Rail Profile Measurement System Market Scope
Ever-rising running speeds in railway lines need an intensification of rail profile management. Knowing the rail wear condition is crucial because it is strictly associated with the key safety aspects of the railway infrastructure. Along with the essential measurements like head dimension and crown radius, the wear at the top and also the sides are often determined by comparison with the standard profile. It is additionally possible to measure the whole cross-section of a railhead and calculate the key information for each horizontal and vertical wear parameters. Integrated with inertial or Chord based Track geometry, the complete Rail Profile features cutting-edge lasers and video camera technology offer accurate and immediate reporting on the profile and wear condition of the rail whilst traveling at track speeds. The cameras capture full cross-sectional rail profiles from the base/web fillet area up to the top-of-rail surface to allow comprehensive and correct rail measurements and a functional integration with Track geometry measured parameters.
The Rail Profile Measurement System market study is segmented and major geographies with country level break-up.
The global industrial sensors industry is highly competitive due to the presence of giant players having strong distribution networks worldwide. The manufacturers are focusing on mergers & acquisitions to improve their market share and overall market position. Product launches, research, and expansion of the existing product portfolio are some of the other strategies that should be considered to gain ground in the market during the assessment period.
ENSCO (United States), Fugro (Netherlands), Mermec Inc. (Italy), Balfour Beatty (United Kingdom), Plasser & Theurer (Austria), Siemens (Germany), R. Bance & Co. (United Kingdom), Bentley Systems (United States), Goldschmidt Thermit Group (Germany) and Egis (France) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Vista Instrumentation LLC (United States), ZG Optique SA (Switzerland), Harsco Corporation (United States), Trimble Inc. (United States), Amberg Technologies AG (Switzerland), Rail Vision Europe (United Kingdom) and Holland LP (US).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Rail Profile Measurement System market by Type, Application and Region.
On the basis of geography, the market of Rail Profile Measurement System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In May 2021, Siemens Mobility announced it is to Acquire RailTerm. With the acquisition of RailTerm, Siemens Mobility signals its aim to build its Canadian business and create employments in an innovative digital industry.
March 2020, ENSCO Rail, a world leader in advanced rail technology solutions for traveller, transit and freight markets, recently delivered its second Autonomous Track geometry measurement System (ATGMS) and Autonomous Rail Profile measurement System (ARPMS) to Brazilian logistics company Rumo S.A., the biggest transport and logistics company in Latin America.
Market Trend
- Adoption of Rail Profile Measurement Systems that Use Video Camera Technology and Provide Immediate Reporting
Market Drivers
- Rising Adoption of Laser and Imaging Technology and Automatic Detection of Rail Wear Conditions
- Stringent Standards and Regulations With Regards to Railway Tracks
Opportunities
- Continuous Growth in Railways Infrastructure Including High-Speed Rails and Mass Transit System Across Various Countries
Restraints
Challenges
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Industrial Sensors Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry