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Forged Rail Wheels-Global Market Insights and Sales Trends 2024

Forged Rail Wheels-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1827628

No of Pages : 102

Synopsis
The global Forged Rail Wheels market size is expected to reach US$ 2409.2 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Forged Rail Wheels in various end use industries. The expanding demands from the OE Market and After Market, are propelling Forged Rail Wheels market. Freight Wagons, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Passenger Wagons segment is estimated at % CAGR for the next seven-year period.
The growth potential for businesses in the field of forged rail wheels is influenced by several factors related to the transportation and rail industries. Forged rail wheels are critical components used in various types of rail vehicles, including freight wagons, passenger trains, and high-speed trains. Here are some factors contributing to the growth of the forged rail wheels market:

1. Rail Network Expansion: The expansion and modernization of rail networks, both for freight and passenger transport, drive the demand for high-quality rail wheel components.

2. Urbanization and Public Transit: The growth of urban areas leads to increased demand for public transit systems, including commuter trains and light rail networks that use forged rail wheels.

3. High-Speed Rail: The development and expansion of high-speed rail networks, which require specialized and durable components, contribute to the growth of the forged rail wheel market.

4. Technological Advancements: Advances in forging techniques and metallurgy have led to the production of stronger and more durable rail wheel materials.

5. Safety and Reliability: The rail industry places a strong emphasis on safety and reliability, making high-quality forged rail wheels essential for ensuring secure and efficient rail operations.

6. Replacement of Aging Components: As existing rail systems and vehicles age, there is a need for replacing components, including rail wheels, with modern and more durable alternatives.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Forged Rail Wheels, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Forged Rail Wheels market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Forged Rail Wheels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Forged Rail Wheels sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Forged Rail Wheels covered in this report include NSSMC, Interpipe, Vyksa Steel Works (VSW), EVRAZ NTMK, Bochumer Verein Verkehrstechnik (BVV), Rail Wheel Factory, GHH-Bonatrans, Durgapur Steel Plant and Amsted Rail, etc.
The global Forged Rail Wheels market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NSSMC
Interpipe
Vyksa Steel Works (VSW)
EVRAZ NTMK
Bochumer Verein Verkehrstechnik (BVV)
Rail Wheel Factory
GHH-Bonatrans
Durgapur Steel Plant
Amsted Rail
Comsteel
Masteel
Taiyuan Heavy Industry
Datong ABC Castings Company
Xinyang Tonghe wheels
Global Forged Rail Wheels market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Forged Rail Wheels market, Segment by Type:
Freight Wagons
Passenger Wagons
High Speed Train
Global Forged Rail Wheels market, by Application
OE Market
After Market
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Forged Rail Wheels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Forged Rail Wheels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Forged Rail Wheels Market Overview
1.1 Forged Rail Wheels Product Overview
1.2 Forged Rail Wheels Market Segment by Type
1.2.1 Freight Wagons
1.2.2 Passenger Wagons
1.2.3 High Speed Train
1.3 Global Forged Rail Wheels Market Size by Type
1.3.1 Global Forged Rail Wheels Market Size Overview by Type (2018-2029)
1.3.2 Global Forged Rail Wheels Historic Market Size Review by Type (2018-2023)
1.3.3 Global Forged Rail Wheels Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Forged Rail Wheels Sales Breakdown by Type (2018-2023)
1.4.2 Europe Forged Rail Wheels Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Forged Rail Wheels Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Forged Rail Wheels Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Forged Rail Wheels Sales Breakdown by Type (2018-2023)
2 Global Forged Rail Wheels Market Competition by Company
2.1 Global Top Players by Forged Rail Wheels Sales (2018-2023)
2.2 Global Top Players by Forged Rail Wheels Revenue (2018-2023)
2.3 Global Top Players by Forged Rail Wheels Price (2018-2023)
2.4 Global Top Manufacturers Forged Rail Wheels Manufacturing Base Distribution, Sales Area, Product Type
2.5 Forged Rail Wheels Market Competitive Situation and Trends
2.5.1 Forged Rail Wheels Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Forged Rail Wheels Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Forged Rail Wheels as of 2022)
2.7 Date of Key Manufacturers Enter into Forged Rail Wheels Market
2.8 Key Manufacturers Forged Rail Wheels Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Forged Rail Wheels Status and Outlook by Region
3.1 Global Forged Rail Wheels Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Forged Rail Wheels Historic Market Size by Region
3.2.1 Global Forged Rail Wheels Sales in Volume by Region (2018-2023)
3.2.2 Global Forged Rail Wheels Sales in Value by Region (2018-2023)
3.2.3 Global Forged Rail Wheels Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Forged Rail Wheels Forecasted Market Size by Region
3.3.1 Global Forged Rail Wheels Sales in Volume by Region (2024-2029)
3.3.2 Global Forged Rail Wheels Sales in Value by Region (2024-2029)
3.3.3 Global Forged Rail Wheels Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Forged Rail Wheels by Application
4.1 Forged Rail Wheels Market Segment by Application
4.1.1 OE Market
4.1.2 After Market
4.2 Global Forged Rail Wheels Market Size by Application
4.2.1 Global Forged Rail Wheels Market Size Overview by Application (2018-2029)
4.2.2 Global Forged Rail Wheels Historic Market Size Review by Application (2018-2023)
4.2.3 Global Forged Rail Wheels Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Forged Rail Wheels Sales Breakdown by Application (2018-2023)
4.3.2 Europe Forged Rail Wheels Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Forged Rail Wheels Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Forged Rail Wheels Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Forged Rail Wheels Sales Breakdown by Application (2018-2023)
5 North America Forged Rail Wheels by Country
5.1 North America Forged Rail Wheels Historic Market Size by Country
5.1.1 North America Forged Rail Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Forged Rail Wheels Sales in Volume by Country (2018-2023)
5.1.3 North America Forged Rail Wheels Sales in Value by Country (2018-2023)
5.2 North America Forged Rail Wheels Forecasted Market Size by Country
5.2.1 North America Forged Rail Wheels Sales in Volume by Country (2024-2029)
5.2.2 North America Forged Rail Wheels Sales in Value by Country (2024-2029)
6 Europe Forged Rail Wheels by Country
6.1 Europe Forged Rail Wheels Historic Market Size by Country
6.1.1 Europe Forged Rail Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Forged Rail Wheels Sales in Volume by Country (2018-2023)
6.1.3 Europe Forged Rail Wheels Sales in Value by Country (2018-2023)
6.2 Europe Forged Rail Wheels Forecasted Market Size by Country
6.2.1 Europe Forged Rail Wheels Sales in Volume by Country (2024-2029)
6.2.2 Europe Forged Rail Wheels Sales in Value by Country (2024-2029)
7 Asia-Pacific Forged Rail Wheels by Region
7.1 Asia-Pacific Forged Rail Wheels Historic Market Size by Region
7.1.1 Asia-Pacific Forged Rail Wheels Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Forged Rail Wheels Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Forged Rail Wheels Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Forged Rail Wheels Forecasted Market Size by Region
7.2.1 Asia-Pacific Forged Rail Wheels Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Forged Rail Wheels Sales in Value by Region (2024-2029)
8 Latin America Forged Rail Wheels by Country
8.1 Latin America Forged Rail Wheels Historic Market Size by Country
8.1.1 Latin America Forged Rail Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Forged Rail Wheels Sales in Volume by Country (2018-2023)
8.1.3 Latin America Forged Rail Wheels Sales in Value by Country (2018-2023)
8.2 Latin America Forged Rail Wheels Forecasted Market Size by Country
8.2.1 Latin America Forged Rail Wheels Sales in Volume by Country (2024-2029)
8.2.2 Latin America Forged Rail Wheels Sales in Value by Country (2024-2029)
9 Middle East and Africa Forged Rail Wheels by Country
9.1 Middle East and Africa Forged Rail Wheels Historic Market Size by Country
9.1.1 Middle East and Africa Forged Rail Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Forged Rail Wheels Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Forged Rail Wheels Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Forged Rail Wheels Forecasted Market Size by Country
9.2.1 Middle East and Africa Forged Rail Wheels Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Forged Rail Wheels Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 NSSMC
10.1.1 NSSMC Company Information
10.1.2 NSSMC Introduction and Business Overview
10.1.3 NSSMC Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.1.4 NSSMC Forged Rail Wheels Products Offered
10.1.5 NSSMC Recent Development
10.2 Interpipe
10.2.1 Interpipe Company Information
10.2.2 Interpipe Introduction and Business Overview
10.2.3 Interpipe Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Interpipe Forged Rail Wheels Products Offered
10.2.5 Interpipe Recent Development
10.3 Vyksa Steel Works (VSW)
10.3.1 Vyksa Steel Works (VSW) Company Information
10.3.2 Vyksa Steel Works (VSW) Introduction and Business Overview
10.3.3 Vyksa Steel Works (VSW) Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Vyksa Steel Works (VSW) Forged Rail Wheels Products Offered
10.3.5 Vyksa Steel Works (VSW) Recent Development
10.4 EVRAZ NTMK
10.4.1 EVRAZ NTMK Company Information
10.4.2 EVRAZ NTMK Introduction and Business Overview
10.4.3 EVRAZ NTMK Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.4.4 EVRAZ NTMK Forged Rail Wheels Products Offered
10.4.5 EVRAZ NTMK Recent Development
10.5 Bochumer Verein Verkehrstechnik (BVV)
10.5.1 Bochumer Verein Verkehrstechnik (BVV) Company Information
10.5.2 Bochumer Verein Verkehrstechnik (BVV) Introduction and Business Overview
10.5.3 Bochumer Verein Verkehrstechnik (BVV) Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Bochumer Verein Verkehrstechnik (BVV) Forged Rail Wheels Products Offered
10.5.5 Bochumer Verein Verkehrstechnik (BVV) Recent Development
10.6 Rail Wheel Factory
10.6.1 Rail Wheel Factory Company Information
10.6.2 Rail Wheel Factory Introduction and Business Overview
10.6.3 Rail Wheel Factory Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Rail Wheel Factory Forged Rail Wheels Products Offered
10.6.5 Rail Wheel Factory Recent Development
10.7 GHH-Bonatrans
10.7.1 GHH-Bonatrans Company Information
10.7.2 GHH-Bonatrans Introduction and Business Overview
10.7.3 GHH-Bonatrans Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.7.4 GHH-Bonatrans Forged Rail Wheels Products Offered
10.7.5 GHH-Bonatrans Recent Development
10.8 Durgapur Steel Plant
10.8.1 Durgapur Steel Plant Company Information
10.8.2 Durgapur Steel Plant Introduction and Business Overview
10.8.3 Durgapur Steel Plant Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Durgapur Steel Plant Forged Rail Wheels Products Offered
10.8.5 Durgapur Steel Plant Recent Development
10.9 Amsted Rail
10.9.1 Amsted Rail Company Information
10.9.2 Amsted Rail Introduction and Business Overview
10.9.3 Amsted Rail Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Amsted Rail Forged Rail Wheels Products Offered
10.9.5 Amsted Rail Recent Development
10.10 Comsteel
10.10.1 Comsteel Company Information
10.10.2 Comsteel Introduction and Business Overview
10.10.3 Comsteel Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Comsteel Forged Rail Wheels Products Offered
10.10.5 Comsteel Recent Development
10.11 Masteel
10.11.1 Masteel Company Information
10.11.2 Masteel Introduction and Business Overview
10.11.3 Masteel Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Masteel Forged Rail Wheels Products Offered
10.11.5 Masteel Recent Development
10.12 Taiyuan Heavy Industry
10.12.1 Taiyuan Heavy Industry Company Information
10.12.2 Taiyuan Heavy Industry Introduction and Business Overview
10.12.3 Taiyuan Heavy Industry Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Taiyuan Heavy Industry Forged Rail Wheels Products Offered
10.12.5 Taiyuan Heavy Industry Recent Development
10.13 Datong ABC Castings Company
10.13.1 Datong ABC Castings Company Company Information
10.13.2 Datong ABC Castings Company Introduction and Business Overview
10.13.3 Datong ABC Castings Company Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Datong ABC Castings Company Forged Rail Wheels Products Offered
10.13.5 Datong ABC Castings Company Recent Development
10.14 Xinyang Tonghe wheels
10.14.1 Xinyang Tonghe wheels Company Information
10.14.2 Xinyang Tonghe wheels Introduction and Business Overview
10.14.3 Xinyang Tonghe wheels Forged Rail Wheels Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Xinyang Tonghe wheels Forged Rail Wheels Products Offered
10.14.5 Xinyang Tonghe wheels Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Forged Rail Wheels Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Forged Rail Wheels Industrial Chain Analysis
11.4 Forged Rail Wheels Market Dynamics
11.4.1 Forged Rail Wheels Industry Trends
11.4.2 Forged Rail Wheels Market Drivers
11.4.3 Forged Rail Wheels Market Challenges
11.4.4 Forged Rail Wheels Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Forged Rail Wheels Distributors
12.3 Forged Rail Wheels Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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