Asia Pacific Track Geometry Measurement System Market Size & Outlook
The track geometry measurement system market in Asia Pacific is expected to reach a projected revenue of US$ 1,799.0 million by 2030. A compound annual growth rate of 4.4% is expected of Asia Pacific track geometry measurement system market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,271.0
Forecast, 2030 (US$M)
$1,799.0
CAGR, 2023 - 2030
4.4%
Report Coverage
Asia Pacific
Asia Pacific track geometry measurement system market, 2017-2030 (US$M)
Related Markets
Asia Pacific track geometry measurement system market highlights
- The Asia Pacific track geometry measurement system market generated a revenue of USD 1,271.0 million in 2022.
- The market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2022.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 1,271.0 million |
| Market revenue in 2030 | USD 1,799.0 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Balfour Beatty PLC, Bentley Systems Inc Ordinary Shares - Class B, Fugro NV, Siemens AG, Trimble Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 37.9% of the global track geometry measurement system market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,580.0 million by 2030.
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Track Geometry Measurement System Market Scope
Track geometry measurement system market segmentation & scope
Track Geometry Measurement System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific track geometry measurement system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to track geometry measurement system market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 53.7% in 2022. Horizon Databook has segmented the Asia Pacific track geometry measurement system market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Asia Pacific Track Geometry Measurement System Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Software
- Services
- Asia Pacific Track Geometry Measurement System Railway Type Outlook (Revenue, USD Million, 2017-2030)
- Mass Transit Railways
- Heavy Haul Railways
- High-Speed Railways
- Light Railways
- Asia Pacific Track Geometry Measurement System Operation Outlook (Revenue, USD Million, 2017-2030)
- Contact
- Contactless
- Inertial Based
- Chord Based
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific track geometry measurement system market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific track geometry measurement system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific track geometry measurement system market size, by country, 2017-2030 (US$M)
Asia Pacific Track Geometry Measurement System Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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