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Rail Wheel Sensors-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Rail Wheel Sensors market size is expected to reach US$ 276.7 million by 2029, growing at a CAGR of 7.9% from 2023 to 2029. The market is mainly driven by the significant applications of Rail Wheel Sensors in various end use industries. The expanding demands from the Rail Transport Line and Urban Rail Transit, are propelling Rail Wheel Sensors market. Single Wheel Sensor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Double Wheel Sensor segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Rail Wheel Sensors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Rail Wheel Sensors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Rail Wheel Sensors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Rail Wheel Sensors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Rail Wheel Sensors covered in this report include Frauscher Sensor Technology, Siemens, Honeywell, Pintsch Tiefenbach, Western-Cullen-Hayes, Fersil, Altpro, Shenzhen Javs Technology and Argenia Railway Technologies, etc.
The global Rail Wheel Sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Rail Wheel Sensors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Rail Wheel Sensors market, Segment by Type:
Single Wheel Sensor
Double Wheel Sensor
Global Rail Wheel Sensors market, by Application
Rail Transport Line
Urban Rail Transit
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Rail Wheel Sensors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Rail Wheel Sensors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Rail Wheel Sensors market size is expected to reach US$ 276.7 million by 2029, growing at a CAGR of 7.9% from 2023 to 2029. The market is mainly driven by the significant applications of Rail Wheel Sensors in various end use industries. The expanding demands from the Rail Transport Line and Urban Rail Transit, are propelling Rail Wheel Sensors market. Single Wheel Sensor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Double Wheel Sensor segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Rail Wheel Sensors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Rail Wheel Sensors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Rail Wheel Sensors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Rail Wheel Sensors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Rail Wheel Sensors covered in this report include Frauscher Sensor Technology, Siemens, Honeywell, Pintsch Tiefenbach, Western-Cullen-Hayes, Fersil, Altpro, Shenzhen Javs Technology and Argenia Railway Technologies, etc.
The global Rail Wheel Sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Rail Wheel Sensors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Rail Wheel Sensors market, Segment by Type:
Single Wheel Sensor
Double Wheel Sensor
Global Rail Wheel Sensors market, by Application
Rail Transport Line
Urban Rail Transit
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Rail Wheel Sensors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Rail Wheel Sensors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Rail Wheel Sensors Market Overview
1.1 Rail Wheel Sensors Product Overview
1.2 Rail Wheel Sensors Market Segment by Type
1.2.1 Single Wheel Sensor
1.2.2 Double Wheel Sensor
1.3 Global Rail Wheel Sensors Market Size by Type
1.3.1 Global Rail Wheel Sensors Market Size Overview by Type (2018-2029)
1.3.2 Global Rail Wheel Sensors Historic Market Size Review by Type (2018-2023)
1.3.3 Global Rail Wheel Sensors Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Rail Wheel Sensors Sales Breakdown by Type (2018-2023)
1.4.2 Europe Rail Wheel Sensors Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Rail Wheel Sensors Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Rail Wheel Sensors Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Rail Wheel Sensors Sales Breakdown by Type (2018-2023)
2 Global Rail Wheel Sensors Market Competition by Company
2.1 Global Top Players by Rail Wheel Sensors Sales (2018-2023)
2.2 Global Top Players by Rail Wheel Sensors Revenue (2018-2023)
2.3 Global Top Players by Rail Wheel Sensors Price (2018-2023)
2.4 Global Top Manufacturers Rail Wheel Sensors Manufacturing Base Distribution, Sales Area, Product Type
2.5 Rail Wheel Sensors Market Competitive Situation and Trends
2.5.1 Rail Wheel Sensors Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Rail Wheel Sensors Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Rail Wheel Sensors as of 2022)
2.7 Date of Key Manufacturers Enter into Rail Wheel Sensors Market
2.8 Key Manufacturers Rail Wheel Sensors Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Rail Wheel Sensors Status and Outlook by Region
3.1 Global Rail Wheel Sensors Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Rail Wheel Sensors Historic Market Size by Region
3.2.1 Global Rail Wheel Sensors Sales in Volume by Region (2018-2023)
3.2.2 Global Rail Wheel Sensors Sales in Value by Region (2018-2023)
3.2.3 Global Rail Wheel Sensors Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Rail Wheel Sensors Forecasted Market Size by Region
3.3.1 Global Rail Wheel Sensors Sales in Volume by Region (2024-2029)
3.3.2 Global Rail Wheel Sensors Sales in Value by Region (2024-2029)
3.3.3 Global Rail Wheel Sensors Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Rail Wheel Sensors by Application
4.1 Rail Wheel Sensors Market Segment by Application
4.1.1 Rail Transport Line
4.1.2 Urban Rail Transit
4.2 Global Rail Wheel Sensors Market Size by Application
4.2.1 Global Rail Wheel Sensors Market Size Overview by Application (2018-2029)
4.2.2 Global Rail Wheel Sensors Historic Market Size Review by Application (2018-2023)
4.2.3 Global Rail Wheel Sensors Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Rail Wheel Sensors Sales Breakdown by Application (2018-2023)
4.3.2 Europe Rail Wheel Sensors Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Rail Wheel Sensors Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Rail Wheel Sensors Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Rail Wheel Sensors Sales Breakdown by Application (2018-2023)
5 North America Rail Wheel Sensors by Country
5.1 North America Rail Wheel Sensors Historic Market Size by Country
5.1.1 North America Rail Wheel Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Rail Wheel Sensors Sales in Volume by Country (2018-2023)
5.1.3 North America Rail Wheel Sensors Sales in Value by Country (2018-2023)
5.2 North America Rail Wheel Sensors Forecasted Market Size by Country
5.2.1 North America Rail Wheel Sensors Sales in Volume by Country (2024-2029)
5.2.2 North America Rail Wheel Sensors Sales in Value by Country (2024-2029)
6 Europe Rail Wheel Sensors by Country
6.1 Europe Rail Wheel Sensors Historic Market Size by Country
6.1.1 Europe Rail Wheel Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Rail Wheel Sensors Sales in Volume by Country (2018-2023)
6.1.3 Europe Rail Wheel Sensors Sales in Value by Country (2018-2023)
6.2 Europe Rail Wheel Sensors Forecasted Market Size by Country
6.2.1 Europe Rail Wheel Sensors Sales in Volume by Country (2024-2029)
6.2.2 Europe Rail Wheel Sensors Sales in Value by Country (2024-2029)
7 Asia-Pacific Rail Wheel Sensors by Region
7.1 Asia-Pacific Rail Wheel Sensors Historic Market Size by Region
7.1.1 Asia-Pacific Rail Wheel Sensors Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Rail Wheel Sensors Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Rail Wheel Sensors Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Rail Wheel Sensors Forecasted Market Size by Region
7.2.1 Asia-Pacific Rail Wheel Sensors Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Rail Wheel Sensors Sales in Value by Region (2024-2029)
8 Latin America Rail Wheel Sensors by Country
8.1 Latin America Rail Wheel Sensors Historic Market Size by Country
8.1.1 Latin America Rail Wheel Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Rail Wheel Sensors Sales in Volume by Country (2018-2023)
8.1.3 Latin America Rail Wheel Sensors Sales in Value by Country (2018-2023)
8.2 Latin America Rail Wheel Sensors Forecasted Market Size by Country
8.2.1 Latin America Rail Wheel Sensors Sales in Volume by Country (2024-2029)
8.2.2 Latin America Rail Wheel Sensors Sales in Value by Country (2024-2029)
9 Middle East and Africa Rail Wheel Sensors by Country
9.1 Middle East and Africa Rail Wheel Sensors Historic Market Size by Country
9.1.1 Middle East and Africa Rail Wheel Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Rail Wheel Sensors Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Rail Wheel Sensors Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Rail Wheel Sensors Forecasted Market Size by Country
9.2.1 Middle East and Africa Rail Wheel Sensors Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Rail Wheel Sensors Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Frauscher Sensor Technology
10.1.1 Frauscher Sensor Technology Company Information
10.1.2 Frauscher Sensor Technology Introduction and Business Overview
10.1.3 Frauscher Sensor Technology Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Frauscher Sensor Technology Rail Wheel Sensors Products Offered
10.1.5 Frauscher Sensor Technology Recent Development
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens Rail Wheel Sensors Products Offered
10.2.5 Siemens Recent Development
10.3 Honeywell
10.3.1 Honeywell Company Information
10.3.2 Honeywell Introduction and Business Overview
10.3.3 Honeywell Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Honeywell Rail Wheel Sensors Products Offered
10.3.5 Honeywell Recent Development
10.4 Pintsch Tiefenbach
10.4.1 Pintsch Tiefenbach Company Information
10.4.2 Pintsch Tiefenbach Introduction and Business Overview
10.4.3 Pintsch Tiefenbach Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Pintsch Tiefenbach Rail Wheel Sensors Products Offered
10.4.5 Pintsch Tiefenbach Recent Development
10.5 Western-Cullen-Hayes
10.5.1 Western-Cullen-Hayes Company Information
10.5.2 Western-Cullen-Hayes Introduction and Business Overview
10.5.3 Western-Cullen-Hayes Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Western-Cullen-Hayes Rail Wheel Sensors Products Offered
10.5.5 Western-Cullen-Hayes Recent Development
10.6 Fersil
10.6.1 Fersil Company Information
10.6.2 Fersil Introduction and Business Overview
10.6.3 Fersil Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Fersil Rail Wheel Sensors Products Offered
10.6.5 Fersil Recent Development
10.7 Altpro
10.7.1 Altpro Company Information
10.7.2 Altpro Introduction and Business Overview
10.7.3 Altpro Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Altpro Rail Wheel Sensors Products Offered
10.7.5 Altpro Recent Development
10.8 Shenzhen Javs Technology
10.8.1 Shenzhen Javs Technology Company Information
10.8.2 Shenzhen Javs Technology Introduction and Business Overview
10.8.3 Shenzhen Javs Technology Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Shenzhen Javs Technology Rail Wheel Sensors Products Offered
10.8.5 Shenzhen Javs Technology Recent Development
10.9 Argenia Railway Technologies
10.9.1 Argenia Railway Technologies Company Information
10.9.2 Argenia Railway Technologies Introduction and Business Overview
10.9.3 Argenia Railway Technologies Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Argenia Railway Technologies Rail Wheel Sensors Products Offered
10.9.5 Argenia Railway Technologies Recent Development
10.10 Anhui Landun Photoelectron
10.10.1 Anhui Landun Photoelectron Company Information
10.10.2 Anhui Landun Photoelectron Introduction and Business Overview
10.10.3 Anhui Landun Photoelectron Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Anhui Landun Photoelectron Rail Wheel Sensors Products Offered
10.10.5 Anhui Landun Photoelectron Recent Development
10.11 Beijing Railtechcn Technology
10.11.1 Beijing Railtechcn Technology Company Information
10.11.2 Beijing Railtechcn Technology Introduction and Business Overview
10.11.3 Beijing Railtechcn Technology Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Beijing Railtechcn Technology Rail Wheel Sensors Products Offered
10.11.5 Beijing Railtechcn Technology Recent Development
10.12 Senchuan
10.12.1 Senchuan Company Information
10.12.2 Senchuan Introduction and Business Overview
10.12.3 Senchuan Rail Wheel Sensors Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Senchuan Rail Wheel Sensors Products Offered
10.12.5 Senchuan Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Rail Wheel Sensors Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Rail Wheel Sensors Industrial Chain Analysis
11.4 Rail Wheel Sensors Market Dynamics
11.4.1 Rail Wheel Sensors Industry Trends
11.4.2 Rail Wheel Sensors Market Drivers
11.4.3 Rail Wheel Sensors Market Challenges
11.4.4 Rail Wheel Sensors Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Rail Wheel Sensors Distributors
12.3 Rail Wheel Sensors Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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