Driver Assistance Systems for Locomotives Global Market Report 2024

The driver assistance systems for locomotives market size has grown steadily in recent years. It will grow from $8.83 billion in 2023 to $9.25 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth observed during the historic period can be attributed to a commitment to compliance with safety regulations, a focus on risk mitigation and accident prevention, the imperative for operational efficiency, a surge in rail traffic, and substantial investments in rail infrastructure.

The driver assistance systems for locomotives market size is expected to see steady growth in the next few years. It will grow to $11.12 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The anticipated growth in the forecast period can be credited to the advancement of collision avoidance systems, a growing emphasis on environmental and fuel efficiency, increasing global connectivity and interoperability, the evolution of regulatory frameworks, and the advent of autonomous train operation. Key trends expected in the forecast period encompass automated train operation, the integration of sensors and advanced analytics, communication-based train control, the adoption of predictive maintenance solutions, and the integration with positive train control systems.

The burgeoning construction of new metro networks in major cities is poised to drive the growth of the driver assistance systems market. Metro trains, comprising locomotives connected to carriages for passengers or cargo, benefit from driver assistance systems that offer proactive track and terrain information. Notably, in 2021-22, Australian railway construction surged by 2.2% to $10.73 billion, as reported by the Australian Railway Association. Meanwhile, the China State Railway Group Co., Ltd. forecasts the introduction of 4,100 kilometers of new railway lines in China by 2022, including 2,082 kilometers of high-speed tracks. Consequently, this increase in metro network construction is a significant driver for the locomotive driver assistance system market's expansion.

The rise in urbanization stands as a significant catalyst for the locomotive driver assistance system market. Urbanization involves the concentration of populations in cities, fostering infrastructure growth and societal complexity. Driver assistance systems are pivotal in enhancing rail network safety and efficiency amid densely populated urban settings. These systems' integration aligns with the development of smart cities and contemporary rail infrastructure, meeting the demands of urbanization. According to data from the United Nations Department of Economic and Social Affairs and the United Nations Conference on Trade and Development, the world's urban population reached 55% in 2018, projected to climb to 68% by 2050 and increased to 56.5% in 2021. Thus, the surge in urbanization significantly drives the locomotive driver assistance system market.

Technological advancements emerge as a prominent trend driving the locomotive driver assistance system market. Key market players are actively innovating to bolster their market positions. For example, in June 2021, Thales Group, a France-based company specializing in electrical systems, unveiled Greenspeed, a train driver assistance system targeting transport decarbonization. Greenspeed employs artificial intelligence algorithms connected via DAS, advising the driver on optimal speeds for punctuality, ensuring passenger comfort, reducing energy consumption, and mitigating machinery wear by minimizing unnecessary brake and engine usage. This emphasis on technological evolution underscores the market's trajectory toward sophisticated driver assistance systems for locomotives.

Forging partnerships to boost market revenues is a strategic move. Collaborating through partnerships frequently sparks innovation by combining diverse expertise. These alliances play a pivotal role in continuous research and development, driving the advancement of more sophisticated driver assistance systems for trains. For example, in March 2021, OTIV, a Belgium-based software company focusing on rail transportation systems, partnered with Nederlandse Spoorwegen, a prominent passenger railway operator in the Netherlands. This collaboration involves mutually testing intelligent obstacle detection functionalities. They utilize sensors and AI algorithms to assist train drivers in navigating intricate environments, aiming to prevent incidents such as collisions.

In January 2021, Alstom, a leading France-based company in driver assistance technology, completed the acquisition of Bombardier Transportation for $6.7 billion. This strategic move significantly strengthens Alstom's position in the rapidly expanding sustainable mobility sector, achieving critical mass across various geographical regions. Additionally, the acquisition integrates supplementary solutions and assets from Bombardier Transportation, enabling Alstom to better cater to its global clientele. Notably, Bombardier Transportation, based in Germany, specializes in manufacturing driver assistance systems.

Major companies operating in the driver assistance systems for locomotives market report are Thales Group, Alstom S A, Hitachi Ltd., Siemens AG, Mitsubishi Electric Corporation, Kawasaki Heavy industries Ltd., ABB Ltd., Construcciones y Auxiliar de Ferrocarriles S A, Beijing Traffic Control Technology Co. Ltd., Wabtec Corporation, Stadler Rail AG, Robert Bosch GmbH, Knorr-Bremse AG, Bombardier Inc., Ansaldo STS, Johnson Electric Holdings Limited, SHW AG, Mobileye N.V., Fuxin Dare Automotive Parts Co. Ltd., Ningbo Shenglong Automotive Powertrain System Co. Ltd., Pierburg GmbH, Denso Corporation, Nidec Corporation, The FTE automotive Group, Voith GmbH & Co. KGaA, ZF Friedrichshafen AG, General Electric Company, Caterpillar Inc., Cummins Inc., Honeywell International Inc., Continental AG, Valeo SA.

North America was the largest region in the driver assistance systems for locomotives market in 2023. The regions covered in the driver assistance systems for locomotives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the driver assistance systems for locomotives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Key components integral to driver assistance systems for locomotives encompass RADAR, LIDAR, optical sensors, cameras, odometers, infrared sensors, antennas, and other pertinent elements. RADAR operates by bouncing a radio signal off an object, analyzing the returned wave to determine its position and velocity. These systems find applications across various types of trains, including long-distance trains, suburban trains, trams, monorail subways, or metro systems. Their functionalities span emergency braking, automatic door operation, switch detection, rail detection, fog pilot assistance, rail signal detection, and anti-collision systems.

The driver assistance systems for locomotives market research report is one of a series of new reports that provides driver assistance systems for locomotives market statistics, including driver assistance systems for locomotives industry global market size, regional shares, competitors with a driver assistance systems for locomotives market share, detailed driver assistance systems for locomotives market segments, market trends, and opportunities, and any further data you may need to thrive in the driver assistance systems for locomotives industry. This driver assistance system for locomotives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.