Home > Automotive > Railways > Locomotive Technology > Communication-Based Train Control Market

Communication-Based Train Control Market Trends

Report ID: GMI8206
Published Date: Feb 2024
Report Format: PDF

Download Free Sample

Communication-Based Train Control Market Trends

The communication-based train control industry is witnessing significant technological advancements. Improved communication technologies such as 5G offer quicker and more reliable data transfer, enabling higher train frequencies & tighter advancements and enhancing network capacity & efficiency. The integration of data from multiple sensors (LiDAR, cameras, etc.) into communication-based train control systems enables real-time obstacle identification and route optimization, increasing efficiency & safety. Continuous innovation in cybersecurity solutions also addresses flaws in communication networks and onboard systems, offering strong protection against assaults while maintaining operational integrity.

For instance, in November 2023, Siemens Mobility signed a contract with the Metropolitan Transportation Authority (MTA) of New York to replace the famous Lexington Avenue Line with its Trainguard MT communication-based train control system. This project involves integrating modern signal protection technology to improve safety and operational efficiency, driving overall market size.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of communication-based train control reached USD 1.7 billion in 2023 and is set to witness 7.5% CAGR from 2024 to 2032, due to increasing urbanization and population expansion with the spurring travel demand.

The metros segment accounted for a market share of around 51% in 2023, owing to their usage in major cities with high passenger traffic, requiring frequent and dependable rail service. Metros offer lower maintenance costs and enhanced operating efficiency.

North America held a market share of over 41% in 2023, backed by the growing urban populations that require efficient and dependable transportation options, along with improved safety features of communication-based train control.

Alstom, CAF Signaling, Cisco Systems, Hitachi Rail, Nokia, Siemens AG, Thales, Toshiba, WAGO Corporation, and Westinghouse Air Brake.