Track Geometry Measurement Systems Market Analysis: Trends, Growth Factors, and Revenue Projections
Market Overview
The global track geometry measurement system market was valued at USD 3.47 billion in 2023 and is expected to grow at a CAGR of 5.2% during the forecast period.
Increasing railway traffic and the expansion of high-speed rail networks have heightened the need for advanced track monitoring solutions. TGMS enable real-time monitoring of track alignment, gauge, cant,...
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