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Global Automatic Train Control Market is expected to rise from its initial estimated value of USD 2.35 billion in 2018 to an estimated value of USD 5.74 billion by 2026, registering a CAGR of 10.45% in the forecast period of 2019-2026. Increasing urbanization in developing countries is the major factor for the growth of this market.
A combination of best industry insight, practical solutions, talent solutions and latest technology has been used to structure this excellent Automatic Train Control report. Thoroughly analysed market segmentation aspect provides a clear idea about the product consumption based on several factors ranging from type, application, deployment model, end user to geographical region. Moreover, drivers and restraints of the market assessed in this Automatic Train Control report makes you aware about how the product is getting utilized in the recent market environment and also provide estimations about the future usage. The proper utilization of established statistical tools and coherent models for analysis and forecasting of market data makes this Automatic Train Control report outperforming.
Note - Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Automatic Train Control Market which would mention How the Covid-19 is affecting the Automatic Train Control Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Automatic Train Control Players to Combat Covid-19 Impact.
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Market Drivers and Restraints:
Technological advancement and development is driving the growth of this market
Increasing smart cities is driving the market growth
High deployment cost of the ATC is restraining the growth of this market
Rising difficulty in combining ATC solutions with legacy systems is another factor which is restraining the growth of this market
Key Players: Global Automatic Train Control Market
Siemens, Thales Group, Bombardier, Cisco, Hitachi, Ltd., GENERAL ELECTRIC, TOSHIBA CORPORATION, Alstom, Tech Mahindra Limited, WSP, Kyosan Electric Mfg. Co., Ltd., MERMEC Inc., Advantech Co., Ltd., MIPRO Electronics, ADLINK Technology Inc
MAJOR TOC OF THE REPORT
Chapter One: Automatic Train Control Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Automatic Train Control Market Competition, by Players
Chapter Four: Global Automatic Train Control Market Size by Regions
Chapter Five: Global Automatic Train Control Market Revenue by Countries
Chapter Six: Global Automatic Train Control Market Revenue by Automation
Chapter Seven: Global Automatic Train Control Market Revenue by Service
Chapter Eight: Global Automatic Train Control Market Revenue by Train Type
Chapter Nine: Global Automatic Train Control Market Revenue by Geography
Get Detail TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=global-automatic-train-control-market
Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Automatic Train Control Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Automatic Train Control Market
Key Questions Answered in Report:
What is the key to the Automatic Train Control Market?
What will the Automatic Train Control Market Demand and what will be Growth?
What are the latest opportunities for Automatic Train Control Market in the future?
What are the strengths of the key players?
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November 27, 2019: The 650 kilometres of railroad along the golden quadrilateral that connects the four metros of India- Delhi, Mumbai, Chennai and Kolkata will soon get the automatic train protection (ATP) system to improve safety, says the Railway Board Chairman Vinod Kumar Yadav.
The security system that doesn’t require the driver to see the signal will be then extended to 68,000 kilometres of the entire country, reads a report published by Financial Express.
Automatic Train Protection vs Automatic Train Operation
ATP is a signalling system that is used by railroads around the world to avoid collisions by automatically supervising the Maximum Permissible Speed (MPS) and is a part of the bigger Automatic Train Operation (ATO).
ATP controls only deceleration of the train while ATO controls all phases of train operation - from acceleration to accurate braking.
The November 11 accident happened at the Kacheguda Station in Hyderabad was due to the MMTS driver who failed to locate the signal and died five days later.
