Europe and Japan Long Range Obstacle Detection System Market
Description
The Europe and Japan railway level crossing obstacle detection systems market was valued at $0.24 billion in 2023 and is projected to reach $0.47 billion by 2033, registering a CAGR of 7.12% from 2023 to 2033.
The railway level crossing obstacle detection system consists of technologies that spot hurdles such as vehicles or individuals at railway tracks. This system is crucial for the safety of train operators, passengers, & pedestrians and to protect railway resources. The major benefits of installing obstacle detection systems include reduced accidents, minimized delays, and prevention of unwanted expenditure. Moreover, the use of camera and satellite systems provides real-time information, which accelerates the decision-making process.
The enforcement of stringent railway security standards by regulatory bodies such as the Ministry of Land, Infrastructure, Transport, and Tourism in Japan and the European Railway Agency fuels the installation of detection systems and augments the development of the market. In addition, rise in investments in high-precision detection systems in Japan and European countries is a key driver of the market. An emerging trend gaining prominence in the market is the integration of AI algorithms into detection systems to enhance their reliability and efficacy. The ability of AI to recognize & differentiate between the types of hurdles is projected to refine responses by analyzing the urgency and potentiality of accidents.
Despite the deployment of smart technology in detection systems, challenges associated with range and vision prevent early detection of hazards. This results in the unpreparedness of pilots to stop the trains on time, making the detection systems ineffective and hampering the development of the market. Contrarily, with rising investments by regulatory organizations to resolve such defects in the railway level crossing obstacle detection systems, the market is expected to witness lucrative opportunities in coming years. For instance, the European Union invested in a rail project called SMART2 that has developed trackside and airborne detection systems associated with a decision support system in the trains. This project has led to expansion of the detection area up to 2,000 meters and visibility of views beyond curves, slopes, or tunnels. Therefore, such innovations are poised to enhance the safety & operational reliability of railway systems and open new avenues for the market.
Segment Review
The Europe and Japan railway level crossing obstacle detection systems market is segmented into system type, railway system, application, and country. Depending upon system type, the market is divided into radar-based, LiDAR-based, camera-based, 3D laser-based, and satellite-based. As per railway system, it is bifurcated into urban rail transit system and heavy rail. On the basis of application, it is classified into unmanned crossing and manned crossing. Country wise, it is analyzed across Japan and Europe (the UK, Germany, Italy, France, Belgium, Sweden, Spain, Romania, and rest of Europe).
Key Findings:
Depending upon the system type, the radar-based segment generated the highest share of the market in 2023.
As per railway system, the urban rail transit system dominated the market, in terms of share, in 2023.
On the basis of application, the unmanned crossing segment was the highest shareholder in 2023.
Country wise, rest of Europe was the highest revenue generator in 2023.
Competitive Analysis
The key players operating in the Europe and Japan railway level crossing obstacle detection systems market are Scheidt & Bachmann GmbH, Efacec, MER MEC S.p.A, Voestalpine Railway Systems GmbH, Electrans S.A., IHI Corporation, IDS Ingegneria Dei Sistemi S.p.A., Nippon Signal Co., Ltd., Kyosan Electric Manufacturing Co., Ltd., and Siemens. These major players have adopted various key development strategies such as product launch, partnership, and acquisition to strengthen their foothold in the competitive market. The research methodology of the global market involves extensive primary and secondary research. Primary research includes about over 12 hours of interviews and discussion with a wide range of stakeholders, including upstream and downstream participants. The primary research typically is the bulk of our research efforts; however, coherently supported by extensive secondary research. Researchers have reviewed over 6,765 product literatures, industry releases, annual reports, and other such documents of key industry participants to obtain better market understanding and gain competitive intelligence. In addition, authentic industry journals, trade associations' releases,and government websites have also been reviewed for generating high-value industry insights.
The railway level crossing obstacle detection system consists of technologies that spot hurdles such as vehicles or individuals at railway tracks. This system is crucial for the safety of train operators, passengers, & pedestrians and to protect railway resources. The major benefits of installing obstacle detection systems include reduced accidents, minimized delays, and prevention of unwanted expenditure. Moreover, the use of camera and satellite systems provides real-time information, which accelerates the decision-making process.
The enforcement of stringent railway security standards by regulatory bodies such as the Ministry of Land, Infrastructure, Transport, and Tourism in Japan and the European Railway Agency fuels the installation of detection systems and augments the development of the market. In addition, rise in investments in high-precision detection systems in Japan and European countries is a key driver of the market. An emerging trend gaining prominence in the market is the integration of AI algorithms into detection systems to enhance their reliability and efficacy. The ability of AI to recognize & differentiate between the types of hurdles is projected to refine responses by analyzing the urgency and potentiality of accidents.
Despite the deployment of smart technology in detection systems, challenges associated with range and vision prevent early detection of hazards. This results in the unpreparedness of pilots to stop the trains on time, making the detection systems ineffective and hampering the development of the market. Contrarily, with rising investments by regulatory organizations to resolve such defects in the railway level crossing obstacle detection systems, the market is expected to witness lucrative opportunities in coming years. For instance, the European Union invested in a rail project called SMART2 that has developed trackside and airborne detection systems associated with a decision support system in the trains. This project has led to expansion of the detection area up to 2,000 meters and visibility of views beyond curves, slopes, or tunnels. Therefore, such innovations are poised to enhance the safety & operational reliability of railway systems and open new avenues for the market.
Segment Review
The Europe and Japan railway level crossing obstacle detection systems market is segmented into system type, railway system, application, and country. Depending upon system type, the market is divided into radar-based, LiDAR-based, camera-based, 3D laser-based, and satellite-based. As per railway system, it is bifurcated into urban rail transit system and heavy rail. On the basis of application, it is classified into unmanned crossing and manned crossing. Country wise, it is analyzed across Japan and Europe (the UK, Germany, Italy, France, Belgium, Sweden, Spain, Romania, and rest of Europe).
Key Findings:
Depending upon the system type, the radar-based segment generated the highest share of the market in 2023.
As per railway system, the urban rail transit system dominated the market, in terms of share, in 2023.
On the basis of application, the unmanned crossing segment was the highest shareholder in 2023.
Country wise, rest of Europe was the highest revenue generator in 2023.
Competitive Analysis
The key players operating in the Europe and Japan railway level crossing obstacle detection systems market are Scheidt & Bachmann GmbH, Efacec, MER MEC S.p.A, Voestalpine Railway Systems GmbH, Electrans S.A., IHI Corporation, IDS Ingegneria Dei Sistemi S.p.A., Nippon Signal Co., Ltd., Kyosan Electric Manufacturing Co., Ltd., and Siemens. These major players have adopted various key development strategies such as product launch, partnership, and acquisition to strengthen their foothold in the competitive market. The research methodology of the global market involves extensive primary and secondary research. Primary research includes about over 12 hours of interviews and discussion with a wide range of stakeholders, including upstream and downstream participants. The primary research typically is the bulk of our research efforts; however, coherently supported by extensive secondary research. Researchers have reviewed over 6,765 product literatures, industry releases, annual reports, and other such documents of key industry participants to obtain better market understanding and gain competitive intelligence. In addition, authentic industry journals, trade associations' releases,and government websites have also been reviewed for generating high-value industry insights.
Table of Contents
186 Pages
- CHAPTER 1:INTRODUCTION
- 1.1.Report Description
- 1.2.Key market segments
- 1.3.Key benefits
- 1.4.Research methodology
- 1.4.1.Primary research
- 1.4.2.Secondary research
- 1.4.3.Analyst tools and models
- CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.CXO Perspective
- CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.1.1.Top investment pockets
- 3.2.Porter’s five forces analysis
- 3.2.1.Bargaining power of suppliers
- 3.2.2.Bargaining power of buyers
- 3.2.3.Threat of substitution
- 3.2.4.Threat of new entrants
- 3.2.5.Intensity of competitive rivalry
- 3.3.Market Dynamics
- 3.3.1.Drivers
- 3.3.1.1.Safety Regulations and Standards
- 3.3.1.2.Technological Advancements
- 3.3.1.3.Focus on Autonomous and Smart Transport
- 3.3.2.Restraints
- 3.3.2.1.High Implementation and Maintenance Costs
- 3.3.3.Opportunities
- 3.3.3.1.Government Infrastructure Initiatives
- CHAPTER 4:EUROPE AND JAPAN RAILWAY LEVEL CROSSING OBSTACLE DETECTION SYSTEMS MARKET, BY RAILWAY SYSTEM
- 4.1.Market overview
- 4.1.1.Market size and forecast
- 4.1.2.Market size and forecast
- 4.2.Urban Rail Transit System
- 4.2.1.Key market trends, growth factors and opportunities
- 4.3.Heavy Rail
- 4.3.1.Key market trends, growth factors and opportunities
- CHAPTER 5:EUROPE AND JAPAN RAILWAY LEVEL CROSSING OBSTACLE DETECTION SYSTEMS MARKET, BY SYSTEM TYPE
- 5.1.Market overview
- 5.1.1.Market size and forecast
- 5.1.2.Market size and forecast
- 5.2.Radar Based
- 5.2.1.Key market trends, growth factors and opportunities
- 5.3.LiDar Based
- 5.3.1.Key market trends, growth factors and opportunities
- 5.4.Camera Based
- 5.4.1.Key market trends, growth factors and opportunities
- 5.5.3D Laser Based
- 5.5.1.Key market trends, growth factors and opportunities
- 5.6.Satellite Based
- 5.6.1.Key market trends, growth factors and opportunities
- CHAPTER 6:EUROPE AND JAPAN RAILWAY LEVEL CROSSING OBSTACLE DETECTION SYSTEMS MARKET, BY APPLICATION
- 6.1.Market overview
- 6.1.1.Market size and forecast
- 6.1.2.Market size and forecast
- 6.2.Unmanned Crossing
- 6.2.1.Key market trends, growth factors and opportunities
- 6.3.Manned Crossing
- 6.3.1.Key market trends, growth factors and opportunities
- CHAPTER 7:EUROPE RAILWAY LEVEL CROSSING OBSTACLE DETECTION SYSTEMS MARKET, BY COUNTRY
- 7.1.Europe
- 7.1.1.Key market trends, growth factors, and opportunities
- 7.1.2.Market size and forecast, by country
- 7.1.2.1.UK
- 7.1.2.1.1.Market size and forecast, by railway system
- 7.1.2.1.2.Market size and forecast, by system type
- 7.1.2.1.3.Market size and forecast, by Application
- 7.1.2.2.Germany
- 7.1.2.2.1.Market size and forecast, by railway system
- 7.1.2.2.2.Market size and forecast, by system type
- 7.1.2.2.3.Market size and forecast, by Application
- 7.1.2.3.Italy
- 7.1.2.3.1.Market size and forecast, by railway system
- 7.1.2.3.2.Market size and forecast, by system type
- 7.1.2.3.3.Market size and forecast, by Application
- 7.1.2.4.France
- 7.1.2.4.1.Market size and forecast, by Railway system
- 7.1.2.4.2.Market size and forecast, by system type
- 7.1.2.4.3.Market size and forecast, by Application
- 7.1.2.5.Belgium
- 7.1.2.5.1.Market size and forecast, by Railway system
- 7.1.2.5.2.Market size and forecast, by system type
- 7.1.2.5.3.Market size and forecast, by Application
- 7.1.2.6.Sweden
- 7.1.2.6.1.Market size and forecast, by Railway system
- 7.1.2.6.2.Market size and forecast, by system type
- 7.1.2.6.3.Market size and forecast, by Application
- 7.1.2.7.Romania
- 7.1.2.7.1.Market size and forecast, by Railway system
- 7.1.2.7.2.Market size and forecast, by system type
- 7.1.2.7.3.Market size and forecast, by Application
- 7.1.2.8.Spain
- 7.1.2.8.1.Market size and forecast, by Railway system
- 7.1.2.8.2.Market size and forecast, by system type
- 7.1.2.8.3.Market size and forecast, by Application
- 7.1.2.9.Rest of Europe
- 7.1.2.9.1.Market size and forecast, by Railway system
- 7.1.2.9.2.Market size and forecast, by system type
- 7.1.2.9.3.Market size and forecast, by Application
- CHAPTER 8:JAPAN RAILWAY LEVEL CROSSING OBSTACLE DETECTION SYSTEMS MARKET
- 8.1.Japan
- 8.1.1.Market size and forecast, by railway system
- 8.1.2.Market size and forecast, by system type
- 8.1.3.Market size and forecast, by Application
- CHAPTER 9:COMPETITIVE LANDSCAPE
- 9.1.Introduction
- 9.2.Top winning strategies
- 9.2.1.Top winning strategies, by year, 2021-2024*
- 9.2.2.Top winning strategies, by development, 2021-2024*(%)
- 9.2.3.Top winning strategies, by company, 2021-2024*
- 9.3.Product mapping of top 10 players
- 9.4.Competitive dashboard
- 9.5.Competitive heatmap
- 9.6.Top player positioning
- CHAPTER 10:COMPANY PROFILES
- 10.1.SCHEIDT & BACHMANN GmbH
- 10.1.1.Company overview
- 10.1.2.Key executive
- 10.1.3.Company snapshot
- 10.1.4.Operating business segments
- 10.1.5.Product portfolio
- 10.2.EFACEC
- 10.2.1.Company overview
- 10.2.2.Key executives
- 10.2.3.Company snapshot
- 10.2.4.Operating business segments
- 10.2.5.Product portfolio
- 10.2.6.Key strategic moves and developments
- 10.3.MER MEC S.P.A
- 10.3.1.Company overview
- 10.3.2.Key executives
- 10.3.3.Company snapshot
- 10.3.4.Operating business segments
- 10.3.5.Product portfolio
- 10.3.6.Key strategic moves and developments
- 10.4.VOESTALPINE RAILWAY SYSTEMS GmbH
- 10.4.1.Company overview
- 10.4.2.Key executives
- 10.4.3.Company snapshot
- 10.4.4.Operating business segments
- 10.4.5.Product portfolio
- 10.4.6.Business Performance
- 10.5.ELECTRANS, S.A.
- 10.5.1.Company overview
- 10.5.2.Key executives
- 10.5.3.Company snapshot
- 10.5.4.Operating business segments
- 10.5.5.Product portfolio
- 10.6.IHI CORPORATION
- 10.6.1.Company overview
- 10.6.2.Key executives
- 10.6.3.Company snapshot
- 10.6.4.Operating business segments
- 10.6.5.Product portfolio
- 10.6.6.Business Performance
- 10.7.IDS INGEGNERIA DEI SISTEMI S.P.A
- 10.7.1.Company overview
- 10.7.2.Key executives
- 10.7.3.Company snapshot
- 10.7.4.Operating business segments
- 10.7.5.Product portfolio
- 10.7.6.Business Performance
- 10.8.NIPPON SIGNAL CO., LTD
- 10.8.1.Company overview
- 10.8.2.Key executive
- 10.8.3.Company snapshot
- 10.8.4.Operating business segments
- 10.8.5.Product portfolio
- 10.8.6.Business Performance
- 10.9.KYOSAN ELECTRIC MFG. CO., LTD
- 10.9.1.Company overview
- 10.9.2.Key executives
- 10.9.3.Company snapshot
- 10.9.4.Operating business segments
- 10.9.5.Product portfolio
- 10.9.6.Business Performance
- 10.10.SIEMENS
- 10.10.1.Company overview
- 10.10.2.Key executive
- 10.10.3.Company snapshot
- 10.10.4.Operating business segments
- 10.10.5.Product portfolio
- 10.10.6.Business Performance
- 10.10.7.Key strategic moves and developments
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