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Asia Pacific Track Laying Equipment Market Size, Share & Trends Analysis Report By Application (Heavy Rail and Urban Rail), By Type (New Construction Equipment and Renewal Equipment), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 98 Pages
  • February 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5943181
The Asia Pacific Track Laying Equipment Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030).

The proliferation of high-speed rail projects has contributed significantly to the adoption of specialized track laying equipment. These projects demand precision and advanced technology to support the high-speed operation of trains. Adopting track laying equipment tailored for high-speed rail is essential in meeting these ambitious initiatives' specific requirements and safety standards. It offers operational flexibility, allowing construction and maintenance activities to be carried out in various terrains and environmental conditions. The ability of these machines to adapt to different landscapes enhances their appeal, especially in regions with challenging geography or where railway tracks need to traverse diverse environments.

It is closely linked to the need for freight and passenger transportation capacity expansion. As urbanization accelerates and populations concentrate in urban areas, the demand for efficient and well-connected urban transit systems grows. It becomes essential for expanding railway capacity, ensuring that transportation networks can accommodate the increasing number of passengers and the movement of goods in densely populated regions.

As per the State Council of China, urbanization has accelerated rapidly throughout China in recent years, with the National Bureau of Statistics estimating that the rate increased to 64.72 percent last year. As of the end of 2022, 914 million people were living in cities, an increase of 12.05 million from 2021. Therefore, due to the above-mentioned factors, the market will grow significantly in this region.

The China market dominated the Asia Pacific Track Laying Equipment Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $76,975.1 Thousands by 2030. The Japan market is experiencing a CAGR of 5.4% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 6.7% during (2023 - 2030).

Based on Application, the market is segmented into Heavy Rail and Urban Rail. Based on Type, the market is segmented into New Construction Equipment and Renewal Equipment. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • Plasser & Theurer
  • Larsen & Toubro Limited
  • Techne Kirow GmbH
  • Weihua Group Co., Ltd. (Henan Weihua Heavy Machinery Co., LTD.)
  • Matisa Matériel Industriel S.A.
  • CRRC Corporation Limited
  • Salcef Group S.p.A.
  • Enviri Corporation
  • BEML Limited
  • Vossloh AG

Market Report Segmentation

By Application
  • Heavy Rail
  • Urban Rail
By Type
  • New Construction Equipment
  • Renewal Equipment
By Country
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Track Laying Equipment Market, by Application
1.4.2 Asia Pacific Track Laying Equipment Market, by Type
1.4.3 Asia Pacific Track Laying Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Track Laying Equipment Market, By Application
4.1 Asia Pacific Heavy Rail Market, By Country
4.2 Asia Pacific Urban Rail Market, By Country
Chapter 5. Asia Pacific Track Laying Equipment Market, By Type
5.1 Asia Pacific New Construction Equipment Market, By Country
5.2 Asia Pacific Renewal Equipment Market, By Country
Chapter 6. Asia Pacific Track Laying Equipment Market, By Country
6.1 China Track Laying Equipment Market
6.1.1 China Track Laying Equipment Market, By Application
6.1.2 China Track Laying Equipment Market, By Type
6.2 Japan Track Laying Equipment Market
6.2.1 Japan Track Laying Equipment Market, By Application
6.2.2 Japan Track Laying Equipment Market, By Type
6.3 India Track Laying Equipment Market
6.3.1 India Track Laying Equipment Market, By Application
6.3.2 India Track Laying Equipment Market, By Type
6.4 South Korea Track Laying Equipment Market
6.4.1 South Korea Track Laying Equipment Market, By Application
6.4.2 South Korea Track Laying Equipment Market, By Type
6.5 Singapore Track Laying Equipment Market
6.5.1 Singapore Track Laying Equipment Market, By Application
6.5.2 Singapore Track Laying Equipment Market, By Type
6.6 Malaysia Track Laying Equipment Market
6.6.1 Malaysia Track Laying Equipment Market, By Application
6.6.2 Malaysia Track Laying Equipment Market, By Type
6.7 Rest of Asia Pacific Track Laying Equipment Market
6.7.1 Rest of Asia Pacific Track Laying Equipment Market, By Application
6.7.2 Rest of Asia Pacific Track Laying Equipment Market, By Type
Chapter 7. Company Profiles
7.1 Plasser & Theurer
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Larsen & Toubro Limited.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 Techne Kirow GmbH
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 Weihua Group Co., Ltd. (Henan Weihua Heavy Machinery Co., LTD.)
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Matisa Matériel Industriel S.A.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 CRRC Corporation Limited
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 Salcef Group S.p.A.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 SWOT Analysis
7.8 Enviri Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 BEML Limited
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 SWOT Analysis
7.10. Vossloh AG
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Research & Development Expenses
7.10.4 SWOT Analysis

Companies Mentioned

  • Plasser & Theurer
  • Larsen & Toubro Limited
  • Techne Kirow GmbH
  • Weihua Group Co., Ltd. (Henan Weihua Heavy Machinery Co., LTD.)
  • Matisa Matériel Industriel S.A.
  • CRRC Corporation Limited
  • Salcef Group S.p.A.
  • Enviri Corporation
  • BEML Limited
  • Vossloh AG

Methodology

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