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Automatic Train Control Market Growing at a CAGR 10.3% | Key Player Bombardier, Cisco, Hitachi, Toshiba, Alstom

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Automatic Train Control Market Growing at a CAGR 10.3% | Key Player Bombardier, Cisco, Hitachi, Toshiba, Alstom

July 07
18:14 2021
Automatic Train Control Market Growing at a CAGR 10.3% | Key Player Bombardier, Cisco, Hitachi, Toshiba, Alstom

Thales (France), Bombardier (Canada), Toshiba (Japan), Alstom (France), Tech Mahindra (India), WSP (Canada), Cisco (US), Hitachi (Japan), GE (US), and Siemens (Germany).
Automatic Train Control Market by Automation (GoA 1, GoA 2, GoA 3, GoA 4), Service (Consulting, Integration & Deployment), Train Type (Urban (Metro & High-Speed Trains), Mainline (Passenger & Freight Trains)), and Region – Global Forecast to 2023

The global Automatic Train Control (ATC) Market size is expected to grow from USD 2.2 billion in 2018 to USD 3.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period (2018–2023). Major driving factors for the ATC market are the high population growth, hyper urbanization, and technological advancements for improving passenger convenience.

GoA 2 segment to account for the largest market size during the forecast period

The GoA 2 segment is expected to hold the largest market size in the ATC market by automation. GoA 2 includes semi-automation train operations. GoA 2-based systems provide full ATP and ATO, along with a train operator stationed at the control cab. ATO systems control train movement by commanding train acceleration and deceleration. The movement of the train is supervised by the ATP system. Under GoA 2, the train operator monitors trackside conditions ahead of the train and is responsible for closing passenger doors and operating the train in the event of any disruption. However, setting the train in motion and stopping the train are performed automatically.

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Integration and deployment services segment to account for a larger market size during the forecast period

Integration and deployment services help identify the need for adaptations or upgradations to support the ATC software in the existing infrastructure and avoid the restriction of such software. These services help in speedy deployment, save time and costs, enable efficient working, and minimize deployment-related disruptions. Integration and deployment services begin with collecting customers’ requirements, and then deploying, integrating, testing, and rolling out solutions. Integration and deployment service providers help end users integrate smart infrastructure solutions with their existing infrastructures. These services help in deploying the best-in-class solutions, independent of the vendor, to develop highly optimized smart railways.

Major ATC market vendors include Thales (France), Bombardier (Canada), Toshiba (Japan), Alstom (France), Tech Mahindra (India), WSP (Canada), Cisco (US), Hitachi (Japan), GE (US), and Siemens (Germany). These players have adopted various growth strategies, such as partnerships, agreements, and collaborations; and product launches, to further expand their presence in the global ATC market. Partnerships and agreements have been the most adopted by the major players from 2016 to 2018, which helped them innovate their offerings and broaden their customer base.

Alstom is one of the prominent providers of solutions for passenger transportation, signaling, and control systems for locomotives. Alstom’s ATO is a control system solution, which enables the railway operators by controlling the train speed and monitoring driving regularity. Alstom focuses on inorganic business strategies, such as agreements and partnerships. For instance, in April 2018, Alstom signed an agreement with RATP to provide the ATO system. Alstom would provide the onboard system, which carries out ATO while its radio system transmits data between the train and the ground.

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Bombardier is a leading vendor in the ATC market. The company focuses on developing an enhanced product portfolio for the emerging markets and expanding its local footprints. It forged strategic partnerships and alliances with the regional, local players to cater to the market and enter the local industry. The strategic intent of the company is to expand its ATC systems, integrated control systems, computer, relay-based interlocking systems, radio-based rail control and signaling systems, electrical and mechanical systems, and CBTC solution portfolio. Bombardier, in the ATC market, offers the CITYFLO solution, which provides a full range of ATC technologies and operating modes for all urban operations from trams to light rail vehicles, monorails, and high-capacity metros.

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