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Home Asia Pacific

CONTROL COMMAND & SIGNALLING ­ GLOBAL MARKET TRENDS

13th November 2013
in Asia Pacific, Market Reports, News, Railway

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

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Consulting company SCI Verkehr GmbH, which specialises in the field of railway technology, expects a noticeable decline in growth dynamics in its current study Control command and signalling ­ global market trends.

 

The current market volume for control command and signalling technology totals around €14 billion (€6.7 billion for new development and upgrade) at present and is foreseen as growing at an average of only 2 to 3% annually up to 2017. The more important reasons for this are deficits in public budgets, mainly in China and large parts of Europe, leading to a reduction in expenditure. Whereas urban rail transport systems will show strong growth in this segment in the medium term, the volume of new development and the upgrading of high-speed lines is expected to decline.

 

Asia’s markets for control command and signalling will stagnate in the medium term as the market volume in China is currently at a very high level and will decline in the medium term. Global players Siemens/Invensys, Thales, Ansaldo STS, Alstom and Bombardier currently dominate the market. Japanese suppliers have high-quality control command and signalling technology but are less successful on the world market. The state-owned Chinese company CRSC has achieved a considerable market share in the last five years, based largely on high domestic demand.

 

Since control command and signalling technology varies considerably, depending on region and country for historical reasons, there are numerous mid-sized companies which have been established in their domestic countries for many years. Niche suppliers have an important market position within various product markets.

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