The global Automotive Train Control & Management System (TCMS) revenue was $ 1964.15 million in 2016 and is expected to reach $ 2599.28 million in 2022, growing at a CAGR of 4.78 % from 2016 to 2022. North America `s revenue accounted for the highest market share (28.66%) in 2016, followed by Europe and China. North America is expected to maintain its leading position for the next five years owing to the increasing global downstream demand for Train Control & Management System (TCMS).
The global Automotive Train Control & Management System (TCMS) industry mainly concentrates in North America, Europe, China, Japan and CIS. The global leading players in this market are Alstom SA, Bombardier, Siemens AG, Hitachi Ltd. and Mitsubishi Electric, which accounts for 62.90% of total production value.
The Automotive Train Control & Management System (TCMS) are mainly used by Metros, High-Speed Trains and Normal Trains. The dominated application is Metros which accounts for about 45 % sales market share in 2016.
Despite the presence of competition problems, due to the global recovery trend is clear, the rising disposable income and customers’ expectations for high efficiency and safety of transportation, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.