Rail Wheel Market

Rail Wheels a type of Wheel specially designed for use on rail tracks. The Wheels is on the rails without guidance except for the shape of the tyre in relation to the rail head. Contrary to popular belief, the flanges should not touch the rails. Flanges are only a last resort to prevent the wheels becoming derailed - they're a safety feature. The Wheel tyre is coned and the rail head slightly curved.

Ideally, the Wheel profile should be determined by agreement between the railway infrastructure owner and the rolling stock owner. Of course, it varies from place to place but it is rarely a simple angle. It's usually a carefully calculated compound form. With respect to the rail angle, in the UK for example, it is set at 1 in 20 (1/20 or 0.05). In the US and France it's usually at 1/40. Light rail systems operating over roadways will have special profiles.

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

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

Global Rail Wheel (Railway Wheel) Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Rail Wheel (Railway Wheel) companies in 2021 (%)

The global Rail Wheel (Railway Wheel) market was valued at 3122 million in 2021 and is projected to reach US$ 3588.6 million by 2028, at a CAGR of 2.0% during the forecast period.

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

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

The global key manufacturers of Rail Wheel (Railway Wheel) include NSSMC, Interpipe, OMK Steel, EVRAZ NTMK, Bochumer Verein Verkehrstechnik (BVV), Lucchini RS, Rail Wheel Factory, GHH-Bonatrans and Amsted Rail, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Rail Wheel (Railway Wheel) 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 Wheel (Railway Wheel) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

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

High speed

Freight Wagons

Passenger Wagons

Locos

Global Rail Wheel (Railway Wheel) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

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

OE Market

AM Market

Global Rail Wheel (Railway Wheel) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

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

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

Key companies Rail Wheel (Railway Wheel) sales in global market, 2017-2022 (Estimated), (K Units)

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

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

NSSMC

Interpipe

OMK Steel

EVRAZ NTMK

Bochumer Verein Verkehrstechnik (BVV)

Lucchini RS

Rail Wheel Factory

GHH-Bonatrans

Amsted Rail

CAF

Comsteel

Magang (Group) Holding

Taiyuan Heavy Industry

Datong ABC Castings Company Limited (DACC)

Xinyang Amsted Tonghe Wheels

ZHIQI RAILWAY EQUIPMENT