Market Overview:
The global rail-mount temperature transmitters 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 temperature transmitters in various industries, such as chemicals and petrochemicals, oil and gas, energy and power, food and beverages, and others. In addition, the growing demand for smart sensors is also contributing to the growth of this market. The resistance temperature detector (RTD) segment is expected to hold the largest share of the global rail-mount temperature transmitters market during the forecast period. This can be attributed to its high accuracy and reliability compared with other types of sensors.
Product Definition:
Rail-mount temperature transmitters are a type of temperature transmitter that is mounted on or near railroad tracks. Rail-mount temperature transmitters are important because they help to ensure that trains run safely and efficiently by monitoring the track's temperature.
Resistance Temperature Detector:
Resistance temperature detector (Rtd) is a device used in rail-mounted temperature transmitters to measure the ambient temperature. It consists of two terminals, one of which is connected to the sensor and other end is connected to an electronic circuit that generates a current dependent on the ambient temperature.
The value measured by Rtd varies with different materials as their resistance changes with changing temperatures.
Thermocouples:
Thermocouples are devices that generate a signal based on temperature differences and allow measurement of real-time temperature. They are used in rail-mount transmitters to measure the ambient temperature. The information gathered is then transferred to the train engine using a thermoelectric cooler, which reduces the engine temperatures by up to 30%.
Application Insights:
The chemicals and petrochemical industry dominated the global rail-mount temperature transmitters market in terms of revenue share in 2017. Factors such as rising crude oil prices, growing demand for chemical products, and increasing investments by companies to expand their production capacities are expected to drive the segment over the forecast period.
The food & beverage industry is anticipated to witness significant growth over the forecast period owing to factors such as rapid urbanization leading to increased consumption of packaged foods along with a rise in disposable incomes among consumers across various regions. This factor is expected to result in higher product penetration within this sector during the forecast period.
Regional Analysis:
Europe dominated the global rail-mounted temperature transmitters market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing infrastructure development and industrial growth in countries such as Germany, France, Italy, and Russia. In addition, rising adoption of rail-mounted temperature sensors by industries such as chemicals and petrochemical is also expected to drive the regional market over the forecast period.
The Asia Pacific regional market for rail-mounted temperature transmitters was valued at USD X million in 2017 owing to rapid industrialization along with increasing government initiatives for energy conservation across various economies including China.
Growth Factors:
- Increasing demand for rail-mounted temperature transmitters from the process industries for accurate and reliable temperature measurement.
- Growing popularity of wireless technology-based rail-mounted temperature transmitters, which offer enhanced performance and flexibility as compared to traditional wired systems.
- Proliferation of smart factories and IIoT (Industrial Internet of Things) is expected to create new opportunities for the growth of Rail-Mount Temperature Transmitters market in near future.
- Rising investments by leading players in R&D activities to develop innovative products that cater to the specific needs of different end users segments
Scope Of The Report
Report Attributes
Report Details
Report Title
Rail-Mount Temperature Transmitters Market Research Report
By Type
Resistance Temperature Detector, Thermocouples, Resistance-Type Remote Sensor
By Application
Chemicals and Petrochemical, Oil and Gas, Energy and Power, Food and Beverages, Others
By Companies
ABB, Thermo-Electra, Endress+Hauser, Honeywell, Schneider Electric, WIKA Alexander Wiegand, Yokogawa Electric, KROHNE, Emerson, Status Instruments, NOVUS Automation, Lamonde Automation
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Rail-Mount Temperature Transmitters Market Report Segments:
The global Rail-Mount Temperature Transmitters market is segmented on the basis of:
Types
Resistance Temperature Detector, Thermocouples, Resistance-Type Remote Sensor
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
Chemicals and Petrochemical, Oil and Gas, Energy and Power, Food and Beverages, Others
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:
- ABB
- Thermo-Electra
- Endress+Hauser
- Honeywell
- Schneider Electric
- WIKA Alexander Wiegand
- Yokogawa Electric
- KROHNE
- Emerson
- Status Instruments
- NOVUS Automation
- Lamonde Automation
Highlights of The Rail-Mount Temperature Transmitters 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:
- Resistance Temperature Detector
- Thermocouples
- Resistance-Type Remote Sensor
- By Application:
- Chemicals and Petrochemical
- Oil and Gas
- Energy and Power
- Food and Beverages
- Others
- 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 Rail-Mount Temperature Transmitters 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.
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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?
Rail-mount temperature transmitters are used to measure the ambient air temperature at a specific location on a railcar. The sensors are typically installed in strategic locations near the engine or cab, and send real-time data to a receiver located elsewhere on the railcar. This information is then used to monitor and adjust train operations accordingly, such as adjusting locomotive speed or routing around weather conditions that may be hazardous.
Some of the major companies in the rail-mount temperature transmitters market are ABB, Thermo-Electra, Endress+Hauser, Honeywell, Schneider Electric, WIKA Alexander Wiegand, Yokogawa Electric, KROHNE, Emerson, Status Instruments, NOVUS Automation, Lamonde Automation.
The rail-mount temperature transmitters market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rail-Mount Temperature Transmitters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rail-Mount Temperature Transmitters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rail-Mount Temperature Transmitters Market - Supply Chain
4.5. Global Rail-Mount Temperature Transmitters Market Forecast
4.5.1. Rail-Mount Temperature Transmitters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rail-Mount Temperature Transmitters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rail-Mount Temperature Transmitters Market Absolute $ Opportunity
5. Global Rail-Mount Temperature Transmitters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Type
5.3.1. Resistance Temperature Detector
5.3.2. Thermocouples
5.3.3. Resistance-Type Remote Sensor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rail-Mount Temperature Transmitters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Application
6.3.1. Chemicals and Petrochemical
6.3.2. Oil and Gas
6.3.3. Energy and Power
6.3.4. Food and Beverages
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rail-Mount Temperature Transmitters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rail-Mount Temperature Transmitters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rail-Mount Temperature Transmitters Demand Share Forecast, 2019-2029
9. North America Rail-Mount Temperature Transmitters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Application
9.4.1. Chemicals and Petrochemical
9.4.2. Oil and Gas
9.4.3. Energy and Power
9.4.4. Food and Beverages
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Type
9.7.1. Resistance Temperature Detector
9.7.2. Thermocouples
9.7.3. Resistance-Type Remote Sensor
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rail-Mount Temperature Transmitters Demand Share Forecast, 2019-2029
10. Latin America Rail-Mount Temperature Transmitters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Application
10.4.1. Chemicals and Petrochemical
10.4.2. Oil and Gas
10.4.3. Energy and Power
10.4.4. Food and Beverages
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Type
10.7.1. Resistance Temperature Detector
10.7.2. Thermocouples
10.7.3. Resistance-Type Remote Sensor
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rail-Mount Temperature Transmitters Demand Share Forecast, 2019-2029
11. Europe Rail-Mount Temperature Transmitters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Application
11.4.1. Chemicals and Petrochemical
11.4.2. Oil and Gas
11.4.3. Energy and Power
11.4.4. Food and Beverages
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Type
11.7.1. Resistance Temperature Detector
11.7.2. Thermocouples
11.7.3. Resistance-Type Remote Sensor
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rail-Mount Temperature Transmitters Demand Share, 2019-2029
12. Asia Pacific Rail-Mount Temperature Transmitters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Application
12.4.1. Chemicals and Petrochemical
12.4.2. Oil and Gas
12.4.3. Energy and Power
12.4.4. Food and Beverages
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Type
12.7.1. Resistance Temperature Detector
12.7.2. Thermocouples
12.7.3. Resistance-Type Remote Sensor
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rail-Mount Temperature Transmitters Demand Share, 2019-2029
13. Middle East & Africa Rail-Mount Temperature Transmitters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rail-Mount Temperature Transmitters Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Application
13.4.1. Chemicals and Petrochemical
13.4.2. Oil and Gas
13.4.3. Energy and Power
13.4.4. Food and Beverages
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rail-Mount Temperature Transmitters Market Size and Volume Forecast by Type
13.7.1. Resistance Temperature Detector
13.7.2. Thermocouples
13.7.3. Resistance-Type Remote Sensor
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rail-Mount Temperature Transmitters Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Rail-Mount Temperature Transmitters Market: Market Share Analysis
14.2. Rail-Mount Temperature Transmitters Distributors and Customers
14.3. Rail-Mount Temperature Transmitters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Thermo-Electra
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Endress+Hauser
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Honeywell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schneider Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. WIKA Alexander Wiegand
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yokogawa Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KROHNE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Emerson
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Status Instruments
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NOVUS Automation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lamonde Automation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook