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Autonomous Train Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global autonomous train market size reached US$ 8.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

Autonomous trains are driverless mass-transit locomotives that are monitored from the control station and operated automatically without any human intervention. Some of the commonly used autonomous passenger and freight trains include metros, monorails, light rails and high-speed rail or bullet trains. They are managed through stations that control the arrival, departure, movement, and automatic halting of the trains. Autonomous trains consist of an odometer, tachometer, radio set, camera, and accelerometer. In comparison to manually controlled trains, autonomous trains have improved acceleration capabilities, enhanced system efficiency, and reduced ongoing operational costs while providing consistent train speed and safety. 

 

 
 

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Autonomous Train Market Trends:

The increasing electrification and automation of the transportation industry is one of the key factors driving the growth of the market. Autonomous trains are integrated with advanced systems that provide improved control over stopping, departure and movement of the locomotive between stations. They also offer automatic and sensor-based opening and closing of doors to enhance passenger safety and convenience. Moreover, the rising demand for safe, secure, and efficient transport systems is providing a thrust to the market growth. Autonomous trains run on ground and underground levels and are highly secured by walls and fences to prevent trespassing and fatalities. Additionally, various technological advancements, such as the integration of the Internet of Things (IoT) and artificial intelligence (AI) solutions with railway systems, are favoring the market growth. These technologies aid in improving the overall operational efficiency and maintaining freight operations and systems. In line with this, the widespread adoption of communications-based train control (CBTC) technology to reduce the time intervals between trains is positively impacting the market growth. Other factors, including the implementation of various government initiatives to improve public transportation systems, along with rising environment consciousness among the masses, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global autonomous train market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, train type, automation grade, technology and application.

Breakup by Component:

 

 
 

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  • Camera
  • Accelerometer
  • Odometer
  • Tachometer
  • Radio set
  • Others
     

Breakup by Train Type:

  • Metro/Monorail
  • Light Rail
  • High-Speed Rail/Bullet Train
     

Breakup by Automation Grade:

  • GoA 1
  • GoA 2
  • GoA 3
  • GoA 4
     

Breakup by Technology:

  • CBTC
  • ERTMS
  • ATC
  • PTC
     

Breakup by Application:

  • Passenger Train
  • Freight Train
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Alstom SA, Belden Inc., Bombardier Inc., CAF Construcciones y Auxiliar de Ferrocarriles S.A., CRRC Corporation Limited, General Electric Company, Hitachi Ltd., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., Siemens AG, and Thales Group.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Component, Train Type, Automation Grade, Technology, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd., Alstom SA, Belden Inc., Bombardier Inc., CAF Construcciones y Auxiliar de Ferrocarriles S.A., CRRC Corporation Limited, General Electric Company, Hitachi Ltd., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., Siemens AG, and Thales Group
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Autonomous Train Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Component
    6.1    Camera
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Accelerometer
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Odometer
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Tachometer
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Radio set
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7   Market Breakup by Train Type
    7.1    Metro/Monorail
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Light Rail
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    High-Speed Rail/Bullet Train
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by Automation Grade
    8.1    GoA 1
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    GoA 2
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    GoA 3
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    GoA 4
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Technology
    9.1    CBTC
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    ERTMS
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    ATC
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    PTC
        9.4.1 Market Trends
        9.4.2 Market Forecast
10  Market Breakup by Application
    10.1    Passenger Train
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Freight Train
        10.2.1 Market Trends
        10.2.2 Market Forecast
11  Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia-Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12  SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13  Value Chain Analysis
14  Porters Five Forces Analysis

    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15  Price Analysis
16  Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    ABB Ltd.
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
           16.3.1.3 Financials
           16.3.1.4 SWOT Analysis
        16.3.2    Alstom SA
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
           16.3.2.3 Financials
           16.3.2.4 SWOT Analysis
        16.3.3    Belden Inc.
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio
           16.3.3.3 Financials
           16.3.3.4 SWOT Analysis
        16.3.4    Bombardier Inc.
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio
           16.3.4.3 Financials
           16.3.4.4 SWOT Analysis
        16.3.5    CAF Construcciones y Auxiliar de Ferrocarriles S.A.
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio
           16.3.5.3 Financials
        16.3.6    CRRC Corporation Limited
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
           16.3.6.3 Financials
        16.3.7    General Electric Company
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8    Hitachi Ltd.
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    Kawasaki Heavy Industries Ltd.
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
           16.3.9.3 Financials
           16.3.9.4 SWOT Analysis
        16.3.10    Mitsubishi Heavy Industries Ltd.
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio
           16.3.10.3 Financials
           16.3.10.4 SWOT Analysis
        16.3.11    Siemens AG
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio
           16.3.11.3 Financials
           16.3.11.4 SWOT Analysis
        16.3.12    Thales Group
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio
           16.3.12.3 Financials
           16.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Autonomous Train Market: Major Drivers and Challenges
Figure 2: Global: Autonomous Train Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Autonomous Train Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Autonomous Train Market: Breakup by Component (in %), 2022
Figure 5: Global: Autonomous Train Market: Breakup by Train Type (in %), 2022
Figure 6: Global: Autonomous Train Market: Breakup by Automation Grade (in %), 2022
Figure 7: Global: Autonomous Train Market: Breakup by Technology (in %), 2022
Figure 8: Global: Autonomous Train Market: Breakup by Application (in %), 2022
Figure 9: Global: Autonomous Train Market: Breakup by Region (in %), 2022
Figure 10: Global: Autonomous Train (Camera) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Autonomous Train (Camera) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Autonomous Train (Accelerometer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Autonomous Train (Accelerometer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Autonomous Train (Odometer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Autonomous Train (Odometer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Autonomous Train (Tachometer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Autonomous Train (Tachometer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Autonomous Train (Radio set) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Autonomous Train (Radio set) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Autonomous Train (Other Components) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Autonomous Train (Other Components) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Autonomous Train (Metro/Monorail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Autonomous Train (Metro/Monorail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Autonomous Train (Light Rail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Autonomous Train (Light Rail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Autonomous Train (High-Speed Rail/Bullet Train) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Autonomous Train (High-Speed Rail/Bullet Train) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Autonomous Train (GoA 1) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Autonomous Train (GoA 1) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Autonomous Train (GoA 2) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Autonomous Train (GoA 2) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Autonomous Train (GoA 3) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Autonomous Train (GoA 3) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Autonomous Train (GoA 4) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Autonomous Train (GoA 4) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Autonomous Train (CBTC) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Autonomous Train (CBTC) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Autonomous Train (ERTMS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Autonomous Train (ERTMS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Autonomous Train (ATC) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Autonomous Train (ATC) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Autonomous Train (PTC) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Autonomous Train (PTC) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Autonomous Train (Passenger Train) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Autonomous Train (Passenger Train) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: Autonomous Train (Freight Train) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Autonomous Train (Freight Train) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: North America: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: North America: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: United States: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United States: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Canada: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Canada: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Asia-Pacific: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Asia-Pacific: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: China: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: China: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Japan: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Japan: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: India: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: India: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: South Korea: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: South Korea: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Australia: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Australia: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Indonesia: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Indonesia: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Europe: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Europe: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Germany: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Germany: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: France: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: France: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: United Kingdom: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: United Kingdom: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Italy: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Italy: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Spain: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Spain: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Russia: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Russia: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Latin America: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Latin America: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Brazil: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Brazil: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Mexico: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Mexico: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Others: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Others: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Middle East and Africa: Autonomous Train Market: Sales Value (in Million US$), 2017 & 2022
Figure 95: Middle East and Africa: Autonomous Train Market: Breakup by Country (in %), 2022
Figure 96: Middle East and Africa: Autonomous Train Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 97: Global: Autonomous Train Industry: SWOT Analysis
Figure 98: Global: Autonomous Train Industry: Value Chain Analysis
Figure 99: Global: Autonomous Train Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Autonomous Train Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Autonomous Train Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Autonomous Train Market Forecast: Breakup by Train Type (in Million US$), 2023-2028
Table 4: Global: Autonomous Train Market Forecast: Breakup by Automation Grade (in Million US$), 2023-2028
Table 5: Global: Autonomous Train Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 6: Global: Autonomous Train Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 7: Global: Autonomous Train Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Autonomous Train Market: Competitive Structure
Table 9: Global: Autonomous Train Market: Key Players


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Key Questions Answered in This Report

The global autonomous train market was valued at US$ 8.5 Billion in 2022.

We expect the global autonomous train market to exhibit a CAGR of 5.9% during 2023-2028.

The increasing automation across the transportation industry, along with the rising demand for safe, secure, and efficient transport system, such as autonomous train, to enhance passenger safety and convenience, is primarily driving the autonomous train market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary restrictions on travel activities, thereby negatively impacting the global market for autonomous train.

Based on the automation grade, the global autonomous train market can be categorized into GoA 1, GoA 2, GoA 3, and GoA 4. Currently, GoA 1 accounts for the majority of the total market share.

Based on the technology, the global autonomous train market has been segregated into CBTC, ERTMS, ATC, and PTC. Among these, CBTC currently holds the largest market share.

Based on the application, the global autonomous train market can be bifurcated into passenger train and freight train. Currently, passenger train exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global autonomous train market include ABB Ltd., Alstom SA, Belden Inc., Bombardier Inc., CAF Construcciones y Auxiliar de Ferrocarriles S.A., CRRC Corporation Limited, General Electric Company, Hitachi Ltd., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., Siemens AG, and Thales Group.

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