Rail Components Market, Global Outlook and Forecast 2023-2028

Report ID: 1633005 | Published Date: Jan 2025 | No. of Page: 118 | Base Year: 2024 | Rating: 4.9 | Webstory: Check our Web story

Railway components mainly cover bogies, engines and other parts (couplers, body frames, etc.).
This report contains market size and forecasts of Rail Components in global, including the following market information:
Global Rail Components Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Rail Components Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Rail Components companies in 2021 (%)
The global Rail Components market was valued at 64790 million in 2021 and is projected to reach US$ 73500 million by 2028, at a CAGR of 1.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Bogie Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Rail Components include CRRC, Siemens, Bombardier, Alstom, Wabtec Corp, Hyundai Rotem, Stadler Rail, The Greenbrier Companies and Trinity Industries, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Rail Components manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Rail Components Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rail Components Market Segment Percentages, by Type, 2021 (%)
Bogie
Engine
Other
Global Rail Components Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rail Components Market Segment Percentages, by Application, 2021 (%)
OEMs
Aftermarket
Global Rail Components Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rail Components Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Rail Components revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Rail Components revenues share in global market, 2021 (%)
Key companies Rail Components sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Rail Components sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
CRRC
Siemens
Bombardier
Alstom
Wabtec Corp
Hyundai Rotem
Stadler Rail
The Greenbrier Companies
Trinity Industries
Construcciones Y Auxiliar De Ferrocarriles
Escorts Group
Hitachi
Progress Rail
Nippon Sharyo
Kawasaki Heavy Industries

Frequently Asked Questions
Rail Components Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Rail Components Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Rail Components Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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