
Global Track Geometry Measurement Systems Market Research Report 2024(Status and Outlook)
Description
Global Track Geometry Measurement Systems Market Research Report 2024(Status and Outlook)
Report Overview
Track geometry is one of crucial track condition parameters, closely related to many other degradation phenomena, and it is often used for triggering the whole range of track MandR activities. Track Geometry Measurement System, is used during new railway construction and is 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.
The global Track Geometry Measurement System market size is projected to reach US$ 676.05 Million by 2029 from US$ 523.88 million in 2022 at a CAGR of 3.65% during 2023-2029. Mainly due to its efficiency in improving the security of railroad systems and the need for track maintenance increases, track geometry measurement systems are increasingly used in railway industry. Plus, expanding rail networks are expected to drive up the demand for track geometry measurement systems. Especially in many developing countries, the construction of tracks and the improvement of related infrastructure provide a broader market for these systems. The adoption of intelligent approaches in railways is also propelling the growth of the track geometry measurement systems market.
In addition, the increasing demand for asset management and predictive maintenance in the railway industry has led to the increasing use of track geometry measurement systems with other railway infrastructure monitoring systems such as condition monitoring systems, axle counting systems, and train control systems. At the same time, the development of advanced technologies such as laser scanning, GPS, and remote sensing has made the orbital geometry measurement system more accurate and efficient.
However, the market also faces some challenges. First, the market is expected to be restrained by a lack of required infrastructure and insufficient related facilities to use these systems since they are important parts of these systems. Second, different laws and regulations and privatization levels in different nations can have a negative impact on the development of the track geometry measurement systems. Third, the operation, maintenance, and data interpretation of the system can be complex. This challenge can lead to delays in system implementation and technical problems with data analysis and interpretation.
COVID-19 has also had a negative impact on this market. The pandemic has disrupted global supply chains, and the price of raw materials has been more volatile, which has increased the cost of production and threatened profit margins. The pandemic has also led to a slowdown in infrastructure construction in some countries, which is not conducive to the expansion of the systems market.
Segment by Type, the Track Geometry Measurement Systems market can be split into Track Geometry Trolley, Track Geometry Inspection Vehicle (TGIV), ATGMS, etc. In 2022, the market share of Track Geometry Trolley is significantly higher than other kinds, at 71.18%. And the market share of Track Geometry Inspection Vehicle (TGIV) and ATGMS are just 16.01% and 12.81% respectively in 2022. It is predicted that the market share of Track Geometry Trolley will slightly decrease to 70.01% in 2023. In the forecast period of 2024-2029, the market size of Track Geometry Inspection Vehicle (TGIV), ATGMS will continue to grow while Track Geometry Trolley is expected to experience a decrease.
From the perspective of application scenarios, the Track Geometry Measurement Systems market can be divided into High-Speed Railway, Heavy Haul Railway, Conventional Railway, Urban Transport. The Conventional Railway segment currently occupies a dominant position in the entire market, and has already occupied a 46.93% market share in 2022. This segment will grow at a CAGR of 2.47% during 2023 to 2029.
On the basis of geography, the Track Geometry Measurement Systems market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia-Pacific region dominates and will continue to lead the market share, currently accounting for 33.56% in 2022. The second largest market share is North America, with a market share of 26.26% in 2022.
In 2022, according to our calculations, the two indicators used to measure market concentration, CR5 and HHI, 39.28% and 3.31% respectively. This shows that the market is currently concentrated. The key players in the market include Amberg Technologies, Trimble Railway GmbH, ENSCO, Plasser & Theurer, MERMEC, Holland LP, Harsco Rail, Fugro, Southsurvey, Jiangxi Everbright, GRAW, KZV, MRX Technologies, Tetra Tech Inc., Rail Vision, R.Bance & Co Ltd, ESIM, DMA, etc.
This report provides a deep insight into the global Track Geometry Measurement Systems market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Track Geometry Measurement Systems Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Track Geometry Measurement Systems market in any manner.
Global Track Geometry Measurement Systems Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Amberg Technologies
Trimble Railway GmbH
ENSCO
Plasser & Theurer
MERMEC
Holland LP
Harsco Rail
Fugro
Southsurvey
Jiangxi Everbright
GRAW
KZV
MRX Technologies
Tetra Tech Inc.
Rail Vision
R.Bance & Co Ltd
ESIM
DMA
Market Segmentation (by Type)
Track Geometry Trolley
Track Geometry Inspection Vehicle
ATGMS
Market Segmentation (by Application)
High-Speed Railway
Heavy Haul Railway
Conventional Railway
Urban Transport
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Track Geometry Measurement Systems Market
Overview of the regional outlook of the Track Geometry Measurement Systems Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post-sales analyst support
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Track Geometry Measurement Systems Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.
Table of Contents
110 Pages
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Track Geometry Measurement Systems
- 1.2 Key Market Segments
- 1.2.1 Track Geometry Measurement Systems Segment by Type
- 1.2.2 Track Geometry Measurement Systems Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Track Geometry Measurement Systems Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Track Geometry Measurement Systems Market Size (M USD) Estimates and Forecasts (2019-2032)
- 2.1.2 Global Track Geometry Measurement Systems Sales Estimates and Forecasts (2019-2032)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Track Geometry Measurement Systems Market Competitive Landscape
- 3.1 Global Track Geometry Measurement Systems Sales by Manufacturers (2019-2024)
- 3.2 Global Track Geometry Measurement Systems Revenue Market Share by Manufacturers (2019-2024)
- 3.3 Track Geometry Measurement Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Track Geometry Measurement Systems Average Price by Manufacturers (2019-2024)
- 3.5 Manufacturers Track Geometry Measurement Systems Sales Sites, Area Served, Product Type
- 3.6 Track Geometry Measurement Systems Market Competitive Situation and Trends
- 3.6.1 Track Geometry Measurement Systems Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Track Geometry Measurement Systems Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Track Geometry Measurement Systems Industry Chain Analysis
- 4.1 Track Geometry Measurement Systems Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Track Geometry Measurement Systems Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Track Geometry Measurement Systems Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Track Geometry Measurement Systems Sales Market Share by Type (2019-2024)
- 6.3 Global Track Geometry Measurement Systems Market Size Market Share by Type (2019-2024)
- 6.4 Global Track Geometry Measurement Systems Price by Type (2019-2024)
- 7 Track Geometry Measurement Systems Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Track Geometry Measurement Systems Market Sales by Application (2019-2024)
- 7.3 Global Track Geometry Measurement Systems Market Size (M USD) by Application (2019-2024)
- 7.4 Global Track Geometry Measurement Systems Sales Growth Rate by Application (2019-2024)
- 8 Track Geometry Measurement Systems Market Consumption by Region
- 8.1 Global Track Geometry Measurement Systems Sales by Region
- 8.1.1 Global Track Geometry Measurement Systems Sales by Region
- 8.1.2 Global Track Geometry Measurement Systems Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Track Geometry Measurement Systems Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Track Geometry Measurement Systems Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Track Geometry Measurement Systems Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Track Geometry Measurement Systems Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Track Geometry Measurement Systems Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Track Geometry Measurement Systems Market Production by Region
- 9.1 Global Production of Track Geometry Measurement Systems by Region (2019-2024)
- 9.2 Global Track Geometry Measurement Systems Revenue Market Share by Region (2019-2024)
- 9.3 Global Track Geometry Measurement Systems Production, Revenue, Price and Gross Margin (2019-2024)
- 9.4 North America Track Geometry Measurement Systems Production
- 9.4.1 North America Track Geometry Measurement Systems Production Growth Rate (2019-2024)
- 9.4.2 North America Track Geometry Measurement Systems Production, Revenue, Price and Gross Margin (2019-2024)
- 9.5 Europe Track Geometry Measurement Systems Production
- 9.5.1 Europe Track Geometry Measurement Systems Production Growth Rate (2019-2024)
- 9.5.2 Europe Track Geometry Measurement Systems Production, Revenue, Price and Gross Margin (2019-2024)
- 9.6 Japan Track Geometry Measurement Systems Production (2019-2024)
- 9.6.1 Japan Track Geometry Measurement Systems Production Growth Rate (2019-2024)
- 9.6.2 Japan Track Geometry Measurement Systems Production, Revenue, Price and Gross Margin (2019-2024)
- 9.7 China Track Geometry Measurement Systems Production (2019-2024)
- 9.7.1 China Track Geometry Measurement Systems Production Growth Rate (2019-2024)
- 9.7.2 China Track Geometry Measurement Systems Production, Revenue, Price and Gross Margin (2019-2024)
- 10 Key Companies Profile
- 10.1 Amberg Technologies
- 10.1.1 Amberg Technologies Track Geometry Measurement Systems Basic Information
- 10.1.2 Amberg Technologies Track Geometry Measurement Systems Product Overview
- 10.1.3 Amberg Technologies Track Geometry Measurement Systems Product Market Performance
- 10.1.4 Amberg Technologies Business Overview
- 10.1.5 Amberg Technologies Track Geometry Measurement Systems SWOT Analysis
- 10.1.6 Amberg Technologies Recent Developments
- 10.2 Trimble Railway GmbH
- 10.2.1 Trimble Railway GmbH Track Geometry Measurement Systems Basic Information
- 10.2.2 Trimble Railway GmbH Track Geometry Measurement Systems Product Overview
- 10.2.3 Trimble Railway GmbH Track Geometry Measurement Systems Product Market Performance
- 10.2.4 Trimble Railway GmbH Business Overview
- 10.2.5 Trimble Railway GmbH Track Geometry Measurement Systems SWOT Analysis
- 10.2.6 Trimble Railway GmbH Recent Developments
- 10.3 ENSCO
- 10.3.1 ENSCO Track Geometry Measurement Systems Basic Information
- 10.3.2 ENSCO Track Geometry Measurement Systems Product Overview
- 10.3.3 ENSCO Track Geometry Measurement Systems Product Market Performance
- 10.3.4 ENSCO Track Geometry Measurement Systems SWOT Analysis
- 10.3.5 ENSCO Business Overview
- 10.3.6 ENSCO Recent Developments
- 10.4 Plasser and Theurer
- 10.4.1 Plasser and Theurer Track Geometry Measurement Systems Basic Information
- 10.4.2 Plasser and Theurer Track Geometry Measurement Systems Product Overview
- 10.4.3 Plasser and Theurer Track Geometry Measurement Systems Product Market Performance
- 10.4.4 Plasser and Theurer Business Overview
- 10.4.5 Plasser and Theurer Recent Developments
- 10.5 MERMEC
- 10.5.1 MERMEC Track Geometry Measurement Systems Basic Information
- 10.5.2 MERMEC Track Geometry Measurement Systems Product Overview
- 10.5.3 MERMEC Track Geometry Measurement Systems Product Market Performance
- 10.5.4 MERMEC Business Overview
- 10.5.5 MERMEC Recent Developments
- 10.6 Holland LP
- 10.6.1 Holland LP Track Geometry Measurement Systems Basic Information
- 10.6.2 Holland LP Track Geometry Measurement Systems Product Overview
- 10.6.3 Holland LP Track Geometry Measurement Systems Product Market Performance
- 10.6.4 Holland LP Business Overview
- 10.6.5 Holland LP Recent Developments
- 10.7 Harsco Rail
- 10.7.1 Harsco Rail Track Geometry Measurement Systems Basic Information
- 10.7.2 Harsco Rail Track Geometry Measurement Systems Product Overview
- 10.7.3 Harsco Rail Track Geometry Measurement Systems Product Market Performance
- 10.7.4 Harsco Rail Business Overview
- 10.7.5 Harsco Rail Recent Developments
- 10.8 Fugro
- 10.8.1 Fugro Track Geometry Measurement Systems Basic Information
- 10.8.2 Fugro Track Geometry Measurement Systems Product Overview
- 10.8.3 Fugro Track Geometry Measurement Systems Product Market Performance
- 10.8.4 Fugro Business Overview
- 10.8.5 Fugro Recent Developments
- 10.9 Southsurvey
- 10.9.1 Southsurvey Track Geometry Measurement Systems Basic Information
- 10.9.2 Southsurvey Track Geometry Measurement Systems Product Overview
- 10.9.3 Southsurvey Track Geometry Measurement Systems Product Market Performance
- 10.9.4 Southsurvey Business Overview
- 10.9.5 Southsurvey Recent Developments
- 10.10 Jiangxi Everbright
- 10.10.1 Jiangxi Everbright Track Geometry Measurement Systems Basic Information
- 10.10.2 Jiangxi Everbright Track Geometry Measurement Systems Product Overview
- 10.10.3 Jiangxi Everbright Track Geometry Measurement Systems Product Market Performance
- 10.10.4 Jiangxi Everbright Business Overview
- 10.10.5 Jiangxi Everbright Recent Developments
- 10.11 GRAW
- 10.11.1 GRAW Track Geometry Measurement Systems Basic Information
- 10.11.2 GRAW Track Geometry Measurement Systems Product Overview
- 10.11.3 GRAW Track Geometry Measurement Systems Product Market Performance
- 10.11.4 GRAW Business Overview
- 10.11.5 GRAW Recent Developments
- 10.12 KZV
- 10.12.1 KZV Track Geometry Measurement Systems Basic Information
- 10.12.2 KZV Track Geometry Measurement Systems Product Overview
- 10.12.3 KZV Track Geometry Measurement Systems Product Market Performance
- 10.12.4 KZV Business Overview
- 10.12.5 KZV Recent Developments
- 10.13 MRX Technologies
- 10.13.1 MRX Technologies Track Geometry Measurement Systems Basic Information
- 10.13.2 MRX Technologies Track Geometry Measurement Systems Product Overview
- 10.13.3 MRX Technologies Track Geometry Measurement Systems Product Market Performance
- 10.13.4 MRX Technologies Business Overview
- 10.13.5 MRX Technologies Recent Developments
- 10.14 Tetra Tech Inc.
- 10.14.1 Tetra Tech Inc. Track Geometry Measurement Systems Basic Information
- 10.14.2 Tetra Tech Inc. Track Geometry Measurement Systems Product Overview
- 10.14.3 Tetra Tech Inc. Track Geometry Measurement Systems Product Market Performance
- 10.14.4 Tetra Tech Inc. Business Overview
- 10.14.5 Tetra Tech Inc. Recent Developments
- 10.15 Rail Vision
- 10.15.1 Rail Vision Track Geometry Measurement Systems Basic Information
- 10.15.2 Rail Vision Track Geometry Measurement Systems Product Overview
- 10.15.3 Rail Vision Track Geometry Measurement Systems Product Market Performance
- 10.15.4 Rail Vision Business Overview
- 10.15.5 Rail Vision Recent Developments
- 10.16 R.Bance and Co Ltd
- 10.16.1 R.Bance and Co Ltd Track Geometry Measurement Systems Basic Information
- 10.16.2 R.Bance and Co Ltd Track Geometry Measurement Systems Product Overview
- 10.16.3 R.Bance and Co Ltd Track Geometry Measurement Systems Product Market Performance
- 10.16.4 R.Bance and Co Ltd Business Overview
- 10.16.5 R.Bance and Co Ltd Recent Developments
- 10.17 ESIM
- 10.17.1 ESIM Track Geometry Measurement Systems Basic Information
- 10.17.2 ESIM Track Geometry Measurement Systems Product Overview
- 10.17.3 ESIM Track Geometry Measurement Systems Product Market Performance
- 10.17.4 ESIM Business Overview
- 10.17.5 ESIM Recent Developments
- 10.18 DMA
- 10.18.1 DMA Track Geometry Measurement Systems Basic Information
- 10.18.2 DMA Track Geometry Measurement Systems Product Overview
- 10.18.3 DMA Track Geometry Measurement Systems Product Market Performance
- 10.18.4 DMA Business Overview
- 10.18.5 DMA Recent Developments
- 11 Track Geometry Measurement Systems Market Forecast by Region
- 11.1 Global Track Geometry Measurement Systems Market Size Forecast
- 11.2 Global Track Geometry Measurement Systems Market Forecast by Region
- 11.2.1 North America Market Size Forecast by Country
- 11.2.2 Europe Track Geometry Measurement Systems Market Size Forecast by Country
- 11.2.3 Asia Pacific Track Geometry Measurement Systems Market Size Forecast by Region
- 11.2.4 South America Track Geometry Measurement Systems Market Size Forecast by Country
- 11.2.5 Middle East and Africa Forecasted Consumption of Track Geometry Measurement Systems by Country
- 12 Forecast Market by Type and by Application (2025-2032)
- 12.1 Global Track Geometry Measurement Systems Market Forecast by Type (2025-2032)
- 12.1.1 Global Forecasted Sales of Track Geometry Measurement Systems by Type (2025-2032)
- 12.1.2 Global Track Geometry Measurement Systems Market Size Forecast by Type (2025-2032)
- 12.1.3 Global Forecasted Price of Track Geometry Measurement Systems by Type (2025-2032)
- 12.2 Global Track Geometry Measurement Systems Market Forecast by Application (2025-2032)
- 12.2.1 Global Track Geometry Measurement Systems Sales (K Units) Forecast by Application
- 12.2.2 Global Track Geometry Measurement Systems Market Size (M USD) Forecast by Application (2025-2032)
- 13 Conclusion and Key Findings
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