Rail Wheel sensors are inductively acting sensors which detect the metal mass of the wheel flange and generate electrical impulses therefrom. Depending on the application a distinction is made between single wheel sensors for rolling stock detection and switching tasks as well as double wheel sensors for direction detection, axle counting and speed measurement.
Currently, there are many producing companies in the world. The main market players are Frauscher Sensor Technology, Siemens, Honeywell, Pintsch Tiefenbach and so on. The production value of Rail Wheel Sensors is about 106713 K USD in 2016.
Europe is the largest production regions of Rail Wheel Sensors, with a production value market share nearly 46.82% in 2016.
The second place is North America; following Europe with the production value market share over 19.94% in 2016.
Rail Wheel Sensors used for Rail Transport Line and Urban Rail Transit. Report data showed that 71.23% of the Rail Wheel Sensors market demand for Rail Transport Line in 2016.
There are two kinds of Single Wheel Sensor and Double Wheel Sensor. Double Wheel Sensor is important in the Rail Wheel Sensors industry, with a Production market share nearly 64.06% in 2016.
According to this study, over the next five years the Rail Wheel Sensors market will register a 7.8% CAGR in terms of revenue, the global market size will reach USD 180 million by 2024, from USD 120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Rail Wheel Sensors business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Rail Wheel Sensors market by product type, application, key manufacturers and key regions and countries.
This study considers the Rail Wheel Sensors 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.
Single Wheel Sensor
Double Wheel Sensor
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Rail Transport Line
Urban Rail Transit
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.
Frauscher Sensor Technology
Siemens
Honeywell
Pintsch Tiefenbach
Western-Cullen-Hayes Inc.
Fersil
Altpro
Shenzhen Javs Technology
Argenia Railway Technologies Inc.
Anhui Landun Photoelectron
Beijing Railtechcn Technology
Senchuan
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 Rail Wheel Sensors 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 Rail Wheel Sensors market by identifying its various subsegments.
Focuses on the key global Rail Wheel Sensors 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 Rail Wheel Sensors 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 Rail Wheel Sensors 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.
