This report studies the Wheels & Axles for Railway market, A 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.
The leading manufactures mainly are Amsted Rail, NSSMC, Taiyuan Heavy Industry, Masteel and GHH-BONATRANS. Amsted Rail is the largest manufacturer; its revenue of United States market exceeds 38% in 2016. The next is NSSMC.
There are mainly two type\'s product of wheels & axles for railway market: Rolled Wheels & Axles and Forged Wheels & Axles. Forged Wheels & Axles accounts the largest proportion.
Geographically, the United States wheels & axles for railway market has been segmented into Northeast, South Atlantic, West South Central, East North Central, Pacific and other. The South Atlantic held the largest share in the United States wheels & axles for railway products market, its revenue of total market exceeds 25% in 2016. The next is Pacific region and Northeast region.
The report offers detailed coverage of Wheels and Axles for Railways industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Wheels and Axles for Railways by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Wheels and Axles for Railways market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Wheels and Axles for Railways market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Amsted Rail
NSSMC
Taiyuan Heavy Industry
Masteel
GHH-BONATRANS
Jinxi Axle
Interpipe
Penn Machine
EVRAZ NTMK
OMK
Xinyang Tonghe Wheels
GMH-Gruppe
At the same time, we classify Wheels and Axles for Railways according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Rolled Wheels & Axles
Forged Wheels & Axles
Market by Application
High-speed Train
Locomotives
Railroad Passenger Cars
Railroad Freight Cars
Metro
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Wheels and Axles for Railways market for the forecast period 2021 - 2025?
• What are the driving forces in the Wheels and Axles for Railways market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Wheels and Axles for Railways industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?