The global Point Machine market was valued at US$ 1082.5 million in 2022 and is projected to reach US$ 1569.9 million by 2029, at a CAGR of 5.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
Point Machine Market aims to provide a comprehensive presentation of the global market for Point Machine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Point Machine. Point Machine Market contains market size and forecasts of Point Machine in global, including the following market information:
- Global Point Machine Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Point Machine Market Sales, 2018-2023, 2024-2029, (Units)
- Global top five Point Machine companies in 2022 (%)
The main global Point Machine players include Voestalpine Railway Systems, Siemens, Vossloh, Alstom, Kyosan Electric, etc. The top five Point Machine players account for approximately 31% of the total global market. Asia Pacific is the largest consumer market for Point Machine, accounting for about 73%, followed by Europe and North America. In terms of type, Electric is the largest segment, with a share over 61%. And in terms of application, the largest application is Railway, followed by High-speed Railway.
We 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, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Point Machine Market Segment Percentages, by Type, 2022 (%)
- Electric Point Machine
- Electro-hydraulic Point Machine
Global Point Machine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Point Machine Market Segment Percentages, by Application, 2022 (%)
- Railway
- Subway
- High-speed Railway
- Tram System
Global Point Machine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Point Machine Market Segment Percentages, By Region and Country, 2022 (%)
- 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, 2018-2023 (Estimated), ($ millions)
- Key companies Point Machine revenues share in global market, 2022 (%)
- Key companies Point Machine sales in global market, 2018-2023 (Estimated), (Units)
- Key companies Point Machine sales share in global market, 2022 (%)
key players include:
- Voestalpine Railway Systems
- Siemens
- Vossloh
- Alstom
- Kyosan Electric
- Hitachi Rail STS
- Thales
- CG Power
- AZD Praha
- VRS Railway Industr BV
- Taiyuan Jingfeng
- CRSC
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Point Machine, market overview.
- Chapter 2: Global Point Machine market size in revenue and volume.
- Chapter 3: Detailed analysis of Point Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Point Machine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Point Machine capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.