Albany, NY -- (SBWIRE) -- 01/04/2017 -- Train control & management system or TCMS is a train-borne distributed controls system, which typically provides data communication interfaces to other train-borne systems and telecommunication to supporting systems that operate remotely on the wayside. This system is commonly referred to as the 'brain of the train', owing to its central function in monitoring the distinct systems and coordinating the control. One of the primary functions of TCMS is that it delivers integrated prognostic and diagnostic capabilities on the train, and offers visualization of the system performance, the problematic areas, and with the suggested corrective actions for assisting the maintenance personnel and the driver.

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TCMS can easily integrate with any third-party subsystem since its design is modular and it makes use of internationally standardized interfaces. Condition-based monitoring reduces unnecessary scheduled spares and maintenance consumption and the prognostic analysis of historical and current data offered by TCMS to other wayside systems helps to predict the future system failure, thereby allowing for planned corrective actions without any service interruption.

Growth of the train control & management systems market can be primarily attributed to the growing trend of high-speed trains and automated metros, stringent norms regarding diesel emissions worldwide, and speedy urbanization. Further, the increasing inclination toward safe, comfortable, and speedy transportation is boosting the growth of the global TCMS market. Developed countries of Europe viz. Germany, Spain, Denmark, Italy, and France are increasingly investing in modernization of rail infrastructure. Planned investments in these countries are likely to boost the railway transportation industry in Europe. This, in turn, is expected to drive the train control & management systems market. Additionally, increasing demand for train control & management systems in emerging economies is offering a lucrative opportunity to the global market. However, lack of interoperability coupled with high cost of maintenance and infrastructure associated with these systems hinders the growth of the global market.

On the basis of train types, the global train control & management systems market can be segmented into metros & high-speed trains, electric multiple units, and diesel multiple units. The metros & high-speed trains segment is estimated to witness steady growth during the forecast period, due to growing public investments in planned, speedy transit projects and rail infrastructure, mostly in emerging economies of Asia Pacific and the Middle East. Based on components, the market can be divided into computer control units, modular input/output devices, mobile communication gateways, and human–machine interfaces. On the basis of train control solutions, the global train control & management systems market can be segregated into positive train control, integrated train control, and communication-based train control. Existing train control systems are being speedily replaced by communication-based train control systems, since these systems help reduce maintenance cost and enhance interoperability.

Thus, this segment is anticipated to experience significant growth from 2016 to 2024. Additionally, the market can be geographically classified into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Developed regions are persistently upgrading their infrastructure for accommodating the trains equipped with train control solutions and advanced transit systems. Further, developing economies such as India and China are advancing their railway infrastructure for mass transit and this is expected to positively influence the TCMS market in Asia Pacific. North America is estimated to record high growth rate during the forecast period, owing to rising investments in technology upgrade and speedy transit solutions in the region.

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Major players operating in the global train control & management systems market include Bombardier Inc., Alstom SA, Siemens AG, Toshiba Corporation, Mitsubishi Electric Corporation, Hitachi Ltd., Knorr-Bremse AG, Eke Group, Strukton Rail, and CAF.

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