU), and Diesel Multiple Unit (DMU)
  3. By Solution – Communication-Based Train Control (CBTC), Positive Train Control (PTC), and Integrated Train Control (ITC)
  4. By Network – Multifunction Vehicle Bus (MVB), Ethernet Consist Network (ECN), Wired Train Bus (WTB), and Others
  5. By Region – North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW)

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