Global Track Geometry Measurement Systems Market Growth 2023-2029

Global Track Geometry Measurement Systems Market Growth 2023-2029

Track geometry is one of crucial track condition parameters, closely related to many other degradation phenomena, and as it is often used for triggering the whole range of track M&R activities. Track Geometry Measurement System, is used during new railway construction and used in track geometry based risk and maintenance management for revenue track lines.

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.
LPI (LP Information)' newest research report, the “Track Geometry Measurement Systems Industry Forecast” looks at past sales and reviews total world Track Geometry Measurement Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Track Geometry Measurement Systems sales for 2023 through 2029. With Track Geometry Measurement Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Track Geometry Measurement Systems industry.
This Insight Report provides a comprehensive analysis of the global Track Geometry Measurement Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Track Geometry Measurement Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Track Geometry Measurement Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Track Geometry Measurement Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Track Geometry Measurement Systems.
The global Track Geometry Measurement Systems market size is projected to grow from US$ 477.8 million in 2022 to US$ 587.9 million in 2029; it is expected to grow at a CAGR of 587.9 from 2023 to 2029.
Major players of Track Geometry Measurement Systems include Amberg Technologies, Trimble Railway GmbH, Ensco, with the top three accounting for about 30% of the market. The main market for track geometry measurement systems is the Asia-Pacific region, accounting for about 35%, followed by North America, accounting for about 30%. In terms of Type, Track Geometry Trolley is the largest segment, with a share about 83%. In terms of Apllication, the largest segment is Conventional Railway, followed by Battery.
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.
Market Segmentation:
Segmentation by type
Track Geometry Trolley
Track Geometry Inspection Vehicle (TGIV)
Autonomous Track Geometry Measurement System (ATGMS)
Segmentation by application
High-Speed Railway
Heavy Haul Railway
Conventional Railway
Urban Transport
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Track Geometry Measurement Systems market?
What factors are driving Track Geometry Measurement Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Track Geometry Measurement Systems market opportunities vary by end market size?
How does Track Geometry Measurement Systems break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.