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Track Geometry Measurement System Market - Market Size & Forecasting (2017-2028)

  • ID: 5447931
  • Report
  • August 2021
  • Region: Global
  • 162 Pages
  • Quince Market Insights

FEATURED COMPANIES

  • Amberg Technologies
  • Bentley System Inc.
  • Ensco Inc.
  • Goldschmidt Thermit Group
  • Hitachi Corporation
  • Mermec Inc.
The Track Geometry Measurement System (TGMS) market is expected to be worth USD 358.58 million and it is expected to grow at a CAGR of 3.7% over the forecast period.

The Track Geometry Measurement System (TGMS) market report describes the opportunities and competitive conditions for Track Geometry Measurement System (TGMS) market for national and global business. Estimates of the market size and projections were given on the basis of a comprehensive research methodology adapted to the demand conditions for Track Geometry Measurement System (TGMS) market.

The report is an all-inclusive global research study of the Track Geometry Measurement System (TGMS) market that takes account of growth factors, recent developments, innovations, opportunities and the competitive landscape.

Historical Perspective for Track Geometry Measurement System (TGMS) market was studied in order to provide accurate growth estimates. Primary variables affecting the growth of the demand for the Track Geometry Measurement System (TGMS) market were also studied with potential gravity. The market has been segmented in major regions to understand the global development and demand patterns of this market.

In-depth Market Analysis:


Economic environment is a crucial factor that any main player needs to know about. The study sheds light on the global Track Geometry Measurement System (TGMS) market 's competitive scenario for understanding the competition at both domestic and global level.

For immediate and long-term maintenance planning, the Track Geometry Measurement System (TGMS) offers accurate and trustworthy track data. The device may be installed on almost any rail-bound vehicle and delivers all of the information required for effective track asset management. These track measures can be used in any weather situation. The system provides the results in the form of real-time strip charts and exception reports.

Market Segmentation:

  • Based on the product type, the track geometry measurement system market has been segmented as track geometry trolley, track geometry inspection vehicle (TGIV), and autonomous track geometry measurement system (ATGMS). The track geometry inspection vehicle (TGIV) segment is expected to grow significantly over the forecast period. It has been expected to grow at a CAGR of 3.9% during the forecast period.
  • Based on the operation type, this market is divided into no contact and contact. The no contact segment is expected to see substantial growth over the forecast period. The operation type segment was valued USD 188.95 Million in 2020.
  • Based on the railway type, this market is segmented as high-speed railways, mass transit railways, heavy haul railways, and light railways. The high-speed railways segment is expected to see substantial growth over the forecast period. It is projected to grow at a CAGR of 3.3% during the forecast period.
  • By region, the global track geometry measurement system (TGMS) market is segmented as North America, Europe, Asia Pacific, Middle East & Africa, and South America. The Asia Pacific track geometry measurement system market is expected to grow at a CAGR of 4.6% during the COVID-19 period.

The report offers accurate and credible market data and practical insights aimed at helping players gain insight into the current and future business scenario as a whole. The Track Geometry Measurement System (TGMS) Market report provides an in-depth analysis of the potential segments including their contribution to the overall size of the market.

Moreover, the Track Geometry Measurement System (TGMS) report provides market revenues based on area and country. The Report's authors have also shed light on the players' traditional business strategies. The report includes the world's leading players on the Track Geometry Measurement System (TGMS), and their full profiles.

In-depth interviews with major industry participants, subject matter experts (SMEs), C-Level executives of important market players, and industry consultants were undertaken to acquire and verify critical qualitative and quantitative information as well as to analyze prospects. To develop an overall industry perspective, QMI reports use a comprehensive mixture of both primary and secondary information. Secondary and primary research are combined to create a unified research report. The analyst's talent is methodically combing through huge volumes of accessible information to provide a well-argued, integrated industry prognosis that is comprehensive in perspective due to its breadth of sources. This is when QMI's experience comes in handy. This proven research approach, along with the opinions of industry experts, QMI thinks, will result in an accurate and objective market study.

What will you get in this report:

  • By identifying the development, scale, leading players and segments in the global market for Track Geometry Measurement System (TGMS) Market
  • Highlights main market goals to assist companies in changing their corporate strategies and establishing themselves in the wider geography.
  • Key findings and recommendations illustrate important disruptive business dynamics in the market for Track Geometry Measurement System (TGMS) Market.
  • Develop / modify business expansion strategies using significant growth offerings from established and emerging markets.
  • Examine in-depth global market trends and outlook coupled with market driving factors, as well as those to some extent restrain growth.
  • Improve the decision-making process by understanding the strategies underpinning commercial interest in product, segmentation, and vertical industries.
  • 2500+ data points in 60+ tables with focus on historic demand, estimated demand, and demand forecast
  • Impact of COVID-19 on demand estimation & forecasts (2020 onward)
  • Separate analysis of each segment to understand market deviation due to Covid-19 from 2020 onwards
  • Coverage across 5 major regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • Country level demand of the 25+ major markets with key trends & factors influencing the same
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amberg Technologies
  • Bentley System Inc.
  • Ensco Inc.
  • Goldschmidt Thermit Group
  • Hitachi Corporation
  • Mermec Inc.
1 Market Abstract

2 Market Introduction
2.1 Market Scope
2.2 Key Definitions-Content
2.2.1 Track Geometry
2.2.2 Track Geometry Measurement System
2.2.3 Applications

3. Research Practice
3.1 Research Practice
3.1.1 Supply Based Analysis
3.1.2 Demand Based Analysis
3.1.3 Global Level Analysis
3.1.4 Country Level Analysis
3.1.5 Triangulation
3.2 Primary Data
3.3 Secondary Data
3.4 Market Evaluation & Forecasting Methodology
3.5 Assumptions/ Limitations for the Study
3.6 What this Study Provides
3.7 Key Questions Answered by this Report
3.8 this Study is Intended For

4 Key Related Data
4.1 Competitive Positioning
4.1.1 Product Positioning
4.1.2 Product Positioning
4.1.3 Regional Reach Positioning
4.2 Technological Advancements
4.2.1 IoT Solution for Track Geometry Measurements Management
4.3 Major Investments in the Last Five Years by Global Players
4.4 Key Industry Trends in Major Countries
4.4.1 Japan
4.4.1.1 Increased Focus on Digitalization
4.4.1.2 Cybersecurity Will Gain the Center Stage
4.4.2 China
4.4.3 UK
4.5 Standards and Regulations
4.6 Covid- 19 Impact on Track Geometery Measurement System Market
4.6.1 U.S.
4.6.2 India
4.6.3 China
4.6.4 Japan
4.6.5 Russia

5 Impact Factor Analysis
5.1 Drivers/Restraints/Opportunities/Challenges
5.1.1 Drivers
5.1.1.1 Increasing Demand for Track Geometry Measurement Systems (Tgms) from High-Speed Railways and Mass Transit Railways
5.1.1.2 Increasing Need for Security and Safety in Railway Transportation
5.1.2 Restraints
5.1.2.1 Lack of Proper Infrastructure for the Installation of Track Geometry Measurement System
5.1.3 Opportunities
5.1.3.1 the Adoption of Track Geometry Measurement Systems for Track Maintenance
5.1.4 Challenges
5.1.4.1 Data Protection and Management
5.2 Porter's Five Forces Model
5.2.1 Bargaining Power of Buyers: (Low)
5.2.2 Bargaining Power of Suppliers: (High)
5.2.3 Intensity of Rivalry: (Moderate)
5.2.4 Threat of New Entrants: (Moderate)
5.2.5 Threat of Substitutes: (Moderate)

6 Market Development Analysis
6.1 Overview
6.2 New Product Development / Product Launch (2010-2020)
6.3 Agreements, Partnership & Collaborations (2010-2020)
6.4 Mergers and Acquistions (2010-2020)

7 Track Geometery Measurement System Market, by Product Type
7.1 Introduction
7.2 Track Geometry Inspection Vehicle (Tgiv)
7.3 Autonomous Track Geometry Measurement System (Atgms)
7.4 Track Geometry Trolley

8 Track Geometery Measurement System Market, by Measurement Type
8.1 Introduction
8.2 Gauge
8.3 Twist
8.4 Vertical Profile
8.5 Cant and Cant Deficiency
8.6 Others

9 Track Geometery Measurement System Market, by Component
9.1 Introduction
9.2 Navigation Equipment
9.3 Computer
9.4 Data Storage
9.5 Software
9.6 Communication Equipment
9.7 Camera
9.8 Other Components

10 Track Geometery Measurement System Market, by Operation Type
10.1 Introduction
10.2 No Contact
10.3 Contact

11 Track Geometery Measurement System Market, by Railway Type
11.1 Introduction
11.2 High-Speed Railways
11.3 Mass Transit Railways
11.4 Heavy Haul Railways
11.5 Light Railways

12 Track Geometery Measurement System Market, Regional Analysis
12.1 Introduction
12.2 Asia-Pacific
12.2.1 China
12.2.2 Japan
12.2.3 India
12.2.4 South Korea
12.2.5 Taiwan
12.2.6 Malaysia
12.2.7 Rest of Asia-Pacific
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 Russia
12.3.7 the Netherlands
12.3.8 Rest of Europe
12.4 North America
12.4.1 U.S.
12.4.2 Canada
12.4.3 Mexico
12.5 South America
12.5.1 Brazil
12.5.2 Argentina
12.5.3 Rest of South America
12.6 Middle East & Africa
12.6.1 Uae
12.6.2 Turkey
12.6.3 Saudi Arabia
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa

13 Company Profile
13.1 Hitachi Corporation
13.1.1 Company Overview
13.1.2 Hitachi Corporation: Financial Overview
13.1.3 Hitachi Corporation: Product Overview
13.1.4 Hitachi Corporation: Key Developments (2015-2020)
13.1.5 SWOT Analysis
13.2 Siemens AG
13.2.1 Company Overview
13.2.2 Siemens Ag: Financial Overview
13.2.3 Siemens AG : Product Overview
13.2.4 Siemens AG : Key Developments (2015-2020)
13.2.5 Siemens Ag: SWOT Analysis
13.3 Harsco Corporation
13.3.1 Company Overview
13.3.2 Harsco Corporation: Financial Overview
13.3.3 Harsco Corporation: Product Overview
13.4 Balfour Beatty plc.
13.4.1 Company Overview
13.4.2 Balfour Beatty plc: Financial Overview
13.4.3 Balfour Beatty plc.: Product Overview
13.4.4 Balfour Beatty plc.: Key Developments (2015-2020)
13.4.5 Balfour Beatty plc: SWOT Analysis
13.5 Furgo Inc.
13.5.1 Company Overview
13.5.2 Furgo Inc.: Financial Overview
13.5.3 Furgo Inc. : Product Overview
13.5.4 Furgo Inc. : Key Developments (2015-2020)
13.6 Egis
13.6.1 Company Overview
13.6.2 Egis: Financial Overview
13.6.3 Egis: Product Overview
13.7 Mermec Inc.
13.7.1 Company Overview
13.7.2 Mermec Inc.: Product Overview
13.8 Ensco Inc.
13.8.1 Company Overview
13.8.2 Ensco Inc.: Product Overview
13.8.3 Ensco Inc.: Key Developments (2015-2020)
13.9 Plasser & Theurer
13.9.1 Company Overview
13.9.2 Plasser & Theurer.: Product Overview
13.10 R Bance & Co Ltd.
13.10.1 Company Overview
13.10.2 R Bance & Co Ltd.: Product Overview
13.11 Bentley System Inc.
13.11.1 Company Overview
13.11.2 Bentley System Inc. : Product Overview
13.11.3 Bentley System Inc. : Key Developments (2015-2020)
13.12 Goldschmidt Thermit Group
13.12.1 Company Overview
13.12.2 Goldschmidt Thermit Group: Product Overview
13.13 Holland Lp.
13.13.1 Company Overview
13.13.2 Holland Lp.: Product Overview
13.13.3 Holland Lp.: Key Developments (2015-2020)
13.14 Amberg Technologies
13.14.1 Company Overview
13.14.2 Amberg Technologies : Product Overview
13.14.3 Amberg Technologies: Key Developments (2015-2020)
13.15 Zg Optique Sa
13.15.1 Company Overview
13.15.2 Zg Optique Sa.: Product Overview

14 Appendix
14.1 List of Abbreviation
14.2 Key Related Reports

List of Tables
Table 1 New Product Development / Product Launch (2010-2020)
Table 2 Agreements, Partnership & Collaborations (2010-2020)
Table 3 Mergers and Acquistions (2010-2020)
Table 4 Track Geometery Measurement System Market, by Product Type - Under Covid-19 (Usd Million) 2017-2028
Table 5 Track Geometery Measurement System Market, by Product Type - (Usd Million) 2017-2028
Table 6 Track Geometry Inspection Vehicle (Tgiv) Market, by Region -Under Covid-19 (Usd Million) 2017-2028
Table 7 Track Geometry Inspection Vehicle (Tgiv) Market, by Region (Usd Million) 2017-2028
Table 8 Autonomous Track Geometry Measurement System (Atgms) Market, by Region -Under Covid-19 (Usd Million) 2017-2028
Table 9 Autonomous Track Geometry Measurement System (Atgms) Market, by Region (Usd Million) 2017-2028
Table 10 Track Geometry Trolley Market, by Region -Under Covid-19 (Usd Million) 2017-2028
Table 11 Track Geometry Trolley Market, by Region (Usd Million) 2017-2028
Table 12 Track Geometery Measurement System Market, by Measurement Type - Under Covid-19 (Usd Million) 2017-2028
Table 13 Track Geometery Measurement System Market, by Measurement Type - (Usd Million) 2017-2028
Table 14 Gauge Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 15 Gauge Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 16 Twist Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 17 Twist Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 18 Vertical Profile Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 19 Vertical Profile Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 20 Cant and Cant Deficiency Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 21 Cant and Cant Deficiency Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 22 Other Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 23 Other Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 24 Track Geometery Measurement System Market, by Component - Under Covid-19 (Usd Million) 2017-2028
Table 25 Track Geometery Measurement System Market, by Component - (Usd Million) 2017-2028
Table 26 Navigation Equipment for Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 27 Navigation Equipment for Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 28 Computer for Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 29 Computer for Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 30 Data Storage for Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 31 Data Storage for Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 32 Software for Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 33 Software for Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 34 Communication Equipment for Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 35 Communication Equipment for Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 36 Camera for Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 37 Camera for Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 38 Other Components for Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 39 Other Components for Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 40 Track Geometery Measurement System Market, by Operation Type - Under Covid-19 (Usd Million) 2017-2028
Table 41 Track Geometery Measurement System Market, by Operation Type - (Usd Million) 2017-2028
Table 42 No Contact Operation Type for Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 43 No Contact Operation Type for Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 44 Contact Operation Type for Track Geometery Measurement System Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 45 Contact Operation Type for Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 46 Track Geometery Measurement System Market, by Railway Type - Under Covid-19 (Usd Million) 2017-2028
Table 47 Track Geometery Measurement System Market, by Railway Type - (Usd Million) 2017-2028
Table 48 High-Speed Railways Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 49 High-Speed Railways Market, by Region (Usd Million) 2017-2028
Table 50 Mass Transit Railways Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 51 Mass Transit Railways Market, by Region (Usd Million) 2017-2028
Table 52 Heavy Haul Railways Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 53 Heavy Haul Railways Market, by Region (Usd Million) 2017-2028
Table 54 Light Railways Market, by Region - Under Covid-19 (Usd Million) 2017-2028
Table 55 Light Railways Market, by Region (Usd Million) 2017-2028
Table 56 Track Geometery Measurement System Market, by Region- Under Covid-19 (Usd Million) 2017-2028
Table 57 Track Geometery Measurement System Market, by Region (Usd Million) 2017-2028
Table 58 Asia-Pacific Track Geometery Measurement System Market, by Country -Under Covid-19 (Usd Million) 2017-2028
Table 59 Asia-Pacific Track Geometery Measurement System Market, by Country (Usd Million) 2017-2028
Table 60 Asia-Pacific Track Geometery Measurement System Market - by Product Type - Under Covid-19 (Usd Million) 2017-2028
Table 61 Asia-Pacific Track Geometery Measurement System Market - by Product Type (Usd Million) 2017-2028
Table 62 Asia-Pacific Track Geometery Measurement System Market - by Measurement Type - Under Covid-19 (Usd Million) 2017-2028
Table 63 Asia-Pacific Track Geometery Measurement System Market - by Measurement Type (Usd Million) 2017-2028
Table 64 Asia-Pacific Track Geometery Measurement System Market - by Component - Under Covid-19 (Usd Million) 2017-2028
Table 65 Asia-Pacific Track Geometery Measurement System Market - by Component (Usd Million) 2017-2028
Table 66 Asia-Pacific Track Geometery Measurement System Market - by Operation Type - Under Covid-19 (Usd Million) 2017-2028
Table 67 Asia-Pacific Track Geometery Measurement System Market - by Operation Type (Usd Million) 2017-2028
Table 68 Asia-Pacific Track Geometery Measurement System Market - by Railway Type - Under Covid-19 (Usd Million) 2017-2028
Table 69 Asia-Pacific Track Geometery Measurement System Market - by Railway Type (Usd Million) 2017-2028
Table 70 Europe Track Geometery Measurement System Market, by Country - Under Covid-19 (Usd Million) 2017-2028
Table 71 Europe Track Geometery Measurement System Market, by Country (Usd Million) 2017-2028
Table 72 Europe Track Geometery Measurement System Market - by Product Type - Under Covid-19 (Usd Million) 2017-2028
Table 73 Europe Track Geometery Measurement System Market - by Product Type (Usd Million) 2017-2028
Table 74 Europe Track Geometery Measurement System Market - by Measurement Type - Under Covid-19 (Usd Million) 2017-2028
Table 75 Europe Track Geometery Measurement System Market - by Measurement Type (Usd Million) 2017-2028
Table 76 Europe Track Geometery Measurement System Market - by Component - Under Covid-19 (Usd Million) 2017-2028
Table 77 Europe Track Geometery Measurement System Market - by Component (Usd Million) 2017-2028
Table 78 Europe Track Geometery Measurement System Market - by Operation Type - Under Covid-19 (Usd Million) 2017-2028
Table 79 Europe Track Geometery Measurement System Market - by Operation Type (Usd Million) 2017-2028
Table 80 Europe Track Geometery Measurement System Market - by Railway Type - Under Covid-19 (Usd Million) 2017-2028
Table 81 Europe Track Geometery Measurement System Market - by Railway Type (Usd Million) 2017-2028
Table 82 North America Track Geometery Measurement System Market, by Country - Under Covid-19 (Usd Million) 2017-2028
Table 83 North America Track Geometery Measurement System Market, by Country (Usd Million) 2017-2028
Table 84 North America Track Geometery Measurement System Market - by Product Type - Under Covid-19 (Usd Million) 2017-2028
Table 85 North America Track Geometery Measurement System Market - by Product Type (Usd Million) 2017-2028
Table 86 North America Track Geometery Measurement System Market - by Measurement Type - Under Covid-19 (Usd Million) 2017-2028
Table 87 North America Track Geometery Measurement System Market - by Measurement Type (Usd Million) 2017-2028
Table 88 North America Track Geometery Measurement System Market - by Component - Under Covid-19 (Usd Million) 2017-2028
Table 89 North America Track Geometery Measurement System Market - by Component (Usd Million) 2017-2028
Table 90 North America Track Geometery Measurement System Market - by Operation Type - Under Covid-19 (Usd Million) 2017-2028
Table 91 North America Track Geometery Measurement System Market - by Operation Type (Usd Million) 2017-2028
Table 92 North America Track Geometery Measurement System Market - by Railway Type - Under Covid-19 (Usd Million) 2017-2028
Table 93 North America Track Geometery Measurement System Market - by Railway Type (Usd Million) 2017-2028
Table 94 South America Track Geometery Measurement System Market, by Country -Under Covid-19 (Usd Million) 2017-2028
Table 95 South America Track Geometery Measurement System Market, by Country (Usd Million) 2017-2028
Table 96 South America Track Geometery Measurement System Market - by Product Type - Under Covid-19 (Usd Million) 2017-2028
Table 97 South America Track Geometery Measurement System Market - by Product Type (Usd Million) 2017-2028
Table 98 South America Track Geometery Measurement System Market - by Measurement Type - Under Covid-19 (Usd Million) 2017-2028
Table 99 South America Track Geometery Measurement System Market - by Measurement Type (Usd Million) 2017-2028
Table 100 South America Track Geometery Measurement System Market - by Component - Under Covid-19 (Usd Million) 2017-2028
Table 101 South America Track Geometery Measurement System Market - by Component (Usd Million) 2017-2028
Table 102 South America Track Geometery Measurement System Market - by Operation Type - Under Covid-19 (Usd Million) 2017-2028
Table 103 South America Track Geometery Measurement System Market - by Operation Type (Usd Million) 2017-2028
Table 104 South America Track Geometery Measurement System Market - by Railway Type - Under Covid-19 (Usd Million) 2017-2028
Table 105 South America Track Geometery Measurement System Market - by Railway Type (Usd Million) 2017-2028
Table 106 Middle East & Africa Track Geometery Measurement System Market, by Country-Under Covid-19 (Usd Million) 2017-2028
Table 107 Middle East & Africa Track Geometery Measurement System Market, by Country (Usd Million) 2017-2028
Table 108 Middle East & Africa Track Geometery Measurement System Market - by Product Type - Under Covid-19 (Usd Million) 2017-2028
Table 109 Middle East & Africa Track Geometery Measurement System Market - by Product Type (Usd Million) 2017-2028
Table 110 Middle East & Africa Track Geometery Measurement System Market - by Measurement Type - Under Covid-19 (Usd Million) 2017-2028
Table 111 Middle East & Africa Track Geometery Measurement System Market - by Measurement Type (Usd Million) 2017-2028
Table 112 Middle East & Africa Track Geometery Measurement System Market - by Component - Under Covid-19 (Usd Million) 2017-2028
Table 113 Middle East & Africa Track Geometery Measurement System Market - by Component (Usd Million) 2017-2028
Table 114 Middle East & Africa Track Geometery Measurement System Market - by Operation Type - Under Covid-19 (Usd Million) 2017-2028
Table 115 Middle East & Africa Track Geometery Measurement System Market - by Operation Type (Usd Million) 2017-2028
Table 116 Middle East & Africa Track Geometery Measurement System Market - by Railway Type - Under Covid-19 (Usd Million) 2017-2028
Table 117 Middle East & Africa Track Geometery Measurement System Market - by Railway Type (Usd Million) 2017-2028

List of Figures
Figure 1 Track Geometery Measurement System Market: by Product Type, 2020 & 2028
Figure 2 Track Geometery Measurement System Market: by Measurement Type, 2020 & 2028
Figure 3 Track Geometery Measurement System Market: by Component, 2020 & 2028
Figure 4 Track Geometery Measurement System Market: by Operation Type, 2020 & 2028
Figure 5 Track Geometery Measurement System Market: by Railway Type, 2020 & 2028
Figure 6 Track Geometery Measurement System Market: by Region, 2017-2028
Figure 7 Track Geometery Measurement System Market - Market Scope
Figure 8 Track Geometery Measurement System Market -Research Practice
Figure 9 Track Geometery Measurement System Market -Research Methodology
Figure 10 Track Geometery Measurement System Market -Primary and Secondary Research
Figure 11 Product Positioning Product Type & Measurement Type
Figure 12 Product Positioning Operation Type & Railway Type
Figure 13 Regional Reach Positioning
Figure 14 Droc Analysis
Figure 15 Porter's Five Forces Model- Track Geometery Measurement System Market
Figure 16 Track Geometery Measurement System Market, by Product Type 2017-2028
Figure 17 Track Geometery Measurement System Market, by Measurement Type
Figure 18 Track Geometery Measurement System Market, by Component
Figure 19 Track Geometery Measurement System Market, by Operation Type
Figure 20 Track Geometery Measurement System Market, by Railway Type
Figure 21 Track Geometery Measurement System Market - by Region
Figure 22 Asia-Pacific Track Geometery Measurement System Market Snapshot
Figure 23 Asia-Pacific Track Geometery Measurement System Market - by Country, 2017-2028
Figure 24 Asia-Pacific Track Geometery Measurement System Market - by Product Type 2017-2028
Figure 25 Asia-Pacific Track Geometery Measurement System Market - by Measurement Type 2017-2028
Figure 26 Asia-Pacific Track Geometery Measurement System Market - by Component 2017-2028
Figure 27 Asia-Pacific Track Geometery Measurement System Market - by Operation Type 2017-2028
Figure 28 Asia-Pacific Track Geometery Measurement System Market - by Railway Type 2017-2028
Figure 29 China Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 30 Japan Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 31 India Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 32 South Korea Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 33 Taiwan Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 34 Malaysia Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 35 Rest of Asia-Pacific Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 36 Europe Track Geometery Measurement System Market Snapshot
Figure 37 Europe Track Geometery Measurement System Market - by Country 2017-2028
Figure 38 Europe Track Geometery Measurement System Market - by Product Type 2017-2028
Figure 39 Europe Track Geometery Measurement System Market - by Measurement Type 2017-2028
Figure 40 Europe Track Geometery Measurement System Market - by Component 2017-2028
Figure 41 Europe Track Geometery Measurement System Market - by Operation Type 2017-2028
Figure 42 Europe Track Geometery Measurement System Market - by Railway Type 2017-2028
Figure 43 Germany Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 44 UK Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 45 France Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 46 Italy Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 47 Spain Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 48 Russia Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 49 the Netherlands Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 50 Rest of Europe Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 51 North America Track Geometery Measurement System Market Snapshot
Figure 52 North America Track Geometery Measurement System Market - by Country 2017-2028
Figure 53 North America Track Geometery Measurement System Market - by Product Type 2017-2028
Figure 54 North America Track Geometery Measurement System Market - by Measurement Type 2017-2028
Figure 55 North America Track Geometery Measurement System Market - by Component 2017-2028
Figure 56 North America Track Geometery Measurement System Market - by Operation Type 2017-2028
Figure 57 North America Track Geometery Measurement System Market - by Railway Type 2017-2028
Figure 58 U.S. Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 59 Canada Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 60 Mexico Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 61 South America Track Geometery Measurement System Market Snapshot
Figure 62 South America Track Geometery Measurement System Market - by Country, 2017-2028
Figure 63 South America Track Geometery Measurement System Market - by Product Type 2017-2028
Figure 64 South America Track Geometery Measurement System Market - by Measurement Type 2017-2028
Figure 65 South America Track Geometery Measurement System Market - by Component 2017-2028
Figure 66 South America Track Geometery Measurement System Market - by Operation Type 2017-2028
Figure 67 South America Track Geometery Measurement System Market - by Railway Type 2017-2028
Figure 68 Brazil Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 69 Argentina Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 70 Rest of South America Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 71 Middle East & Africa Track Geometery Measurement System Market Snapshot
Figure 72 Middle East & Africa Track Geometery Measurement System Market - by Country, 2017-2028
Figure 73 Middle East & Africa Track Geometery Measurement System Market - by Product Type 2017-2028
Figure 74 Middle East & Africa Track Geometery Measurement System Market - by Measurement Type 2017-2028
Figure 75 Middle East & Africa Track Geometery Measurement System Market - by Component 2017-2028
Figure 76 Middle East & Africa Track Geometery Measurement System Market - by Operation Type 2017-2028
Figure 77 Middle East & Africa Track Geometery Measurement System Market - by Railway Type 2017-2028
Figure 78 Uae Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 79 Turkey Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 80 Saudi Arabia Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 81 South Africa Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 82 Rest of Middle East & Africa Track Geometery Measurement System Market Overview, 2020 & 2028
Figure 83 Hitachi Corporation (Business Overview)
Figure 84 Siemens Ag: (Business Overview)
Figure 85 Siemens Ag: (Financial Overview)
Figure 86 Siemens Ag: SWOT Analysis
Figure 87 Harsco Corporation (Business Overview)
Figure 88 Harsco Corporation (Financial Overview)
Figure 89 Harsco Corporation.: SWOT Analysis
Figure 90 Balfour Beatty plc.: (Business Overview)
Figure 91 Balfour Beatty plc (Financial Overview)
Figure 92 Balfour Beatty plc: SWOT Analysis
Figure 93 Furgo Inc. (Business Overview)
Figure 94 Egis (Business Overview)
Figure 95 Egis (Financial Overview)
Figure 96 Egis Group: SWOT Analysis
Figure 97 Mermec Inc. (Business Overview)
Figure 98 Ensco Inc. (Business Overview)
Figure 99 Plasser & Theurer. (Business Overview)
Figure 100 R Bance & Co Ltd (Business Overview)
Figure 101 Bentley System Inc. (Business Overview)
Figure 102 Goldschmidt Thermit Group : (Business Overview)
Figure 103 Holland Lp.: (Business Overview)
Figure 104 Amberg Technologies (Business Overview)
Figure 105 Zg Optique Sa. (Business Overview)
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amberg Technologies
  • Bentley System Inc.
  • Ensco Inc.
  • Goldschmidt Thermit Group
  • Hitachi Corporation
  • Mermec Inc.
The Track Geometry Measurement System (TGMS) market is estimated to be USD 358.58 Million in 2020 and is projected to reach USD 480.07 Million by 2028, at a CAGR of 3.7% during the forecast period in the COVID-19 period. However, without the COVID-19 impact, the track geometry measurement system (TGMS) market is expected to be at USD 361.27 Million in 2020 and USD 587.59 Million in 2028, with a CAGR of 6.3%.

The Track Geometry Measurement System (TGMS) provides accurate and reliable track data for immediate and long-term maintenance planning. The system can be mounted on virtually any rail-bound vehicle, and it provides all the data needed for optimal track asset management. In all weather conditions, these track measurements can be used. The results are provided by the system in real-time strip charts and exception reports.

Growth in the metro and high-speed rail lines network is expected to drive the growth of the track geometry measurement system market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market position and look for further niche opportunities.

The measuring scheme for track geometry is an important parameter of the track situation. The measuring scheme for track geometry is used to assess the condition of a railway track to prevent any adverse effect on passengers and freight. In order to prevent any damaging impacts, the track geometry measurement scheme (TGMS) offers accurate and reliable track information for both short-term and long-term maintenance schedules.

The measuring scheme of inertial track geometry is gaining popularity at the moment. The inertial track geometry measurement scheme is a compact and lightweight system and gives precise assessment of the geometry of the rail track under different operating circumstances. Some of the factors responsible for the substantial growth of the global market for track geometry measurement systems are the growing need for safety and protection in rail transport and an increase in railway networks and metro lines.

Numerous train-related mishaps and incidents have raised global concerns and have prompted governments of many countries to digitize the mode of transport to ensure a safer journey. The rising demand for smart technology to sustain track operational efficiency is further driving the growth of the global track geometry measurement system market. The global track geometry measurement system market report has been segmented as product type, measurement type, component, operation type, and railway type.

Based on the product type, the track geometry measurement system market has been segmented as track geometry trolley, track geometry inspection vehicle (TGIV), and autonomous track geometry measurement system (ATGMS).

The track geometry inspection vehicle (TGIV) segment is expected to grow significantly over the forecast period. It has been valued at USD 152.25 Million in 2020 and is projected to reach USD 207.18 Million by 2028, at a CAGR of 3.9% in the COVID-19 period. However, without the COVID-19 impact, the TGIV segment is estimated to be at USD 153.40 Million in 2020 and USD 253.58 Million in 2028, with a CAGR of 6.5%.

The track geometry inspection vehicle (TGIV) is expected to have the largest market share during the forecast period. An increased data collection rate through the use of the ATGMS contributes to early detection of track irregularities, resulting in a transition from reactive to preventive maintenance practices. This decreases the number of emergency repairs and sluggish orders in the railway sector, as well as track-caused derailments.

Based on the measurement type, this market is segregated into gauge, twist, cant and cant deficiency, vertical profile, curvature, alignment, dynamic cross-level, dipped joints, and others. The gauge segment is expected to grow significantly with a higher CAGR over the forecast period. It has accounted for USD 82.15 Million in 2020 and is projected to reach USD 106.37 Million by 2028, at a CAGR of 3.3% in the COVID-19 period. However, without the COVID-19 impact, the gauge segment is estimated to be at USD 82.76 Million in 2020 and USD 130.20 Million in 2028, with a CAGR of 5.8%.

The track geometry gauge measures the cross-section of curved tracks and can also help improve the overall safety of train rides. In addition to the track gauge and cross-level, the track geometry gauge measures the rail cant, which directly affects the track and vehicle's dynamic interaction. Further, in order to find anomalies, the program measures the twist of the track.

Based on component, this market is categorized into software, lighting equipment, navigation equipment, communication equipment, computer, camera, data storage, power supply equipment, and sensor. The navigation equipment segment is expected to grow substantially over the forecast period. The track geometry measurement system (TGMS) guarantees rail safety by using various measurement equipment to record railway track geometry conditions. The track geometry measurement system software has a visual interface that allows data to be read in real time and a database that can store all measurements of a travelled way and locate them through an odometry system via the installation.

In addition, the system has an off-line review platform for acquired data. It has accounted for USD 80.67 Million in 2020 and is projected to reach USD 104.48 Million by 2028, at a CAGR of 3.3% in the COVID-19 period. However, without the COVID-19 impact, the navigation equipment segment is estimated to be at USD 81.28 Million in 2020 and USD 127.88 Million in 2028, with a CAGR of 5.8%.

Based on the operation type, this market is divided into no contact and contact. The no contact segment is expected to see substantial growth over the forecast period. It has accounted for USD 188.95 Million in 2020 and is projected to reach USD 256.98 Million by 2028, at a CAGR of 3.9% in the COVID-19 period. However, without the COVID-19 impact, the no contact segment is estimated to be at USD 190.37 Million in 2020 and USD 314.53 Million in 2028, with a CAGR of 6.5%.

Based on the railway type, this market is segmented as high-speed railways, mass transit railways, heavy haul railways, and light railways. The high-speed railways segment is expected to see substantial growth over the forecast period. It has accounted for USD 136.59 Million in 2020 and is projected to reach USD 176.71 Million by 2028, at a CAGR of 3.3% in the COVID-19 period. However, without the COVID-19 impact, the high-speed railways segment is estimated to be at USD 137.62 Million in 2020 and USD 216.69 Million in 2028, with a CAGR of 5.8%.

High-speed railways (HSR) are a type of rail transport which uses an integrated system of specialized rolling stock and dedicated tracks to run significantly faster than traditional rails. Such high-speed railways are prone to mountain tunneling as well as earthquakes and need major safety systems. In addition, cities do not always lay on a straight line, so bends and twists will be included in every route, which can greatly increase the length and maintenance of the railway track. These factors are contributing to the growth of the track geometry measurement system market for high-speed railways

By region, the global track geometry measurement system (TGMS) market is segmented as North America, Europe, Asia Pacific, Middle East & Africa, and South America. The Asia Pacific track geometry measurement system market has accounted for USD 140.18 Million in 2020, while it is expected to reach USD 200.91 Million in 2028, with a CAGR of 4.6% during the COVID-19 period. On the other hand, without the COVID-19 impact, the Asia Pacific track geometry measurement system market was estimated to be at USD 141.23 Million in 2020 and USD 245.90 Million in 2028, with a CAGR of 7.2%.

The Asia Pacific region is projected to hold major market share of the track geometry measurement system (TGMS) market over the forecast period. Because of the continuous growth in railway infrastructure, including high-speed rails and mass transit systems across different countries, including China and India, there has been an increase in the region's demand for equipment for track geometry measurement systems.

Europe is expected to hold the second largest market share of the global track geometry measurement system (TGMS) market overt the forecast period. The existence of a large number of market players in the region facilitates the early adoption of technical developments in the market for track geometry measurement systems

The competitive scenario highlights the performance of major companies operating in this market. This includes detailed profiling of major companies and their competitive benchmarking. Product profiling provides key information including products/solutions offered, key developments, company performances, and strategies adopted in recent years.

The major companies profiled in the report include MER MEC S.p.A., Ensco Inc., MRX Technologies, Plasser & Theurer, R. Bance & Co. Ltd., Bentley Systems Inc., Goldschmidt Thermit Group, Balfour Beatty, Fugro, and others. These companies have adopted product development, expansion, and merger strategies to consolidate market position amidst intense competition.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Hitachi Corporation
  • Siemens AG
  • Harsco Corporation
  • Balfour Beatty plc.
  • Furgo Inc.
  • Egis Group
  • Mermec Inc.
  • Ensco Inc.
  • Plasser & Theurer.
  • R Bance & Co Ltd
  • Bentley System Inc.
  • Goldschmidt Thermit Group
  • Holland Lp.
  • Amberg Technologies
  • Zg Optique Sa.
Note: Product cover images may vary from those shown