European Train Control System

Global Railway Signaling Systems Markets Report, 2021-2022 & 2022-2030: Stiff Competition from Chinese Players vs Established Global Players Such as ALSTOM, SIMEMENS, and Thales - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 8, 2023
Transport, Rail, Hitachi, Bombardier Inc., European Train Control System, GE Transportation, GCC, Maharashtra, US, Transition, Toshiba, Economic development, CBTC, Communication, Gulf Organization for Industrial Consulting, Growth, City, ETCS, Safety, SPARCS, United Arab Emirates, Village Community Co-operative, Speciality chemicals, Rail transport, Thales of Miletus

Increasing demand for advance controlling systems and rising high-speed railway projects will drive the demand for railway signaling systems.

Key Points: 
  • Increasing demand for advance controlling systems and rising high-speed railway projects will drive the demand for railway signaling systems.
  • The market for railway signaling systems expected to witness significant growth with the deployment of communication-based train control (CBTC) and other advanced signaling techniques.
  • Rising investment in urban transportation particularly in railway networks is increasing the demand for CBTC systems globally for efficient rail traffic management.
  • Hitachi, Toshiba, and China Railway Signal and Communication Co are prominent players in the Asia Pacific railway Signaling systems market.

Hitachi Rail wins major contract to deliver sustainable digital commuter railway in the Philippines

Retrieved on: 
Friday, November 18, 2022
Exchange, Growth, Department of transportation, Electricity, Philippine government response to the COVID-19 pandemic, European Train Control System, Digital Systems, Japan International Cooperation Agency, Government of the Philippines, E&M, Movement, Travel, Mobility, Harman Becker Automotive Systems, ETCS, Carbon, Telecommunication, Sales, Digital technology, JICA, Transport, Operational technology, Machine, Safety, Rail transport, Japan Business Federation, North–South Commuter Railway

Hitachi Rail will introduce its innovative European Train Control System (ETCS) Level 2 signalling on the North South Commuter Railway.

Key Points: 
  • Hitachi Rail will introduce its innovative European Train Control System (ETCS) Level 2 signalling on the North South Commuter Railway.
  • By delivering this project, Hitachi Rail will reduce a major commuter railway's energy footprint, supporting greener travel.
  • Hitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions.
  • Drawing on the wider Hitachi Group's market-leading technology and research-and-development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society.

Railway Signaling System Market to Reach $21.7 billion, Globally, by 2031 at 5.5%: Allied Market Research

Retrieved on: 
Tuesday, November 22, 2022
COVID-19, City, Transport, European Rail Traffic Management System, Travel, European Train Control System, ETCS, Monorail, Research report, Investment, Growth, Safety, Government, Rail transport, EU, ERTMS

PORTLAND, Ore., Nov. 22, 2022 /PRNewswire/ -- Allied Market Research published a report titled, "Railway Signaling System Market by Offering (Solution, Services), by Technology (Positive Train Control System, Communication-based Train Control System, European Train Control System, Others), by End Use (Mainline, Urban, Freight): Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the global railway signaling system generated $12.8 billion in 2021, and is projected to reach $21.7 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.

Key Points: 
  • PORTLAND, Ore., Nov. 22, 2022 /PRNewswire/ --Allied Market Research published a report titled, " Railway Signaling System Market by Offering (Solution, Services), by Technology (Positive Train Control System, Communication-based Train Control System, European Train Control System, Others), by End Use (Mainline, Urban, Freight): Global Opportunity Analysis and Industry Forecast, 2021-2031".
  • According to the report, the global railway signaling system generated $12.8 billion in 2021, and is projected to reach $21.7 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.
  • Based on offering, the solution segment held the dominating market share in 2021, holding around three-fourths of the global railway signaling system market.
  • Based on end use, the mainline segment held the dominating market share in 2021, holding more than three-fifths of the global railway signaling system market.

Railway Signaling System Market to Reach $21.7 billion, Globally, by 2031 at 5.5%: Allied Market Research

Retrieved on: 
Tuesday, November 22, 2022
COVID-19, City, Transport, European Rail Traffic Management System, Travel, European Train Control System, ETCS, Monorail, Research report, Investment, Growth, Safety, Government, Rail transport, EU, ERTMS

PORTLAND, Ore., Nov. 22, 2022 /PRNewswire/ -- Allied Market Research published a report titled, "Railway Signaling System Market by Offering (Solution, Services), by Technology (Positive Train Control System, Communication-based Train Control System, European Train Control System, Others), by End Use (Mainline, Urban, Freight): Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the global railway signaling system generated $12.8 billion in 2021, and is projected to reach $21.7 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.

Key Points: 
  • PORTLAND, Ore., Nov. 22, 2022 /PRNewswire/ --Allied Market Research published a report titled, " Railway Signaling System Market by Offering (Solution, Services), by Technology (Positive Train Control System, Communication-based Train Control System, European Train Control System, Others), by End Use (Mainline, Urban, Freight): Global Opportunity Analysis and Industry Forecast, 2021-2031".
  • According to the report, the global railway signaling system generated $12.8 billion in 2021, and is projected to reach $21.7 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.
  • Based on offering, the solution segment held the dominating market share in 2021, holding around three-fourths of the global railway signaling system market.
  • Based on end use, the mainline segment held the dominating market share in 2021, holding more than three-fifths of the global railway signaling system market.

Huawei Launches FRMCS Solution to Facilitate Digital Transformation of Railway

Retrieved on: 
Friday, September 23, 2022
Safety, Efficiency, GSM-R, Achievement, COO, Maintenance, Technology, O&M, Architecture, ETCS, Research, European Train Control System, IOT, Hertz, Mobile phone, Huawei, ICT

This solution is a remarkable achievement for Huawei, as a result of its extensive research and experience in ICT deployment within the railway industry of over two decades.

Key Points: 
  • This solution is a remarkable achievement for Huawei, as a result of its extensive research and experience in ICT deployment within the railway industry of over two decades.
  • With a focus on improving safety and reliability, Huawei FRMCS expands train-to-ground wireless services from train control and dispatch to railway O&M, railway IoT, and more.
  • It empowers widespread digital transformation of the rail sector, ensures train operation safety, and improves railway operations efficiency.
  • Huawei will work with industry standards organizations, industry customers, and partners to promote the maturing and large-scale commercial rollout of FRMCS, and build a wireless digital foundation for smart railways.

Railway System Market worth $30.9 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, September 19, 2022
Well, Knowledge, ETA, GEM, ERTMS, Safety, Solution, Boxcar, Growth, Deutsche Bahn, Maintenance, European Rail Traffic Management System, Component, Government, USD, Locomotive, Investment, Federation, Intelligence, Region, SME, Rapid transit, Transport, ATO, ETCS, Research, European Train Control System, Hopper, Convention (norm), Rail transport, Marketing

Also, the government is promoting rapid transit in the country by increasing investments in their development would drive the railway system market.

Key Points: 
  • Also, the government is promoting rapid transit in the country by increasing investments in their development would drive the railway system market.
  • The European railways has advanced and well developed infrastructure for passenger transit due to which railway market is likely to experience steady growth which will drive Railway System Market in the region, whereas the North American market is more inclined toward freight transportation.
  • Factors such as initial investment and high overhaul and maintenance costs could hamper the growth of the railway system market.
  • With this investment, the country's rolling stock will be updated with new digital signaling technologies and advanced safety systems, which will further drive the German railway system market.

DGAP-News: ​​​​​​​HÖRMANN Industries publishes financial results for the first half of 2022

Retrieved on: 
Wednesday, August 31, 2022
COVID-19, Engineering, EBITDA, Kirchseeon, Government, Tax, EBIT, European Train Control System, Depreciation, Automotive industry, EUR, CFO, WKN, Group, ETCS, Efficiency, Gesellschaft mit beschränkter Haftung, Communication, Film

Sales of EUR 298.5 million, EBITDA of EUR 6.4 million, EBIT of EUR 0.5 million

Key Points: 
  • Sales of EUR 298.5 million, EBITDA of EUR 6.4 million, EBIT of EUR 0.5 million
    Kirchseeon, 31 August 2022 - HRMANN Industries GmbH (corporate bond, WKN: A2TSCH) today published its financial results for the first six months of 2022.
  • The first half of 2022 closed with a consolidated net loss of EUR 3.9 million (previous year: consolidated net profit of EUR 9.0 million).
  • The Intralogistics division, which was newly established in May 2022, generated sales of EUR 22.7 million in the first half of 2022 (previous year: EUR 26.0 million, as-if).
  • Against the background of the business development in the first half of 2022, the HRMANN Group has slightly adjusted its forecast for the full year 2022.

Global Train Control and Management Systems (TCMS) Market to Reach $3.4 Billion by 2026

Retrieved on: 
Wednesday, March 23, 2022
CAGR, Siemens, Forecasting, Mitsubishi Electric, Research, TCMS, Train, European Train Control System, Efficiency, Electric multiple unit, Players, European Rail Traffic Management System, Component, Marketing, Management, National Communications Corporation Limited, Investment, Rapid transit, CAF, User interface, ETCS, Growth, Toshiba, Internet, Intelligence, Thales Group, Government, PTC, SAN, Adoption, ABB, City, CBTC, Hitachi, Communication, Positive train control, Safety, ERTMS, GIA, COVID-19, Traction, Movement, Construcciones y Auxiliar de Ferrocarriles, Bombardier Inc., Pharmaceutical industry, Rail transport, Others, EU

SAN FRANCISCO, March 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Train Control and Management Systems (TCMS) - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Train Control and Management Systems (TCMS) - Global Market Trajectory & Analytics" .
  • Segments:Solution (Communication-Based Train Control, Positive Train Control, Integrated Train Control); Component (Vehicle Control Unit, Human Machine Interface, Mobile Communication Gateway, Other Components); Train Type (Diesel Multiple Units, Metros & High-Speed Trains, Electric Multiple Units)
    Complimentary Project Preview - This is an ongoing global program.
  • Amid the COVID-19 crisis, the global market for Train Control and Management Systems (TCMS) estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$3.4 Billion by 2026, growing at a CAGR of 6.4% over the analysis period.
  • This segment currently accounts for a 30.1% share of the global Train Control and Management Systems (TCMS) market.

NORNICKEL'S PALLADIUM FUND LAUNCHES FIRST NICKEL AND COPPER ETCS ON LSE

Retrieved on: 
Thursday, June 17, 2021
Chemistry, Chemical elements, Physical sciences, Native element minerals, Transition metals, Dietary minerals, Precious metals, Norilsk Nickel, Nickel, Norilsk, Palladium, European Train Control System

The listings follow the launch of GPF's physically backed, low-cost gold, silver, platinum and palladium ETCs at the beginning of 2021.

Key Points: 
  • The listings follow the launch of GPF's physically backed, low-cost gold, silver, platinum and palladium ETCs at the beginning of 2021.
  • The new nickel and copper ETCs will track the respective LME cash prices.
  • The new physical copper and nickel ETCs benefit from our low pricing, enhanced transparency and security and sustainable supply source."
  • MMC Norilsk Nickel is a diversified mining and metallurgical company, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper.

Thales Will Digitize Deutsche Bahn Stuttgart Signalling System to Substantially Improve Capacity, Punctuality and Comfort

Retrieved on: 
Tuesday, February 16, 2021
Networks, Rail, Transport, Public transport, Technology, Train protection systems, Rail transport, Transport, European Train Control System, Automatic train operation, Railway signalling, European Rail Traffic Management System, Greek railway signalling

As a part of the initial Digital railways Germany package, Deutsche Bahn is equipping the Stuttgart region with a digital signalling system (DSTW*), the European Train Control System (ETCS*) and Automatic Train Operations (ATO*) with driver.

Key Points: 
  • As a part of the initial Digital railways Germany package, Deutsche Bahn is equipping the Stuttgart region with a digital signalling system (DSTW*), the European Train Control System (ETCS*) and Automatic Train Operations (ATO*) with driver.
  • Our employees are, of course, highly motivated by this project and proud to be able to contribute to their station.
  • Using glass fibres, almost any distances between the core of the signalling system and the peripheral elements can be implemented.
  • This includes three of the 21 electronic signalling systems planned as part of Stuttgart 21 and other legacy signalling systems.