Autonomous Trains Market (By Automation Type – GoA 1, GoA 2, GoA 3, GoA 4. By Application – Passenger Trains, Freight, Mining. By Components – Radar, Odometer, Antenna, Sensors and Others) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 – 2025,”in terms of revenue, the Autonomous trains market is expected to grow at a CAGR of 18.9% from 2017 to 2025.

Autonomous trains are the next step to future transportation system. The global revenue for autonomous train market is rising at a rapid pace as totally driverless underground or overground trains are becoming realistic in several cities around the globe. During the forecast period, rail system will be the most efficient mean of transportation as there is a rise in demand for autonomous trains globally. In autonomous trains, the decision to run or stop is being decided by the train itself in real time without any presence of human being. . In modern metro and rail network, the train systems are connected with Automatic Train Control (ATC) that serves the purpose of speed control mechanism. Autonomous trains are also equipped with ATP (Automatic Train Protection) that is a type of train protection system that serves the purpose of speed restriction and as well as have the ability of automatic stop at signals. This new kind of generation of automated trains has massively impacted the railway system and is likely to augment the demand of this technology. Thus adoption of autonomous train operation is likely expected to boost the market growth during the forecast period 2017-2025.