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Rail Wheel And Axle Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031- (By Derivatives Coverage, Geographic Coverage and By Company)- Product Image
Rail Wheel And Axle Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031- (By Derivatives Coverage, Geographic Coverage and By Company)- Product Image
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Rail Wheel And Axle Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031- (By Derivatives Coverage, Geographic Coverage and By Company)

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    Report

  • 331 Pages
  • October 2024
  • Region: Global
  • Fairfield Market Research
  • ID: 6012713
Description Jump to:
The publisher offers an insightful analysis of the global rail wheel and axle market, indicating a robust growth trajectory over the next decade. The Rail Wheel And Axle Market is poised for significant growth, with a projected market value of USD 4.32 billion in 2024, expected to surge to USD 6.36 billion by 2031, driven by a robust CAGR of 5.70%. This growth is driven by rapid urbanization, rising middle class mobility, and significant government investments in rail infrastructure across various countries.

Rapid Development in Railway Infrastructure

Globally, the railway network is expanding significantly. For example, in India, the Ministry of Railways and Urban Development has embarked on smart city initiatives, integrating large-scale transportation projects like bullet trains and high-speed trains to enhance public transport systems. Such initiatives are not unique to India; numerous countries are deploying substantial resources to develop and expand their rail networks. This burgeoning rail infrastructure is a critical factor propelling the rail wheel and axle industry forward.

In East Asia, countries like China, Japan, and South Korea are aggressively developing their railway systems. China, in particular, is leading with extensive ongoing projects, such as the Sichuan-Xizang Railway, under its national development plans. These efforts underscore the region's dominant position in the global market, with East Asia expected to hold a significant market share.

Market Dynamics from Recent Years

The global market for rail wheels and axles has witnessed a moderate growth rate recently, influenced by trends such as increased emphasis on sustainability, technological advancements, and the rising need for maintenance and repair services. The push towards more environmentally friendly products and digitalization is shaping the market dynamics, enhancing operational efficiencies through advanced materials and smart technologies.

Companies are strategically acquiring local players to broaden their product offerings and geographic reach. They are also harnessing digital tools to streamline operations and integrate rail services more effectively with other transport modes, making rail options more accessible and appealing.

Supporting Factors for Market Growth

The substantial investment by governments in rail infrastructure is a pivotal element driving the market. By focusing on large-scale infrastructural projects like high-speed and bullet trains, governments aim to boost the efficiency and capacity of passenger transportation. Such investments are complemented by advancements in train technologies and the trend towards autonomous train operations, encouraging manufacturers to invest in research and development for innovative solutions.

Trends Impacting Market Growth

The adoption of lightweight materials for train components is a significant trend impacting the market. The continuous advancements in train technology and the move towards autonomous driving trains necessitate the development of lighter materials for wheels and axles. The increasing passenger demand for faster, more comfortable, and cost-effective travel supports this trend. Moreover, the integration of automated monitoring systems in trains helps in the early detection of wheel and axle defects, enhancing safety and reliability.

Country-wise Market Insights

India is emerging as a prominent market for rail wheels and axles, attributed to its extensive rail network essential for economic growth and community integration. The country is expanding its metro and conventional rail systems, with significant new projects underway. Similarly, China is witnessing substantial growth with ambitious targets for its railway systems, which is anticipated to maintain its lead in the East Asian market.

Market Segmentation Insights

In terms of product types, solid axles continue to dominate the market due to their ability to withstand heavy loads, commonly used in freight, main line, and metro trains. However, the future may see a shift towards hollow axles as they gain traction in the market.

The high-speed railway segment is expected to lead market growth, driven by global initiatives to reduce travel times and congestion through mass rapid transit solutions like high-speed trains. This segment is creating significant opportunities for market expansion.

Competitive Analysis

The global rail wheel and axle market features a structured competitive Analysis with key players holding medium to substantial presence worldwide. Companies are expanding their business scopes through acquisitions, joint ventures, and collaborations, focusing on mass production to meet growing demands. Strategic partnerships with key locomotive and rail bogie manufacturers are also a focus to enhance market positions.

Key Companies Profiled

  • CAF USA, Inc.
  • Bharat Forge Ltd. (Kalyani Group)
  • Amsted Rail Company, Inc.
  • ArcelorMittal A.S.
  • Bonatrans Group A.S.
  • Comsteel
  • CRRC Sifang Co., Ltd.
  • Kolowag AD
  • Lucchini RS S.p.A.
  • Nippon Steel & Sumitomo Metal Corporation
  • Rail Wheel Factory - Indian Railways
  • Maanshan Iron and Steel Company
  • Semco India (P) Ltd.
  • United Metallurgical Company, OMK CJSC
  • Simmons Machine Tool Corporation (NSH Group)
  • VELTRUP Technik Philippines, Inc.
  • Bombardier Inc.

Global Rail Wheel And Axle Market by Category

By Wheel Type, the Global Rail Wheel And Axle Market is segmented as:

  • Monoblock Wheels
  • Resilient Wheels
  • Rubber Tired Wheels
  • Steel Tired Wheels
  • Other Special Wheels

By Axle Type, the Global Rail Wheel And Axle Market is segmented as:

  • Hollow Axles
  • Solid Axles

By End Use, the Global Rail Wheel And Axle Market is segmented as:

  • High Speed Railway
  • Fast Speed Railway
  • Subway
  • Other End Use

By Sales Channel, the Global Rail Wheel And Axle Market is segmented as:

  • OEM
  • Aftermarket

By Product Type, the Global Rail Wheel And Axle Market is segmented as:

  • Less Than 600mm
  • 600-1000 mm
  • 1000-1100 mm
  • Above 1100 mm

By Region, the Global Rail Wheel And Axle Market is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • The Middle East and Africa


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Table of Contents

1. Executive Summary
1.1. Global Rail Wheel And Axle Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Price Analysis, 2019-2023
3.1. Global Average Price Analysis, by Product Type, US$ Per Unit, 2019-2023
3.2. Prominent Factor Affecting Breast Tissue Prices
3.3. Global Average Price Analysis, by Region, US$ Per Unit
4. Global Rail Wheel And Axle Market Outlook, 2019-2031
4.1. Global Rail Wheel And Axle Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
4.1.1. Key Highlights
4.1.1.1. Less Than 600mm
4.1.1.2. 600-1000 mm
4.1.1.3. 1000-1100 mm
4.1.1.4. Above 1100 mm
4.2. Global Rail Wheel And Axle Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
4.2.1. Key Highlights
4.2.1.1. Monoblock Wheels
4.2.1.2. Resilient Wheels
4.2.1.3. Rubber Tired Wheels
4.2.1.4. Steel Tired Wheels
4.2.1.5. Other Special Wheels
4.3. Global Rail Wheel And Axle Market Outlook, by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
4.3.1. Key Highlights
4.3.1.1. High Speed Railway
4.3.1.2. Fast Speed Railway
4.3.1.3. Subway
4.3.1.4. Other
4.4. Global Rail Wheel And Axle Market Outlook, by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
4.4.1. Key Highlights
4.4.1.1. Hollow Axles
4.4.1.2. Solid Axles
4.5. Global Rail Wheel And Axle Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
4.5.1. Key Highlights
4.5.1.1. OEM
4.5.1.2. Aftermarket
4.6. Global Rail Wheel And Axle Market Outlook, by Region, Value (US$ Bn) and Volume (Units), 2019-2031
4.6.1. Key Highlights
4.6.1.1. North America
4.6.1.2. Europe
4.6.1.3. Asia Pacific
4.6.1.4. Latin America
4.6.1.5. Middle East & Africa
5. North America Rail Wheel And Axle Market Outlook, 2019-2031
5.1. North America Rail Wheel And Axle Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
5.1.1. Key Highlights
5.1.1.1. Less Than 600mm
5.1.1.2. 600-1000 mm
5.1.1.3. 1000-1100 mm
5.1.1.4. Above 1100 mm
5.2. North America Rail Wheel And Axle Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
5.2.1. Key Highlights
5.2.1.1. Monoblock Wheels
5.2.1.2. Resilient Wheels
5.2.1.3. Rubber Tired Wheels
5.2.1.4. Steel Tired Wheels
5.2.1.5. Other Special Wheels
5.3. North America Rail Wheel And Axle Market Outlook, by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
5.3.1. Key Highlights
5.3.1.1. High Speed Railway
5.3.1.2. Fast Speed Railway
5.3.1.3. Subway
5.3.1.4. Other
5.4. North America Rail Wheel And Axle Market Outlook, by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
5.4.1. Key Highlights
5.4.1.1. Hollow Axles
5.4.1.2. Solid Axles
5.5. North America Rail Wheel And Axle Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
5.5.1. Key Highlights
5.5.1.1. OEM
5.5.1.2. Aftermarket
5.5.2. BPS Analysis/Market Attractiveness Analysis
5.6. North America Rail Wheel And Axle Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
5.6.1. Key Highlights
5.6.1.1. U.S. Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
5.6.1.2. U.S. Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
5.6.1.3. U.S. Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
5.6.1.4. U.S. Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
5.6.1.5. U.S. Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
5.6.1.6. Canada Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
5.6.1.7. Canada Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
5.6.1.8. Canada Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
5.6.1.9. Canada Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
5.6.1.10. Canada Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
5.6.2. BPS Analysis/Market Attractiveness Analysis
6. Europe Rail Wheel And Axle Market Outlook, 2019-2031
6.1. Europe Rail Wheel And Axle Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.1.1. Key Highlights
6.1.1.1. Less Than 600mm
6.1.1.2. 600-1000 mm
6.1.1.3. 1000-1100 mm
6.1.1.4. Above 1100 mm
6.2. Europe Rail Wheel And Axle Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.2.1. Key Highlights
6.2.1.1. Monoblock Wheels
6.2.1.2. Resilient Wheels
6.2.1.3. Rubber Tired Wheels
6.2.1.4. Steel Tired Wheels
6.2.1.5. Other Special Wheels
6.3. Europe Rail Wheel And Axle Market Outlook, by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
6.3.1. Key Highlights
6.3.1.1. High Speed Railway
6.3.1.2. Fast Speed Railway
6.3.1.3. Subway
6.3.1.4. Other
6.4. Europe Rail Wheel And Axle Market Outlook, by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.4.1. Key Highlights
6.4.1.1. Hollow Axles
6.4.1.2. Solid Axles
6.5. Europe Rail Wheel And Axle Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
6.5.1. Key Highlights
6.5.1.1. OEM
6.5.1.2. Aftermarket
6.5.2. BPS Analysis/Market Attractiveness Analysis
6.6. Europe Rail Wheel And Axle Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1. Key Highlights
6.6.1.1. Germany Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.2. Germany Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.3. Germany Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.4. Germany Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.5. Germany Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.6. U.K. Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.7. U.K. Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.8. U.K. Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.9. U.K. Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.10. U.K. Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.11. France Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.12. France Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.13. France Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.14. France Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.15. France Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.16. Italy Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.17. Italy Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.18. Italy Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.19. Italy Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.20. Italy Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.21. Turkey Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.22. Turkey Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.23. Turkey Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.24. Turkey Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.25. Turkey Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.26. Russia Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.27. Russia Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.28. Russia Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.29. Russia Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.30. Russia Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.31. Rest of Europe Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.32. Rest of Europe Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.33. Rest of Europe Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.34. Rest of Europe Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.1.35. Rest of Europe Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
6.6.2. BPS Analysis/Market Attractiveness Analysis
7. Asia Pacific Rail Wheel And Axle Market Outlook, 2019-2031
7.1. Asia Pacific Rail Wheel And Axle Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.1.1. Key Highlights
7.1.1.1. Less Than 600mm
7.1.1.2. 600-1000 mm
7.1.1.3. 1000-1100 mm
7.1.1.4. Above 1100 mm
7.2. Asia Pacific Rail Wheel And Axle Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.2.1. Key Highlights
7.2.1.1. Monoblock Wheels
7.2.1.2. Resilient Wheels
7.2.1.3. Rubber Tired Wheels
7.2.1.4. Steel Tired Wheels
7.2.1.5. Other Special Wheels
7.3. Asia Pacific Rail Wheel And Axle Market Outlook, by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
7.3.1. Key Highlights
7.3.1.1. High Speed Railway
7.3.1.2. Fast Speed Railway
7.3.1.3. Subway
7.3.1.4. Other
7.4. Asia Pacific Rail Wheel And Axle Market Outlook, by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.4.1. Key Highlights
7.4.1.1. Hollow Axles
7.4.1.2. Solid Axles
7.5. Asia Pacific Rail Wheel And Axle Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
7.5.1. Key Highlights
7.5.1.1. OEM
7.5.1.2. Aftermarket
7.5.2. BPS Analysis/Market Attractiveness Analysis
7.6. Asia Pacific Rail Wheel And Axle Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1. Key Highlights
7.6.1.1. China Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.2. China Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.3. China Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.4. China Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.5. China Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.6. Japan Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.7. Japan Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.8. Japan Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.9. Japan Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.10. Japan Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.11. South Korea Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.12. South Korea Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.13. South Korea Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.14. South Korea Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.15. South Korea Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.16. India Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.17. India Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.18. India Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.19. India Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.20. India Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.21. Southeast Asia Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.22. Southeast Asia Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.23. Southeast Asia Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.24. Southeast Asia Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.25. Southeast Asia Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.26. Rest of Asia Pacific Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.27. Rest of Asia Pacific Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.28. Rest of Asia Pacific Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.29. Rest of Asia Pacific Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.1.30. Rest of Asia Pacific Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
7.6.2. BPS Analysis/Market Attractiveness Analysis
8. Latin America Rail Wheel And Axle Market Outlook, 2019-2031
8.1. Latin America Rail Wheel And Axle Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.1.1. Key Highlights
8.1.1.1. Less Than 600mm
8.1.1.2. 600-1000 mm
8.1.1.3. 1000-1100 mm
8.1.1.4. Above 1100 mm
8.2. Latin America Rail Wheel And Axle Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.2.1. Key Highlights
8.2.1.1. Monoblock Wheels
8.2.1.2. Resilient Wheels
8.2.1.3. Rubber Tired Wheels
8.2.1.4. Steel Tired Wheels
8.2.1.5. Other Special Wheels
8.3. Latin America Rail Wheel And Axle Market Outlook, by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
8.3.1. Key Highlights
8.3.1.1. High Speed Railway
8.3.1.2. Fast Speed Railway
8.3.1.3. Subway
8.3.1.4. Other
8.4. Latin America Rail Wheel And Axle Market Outlook, by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.4.1. Key Highlights
8.4.1.1. Hollow Axles
8.4.1.2. Solid Axles
8.5. Latin America Rail Wheel And Axle Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
8.5.1. Key Highlights
8.5.1.1. OEM
8.5.1.2. Aftermarket
8.5.2. BPS Analysis/Market Attractiveness Analysis
8.6. Latin America Rail Wheel And Axle Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1. Key Highlights
8.6.1.1. Brazil Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.2. Brazil Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.3. Brazil Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.4. Brazil Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.5. Brazil Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.6. Mexico Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.7. Mexico Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.8. Mexico Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.9. Mexico Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.10. Mexico Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.11. Argentina Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.12. Argentina Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.13. Argentina Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.14. Argentina Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.15. Argentina Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.16. Rest of Latin America Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.17. Rest of Latin America Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.18. Rest of Latin America Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.19. Rest of Latin America Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.1.20. Rest of Latin America Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
8.6.2. BPS Analysis/Market Attractiveness Analysis
9. Middle East & Africa Rail Wheel And Axle Market Outlook, 2019-2031
9.1. Middle East & Africa Rail Wheel And Axle Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.1.1. Key Highlights
9.1.1.1. Less Than 600mm
9.1.1.2. 600-1000 mm
9.1.1.3. 1000-1100 mm
9.1.1.4. Above 1100 mm
9.2. Middle East & Africa Rail Wheel And Axle Market Outlook, by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.2.1. Key Highlights
9.2.1.1. Monoblock Wheels
9.2.1.2. Resilient Wheels
9.2.1.3. Rubber Tired Wheels
9.2.1.4. Steel Tired Wheels
9.2.1.5. Other Special Wheels
9.3. Middle East & Africa Rail Wheel And Axle Market Outlook, by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
9.3.1. Key Highlights
9.3.1.1. High Speed Railway
9.3.1.2. Fast Speed Railway
9.3.1.3. Subway
9.3.1.4. Other
9.4. Middle East & Africa Rail Wheel And Axle Market Outlook, by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.4.1. Key Highlights
9.4.1.1. Hollow Axles
9.4.1.2. Solid Axles
9.5. Middle East & Africa Rail Wheel And Axle Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
9.5.1. Key Highlights
9.5.1.1. OEM
9.5.1.2. Aftermarket
9.5.2. BPS Analysis/Market Attractiveness Analysis
9.6. Middle East & Africa Rail Wheel And Axle Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1. Key Highlights
9.6.1.1. GCC Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.2. GCC Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.3. GCC Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.4. GCC Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.5. GCC Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.6. South Africa Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.7. South Africa Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.8. South Africa Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.9. South Africa Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.10. South Africa Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.11. Egypt Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.12. Egypt Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.13. Egypt Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.14. Egypt Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.15. Egypt Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.16. Nigeria Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.17. Nigeria Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.18. Nigeria Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.19. Nigeria Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.20. Nigeria Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.21. Rest of Middle East & Africa Rail Wheel And Axle Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.22. Rest of Middle East & Africa Rail Wheel And Axle Market by Wheel Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.23. Rest of Middle East & Africa Rail Wheel And Axle Market by End-use, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.24. Rest of Middle East & Africa Rail Wheel And Axle Market by Axle Type, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.1.25. Rest of Middle East & Africa Rail Wheel And Axle Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019-2031
9.6.2. BPS Analysis/Market Attractiveness Analysis
10. Competitive Landscape
10.1. Company Market Share Analysis, 2024
10.2. Competitive Dashboard
10.3. Company Profiles
10.3.1. CAF USA, Inc.
10.3.1.1. Company Overview
10.3.1.2. Product Portfolio
10.3.1.3. Financial Overview
10.3.1.4. Business Strategies and Development
10.3.2. Bharat Forge Ltd. (Kalyani Group)
10.3.2.1. Company Overview
10.3.2.2. Product Portfolio
10.3.2.3. Financial Overview
10.3.2.4. Business Strategies and Development
10.3.3. Amsted Rail Company, Inc.
10.3.3.1. Company Overview
10.3.3.2. Product Portfolio
10.3.3.3. Financial Overview
10.3.3.4. Business Strategies and Development
10.3.4. ArcelorMittal A.S.
10.3.4.1. Company Overview
10.3.4.2. Product Portfolio
10.3.4.3. Financial Overview
10.3.4.4. Business Strategies and Development
10.3.5. Bonatrans Group A.S.
10.3.5.1. Company Overview
10.3.5.2. Product Portfolio
10.3.5.3. Financial Overview
10.3.5.4. Business Strategies and Development
10.3.6. Comsteel
10.3.6.1. Company Overview
10.3.6.2. Product Portfolio
10.3.6.3. Financial Overview
10.3.6.4. Business Strategies and Development
10.3.7. CRRC Sifang Co., Ltd.
10.3.7.1. Company Overview
10.3.7.2. Product Portfolio
10.3.7.3. Financial Overview
10.3.7.4. Business Strategies and Development
10.3.8. Kolowag AD
10.3.8.1. Company Overview
10.3.8.2. Product Portfolio
10.3.8.3. Financial Overview
10.3.8.4. Business Strategies and Development
10.3.9. Lucchini RS S.p.A.
10.3.9.1. Company Overview
10.3.9.2. Product Portfolio
10.3.9.3. Financial Overview
10.3.9.4. Business Strategies and Development
10.3.10. Nippon Steel & Sumitomo Metal Corporation
10.3.10.1. Company Overview
10.3.10.2. Product Portfolio
10.3.10.3. Financial Overview
10.3.10.4. Business Strategies and Development
10.3.11. Rail Wheel Factory - Indian Railways
10.3.11.1. Company Overview
10.3.11.2. Product Portfolio
10.3.11.3. Financial Overview
10.3.11.4. Business Strategies and Development
10.3.12. Maanshan Iron and Steel Company
10.3.12.1. Company Overview
10.3.12.2. Product Portfolio
10.3.12.3. Financial Overview
10.3.12.4. Business Strategies and Development
10.3.13. Semco India (P) Ltd.
10.3.13.1. Company Overview
10.3.13.2. Product Portfolio
10.3.13.3. Financial Overview
10.3.13.4. Business Strategies and Development
10.3.14. United Metallurgical Company, OMK CJSC
10.3.14.1. Company Overview
10.3.14.2. Product Portfolio
10.3.14.3. Financial Overview
10.3.14.4. Business Strategies and Development
10.3.15. Simmons Machine Tool Corporation (NSH Group)
10.3.15.1. Company Overview
10.3.15.2. Product Portfolio
10.3.15.3. Financial Overview
10.3.15.4. Business Strategies and Development
10.3.16. VELTRUP Technik Philippines, Inc.
10.3.16.1. Company Overview
10.3.16.2. Product Portfolio
10.3.16.3. Financial Overview
10.3.16.4. Business Strategies and Development
10.3.17. Bombardier Inc.
10.3.17.1. Company Overview
10.3.17.2. Product Portfolio
10.3.17.3. Financial Overview
10.3.17.4. Business Strategies and Development
11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • CAF USA, Inc.
  • Bharat Forge Ltd. (Kalyani Group)
  • Amsted Rail Company, Inc.
  • ArcelorMittal A.S.
  • Bonatrans Group A.S.
  • Comsteel
  • CRRC Sifang Co., Ltd.
  • Kolowag AD
  • Lucchini RS S.p.A.
  • Nippon Steel & Sumitomo Metal Corporation
  • Rail Wheel Factory – Indian Railways
  • Maanshan Iron and Steel Company
  • Semco India (P) Ltd.
  • United Metallurgical Company, OMK CJSC
  • Simmons Machine Tool Corporation (NSH Group)
  • VELTRUP Technik Philippines, Inc.
  • Bombardier Inc.

Methodology

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