Global Communications-Based Train Control (CBTC) Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Communications-Based Train Control (CBTC) Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Communications-based train control (CBTC) is a railway signaling system that makes use of the telecommunications between the train and track equipment for the traffic management and infrastructure control. By means of the CBTC systems, the exact position of a train is known more accurately than with the traditional signaling systems. This results in a more efficient and safe way to manage the railway traffic. Metros (and other railway systems) are able to improve headways while maintaining or even improving safety.

According to our (Global Info Research) latest study, the global Communications-Based Train Control (CBTC) market size was valued at US$ 2064 million in 2023 and is forecast to a readjusted size of USD 2960 million by 2030 with a CAGR of 5.3% during review period.

The main companies of global communications-based train control (CBTC) include Alstom SA, CRSC, BJ-TCT, etc. These top 3 companies hold a market share about 80%. Asia-Pacific is the largest market, with a share about 40%, followed by Europe and North America with the share about 30% and 20%.In terms of product, basic CBTC is the largest segment, with a share over 30%. And in terms of application, the largest application is passenger and freight rail system, followed by city metro system.

This report is a detailed and comprehensive analysis for global Communications-Based Train Control (CBTC) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Communications-Based Train Control (CBTC) market size and forecasts, in consumption value ($ Million), 2019-2030

Global Communications-Based Train Control (CBTC) market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Communications-Based Train Control (CBTC) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Communications-Based Train Control (CBTC) market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Communications-Based Train Control (CBTC)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Communications-Based Train Control (CBTC) market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Alstom SA, CRSC, BJ-TCT, Siemens AG, Hitachi Ltd., Mitsubishi Electric, Nippon Signal, UniTTEC, Wabtec Corporation, Toshiba, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Communications-Based Train Control (CBTC) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Communications-Based Train Control (CBTC) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Basic CBTC
I-CBTC

Market segment by Application
City Metro System
Passenger and Freight Rail System

Market segment by players, this report covers
Alstom SA
CRSC
BJ-TCT
Siemens AG
Hitachi Ltd.
Mitsubishi Electric
Nippon Signal
UniTTEC
Wabtec Corporation
Toshiba

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

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

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Communications-Based Train Control (CBTC) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Communications-Based Train Control (CBTC), with revenue, gross margin, and global market share of Communications-Based Train Control (CBTC) from 2019 to 2024.

Chapter 3, the Communications-Based Train Control (CBTC) competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Communications-Based Train Control (CBTC) market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Communications-Based Train Control (CBTC).

Chapter 13, to describe Communications-Based Train Control (CBTC) research findings and conclusion.