The worldwide electronic treadles market is expected to be worth US$ 209.1 million in 2022 and will surpass US$ 428.3 million by the end of 2032, increasing at a 7.4% CAGR.
Because electronic treadles are commonly employed in railway signalling systems that identify when a train wheel has passed a specific spot, the market for them is expected to rise. The purpose of electronic treadles is to detect the existence of a train and its direction at a specific place on the track and control the train’s function.
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Segmentation of Electronic Treadles Industry Survey
- Electronic Treadles Market by Direction :
- Uni-direction
- Bi-direction
- Electronic Treadles Market by Track Type :
- Broad Gauge
- Narrow Gauge
- Standard Gauge
- Meter Gauge
- Electronic Treadles Market by Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
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Competitive Landscape
The global electronic treadles market is highly competitive and fragmented with the presence of several regional and global manufacturers. New product launches, redevelopments, mergers & acquisitions, partnerships, and collaborations are being adopted by key players in the market.
Along with this, new product development is also adopted as a strategic approach by companies to expand their presence in the market.
For instance:
- Network Rail, in 2021, entered into a contract with Thales to repurpose its tried-and-tested train detection system and replace mechanical treadles at critical track locations.
- Schweizer Electronic, in 2022, reached an important milestone by testing and commissioning its first Xing AWD system based on wheel sensors and axle counters.
Prominent Key Players Of The Electronic Treadles Market Survey Report:
- SNIC RAIL UK
- Henry Williams Ltd
- Altpro
- Schweizer Electronic
- Thales Group
- Network Rail Ltd
- Signal Aspects Ltd
- Unipart Rail
Questionnaire answered in the Electronic Treadles Market report include:
- How the market for Electronic Treadles has grown?
- What is the present and future outlook of the global Electronic Treadles on the basis of region?
- What are the challenges and opportunities for the Electronic Treadles?
- Why the consumption of Electronic Treadles highest in region?
- In which year segment is expected to overtake segment?
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