The global market for train control and management systems, which provided an opportunity of US $ 2.5 billion in 2021, will grow by an average of 8.20% per annum during the period from 2021 to 2027 and will reach US $ 50.1 billion by the end of the forecast period. Communication-based systems witness higher demand than other train control and management systems and are expected to continue in the coming years. The benefits offered by these systems, such as reduced maintenance costs and improved interoperability, serve as the main driving force behind the increased absorption of these systems.
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Market Segments
Company Profiles
- Bombardier Inc. (Canada)
- Siemens AG (Germany)
- Toshiba Corporation (Japan)
- Mitsubishi Electric Corporation (Japan)
- Hitachi Ltd. (Japan)
- Knorr-Bremse AG (Germany)
- ALSTOM SA (France)
- CAF GROUP (Spain)
- ABB (Switzerland)
- Thales Group (France)
- ASELSAN A.ª (Turkey)
By Trains Type
- Metros and High Speed Trains
- Electric Multiple Units
- Diesel Multiple Units
By Components Type
- Computer Control Units
- Modular Input/output Devices
- Mobile Communication Gateway
- Human Machine Interfaces
By Train Control Solutions Type
- Positive Train Control
- Integrated Train Control
- Communication Based Train Control
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Scope of the Report
The research study analyzes the global Intravenous Equipment industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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