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The increased building of new metro networks in key cities is likely to stimulate innovation in locomotive driver assistance systems production, propelling the market during the forecast period.

The global driver assistance systems for locomotives market is expected to grow from $8.54 billion in 2022 to $8.97 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The global driver assistance systems for locomotives market size is expected to reach $10.5 billion in 2027 at a CAGR of 4%.

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Global Driver Assistance Systems For locomotives Market Segments Include:

• By Component: RADAR, LIDAR, Optical Sensor And Camera, Odometer, Infrared Sensor, Antenna, Other Components
• By Train Type: Long Distance Train, Suburban, Tram, Monorail Subway Or Metro
• By Application: Emergency Braking, Automatic Door Open and Closure, Switch Detection, Rail Detection, Fog Pilot Assistance System, Rail Signal Detection, Anti Collision System
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global driver assistance systems for locomotives market in 2021.

Major Market Players in the driver assistance systems for locomotives market include Thales Group, Alstom S.A., Hitachi Ltd., Siemens AG, Mitsubishi Electric, Kawasaki Heavy industries Ltd., ABB Ltd., Construcciones y Auxiliar de Ferrocarriles S.A. (CAF).

Technological developments have emerged as the most popular trend in locomotive driver assistance systems. Major firms in the locomotive driver assistance system market are creating innovative technologies to increase their market position. For example, Thales Group, a French firm that designs, develops, and produces electrical systems, will debut Greenspeed, a train driver assistance system designed to aid in transportation decarbonization, in June 2021. With a DAS connection, information providers can deploy artificial intelligence algorithms. This means that the system can advise the driver on the best speed to maintain the schedule while also providing a comfortable trip. It also saves energy and protects machinery wear and tear by reducing unnecessary use of the brakes and engine.

The Driver Assistance Systems For Locomotives Global Market Report 2023  provides a driver assistance systems for locomotives market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The driver assistance systems for locomotives market forecast analyzes driver assistance systems for locomotives market size, driver assistance systems for locomotives market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Driver assistance systems for locomotives are technologies used to make railway travel safer by automating, adapting, and improving activities associated with vehicle operation. It aids locomotive drivers in controlling the operation of railway components such as couplers, knuckles, wheels, and brake shoes.

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