The global automatic route control system market is expected to grow at a significant CAGR during the forecast period. The major factors contributing to the growth of the global automatic route control system market include the technological advancements for rising passenger convenience and emerging smart city trends.
The Automatic Route Control System (ARCS) is a self-controlled automated system that manages actions such as delivery or pickup of commodities performed along specified routes and guides the functioning of a traditional motor vehicle. The system monitors the vehicle's location coordinates in practice and correlates them to the route coordinates, and then delivers relevant auditory, visual, and/or printed commands based on the location. The system also detects driver faults and recommends actions to fix problems. The routes to be travelled and the actions to be conducted are defined on replaceable magnetic tape cartridges that can be updated daily or as needed from a central computer file. ARCS enables a motorist to navigate a complex route efficiently without the use of maps or lists, as well as without prior knowledge of the route. Due to computer-prepared data for route computing can be gathered on a magnetic tape cartridge, it also removes time-consuming manual report preparation.
The key players contributing to the growth of the global automatic route control system market by adopting various strategies such as product launches & developments, mergers, and acquisition, partnership, and agreements, include Thales, Argenia Railway Technologies, Siemens Mobility, Inc., WAGO Corporation, Alstom, China Railway Signal and Communication Co, Ltd., among others.
Market Coverage
o By Type
o By Application
o North America
o Europe
o Asia Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Automatic Route Control System Market by Segments
By Type
By Application
Global Automatic Route Control System Market by region
North America
Europe
Asia-Pacific
Rest of the World