Track Inspection Vehicles are special vehicles used to detect the geometric state and irregularity of the track in order to evaluate the geometry of the track, referred to as the track inspection vehicle.It is an important tool to ensure safe, smooth, comfortable and guided track maintenance.
The first main kind is Portable Track Inspection Vehicle, it hold a comparatively larger share in global market, which accounts for about 91.98% in 2018.
From the view of region, APAC and Americas have a larger market share in 2018 which together account for 68.98%, and will witness a stable growth in following years. Europe hold a market share of 25.53% will still play an important role which cannot be ignored. Any changes from Middle East & Africa might affect the development trend of Track Inspection Vehicles.
Crowdfunding campaigns have showed that there is plenty of scope for innovation. The world leading players in the Track Inspection Vehicles market are Amberg Technologies, ENSCO, Trimble Railway, MERMEC, Harsco Rail, Nordco, Loram (GREX), Fugro, MRX Technologies, Holland L.P. and so on.. These Top companies currently account for more than 30.67% of the total market share and are expected to retain their dominating hold over the market during the forecast period. As consumer interest increases, this market will attract other major companies which want to extend their brand equity.
According to this study, over the next five years the Track Inspection Vehicles market will register a 3.0% CAGR in terms of revenue, the global market size will reach US$ 780 million by 2024, from US$ 680 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Track Inspection Vehicles business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Track Inspection Vehicles market by product type, application, key manufacturers and key regions and countries.
This study considers the Track Inspection Vehicles value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Portable Track Inspection Vehicle
Ordinary Track Inspection Vehicle
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
High-Speed Railway
Heavy Haul Railway
Conventional Railway
Urban Transport
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Amberg Technologies
ENSCO
Trimble Railway
MERMEC
Harsco Rail
Nordco
Loram (GREX)
Fugro
MRX Technologies
Holland L.P.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Track Inspection Vehicles consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Track Inspection Vehicles market by identifying its various subsegments.
Focuses on the key global Track Inspection Vehicles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Track Inspection Vehicles with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Track Inspection Vehicles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.