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Rail Fastener-Global Market Insights and Sales Trends 2024
Synopsis
Rail Fastener are an important component of rail track and it is always used to connect track rails with railway ties or railway sleepers. In general, the rail fastener fixes the correct position of track rails in order to avoid the horizontal and vertical displacement as well as the rollover. What’s more, it can also provide well elasticity and insulating property and do well in gauge adjusting.
The large demand from downstream high-speed train industry, subway industry and other industries drives Elastic Rail Fastener industry developing fast.
The global Rail Fastener market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Rail Fastener in various end use industries. The expanding demands from the Conventional Rail, High Speed, Heavy-haul and Urban Transport, are propelling Rail Fastener market. Concrete Pillow Fastener, 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 Buckle Plate Fastener segment is estimated at % CAGR for the next seven-year period.
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.
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 Rail Fastener, 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 Rail Fastener 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 Rail Fastener market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Rail Fastener 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 Rail Fastener covered in this report include Pandrol, Vossloh Fastening Systems, L.B. Foster, Progress Rail Services Corporation, Lewis Bolt & Nut Co, AGICO, CRCHI, Gem-Year Corporation and Alex Railway Fastening, etc.
The global Rail Fastener market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Pandrol
Vossloh Fastening Systems
L.B. Foster
Progress Rail Services Corporation
Lewis Bolt & Nut Co
AGICO
CRCHI
Gem-Year Corporation
Alex Railway Fastening
Global Rail Fastener 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 Rail Fastener market, Segment by Type:
Concrete Pillow Fastener
Buckle Plate Fastener
Spring Fastener
Global Rail Fastener market, by Application
Conventional Rail
High Speed
Heavy-haul
Urban Transport
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 Rail Fastener manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Rail Fastener 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.
Rail Fastener are an important component of rail track and it is always used to connect track rails with railway ties or railway sleepers. In general, the rail fastener fixes the correct position of track rails in order to avoid the horizontal and vertical displacement as well as the rollover. What’s more, it can also provide well elasticity and insulating property and do well in gauge adjusting.
The large demand from downstream high-speed train industry, subway industry and other industries drives Elastic Rail Fastener industry developing fast.
The global Rail Fastener market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Rail Fastener in various end use industries. The expanding demands from the Conventional Rail, High Speed, Heavy-haul and Urban Transport, are propelling Rail Fastener market. Concrete Pillow Fastener, 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 Buckle Plate Fastener segment is estimated at % CAGR for the next seven-year period.
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.
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 Rail Fastener, 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 Rail Fastener 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 Rail Fastener market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Rail Fastener 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 Rail Fastener covered in this report include Pandrol, Vossloh Fastening Systems, L.B. Foster, Progress Rail Services Corporation, Lewis Bolt & Nut Co, AGICO, CRCHI, Gem-Year Corporation and Alex Railway Fastening, etc.
The global Rail Fastener market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Pandrol
Vossloh Fastening Systems
L.B. Foster
Progress Rail Services Corporation
Lewis Bolt & Nut Co
AGICO
CRCHI
Gem-Year Corporation
Alex Railway Fastening
Global Rail Fastener 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 Rail Fastener market, Segment by Type:
Concrete Pillow Fastener
Buckle Plate Fastener
Spring Fastener
Global Rail Fastener market, by Application
Conventional Rail
High Speed
Heavy-haul
Urban Transport
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 Rail Fastener manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Rail Fastener 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.
Index1 Rail Fastener Market Overview
1.1 Rail Fastener Product Overview
1.2 Rail Fastener Market Segment by Type
1.2.1 Concrete Pillow Fastener
1.2.2 Buckle Plate Fastener
1.2.3 Spring Fastener
1.3 Global Rail Fastener Market Size by Type
1.3.1 Global Rail Fastener Market Size Overview by Type (2018-2029)
1.3.2 Global Rail Fastener Historic Market Size Review by Type (2018-2023)
1.3.3 Global Rail Fastener Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Rail Fastener Sales Breakdown by Type (2018-2023)
1.4.2 Europe Rail Fastener Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Rail Fastener Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Rail Fastener Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Rail Fastener Sales Breakdown by Type (2018-2023)
2 Global Rail Fastener Market Competition by Company
2.1 Global Top Players by Rail Fastener Sales (2018-2023)
2.2 Global Top Players by Rail Fastener Revenue (2018-2023)
2.3 Global Top Players by Rail Fastener Price (2018-2023)
2.4 Global Top Manufacturers Rail Fastener Manufacturing Base Distribution, Sales Area, Product Type
2.5 Rail Fastener Market Competitive Situation and Trends
2.5.1 Rail Fastener Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Rail Fastener 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 Rail Fastener as of 2022)
2.7 Date of Key Manufacturers Enter into Rail Fastener Market
2.8 Key Manufacturers Rail Fastener Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Rail Fastener Status and Outlook by Region
3.1 Global Rail Fastener Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Rail Fastener Historic Market Size by Region
3.2.1 Global Rail Fastener Sales in Volume by Region (2018-2023)
3.2.2 Global Rail Fastener Sales in Value by Region (2018-2023)
3.2.3 Global Rail Fastener Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Rail Fastener Forecasted Market Size by Region
3.3.1 Global Rail Fastener Sales in Volume by Region (2024-2029)
3.3.2 Global Rail Fastener Sales in Value by Region (2024-2029)
3.3.3 Global Rail Fastener Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Rail Fastener by Application
4.1 Rail Fastener Market Segment by Application
4.1.1 Conventional Rail
4.1.2 High Speed
4.1.3 Heavy-haul
4.1.4 Urban Transport
4.2 Global Rail Fastener Market Size by Application
4.2.1 Global Rail Fastener Market Size Overview by Application (2018-2029)
4.2.2 Global Rail Fastener Historic Market Size Review by Application (2018-2023)
4.2.3 Global Rail Fastener Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Rail Fastener Sales Breakdown by Application (2018-2023)
4.3.2 Europe Rail Fastener Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Rail Fastener Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Rail Fastener Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Rail Fastener Sales Breakdown by Application (2018-2023)
5 North America Rail Fastener by Country
5.1 North America Rail Fastener Historic Market Size by Country
5.1.1 North America Rail Fastener Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Rail Fastener Sales in Volume by Country (2018-2023)
5.1.3 North America Rail Fastener Sales in Value by Country (2018-2023)
5.2 North America Rail Fastener Forecasted Market Size by Country
5.2.1 North America Rail Fastener Sales in Volume by Country (2024-2029)
5.2.2 North America Rail Fastener Sales in Value by Country (2024-2029)
6 Europe Rail Fastener by Country
6.1 Europe Rail Fastener Historic Market Size by Country
6.1.1 Europe Rail Fastener Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Rail Fastener Sales in Volume by Country (2018-2023)
6.1.3 Europe Rail Fastener Sales in Value by Country (2018-2023)
6.2 Europe Rail Fastener Forecasted Market Size by Country
6.2.1 Europe Rail Fastener Sales in Volume by Country (2024-2029)
6.2.2 Europe Rail Fastener Sales in Value by Country (2024-2029)
7 Asia-Pacific Rail Fastener by Region
7.1 Asia-Pacific Rail Fastener Historic Market Size by Region
7.1.1 Asia-Pacific Rail Fastener Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Rail Fastener Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Rail Fastener Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Rail Fastener Forecasted Market Size by Region
7.2.1 Asia-Pacific Rail Fastener Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Rail Fastener Sales in Value by Region (2024-2029)
8 Latin America Rail Fastener by Country
8.1 Latin America Rail Fastener Historic Market Size by Country
8.1.1 Latin America Rail Fastener Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Rail Fastener Sales in Volume by Country (2018-2023)
8.1.3 Latin America Rail Fastener Sales in Value by Country (2018-2023)
8.2 Latin America Rail Fastener Forecasted Market Size by Country
8.2.1 Latin America Rail Fastener Sales in Volume by Country (2024-2029)
8.2.2 Latin America Rail Fastener Sales in Value by Country (2024-2029)
9 Middle East and Africa Rail Fastener by Country
9.1 Middle East and Africa Rail Fastener Historic Market Size by Country
9.1.1 Middle East and Africa Rail Fastener Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Rail Fastener Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Rail Fastener Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Rail Fastener Forecasted Market Size by Country
9.2.1 Middle East and Africa Rail Fastener Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Rail Fastener Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Pandrol
10.1.1 Pandrol Company Information
10.1.2 Pandrol Introduction and Business Overview
10.1.3 Pandrol Rail Fastener Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Pandrol Rail Fastener Products Offered
10.1.5 Pandrol Recent Development
10.2 Vossloh Fastening Systems
10.2.1 Vossloh Fastening Systems Company Information
10.2.2 Vossloh Fastening Systems Introduction and Business Overview
10.2.3 Vossloh Fastening Systems Rail Fastener Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Vossloh Fastening Systems Rail Fastener Products Offered
10.2.5 Vossloh Fastening Systems Recent Development
10.3 L.B. Foster
10.3.1 L.B. Foster Company Information
10.3.2 L.B. Foster Introduction and Business Overview
10.3.3 L.B. Foster Rail Fastener Sales, Revenue and Gross Margin (2018-2023)
10.3.4 L.B. Foster Rail Fastener Products Offered
10.3.5 L.B. Foster Recent Development
10.4 Progress Rail Services Corporation
10.4.1 Progress Rail Services Corporation Company Information
10.4.2 Progress Rail Services Corporation Introduction and Business Overview
10.4.3 Progress Rail Services Corporation Rail Fastener Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Progress Rail Services Corporation Rail Fastener Products Offered
10.4.5 Progress Rail Services Corporation Recent Development
10.5 Lewis Bolt & Nut Co
10.5.1 Lewis Bolt & Nut Co Company Information
10.5.2 Lewis Bolt & Nut Co Introduction and Business Overview
10.5.3 Lewis Bolt & Nut Co Rail Fastener Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Lewis Bolt & Nut Co Rail Fastener Products Offered
10.5.5 Lewis Bolt & Nut Co Recent Development
10.6 AGICO
10.6.1 AGICO Company Information
10.6.2 AGICO Introduction and Business Overview
10.6.3 AGICO Rail Fastener Sales, Revenue and Gross Margin (2018-2023)
10.6.4 AGICO Rail Fastener Products Offered
10.6.5 AGICO Recent Development
10.7 CRCHI
10.7.1 CRCHI Company Information
10.7.2 CRCHI Introduction and Business Overview
10.7.3 CRCHI Rail Fastener Sales, Revenue and Gross Margin (2018-2023)
10.7.4 CRCHI Rail Fastener Products Offered
10.7.5 CRCHI Recent Development
10.8 Gem-Year Corporation
10.8.1 Gem-Year Corporation Company Information
10.8.2 Gem-Year Corporation Introduction and Business Overview
10.8.3 Gem-Year Corporation Rail Fastener Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Gem-Year Corporation Rail Fastener Products Offered
10.8.5 Gem-Year Corporation Recent Development
10.9 Alex Railway Fastening
10.9.1 Alex Railway Fastening Company Information
10.9.2 Alex Railway Fastening Introduction and Business Overview
10.9.3 Alex Railway Fastening Rail Fastener Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Alex Railway Fastening Rail Fastener Products Offered
10.9.5 Alex Railway Fastening Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Rail Fastener 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 Rail Fastener Industrial Chain Analysis
11.4 Rail Fastener Market Dynamics
11.4.1 Rail Fastener Industry Trends
11.4.2 Rail Fastener Market Drivers
11.4.3 Rail Fastener Market Challenges
11.4.4 Rail Fastener Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Rail Fastener Distributors
12.3 Rail Fastener 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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