The global railway industry is experiencing incredible growth.
Statista estimates that the European railway market will grow from 16 billion USD (13 billion euros | 11.4 billion GBP) in 2020 to nearly 29 billion USD (24 billion euros | 20.6 billion GBP) by 2025 — an annual growth rate of 12%. Railway engineering teams face the difficult task of balancing growth and product innovation with an unswerving commitment to passenger safety.
As consumers look for environmentally responsible transportation alternatives, rail tracks are becoming more densely populated with traffic. For trains to make gains in speed and energy performance, rail manufacturers must ensure their designs operate with an incredible degree of precision.
At the same time, railway engineers are also challenged to capitalise on the new opportunities created by digitalisation, autonomy and cross-border standardisation that will open longer routes.
Virtually every rail manufacturer today is racing to market with revolutionary new solutions in key areas to support the growth of the railway industry by optimising control and maximising safety, even as traffic increases. Let’s look at some of the key technology growth areas.
Automatic Communications-Based Train Control (CBTC) and Protection Systems
Increasingly, railway control and protection systems feature some level of autonomy — including fully driverless operation. Because CBTC systems use real-time data to manage traffic and infrastructure capacity,…