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Track Geometry Measurement System Market by Measurement Type (Gauge, Twist, and Vertical Profile), Operation Type (No Contact and Contact), Railway Type (High Speed, Mass Transit, Heavy Haul, and Light), Component, and Geography - Global Forecast to 2024

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Date: 28-Jan-2019
No. of pages: 143
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Increasing demand for track geometry measurement systems (TGMS) from high-speed railways and mass transit railways drives market growth

The TGMS market is expected to grow at a CAGR of 6.00% from 2019 to 2024, to reach USD 3.7 billion by 2024 from USD 2.8 billion in2019. Presence of various standards and regulations in the railway industry and need for track geometry measurement systems to meet those standards are among the key driving factors for the TGMS market. Adopting track geometry measurement systems for track maintenance and growing network of metro lines and high-speed railway lines are among the other factors fueling the growth of the TGMS market. However, the lack of required infrastructure can hinder the growth of the TGMS market.

Market for no contact track geometry measurement systems to witness significant growth during forecast period

The TGMS market, by operation type, is segmented into no contact and contact based track geometry measurement systems. The no contact based TGMS market is expected to witness significant growth during the forecast period. The major benefit of this operation type is that it is suitable for high and low speed. Also, it ensures high accuracy with the help of advanced technologies such as imaging technologies and optical laser sensors. Therefore, this type of operation method is gaining popularity for track geometry measurement.

Gauge segment to hold largest share of TGMS market in 2019

In this report, the TGMS market, by measurement type, has been segmented into gauge, twist, cant and cant deficiency, vertical profile, curvature, alignment, dynamic cross-level, dipped joints, and others. Among these, the gauge segment is expected to hold the largest share of the market throughout the forecast period. Gauge is one of the critical parameters of track geometry measurement. The wheel sets of the rails should be compatible with the track gauge, else it could result in fatal accidents due to derailment.

APAC to hold largest share of TGMS market from 2019to 2024

In terms of market size, APAC is expected to dominate the TGMS market during the forecast period as it is likely to witness significant growth in the said market during the forecast period. The increasing demand for track geometry measurement systems, especially no contact track geometry measurement systems, from the high-speed railways and mass transit railways is among the key factors accelerating the growth of the market in APAC.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with key officials in the TGMS market.

Following is the breakup of the profiles of primary participants for the report.


  • By Company Type: Tier 1 – 35 %, Tier 2 – 45%, and Tier 3 – 20%

  • By Designation: C-Level Executives – 35%, Directors – 25%, and Others – 40%

  • By Region: North America – 45%, Europe – 20%, APAC – 30%, and RoW – 5%


The report profiles key players in the TGMS market and analyzes their market rankings. Players profiled in this report are ENSCO (US), Fugro (Netherlands), MER MEC (Italy), Balfour Beatty (UK), Plasser & Theurer (Austria), Siemens (Germany), R. Bance & Co. (UK), Bentley Systems (US), Goldschmidt Thermit Group (Germany), Egis (France), Harsco Corporation (US), Trimble (US), DMA (Italy), Deutzer Technische Kohle (Germany), KŽV sro (Czech Republic), Vista Instrumentation (US), ZG Optique (Switzerland), Amberg Technologies (Switzerland), Rail Vision Europe (UK), and Holland LP (US).

Research Coverage

This report segments the TGMS market by measurement type, operation type, railway type, component, and geography. The report also describes major drivers, restraints, challenges, and opportunities pertaining to this market, as well as includes value chain and market ranking analysis.

Reasons to Buy This Report

The report will help leaders/new entrants in the TGMS market in the following ways:


  • The report segments the TGMS market comprehensively and provides the closest market size estimation for all sub segments across regions.

  • The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities pertaining to the TGMS market.

  • The report will help stakeholders understand their competitors better and gain insights to improve their position in the TGMS market. The competitive landscape section describes the competitor ecosystem.

Track Geometry Measurement System Market by Measurement Type (Gauge, Twist, and Vertical Profile), Operation Type (No Contact and Contact), Railway Type (High Speed, Mass Transit, Heavy Haul, and Light), Component, and Geography - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for Research Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in Track Geometry Measurement System Market
4.2 Track Geometry Measurement System Market, By Operation Type
4.3 Track Geometry Measurement System Market in Europe, By Country and Railway Type
4.4 Track Geometry Measurement System Market, By Measurement Type
4.5 Track Geometry Measurement System Market, By Country (2019)

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Presence of Various Standards and Regulations in Railway Industry
5.2.1.2 Use of Track Geometry Measurement Systems for Track Maintenance
5.2.1.3 Growth in Network of Metro Lines and High Speed Railway Lines
5.2.1.4 High Popularity of No Contact Track Geometry Measurement System
5.2.1.5 Deployment of Intelligent Techniques in Railways
5.2.2 Restraints
5.2.2.1 Lack of Required Infrastructure
5.2.3 Opportunities
5.2.3.1 Growing Demand for Track Geometry Measurement Systems From Developing Countries
5.2.3.2 Development of High-Speed Railway Network in Us
5.2.4 Challenges
5.2.4.1 Data Protection and Management
5.3 Value Chain Analysis

6 Track Geometry Measurement System Market, By Measurement Type
6.1 Introduction
6.2 Gauge
6.2.1 Gauge to Hold Largest Share of TGMS Market
6.3 Twist
6.3.1 Twist Measurement Type is Witnessing Significant Growth in TGMS Market
6.4 Cant and Cant Deficiency
6.4.1 APAC Expected to Dominate in TGMS Market for Cant and Cant Deficiency Measurement Type
6.5 Vertical Profile
6.5.1 Vertical Profile Measurement Type to Witness Highest Growth in TGMS Market
6.6 Curvature
6.6.1 High-Speed Railways Drive TGMS Market for Curvature Measurement Type
6.7 Alignment
6.7.1 APAC Drives TGMS Market for Alignment Measurement Type
6.8 Dynamic Cross-Level
6.8.1 High-Speed Railways and Mass Transit Railways are the Key Application Areas for Dynamic Cross-Level Measurement Type
6.9 Dipped Joints
6.9.1 APAC to Dominate in TGMS Market for Dipped Joints Measurement Type
6.10 Others

7 Track Geometry Measurement System Market, By Operation Type
7.1 Introduction
7.2 No Contact
7.2.1 Inertial Based
7.2.1.1 Suitability for Both High and Low Speed Measurement Boosts the Growth of Inertial-Based TGMS
7.2.2 Chord Based
7.2.2.1 Operability in Harsh Weather Conditions is One of the Key Factors Driving the Growth of Chord-Based TGMS
7.3 Contact
7.3.1 High-Speed Railways is One of the Major Application Area for Contact Based TGMS

8 Track Geometry Measurement System Market, By Railway Type
8.1 Introduction
8.2 High-Speed Railways
8.2.1 High-Speed Railways Holds Largest Share of the TGMS Market
8.3 Mass Transit Railways
8.3.1 Mass Transit Railways to Witness Significant Growth in TGMS Market During the Forecast Period
8.4 Heavy Haul Railways
8.4.1 High Demand for No Contact Based TGMS Drives the Growth of TGMS Market for Heavy Haul Railways
8.5 Light Railways
8.5.1 APAC to Dominate in TGMS Market for Light Railways

9 Track Geometry Measurement System Market, By Component
9.1 Introduction
9.2 Software
9.2.1 Software Segment to Dominate in the TGMS Market
9.3 Lighting Equipment
9.3.1 APAC to Drive the Growth of TGMS Market for Lighting Equipment
9.4 Navigation Equipment
9.4.1 Navigation Equipment Segment to Witness Significant Growth in TGMS Market During the Forecast Period
9.5 Communication Equipment
9.5.1 Europe and APAC are the Key Regions in TGMS Market for Communication Equipment
9.6 Computer
9.6.1 High-Speed Railways is One of the Key Application Areas in TGMS Market for Computer
9.7 Camera
9.7.1 Camera Segment to Grow at the Highest Rate in TGMS Market During the Forecast Period
9.8 Data Storage
9.8.1 APAC to Dominate in TGMS Market for Data Storage During the Forecast Period
9.9 Power Supply Equipment
9.9.1 Europe and APAC are the Key Regions in TGMS Market for Power Supply Equipment
9.10 Sensor
9.10.1 Accelerometer
9.10.1.1 High-Speed Railways and Mass Transit Railways are the Key Application Areas in TGMS Market for Accelerometers
9.10.2 Gyroscope
9.10.2.1 APAC to Dominate in TGMS Market for Gyroscope

10 Track Video Inspection System Market
10.1 Introduction
10.2 Rail Surface Inspection
10.3 Track Component Inspection
10.4 Joint Bar Inspection

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 US
11.2.1.1 Growth in Heavy Haul Railways Drives TGMS Market in the US
11.2.2 Canada
11.2.2.1 Canada is Fastest-Growing Country in TGMS Market in North America
11.2.3 Mexico
11.2.3.1 Increasing Spending Toward Railway Line Drives TGMS Market in Mexico
11.3 Europe
11.3.1 Germany
11.3.1.1 Germany to Hold Largest Share of TGMS Market in Europe
11.3.2 UK
11.3.2.1 High-Speed Rail Projects Drive TGMS Market in UK
11.3.3 France
11.3.3.1 Expansion of Metro Lines in the Country to Boost TGMS Market Growth
11.3.4 Italy
11.3.4.1 Increase in Construction of High-Speed Railway Network to Boost Demand for TGMS Market in Italy
11.3.5 Rest of Europe
11.4 APAC
11.4.1 China
11.4.1.1 China to Hold Largest Share of TGMS Market in APAC
11.4.2 Japan
11.4.2.1 Railway Transport is the Major Mode of Passenger Transport in Japan That Increases Demand for TGMS
11.4.3 India
11.4.3.1 Various Projects for High-Speed Rail and Mass Transit Boost Growth of TGMS in India
11.4.4 Australia
11.4.4.1 Australia is One of the Fastest-Growing Country in APAC in TGMS Market
11.4.5 Rest of APAC
11.5 RoW
11.5.1 South America
11.5.1.1 South America to Hold Larger Share of TGMS Market in RoW
11.5.2 Middle East and Africa
11.5.2.1 Upcoming Railway Projects to Boost TGMS Market Growth in Middle East Countries

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis: TGMS Market
12.3 Competitive Situations and Trends
12.3.1 Product Launches
12.3.2 Contracts
12.3.3 Acquisitions and Expansions

13 Company Profiles
13.1 Key Players
13.1.1 Ensco
13.1.1.1 Business Overview
13.1.1.2 Product Offering
13.1.1.3 Recent Developments
13.1.1.4 SWOT Analysis
13.1.1.5 MnM View
13.1.2 Fugro
13.1.2.1 Business Overview
13.1.2.2 Products Offered
13.1.2.3 SWOT Analysis
13.1.2.4 MnM View
13.1.3 Mer Mec
13.1.3.1 Business Overview
13.1.3.2 Products Offered
13.1.3.3 Recent Developments
13.1.3.4 SWOT Analysis
13.1.3.5 MnM View
13.1.4 Balfour Beatty
13.1.4.1 Business Overview
13.1.4.2 Products Offered
13.1.4.3 Recent Developments
13.1.4.4 SWOT Analysis
13.1.4.5 MnM View
13.1.5 Plasser & Theurer
13.1.5.1 Business Overview
13.1.5.2 Products Offered
13.1.5.3 SWOT Analysis
13.1.5.4 MnM View
13.1.6 Siemens
13.1.6.1 Business Overview
13.1.6.2 Products Offered
13.1.6.3 Recent Developments
13.1.6.4 MnM View
13.1.7 R. Bance & Co.
13.1.7.1 Business Overview
13.1.7.2 Products Offered
13.1.7.3 MnM View
13.1.8 Bentley Systems
13.1.8.1 Business Overview
13.1.8.2 Products Offered
13.1.8.3 Recent Developments
13.1.8.4 MnM View
13.1.9 Goldschmidt Thermit Group
13.1.9.1 Business Overview
13.1.9.2 Products Offered
13.1.9.3 Recent Developments
13.1.9.4 MnM View
13.1.10 EGIS
13.1.10.1 Business Overview
13.1.10.2 Products Offered
13.1.10.3 Recent Developments
13.1.10.4 MnM View
13.2 Other Companies
13.2.1 DMA
13.2.2 Deutzer Technische Kohle
13.2.3 Kžv, Spol. Sro
13.2.4 Vista Instrumentation LLC
13.2.5 ZG Optique
13.2.6 Harsco Corporation
13.2.7 Trimble
13.2.8 Amberg Technologies
13.2.9 Rail Vision Europe
13.2.10 Holland LP

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details

List of Tables

Table 1 TGMS Market, By Measurement Type, 2015–2024 (USD Million)
Table 2 TGMS Market for Gauge Measurement Type, By Railway Type, 2015–2024 (USD Million)
Table 3 TGMS Market for Gauge Measurement Type, By Region, 2015–2024 (USD Million)
Table 4 TGMS Market for Twist Measurement Type, By Railway Type, 2015–2024 (USD Million)
Table 5 TGMS Market for Twist Measurement Type, By Region, 2015–2024 (USD Million)
Table 6 TGMS Market for Cant and Cant Deficiency Measurement Type, By Railway Type, 2015–2024 (USD Million)
Table 7 TGMS Market for Cant and Cant Deficiency Measurement Type, By Region, 2015–2024 (USD Million)
Table 8 TGMS Market for Vertical Profile Measurement Type, By Railway Type, 2015–2024 (USD Million)
Table 9 TGMS Market for Vertical Profile Measurement Type, By Region, 2015–2024 (USD Million)
Table 10 TGMS Market for Curvature Measurement Type, By Railway Type, 2015–2024 (USD Million)
Table 11 TGMS Market for Curvature Measurement Type, By Region, 2015–2024 (USD Million)
Table 12 TGMS Market for Alignment Measurement Type, By Railway Type, 2015–2024 (USD Million)
Table 13 TGMS Market for Alignment Measurement Type, By Region, 2015–2024 (USD Million)
Table 14 TGMS Market for Dynamic Cross-Level Measurement Type, By Railway Type, 2015–2024 (USD Million)
Table 15 TGMS Market for Dynamic Cross-Level Measurement Type, By Region, 2015–2024 (USD Million)
Table 16 TGMS Market for Dipped Joints Measurement Type, By Railway Type, 2015–2024 (USD Million)
Table 17 TGMS Market for Dipped Joints Measurement Type, By Region, 2015–2024 (USD Million)
Table 18 TGMS Market for Other Measurement Types, By Railway Type, 2015–2024 (USD Million)
Table 19 TGMS Market for Other Measurement Types, By Region, 2015–2024 (USD Million)
Table 20 TGMS Market, By Operation Type, 2015–2024 (USD Million)
Table 21 TGMS Market for No Contact Operation Type, By Railway Type, 2015–2024 (USD Million)
Table 22 TGMS Market for Contact Operation Type, By Railway Type, 2015–2024 (USD Million)
Table 23 TGMS Market, By Railway Type, 2015–2024 (USD Million)
Table 24 TGMS Market for High-Speed Railways, By Region, 2015–2024 (USD Million)
Table 25 TGMS Market for High-Speed Railways, By Operation Type, 2015–2024 (USD Million)
Table 26 TGMS Market for High-Speed Railways, By Measurement Type, 2015–2024 (USD Million)
Table 27 TGMS Market for Mass Transit Railways, By Region, 2015–2024 (USD Million)
Table 28 TGMS Market for Mass Transit Railways, By Operation Type, 2015–2024 (USD Million)
Table 29 TGMS Market for Mass Transit Railways, By Measurement Type, 2015–2024 (USD Million)
Table 30 TGMS Market for Heavy Haul Railways, By Region, 2015–2024 (USD Million)
Table 31 TGMS Market for Heavy Haul Railways, By Operation Type, 2015–2024 (USD Million)
Table 32 TGMS Market for Heavy Haul Railways, By Measurement Type, 2015–2024 (USD Million)
Table 33 TGMS Market for Light Railways, By Region, 2015–2024 (USD Million)
Table 34 TGMS Market for Light Railways, By Operation Type, 2015–2024 (USD Million)
Table 35 TGMS Market for Light Railways, By Measurement Type, 2015–2024 (USD Million)
Table 36 TGMS Market, By Component, 2015–2024 (USD Million)
Table 37 TGMS Market for Software, By Region, 2015–2024 (USD Million)
Table 38 TGMS Market for Lighting Equipment, By Region, 2015–2024 (USD Million)
Table 39 TGMS Market for Navigation Equipment, By Region, 2015–2024 (USD Million)
Table 40 TGMS Market for Communication Equipment, By Region, 2015–2024 (USD Million)
Table 41 TGMS Market for Computer, By Region, 2015–2024 (USD Million)
Table 42 TGMS Market for Camera, By Region, 2015–2024 (USD Million)
Table 43 TGMS Market for Data Storage, By Region, 2015–2024 (USD Million)
Table 44 TGMS Market for Power Supply Equipment, By Region, 2015–2024 (USD Million)
Table 45 TGMS Market for Sensor, By Region, 2015–2024 (USD Million)
Table 46 TGMS Market, By Region, 2015–2024 (USD Million)
Table 47 TGMS Market in North America, By Country, 2015–2024 (USD Million)
Table 48 TGMS Market in North America, By Railway Type, 2015–2024 (USD Million)
Table 49 TGMS Market in North America, By Component, 2015–2024 (USD Million)
Table 50 TGMS Market in North America, By Measurement Type, 2015–2024 (USD Million)
Table 51 TGMS Market in Europe, By Country, 2015–2024 (USD Million)
Table 52 TGMS Market in Europe, By Railway Type, 2015–2024 (USD Million)
Table 53 TGMS Market in Europe, By Component, 2015–2024 (USD Million)
Table 54 TGMS Market in Europe, By Measurement Type, 2015–2024 (USD Million)
Table 55 TGMS Market in APAC, By Country, 2015–2024 (USD Million)
Table 56 TGMS Market in APAC, By Railway Type, 2015–2024 (USD Million)
Table 57 TGMS Market in APAC, By Component, 2015–2024 (USD Million)
Table 58 TGMS Market in APAC, By Measurement Type, 2015–2024 (USD Million)
Table 59 TGMS Market in RoW, By Country, 2015–2024 (USD Million)
Table 60 TGMS Market in RoW, By Railway Type, 2015–2024 (USD Million)
Table 61 TGMS Market in RoW, By Component, 2015–2024 (USD Million)
Table 62 TGMS Market in RoW, By Measurement Type, 2015–2024 (USD Million)
Table 63 Product Launches (2016–2017)
Table 64 Contracts (2016–2018)
Table 65 Acquisitions and Expansions (2016)

List of Figures

Figure 1 Track Geometry Measurement System Market Segmentation
Figure 2 Process Flow: Track Geometry Measurement System Market Size Estimation
Figure 3 Track Geometry Measurement System Market: Research Design
Figure 4 Track Geometry Measurement System Market: Bottom-Up Approach
Figure 5 Track Geometry Measurement System Market: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 TGMS Market Size (2015–2024)
Figure 8 Gauge to Hold Largest Size of TGMS Market By 2024
Figure 9 TGMS Market, By Operation Type (2019 vs 2024): No Contact Segment to Hold Larger Market in 2019 and 2024
Figure 10 High-Speed Railways Held Largest Share in TGMS Market in 2018
Figure 11 Software Segment to Dominate TGMS Market During Forecast Period
Figure 12 APAC Accounted for Largest Share of TGMS Market in 2018
Figure 13 Increasing Adoption of Track Geometry Measurement Systems in APAC Driving Market Growth
Figure 14 Track Geometry Measurement System Market for No Contact Segment to Grow at Higher CAGR During Forecast Period
Figure 15 High-Speed Railways Segment to Hold Largest Share of Track Geometry Measurement System Market in Europe By 2024
Figure 16 Gauge to Hold Largest Size of Track Geometry Measurement System Market During Forecast Period
Figure 17 China to Hold Largest Share of Track Geometry Measurement System Market in 2019
Figure 18 Growing Network of Metro and High-Speed Railway Lines Drives Track Geometry Measurement System Market
Figure 19 Length of Metro Infrastructure (In Km), 2016 vs 2017
Figure 20 Value Chain Analysis: Major Value Addition During Component and Product Manufacturing Stage
Figure 21 Track Geometry Measurement System Market, By Measurement Type
Figure 22 Gauge Measurement Type to Hold Largest Size of TGMS Market By 2024
Figure 23 High-Speed Railways to Dominate TGMS Market for Vertical Profile Measurement Type
Figure 24 APAC to Dominate TGMS Market for Alignment Measurement Type By 2024
Figure 25 Track Geometry Measurement System Market, By Operation Type
Figure 26 No Contact Operation Type to Dominate TGMS Market By 2024
Figure 27 Track Geometry Measurement System Market, By Railway Type
Figure 28 High-Speed Railways to Dominate TGMS Market By 2024
Figure 29 No Contact Segment to Dominate TGMS Market for Mass Transit Railways
Figure 30 Track Geometry Measurement System Market, By Component
Figure 31 Software Segment to Hold Largest Size of TGMS Market By 2024
Figure 32 APAC to Dominate TGMS Market for Communication Equipment
Figure 33 APAC to Dominate TGMS Market for Sensor By 2024
Figure 34 Track Video Inspection System Market
Figure 35 Geographic Snapshot (2019–2024): TGMS Market to Witness Significant Growth in APAC Countries Such as Australia During Forecast Period
Figure 36 North America: TGMS Market Snapshot
Figure 37 Europe: TGMS Market Snapshot
Figure 38 APAC: TGMS Market Snapshot
Figure 39 Ranking of Key Players in TGMS Market (2018)
Figure 40 Fugro: Company Snapshot
Figure 41 Balfour Beatty: Company Snapshot
Figure 42 Siemens: Company Snapshot
Figure 43 Bentley Systems: Company Snapshot
Figure 44 EGIS: Company Snapshot

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