China Track Geometry Measurement System Market Size & Outlook
China track geometry measurement system market, 2017-2030 (US$M)
Related Markets
China track geometry measurement system market highlights
- The China track geometry measurement system market generated a revenue of USD 277.8 million in 2022 and is expected to reach USD 419.0 million by 2030.
- The China market is expected to grow at a CAGR of 5.3% 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.
Track geometry measurement system market data book summary
| Market revenue in 2022 | USD 277.8 million |
| Market revenue in 2030 | USD 419.0 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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, China accounted for 8.3% of the global track geometry measurement system market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan track geometry measurement system market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 292.6 million by 2030.
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Track Geometry Measurement System Market Scope
Track Geometry Measurement System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 52.74% in 2022. Horizon Databook has segmented the China track geometry measurement system market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
- China Track Geometry Measurement System Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Software
- Services
- China Track Geometry Measurement System Railway Type Outlook (Revenue, USD Million, 2017-2030)
- Mass Transit Railways
- Heavy Haul Railways
- High-Speed Railways
- Light Railways
- China Track Geometry Measurement System Operation Outlook (Revenue, USD Million, 2017-2030)
- Contact
- Contactless
- Inertial Based
- Chord Based
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Our clientele includes a mix of track geometry measurement system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China track geometry measurement system market , including forecasts for subscribers. This country databook contains high-level insights into China track geometry measurement system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China track geometry measurement system market size, by component, 2017-2030 (US$M)
China Track Geometry Measurement System Market Outlook Share, 2022 & 2030 (US$M)
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