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Global Train Collision Avoidance System Market 2019-2023

Global Train Collision Avoidance System Market 2019-2023

About this market

Countries across the globe are developing high-speed trains to provide cost-effective and safe transportation. One of the primary factors for this is increase in disposable income among the lower middle-class population across emerging economies. The expanding railway network and incremental use of trains by passengers as the preferred mode of transport boost the demand for high-speed rail. Hence, the initiative toward the development of high-speed rail networks in emerging economies, especially in South Asian countries, is anticipated to increase the demand for train collision avoidance system (TCAS) during the forecast period. Technavio’s analysts have predicted that the train collision avoidance system market will register a CAGR of over 11% by 2023.

Market Overview

Rising need for safety in railways

The rising number of railway accidents and the need for passenger safety across countries are driving the adoption of TCAS. Hence, countries are focusing on implementing TCAS and connected railway systems to reduce or eliminate rail collisions.

High initial capital investment in railways

Lack of funds is a major challenge for the growth of the railway industry. Rail projects are associated with high investments in the initial phase of projects, making them capital intensive in nature. Initial investments are mainly for labor and raw materials such as iron and equipment and machinery.

For the detailed list of factors that will drive and challenge the growth of the train collision avoidance system market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global smart railways systems market
      • Table Segments of global smart railways systems market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Freight trains - Market size and forecast 2018-2023
      • Table Freight trains - Market size and forecast 2018-2023 ($ millions)
      • Table Freight trains - Year-over-year growth 2019-2023 (%)
    • Passenger trains - Market size and forecast 2018-2023
      • Table Passenger trains - Market size and forecast 2018-2023 ($ millions)
      • Table Passenger trains - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Percentage contribution of types of rail accidents in EU-28 in 2016 (%)
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Development of battery-operated electric trains
    • Increasing adoption of IoT in railways
    • Rise in key consolidation activities
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bombardier
      • Table Bombardier - Vendor overview
      • Table Bombardier - Business segments
      • Table Bombardier - Organizational developments
      • Table Bombardier - Geographic focus
      • Table Bombardier - Segment focus
      • Table Bombardier - Key offerings
    • HBL Power Systems Ltd.
      • Table HBL Power Systems Ltd. - Vendor overview
      • Table HBL Power Systems Ltd. - Business segments
      • Table HBL Power Systems Ltd. - Organizational developments
      • Table HBL Power Systems Ltd. - Segment focus
      • Table HBL Power Systems Ltd. - Key offerings
    • Siemens AG
      • Table Siemens AG - Vendor overview
      • Table Siemens AG - Business segments
      • Table Siemens AG - Organizational developments
      • Table Siemens AG - Geographic focus
      • Table Siemens AG - Segment focus
      • Table Siemens AG - Key offerings
    • Thales Group
      • Table Thales Group - Vendor overview
      • Table Thales Group - Business segments
      • Table Thales Group - Organizational developments
      • Table Thales Group - Geographic focus
      • Table Thales Group - Segment focus
      • Table Thales Group - Key offerings
    • UNITED TECHNOLOGIES
      • Table UNITED TECHNOLOGIES - Vendor overview
      • Table UNITED TECHNOLOGIES - Business segments
      • Table UNITED TECHNOLOGIES - Organizational developments
      • Table UNITED TECHNOLOGIES - Geographic focus
      • Table UNITED TECHNOLOGIES - Segment focus
      • Table UNITED TECHNOLOGIES - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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