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Train Control Management Systems are based on in-house control electronics platforms that allow for programming in open languages in accordance with IEC Standards.
These systems are conceived for use in distributed configurations, minimizing the wiring, and may be connected both by means of TCN protocol in accordance with IEC 61.375-X: MVB, CCN, ECN, WTB, ETB and other bus protocols.
The conception of the vehicle control electronics (VCU) is carried out fulfilling the requirements demanded by railway standards and covers all needs for control, monitoring and communications of any kind of rolling stock, from LRVs, EMUs and locomotives to high-speed locomotives.
North America's revenue accounted for the highest market share (28.66%) in 2016, followed by Europe and China. North America is expected to maintain its leading position for the next five years owing to the increasing global downstream demand for Train Control & Management System (TCMS).
Market Analysis and Insights: Global Train Control & Management System (TCMS) Market
The global Train Control & Management System (TCMS) market was valued at US$ 2496.4 in 2020 and will reach US$ 3345.4 million by the end of 2027, growing at a CAGR of 5.0% during 2022-2027.
Global Train Control & Management System (TCMS) Scope and Market Size
The global Train Control & Management System (TCMS) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Train Control & Management System (TCMS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
CBTC
PTC
Integrated Train Control
Segment by Application
Metros
High-Speed Trains
Normal Trains
The Train Control & Management System (TCMS) market is analysed and market size information is provided by regions (countries). Segment by Application, the Train Control & Management System (TCMS) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Alstom SA
Bombardier
Siemens AG
Hitachi Ltd.
Mitsubishi Electric
Strukton Rail
Wabtec Corporation
Selectron Systems
Toshiba
Thales Group
CAF
EKE-Electronics
These systems are conceived for use in distributed configurations, minimizing the wiring, and may be connected both by means of TCN protocol in accordance with IEC 61.375-X: MVB, CCN, ECN, WTB, ETB and other bus protocols.
The conception of the vehicle control electronics (VCU) is carried out fulfilling the requirements demanded by railway standards and covers all needs for control, monitoring and communications of any kind of rolling stock, from LRVs, EMUs and locomotives to high-speed locomotives.
North America's revenue accounted for the highest market share (28.66%) in 2016, followed by Europe and China. North America is expected to maintain its leading position for the next five years owing to the increasing global downstream demand for Train Control & Management System (TCMS).
Market Analysis and Insights: Global Train Control & Management System (TCMS) Market
The global Train Control & Management System (TCMS) market was valued at US$ 2496.4 in 2020 and will reach US$ 3345.4 million by the end of 2027, growing at a CAGR of 5.0% during 2022-2027.
Global Train Control & Management System (TCMS) Scope and Market Size
The global Train Control & Management System (TCMS) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Train Control & Management System (TCMS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
CBTC
PTC
Integrated Train Control
Segment by Application
Metros
High-Speed Trains
Normal Trains
The Train Control & Management System (TCMS) market is analysed and market size information is provided by regions (countries). Segment by Application, the Train Control & Management System (TCMS) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Alstom SA
Bombardier
Siemens AG
Hitachi Ltd.
Mitsubishi Electric
Strukton Rail
Wabtec Corporation
Selectron Systems
Toshiba
Thales Group
CAF
EKE-Electronics
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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