Communications-Based Train Control Market

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.
Communications-Based Train Control Market 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, 2018-2023, 2023-2030, ($ millions)
Global top five companies in 2022 (%)
The global Communications-Based Train Control (CBTC) market was valued at US$ 1884.2 million in 2022 and is projected to reach US$ 2693 million by 2030, at a CAGR of 5.2% during the forecast period 2023-2030.
The main companies of global communications-based train control (CBTC) include Alstom SA, CRSC, BJ-TCT, etc. These top 3 companies hold a market share about 80%. Asia-Pacific is the largest market, with a share about 40%, followed by Europe and North America with the share about 30% and 20%.In terms of product, basic CBTC is the largest segment, with a share over 30%. And in terms of application, the largest application is passenger and freight rail system, followed by city metro system.
We 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, 2018-2023, 2023-2030 ($ millions)
Global Communications-Based Train Control (CBTC) Market Segment Percentages, by Type, 2022 (%)
Basic CBTC
I-CBTC
Global Communications-Based Train Control (CBTC) Market, by Application, 2018-2023, 2023-2030 ($ millions)
Global Communications-Based Train Control (CBTC) Market Segment Percentages, by Application, 2022 (%)
City Metro System
Passenger and Freight Rail System
Global Communications-Based Train Control (CBTC) Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions)
Global Communications-Based Train Control (CBTC) Market Segment Percentages, By Region and Country, 2022 (%)
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, 2018-2023 (estimated), ($ millions)
Key companies Communications-Based Train Control (CBTC) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Alstom SA
CRSC
BJ-TCT
Siemens AG
Hitachi Ltd.
Mitsubishi Electric
Nippon Signal
UniTTEC
Wabtec Corporation
Toshiba