Track Geometry Measurement System Market Size, Share, Opportunities, And Trends By measurement type (Gauge, Twist, Vertical profile, Others), By operation type (Contact, No-contact), By railway type (High speed, Mass transit, Heavy haul, Light), By Component (Sensor, Camera, Data Storage, Others) And Geography - Forecasts From 2019 to 2024

Track Geometry Measurement System is used to measure the geometry parameters of a railway track. The system provides precise and reliable data in order to schedule short term and long-term maintenance of tracks and thus avoid train accidents. The Track Geometry Measurement System market is expected to have a significant market growth due to the presence of a number of standards and regulations in the railway industry and the increasing demand for TGMS system to comply with them. Demand for the system is growing for maintenance of a growing network of railway lines which is further expected to drive the market growth. But the lack of required infrastructure for application of the system is expected to be a restraint for market growth. By measurement type, the vertical profile is expected to have a significant market growth as this parameter is crucial for maintaining the operational efficiency of a rail. By operation type, no-contact based systems segment is expected to have a significant market share as it ensures high efficiency with the use of advanced technologies. By geography, APAC region is estimated to have a notable market share due to the rapid expansion of high speed and mass transit railway network.

DRIVERS

Presence of various standards and regulations in the railway industry

A growing network of railway lines

RESTRAINTS

Lack of infrastructure

INDUSTRY UPDATE

In September 2018, Italian company DMA partnered with Siemens Mobility to develop solutions intended to optimise rail infrastructure management. The collaboration would enable the combination of DMA’s inspection solutions and TracksNet measurement data analysis tool with Siemens’ Railigent application suite into the track geometry dashboard.

In October 2018, Welding and maintenance specialist Goldschmidt Thermit Group acquired Prüftechnik Linke & Rühe, a Magdeburg-based company which provides eddy current and ultrasonic inspection technology for the rail, automotive and aerospace markets

SEGMENTATION

The track geometry measurement system market has been analyzed through the following segments:

By measurement type

Gauge

Twist

Vertical profile

Others

 

By operation type

Contact

No-contact

 

By railway type

High speed

Mass transit

Heavy haul

Light

 

By component

Sensor

Camera

Data Storage

Others

 

By Geography

North America

USA

Canada

Mexico 

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Spain

Others

 

Middle East and Africa

Saudi Arabia

Israel

Others

 

Asia Pacific

China

Japan

South Korea

India

Others

1. INTRODUCTION

1.1. MARKET OVERVIEW

1.2. MARKET DEFINITION

1.3. SCOPE OF THE STUDY

1.4. CURRENCY

1.5. ASSUMPTIONS

1.6. BASE, AND FORECAST YEARS TIMELINE

2. RESEARCH METHODOLOGY 

2.1. RESEARCH DESIGN

2.2. SECONDARY SOURCES

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. MARKET SEGMENTATION

4.2. MARKET DRIVERS

4.3. MARKET RESTRAINTS

4.4. MARKET OPPORTUNITIES

4.5. PORTER’S FIVE FORCE ANALYSIS

4.5.1. BARGAINING POWER OF SUPPLIERS

4.5.2. BARGAINING POWER OF BUYERS

4.5.3. THREAT OF NEW ENTRANTS

4.5.4. THREAT OF SUBSTITUTES

4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY

4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT

4.7. MARKET ATTRACTIVENESS

5. TRACK GEOMETRY MEASURMENT SYSTEM MARKET BY MEASURMENT TYPE

5.1. GAUGE

5.2. TWIST

5.3. VERTICAL PROFILE

5.4. OTHERS

6. TRACK GEOMETRY MEASURMENT SYSTEM MARKET BY  OPERATION TYPE

6.1. CONTACT

6.2. NO-CONTACT

7. TRACK GEOMETRY MEASURMENT SYSTEM MARKET BY  RAILWAY TYPE

7.1. HIGH SPEED

7.2. MASS TRANSIT

7.3. HEAVY HAUL

7.4. LIGHT

8. TRACK GEOMETRY MEASURMENT SYSTEM MARKET BY COMPONENT

8.1. SENSOR

8.2. CAMERA

8.3. DATA STORAGE

8.4. OTHERS

9. TRACK GEOMETRY MEASURMENT SYSTEM MARKET BY GEOGRAPHY

9.1. NORTH AMERICA

9.1.1. USA

9.1.2. CANADA

9.1.3. MEXICO

9.2. SOUTH AMERICA

9.2.1. BRAZIL

9.2.2. ARGENTINA

9.2.3. OTHERS

9.3. EUROPE

9.3.1. GERMANY

9.3.2. FRANCE

9.3.3. UNITED KINGDOM

9.3.4. SPAIN

9.3.5. OTHERS

9.4. MIDDLE EAST AND AFRICA

9.4.1. SAUDI ARABIA

9.4.2. ISRAEL

9.4.3. OTHERS

9.5. ASIA PACIFIC

9.5.1. CHINA

9.5.2. JAPAN

9.5.3. SOUTH KOREA

9.5.4. INDIA

9.5.5. OTHERS

10. COMPETITIVE INTELLIGENCE

10.1. COMPANY BENCHMARKING AND ANALYSIS

10.2. RECENT INVESTMENT AND DEALS

10.3. STRATEGIES OF KEY PLAYERS

11. COMPANY PROFILES

11.1. ENSCO

11.2. FUGRO

11.3. MERMEC

11.4. BALFOUR BEATTY

11.5. PLASSER & THEURER

11.6. SIEMENS

11.7. R.BANCE & CO.

11.8. BENTLEY SYSTEMS

11.9. GOLDSCHMIDT THERMIT GROUP

11.10. EGIS

LIST OF FIGURES

LIST OF TABLES

ENSCO

Fugro

MERMEC

Balfour Beatty

Plasser & Theurer

Siemens

R. Bance & Co. 

Bentley Systems

Goldschmidt Thermit Group

Egis