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A point machine (also known as a point motor, switch machine or switch motor) is a device for operating railway turnouts especially at a distance.
This report contains market size and forecasts of Point Machine in global, including the following market information:
Global Point Machine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Point Machine Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Point Machine companies in 2021 (%)
The global Point Machine market was valued at 1082.5 million in 2021 and is projected to reach US$ 1569.9 million by 2028, at a CAGR of 5.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electro-hydraulic Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Point Machine include Voestalpine Railway Systems, Siemens, Vossloh, Signal Aspects Ltd, KEP, Crompton Greaves Limited (CG), Tianjin Railway Signal Co.(TRSC), Xian Railway Signal and Taiyuan Jingfeng, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Point Machine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Point Machine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Point Machine Market Segment Percentages, by Type, 2021 (%)
Electro-hydraulic
Electric
Global Point Machine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Point Machine Market Segment Percentages, by Application, 2021 (%)
Railway
Subway
High-speed Railway
Tram System
Others
Global Point Machine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Point Machine Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Point Machine revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Point Machine revenues share in global market, 2021 (%)
Key companies Point Machine sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Point Machine sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Voestalpine Railway Systems
Siemens
Vossloh
Signal Aspects Ltd
KEP
Crompton Greaves Limited (CG)
Tianjin Railway Signal Co.(TRSC)
Xian Railway Signal
Taiyuan Jingfeng
Taiwan Kyosan Co.
AZD Praha
Ansaldo STS
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