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.
This report contains market size and forecasts of Communications-Based Train Control (CBTC) in Global, including the following market information:
Global Communications-Based Train Control (CBTC) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Communications-Based Train Control (CBTC) market was valued at 1759.5 million in 2021 and is projected to reach US$ 2503.6 million by 2028, at a CAGR of 5.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Basic CBTC Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Communications-Based Train Control (CBTC) include Alstom SA, CRSC, BJ-TCT, Siemens AG, Hitachi Ltd., Mitsubishi Electric, Thales Group, Nippon Signal and UniTTEC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Communications-Based Train Control (CBTC) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Communications-Based Train Control (CBTC) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Communications-Based Train Control (CBTC) Market Segment Percentages, by Type, 2021 (%)
Basic CBTC
I-CBTC
Global Communications-Based Train Control (CBTC) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Communications-Based Train Control (CBTC) Market Segment Percentages, by Application, 2021 (%)
City Metro System
Passenger and Freight Rail System
Global Communications-Based Train Control (CBTC) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Communications-Based Train Control (CBTC) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Communications-Based Train Control (CBTC) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Communications-Based Train Control (CBTC) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Alstom SA
CRSC
BJ-TCT
Siemens AG
Hitachi Ltd.
Mitsubishi Electric
Thales Group
Nippon Signal
UniTTEC
Wabtec Corporation
Toshiba