Los Angeles, CA -- (SBWire) -- 03/27/2019 --Rail Wheel sensors are inductively acting sensors which detect the metal mass of the wheel flange and generate electrical impulses therefrom. Depending on the application a distinction is made between single wheel sensors for rolling stock detection and switching tasks as well as double wheel sensors for direction detection, axle counting and speed measurement.
Currently, there are many producing companies in the world. The main market players are Frauscher Sensor Technology, Siemens, Honeywell, Pintsch Tiefenbach and so on. The production value of Rail Wheel Sensors is about 106713 K USD in 2016.

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Europe is the largest production regions of Rail Wheel Sensors, with a production value market share nearly 46.82% in 2016.

The second place is North America; following Europe with the production value market share over 19.94% in 2016.

Rail Wheel Sensors used for Rail Transport Line and Urban Rail Transit. Report data showed that 71.23% of the Rail Wheel Sensors market demand for Rail Transport Line in 2016.

There are two kinds of Single Wheel Sensor and Double Wheel Sensor. Double Wheel Sensor is important in the Rail Wheel Sensors industry, with a Production market share nearly 64.06% in 2016.

The global Rail Wheel Sensors market is valued at 120 million US$ in 2018 is expected to reach 220 million US$ by the end of 2025, growing at a CAGR of 7.9% during 2019-2025.
This report focuses on Rail Wheel Sensors volume and value at global level, regional level and company level. From a global perspective, this report represents overall Rail Wheel Sensors market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
Frauscher Sensor Technology
Siemens
Honeywell
Pintsch Tiefenbach
Western-Cullen-Hayes Inc.
Fersil
Altpro
Shenzhen Javs Technology
Argenia Railway Technologies Inc.
Anhui Landun Photoelectron
Beijing Railtechcn Technology
Senchuan

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Segment by Regions
North America
Europe
China
Japan

Segment by Type
Single Wheel Sensor
Double Wheel Sensor

Segment by Application
Rail Transport Line
Urban Rail Transit

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