Middle East & Africa Track Geometry Measurement System Market Size & Outlook
Middle East & Africa track geometry measurement system market, 2017-2030 (US$M)
Related Markets
MEA track geometry measurement system market highlights
- The MEA track geometry measurement system market generated a revenue of USD 164.0 million in 2022.
- The market is expected to grow at a CAGR of 5.1% 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.
MEA data book summary
| Market revenue in 2022 | USD 164.0 million |
| Market revenue in 2030 | USD 243.6 million |
| Growth rate | 5.1% (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, MEA region accounted for 4.9% 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 Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 51.28% in 2022. Horizon Databook has segmented the Middle East & Africa track geometry measurement system market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Middle East & Africa Track Geometry Measurement System Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Software
- Services
- Middle East & Africa Track Geometry Measurement System Railway Type Outlook (Revenue, USD Million, 2017-2030)
- Mass Transit Railways
- Heavy Haul Railways
- High-Speed Railways
- Light Railways
- Middle East & Africa 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 Middle East & Africa track geometry measurement system market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa track geometry measurement system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Track Geometry Measurement System Market Outlook Share, 2022 & 2030 (US$M)
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