The report “Peripheral Equipment Inspection Instruments Market – Market Size and Forecast (2017-2028)” has been added to offer.

The Peripheral Equipment Inspection Instruments market is expected to reach USD 162.96 million in 2020, with a CAGR of 3.6% during the forecast period.

The report also studies the recent Peripheral Equipment Inspection Instruments market dynamics such as opportunities, challenges, driving factors, restraining factors as well as market news like investments, mergers and acquisitions. . It also offers market size, growth rate by types, applications and compiles quantitative and qualitative methods for making micro and macroeconomic forecast in various countries and regions.

Growth opportunities

The advent of globalization has had a strong impact on all modes of transport, including rail transport. There is a need to improve speed, safety and reliability. The future of the rail transport ecosystem must therefore provide solutions to meet demand from source to destination, with high quality services, regardless of the distance traveled or the number of steps taken to reach the destination. .

Globally, all actors in the public and private sectors have recognized the need to improve transport infrastructure. Organizations see the ability of smarter rail transportation to meet this need. These two factors would ultimately fuel the demand for advanced transportation infrastructure and the safety of railways, thereby creating immense growth opportunities for the Peripheral Equipment Inspection Instruments market.

Regional development

The Asia-Pacific Peripheral Equipment Inspection Instruments market was US $ 63.71 million in 2020 and is expected to grow at a CAGR of 4.4% during the forecast period.

The Asia-Pacific region is expected to be a very lucrative market for peripheral equipment inspection instruments due to the substantial expansion of the rail network in the region. There are large conventional rail lines in countries like China, India, and Japan. During the forecast period, these countries are expected to drive the peripheral equipment inspection instrument market in Asia-Pacific.

Europe is the world’s second largest economy in nominal terms. The existence of a large number of market players in the region facilitated the early adoption of technical developments in peripheral equipment inspection instruments. Metro rail networks are one of the largest urban public transport systems in Europe, carrying millions of passengers every day. Europe is home to the world’s oldest underground system, the London Underground. It will be the second fastest growing market during the forecast period.

Competitive landscape

The competitive scenario highlights the performance of large companies operating in this market. This includes detailed profiling of large companies and their competitive benchmarking. Product profiling provides key information, including products / solutions offered, key developments, company performance and strategies adopted in recent years.

Major companies featured in the report include Wayside Inspection Devices, Argos Systems, Trimble Inc, Rti Group, American Equipment Company (Ameco), Nordco, Herzog, and others.

These companies have adopted product development, expansion and merger strategies to consolidate their market position amid intense competition.

Main topics covered:

1 Market summary

2 Market overview

3. Research practice

4 related key data

4.1 Competitive positioning

4.1.1 Product positioning

4.1.2 Regional positioning

4.2 Technological advances

4.3 Major investments over the past five years by global players

4.4 Key Industry Trends in Major Countries

4.4.1 Japan

4.4.2 China

4.4.3 United Kingdom

4.5 Standards and regulations

4.6 Impact of Covid-19 on the Peripheral Equipment Inspection Instruments Market

4.6.1 United States

4.6.2 India

4.6.3 China

4.6.4 Japan

4.6.5 Russia

5 Analysis of impact factors

5.1 Drivers / Restrictions / Opportunities / Challenges

5.1.1 Drivers Increase in congestion due to aging rail infrastructure Increased adoption of IoT and digitization

5.1.2 Constraints High installation cost associated with peripheral equipment inspection instrument

5.1.3 Opportunities Growing need for advanced transport infrastructure

5.1.4 Challenges Integration complexities on legacy systems and networks

5.2 Porter’s five forces model

6 Market development analysis

6.1 Overview

6.2 New Product Development / Product Launch (2015-2020)

6.3 Agreements, partnerships and collaborations (2015-2020)

7 Peripheral Equipment Inspection Instrument Market, By Type

7.1 Presentation

7.2 Trackside structures

7.3 Track inspection

7.4 Inspection of overhead lines

7.5 Other types

8 Peripheral Equipment Inspection Instrument Market, By Railway Type

8.1 Presentation

8.2 Monorail

8.3 Heavy rails

8.4 Metro rails

8.5 High speed train

8.6 Other types of railways

9 Peripheral Equipment Inspection Instruments Market, Regional Analysis

9.1 Presentation

10 company profiles

  • Harsco Company

  • Trimble Inc.

  • Sperry Rail Inc.

  • Wayside inspection device (Wid)

  • International rail technology

  • American Equipment Company (Ameco)

  • Nordco inc.

  • Herzog

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