The Market for Track Geometry Measurement System is expected to grow at a Higher CAGR from 2019 to 2024
The track
geometry measurement system (TGMS) market is expected to be valued
at USD 2.8 billion in 2019 and is likely to reach USD 3.7 billion by 2024, at a
CAGR of 6.00% during the forecast period. The use of track geometry measurement
systems by the companies operating in the railway industry for complying with
various standards and regulations is among the key factors driving the TGMS
market. Moreover,...