Thailand Rail Signaling Market 2024-2030

SKU: MFPL24-10642 Categories: , , ,
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The Thailand Rail Signaling Market, valued at $XX Billion in 2023, is projected to grow significantly by 2030, driven by modernizations like the implementation of ETCS Level 1 across SRT’s network. Recent initiatives include Thales’s installation of advanced signaling systems at 48 train stations, enhancing safety and efficiency. This market shift includes upgrading from traditional systems to advanced computer-based interlocking and fiber optic networks.

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Description

INTRODUCTION TO THAILAND RAIL SIGNALING MARKET

The Mainline in Thailand uses computer-based interlocking and colour light signals for modern railroad signalling. SRT is now putting CTC into place to connect the whole country’s signalling system utilising a fibre optic network.

This comprises all mainline extensions from Bangkok that have recently undergone double tracking.

Early double tracking projects used a normal interlocking system, but later projects—mostly in rural areas—were designed to upgrade to ETCS Level 1 starting with the Red Line commuter project and more current double tracking projects.

THAILAND RAIL SIGNALING MARKET SIZE AND FORECAST

The Thailand Rail Signaling Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

THAILAND RAIL SIGNALING MARKET DYNAMICS

Thales in Thailand increases rail safety at 48 train stations.

Through a contract with SRT, Thales and its consortium partner River Engineering are assisting Thailand in reviving its rail industry by designing, providing, and installing ETCS Level 1 on four separate sections of SRT’s railway network, which will cover a sizable portion of each of SRT’s four lines (Northern, North-Eastern, Eastern and Southern Lines).

The initiative, helps SRT modernise its railway network by using ETCS as the default Automatic Train Protection (ATP) technology.

From Lop Buri in the north to Nakhon Pathom in the south to Map Kabao in the northeast, the signalling project will encompass 48 stations.

The longest stretch of 21 stations from Hua Mak to Laem Chabang that will have ETCS Level 1 installed would allow commuters to quickly and safely travel to the most eastern region of Thailand by rail.

In the past few years, Thales has developed substantial expertise in the transportation industry, including automatic fare collection systems and maintenance for the Bangkok Blue Line Extension.

THAILAND RAIL SIGNALING MARKET COMPANY PROFILE

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average cost per Thailand Rail Signaling Market right now and how will it change in next 5-6 years?
  2. Average cost to set up a Rail Signaling Market in Thailand?
  3. How many Thailand Rail Signaling Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  4. What is happening in the overall public, globally?
  5. Cost breakup of a Thailand Rail Signaling Market and key vendor selection criteria
  6. Where is the Thailand Rail Signaling Market manufactured? What is the average margin per equipment?
  7. Market share of Thailand Rail Signaling Market manufacturers and their upcoming products
  8. The most important planned Thailand Rail Signaling Market in next 2 years
  9. Details on network of major Thailand Rail Signaling Market and pricing plans
  10. Cost advantage for OEMs who manufacture Thailand Rail Signaling Market in-house
  11. 5 key predictions for next 5 years in Thailand Rail Signaling Market
  12. Average B-2-B Thailand Rail Signaling Market price in all segments
  13. Latest trends in Thailand Rail Signaling Market, by every market segment
  14. The market size (both volume and value) of Thailand Rail Signaling Market in 2024-2030 and every year in between?
  15. Global production breakup of Thailand Rail Signaling Market, by suppliers and their OEM relationship

Additional information

Language

english

Licence

Single User, Enterprise License

Release date

2024

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