Track Geometry Measurement System Market Share, Trends, and Analysis by 2031
Track Geometry Measurement System Market: Strategic Insights
Track Geometry Measurement System Market
-
CAGR (2023 - 2031)7.4% -
Market Size 2023
US$ 3.47 Billion -
Market Size 2031
US$ 6.12 Billion
Market Dynamics
GROWTH DRIVERS
- Rise in the demand for track geometry measurement system for high-speed rail and mass transit rail
FUTURE TRENDS
- An autonomous track geometry measurement system
OPPORTUNITIES
- Rising rail infrastructure
Key Players
- Balfour Beatty plc
- Bentley Systems Inc
- ENSCO Inc
- E S I M Srl
- Fugro
- Goldschmidt
- Plasser and Theurer
- R Bance and Co Ltd
- Mermec Inc
- Nextsense GmbH Hexagon
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Railway Type
- High-Speed Railways
- Conventional Railway
- Heavy Haul Railways
- Light Railways
Operation Type
- Contact and No Contact
Component
- Hardware
- Software
- Services