Autonomous Train Braking System Market Strategic Imperatives for Success and Rising Demand Till 2032

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Autonomous Train Braking System Market by Train Type and by Brake Type Global Opportunity Analysis and Industry Forecast, 2023-2032

NEW CASTLE, DELAWARE, UNITED STATES, September 25, 2023 / — Braking is a mechanical operation used to retard a vehicle’s speed when in motion. The braking system in railways not only reduces the train’s ongoing speed but also controls the speed at optimal levels of its run. Railway braking system is quite complex as compared to other vehicle braking systems. There are three primary functions of braking systems used in railways—one is to stop the train at a fixed point, the second is used to maintain a low speed and the third is used for emergency braking. The railway braking system works on compressed air locking. When the autonomous train approaches the station under and reaches the first beacon via a fixed transponder station brake sends a command to the train. The on-board computer calculates the braking curve to enable to stop the train at the correct point, as the train approaches nearer to the platform the curve is updated several times to ensure accuracy. Moreover, there is emergency braking also available as a safeguard if there is some failure in the sensors and the train fails to stop.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 :

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

Due to COVID-19, the government across all countries declared lockdown and various other restrictions. The imposed lockdown on the rail industry had disrupted railway manufacturing and the demand for transportation via railway has also fallen. Moreover, due to social distancing norms and other restrictions, led to the unavailability of labor which delayed the manufacturing process. Furthermore, the R&D for the autonomous train has also been affected since there was the availability of a skilled workforce required for software development. Thus, it affected the demand for the autonomous train braking system. Furthermore, the raw material and electronic components required for manufacturing of autonomous train braking system was also unavailable which disrupted the whole operation. The autonomous train braking system is an evolving sector that was disrupted by COVID-19, but it is expected to resume in the post-pandemic phase by improving the demand for the product.

𝐓𝐨𝐩 𝐈𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐅𝐚𝐜𝐭𝐨𝐫𝐬

Increase in demand for digitalization of railways, rise in demand for autonomous trains, and surge in requirement of safe & secure transport systems drive the growth of the market.
However, system failures leading to accidents, threat of cyber-attack, and high initial investment & maintenance costs hamper the market growth.
Moreover, an upsurge in government investment towards railway development, traveling via railways, and an effective braking system can act as an opportunity for growth of the market.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 :

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬

𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐝𝐢𝐠𝐢𝐭𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐫𝐚𝐢𝐥𝐰𝐚𝐲𝐬

Improved energy efficacy, enhanced safety, and minimized costs are some of the factors driving the growth of the autonomous train market over the last decade. Moreover, high-speed train mishaps and passenger injuries caused during door operations have led to nearly 1900 accidents collectively, in Europe alone. This posed a major concern, which has been the prime area to boost autonomous train deployment significantly. Digitalisation has been at the forefront in reducing the distance and time between trains with intensive exploitation of tracks eventually providing better end-user experience while maintaining safety standards. Furthermore, the usage of digital technologies such as 5G, big data, the Internet of Things, automation, artificial intelligence, and blockchain is expected to strengthen the digitalization of railways.
For instance, China is likely to start a “smart” high-speed railway line equipped with automated bullet trains and AI-powered robotic porters by the end of 2019. The self-driving trains, named Fuxing or Rejuvenation, will use an automatic train operating system developed by Chinese engineers. Thus, all these developments in autonomous trains will drive the growth of the autonomous train braking system market.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭

This study presents the analytical depiction of the autonomous train braking system market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with challenges of the autonomous train braking system market.
The current market is quantitatively analyzed to highlight the autonomous train braking system market growth scenario.
The report provides a detailed autonomous train braking system market analysis based on competitive intensity and how the competition will take shape in the coming years.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 :

𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐀𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭

Which are the leading market players active in the autonomous train braking system market?
What would be the detailed impact of COVID-19 on the market?
What current trends would influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the autonomous train braking system market?
What are the projections for the future that would help in taking further strategic steps?

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Alstom SA, ABB Ltd, Akebono Brake Industry Co. Ltd, Frimatrail FrenoplastS. A, SABRE RAIL SERVICES LTD., DAKO-CZ a.s, Amsted Rail, NABTESCO CORPORATION, Wabtec Corporation, Knorr-Bremse AG

𝐁𝐲 𝐓𝐫𝐚𝐢𝐧 𝐓𝐲𝐩𝐞: Metros, High Speed, Monorail, Freight

𝐁𝐲 𝐁𝐫𝐚𝐤𝐞 𝐓𝐲𝐩𝐞: Pneumatic, Electrodynamic, Mechanical, Electromagnetic

𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧: North America (U.S., Canada, Mexico), Europe (Germany, France, UK, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific), LAMEA (Latin America, Middle East, Africa).

David Correa
Allied Analytics LLP
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