Global Track Geometry Measurement System Market Evaluated to Highlight Growth during the Forecast Period until 2022

Published on : May 08, 2017

Albany, New York, May 08, 2017: The rail network is the widely-spread connectivity system that is expanding at a much faster rate due to the need towards improved integration. This urge has proportionally increased the track geometry measurement market at an immense rate. Market Research Hub (MRH) has recently analyzed this market and has added a report titled as “Global Track Geometry Measurement System Market Research Report 2017” to its vast report database. The research study has analyzed the market from 2016 to 2022 and highlights expected positive CAGR in the global track geometry market.

Track geometry is a three-dimensional geometry of track layouts and associated measurements used in designing, construction, and maintenance of railroad tracks. The usage is focused on regulations in the areas of track, elevation, alignment, gauge, curvature and track surface. Although the geometry of the tracks is three-dimensional by nature, the standards are usually expressed in two separate layouts for horizontal and vertical. The various type of track geometry measurement systems include Inertial-Based that is compact and lightweight, and the other which is Chord-Based consisting of multiple optical sub-systems.   

The report starts with the track geometry measurement system market overview detailing product overview as well as scope. Further, segmented by type, it compares the production and CAGR for 2012-2022 with type including Contact based geometry measurement system and No contact based geometry measurement system. On the basis of application, global track geometry measurement systems’ consumption (Sales) is compared with the application including High-Speed Railways, Mass Transit Railways, Heavy Haul Railways, and Light Railways. On the basis of geography, the regions are compared for the base period 2012 to 2022. The primary market regions highlighted in the report are North America, Europe, China, Japan, Southeast Asia and India. The study further elaborates the top manufacturer’s capacity, production, share, revenue, and price compared for 2012 to 2017. The top players covered in the report are Ensco Inc., Fugro, MERMEC S.P.A., Balfour Beatty, Plasser & Theurer, EGIS, MRX Technologies, R. Bance & Co. Ltd., Bentley Systems Inc. and Goldschmidt Thermit Group.

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Finally, the track geometry measurement system manufacturing cost is analyzed for key raw material, price trend of key raw material, key suppliers of raw material and market concentration rate of the raw material. The proportion of manufacturing cost is analyzed with details of raw material, labor cost, and manufacturing expenses. The report concludes with industrial chain, sourcing strategy, marketing strategy analysis, and market effect factors analysis.

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