Report Detail

Machinery & Equipment Global Locomotive Wheelsets Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4638303
  • |
  • 24 October, 2025
  • |
  • Global
  • |
  • 97 Pages
  • |
  • GIR
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  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Locomotive Wheelsets market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Locomotive wheelsets are combinations of wheels and axles designed for locomotives, specifically built to withstand greater traction and weight. They need to have high wear resistance and impact durability to cope with various track conditions and extended operational demands. The design of locomotive wheelsets directly affects the locomotive's operational efficiency and safety.
This report is a detailed and comprehensive analysis for global Locomotive Wheelsets market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Locomotive Wheelsets market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Locomotive Wheelsets market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Locomotive Wheelsets market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Locomotive Wheelsets market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Locomotive Wheelsets
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Locomotive Wheelsets market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Interpipe, Nippon Steel corporation, Masteel Group, ZHIQI RAILWAY EQUIPMENT, Bochumer Verein Verkehrstechnik (BVV), GHH-Bonatrans, Taiyuan Heavy Industry, OMK Steel, Amsted Rail, Lucchini RS, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Locomotive Wheelsets market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Rolled Steel Wheelsets
Cast Steel Wheelsets
Market segment by Application
OE Market
AM Market
Major players covered
Interpipe
Nippon Steel corporation
Masteel Group
ZHIQI RAILWAY EQUIPMENT
Bochumer Verein Verkehrstechnik (BVV)
GHH-Bonatrans
Taiyuan Heavy Industry
OMK Steel
Amsted Rail
Lucchini RS
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Locomotive Wheelsets product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Locomotive Wheelsets, with price, sales quantity, revenue, and global market share of Locomotive Wheelsets from 2020 to 2025.
Chapter 3, the Locomotive Wheelsets competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Locomotive Wheelsets breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Locomotive Wheelsets market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Locomotive Wheelsets.
Chapter 14 and 15, to describe Locomotive Wheelsets sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Locomotive Wheelsets Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Rolled Steel Wheelsets
    • 1.3.3 Cast Steel Wheelsets
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Locomotive Wheelsets Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 OE Market
    • 1.4.3 AM Market
  • 1.5 Global Locomotive Wheelsets Market Size & Forecast
    • 1.5.1 Global Locomotive Wheelsets Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Locomotive Wheelsets Sales Quantity (2020-2031)
    • 1.5.3 Global Locomotive Wheelsets Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Interpipe
    • 2.1.1 Interpipe Details
    • 2.1.2 Interpipe Major Business
    • 2.1.3 Interpipe Locomotive Wheelsets Product and Services
    • 2.1.4 Interpipe Locomotive Wheelsets Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Interpipe Recent Developments/Updates
  • 2.2 Nippon Steel corporation
    • 2.2.1 Nippon Steel corporation Details
    • 2.2.2 Nippon Steel corporation Major Business
    • 2.2.3 Nippon Steel corporation Locomotive Wheelsets Product and Services
    • 2.2.4 Nippon Steel corporation Locomotive Wheelsets Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Nippon Steel corporation Recent Developments/Updates
  • 2.3 Masteel Group
    • 2.3.1 Masteel Group Details
    • 2.3.2 Masteel Group Major Business
    • 2.3.3 Masteel Group Locomotive Wheelsets Product and Services
    • 2.3.4 Masteel Group Locomotive Wheelsets Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Masteel Group Recent Developments/Updates
  • 2.4 ZHIQI RAILWAY EQUIPMENT
    • 2.4.1 ZHIQI RAILWAY EQUIPMENT Details
    • 2.4.2 ZHIQI RAILWAY EQUIPMENT Major Business
    • 2.4.3 ZHIQI RAILWAY EQUIPMENT Locomotive Wheelsets Product and Services
    • 2.4.4 ZHIQI RAILWAY EQUIPMENT Locomotive Wheelsets Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 ZHIQI RAILWAY EQUIPMENT Recent Developments/Updates
  • 2.5 Bochumer Verein Verkehrstechnik (BVV)
    • 2.5.1 Bochumer Verein Verkehrstechnik (BVV) Details
    • 2.5.2 Bochumer Verein Verkehrstechnik (BVV) Major Business
    • 2.5.3 Bochumer Verein Verkehrstechnik (BVV) Locomotive Wheelsets Product and Services
    • 2.5.4 Bochumer Verein Verkehrstechnik (BVV) Locomotive Wheelsets Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Bochumer Verein Verkehrstechnik (BVV) Recent Developments/Updates
  • 2.6 GHH-Bonatrans
    • 2.6.1 GHH-Bonatrans Details
    • 2.6.2 GHH-Bonatrans Major Business
    • 2.6.3 GHH-Bonatrans Locomotive Wheelsets Product and Services
    • 2.6.4 GHH-Bonatrans Locomotive Wheelsets Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 GHH-Bonatrans Recent Developments/Updates
  • 2.7 Taiyuan Heavy Industry
    • 2.7.1 Taiyuan Heavy Industry Details
    • 2.7.2 Taiyuan Heavy Industry Major Business
    • 2.7.3 Taiyuan Heavy Industry Locomotive Wheelsets Product and Services
    • 2.7.4 Taiyuan Heavy Industry Locomotive Wheelsets Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Taiyuan Heavy Industry Recent Developments/Updates
  • 2.8 OMK Steel
    • 2.8.1 OMK Steel Details
    • 2.8.2 OMK Steel Major Business
    • 2.8.3 OMK Steel Locomotive Wheelsets Product and Services
    • 2.8.4 OMK Steel Locomotive Wheelsets Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 OMK Steel Recent Developments/Updates
  • 2.9 Amsted Rail
    • 2.9.1 Amsted Rail Details
    • 2.9.2 Amsted Rail Major Business
    • 2.9.3 Amsted Rail Locomotive Wheelsets Product and Services
    • 2.9.4 Amsted Rail Locomotive Wheelsets Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Amsted Rail Recent Developments/Updates
  • 2.10 Lucchini RS
    • 2.10.1 Lucchini RS Details
    • 2.10.2 Lucchini RS Major Business
    • 2.10.3 Lucchini RS Locomotive Wheelsets Product and Services
    • 2.10.4 Lucchini RS Locomotive Wheelsets Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Lucchini RS Recent Developments/Updates

3 Competitive Environment: Locomotive Wheelsets by Manufacturer

  • 3.1 Global Locomotive Wheelsets Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Locomotive Wheelsets Revenue by Manufacturer (2020-2025)
  • 3.3 Global Locomotive Wheelsets Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Locomotive Wheelsets by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Locomotive Wheelsets Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Locomotive Wheelsets Manufacturer Market Share in 2024
  • 3.5 Locomotive Wheelsets Market: Overall Company Footprint Analysis
    • 3.5.1 Locomotive Wheelsets Market: Region Footprint
    • 3.5.2 Locomotive Wheelsets Market: Company Product Type Footprint
    • 3.5.3 Locomotive Wheelsets Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Locomotive Wheelsets Market Size by Region
    • 4.1.1 Global Locomotive Wheelsets Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Locomotive Wheelsets Consumption Value by Region (2020-2031)
    • 4.1.3 Global Locomotive Wheelsets Average Price by Region (2020-2031)
  • 4.2 North America Locomotive Wheelsets Consumption Value (2020-2031)
  • 4.3 Europe Locomotive Wheelsets Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Locomotive Wheelsets Consumption Value (2020-2031)
  • 4.5 South America Locomotive Wheelsets Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Locomotive Wheelsets Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Locomotive Wheelsets Sales Quantity by Type (2020-2031)
  • 5.2 Global Locomotive Wheelsets Consumption Value by Type (2020-2031)
  • 5.3 Global Locomotive Wheelsets Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Locomotive Wheelsets Sales Quantity by Application (2020-2031)
  • 6.2 Global Locomotive Wheelsets Consumption Value by Application (2020-2031)
  • 6.3 Global Locomotive Wheelsets Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Locomotive Wheelsets Sales Quantity by Type (2020-2031)
  • 7.2 North America Locomotive Wheelsets Sales Quantity by Application (2020-2031)
  • 7.3 North America Locomotive Wheelsets Market Size by Country
    • 7.3.1 North America Locomotive Wheelsets Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Locomotive Wheelsets Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Locomotive Wheelsets Sales Quantity by Type (2020-2031)
  • 8.2 Europe Locomotive Wheelsets Sales Quantity by Application (2020-2031)
  • 8.3 Europe Locomotive Wheelsets Market Size by Country
    • 8.3.1 Europe Locomotive Wheelsets Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Locomotive Wheelsets Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Locomotive Wheelsets Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Locomotive Wheelsets Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Locomotive Wheelsets Market Size by Region
    • 9.3.1 Asia-Pacific Locomotive Wheelsets Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Locomotive Wheelsets Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Locomotive Wheelsets Sales Quantity by Type (2020-2031)
  • 10.2 South America Locomotive Wheelsets Sales Quantity by Application (2020-2031)
  • 10.3 South America Locomotive Wheelsets Market Size by Country
    • 10.3.1 South America Locomotive Wheelsets Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Locomotive Wheelsets Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Locomotive Wheelsets Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Locomotive Wheelsets Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Locomotive Wheelsets Market Size by Country
    • 11.3.1 Middle East & Africa Locomotive Wheelsets Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Locomotive Wheelsets Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Locomotive Wheelsets Market Drivers
  • 12.2 Locomotive Wheelsets Market Restraints
  • 12.3 Locomotive Wheelsets Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Locomotive Wheelsets and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Locomotive Wheelsets
  • 13.3 Locomotive Wheelsets Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Locomotive Wheelsets Typical Distributors
  • 14.3 Locomotive Wheelsets Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Locomotive Wheelsets. Industry analysis & Market Report on Locomotive Wheelsets is a syndicated market report, published as Global Locomotive Wheelsets Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Locomotive Wheelsets market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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