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Autonomous Train Market Share

Report ID: GMI6014
Published Date: Jun 2023
Report Format: PDF

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Autonomous Train Market Share

Major companies operating in the autonomous train market landscape are:

ABB Ltd.
Alstom SA
American Equipment Company
Beijing Traffic Control Technology
Bombardier Transportation
Construcciones y Auxiliar de Ferrocarriles (CAF)
CRCC Corporation Limited
General Electric
Hitachi Rail STS
Ingeteam Corporation SA
Kawasaki Heavy Industries
Mitsubishi Heavy Industries Ltd.
Siemens AG
Thales Group
Wabtec Corporation.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of autonomous train surpassed USD 8 billion in 2022 and is anticipated to grow at 6% CAGR during 2023 to 2032 driven by the growing inclination towards sustainable transportation alternatives.

Autonomous train industry size from the metro/monorail train type segment generated more than USD 3.2 billion in 2022 and is poised to depict steady growth rate till 2032 owing to widespread usage in urban areas for public transportation foroffering efficient & reliable services.

North America autonomous train industry crossed a valuation of USD 2.4 billion in 2022 and is expected to exhibit the highest growth between 2023 and 2032 attributed to the advancement of autonomous train technology coupled with the rising concentration on modern technologies and automation.

Some of the key autonomous train firms include ABB Ltd., Alstom SA, American Equipment Company, Beijing Traffic Control Technology, Bombardier Transportation, and Construcciones y Auxiliar de Ferrocarriles (CAF).