Market Overview:
The global axle counter systems sales market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 2,711.5 Mn by 2030, registering a CAGR of 7.9% from 2018 to 2030. The railway segment is expected to account for the majority share of the global axle counter systems sales market in terms of revenue during the forecast period.
Product Definition:
Axle Counter Systems Sales is a term used in the railway industry to describe the sale of equipment that helps keep track of how many axles are passing through a given point on a railway. This equipment is important because it helps ensure that trains are not travelling too close together, which could lead to accidents.
Rail Side Installation:
Rail side installation is a method of mounting the axle counters on freight cars. It requires two main components, namely an electronic control unit and an axle counter system. The electronic control unit consists of sensors that are mounted on each rail and connected to a central processing unit by means of wireless technology for monitoring the vehicles in real time.
On-rail Installation:
On-rail installation is a method of mounting the rail on the existing structure. It reduces costs and time required for construction, provides flexibility to expand or contract based on customer requirements, and requires less space.
It can be used in various applications such as light rail vehicles (LRV), heavy rail vehicles (HRA), trams & trolleybuses, high speed trains (HSL/ bullet train) or conventional railways including freight cars.
Application Insights:
The railway application segment accounted for the largest revenue share of over 70% in 2017. The railway industry has been witnessing a paradigm shift due to the development of technologies such as automation, electric and hybrid locomotives, and smart transportation systems. These developments are expected to increase operational efficiency while reducing environmental impact. As a result, axle counter systems are expected to witness significant demand from railways applications over the forecast period.
The urban rail transit application segment is projected to expand at the fastest CAGR of XX% from 2018 to 2030 owing to increasing government expenditure on improving public transportation infrastructure in major cities around the world including New York City; Chicago; London; Paris; Madrid; Milan etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in metro and urban rail infrastructure development by various governments across countries, such as China, India, Thailand and Japan. In addition, rising demand for high-speed trains has also contributed significantly toward regional market growth.
The European region accounted for a significant share of global axle counters systems sales owing to growing adoption of electric traction in rail vehicles coupled with technological advancements associated with on-board information systems and communication networks along railway lines. Moreover, stringent regulations regarding carbon dioxide emissions from diesel engines are likely to further propel product demand across this region over the next eight years.
North America is anticipated to witness steady growth due its well established railways sector that has been operating at relatively higher speeds compared with other regions despite lower track density found across this region as compared to other modes of transport such as roadways or airways transportation network (ATN).
Growth Factors:
- Increasing demand for axle counter systems from the transportation sector to improve safety and efficiency.
- Proliferation of smart cities and the need for advanced traffic management systems.
- Growing investments in infrastructure development projects worldwide.
- Rising adoption of axle counter systems in metros and other urban areas for better traffic flow monitoring and control5 Increased awareness about the benefits of axle counter systems among transportation authorities, operators, and commuters
Scope Of The Report
Report Attributes
Report Details
Report Title
Axle Counter Systems Sales Market Research Report
By Type
Rail Side Installation, On-rail Installation
By Application
Railway, Urban Rail Transit
By Companies
Siemens, Voestalpine, Thales, Frauscher, Alstom, CRCEF, Scheidt & Bachmann, Keanda Electronic Technology, Consen Traffic Technology, PINTSCH GmbH, Splendor Science & Technology, CLEARSY, ALTPRO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Axle Counter Systems Sales Market Report Segments:
The global Axle Counter Systems Sales market is segmented on the basis of:
Types
Rail Side Installation, On-rail Installation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Railway, Urban Rail Transit
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- Voestalpine
- Thales
- Frauscher
- Alstom
- CRCEF
- Scheidt & Bachmann
- Keanda Electronic Technology
- Consen Traffic Technology
- PINTSCH GmbH
- Splendor Science & Technology
- CLEARSY
- ALTPRO
Highlights of The Axle Counter Systems Sales Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rail Side Installation
- On-rail Installation
- By Application:
- Railway
- Urban Rail Transit
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Axle Counter Systems Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Axle Counter Systems Sales is a company that provides sales and marketing services to the automotive industry.
Some of the major players in the axle counter systems sales market are Siemens, Voestalpine, Thales, Frauscher, Alstom, CRCEF, Scheidt & Bachmann, Keanda Electronic Technology, Consen Traffic Technology, PINTSCH GmbH, Splendor Science & Technology, CLEARSY, ALTPRO.
The axle counter systems sales market is expected to grow at a compound annual growth rate of 7.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Axle Counter Systems Sales Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Axle Counter Systems Sales Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Axle Counter Systems Sales Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Axle Counter Systems Sales Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Axle Counter Systems Sales Market Size & Forecast, 2018-2028
4.5.1 Axle Counter Systems Sales Market Size and Y-o-Y Growth
4.5.2 Axle Counter Systems Sales Market Absolute $ Opportunity
Chapter 5 Global Axle Counter Systems Sales Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Axle Counter Systems Sales Market Size Forecast by Type
5.2.1 Rail Side Installation
5.2.2 On-rail Installation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Axle Counter Systems Sales Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Axle Counter Systems Sales Market Size Forecast by Applications
6.2.1 Railway
6.2.2 Urban Rail Transit
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Axle Counter Systems Sales Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Axle Counter Systems Sales Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Axle Counter Systems Sales Analysis and Forecast
9.1 Introduction
9.2 North America Axle Counter Systems Sales Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Axle Counter Systems Sales Market Size Forecast by Type
9.6.1 Rail Side Installation
9.6.2 On-rail Installation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Axle Counter Systems Sales Market Size Forecast by Applications
9.10.1 Railway
9.10.2 Urban Rail Transit
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Axle Counter Systems Sales Analysis and Forecast
10.1 Introduction
10.2 Europe Axle Counter Systems Sales Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Axle Counter Systems Sales Market Size Forecast by Type
10.6.1 Rail Side Installation
10.6.2 On-rail Installation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Axle Counter Systems Sales Market Size Forecast by Applications
10.10.1 Railway
10.10.2 Urban Rail Transit
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Axle Counter Systems Sales Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Axle Counter Systems Sales Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Axle Counter Systems Sales Market Size Forecast by Type
11.6.1 Rail Side Installation
11.6.2 On-rail Installation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Axle Counter Systems Sales Market Size Forecast by Applications
11.10.1 Railway
11.10.2 Urban Rail Transit
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Axle Counter Systems Sales Analysis and Forecast
12.1 Introduction
12.2 Latin America Axle Counter Systems Sales Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Axle Counter Systems Sales Market Size Forecast by Type
12.6.1 Rail Side Installation
12.6.2 On-rail Installation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Axle Counter Systems Sales Market Size Forecast by Applications
12.10.1 Railway
12.10.2 Urban Rail Transit
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Axle Counter Systems Sales Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Axle Counter Systems Sales Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Axle Counter Systems Sales Market Size Forecast by Type
13.6.1 Rail Side Installation
13.6.2 On-rail Installation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Axle Counter Systems Sales Market Size Forecast by Applications
13.10.1 Railway
13.10.2 Urban Rail Transit
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Axle Counter Systems Sales Market: Competitive Dashboard
14.2 Global Axle Counter Systems Sales Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Voestalpine
14.3.3 Thales
14.3.4 Frauscher
14.3.5 Alstom
14.3.6 CRCEF
14.3.7 Scheidt & Bachmann
14.3.8 Keanda Electronic Technology
14.3.9 Consen Traffic Technology
14.3.10 PINTSCH GmbH
14.3.11 Splendor Science & Technology
14.3.12 CLEARSY
14.3.13 ALTPRO
