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Download Free sampleA rail wheel is a type of wheel specially designed for use on rail tracks. A rolling component is typically pressed onto an axle and mounted directly on a rail car or locomotive or indirectly on a bogie, also called a truck. Wheels are cast or forged and are heat-treated to have a specific hardness.
Rail Wheel and Axle Market contains market size and forecasts of Rail Wheel and Axle in global, including the following market information:
Global Rail Wheel and Axle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Rail Wheel and Axle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Rail Wheel and Axle companies in 2021 (%)
The global Rail Wheel and Axle market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Rolled Wheels & Axles for Railways Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Rail Wheel and Axle include GHH-BONATRANS, Lucchini RS, EVRAZ NTMK, GMH-Gruppe, Interpipe, OMK, Amsted Rail, Masteel and NSSMC and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Rail Wheel and Axle 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 and Axle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rail Wheel and Axle Market Segment Percentages, by Type, 2021 (%)
Rolled Wheels & Axles for Railways
Forged Wheels & Axles for Railways
Global Rail Wheel and Axle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rail Wheel and Axle Market Segment Percentages, by Application, 2021 (%)
Unit Trains
Mixed Freight Trains
Intermodal Trains
Global Rail Wheel and Axle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rail Wheel and Axle 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 and Axle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Rail Wheel and Axle revenues share in global market, 2021 (%)
Key companies Rail Wheel and Axle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Rail Wheel and Axle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GHH-BONATRANS
Lucchini RS
EVRAZ NTMK
GMH-Gruppe
Interpipe
OMK
Amsted Rail
Masteel
NSSMC
Kolowag
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