1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Train Protection & Warning System (TPWS) Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Overspeed Sensor System (OSS) 1.2.3 Train Stop System (TSS) 1.3 Market by Application 1.3.1 Global Train Protection & Warning System (TPWS) Market Share by Application: 2016 VS 2021 VS 2027 1.3.2 Urban Traffic 1.3.3 Crosstown Traffic 1.4 Study Objectives 1.5 Years Considered 2 Global Growth Trends 2.1 Global Train Protection & Warning System (TPWS) Market Perspective (2016-2027) 2.2 Train Protection & Warning System (TPWS) Growth Trends by Regions 2.2.1 Train Protection & Warning System (TPWS) Market Size by Regions: 2016 VS 2021 VS 2027 2.2.2 Train Protection & Warning System (TPWS) Historic Market Share by Regions (2016-2021) 2.2.3 Train Protection & Warning System (TPWS) Forecasted Market Size by Regions (2022-2027) 2.3 Train Protection & Warning System (TPWS) Industry Dynamic 2.3.1 Train Protection & Warning System (TPWS) Market Trends 2.3.2 Train Protection & Warning System (TPWS) Market Drivers 2.3.3 Train Protection & Warning System (TPWS) Market Challenges 2.3.4 Train Protection & Warning System (TPWS) Market Restraints 3 Competition Landscape by Key Players 3.1 Global Top Train Protection & Warning System (TPWS) Players by Revenue 3.1.1 Global Top Train Protection & Warning System (TPWS) Players by Revenue (2016-2021) 3.1.2 Global Train Protection & Warning System (TPWS) Revenue Market Share by Players (2016-2021) 3.2 Global Train Protection & Warning System (TPWS) Market Share by Company Type (Tier 1, Tier 2 and Tier 3) 3.3 Players Covered: Ranking by Train Protection & Warning System (TPWS) Revenue 3.4 Global Train Protection & Warning System (TPWS) Market Concentration Ratio 3.4.1 Global Train Protection & Warning System (TPWS) Market Concentration Ratio (CR5 and HHI) 3.4.2 Global Top 10 and Top 5 Companies by Train Protection & Warning System (TPWS) Revenue in 2020 3.5 Train Protection & Warning System (TPWS) Key Players Head office and Area Served 3.6 Key Players Train Protection & Warning System (TPWS) Product Solution and Service 3.7 Date of Enter into Train Protection & Warning System (TPWS) Market 3.8 Mergers & Acquisitions, Expansion Plans 4 Train Protection & Warning System (TPWS) Breakdown Data by Type 4.1 Global Train Protection & Warning System (TPWS) Historic Market Size by Type (2016-2021) 4.2 Global Train Protection & Warning System (TPWS) Forecasted Market Size by Type (2022-2027) 5 Train Protection & Warning System (TPWS) Breakdown Data by Application 5.1 Global Train Protection & Warning System (TPWS) Historic Market Size by Application (2016-2021) 5.2 Global Train Protection & Warning System (TPWS) Forecasted Market Size by Application (2022-2027) 6 North America 6.1 North America Train Protection & Warning System (TPWS) Market Size (2016-2027) 6.2 North America Train Protection & Warning System (TPWS) Market Size by Type 6.2.1 North America Train Protection & Warning System (TPWS) Market Size by Type (2016-2021) 6.2.2 North America Train Protection & Warning System (TPWS) Market Size by Type (2022-2027) 6.2.3 North America Train Protection & Warning System (TPWS) Market Size by Type (2016-2027) 6.3 North America Train Protection & Warning System (TPWS) Market Size by Application 6.3.1 North America Train Protection & Warning System (TPWS) Market Size by Application (2016-2021) 6.3.2 North America Train Protection & Warning System (TPWS) Market Size by Application (2022-2027) 6.3.3 North America Train Protection & Warning System (TPWS) Market Size by Application (2016-2027) 6.4 North America Train Protection & Warning System (TPWS) Market Size by Country 6.4.1 North America Train Protection & Warning System (TPWS) Market Size by Country (2016-2021) 6.4.2 North America Train Protection & Warning System (TPWS) Market Size by Country (2022-2027) 6.4.3 United States 6.4.4 Canada 7 Europe 7.1 Europe Train Protection & Warning System (TPWS) Market Size (2016-2027) 7.2 Europe Train Protection & Warning System (TPWS) Market Size by Type 7.2.1 Europe Train Protection & Warning System (TPWS) Market Size by Type (2016-2021) 7.2.2 Europe Train Protection & Warning System (TPWS) Market Size by Type (2022-2027) 7.2.3 Europe Train Protection & Warning System (TPWS) Market Size by Type (2016-2027) 7.3 Europe Train Protection & Warning System (TPWS) Market Size by Application 7.3.1 Europe Train Protection & Warning System (TPWS) Market Size by Application (2016-2021) 7.3.2 Europe Train Protection & Warning System (TPWS) Market Size by Application (2022-2027) 7.3.3 Europe Train Protection & Warning System (TPWS) Market Size by Application (2016-2027) 7.4 Europe Train Protection & Warning System (TPWS) Market Size by Country 7.4.1 Europe Train Protection & Warning System (TPWS) Market Size by Country (2016-2021) 7.4.2 Europe Train Protection & Warning System (TPWS) Market Size by Country (2022-2027) 7.4.3 Germany 7.4.4 France 7.4.5 U.K. 7.4.6 Italy 7.4.7 Russia 7.4.8 Nordic 8 Asia-Pacific 8.1 Asia-Pacific Train Protection & Warning System (TPWS) Market Size (2016-2027) 8.2 Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Type 8.2.1 Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Type (2016-2021) 8.2.2 Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Type (2022-2027) 8.2.3 Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Type (2016-2027) 8.3 Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Application 8.3.1 Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Application (2016-2021) 8.3.2 Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Application (2022-2027) 8.3.3 Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Application (2016-2027) 8.4 Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Region 8.4.1 Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Region (2016-2021) 8.4.2 Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Region (2022-2027) 8.4.3 China 8.4.4 Japan 8.4.5 South Korea 8.4.6 Southeast Asia 8.4.7 India 8.4.8 Australia 9 Latin America 9.1 Latin America Train Protection & Warning System (TPWS) Market Size (2016-2027) 9.2 Latin America Train Protection & Warning System (TPWS) Market Size by Type 9.2.1 Latin America Train Protection & Warning System (TPWS) Market Size by Type (2016-2021) 9.2.2 Latin America Train Protection & Warning System (TPWS) Market Size by Type (2022-2027) 9.2.3 Latin America Train Protection & Warning System (TPWS) Market Size by Type (2016-2027) 9.3 Latin America Train Protection & Warning System (TPWS) Market Size by Application 9.3.1 Latin America Train Protection & Warning System (TPWS) Market Size by Application (2016-2021) 9.3.2 Latin America Train Protection & Warning System (TPWS) Market Size by Application (2022-2027) 9.3.3 Latin America Train Protection & Warning System (TPWS) Market Size by Application (2016-2027) 9.4 Latin America Train Protection & Warning System (TPWS) Market Size by Country 9.4.1 Latin America Train Protection & Warning System (TPWS) Market Size by Country (2016-2021) 9.4.2 Latin America Train Protection & Warning System (TPWS) Market Size by Country (2022-2027) 9.4.3 Mexico 9.4.4 Brazil 10 Middle East & Africa 10.1 Middle East & Africa Train Protection & Warning System (TPWS) Market Size (2016-2027) 10.2 Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Type 10.2.1 Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Type (2016-2021) 10.2.2 Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Type (2022-2027) 10.2.3 Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Type (2016-2027) 10.3 Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Application 10.3.1 Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Application (2016-2021) 10.3.2 Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Application (2022-2027) 10.3.3 Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Application (2016-2027) 10.4 Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Country 10.4.1 Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Country (2016-2021) 10.4.2 Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Country (2022-2027) 10.4.3 Turkey 10.4.4 Saudi Arabia 10.4.5 UAE 11 Key Players Profiles 11.1 Thales Group 11.1.1 Thales Group Company Details 11.1.2 Thales Group Business Overview 11.1.3 Thales Group Train Protection & Warning System (TPWS) Introduction 11.1.4 Thales Group Revenue in Train Protection & Warning System (TPWS) Business (2016-2021) 11.1.5 Thales Group Recent Development 11.2 RSSB 11.2.1 RSSB Company Details 11.2.2 RSSB Business Overview 11.2.3 RSSB Train Protection & Warning System (TPWS) Introduction 11.2.4 RSSB Revenue in Train Protection & Warning System (TPWS) Business (2016-2021) 11.2.5 RSSB Recent Development 11.3 Mors Smitt 11.3.1 Mors Smitt Company Details 11.3.2 Mors Smitt Business Overview 11.3.3 Mors Smitt Train Protection & Warning System (TPWS) Introduction 11.3.4 Mors Smitt Revenue in Train Protection & Warning System (TPWS) Business (2016-2021) 11.3.5 Mors Smitt Recent Development 11.4 Hytera 11.4.1 Hytera Company Details 11.4.2 Hytera Business Overview 11.4.3 Hytera Train Protection & Warning System (TPWS) Introduction 11.4.4 Hytera Revenue in Train Protection & Warning System (TPWS) Business (2016-2021) 11.4.5 Hytera Recent Development 12 Analyst's Viewpoints/Conclusions 13 Appendix 13.1 Research Methodology 13.1.1 Methodology/Research Approach 13.1.2 Data Source 13.2 Disclaimer 13.3 Author Details

List of Tables Table 1. Global Train Protection & Warning System (TPWS) Market Size Growth Rate by Type (US$ Million):2016 VS 2021 VS 2027 Table 2. Key Players of Overspeed Sensor System (OSS) Table 3. Key Players of Train Stop System (TSS) Table 4. Global Train Protection & Warning System (TPWS) Market Size Growth by Application (US$ Million): 2016 VS 2021 VS 2027 Table 5. Global Train Protection & Warning System (TPWS) Market Size by Regions (US$ Million): 2016 VS 2021 VS 2027 Table 6. Global Train Protection & Warning System (TPWS) Market Size by Regions (2016-2021) & (US$ Million) Table 7. Global Train Protection & Warning System (TPWS) Market Share by Regions (2016-2021) Table 8. Global Train Protection & Warning System (TPWS) Forecasted Market Size by Regions (2022-2027) & (US$ Million) Table 9. Global Train Protection & Warning System (TPWS) Market Share by Regions (2022-2027) Table 10. Train Protection & Warning System (TPWS) Market Trends Table 11. Train Protection & Warning System (TPWS) Market Drivers Table 12. Train Protection & Warning System (TPWS) Market Challenges Table 13. Train Protection & Warning System (TPWS) Market Restraints Table 14. Global Train Protection & Warning System (TPWS) Revenue by Players (2016-2021) & (US$ Million) Table 15. Global Train Protection & Warning System (TPWS) Market Share by Players (2016-2021) Table 16. Global Top Train Protection & Warning System (TPWS) Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Train Protection & Warning System (TPWS) as of 2020) Table 17. Ranking of Global Top Train Protection & Warning System (TPWS) Companies by Revenue (US$ Million) in 2020 Table 18. Global 5 Largest Players Market Share by Train Protection & Warning System (TPWS) Revenue (CR5 and HHI) & (2016-2021) Table 19. Key Players Headquarters and Area Served Table 20. Key Players Train Protection & Warning System (TPWS) Product Solution and Service Table 21. Date of Enter into Train Protection & Warning System (TPWS) Market Table 22. Mergers & Acquisitions, Expansion Plans Table 23. Global Train Protection & Warning System (TPWS) Market Size by Type (2016-2021) (US$ Million) Table 24. Global Train Protection & Warning System (TPWS) Revenue Market Share by Type (2016-2021) Table 25. Global Train Protection & Warning System (TPWS) Forecasted Market Size by Type (2022-2027) (US$ Million) Table 26. Global Train Protection & Warning System (TPWS) Revenue Market Share by Type (2022-2027) & (US$ Million) Table 27. Global Train Protection & Warning System (TPWS) Market Size Share by Application (2016-2021) & (US$ Million) Table 28. Global Train Protection & Warning System (TPWS) Revenue Market Share by Application (2016-2021) Table 29. Global Train Protection & Warning System (TPWS) Forecasted Market Size by Application (2022-2027) (US$ Million) Table 30. Global Train Protection & Warning System (TPWS) Revenue Market Share by Application (2022-2027) & (US$ Million) Table 31. North America Train Protection & Warning System (TPWS) Market Size by Type (2016-2021) (US$ Million) Table 32. North America Train Protection & Warning System (TPWS) Market Size by Type (2022-2027) & (US$ Million) Table 33. North America Train Protection & Warning System (TPWS) Market Size by Application (2016-2021) (US$ Million) Table 34. North America Train Protection & Warning System (TPWS) Market Size by Application (2022-2027) & (US$ Million) Table 35. North America Train Protection & Warning System (TPWS) Market Size by Country (2016-2021) & (US$ Million) Table 36. North America Train Protection & Warning System (TPWS) Market Size by Country (2022-2027) & (US$ Million) Table 37. Europe Train Protection & Warning System (TPWS) Market Size by Type (2016-2021) (US$ Million) Table 38. Europe Train Protection & Warning System (TPWS) Market Size by Type (2022-2027) & (US$ Million) Table 39. Europe Train Protection & Warning System (TPWS) Market Size by Application (2016-2021) (US$ Million) Table 40. Europe Train Protection & Warning System (TPWS) Market Size by Application (2022-2027) & (US$ Million) Table 41. Europe Train Protection & Warning System (TPWS) Market Size by Country (2016-2021) & (US$ Million) Table 42. Europe Train Protection & Warning System (TPWS) Market Size by Country (2022-2027) & (US$ Million) Table 43. Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Type (2016-2021) (US$ Million) Table 44. Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Type (2022-2027) & (US$ Million) Table 45. Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Application (2016-2021) (US$ Million) Table 46. Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Application (2022-2027) & (US$ Million) Table 47. Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Region (2016-2021) & (US$ Million) Table 48. Asia-Pacific Train Protection & Warning System (TPWS) Market Size by Region (2022-2027) & (US$ Million) Table 49. Latin America Train Protection & Warning System (TPWS) Market Size by Type (2016-2021) (US$ Million) Table 50. Latin America Train Protection & Warning System (TPWS) Market Size by Type (2022-2027) & (US$ Million) Table 51. Latin America Train Protection & Warning System (TPWS) Market Size by Application (2016-2021) (US$ Million) Table 52. Latin America Train Protection & Warning System (TPWS) Market Size by Application (2022-2027) & (US$ Million) Table 53. Latin America Train Protection & Warning System (TPWS) Market Size by Country (2016-2021) & (US$ Million) Table 54. Latin America Train Protection & Warning System (TPWS) Market Size by Country (2022-2027) & (US$ Million) Table 55. Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Type (2016-2021) (US$ Million) Table 56. Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Type (2022-2027) & (US$ Million) Table 57. Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Application (2016-2021) (US$ Million) Table 58. Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Application (2022-2027) & (US$ Million) Table 59. Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Country (2016-2021) & (US$ Million) Table 60. Middle East & Africa Train Protection & Warning System (TPWS) Market Size by Country (2022-2027) & (US$ Million) Table 61. Thales Group Company Details Table 62. Thales Group Business Overview Table 63. Thales Group Train Protection & Warning System (TPWS) Product Table 64. Thales Group Revenue in Train Protection & Warning System (TPWS) Business (2016-2021) & (US$ Million) Table 65. Thales Group Recent Development Table 66. RSSB Company Details Table 67. RSSB Business Overview Table 68. RSSB Train Protection & Warning System (TPWS) Product Table 69. RSSB Revenue in Train Protection & Warning System (TPWS) Business (2016-2021) & (US$ Million) Table 70. RSSB Recent Development Table 71. Mors Smitt Company Details Table 72. Mors Smitt Business Overview Table 73. Mors Smitt Train Protection & Warning System (TPWS) Product Table 74. Mors Smitt Revenue in Train Protection & Warning System (TPWS) Business (2016-2021) & (US$ Million) Table 75. Mors Smitt Recent Development Table 76. Hytera Company Details Table 77. Hytera Business Overview Table 78. Hytera Train Protection & Warning System (TPWS) Product Table 79. Hytera Revenue in Train Protection & Warning System (TPWS) Business (2016-2021) & (US$ Million) Table 80. Hytera Recent Development Table 81. Research Programs/Design for This Report Table 82. Key Data Information from Secondary Sources Table 83. Key Data Information from Primary Sources List of Figures Figure 1. Global Train Protection & Warning System (TPWS) Market Share by Type: 2020 VS 2027 Figure 2. Overspeed Sensor System (OSS) Features Figure 3. Train Stop System (TSS) Features Figure 4. Global Train Protection & Warning System (TPWS) Market Share by Application: 2020 VS 2027 Figure 5. Urban Traffic Case Studies Figure 6. Crosstown Traffic Case Studies Figure 7. Train Protection & Warning System (TPWS) Report Years Considered Figure 8. Global Train Protection & Warning System (TPWS) Market Size (US$ Million), Year-over-Year: 2016-2027 Figure 9. Global Train Protection & Warning System (TPWS) Market Size (US$ Million), 2016 VS 2021 VS 2027 Figure 10. Global Train Protection & Warning System (TPWS) Market Share by Regions: 2020 VS 2027 Figure 11. Global Train Protection & Warning System (TPWS) Market Share by Regions (2022-2027) Figure 12. Global Train Protection & Warning System (TPWS) Market Share by Players in 2020 Figure 13. Global Top Train Protection & Warning System (TPWS) Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Train Protection & Warning System (TPWS) as of 2020 Figure 14. The Top 10 and 5 Players Market Share by Train Protection & Warning System (TPWS) Revenue in 2020 Figure 15. Global Train Protection & Warning System (TPWS) Revenue Market Share by Type (2016-2021) Figure 16. Global Train Protection & Warning System (TPWS) Revenue Market Share by Type (2022-2027) Figure 17. North America Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 18. North America Train Protection & Warning System (TPWS) Market Share by Type (2016-2027) Figure 19. North America Train Protection & Warning System (TPWS) Market Share by Application (2016-2027) Figure 20. North America Train Protection & Warning System (TPWS) Market Share by Country (2016-2027) Figure 21. United States Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 22. Canada Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 23. Europe Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 24. Europe Train Protection & Warning System (TPWS) Market Share by Type (2016-2027) Figure 25. Europe Train Protection & Warning System (TPWS) Market Share by Application (2016-2027) Figure 26. Europe Train Protection & Warning System (TPWS) Market Share by Country (2016-2027) Figure 27. Germany Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 28. France Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 29. U.K. Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 30. Italy Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 31. Russia Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 32. Nordic Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 33. Asia-Pacific Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 34. Asia-Pacific Train Protection & Warning System (TPWS) Market Share by Type (2016-2027) Figure 35. Asia-Pacific Train Protection & Warning System (TPWS) Market Share by Application (2016-2027) Figure 36. Asia-Pacific Train Protection & Warning System (TPWS) Market Share by Region (2016-2027) Figure 37. China Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 38. Japan Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 39. South Korea Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 40. Southeast Asia Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 41. India Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 42. Australia Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 43. Latin America Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 44. Latin America Train Protection & Warning System (TPWS) Market Share by Type (2016-2027) Figure 45. Latin America Train Protection & Warning System (TPWS) Market Share by Application (2016-2027) Figure 46. Latin America Train Protection & Warning System (TPWS) Market Share by Country (2016-2027) Figure 47. Mexico Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 48. Brazil Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 49. Middle East & Africa Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 50. Middle East & Africa Train Protection & Warning System (TPWS) Market Share by Type (2016-2027) Figure 51. Middle East & Africa Train Protection & Warning System (TPWS) Market Share by Application (2016-2027) Figure 52. Middle East & Africa Train Protection & Warning System (TPWS) Market Share by Country (2016-2027) Figure 53. Turkey Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 54. Saudi Arabia Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 55. UAE Train Protection & Warning System (TPWS) Market Size YoY Growth (2016-2027) & (US$ Million) Figure 56. Thales Group Revenue Growth Rate in Train Protection & Warning System (TPWS) Business (2016-2021) Figure 57. RSSB Revenue Growth Rate in Train Protection & Warning System (TPWS) Business (2016-2021) Figure 58. Mors Smitt Revenue Growth Rate in Train Protection & Warning System (TPWS) Business (2016-2021) Figure 59. Hytera Revenue Growth Rate in Train Protection & Warning System (TPWS) Business (2016-2021) Figure 60. Bottom-up and Top-down Approaches for This Report Figure 61. Data Triangulation Figure 62. Key Executives Interviewed

Thales Group RSSB Mors Smitt Hytera