Allied Market Research
Loading...
0
New
New
2021
North America Railway Automated Inspection Equipment Market

North America Railway Automated Inspection Equipment Market by Inspection System (Track Geometry Measurement System, Rail Profile Measurement System, Third-rail measurement system, and Others), Offering (Solution or Equipment, and Services), and Inspection Vehicle (Self-propelled Vehicle, Towed Coaches, and Hi-rail Vehicles): Opportunity Analysis and Industry Forecast, 2020–2027

A11320
Pages: 128
May 2021 | 1165 Views
   
Author(s) : Omkar Bachal , Sonia Mutreja
Tables: 61
Charts: 22
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the North America Railway Automated Inspection Equipment Market

Request Now !

North America Railway Automated Inspection Equipment Market Statistics 2027 -

The North America railway automated inspection equipment market was valued at $643.6 million in 2019, and is projected to reach $831.6 million by 2027, registering a CAGR of 4.9%.

The overall production activities of railway automated inspection equipment market participants have declined, owing to operations with limited workforce capacity, raw material availability and inadequate health safety measures. However, In North America, infrastructure developments planned in the rail industry front for the year 2021 are anticipated to support the growth of the railway automated inspection equipment market. This positive demand outlook for the market is estimated to witness positive growth and the market is expected to witness strong recovery in 2021. Market participants of railway automated inspection equipment are following certain approaches to manage the operations by slashed budgets, extended equipment lifecycles, decreased staff sizes, and reduced salaries in the short term to overcome the financial downturn.

Railway automated inspection equipment is a specialized rail track inspection equipment operated by the trained operator to collect and analyze the railroad inspection data points. This equipment is majorly installed line-fitted or retro-fitted on the special track inspection vehicles to perform rail inspection activities. 

North-America-Railway-Automated-Inspection-Equipment-Market

Get more information on this report : Request Sample Pages

This equipment has integration of high-end technology to gather and process the collected track inspection data with the cost as well as time effectiveness. In North America, the private railways of the U.S., Mexico, and Canada are vertically integrated companies, competing with other private companies across large areas of land and large markets. These railway operators open the contracts for maintenance activities on periodic basis for effective rail transportation activities.

Factors, such as increase in demand for passenger and freight capacity and rise in number of railway projects across North America, are expected to drive the growth of the railway automated inspection equipment market. In addition, increase in concern for railroad inspection and maintenance activities is anticipated to act as a key driver of the market. However, factors, such as growing penetration of autonomous inspection technology and requirement for skilled workforce to operate the inspection equipment, restrain the market growth. On the contrary, entering into strategic partnership with rail operators to gain competitive advantage and technological innovation at railway transportation front are projected to offer lucrative growth opportunity for the market players.

The North America railway automated inspection equipment market is segmented on the basis of inspection system, offering, inspection vehicle, and country. Inspection system is divided into track geometry measurement system, rail profile measurement system, third-rail measurement system, and others. Depending on offering, the market is categorized into solution or equipment and services. On the basis of inspection vehicle, it is classified into self-propelled vehicle, towed coaches, hi-rail vehicles. Country-wise, the market is analyzed across the U.S., Canada, and Mexico.

The key players operating in the North America railway automated inspection equipment market are Ensco, Inc., Geismar Corporation, Harsco Corporation, Holland LP, Loram Maintenance of Way, Inc., MER MEC S.p.A., Nordco, Inc., Pavemetrics, Plasser & Theurer, Sperry Rail Inc., and others.

Increase in demand for passenger and freight capacity

The railway industry has witnessed significant growth in passenger ridership as compared to other public transit, owing to its fare frequency and overall commute time. According to Organization for Economic Cooperation and Development (OECD), passenger transport by rail for million passenger-kilometers has witnessed steady growth over the past decade. According to the similar source, the U.S. registered 23,490 million passenger–kilometers in 1998, which attained 32,483 million passenger-kilometers in 2019. Mexico registered 460 million passenger–kilometers in 1998, which attained 1,571 million passenger-kilometers in 2019. Moreover, Canada registered 1,469 million passenger-kilometers in 1998, which reached 1,685 million passenger-kilometers in 2018. 

Moreover, in 2019, the U.S. witnessed around 60% increase in rail ridership since 1997, and is expected to continue the same trend in the near future. Rail transit in the U.S. is holding around 48% of the total public transit. Railway has witnessed a significant rise in ridership, and is expected to continue in the coming years. Therefore, increase in ridership is expected to create demand for cost-effective and operational efficient rail solutions. For seamless operations of the rail transportation system, railways are needed to be inspected at priority for ensuring operational efficiency. Increasing passenger density and growing fright capacity are expected to create the requirement for optimum operation of the rail transportation system, which, in turn, supports the growth of the railway automated inspection equipment market in the coming years.

North America Railway Automated Inspection Equipment Market
By Inspection System

Your browser does not support the canvas element.

Rail Profile Measurement System Segment is projected as the most lucrative segment

Get more information on this report : Request Sample Pages

Increase in concern for railroad inspection and maintenance activities

Railway inspection and maintenance equipment is used in the railway industry for track inspection, maintenance, repair, and ballast cleaning. This equipment is used in railroad inspection applications, owing to features such as ensuring safety, saving time, maximizing the speed of travel, and improving the performance of railway track. Inspection activities are always in-line to the future footsteps for maintenance and repair activities for ensuring optimum performance level of the railroad tracks to avoid accidents and railway asset losses. Changing mobility outlook across 

North American countries and trade logistics requirement imposing the demand for highly efficient rail road transportation create the requirement for railroad transportation and maintenance activities across the region. In addition, governments of several countries in North America are introducing revised track inspection standards to improve the operational efficiency of railway activities. For instance, in August, 2020, the U.S. Department of Transportation’s (DoT’s) Federal Railroad Administration (FRA) submitted to the federal register a final rule stating the use of ultrasonic inspection technology allowing for railroads, which improved with GPS technology to perform continuous rail testing activities. 

These updated regulations make easier activities for frequent railroad testing and identify the rail line issues before the railroad degrade to improve safety. This utilization of continuous rail testing involves rail inspection vehicles to internally examine rail without stopping. Increasing usage of ultrasonic inspection technology is expected to support the growth of the railway automated inspection equipment market in the coming years.

North America Railway Automated Inspection Equipment Market
By Offering

Your browser does not support the canvas element.

Services segment is projected as the most lucrative segments

Get more information on this report : Request Sample Pages

Technological innovation at railway transportation front 

Companies dealing in railway automated inspection equipment are adopting high-end technologies, such as GPS, several data gathering and processing software, and others, in their products. These railway automated inspection equipment are technologically advanced as compared to old railway inspection machinery products. The changing inspection frequency of railroad and requirement for minimizing the inspection time duration along with error-free inspection activities create the requirement for high-end technology enabled equipment. 

To cater to the changing requirement of the end users and attaining the rail road inspection and maintenance standards set by the authorities, market participants are continuously upgrading the product offerings. For Instance, in September, 2019, Holland LP launched a new gage inspector at railway interchange in 2019. It offers real-time gauge measurement and usable under any conventional hi-rail vehicle. Further, this product offers hang-on geometry systems for fulfilling track testing needs.

North America Railway Automated Inspection Equipment Market
By Inspection Vehicle

Your browser does not support the canvas element.

Hi-rail Vehicles segment is projected as the most lucrative segments

Get more information on this report : Request Sample Pages

COVID-19 impact analysis

The major impact is experienced by public mobility as people are suggested to stay at home and prefer work from home wherever possible. From March 2020, public transport in majority of the big cities in North America has been completely or partially shut. Restriction on public mobility has been lifted partially since June 2020; however, major cities in North America are experiencing 70% to 90% reduction in public transportation ridership. This massive downfall impacted the public transportation provider’s revenue generation while some transport applications need support from the federal government to regularize their services. In addition, the second wave of COVID-19 hit in February 2021 to majority of the countries across the globe. This second wave has a savior impact on the overall economic activities as this strain spreads rapidly than the first wave of COVID-19, thereby creating a health crisis. This second wave limits the demand from consumers due to lower consumer confidence. Moreover, rail passenger has decreased significantly from March 2020 due to commute restrictions across the North America region. However, only essential goods movement was taking place through rail transport. This downfall in overall rail transportation activities was attributed to the significant impact of COVID-19, which affected the railway automated inspection equipment market in 2020.

North America Railway Automated Inspection Equipment Market
By Country

2027
U.s. 
Canada
Mexico

U.S. would exhibit the highest CAGR of 5.2% during 2020-2027.

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • This study presents the analytical depiction of the North America railway automated inspection equipment market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The North America railway automated inspection equipment market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.
  • The current North America railway automated inspection equipment market is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Inspection System

  • Track Geometry Measurement System
  • Rail Profile Measurement System
  • Third-rail Measurement System
  • Others 

By Offering

  • Solution or Equipment
  • Services

By Inspection Vehicle

  • Self-propelled Vehicle
  • Towed Coaches
  • Hi-rail Vehicles

By Country

  • U.S.
  • Canada
  • Mexico

KEY PLAYERS

  • Ensco, Inc.
  • Geismar Corporation
  • Harsco Corporation
  • Holland LP
  • Loram Maintenance of Way, Inc.
  • MER MEC S.p.A.
  • Nordco, Inc.
  • Pavemetrics
  • Plasser & Theurer
  • Sperry Rail Inc.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Market share analysis, 2020
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in demand for passenger and freight capacity
3.5.1.2.Increase in number of railway projects across North America
3.5.1.3.Increase in concern for railroad inspection and maintenance activities

3.5.2.Restraints

3.5.2.1.Growing penetration of autonomous inspection technology
3.5.2.2.Requirement for skilled workforce to operate the inspection equipment

3.5.3.Opportunities

3.5.3.1.Entering into strategic partnership with rail operators to gain competitive advantage
3.5.3.2.Technological innovation at railway transportation front

3.6.COVID-19 impact analysis

3.6.1.Evolution of outbreaks
3.6.2.Macro-economic impact analysis
3.6.3.Micro-economic impact analysis
3.6.4.Impact on industry analysis

3.7.Inspection tools analysis

3.7.1.Portable track loading fixture (PTLF)
3.7.2.Digital track notebook 3.0 (DTN)

CHAPTER 4:NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY INSPECTION SYSTEM

4.1.Overview
4.2.Track geometry measurement system

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by country

4.3.Rail profile measurement system

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by country

4.4.Third-rail measurement system

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by country

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by country

CHAPTER 5:NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY OFFERING

5.1.Overview
5.2.Solution or equipment

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by country

5.3.Services

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by country

CHAPTER 6:NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY INSPECTION VEHICLE

6.1.Overview
6.2.Self-propelled vehicle

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by country

6.3.Towed coaches

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by country

6.4.Hi-rail vehicles

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by country

CHAPTER 7:NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY COUNTRY

7.1.Overview
7.2.U.S.

7.2.1.Market size and forecast, by inspection system
7.2.2.Market size and forecast, by offering
7.2.3.Market size and forecast, by inspection vehicle

7.3.Canada

7.3.1.Market size and forecast, by inspection system
7.3.2.Market size and forecast, by offering
7.3.3.Market size and forecast, by inspection vehicle

7.4.Mexico

7.4.1.Market size and forecast, by inspection system
7.4.2.Market size and forecast, by offering
7.4.3.Market size and forecast, by inspection vehicle

CHAPTER 8:COMPANY PROFILES

8.1.ENSCO, INC.

8.1.1.Company overview
8.1.2.Key executives
8.1.3.Company snapshot
8.1.4.Product portfolio
8.1.5.Key strategic moves and developments

8.2.GEISMAR CORPORATION

8.2.1.Company overview
8.2.2.Key executives
8.2.3.Company snapshot
8.2.4.Product portfolio
8.2.5.Key strategic moves and developments

8.3.HARSCO CORPORATION

8.3.1.Company overview
8.3.2.Key executives
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.R&D expenditure
8.3.7.Business performance

8.4.HOLLAND LP

8.4.1.Company overview
8.4.2.Key executives
8.4.3.Company snapshot
8.4.4.Product portfolio
8.4.5.Key strategic moves and developments

8.5.LORAM MAINTENANCE OF WAY, INC.

8.5.1.Company overview
8.5.2.Key executives
8.5.3.Company snapshot
8.5.4.Product portfolio
8.5.5.Key strategic moves and developments

8.6.MER MEC S.P.A.

8.6.1.Company overview
8.6.2.Key executives
8.6.3.Company snapshot
8.6.4.Product portfolio
8.6.5.Key strategic moves and developments

8.7.NORDCO, INC.

8.7.1.Company overview
8.7.2.Key executives
8.7.3.Company snapshot
8.7.4.Product portfolio

8.8.PAVEMETRICS

8.8.1.Company overview
8.8.2.Key executives
8.8.3.Company snapshot
8.8.4.Product portfolio

8.9.PLASSER & THEURER

8.9.1.Company overview
8.9.2.Key executives
8.9.3.Company snapshot
8.9.4.Product portfolio

8.10.SPERRY RAIL INC.

8.10.1.Company overview
8.10.2.Key executives
8.10.3.Company snapshot

LIST OF TABLES

TABLE 01.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY INSPECTION SYSTEM, 2015-2027 ($MILLION)
TABLE 02.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET REVENUE FOR TRACK GEOMETRY MEASUREMENT SYSTEM, BY COUNTRY, 2015-2027 ($MILLION)
TABLE 03.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET REVENUE FOR RAIL PROFILE MEASUREMENT SYSTEM, BY COUNTRY, 2015-2027 ($MILLION)
TABLE 04.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET REVENUE FOR THIRD-RAIL MEASUREMENT SYSTEM, BY COUNTRY, 2015-2027 ($MILLION)
TABLE 05.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET REVENUE FOR OTHERS, BY COUNTRY,  2015-2027 ($MILLION)
TABLE 06.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY OFFERING, 2015-2027 ($MILLION)
TABLE 07.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET REVENUE FOR SOLUTION OR EQUIPMENT, BY COUNTRY, 2015-2027 ($MILLION)
TABLE 08.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET REVENUE FOR SOLUTION OR EQUIPMENT, BY INSPECTION SYSTEM, 2015-2027 ($MILLION)
TABLE 09.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET REVENUE FOR SERVICES, BY COUNTRY,  2015-2027 ($MILLION)
TABLE 10.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET REVENUE FOR SERVICES, BY INSPECTION SYSTEM, 2015-2027 ($MILLION)
TABLE 11.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY INSPECTION VEHICLE, 2015-2027 ($MILLION)
TABLE 12.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET REVENUE FOR SELF-PROPELLED VEHICLE, BY COUNTRY, 2015-2027 ($MILLION)
TABLE 13.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET REVENUE FOR TOWED COACHES, BY COUNTRY, 2015-2027 ($MILLION)
TABLE 14.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET REVENUE FOR HI-RAIL VEHICLES, BY COUNTRY, 2015-2027 ($MILLION)
TABLE 15.U.S. RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY INSPECTION SYSTEM, 2015–2027 ($MILLION)
TABLE 16.U.S. RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY OFFERING, 2015–2027 ($MILLION)
TABLE 17.U.S. RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET FOR SOLUTION OR EQUIPMENT BY INSPECTION SYSTEM, 2015–2027 ($MILLION)
TABLE 18.U.S. RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET FOR SERVICES BY INSPECTION SYSTEM, 2015–2027 ($MILLION)
TABLE 19.U.S. RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY INSPECTION VEHICLE, 2015–2027 ($MILLION)
TABLE 20.CANADA. RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY INSPECTION SYSTEM, 2015–2027 ($MILLION)
TABLE 21.CANADA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY OFFERING, 2015–2027 ($MILLION)
TABLE 22.CANADA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET FOR SOLUTION OR EQUIPMENT BY INSPECTION SYSTEM, 2015–2027 ($MILLION)
TABLE 23.CANADA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET FOR SERVICES BY INSPECTION SYSTEM, 2015–2027 ($MILLION)
TABLE 24.CANADA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY INSPECTION VEHICLE, 2015–2027 ($MILLION)
TABLE 25.MEXICO RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY INSPECTION SYSTEM, 2015–2027 ($MILLION)
TABLE 26.MEXICO RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY OFFERING, 2015–2027 ($MILLION)
TABLE 27.MEXICO RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET FOR SOLUTION OR EQUIPMENT BY INSPECTION SYSTEM, 2015–2027 ($MILLION)
TABLE 28.MEXICO RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET FOR SERVICES BY INSPECTION SYSTEM, 2015–2027 ($MILLION)
TABLE 29.MEXICO RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY INSPECTION VEHICLE, 2015–2027 ($MILLION)
TABLE 30.ENSCO, INC.: KEY EXECUTIVES
TABLE 31.ENSCO, INC.: COMPANY SNAPSHOT
TABLE 32.ENSCO, INC.: PRODUCT PORTFOLIO
TABLE 33.GEISMAR CORPORATION: KEY EXECUTIVE
TABLE 34.GEISMAR CORPORATION: COMPANY SNAPSHOT
TABLE 35.GEISMAR CORPORATION: PRODUCT PORTFOLIO
TABLE 36.HARSCO CORPORATION: KEY EXECUTIVES
TABLE 37.HARSCO CORPORATION: COMPANY SNAPSHOT
TABLE 38.HARSCO CORPORATION: OPERATING SEGMENTS
TABLE 39.HARSCO CORPORATION: PRODUCT PORTFOLIO
TABLE 40.HARSCO CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 41.HARSCO CORPORATION: NET SALES, 2018–2020 ($MILLION)
TABLE 42.HOLLAND LP: KEY EXECUTIVES
TABLE 43.HOLLAND LP: COMPANY SNAPSHOT
TABLE 44.HOLLAND LP: PRODUCT PORTFOLIO
TABLE 45.LORAM MAINTENANCE OF WAY, INC.: KEY EXECUTIVES
TABLE 46.LORAM MAINTENANCE OF WAY, INC.: COMPANY SNAPSHOT
TABLE 47.LORAM MAINTENANCE OF WAY, INC.: PRODUCT PORTFOLIO
TABLE 48.MER MEC S.P.A.: KEY EXECUTIVES
TABLE 49.MER MEC S.P.A.: COMPANY SNAPSHOT
TABLE 50.MER MEC S.P.A.: PRODUCT PORTFOLIO
TABLE 51.NORDCO, INC.: KEY EXECUTIVES
TABLE 52.NORDCO, INC.: COMPANY SNAPSHOT
TABLE 53.NORDCO, INC.: PRODUCT PORTFOLIO
TABLE 54.PAVEMETRICS: KEY EXECUTIVES
TABLE 55.PAVEMETRICS: COMPANY SNAPSHOT
TABLE 56.PAVEMETRICS: PRODUCT PORTFOLIO
TABLE 57.PLASSER & THEURER: KEY EXECUTIVES
TABLE 58.PLASSER & THEURER: COMPANY SNAPSHOT
TABLE 59.PLASSER & THEURER: PRODUCT PORTFOLIO
TABLE 60.SPERRY RAIL INC.: KEY EXECUTIVES
TABLE 61.SPERRY RAIL INC.: COMPANY SNAPSHOT

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY SNAPSHOT
FIGURE 03.EXECUTIVE SUMMARY SNAPSHOT
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 07.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021*
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11.MODERATE THREAT OF SUBSTITUTES
FIGURE 12.HIGH-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13.MODERATE BARGAINING POWER OF BUYERS
FIGURE 14.MARKET SHARE ANALYSIS,2020
FIGURE 15.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET SHARE, BY INSPECTION SYSTEM, 2015–2027 (%)
FIGURE 16.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET SHARE, BY OFFERING,  2019–2027 (%)
FIGURE 17.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET SHARE, BY INSPECTION VEHICLE, 2015–2027 (%)
FIGURE 18.NORTH AMERICA RAILWAY AUTOMATED INSPECTION EQUIPMENT MARKET, BY COUNTRY, 2015-2027 (%)
FIGURE 19.HARSCO CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 20.HARSCO CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 21.HARSCO CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 22.HARSCO CORPORATION: REVENUE SHARE BY REGION, 2020 (%)

 
 

North America railway automated inspection equipment market is expected to grow at a remarkable rate in the near future, owing to growing number of rail road expansion projects in North America, adoption of high-end technologies in rail inspection activities, and changing rail transportation outlook in North America. The U.S. is a leader in the North America market, owing to its rail maintenance standards and rail lines network across the country. Moreover, the U.S. maintain its dominance in the market during the forecast period along with significant growth rate due to upcoming rail line expansion project in the country along with stringent regulations for railroad quality and safety.

The North America railway automated inspection equipment market is a fairly consolidated market in which countable market participants are operating in the region. Numerous developments have been carried out by top companies, such as Ensco, Inc., Geismar Corporation, Holland LP, Loram Maintenance of Way, Inc., MER MEC S.p.A., and others, which have supplemented the growth of the North America railway automated inspection equipment market. 

The impacts of COVID-19 significantly affected the North America railway automated inspection equipment market in 2020. Furthermore, the market witnessed negative growth or significant downfall in 2020. However, in 2021, rail operators are planning to do modernization and railway maintenance of the existing railway infrastructure, which is expected to spur the demand for railway automated inspection equipment and witness recovery in the market.
 

PURCHASE OPTIONS

Start reading instantly ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Sample

OR

Purchase Full Report of
North America Railway Automated Inspection Equipment Market

Start reading instantly.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $2,471
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $2,746
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $4,239
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $4,612
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $7,432
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers