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