PUNE, India, November 15, 2016 /PRNewswire/ -- The report "Track Geometry Measurement System Market by Measurement Type (Gauge, Twist, Vertical Profile), Operation Type (No Contact & Contact Based), Railway Type (High Speed, Mass Transit, Heavy Haul, Light), Component, and Geography - Global Forecast to 2022", published by MarketsandMarkets, is expected be valued at USD 3.51 Billion by 2022, at a CAGR of 7.88% between 2016 and 2022. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 69 market data Tables and 67 Figures spread through 149 Pages and in-depth TOC on"Track Geometry Measurement System Market"http://www.marketsandmarkets.com/Market-Reports/track-geometry-measurement-system-market-31376329.htmlEarly buyers will receive 10% customization on this report. The growth of this market is driven by the factors such as increasing need for safety and security in railway transport and growing railway networks and metro lines. High-speed railways to lead the overall market The market for high-speed railways is expected to hold the largest share of the overall market and projected to grow at the highest CAGR between 2016 and 2022. These rails are mostly intended for passenger travel and are considered as one of the safest modes of transportation. The high-speed railway projects have been progressing rapidly worldwide in recent years, creating opportunities for the TGMS market. This is proven to be an efficient transportation mode and stimulate further economic growth by connecting major cities. The market for gauge measurement systems held the largest share in 2015 The gauge measurement type has a major foothold in the track geometry measurement system market. Track gauges actually vary by country and sometimes within countries as well. Gauge measurement is a basic and key parameter for track geometry measurement to avoid derailment as it decides which rolling stock is compatible with a particular track gauge. The extensive use of gauge measurement system to check this compatibility makes it the largest segment.