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.
This report contains market size and forecasts of Axle Counter Systems in global, including the following market information:
Global Axle Counter Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Axle Counter Systems Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Axle Counter Systems companies in 2021 (%)
The global Axle Counter Systems market was valued at 646.2 million in 2021 and is projected to reach US$ 937.2 million by 2028, at a CAGR of 5.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Rail Side Installation Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Axle Counter Systems include Siemens, Voestalpine, Thales, Frauscher, Alstom, CRCEF, Scheidt & Bachmann, Keanda Electronic Technology and Consen Traffic Technology, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Axle Counter Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Axle Counter Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Axle Counter Systems Market Segment Percentages, by Type, 2021 (%)
Rail Side Installation
On-rail Installation
Global Axle Counter Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Axle Counter Systems Market Segment Percentages, by Application, 2021 (%)
Railway
Urban Rail Transit
Global Axle Counter Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Axle Counter Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Axle Counter Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Axle Counter Systems revenues share in global market, 2021 (%)
Key companies Axle Counter Systems sales in global market, 2017-2022 (Estimated), (Units)
Key companies Axle Counter Systems sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens
Voestalpine
Thales
Frauscher
Alstom
CRCEF
Scheidt & Bachmann
Keanda Electronic Technology
Consen Traffic Technology
PINTSCH GmbH
Splendor Science & Technology
CLEARSY
ALTPRO