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Rail Wheel sensors are inductively acting sensors which detect the metal mass of the wheel flange and generate electrical impulses therefrom. Depending on the application a distinction is made between single wheel sensors for rolling stock detection and switching tasks as well as double wheel sensors for direction detection, axle counting and speed measurement.
LPI (LP Information)' newest research report, the "Rail Wheel Sensors Industry Forecast" looks at past sales and reviews total world Rail Wheel Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Rail Wheel Sensors sales for 2023 through 2029. With Rail Wheel Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rail Wheel Sensors industry.
This Insight Report provides a comprehensive analysis of the global Rail Wheel Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rail Wheel Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rail Wheel Sensors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rail Wheel Sensors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rail Wheel Sensors.
The global Rail Wheel Sensors market size is projected to grow from US$ 158 million in 2022 to US$ 274.2 million in 2029; it is expected to grow at a CAGR of 274.2 from 2023 to 2029.
Global Rail Wheel Sensors key players include Frauscher Sensor Technology, Siemens, Honeywell, Pintsch Tiefenbach, Western-Cullen-Hayes etc. Global top five manufacturers hold a share over 70%.
Europe is the largest market, with a share over 40%, followed by North America and China, both have a share over 30% percent.
In terms of product, Double Wheel Sensor is the largest segment, with a share over 60%. And in terms of application, the largest application is Rail Transport Line followed by Urban Rail Transit.
This report presents a comprehensive overview, market shares, and growth opportunities of Rail Wheel Sensors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Single Wheel Sensor
- Double Wheel Sensor
Segmentation by application
- Rail Transport Line
- Urban Rail Transit
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Frauscher Sensor Technology
- Siemens
- Honeywell
- Pintsch Tiefenbach
- Western-Cullen-Hayes
- Fersil
- Altpro
- Shenzhen Javs Technology
- Argenia Railway Technologies
- Anhui Landun Photoelectron
- Beijing Railtechcn Technology
- Senchuan
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rail Wheel Sensors market?
What factors are driving Rail Wheel Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rail Wheel Sensors market opportunities vary by end market size?
How does Rail Wheel Sensors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?