Global Railway Wheel-Sets Market Growth 2024-2030

Publication ID:

LPI11245943

Publication Date:

November 21, 2024

Pages:

100

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Automotive) [2]

Components [3]

Automotive [4]

Description:

The global Railway Wheel-Sets market size was valued at US$ 3142 million in 2023. With growing demand in downstream market, the Railway Wheel-Sets is forecast to a readjusted size of US$ 4147.5 million by 2030 with a CAGR of 4.0% during review period.
The research report highlights the growth potential of the global Railway Wheel-Sets market. Railway Wheel-Sets are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Railway Wheel-Sets. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Railway Wheel-Sets market.
A wheelset is the wheel鈥揳xle assembly of a railroad car. The frame assembly beneath each end of a car, railcar or locomotive that holds the wheelsets is called the bogie (or truck in North America). Most North American freight cars have two bogies with two or three wheelsets, depending on the type of car; short freight cars generally have no bogies but instead have two wheelsets.
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
Key Features:
The report on Railway Wheel-Sets market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Railway Wheel-Sets market. It may include historical data, market segmentation by Type (e.g., Outboard Bearings Arrangement, Inboard Bearing Arrangement), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Railway Wheel-Sets market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Railway Wheel-Sets market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Railway Wheel-Sets industry. This include advancements in Railway Wheel-Sets technology, Railway Wheel-Sets new entrants, Railway Wheel-Sets new investment, and other innovations that are shaping the future of Railway Wheel-Sets.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Railway Wheel-Sets market. It includes factors influencing customer ' purchasing decisions, preferences for Railway Wheel-Sets product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Railway Wheel-Sets market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Railway Wheel-Sets market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Railway Wheel-Sets market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Railway Wheel-Sets industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Railway Wheel-Sets market.
Market Segmentation:
Railway Wheel-Sets market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Outboard Bearings Arrangement
Inboard Bearing Arrangement
Segmentation by application
OEM
After Market
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
CAF
GHH-BONATRANS
Lucchini RS
Amsted Rail
Kolowag
Mafersa S.A.
Masteel
Taiyuan Heavy Industry
Qingdao TSKY Railway
Key Questions Addressed in this Report
What is the 10-year outlook for the global Railway Wheel-Sets market?
What factors are driving Railway Wheel-Sets market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Railway Wheel-Sets market opportunities vary by end market size?
How does Railway Wheel-Sets break out type, application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Railway Wheel-Sets Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Railway Wheel-Sets by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Railway Wheel-Sets by Country/Region, 2019, 2023 & 2030
2.2 Railway Wheel-Sets Segment by Type
2.2.1 Outboard Bearings Arrangement
2.2.2 Inboard Bearing Arrangement
2.3 Railway Wheel-Sets Sales by Type
2.3.1 Global Railway Wheel-Sets Sales Market Share by Type (2019-2024)
2.3.2 Global Railway Wheel-Sets Revenue and Market Share by Type (2019-2024)
2.3.3 Global Railway Wheel-Sets Sale Price by Type (2019-2024)
2.4 Railway Wheel-Sets Segment by Application
2.4.1 OEM
2.4.2 After Market
2.5 Railway Wheel-Sets Sales by Application
2.5.1 Global Railway Wheel-Sets Sale Market Share by Application (2019-2024)
2.5.2 Global Railway Wheel-Sets Revenue and Market Share by Application (2019-2024)
2.5.3 Global Railway Wheel-Sets Sale Price by Application (2019-2024)
3 Global Railway Wheel-Sets by Company
3.1 Global Railway Wheel-Sets Breakdown Data by Company
3.1.1 Global Railway Wheel-Sets Annual Sales by Company (2019-2024)
3.1.2 Global Railway Wheel-Sets Sales Market Share by Company (2019-2024)
3.2 Global Railway Wheel-Sets Annual Revenue by Company (2019-2024)
3.2.1 Global Railway Wheel-Sets Revenue by Company (2019-2024)
3.2.2 Global Railway Wheel-Sets Revenue Market Share by Company (2019-2024)
3.3 Global Railway Wheel-Sets Sale Price by Company
3.4 Key Manufacturers Railway Wheel-Sets Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Railway Wheel-Sets Product Location Distribution
3.4.2 Players Railway Wheel-Sets Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Railway Wheel-Sets by Geographic Region
4.1 World Historic Railway Wheel-Sets Market Size by Geographic Region (2019-2024)
4.1.1 Global Railway Wheel-Sets Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Railway Wheel-Sets Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Railway Wheel-Sets Market Size by Country/Region (2019-2024)
4.2.1 Global Railway Wheel-Sets Annual Sales by Country/Region (2019-2024)
4.2.2 Global Railway Wheel-Sets Annual Revenue by Country/Region (2019-2024)
4.3 Americas Railway Wheel-Sets Sales Growth
4.4 APAC Railway Wheel-Sets Sales Growth
4.5 Europe Railway Wheel-Sets Sales Growth
4.6 Middle East & Africa Railway Wheel-Sets Sales Growth
5 Americas
5.1 Americas Railway Wheel-Sets Sales by Country
5.1.1 Americas Railway Wheel-Sets Sales by Country (2019-2024)
5.1.2 Americas Railway Wheel-Sets Revenue by Country (2019-2024)
5.2 Americas Railway Wheel-Sets Sales by Type
5.3 Americas Railway Wheel-Sets Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Railway Wheel-Sets Sales by Region
6.1.1 APAC Railway Wheel-Sets Sales by Region (2019-2024)
6.1.2 APAC Railway Wheel-Sets Revenue by Region (2019-2024)
6.2 APAC Railway Wheel-Sets Sales by Type
6.3 APAC Railway Wheel-Sets Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Railway Wheel-Sets by Country
7.1.1 Europe Railway Wheel-Sets Sales by Country (2019-2024)
7.1.2 Europe Railway Wheel-Sets Revenue by Country (2019-2024)
7.2 Europe Railway Wheel-Sets Sales by Type
7.3 Europe Railway Wheel-Sets Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Railway Wheel-Sets by Country
8.1.1 Middle East & Africa Railway Wheel-Sets Sales by Country (2019-2024)
8.1.2 Middle East & Africa Railway Wheel-Sets Revenue by Country (2019-2024)
8.2 Middle East & Africa Railway Wheel-Sets Sales by Type
8.3 Middle East & Africa Railway Wheel-Sets Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Railway Wheel-Sets
10.3 Manufacturing Process Analysis of Railway Wheel-Sets
10.4 Industry Chain Structure of Railway Wheel-Sets
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Railway Wheel-Sets Distributors
11.3 Railway Wheel-Sets Customer
12 World Forecast Review for Railway Wheel-Sets by Geographic Region
12.1 Global Railway Wheel-Sets Market Size Forecast by Region
12.1.1 Global Railway Wheel-Sets Forecast by Region (2025-2030)
12.1.2 Global Railway Wheel-Sets Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Railway Wheel-Sets Forecast by Type
12.7 Global Railway Wheel-Sets Forecast by Application
13 Key Players Analysis
13.1 CAF
13.1.1 CAF Company Information
13.1.2 CAF Railway Wheel-Sets Product Portfolios and Specifications
13.1.3 CAF Railway Wheel-Sets Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 CAF Main Business Overview
13.1.5 CAF Latest Developments
13.2 GHH-BONATRANS
13.2.1 GHH-BONATRANS Company Information
13.2.2 GHH-BONATRANS Railway Wheel-Sets Product Portfolios and Specifications
13.2.3 GHH-BONATRANS Railway Wheel-Sets Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 GHH-BONATRANS Main Business Overview
13.2.5 GHH-BONATRANS Latest Developments
13.3 Lucchini RS
13.3.1 Lucchini RS Company Information
13.3.2 Lucchini RS Railway Wheel-Sets Product Portfolios and Specifications
13.3.3 Lucchini RS Railway Wheel-Sets Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Lucchini RS Main Business Overview
13.3.5 Lucchini RS Latest Developments
13.4 Amsted Rail
13.4.1 Amsted Rail Company Information
13.4.2 Amsted Rail Railway Wheel-Sets Product Portfolios and Specifications
13.4.3 Amsted Rail Railway Wheel-Sets Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Amsted Rail Main Business Overview
13.4.5 Amsted Rail Latest Developments
13.5 Kolowag
13.5.1 Kolowag Company Information
13.5.2 Kolowag Railway Wheel-Sets Product Portfolios and Specifications
13.5.3 Kolowag Railway Wheel-Sets Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Kolowag Main Business Overview
13.5.5 Kolowag Latest Developments
13.6 Mafersa S.A.
13.6.1 Mafersa S.A. Company Information
13.6.2 Mafersa S.A. Railway Wheel-Sets Product Portfolios and Specifications
13.6.3 Mafersa S.A. Railway Wheel-Sets Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Mafersa S.A. Main Business Overview
13.6.5 Mafersa S.A. Latest Developments
13.7 Masteel
13.7.1 Masteel Company Information
13.7.2 Masteel Railway Wheel-Sets Product Portfolios and Specifications
13.7.3 Masteel Railway Wheel-Sets Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Masteel Main Business Overview
13.7.5 Masteel Latest Developments
13.8 Taiyuan Heavy Industry
13.8.1 Taiyuan Heavy Industry Company Information
13.8.2 Taiyuan Heavy Industry Railway Wheel-Sets Product Portfolios and Specifications
13.8.3 Taiyuan Heavy Industry Railway Wheel-Sets Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Taiyuan Heavy Industry Main Business Overview
13.8.5 Taiyuan Heavy Industry Latest Developments
13.9 Qingdao TSKY Railway
13.9.1 Qingdao TSKY Railway Company Information
13.9.2 Qingdao TSKY Railway Railway Wheel-Sets Product Portfolios and Specifications
13.9.3 Qingdao TSKY Railway Railway Wheel-Sets Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Qingdao TSKY Railway Main Business Overview
13.9.5 Qingdao TSKY Railway Latest Developments
14 Research Findings and Conclusion

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