Substantial surge in train related accidents and fatalities remains a major concern across regions, thus necessitating adoption of ideal monitoring solution to aid driver as well as locomotive performance. This rising need has leveraged significant growth in driver assistance system (DAS) marketfor locomotive. Additionally, adoption of locomotive as a potent public transport option further drives growth in DAS market. To evaluate ongoing market developments and their reciprocal implications on the growth of DAS market, Market Research Reports Search Engine (MRRSE) has recently added a new research report titled, ‘Driver Assistance System (DAS) Market for Locomotive – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026‘to its fast expanding repository.
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Owing to rising population and burgeoning need for affordable commute system, adoption of monorail and suburban rail amongst other locomotive types has gained reasonable traction, thus facilitating tremendous growth scope in driver assistance system (DAS) market for locomotive.
Business acquisitions and mergers remain dominant marketing strategies amongst leading market vendors eyeing sustenance in driver assistance system (DAS) market for locomotive.
Thales Acquires Cubris to Diversify its Portfolio in DAS for Locomotive
In a recent development, industry veteran Thales has lately ended an acquisition deal of Cubris, best known for its sophisticated DAS portfolio. The company’s flagship DAS technologies such as GreenSpeed is a widely accepted DAS adopted in Sweden, Finland, and Germany. Cubris’ DAS portfolio is considered to be an ideal technology for autonomous trains. With this major development in place, driver assistance system (DAS) market for locomotive is expected to attain novel growth triggers in the near future.
LIDAR Component Segment Continues to Influence Revenue Maximization in DAS Market
The report commences with an elaborate market definition and scope emphasizing significant market drivers, restraints, and an opportunity assessment prevalent in driver assistance system (DAS) market for locomotive. This section of the report offers a summary of micro economic and macroeconomic factors that influence growth in DAS market. Further, the report also entails a deep-dive description of market segments prevalent in driver assistance system (DAS) market, based on which the market is segregated by type, application, and component. Based on type, DAS market is classified into long distance train, suburban, tram, monorail, and subway/metro. On the basis of application, DAS market is splintered into emergency braking system, automatic door opening and closure, switch detection, rail detection, fog pilot assistance system, rail signal detection, and anti-collision system. In terms of component, DAS market is bifurcated into RADAR, LIDAR, optical sensor and camera, odometer, infrared sensor, and antenna amongst others.
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Latin America Emerges as a Lucrative Market for Driver Assistance System (DAS) Market for Locomotive
Further in the course of the report, readers are also presented with an elaborate description of regional diversification, based on which driver assistance market is demarcated into Europe, North America, Latin America, Asia-Pacific, and Middle East and Africa.
Competition Dashboard: DAS Market for Locomotive
Comprehensive research postulates articulated in this section of the report brief readers on several winning strategies implemented by leading market players across regions and their eventual impact on consumer response as well as on holistic growth of driver assistance system market for locomotive. In-depth analysis of these business tactics by market participants aid understanding and perspectives, based on which market players can demonstrate lucrative business models to secure their lead amidst stiff competition in DAS market. The report also profiles some of the leading DAS market participants such as Thales Group, Hitachi Ltd, General Electric, Robert Bosch GmbH, and CalAmp amongst others.
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