Track Geometry Measurement System Market Projected to Witness a Double-Digit CAGR During 2021-2026
The growing need for safety and security in railway transportation and the rise in metro lines and railway networks are some key factors propelling industry growth. Numerous accidents and mishaps involving trains have raised concerns across the globe and are prompting governments to digitize the mode of transport to ensure a safer journey. In addition, the rising demand for smart technologies to maintain the operational efficiency of tracks is further augmenting industry growth.