Press release
Global Rail Wheel Sensors Market was 120 Million US$ in 2018 and is projected to reach 220 Million US$ by 2025 and is Expected to Grow at a CAGR of 7.9% Between 2019-2025 By Valuates Reports
Rail Wheel Sensors market was valued at 120 Million US$ in 2018 and is projected to reach 220 Million US$ by 2025, at a CAGR of 7.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Rail Wheel Sensors.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.
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This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Key Trends
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.
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The study objectives are:
To analyze and research the global Rail Wheel Sensors status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Rail Wheel Sensors manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Rail Wheel Sensors Breakdown Data by Type
Single Wheel Sensor
Double Wheel Sensor
Rail Wheel Sensors Breakdown Data by Application
Rail Transport Line
Urban Rail Transit
FEATURED COMPANIES
Frauscher Sensor Technology
Siemens AG
Honeywell
Pintsch Tiefenbach
Western-Cullen-Hayes Inc.
Fersil
Altpro
Shenzhen Javs
Rail Wheel Sensors Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
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