Middle East & Africa Autonomous Train Market Size & Outlook
Middle East & Africa autonomous train market, 2018-2030 (US$M)
MEA autonomous train market highlights
- The MEA autonomous train market generated a revenue of USD 578.3 million in 2023.
- The market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
- In terms of segment, goa 1 was the largest revenue generating autonomous train in 2023.
- GoA 1 is the most lucrative autonomous train segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 578.3 million |
| Market revenue in 2030 | USD 725.3 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Goa 1 |
| Fastest growing segment | GoA 1 |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | GoA 1 |
| Key market players worldwide | Siemens AG, Alstom SA, Thales, Kawasaki Heavy Industries Ltd, Hitachi Rail, Mitsubishi Heavy Industries Ltd, Wabtec, Ingeteam, CRRC Corp Ltd ADR |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.9% of the global autonomous train market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 3,334.8 million by 2030.
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Autonomous Train Market Scope
Autonomous Train Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa autonomous train market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to autonomous train market will help companies and investors design strategic landscapes.
Goa 1 was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa autonomous train market based on goa 1 covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of autonomous train market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa autonomous train market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa autonomous train market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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