Rail Wheels market

Rail Wheels Market, Global Outlook and Forecast 2023-2029

  • 28 March 2023
  • Manufacturing & Construction
  • 113 Pages
  • Report code : PMR-7618751

  • 4.7 (158)

Rail Wheels Market

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A train wheel or Rail Wheel is a type of wheel specially designed for use on railway tracks. The wheel acts as a rolling component, typically pushed onto an axle and mounted directly on a railway carriage or locomotive, or indirectly on a bogie (in the UK), also called a truck (in North America). The powered wheels under the locomotive are called Driving Wheels. Wheels are initially cast or forged and then heat-treated to have a specific hardness.

Rail Wheels Market aims to provide a comprehensive presentation of the global market for Rail Wheels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rail Wheels. Rail Wheels Market contains market size and forecasts of Rail Wheels in global, including the following market information:

Global Rail Wheels Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Rail Wheels Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Rail Wheels companies in 2022 (%)

The global Rail Wheels market was valued at US$ 3304.8 million in 2022 and is projected to reach US$ 3995.1 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global core rail wheels manufacturers include Interpipe, Nippon Steel corporation, Standard Steel etc.The top 5 companies hold a share about 50%.Asia-Pacific is the largest market, with a share about 45%, followed by Europe and North America with the share about 30% and 15%.In terms of product, freight wagons is the largest segment, with a share about 75%. And in terms of application, the largest application is AM market, followed by OE market.

We surveyed the Rail Wheels 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 Wheels Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Rail Wheels Market Segment Percentages, by Type, 2022 (%)

High Speed

Freight Wagons

Passenger Wagons

Locos

Global Rail Wheels Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Rail Wheels Market Segment Percentages, by Application, 2022 (%)

OE Market

AM Market

Global Rail Wheels Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Rail Wheels Market Segment Percentages, By Region and Country, 2022 (%)

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 Wheels revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Rail Wheels revenues share in global market, 2022 (%)

Key companies Rail Wheels sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Rail Wheels sales share in global market, 2022 (%)

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

Interpipe

Nippon Steel corporation

Standard Steel

OMK Steel

Masteel Group

EVRAZ NTMK

ZHIQI RAILWAY EQUIPMENT

Amsted Rail

Taiyuan Heavy Industry

Bochumer Verein Verkehrstechnik (BVV)

GHH-Bonatrans

Lucchini RS

Datong ABC Castings Company Limited (DACC)

Xinyang Amsted Tonghe Wheels

CAF

Rail Wheels Factory

MWL

Comsteel

Outline of Major Chapters:

Chapter 1: Introduces the definition of Rail Wheels, market overview.

Chapter 2: Global Rail Wheels market size in revenue and volume.

Chapter 3: Detailed analysis of Rail Wheels manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Rail Wheels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Rail Wheels capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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