The global Axle Counter Systems market was valued at US$ 610 million in 2020 and it is expected to reach US$ 876.3 million by the end of 2027, growing at a CAGR of 5.7% during 2021-2027.
Axle Counter Systems are used in rail yards to detect train cars as they are sorted. Axle counters are placed on the track before each switch and on each track that exits the switch. Rail yard management software uses occupancy data from the axle counters to lock switches and prevent cars from being routed to tracks that are occupied by other cars.
The main manufacturers of Global Axle Counter Systems include Siemens, Voestalpine, Thales, etc. These top three manufacturers hold a market share about 45%. Europe is the leading production region in the world, followed by China. In terms of application, the product is mainly used in railway.
Global Axle Counter Systems Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Axle Counter Systems Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Siemens, Voestalpine, Thales, Frauscher, Alstom, Crcef, Scheidt & Bachmann, Keanda Electronic Technology, Consen Traffic Technology and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Rail Side Installation
- On-rail Installation
Segment by Application
- Urban Rail Transit
Table of Content:
1 Axle Counter Systems Market Overview
2 Axle Counter Systems Market Competition by Manufacturers
3 Axle Counter Systems Retrospective Market Scenario by Region
4 Global Axle Counter Systems Historic Market Analysis by Type
5 Global Axle Counter Systems Historic Market Analysis by Application
6 Key Companies Profiled
7 Axle Counter Systems Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Axle Counter Systems Market Dynamics
10 Global Axle Counter Systems Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.