TCMS Market report represents the revenue opportunities in the market through to 2022, highlights the market size and growth by technology, geography, type and size. The report outlines the evolution of the industry and identifies and assesses the best performing vendors in the market.
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Study on TCMS Market highlights key players such as 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.Ş (Turkey), DEUTA-WERKE GmbH (Germany), Rockwell Collins (US), MEN Mikro Elektronik GmbH (Germany), Eke Group (Finland), Strukton Rail (Netherland), CRSC (China), HUBER+SUHNER (Denmark), Wabtec Corporation (USA), Quester Tangent (Canada), Medha Servo Drives Private Limited (India), UniControls a.s. (US), Leroy Automation (France), Amaronia Rail Ltd.
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(Finland), and Tech Mahindra (India).
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The Train Control and Management System (TCMS) market is projected to grow at a CAGR of 8.02% from 2017 to 2022, to reach USD 3.58 billion by 2022. The key factors driving the market growth include rapidly growing population and urbanization in the Asia Oceania region, increasing government mandates in developed regions such as North America and Europe, and availability of high-speed communication systems.
The increasing rail transit network such as light rail transit, metros, and high-speed rails is also expected to boost the demand for TCMS as it is a standard system for rail safety and management. On the other hand, the major factors hindering the TCMS market growth are high infrastructural and maintenance costs and lack of interoperability.
Europe is estimated to be the largest market in 2017, whereas North America is estimated to see the highest growth in the TCMS market during the forecast period. The North American countries are focusing on reducing greenhouse gas emissions and air pollution by the transportation sector.
Thus, the government is taking initiatives to develop light rail transit and metros at a rapid pace to follow a sustainable path, which in turn is estimated to drive the demand for TCMS market.
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Key Points From Table Of Content:
4 Premium Insights
4.1 Attractive Opportunities in TCMS Market
4.2 TCMS Market, By Train Type
4.3 TCMS Market, By Component
4.4 TCMS Market, By Connectivity
4.5 TCMS Market, By Region & Train Control Solution
4.6 TCMS Market Growth Trends, By Country
5 Market Overview
5.2 Market Segmentation
5.2.1 Market Segmentation: Train Control & Management System
5.3 Market Dynamics
184.108.40.206 Population Growth & Urbanization to Fuel the Advancements in the Rail Industry
220.127.116.11 Availability of High-Speed Communication Systems
18.104.22.168 Development of Light Rail Transit
22.214.171.124 High Infrastructural & Maintenance Costs
126.96.36.199 Lack of Interoperability
188.8.131.52 Increasing Demand for TCMS-Equipped Rolling Stocks in Emerging Markets
184.108.40.206 Integration of New Train Control Systems
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6 TCMS Market, By Train Type & Region
6.2 Asia Oceania
6.2.1 Upcoming Rapid Transit Projects in Asia-Oceania
6.2.2 Asia Oceania TCMS Market, By Country
6.2.3 Asia Oceania TCMS Market, By Train Type
220.127.116.11 Asia Oceania: Metros & High Speed Train TCMS Market, By Country
18.104.22.168 Asia Oceania: EMU TCMS Market, By Country
22.214.171.124 Asia Oceania:DMU TCMS Market, By Country
6.3.1 Upcoming Rapid Transit Projects in Europe
6.3.2 Europe TCMS Market, By Country
6.3.3 Europe TCMS Market, By Train Type
126.96.36.199 Europe Metros & High Speed Trains TCMS Market, By Country
188.8.131.52 Europe: EMU TCMS Market, By Country
184.108.40.206 Europe:DMU TCMS Market, By Country
6.4 North America
6.4.1 Upcoming Rapid Transit Projects in North America
6.4.2 North America TCMS Market, By Country
6.4.3 North America TCMS Market, By Train Type
220.127.116.11 North America: Metro & High Speed Trains TCMS Market By Country
18.104.22.168 North America: Emc TCMS Market, By Country
22.214.171.124 North America: DMU TCMS Market, By Country
6.5.1 Upcoming Rapid Transit Projects in Rest of the World
6.5.2 RoW TCMS Market, By Country
6.5.3 RoW TCMS Market, By Train Type
126.96.36.199 RoW: Metros & High Speed Trains TCMS Market, By Country
188.8.131.52 RoW: EMU TCMS Market, By Country
184.108.40.206 RoW: DMU TCMS Market, By Country
The TCMS market is segmented by component (vehicle control unit, mobile communication gateway, human machine interface, and others), train type (metros & high-speed trains, EMU, and DMU), connectivity (GSM-R, Wi-Fi, TETRA, and others), and solution (PTC, CBTC, and ITC).
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