ReleaseWire

Autonomous Trains Market Is Growing Due to Increased Rate of Train Track Laying

Autonomous Trains Market is foretold to exhibit a steady CAGR of 4.1%. At this rate, the market value is expected to reach US$44,580.7 by the end of the year 2025.

Posted: Friday, April 05, 2019 at 1:33 AM CDT

Albany, NY -- (SBWire) -- 04/05/2019 --Autonomous trains is the most sophisticated technology in the field of railway transport system. Technologically advanced system are used in trains to operate it without the aid of a driver and the safety of the passengers is increased. These trains are furnished with high-powered cameras, latest sensors, GPS data, and onboard computer systems. Autonomous train operation consist of different components which can be automated and based on the automation of components the Grades of Automation (GoA) are decided.

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The automation of train also consist of passenger safety technology which are included in autonomous train protection. Different terms used in autonomous trains market are: Automatic Train Protection (ATP), Automatic Train Operation (ATO), Automatic Train Control (ATC), Semi-Automatic Train Operation (STO), Driverless Train Automation (DTO), and Unattended Train Operation (UTO).

Railways are considered the most efficient and safe means of transportation compared to highways due to fewer number of accidents recorded. Hence the key market drivers of autonomous trains market are increased demand for safety, increased demand for speed and efficiency, and the government support for implanting automation in the trains. Implementation of automation technologies in trains is proved to be more useful for reducing the number of accidents and pollution, reducing the load on the fossil fuels, and increasing the efficiency. However the cost of train automation is very high which could slow the growth of the autonomous trains market coupled with the high possibilities of hacking the system.

Continuous research and development in the field of automation technology, increased concentration of manufacturers on developing trains implemented with some grade of automation, and government support have unveiled great opportunities for the autonomous trains market.

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The Autonomous Trains market has been segmented into three categories: based on grade, based on train type, and region. In terms of grades, the autonomous trains market is segregated as GoA1 + GoA2, GoA3, and GoA4. GoA1 trains consist of ATP with driver and all other components are operated manually. GoA2 trains have ATP and ATO with driver, automatic accelerating and stopping of train, and other functions are controlled manually. In the GoA3 trains train is operated automatically without the aid of driver. In these trains setting train in motion and stopping train are performed automatically, doors are operated by train attendant. In GoA3 trains, stopping the train in case of disruption is done by the train attendant. The GoA4 trains are fully automated and are unattended.