Railway Axles market

Railway Axles Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • Automotive and Transportation
  • 122 Pages
  • Report code : PMR-6807003

  • 4.7 (158)

Railway Axles Market

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An axle is a rod or shaft that rotates the wheels and supports the weight of railway vehicle.

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

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

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

Global top five Railway Axles companies in 2021 (%)

The global Railway Axles market was valued at 846.3 million in 2021 and is projected to reach US$ 1031.8 million by 2028, at a CAGR of 2.9% during the forecast period.

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

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

The global key manufacturers of Railway Axles include Taiyuan Heavy, Nippon Steel, Evraz, Lucchini RS, GHH-Bontrans, Jinxi Axle Company, Rail Wheel Factory, Bochumer Verein Verkehrstechnik (BVV) and Masteel, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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

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

Solid Axles

Hollow Axles

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

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

Freight Wagons

Passenger Wagons

Locos

High Speed

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

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

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

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

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

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

Taiyuan Heavy

Nippon Steel

Evraz

Lucchini RS

GHH-Bontrans

Jinxi Axle Company

Rail Wheel Factory

Bochumer Verein Verkehrstechnik (BVV)

Masteel

Kolowag

Amsted Rail

CAF

Standard Forged Products

MWL

Semco

CRRC Datong

Comsteel

Interpipe

Jiangsu Railteco

Swasap

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