The report "Track Geometry Measurement System Market
by Measurement Type (Gauge, Twist, Vertical Profile), Operation Type
(No Contact & Contact Based), Railway Type (High Speed, Mass
Transit, Heavy Haul, Light), Component, and Geography - Global Forecast
to 2022", is expected be valued at USD 3.51 Billion by 2022,
at a CAGR of 7.88% between 2016 and 2022. The growth of this market is
driven by the factors such as increasing need for safety and security
in railway transport and growing railway networks and metro lines.
• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=31376329
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=31376329
The objective of this report is to define, describe,
and forecast the market size and growth potential of the track geometry
measurement system market across different segments such as measurement
type (track gauge, twist, and others), operation type (no contact and
contact), railway type (high speed, mass transit, heavy haul, light),
and component. It also includes the forecast of the market size, in
terms of value, with respect to four main geographies, namely, North
America, Europe, APAC, and Rest of the World.
The study identifies and
analyzes the market dynamics such as drivers, restraints, opportunities,
and industry-specific challenges for the market. It also profiles the
key players operating in track geometry measurement system market. The
base year considered for this report is 2015, and the forecast period
for the market has been considered between 2016 and 2022. The growth of
this market is driven by the factors such as increasing need for safety
and security in railway transport and growing railway networks and metro
lines. The diversified solutions and services such as asset management,
rail track gauge inspection and diagnostics, data analysis and
management in the railway transit system will create opportunities for
the track geometry measurement system market.
The scope of this report covers the track geometry
measurement system market on the basis of measurement type (track gauge,
twist, and others), operation type (no contact and contact), railway
type (high speed, mass transit, heavy haul, light), and component, and
geography. The study identifies and analyzes the market dynamics such as
drivers, restraints, opportunities, and industry-specific challenges
for the market. It also profiles the key players operating in the track
geometry measurement system market.
The market for track gauge measurement type is
estimated to hold the largest share of the track geometry measurement
system market in 2015. All passenger rail types, including high-speed or
light and freight rails on a particular network, must have wheelsets
that are compatible with the track gauge to avoid derailment; hence,
track gauge is a very important parameter during track geometry
measurement. Track gauges generally vary by country and sometimes within
countries as well.
On the basis of railway type, the high-speed railways
segment is expected to register the highest growth during the forecast
period. High-speed rail is the form of rail transport that operates
significantly faster than traditional rail, using an integrated system
of specialized rolling stocks and dedicated railway tracks. This type of
rail is mostly intended for passenger travel and is considered as one
of the safest modes of transportation. These trains normally operate on
the railway track having standard track gauge. Various high-speed
railway projects have been progressing rapidly worldwide in recent
years, creating opportunities for the TGMS market. This is proven to be
an efficient transportation mode and stimulate further economic growth
by connecting major cities.
Some of the major players in this market are Ensco,
Inc. (U.S.), Fugro (Netherlands), MER MEC S.p.A. (Italy), Balfour Beatty
(U.K.), Egis (France), Plasser & Theurer (Austria), MRX
Technologies (Australia), R. Bance & Co., Ltd. (U.K.), Bentley
Systems, Inc. (U.S.), and Goldschmidt Thermit Group (Germany), among
others.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
