Rail Market

Rail Market is focus on the global rail market. Rail is the most important component of rail track system. The train will run on the parallel rails, carrying passengers and freight. Fixed on the sleepers, rails pass the load of trains to sleepers. Rails generally described and specified by their weight per unit length. The minimum weight per meter of rail required depends on the maximum axle load of the trains that will run on the track. Generally, the heavier the rails and the rest of the track work, the heavier and faster the trains these tracks can carry. Rails represent a substantial fraction of the cost of a railway line. Only a small number of rail sizes are made by steelworks at one time, so a railway must choose the nearest suitable size.

Rail Market contains market size and forecasts of Rail in global, including the following market information:

Global Rail Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Rail Market Sales, 2017-2022, 2023-2028, (Kiloton)

Global top five Rail companies in 2021 (%)

The global Rail market was valued at 821.1 million in 2021 and is projected to reach US$ 1138.9 million by 2028, at a CAGR of 4.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Heavy Rail Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Rail include EVRAZ, ArcelorMittal, Tata Steel, NSSMC, Voestalpine, SAIL, JFE Steel, Mechel and ThyssenKrupp, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Rail 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 Rail Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Rail Market Segment Percentages, by Type, 2021 (%)

Heavy Rail

Light Rail

Global Rail Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Rail Market Segment Percentages, by Application, 2021 (%)

Train Rail

Gantry Crane's Rail

Temporary Transport

Global Rail Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Rail 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 Rail revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Rail revenues share in global market, 2021 (%)

Key companies Rail sales in global market, 2017-2022 (Estimated), (Kiloton)

Key companies Rail sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

EVRAZ

ArcelorMittal

Tata Steel

NSSMC

Voestalpine

SAIL

JFE Steel

Mechel

ThyssenKrupp

Atlantic Track

GFG Alliance

Getzner Werkstoffe

Harmer Steel

RailOne

Ansteel

BaoTou Steel

Hesteel

Wuhan Iron and Steel

Hebei Yongyang

Hangzhou Iron and Steel

Xilin Iron and Steel