One of the greatest problems encountered by railways in Europe is that track costs, the major cost component for Infrastructure Managers (IMs), have not significantly decreased in the last 30 years. In the same period of time, competing modes of transportation have seen a significant reduction of Life Cycle Costs (LCC). This narrows the business case for rail transportation. In addition to costs, noise pollution also became a crucial issue for railway operations.
Track Geometry Measurement System, is used during new railway construction and used in track geometry based risk and maintenance management for revenue track lines. Major criterions of a track geometry measurement system is measuring:
-Track gauge
-Track cant
-Transition curve and superelevation ramp
-Horizontal curve radius
-Vertical curve radius and gradient
Other criterions also may include: twist, dynamic cross-level, etc.
As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years. China is the major contributor for this region. As of 2016, China has the world’s longest high-speed railway network. In addition, the rapid expansions in metro systems in the countries such as India and Australia are creating growth prospects in this region.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
According to this study, over the next five years the Track Geometry Measurement Systems market will register a 4.0% CAGR in terms of revenue, the global market size will reach US$ 610 million by 2024, from US$ 480 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Track Geometry Measurement Systems business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Track Geometry Measurement Systems market by product type, application, key manufacturers and key regions and countries.
This study considers the Track Geometry Measurement Systems value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Track Geometry Trolley
Track Geometry Inspection Vehicle (TGIV)
Autonomous Track Geometry Measurement System (ATGMS)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
High-Speed Railway
Heavy Haul Railway
Conventional Railway
Urban Transport
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Amberg Technologies
Trimble Railway GmbH
ENSCO
MERMEC
Plasser & Theurer
Harsco Rail
Fugro
Holland LP
GRAW
MRX Technologies
Jiangxi Everbright
Southsurvey
R.Bance & Co Ltd
Rail Vision
ESIM
DMA
Beena Vision
KZV
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Track Geometry Measurement Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Track Geometry Measurement Systems market by identifying its various subsegments.
Focuses on the key global Track Geometry Measurement Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Track Geometry Measurement Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Track Geometry Measurement Systems submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Track Geometry Measurement Systems . Industry analysis & Market Report on Track Geometry Measurement Systems is a syndicated market report, published as Global Track Geometry Measurement Systems Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Track Geometry Measurement Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.