How big is the Autonomous Train Market?

The Autonomous Train Market size is expected to reach USD 9.25 billion in 2024 and grow at a CAGR of 5.78% to reach USD 12.24 billion by 2029. Read More

What is the current Autonomous Train Market size?

In 2024, the Autonomous Train Market size is expected to reach USD 9.25 billion. Read More

Who are the key players in Autonomous Train Market?

Hitachi Rail STS (Ansaldo), Alstom SA, Thales Group, Siemens AG, Mitsubishi Heavy Industries Ltd and CRCC Corporation Limited are the major companies operating in the Autonomous Train Market. Read More

Which is the fastest growing region in Autonomous Train Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Autonomous Train Market?

In 2024, the Asia-Pacific accounts for the largest market share in Autonomous Train Market. Read More

What years does this Autonomous Train Market cover, and what was the market size in 2023?

In 2023, the Autonomous Train Market size was estimated at USD 8.72 billion. The report covers the Autonomous Train Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Autonomous Train Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Autonomous Train Market Report | Industry Analysis, Size & Forecast Overview

Autonomous Train Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Autonomous Train Market Report is Segmented by Automation Grade (GoA 1, Goa 2, Goa 3, and GoA 4), Application (Passenger and Freight), Technology (CBTC, ERTMS, ATC, and PTC), Train Type (Metro/Monorail, Light Rail, and High-Speed Rail), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers the Market Size and Forecast in Value (USD) for all the Above Segments.

Autonomous Train Industry Overview

The autonomous train market is consolidated and led by global and regionally established players. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions.

In February 2024, JR East announced its plans to introduce driverless Shinkansen in Japan by the mid-2030s. JR Tokai could launch self-driving bullet trains even earlier, or by 2028. As part of its Change 2027 program, JR East previously conducted a series of driverless Shinkansen test runs in late 2021, using a 12-car E7-series bullet train. JR East allocated an estimated budget of JPY 200 million for the trials.

Some of the major players in the autonomous train market include Bombardier, Mitsubishi Heavy Industries, Alstom, Thales, and Siemens AG.