According to our (Global Info Research) latest study, the global Railway Axles market size was valued at USD 856.4 million in 2022 and is forecast to a readjusted size of USD 1002 million by 2029 with a CAGR of 2.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of railway axles include Evraz, Taiyuan Heavy, Lucchini RS, GHH-Bontrans, Amsted Rail, etc. The top five players hold a share about 44%. The largest market is Asia-Pacific, with a share about 47%, followed by Europe and North America, with share 28% and 20%, separately.
An axle is a rod or shaft that rotates the wheels and supports the weight of railway vehicle.
This report is a detailed and comprehensive analysis for global Railway Axles 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 2023, are provided.
Key Features:
Global Railway Axles market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Railway Axles market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Railway Axles market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Railway Axles market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
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 Railway Axles
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 Railway Axles market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Evraz, Taiyuan Heavy, Lucchini RS, GHH-Bontrans and Amsted Rail, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Railway Axles market is split by Type and by Application. For the period 2018-2029, 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
Solid Axles
Hollow Axles
Market segment by Application
Freight Wagons
Passenger Wagons
Locos
High Speed
Major players covered
Evraz
Taiyuan Heavy
Lucchini RS
GHH-Bontrans
Amsted Rail
Standard Steel
Rail Wheel Factory
Jinxi Axle Company
Bochumer Verein Verkehrstechnik (BVV)
Standard Forged Products
Masteel
Kolowag
CAF
MWL
Semco
NSC
CRRC Datong
Comsteel
Interpipe
Jiangsu Railteco
Swasap
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 Railway Axles product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Railway Axles, with price, sales, revenue and global market share of Railway Axles from 2018 to 2023.
Chapter 3, the Railway Axles competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Railway Axles breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2017 to 2022.and Railway Axles market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Railway Axles.
Chapter 14 and 15, to describe Railway Axles sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Railway Axles. Industry analysis & Market Report on Railway Axles is a syndicated market report, published as Global Railway Axles Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Railway Axles market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.