Press release
Global Rail Switch Point Heating System Market : Trends, Growth, and Forecast (2023-2032)
Switch point heating systems keep the railway tracks and switches free from snow or ice. There are different types of heating methods used in rail switch point heating systems depending on the existing infrastructure and weather conditions in the region.
These methods include electric heating, gas heating, and liquid heating. The electric heating method uses resistance strip elements, the gas heating method uses infrared radiation, and the liquid heating method uses central heating (CH) boilers or ground heat.
A switch point heating system is used to save railway, switch points, and reduce accidental situations. This system is easy to install, handle, and reduce power consumption, and increase security.
Thus, a rail switch point heating system will increase the safety of trains.
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COVID-19 Impact Analysis
Due to COVID-19, the government across all countries declared lockdown and various other restrictions. The lockdown had disrupted the work of building railroads and the demand for transportation via railway. Moreover, due to social distancing norms and other restrictions, there was the unavailability of labor for working at the rail lines which further delayed the process. Thus, affecting the demand and supply of rail switch point heating systems. Furthermore, the raw material required for manufacturing of rail switch point heating system was also unavailable which disrupted the whole operation. The railway is an evolving sector, but pandemic has weakened the sector further affecting the rail switch point heating system market.
Top Impacting Factors
Rise in vibration proof & energy saving designs, customizable according to need, and increase in demand for safety is expected to drive the growth of the market.
However, high initial and maintenance cost hamper the growth of the market.
Moreover, reduction in the need for human intervention, rise in demand for railways globally for transportation, and surge in demand for advanced technologies act as an opportunity for the growth of the market.
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Market Trends
Vibration-proof & energy-saving designs
Rail switch point heating systems can be badly affected by heavy snow during winter seasons which can cause critical safety problems. Furthermore, the maintenance and repair of the conventional heat system are expensive due to its complexity and higher probability of failure. Thus, an efficient switch point heat system with a simplified equipment structure and lower maintenance cost is required for better safety and performance of the railroad system.
For instance, Conflux switch point heat system builds the most energy-efficient and reliable heat system in the market. Moreover, the Conflux heat system reduces the energy consumption by 50 %, it has a sleek design, easy installation, and most importantly it is compatible with the existing infrastructure.
Furthermore, NIBE ELEMENT RAILWAY SOLUTIONS switch point heating system is called BLUE POINT uses flat stainless steel for their system. Thus, it enables the system to withstand harsh weather conditions, corrosion problems, and vibrations. All these factors are expected to drive the growth of the rail switch point heating system market.
Key Benefits of the Report
This study presents the analytical depiction of the rail switch point heating system market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with challenges of the rail switch point heating system market.
The current market is quantitatively analyzed to highlight the rail switch point heating system market growth scenario.
The report provides a detailed rail switch point heating system market analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions Answered in the Report
Which are the leading market players active in the rail switch point heating system market?
What would be the detailed impact of COVID-19 on the market?
What current trends would influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the rail switch point heating system market?
What are the projections for the future that would help in taking further strategic steps?
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