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Train Control and Management System Market: Global Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

Train Control and Management System Market: Global Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Train Control and Management System Market: By Component (Vehicle Control Unit, Mobile Communication Gateway, Human machine Interface (HMI), Others), By Solution (Positive Train Control (PTC), Communication-Based Train Control (CBTC), Integrated Train Control, Others), By Connectivity (Wi-Fi, GSM R, Tetra),  By Train Type (Metro & High Speed, Electric Multiple Units, Diesel Multiple Units) and Geography

 

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Report

Description

Train Control and Management System Market was valued at USD 3.56 million in 2021 and is expected to grow at a prominent growth rate 8.01% from 2022 to 2028. The global market report provides a thorough overview of the Train Control and Management System Market, which can be segmented by Component, Solution, Connectivity, Train Type, and Geography. Based on the component, the Train Control and Management System Market is segmented into the vehicle control unit, mobile communication gateway, human-machine interface (HMI), and others. The human-Machine interface segment is most likely to increase over the predicted timeframe in the wake of the multiple functionalities an HMI can provide. It can connect with other controlling units and can act as a central processing unit for train control and management. Based on the solution, the train control and management system market is segmented into Positive Train Control (PTC), Communication-Based Train Control (CBTC), Integrated Train Control, and Others. The communication-based train control system is the most commonly used train management system globally. Integrated systems are comparatively new which incorporates the functionality of PTC and CBTC, is expected to boost the market share in the forecast period. Based on connectivity, the train control and management system market is segmented into Wi-Fi, GSM R, and Tetra. GSM-R is the gold standard for train control and management globally and holds the most market share in the historic years. TETRA is optimized for seam less connection in the densely populated area. Both the segment is expected to witness growth in the foretell period. Based on train type, the train control and management system market is segmented into Metro & High Speed, Electric Multiple Units, and Diesel Multiple Units. with an increase in demand for faster mass-transport, the metro and high speed trains is expected to cover the majority market share in the forecast period.

Key Developments:

In November 2022, Rockfield Medical Devices Receives FDA Clearance for the Mobility+ Enteral Feeding System.

Train Control and Management System Market

MARKET SUMMARY
-
8.01%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR–8.01%
  • Largest Market– North American
  • Fastest Growing Market– Asia-Pacific

Train Control and Management System Market

  • The train control and management system market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The train control and management system market is segmented based on component, touchpoint , organization size, end User and geography.
Key Players
  • Mitsubishi Electric Corporation
  • Hitachi Ltd.
  • Bombardier Inc.
  • ABB
  • Thales Group
Train Control and Management System Market Drivers

By 2050, the United Nations Population Fund predicts that over 66% of the world’s population will live in cities. Traffic congestion and a rise in the demand for public transportation are caused by growing urbanization. China, India, as well as the developing nations of Africa and Latin America, are experiencing rapid urbanization trends. Road and air travel may both be effectively replaced by rail transit. Given the growing demand for passenger comfort and environmental concerns, rail transit is an effective mobility option for urban and interurban transportation networks. By growing transportation networks, it is now necessary to link larger cities with smaller ones as a result of rising urbanization.

North American Got Significant Share

Train Control and Management System Market

North American region is expected to witness the fastest expansion in the forecast period owing to the extensive investment by the government in the healthcare infrastructure. The Asia-Pacific region is expected to follow North America in terms of revenue generation.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share and forecast from 2022-2028
  • The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
Train Control and Management System Market Segmentation

segmentation-block-image

Component

    • Vehicle Control Unit
    • Mobile Communication Gateway
    • Human machine Interface (HMI)
    • Others
segmentation-block-image

Solution

    • Positive Train Control (PTC)
    • Communication-Based Train Control (CBTC)
    • Integrated Train Control
    • Others
segmentation-block-image

Connectivity

    •  Wi-Fi
    • GSM R
    • Tetra
segmentation-block-image

Train Type

    • Metro & High Speed
    • Electric Multiple Units
    • Diesel Multiple Units
Location

GEOGRAPHY

Frequently Asked Questions

Integrated train control systems are the fastest-growing segment in the forecast period. These advanced technology systems integrate communication, human-machine interaction, train and track live information in a single software.

 

 

 

 

Mitsubishi Electric Corporation, Hitachi Ltd., Bombardier Inc., ABB Thales Group, Siemens AG,  Toshiba Corporation, Rockwell Collins, MEN Mikro Elektronik GmbH, Eke Group, Tech Mahindra,  Knorr-Bremse AG, ALSTOM SA, CAF GROUP, EUTA-WERKE GmbH, Wabtec Corporation, Quester Tangent, HUBER+SUHNER, Leroy Automation, Amaronia Rail Ltd.

A nation’s railway infrastructure enhances the speed and effectiveness of its rail networks for moving both freight and passengers. Additionally, significant expenditures are needed to support the use of driverless trains. Governments of emerging nations are making large investments to satisfy the most recent technological configurations needed for driverless trains, which opens up tremendous market prospects.

The capital-intensive aspect of the railway control management system business, given how expensive trains are, is one of its main inhibitors. For instance, the Indian Railways nation’s first 12,000 horsepower (HP) electric locomotive is anticipated to cost over $200 billion. This demonstrates the substantial capital expenditure required to establish and maintain the rail network, which in turn restrains the market expansion for train control management systems.

Report

Table Of Content

1. Executive Summary
2. Global Train Control and Management System Market Introduction
2.1. Global Train Control and Management System Market – Taxonomy
2.2. Global Train Control and Management System Market –Definitions
2.2.1. Component
2.2.2. Solution
2.2.3. Connectivity
2.2.4. Train Type
3. Global Train Control and Management System Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Train Control and Management System Market Dynamic Factors – Impact Analysis
3.6. Global Train Control and Management System Market – Competition Landscape
4. Global Train Control and Management System Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Train Control and Management System Market Forecast, By Component, 2017 – 2021 and Forecast, 2022 – 2028
5.1. Vehicle Control Unit
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Mobile Communication Gateway
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Human machine Interface (HMI)
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Others
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
6. Global Train Control and Management System Market Forecast, By Solution, 2017 – 2021 and Forecast, 2022 – 2028
6.1. Positive Train Control (PTC)
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Communication-Based Train Control (CBTC)
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Integrated Train Control
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Others
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
7. Global Train Control and Management System Market Forecast, By Connectivity, 2017 – 2021 and Forecast, 2022 – 2028
7.1. Wi-Fi
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. GSM R
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Tetra
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Train Control and Management System Market Forecast, By Train Type, 2017 – 2021 and Forecast, 2022 – 2028
8.1. Metro & High Speed
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Electric Multiple Units
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Diesel Multiple Units
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
9. Global Train Control and Management System Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
9.1. North America
9.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Train Control and Management System Market – Opportunity Analysis Index, By Component, By Solution, By Connectivity, By Train Type, and Region, 2022 – 2028
10. North America Train Control and Management System Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
10.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.1.1. Vehicle Control Unit
10.1.2. Mobile Communication Gateway
10.1.3. Human machine Interface (HMI)
10.1.4. Others
10.2. Solution Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Positive Train Control (PTC)
10.2.2. Communication-Based Train Control (CBTC)
10.2.3. Integrated Train Control
10.3. Connectivity Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Wi-Fi
10.3.2. GSM-R
10.3.3. TETRA
10.4. Train Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Metro & High Speed
10.4.2. Electric Multiple Units
10.4.3. Diesel Multiple Units
10.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Train Control and Management System Market – Opportunity Analysis Index, By Component, By Solution, By Connectivity, By Train Type, and Country, 2022 – 2028
10.7. North America Train Control and Management System Market Dynamics – Trends
11. Europe Train Control and Management System Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
11.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.1.1. Vehicle Control Unit
11.1.2. Mobile Communication Gateway
11.1.3. Human machine Interface (HMI)
11.1.4. Others
11.2. Solution Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Positive Train Control (PTC)
11.2.2. Communication-Based Train Control (CBTC)
11.2.3. Integrated Train Control
11.3. Connectivity Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Wi-Fi
11.3.2. GSM-R
11.3.3. TETRA
11.4. Train Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Metro & High Speed
11.4.2. Electric Multiple Units
11.4.3. Diesel Multiple Units
11.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Poland
11.5.8. Rest of Europe
11.6. Europe Train Control and Management System Market – Opportunity Analysis Index, By Component, By Solution, By Connectivity, By Train Type and Country, 2022 – 2028
11.7. Europe Train Control and Management System Market Dynamics – Trends
12. Asia-Pacific Train Control and Management System Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
12.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.1.1. Vehicle Control Unit
12.1.2. Mobile Communication Gateway
12.1.3. Human machine Interface (HMI)
12.1.4. Others
12.2. Solution Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Positive Train Control (PTC)
12.2.2. Communication-Based Train Control (CBTC)
12.2.3. Integrated Train Control
12.3. Connectivity Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Wi-Fi
12.3.2. GSM-R
12.3.3. TETRA
12.4. Train Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Metro & High Speed
12.4.2. Electric Multiple Units
12.4.3. Diesel Multiple Units
12.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Train Control and Management System Market – Opportunity Analysis Index, By Component, By Solution, By Connectivity, By Train Type and Country, 2022 – 2028
12.7. Asia-Pacific Train Control and Management System Market Dynamics – Trends
13. Latin America Train Control and Management System Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
13.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.1.1. Vehicle Control Unit
13.1.2. Mobile Communication Gateway
13.1.3. Human machine Interface (HMI)
13.1.4. Others
13.2. Solution Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Positive Train Control (PTC)
13.2.2. Communication-Based Train Control (CBTC)
13.2.3. Integrated Train Control
13.3. Connectivity Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Wi-Fi
13.3.2. GSM-R
13.3.3. TETRA
13.4. Train Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Metro & High Speed
13.4.2. Electric Multiple Units
13.4.3. Diesel Multiple Units
13.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Argentina
13.5.4. Rest of Latin America
13.6. Latin America Train Control and Management System Market – Opportunity Analysis Index, By Component, By Solution, By Connectivity, By Train Type and Country, 2022 – 2028
13.7. Latin America Train Control and Management System Market Dynamics – Trends
14. Middle East and Africa Train Control and Management System Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
14.1. Component Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.1.1. Vehicle Control Unit
14.1.2. Mobile Communication Gateway
14.1.3. Human machine Interface (HMI)
14.1.4. Others
14.2. Solution Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. Positive Train Control (PTC)
14.2.2. Communication-Based Train Control (CBTC)
14.2.3. Integrated Train Control
14.3. Connectivity Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Wi-Fi
14.3.2. GSM-R
14.3.3. TETRA
14.4. Train Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Metro & High Speed
14.4.2. Electric Multiple Units
14.4.3. Diesel Multiple Units
14.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. Israel
14.5.3. South Africa
14.5.4. Rest of MEA
14.6. MEA Train Control and Management System Market – Opportunity Analysis Index, By Component, By Solution, By Connectivity, By Train Type and Country, 2022 – 2028
14.7. MEA Train Control and Management System Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Feedstock Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Mitsubishi Electric Corporation
15.2.2. Hitachi Ltd.
15.2.3. Bombardier Inc.
15.2.4. ABB
15.2.5. Thales Group
15.2.6. Siemens AG
15.2.7. Toshiba Corporation
15.2.8. Rockwell Collins
15.2.9. MEN Mikro Elektronik GmbH
15.2.10. Eke Group
15.2.11. Tech Mahindra (India).
15.2.12. Knorr-Bremse AG
15.2.13. ALSTOM SA
15.2.14. CAF GROUP
15.2.15. DEUTA-WERKE GmbH
15.2.16. Wabtec Corporation
15.2.17. Quester Tangent
15.2.18. HUBER+SUHNER
15.2.19. Leroy Automation
15.2.20. Amaronia Rail Ltd.
16. Research Methodology
17. Key Assumptions and Acronyms
Report

Company Profile

  • Mitsubishi Electric Corporation
  • Hitachi Ltd.
  • Bombardier Inc.
  • ABB
  • Thales Group
  • Siemens AG
  • Toshiba Corporation
  • Rockwell Collins
  • MEN Mikro Elektronik GmbH
  • Eke Group
  • Tech Mahindra (India).
  • Knorr-Bremse AG
  • ALSTOM SA
  • CAF GROUP
  • DEUTA-WERKE GmbH
  • Wabtec Corporation
  • Quester Tangent
  • HUBER+SUHNER
  • Leroy Automation
  • Amaronia Rail Ltd.

Description

Train Control and Management System Market was valued at USD 3.56 million in 2021 and is expected to grow at a prominent growth rate 8.01% from 2022 to 2028. The global market report provides a thorough overview of the Train Control and Management System Market, which can be segmented by Component, Solution, Connectivity, Train Type, and Geography. Based on the component, the Train Control and Management System Market is segmented into the vehicle control unit, mobile communication gateway, human-machine interface (HMI), and others. The human-Machine interface segment is most likely to increase over the predicted timeframe in the wake of the multiple functionalities an HMI can provide. It can connect with other controlling units and can act as a central processing unit for train control and management. Based on the solution, the train control and management system market is segmented into Positive Train Control (PTC), Communication-Based Train Control (CBTC), Integrated Train Control, and Others. The communication-based train control system is the most commonly used train management system globally. Integrated systems are comparatively new which incorporates the functionality of PTC and CBTC, is expected to boost the market share in the forecast period. Based on connectivity, the train control and management system market is segmented into Wi-Fi, GSM R, and Tetra. GSM-R is the gold standard for train control and management globally and holds the most market share in the historic years. TETRA is optimized for seam less connection in the densely populated area. Both the segment is expected to witness growth in the foretell period. Based on train type, the train control and management system market is segmented into Metro & High Speed, Electric Multiple Units, and Diesel Multiple Units. with an increase in demand for faster mass-transport, the metro and high speed trains is expected to cover the majority market share in the forecast period.

Key Developments:

In November 2022, Rockfield Medical Devices Receives FDA Clearance for the Mobility+ Enteral Feeding System.

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