Market Overview:
The global railroad track scales market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for railway transportation and the need for efficient and safe railway operations. The market is segmented on the basis of type, application, and region. On the basis of type, it is divided into mechanical and digital scales. Of these, the digital scales segment is expected to grow at a higher rate during the forecast period owing to its advantages such as accuracy, reliability, easy operation, etc. On the basis of application, it is classified into maintenance and construction segments.
Product Definition:
Railroad track scales are a type of weighing scale used to weigh railroad cars. They are important because they allow railroad companies to accurately measure the weight of their cars, which helps them to optimize their operations by ensuring that they are not overloading their trains.
Mechanical:
Mechanical is used to measure weight on rail vehicles such as cars, locomotives, and wagons. It is also used in aircraft for measuring the force of impact resulting from collisions or crashes. The mechanical system comprises of a series of interconnected units that are responsible for maintaining integrity and accuracy in the measurement process. These systems include wheel sets, axles, wheels themselves along with their attaching hardware which includes sprocket holes and bolts among others.
Digital:
The digital technology is used in the railroad track scales to provide accurate measurement of weight-bearing capacity of a rail track. It helps in maintaining records of maintenance and inspection activities performed on the tracks. The digital technology comprises sensors, microcontrollers, and data converters that are used for measuring wheel loadings on railway tracks.
Application Insights:
The maintenence segment dominated the market in 2017. This is attributed to the increasing number of rail track maintenance contracts across various regions, such as Asia Pacific and Middle East & Africa. Furthermore, a rise in demand for heavy machinery for construction and renovation of railway tracks is expected to drive the segment over the forecast period.
The manufacture application segment is anticipated to witness significant growth over the forecast period owing to an increase in production capacities across various regions, such as North America and Europe. For instance, manufacturing facilities have been established at Mexico City (CME) and Turin (SME) by Grupo Mexico and Ferrovie dello Stato Italiane S.p., respectively. These factors are likely to propel product demand from these applications during future periods.
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The growth can be attributed to increasing investments in infrastructure development, coupled with growing demand for intercity and high-speed rail services. Moreover, favorable government policies regarding the use of alternative energy sources are expected to drive traction weight scale requirements over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid urbanization and industrialization along with rising per capita income levels across countries such as China, India, Indonesia and Thailand among others. In addition, increasing foreign investments coupled with supportive FDI regulations are expected to boost traction weight scales market expansion over the forecast period.
Growth Factors:
- Increasing demand for railway transportation services
- Rapid growth in the global freight transport sector
- Rising investments in infrastructure development projects
- Proliferation of digital technologies across the supply chain
- Growing awareness about the benefits of using railroad track scales
Scope Of The Report
Report Attributes
Report Details
Report Title
Railroad Track Scales Market Research Report
By Type
Mechanical, Digital
By Application
Matinence, Construction
By Companies
Standard Scale & Supply Company, Rail weighing, Atlas Model Railroad Co., Inc, Canadian Scale, Railquip, Inc, Rice Lake Weighing Systems, Avery Weigh-Tronix, LLC, Brechbuhler Scales Inc, H&L Mesabi, Cardinal Scale Manufacturing Company, Standard Scale & Supply Company, Air Process Systems & Conveyors Co, Shanghai Investigation, DLScale
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Railroad Track Scales Market Report Segments:
The global Railroad Track Scales market is segmented on the basis of:
Types
Mechanical, Digital
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
Matinence, Construction
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:
- Standard Scale & Supply Company
- Rail weighing
- Atlas Model Railroad Co., Inc
- Canadian Scale
- Railquip, Inc
- Rice Lake Weighing Systems
- Avery Weigh-Tronix, LLC
- Brechbuhler Scales Inc
- H&L Mesabi
- Cardinal Scale Manufacturing Company
- Standard Scale & Supply Company
- Air Process Systems & Conveyors Co
- Shanghai Investigation
- DLScale
Highlights of The Railroad Track Scales 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:
- Mechanical
- Digital
- By Application:
- Matinence
- Construction
- 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 Railroad Track Scales 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
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- Consumer Insights
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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?
Railroad track scales are a type of weight scale that measure the weight of freight cars or locomotives.
Some of the major companies in the railroad track scales market are Standard Scale & Supply Company, Rail weighing, Atlas Model Railroad Co., Inc, Canadian Scale, Railquip, Inc, Rice Lake Weighing Systems, Avery Weigh-Tronix, LLC, Brechbuhler Scales Inc, H&L Mesabi, Cardinal Scale Manufacturing Company, Standard Scale & Supply Company, Air Process Systems & Conveyors Co, Shanghai Investigation, DLScale.
The railroad track scales market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Railroad Track Scales 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 Railroad Track Scales Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Railroad Track Scales 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 Railroad Track Scales 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 Railroad Track Scales Market Size & Forecast, 2020-2028
4.5.1 Railroad Track Scales Market Size and Y-o-Y Growth
4.5.2 Railroad Track Scales Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Mechanical
5.2.2 Digital
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Matinence
6.2.2 Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Railroad Track Scales 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 Railroad Track Scales 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Mechanical
9.6.2 Digital
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 Market Size Forecast by Applications
9.10.1 Matinence
9.10.2 Construction
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Mechanical
10.6.2 Digital
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 Market Size Forecast by Applications
10.10.1 Matinence
10.10.2 Construction
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Mechanical
11.6.2 Digital
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 Market Size Forecast by Applications
11.10.1 Matinence
11.10.2 Construction
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Mechanical
12.6.2 Digital
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 Market Size Forecast by Applications
12.10.1 Matinence
12.10.2 Construction
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Mechanical
13.6.2 Digital
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) Market Size Forecast by Applications
13.10.1 Matinence
13.10.2 Construction
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 Railroad Track Scales Market: Competitive Dashboard
14.2 Global Railroad Track Scales Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Standard Scale & Supply Company
14.3.2 Rail weighing
14.3.3 Atlas Model Railroad Co., Inc
14.3.4 Canadian Scale
14.3.5 Railquip, Inc
14.3.6 Rice Lake Weighing Systems
14.3.7 Avery Weigh-Tronix, LLC
14.3.8 Brechbuhler Scales Inc
14.3.9 H&L Mesabi
14.3.10 Cardinal Scale Manufacturing Company
14.3.11 Standard Scale & Supply Company
14.3.12 Air Process Systems & Conveyors Co
14.3.13 Shanghai Investigation
14.3.14 DLScale
