The global automatic route control system market is expected to grow at a significant CAGR during the forecast period (2021-2027). The Automatic Route Control System (ARCS) is a self-contained automated system that directs the operation of a standard motor vehicle and manages tasks such as delivery or collection of commodities along predetermined routes. In practice, the system monitors the vehicle’s location coordinates, correlates them with the route coordinates, and then sends out appropriate aural, visual, and/or written commands based on the location. The system also detects driver issues and suggests ways to resolve them. The travel routes and actions are defined on changeable magnetic tape cartridges that may be updated daily or as needed from a central computer file. Without the use of maps or lists, as well as prior knowledge of the route, ARCS allows a motorist to navigate a complex route quickly. It also eliminates time-consuming route calculation due to computer-prepared data may be gathered on a magnetic tape cartridge.
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Thales, Argenia Railway Technologies, Siemens Mobility, Inc., WAGO Corporation, Alstom, China Railway Signal and Communication Co, Ltd., and others are among the key players contributing to the growth of the global automatic route control system market through various strategies such as product launches and developments, mergers and acquisitions, partnerships, and agreements.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automatic Route Control System Market by Segment
By Type
- Analogue System
- Digital System
- Others
By Application
- Ordinary Railway
- High-speed Rail
- Subway
- Others
Global Automatic Route Control System Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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