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Train Collision Avoidance System Market Size, Share & Industry Analysis, By Type (Radar, RFID, Others), By Application Type (Passenger Trains, Freight Trains) and Regional Forecast, 2024-2032

Region : Global | Report ID: FBI103604 | Status : Ongoing

 

KEY MARKET INSIGHTS

The train collision avoidance systems helps in achieving the passenger safety and cyber security in trains by avoiding the trains collisions or accidents. The train collision avoidance system is also known as the traffic alert system. This system is an autonomous railway traffic monitoring system which is designed to identify the location of trains that are travelling from a distance using radio-frequency identification (RFID) technology mounted on the tracks and signals transmitted from various stations in order to avoid collisions with other trains. The system functions independently on ground apparatus, and advises the pilots about the obstacles and hindrances, as well as prevents the trains from colliding from all sides. The European Train Control System and the European Railway Traffic Management System play a fundamental role in developing the train collision avoidance systems. The system software utilises information provided by the sensors to detect obstacles on track such as pedestrians, impediments, or vehicles and other trains on the same track. This system also offers various specification such as warning systems, high level of driver assistance, as well as interfaces with the emergency braking system. Commuters tend to share and diversify mobility, such as light rail transportation or long-distance commuting public transportation in certain countries including France, Switzerland, Germany, the United Kingdom, the United States, and Japan which in turn is projected to create high demand for the train collision avoidance system market. Moreover, the adoption of the Internet of Things in railway operations will help in reducing the failures and network downtime, as well as improve customer satisfaction. The increasing popularity of the IoT in railways is expected to be one of the key developments that is likely to increase the demand for train collision avoidance systems during the forecast period.


Key Market Driver -

Computer interventions and adoption of IoT in railways is expected to drive the growth of the market in the forecast period.

Key Market Restraint -

Lack of investments form the authorities and malfunctioning of the systems may hinder the growth of the market during the forecast period


Market Segmentation:


Globally, the train collision avoidance system market is segmented by type, by application type, and by geographic coverage. Based on type, the market is further segmented into radars, RFID and other types. The RFID segment holds the significant share in the global market. The RFID tags are installed on the railway tracks and train engines to avoid train collisions and ensure safe operations of the trains. The RFID sensors detects the path of the train and sends signals to the pilot in the train regarding any obstacles found on the track. The RFIDs in train collision avoidance system helps in programming of the engines. The Indian Railways are working on the utilization of RFID for the improvement of transportation and signal handling. Thus, the demand for RFIDs in train collision avoidance system is expected to boost in the coming years. The application type is further segmented into passenger trains and freight trains. The expansion of the railway network and the increasing use of trains by commuters as a preferred mode of transportation is likely to boost the demand for passenger trains. Therefore, the initiative taken by the railway and government authorities to develop high-speed rail networks in emerging countries, especially in Asia Pacific region, is projected to create high opportunities for train collision avoidance system market during the forecast period. The freight trains are also showing a substantial growth in the global market. The increase in the import and export activities around the world owing to the increasing demand for fleet. Thus, the freight train segment is likely to propel the train collision avoidance system market over the forecast period.

Key Players:


Major players operating in the global train collision avoidance system market include Siemens, Bombardier, Raytheon Technologies Corporation, and HBL Power Systems Ltd among others.

Key Insights



  • New Advancements in train collision avoidance system

  • Number of Products, Key Countries, 2019

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the train collision avoidance system market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific accounts for the largest share in the global train collision avoidance system market and is expected to uphold its dominance over the forecast period owing to the adoption of technologically advanced features, adoption of IoT and computerised systems in railways as well as the increasing GDP of this region. The railway industry in several developing and developed countries such as China, India, South Korea, Japan and Australia are investing high amount of money on research to develop and transform the traditional railway system into advanced and smart operating system equipped railway safety assistance functionalities in order to enhance the safety and security of railways and commuters. Furthermore, countries such as India and China are the major contributors in the railway business across the globe owing to the rapid deployment of advanced safety and security systems.

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Segmentation






















 ATTRIBUTE

  DETAILS

By Type



  • Radar

  • RFID

  • Others



By Application Type



  • Passenger Trains

  • Freight Trains



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



  • Ongoing
  • 2023
  • 2019-2022

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