Report ID: SQMIG25C2157
Report ID:
SQMIG25C2157 |
Region:
Global |
Published Date: December, 2024
Pages:
197
|
Tables:
89 |
Figures:
66
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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Report ID: SQMIG25C2157