Global Train Control and Management Systems (TCMS) Strategic Business Report 2023: Growing Electrification of Rail Lines in Developing Economies Presents Growth Opportunity


Dublin, April 20, 2023 (GLOBE NEWSWIRE) -- The "Train Control and Management Systems (TCMS): Global Strategic Business Report" report has been added to's offering.

The global market for Train Control and Management Systems (TCMS) estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$4.5 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2022-2030.

Communication-Based Train Control, one of the segments analyzed in the report, is projected to record a 6.8% CAGR and reach US$2 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Positive Train Control segment is readjusted to a revised 7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $335.2 Million, While China is Forecast to Grow at 8.6% CAGR

The Train Control and Management Systems (TCMS) market in the U.S. is estimated at US$335.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$882.9 Million by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 6.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.

Select Competitors (Total 51 Featured) -

  • ABB
  • Alstom S.A
  • Aselsan A.S
  • Bombardier Inc
  • CAF, Construcciones y Auxiliar de Ferrocarriles, S.A.
  • China Railway Signal & Communication Corporation Limited
  • EKE-Electronics Ltd
  • Hitachi Ltd
  • Knorr-Bremse AG
  • Mitsubishi Electric Corporation
  • Siemens AG
  • Strukton Rail AB
  • Thales Group
  • Toshiba Corporation

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages459
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$2.6 Billion
Forecasted Market Value (USD) by 2030$4.5 Billion
Compound Annual Growth Rate7.1%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Rail Projects, Passenger and Freight Transportation Comes Under Pressure Due to COVID-19 Pandemic
  • COVID-19 Impact on Railways: YoY Change (%) for Global Rail Freight and Passenger Rail in for 2020 and 2021
  • Rail Industry Gets Supercharged to Take Center-Stage in International Travel in Post-COVID-19 Scenario
  • Train Control and Management Systems (TCMS) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Train Control Management System (TCMS): An Introduction
  • Types of TCMS
  • Components of TCMS
  • Market Outlook
  • Market Restraints & Challenges
  • Lower Emissions Emerge as Incentive for Rail Travel, Driving TCMS Opportunities
  • GHG Intensity of Passenger Transport Modes: 2019
  • Market Share of Leading Players in Global Signaling Market: 2019
  • Strong Focus on Asia
  • Recent Market Activity



  • Rise in Popularity of Autonomous Decentralized Train Control and Management System
  • Technology Advancements & Improvements Gear Adoption
  • Startups Gain Space in TCMS Market
  • Rise in Infrastructure Development Projects Presents Opportunities
  • Select Brownfield and Greenfield CBTC Projects: 2018-2023
  • Rise in Rail Passenger and Freight Traffic Trigger Opportunities
  • Global Rail Passenger Traffic (in Billion Passenger Kilometers) by Region for 2018 and 2019
  • High-Speed Rail Network Witnesses Quantum Leap Forward over Decades
  • Rise in Penetration of Cloud-Based Systems
  • Importance of TCMS in Preventing Train Accidents
  • Regional Government Initiatives Bolster Growth
  • ERTMS Favors Adoption of TCMS
  • China: High-Speed Network Expansion to Extend Opportunities
  • Indian Government's Private Train Initiative to Bolster Prospects
  • Russian Railways' Ongoing Shift towards Digital Technologies Augurs Well
  • Metro Rail Projects Trigger Opportunities
  • A Snapshot of Select Upcoming Metro Rail Projects
  • Worldwide Investments into Light Rail and Metro Rail Projects (in US$ Billion) by Region for the Period 2019-2025
  • Rapid Urbanization and Expanding Railway Infrastructure Steers the Deployment of TCMS
  • World Urban Population in Thousands: 1950-2050
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Smart Urban Spaces and Emphasis on Smart Railway Infrastructure: Potential for Growth
  • Rising Implementation of Smart TCMS
  • Growing Electrification of Rail Lines in Developing Economies Presents Growth Opportunity




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Global Market for Train Control and Management Systems (TCMS)

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