Global Train Control and Management Systems Market Is Estimated To Reach A Valuation Of US 578 Billion By The End Of 2031 FactMR Study

Rockville, April 05, 2023 (GLOBE NEWSWIRE) — Fact.MR – A Market Research and Competitive Intelligence Provider: Sales in the global train control and management systems market are expected to create an incremental opportunity of US$ 5.78 Bn by the end of 2031. Governments in various countries are emphasizing on strengthening their railway infrastructure to reduce the travel time and cost of goods transit. For instance, numerous rail infrastructure development projects are being constructed in the U.S. such as California High-speed Rail, Second Avenue Subway, and Red and Purple Line Modernization. As train control and management systems are extensively used in…