Global Rail Derailment Detection Market 2021-2026

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    GLOBAL RAIL DERAILMENT DETECTION MARKET

     

    INTRODUCTION

    Railways are one of the major forms of transportation facilitating a country’s economy. Governments invest a significant amount of money on efficient working and safety of trains.

    Rail derailment occurs when the train runs off its rails. Most of the derailments are minor, but their occurrence results in potential disruption of rail services and this is hazardous to human health. Some of the causes that result in rail derailment are collision by another object, mechanical failures of the track, any operational error, or mechanical failures in the wheels of the train.

     

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    After the derailment, a train might have to be replaced on the track if no damage is done to the tracks. Normally, when trains derail at speed, tracks are damaged also. Various techniques are then employed to fix the situation. All of these take unnecessary time and money spending. Therefore, it becomes important to have some systems in before preventing rail derailments from an occurrence.

    In this report, we will explore the market characteristics of the Global Rail detection market, key players in the marketplace, and what innovations are taking place to further help the cause.

     

    RAIL DERAILMENT DETECTION MARKET DYNAMICS

    Some of the factors which drive this market are listed below:

    • Concern for safety in railways.
    • Increased governments spending on rail transportation
    • Increased technological advancements.
    • Increased Public-Private Partnerships

    In addition to these factors, high initial investments required may hinder the growth of the market.

    Various new products and innovations have been introduced by key manufacturers and regional startups to prevent derailment. The growing demand for intelligent support systems will further give a push to the market to grow. 

    Governments have specified safer tank standards for tanks containing important and hazardous materials. The pneumatic braking system, installment of sensors on tracks and locomotives to detect any anomaly, use of cloud-based information servers for instant message transfer, improved Ultrasonic devices to detect faults in rails and various other solutions are available in the marketplace to reduce or prevent derailment.

    Arc infrastructure went into partnership with Interfuze, a Perth-based IT consultancy to deliver one-of-a-kind innovations that will allow the company to predict track wash away caused by flooding. This will potentially save a huge chunk of money by preventing derailments. 

    Technologies like optical sensors may also facilitate the growth of the market.

     

    RAIL DERAILMENT DETECTION MARKET SIZE AND FORECAST

    Geographically, the market is divided into major regions such as:

    North America, Latin America, Asia-Pacific, Europe, Middle East, and Africa. 

    The Asia-Pacific region owing to advancements in rail infrastructure and transition to high-speed rail systems provide a promising outlook for the market. Also, countries like China, India, and Japan have invested heavily in railways in recent years. The massive amount of spending on research and development in the railway sector is likely to create opportunities for startups and existing OEMs to innovate and come up with new designs for derailment detectors.

    Europe is the home to various rail and its component manufacturers. The region is likely to observe massive export of derailment components in the forecast period. Also, companies like Siemens and Alstom have been spreading their influence on a global level to capture the market.

    North America consists of developed and technologically advanced countries like the United States and Canada. The demand for derailment detectors is also likely to go up in these countries owing to advanced technologies and safety grounds.

    Covid-19 did disrupt this marketplace in the previous year. Since railway services went down, the demand for derailment devices also declined. However, because of vaccination drives and lockdowns being lifted, the market seems opportunistic in the forecast period. 

     

    COMPETITIVE LANDSCAPE

    Companies have been coming up with innovative solutions to prevent the derailment of trains. Sensors and the use of the Internet of Things to facilitate the process have been adopted by various companies. AccTRANS boasts of developing a sensor, fitted on the outside of the vehicle, which measures the mentioned acceleration, which if exceeds a critical value, the signal sent by the sensor is used to initiate brake application or may apply a temporary speed limit. Such innovations are creating more opportunities in the marketplace.

    Sometimes, a dragging equipment detector is used to detect objects that are struck and are being dragged by trains. The object being dragged hits the equipment installed on a railway track and therefore the detector sends an alert signal to the controller at the time of impact. The equipment helps in avoiding train accidents.

    The company Inteletrack specializes in information, telecommunication, tracking of rolling stock, and real-time train information system (RTIS). The company manufactures Wireless dragging equipment detectors for detecting derailment of wheels. 

    Siemens have their solution, known as Broken Rail Detection (BRD) which is mounted on a rail and validates the health of the rail, identifies any breaks, and accordingly notifies the rail status for the following train. Their product is easy to install and can be operated on various rail-based services. 

    Other small manufacturers have been making their place in the market such as Ametsis. Their product SICODE provides a solution to the derailment and also comes with an anomalous temperature detector. Companies are also looking for solutions of enhanced braking for locomotives containing flammable goods. ECP or Electronically controlled pneumatics braking system has been developed by companies which enable more controlled braking system through responsive and uniform application of brake pressure.

     

    COMPANY PROFILE

    Some of the major companies in the marketplace are listed below:

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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