Press release
Rising Network Of Metro And High-Speed Trains Drives The Market: A Key Catalyst Accelerating Track Geometry Measurement System Market Growth in 2025
Track Geometry Measurement System Market
Track Geometry Measurement System Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for track geometry measurement systems has seen consistent growth in the past few years. Its value will increase from $3.46 billion in 2024 to $3.6 billion in 2025, representing a compound annual growth rate (CAGR) of 4.1%. The expansions witnessed in the past can be credited to adherence to safety rules, the drive to reduce maintenance costs, the streamlining of asset management, enhancements in operational efficiency, a rise in railway traffic, and cost-efficient upgradations.
Track Geometry Measurement System Market Size Forecast: What's the Projected Valuation by 2029?
Expectations for the track geometry measurement system market forecast robust growth in the coming years, ballooning to $4.57 billion by 2029. This indicates a compound annual growth rate (CAGR) of 6.1%. Factors contributing to this growth during the forecast period include the integration of internet of things (iot) and artificial intelligence (ai), increased worldwide rail investments, heightened focus on predictive maintenance, environmental sustainability, and the spread of high-speed rail networks. The forecast period will also see significant trends such as the inclusion of advanced tech, a concentrated focus on high-speed rail networks, remote and automated monitoring, standardization and interoperability of data, and predictive maintenance and monitoring based on conditions.
View the full report here:
https://www.thebusinessresearchcompany.com/report/track-geometry-measurement-system-global-market-report
What Are the Drivers Transforming the Track Geometry Measurement System Market?
The growth of the track geometry measurement systems market is predicted to be spurred on by the burgeoning network of metro and high-speed train transport. High-speed rail, which comprises passenger rail systems designed to operate at speeds from 200 to 300 km/h, occasionally faster, utilizes track geometry measurement systems. These systems are essential in maintaining track quality and ensuring safety, through regular measurement of track conditions, thereby meeting the requirements for the approved speed. Case in point, a report from the Australian Railway Association disclosed a 2.2% increase in Australia's railway building activity, amounting to $10.73 billion, in the 2021-22 period. Additionally, in 2022, data released by the China State Railway Group Co., Ltd. showed that China activated 4,100 kilometers of new railway lines, which encompassed 2,082 kilometers of high-speed tracks. Given this, the expanding networks of metro and high-speed trains are propelling the market growth for track geometry measurement systems.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9482&type=smp
What Trends Will Shape the Track Geometry Measurement System Market Through 2029 and Beyond?
The prime trend that has gained momentum in the track geometry measurement systems market is the rise of technological advancements. To consolidate their presence in the market, key businesses involved in the track geometry measurement systems market are focusing on the development of innovative technologies. As a testament to this, Fugro, a Dutch multinational known for its expertise in gathering and analyzing geological data on land and seascapes, launched its TrackBase system in 2022. This system, a wayside monitoring solution, enables constant track geometry measurements via laser scanning technology.
Which Segments in the Track Geometry Measurement System Market Offer the Most Profit Potential?
The track geometry measurement system market covered in this report is segmented -
1) By Type: Gauge, Twist, Vertical Profile
2) By Product Types: Track Geometry Trolley, Track Geometry Inspection Vehicle (TGIV), Autonomous Track Geometry Measurement System (ATGMS)
3) By Application: High Speed Railways, Heavy Haul Railways, Light Railways, Mass Transit Railways
Subsegments:
1) By Gauge: Standard Gauge, Broad Gauge, Narrow Gauge
2) By Twist: Longitudinal Twist, Transverse Twist
3) By Vertical Profile: Surface Profile, Cross Level, Vertical Alignment
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9482&type=smp
Which Firms Dominate the Track Geometry Measurement System Market by Market Share and Revenue in 2025?
Major companies operating in the track geometry measurement system market include Ensco plc, Fugro N.V., MER MEC S.p.A., Lasser & Theurer GmbH & Co. KG, MRX Technologies Inc., Bentley Systems Incorporated, Goldschmidt Thermit Group, Siemens AG, Vista Instrumentation LLC, Holland LP, GRAW Inc., South Survey International Holdings Limited, Amberg Technologies AG, Trimble Inc., Plasser & Theurer Export von Bahnbaumaschinen Gesellschaft m.b.H., Harsco Rail LLC, Rail Vision GmbH, Balfour Beatty plc, Egis Group SA, ESIM Technologies, Alstom Transport SA, GE Transportation a Wabtec company, Hitachi Rail Ltd., Kawasaki Heavy Industries Ltd., Stadler Rail AG, Sperry Rail Inc., Train Dynamics Systems
Which Regions Offer the Highest Growth Potential in the Track Geometry Measurement System Market?
Asia-Pacific was the largest region in the track geometry measurement system market in 2024. Europe was the second-largest region in the track geometry measurement system market. The regions covered in the track geometry measurement system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9482
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising Network Of Metro And High-Speed Trains Drives The Market: A Key Catalyst Accelerating Track Geometry Measurement System Market Growth in 2025 here
News-ID: 4260651 • Views: …
More Releases from The Business Research Company
Metalized Films Market Growth Accelerates: Strategic Forecast Predicts $3.59 Bil …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Metalized Films Industry Market Size Be by 2025?
There has been a robust growth in the market size of metalized films in the past years. The market size is projected to increase from $2.65 billion in 2024 to $2.8 billion in 2025, with a compound annual…
Emerging Trends to Reshape the Furan Resin For Casting Market: Technological Adv …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Furan Resin For Casting Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size for furan resin for casting has seen robust growth. An increase from $41.17 billion in 2024 to $43.96 billion in 2025 is anticipated, representing a compound annual…
Forged And Stamped Goods Market Landscape to 2034: Key Forces Shaping the Next D …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Forged And Stamped Goods Market Size By 2025?
The market size for forged and stamped goods has seen a stable growth over the past few years. Its projected size will increase from $279.43 billion in 2024 to $290.3 billion in 2025, showing a compound annual…
Soaring Demand Set to Propel Alloy Steel Market to $166.66 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Alloy Steel Market Through 2025?
In the past few years, there has been a slight increase in the size of the alloy steel market. The market, which is projected to expand from $148.14 billion in 2024 to $150.13 billion in 2025, expects…
More Releases for Track
Vital Fit Track Review: The Smart Way to Track Your Health
TL;DR Summary: Vital Fit Track is an all-in-one health and fitness smartwatch designed to monitor heart rate, blood pressure, oxygen levels, sleep patterns, and overall activity. It aims to make staying healthy easier and more accessible by combining powerful biometric sensors with a sleek, lightweight design. With its 24/7 tracking features, smartphone notifications, and 30-day money-back guarantee, Vital Fit Track positions itself as a practical, affordable alternative to high-priced fitness…
Magic Track track: what kids want as Holiday gift
In this holiday season you might be out of ideas of what to get for your kids for Christmas. You have a niece or a nephew who asked you for a gift for the holiday but you are short of ideas of gifts to get for them. Well, you are not alone and that is why I am writing about the magic track track.
The magic track track also known as…
Vital Fit Track Reviews: Is Vital Fit Track Legit? Read The Vital Fit Track Cons …
Vital Fit Track is a cutting-edge wearable device that seamlessly combines the functionality of a traditional wristwatch with advanced fitness and health tracking features. Designed to empower individuals in monitoring and improving their physical activity levels, tracking their health metrics, and enhancing their overall well-being, this smart device is revolutionizing the way we approach fitness and personal health.
With its sleek and stylish design, the Vital Fit Track Watch is not…
Vital Fit Track Reviews- Are Vital Fit Track Good? Read Vital Fit Track Watch Co …
The Vital Fit Track Watch is a cutting-edge smartwatch designed to elevate your fitness journey and enhance your daily life. Combining advanced fitness tracking capabilities, seamless smartphone integration, and a sleek, stylish design, this innovative device serves as your ultimate fitness companion.
In today's fast-paced world, staying connected and prioritizing health and fitness can be challenging. The Vital Fit Track Watch addresses these challenges by seamlessly blending fashion and functionality, allowing…
Agricultural Equipment Rubber Track Market - Zhejiang Yuan Chuang Rubber Track, …
As per the research conducted by KD Market insights, the report “Agricultural Equipment Rubber Track Market” provides current as well as future analysis of the market by evaluating the major applications, advantages, trends, and challenges. The report dives deeper to produce useful insights into Agricultural Equipment Rubber Track Market such as major global regions and key competitors and strategies that can be used for the entry-level player too.
Report start…
Track Shoes Market Report 2018: Segmentation by Type (Ordinary Track Shoes, Spik …
Global Track Shoes market research report provides company profile for Saucony, New Balance, Under Armour, Brooks, Mizuno, Nike, Adidas, Asics, Puma and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides…
