Global Autonomous Train Market Size, Share, Growth Analysis, By Train Type (Metro/Monorail, High-speed Rail), By Application (Passenger, Freight), By Grade of Automation (GoA 1, GoA 2), By Region -Industry Forecast 2025-2032
Report ID:
SQMIG25C2157 |
Region:
Global |
Published Date: December, 2024
Pages:
197
|Tables:
0
|Figures:
0
Autonomous Train Market Insights
Global Autonomous Train Market size was valued at USD 9.22 Billion in 2022 and is poised to grow from USD 9.8 Billion in 2023 to USD 15.5 Billion by 2031, at a CAGR of 5.9% during the forecast period (2024-2031).
Growing demand for automation in public transportation and rising investments in railway infrastructure development are projected to bolster the demand for autonomous trains going forward. Increasing efforts to maximize fuel efficiency and reduce operational expenses are also expected to create new opportunities for autonomous train companies in the future. High demand for sustainable public transportation and advancements in train automation technologies are also boosting the global autonomous train market outlook. On the contrary, high initial investments, cybersecurity risks, complexity in integration, and regulatory challenges are estimated to impede the adoption of autonomous trains over the coming years. Developing countries are expected to present new opportunities for autonomous train companies as they invest heavily in railway infrastructure development to promote economic growth. Growing demand for high-speed rail connectivity around the world is also estimated to promote the sales of autonomous trains and its components through 2031.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Fastest Growth
Growth Rate
CAGR
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Autonomous Train Market Segmental Analysis
The global autonomous train market is segmented into grade of automation, train type, application, and region. Based on grade of automation, the market is segmented into GoA 1, GoA 2, GoA 3, and GoA 4. Based on train type, the market is segmented into metro/monorail, high-speed rail, and light rail. Based on application, the market is segmented into passenger and freight. Based on region, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America.
Analysis by Application
The demand for autonomous trains in passenger applications is slated to hold a substantial share of the global autonomous train industry. Rapidly increasing global population and increasing demand for better public transportation infrastructure are expected to help this segment maintain its dominance in the future. Rising emphasis on making rail travel experience better is attracting more passengers to travel using trains thereby cementing the high share help by this application segment. Better safety, enhanced travel experience, and improved accessibility are some key benefits offered by automation of passenger trains going forward. Increased traffic congestion is also promoting travel through autonomous trains.
On the other hand, the demand for autonomous trains for freight applications is slated to rise at a robust pace in the long run. Rising emphasis on optimizing efficiency of routes and maximizing productivity of freight trains is projected to promote the use of automation in this segment going forward. Autonomous trains also have predictive maintenance capabilities that are expected to reduce downtime and enhance the overall supply chain productivity and operations as well. Rising investments in the development of autonomous freight trains and technologies are also slated to create new business scope for market players through 2031 and beyond.
Analysis by Train Type
The metro/monorail segment is estimated to account for a major chunk of the global autonomous train market share. Growing traffic congestion in urban areas and high investments in the development of metro and monorail infrastructure in urban settings are helping this segment lead market development. Growing emphasis of governments and railway companies to develop sustainable public transportation infrastructure is also slated to further cement the dominance of this segment through 2031. Developed countries are projected to be prime contributors to the high share of metro and monorail whereas opportunities in developing countries are slated to shine bright later in the study period.
Meanwhile, the demand for high-speed rail is slated to increase at a robust pace throughout the autonomous train market forecast. Rising investments in the development of high-speed rail infrastructure and advancements in train propulsion technologies are slated to bolster the demand for high-speed autonomous trains in the long run. Increasing efforts of railway companies to reduce travel times and leverage advanced technologies are slated to further promote market growth via this segment in the future. Japan is slated to emerge as a key innovator in high-speed rail through 2031 owing to the presence of multiple high-speed rail networks in the country.
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Autonomous Train Market Regional Insights
The Asia Pacific region is forecasted to account for a major chunk of the global autonomous train market share going forward. The presence of extensive railway networks in this region and high demand for better public transportation infrastructure allows this region to hold sway over others. Increasing government spending on railway infrastructure development and growing emphasis on improving travel experience through trains are promoting the popularity of autonomous trains in this region. China, Japan, and India are slated to be unmissable markets for autonomous train providers looking to make a mark in the Asia Pacific region across the study period.
Meanwhile, the demand for autonomous trains in Europe is slated to rise at the fastest pace over the coming years. Surging investments in sustainable transportation infrastructure and the extensive availability of railway networks are helping create new opportunities for autonomous train companies. Rising government spending to promote the development of autonomous trains and growing number of people using public transportation facilities to promote sustainability are also helping this region generate lucrative opportunities for autonomous train providers. Germany, France, Italy, Austria, the United Kingdom, and Spain are some of the most rewarding markets for autonomous train suppliers operating in the European region through 2031.
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Autonomous Train Market Dynamics
Drivers
Rising Emphasis on Safety & Efficiency
- Growing incidents of train accidents and rising efforts to improve the safety and efficiency of trains around the world are projected to bolster the demand for autonomous trains over the coming years. Equipped with advanced artificial intelligence technology and sensors, autonomous trains are safer and more efficient as compared to traditional trains.
Investments in the Development of Sustainable Transport Infrastructure
- Rapidly increasing global population and rising need for sustainable transportation for the same are also forecasted to create new opportunities for autonomous train providers. Autonomous trains are expected to be more efficiency and eco-friendly thereby making them compliant with evolving sustainability goals.
Restraints
High Initial Investments
- Deploying autonomous trains involves a significant amount of capital investments to develop infrastructure and deploy advanced technologies as well. Not all governments and railway companies are willing to spend such huge capital, which is expected to impede autonomous train market growth potential going forward.
Cybersecurity Risks Associated with Connected Nature of Autonomous Trains
- Autonomous trains rely heavily on advanced and connected technologies for their reliable and safe operations. However, the connected nature of autonomous trains makes them highly vulnerable to cyberattacks and these risks of cybersecurity are estimated to impede the demand for autonomous trains in the future.
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Autonomous Train Market Competitive Landscape
Autonomous train manufacturers are expected to focus on utilizing highly advanced technologies to improve the autonomous capabilities of their offerings. The use of affordable automation technologies can help make autonomous trains more affordable and accessible for developing countries in the future. Collaborations and partnerships are expected to emerge as essential strategies for autonomous train companies looking to expand their market presence in the long run.
Top Player’s Company Profiles
- Siemens AG
- CRRC Corporation Limited
- Mitsubishi Heavy Industries Ltd.
- Alstom SA
- Thales Group
- Kawasaki Heavy Industries
- Wabtec Corporation
- Ingeteam Corporation SA
- Green Automated Solutions, Inc.
- Hitachi Rail STS
Recent Developments
- In September 2024, East Japan Railway, a group of railway companies in Japan announced their plan to launch self-driving trains by the year 2028. The company plans to launch an autonomous train for the Joetsu Shinkansen line between the Tokyo and Niigata stations, which also aligns with its Transformation 2027 vision, “Move Up.”
- In August 2024, a new autonomous passenger train was launched in Moscow, Russia. Lastochka operates on the Moscow Central Circle (MCC)and features third level of automation for this train where a driver oversees the passenger onboarding and alighting processes to ensure safety.
- In April 2024, Siemens Mobility, a leading name in rail technology was awarded contracts worth 270 million EUR by Banedanmark (BDK) and DSB. Under this contract, Siemens is expected to upgrade the 170-kilometre-long S-Bane network in Copenhagen with GoA4 technology to enable autonomous train operations by 2030.
Autonomous Train Key Market Trends
- Use of AI and LiDAR: Autonomous train providers should focus on integration of artificial intelligence and LiDAR technologies to enhance their business scope in the future. These technologies can help improve the safety of autonomous trains and also make them more reliable as compared to conventional trains. Focusing on this autonomous train market trend is expected to be essential for all companies through 2031.
- Use of Hybrid Automation: Autonomous train companies can focus on developing hybrid automated trains that work with a combination of autonomous technology as well as driver assistance. This trend can help companies overcome the issue of reliance and also provide human oversight for additional safety.
Autonomous Train Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, growing demand for sustainable public transportation and rising emphasis on safety and efficiency in trains are slated to bolster the autonomous train demand outlook going forward. On the contrary, high initial costs and cybersecurity risks are forecasted to impede the global autonomous train industry development in the future. The Asia Pacific region is anticipated to spearhead the demand for autonomous trains across the study period owing to rising investments in rail infrastructure development in countries such as Japan and India. Use of hybrid automation and LiDAR technologies are slated to offer new business scope for autonomous train companies in the long run.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 9.22 Billion |
| Market size value in 2031 | USD 15.5 Billion |
| Growth Rate | 5.9% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Autonomous Train Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Autonomous Train Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Autonomous Train Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Autonomous Train Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Autonomous Train Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Autonomous Train Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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