Automatic Route Control System Market

Automatic Route Control System Market Size, Share & Trends Analysis Report and Forecast 2021-2027

Published: Sep 2021 | Report Code: OMR2024186 | Category : Automotive and Transportation | Delivery Format: /

The global automatic route control system market is expected to grow at a significant CAGR during the forecast period. The major factors contributing to the growth of the global automatic route control system market include the technological advancements for rising passenger convenience and emerging smart city trends.

The Automatic Route Control System (ARCS) is a self-controlled automated system that manages actions such as delivery or pickup of commodities performed along specified routes and guides the functioning of a traditional motor vehicle. The system monitors the vehicle's location coordinates in practice and correlates them to the route coordinates, and then delivers relevant auditory, visual, and/or printed commands based on the location. The system also detects driver faults and recommends actions to fix problems. The routes to be travelled and the actions to be conducted are defined on replaceable magnetic tape cartridges that can be updated daily or as needed from a central computer file. ARCS enables a motorist to navigate a complex route efficiently without the use of maps or lists, as well as without prior knowledge of the route. Due to computer-prepared data for route computing can be gathered on a magnetic tape cartridge, it also removes time-consuming manual report preparation.

The key players contributing to the growth of the global automatic route control system market by adopting various strategies such as product launches & developments, mergers, and acquisition, partnership, and agreements, include Thales, Argenia Railway Technologies, Siemens Mobility, Inc., WAGO Corporation, Alstom, China Railway Signal and Communication Co, Ltd., among others.

Market Coverage

  • The market number available for – 2020-2027
  • Base year- 2020
  • Forecast period- 2021-2027
  • Segment Covered- 

o By Type

o By Application

  • Regions covered-

o North America

o Europe

o Asia Pacific

o Rest of the World

  • Competitive Landscape- Argenia Railway Technologies, Siemens Mobility, Inc., WAGO Corporation, Alstom, China Railway Signal and Communication Co, Ltd., among others. 

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Automatic Route Control System Market by Segments

By Type

  • Analogue System
  • Digital System
  • Others

By Application

  • Ordinary Railway
  • High-speed Rail
  • Subway
  • Others

Global Automatic Route Control System Market by region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe 

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific 

Rest of the World

  • Latin America 
  • Middle East & Africa