Global (AMER, APAC, BRICS and EMEA) Rail Wheels Market Research Report 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Rail Wheels Market



Rail Wheels a type of Wheel specially designed for use on rail tracks. The Wheels is on the rails without guidance except for the shape of the tyre in relation to the rail head. Contrary to popular belief, the flanges should not touch the rails. Flanges are only a last resort to prevent the wheels becoming derailed - they're a safety feature. The Wheel tyre is coned and the rail head slightly curved.  Ideally, the Wheel profile should be determined by agreement between the railway infrastructure owner and the rolling stock owner. Of course, it varies from place to place but it is rarely a simple angle. It's usually a carefully calculated compound form. With respect to the rail angle, in the UK for example, it is set at 1 in 20 (1/20 or 0.05). In the US and France it's usually at 1/40. Light rail systems operating over roadways will have special profiles. The rail wheel industry is related to the national economy so rail wheels' manufacturers are usually large companies. The leading players are NSSMC, Interpipe, OMK Steel. In each region, there are local suppliers dominate the market and they are working hard to seize more market by strengthening their sales and distribution networks. Based on the Rail Wheels application, the Rail Wheels market is sub-segmented into several major applications, like High speed, Freight Wagons, Passenger Wagons, Locos, etc. In 2018, Freight Wagons for a major share of 75.28%. In 2019, the market size of Rail Wheels is 2473 million US$ and it will reach 2842.3 million US$ in 2025, growing at a CAGR of 1.1% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Rail Wheels. This report studies the global market size of Rail Wheels, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Rail Wheels production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019. 

Market Segmentation, Outlook & Regional Insights: Rail Wheels Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
High speed
Freight Wagons
Passenger Wagons
LocosFreight Wagons is the largest segment with a market share of 75.28% in 2018.

Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:

OE Market
AM MarketRail Wheel is more used in AM market, with a market share of 64.89% in 2018.

Key Players, Recent Developments & Sector Viewpoints: Rail Wheels Market
  
NSSMC
Interpipe
OMK Steel
EVRAZ NTMK
Bochumer Verein Verkehrstechnik (BVV)
Lucchini RS
Rail Wheel Factory
GHH-Bonatrans
Durgapur Steel Plant
Amsted Rail
CAF
Comsteel
Masteel
Taiyuan Heavy Industry
Datong ABC Castings Company
Xinyang Tonghe wheels
Zhibo Lucchini Railway Equipment

Key Insights Covered: Exhaustive Rail Wheels Market
1.  Market size (sales, revenue and growth rate) of Rail Wheels industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Rail Wheels industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Rail Wheels industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Rail Wheels industry.

Research Methodology: Rail Wheels Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.