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Global Rail Wheels Market Research Report 2024
Synopsis
A train wheel or Rail Wheel is a type of wheel specially designed for use on railway tracks. The wheel acts as a rolling component, typically pushed onto an axle and mounted directly on a railway carriage or locomotive, or indirectly on a bogie (in the UK), also called a truck (in North America). The powered wheels under the locomotive are called Driving Wheels. Wheels are initially cast or forged and then heat-treated to have a specific hardness.
The global Rail Wheels market was valued at US$ 3211.9 million in 2023 and is anticipated to reach US$ 4009.4 million by 2030, witnessing a CAGR of 2.9% during the forecast period 2024-2030.
Global core rail wheels manufacturers include Interpipe, Nippon Steel corporation, Standard Steel etc.The top 5 companies hold a share about 50%.Asia-Pacific is the largest market, with a share about 45%, followed by Europe and North America with the share about 30% and 15%.In terms of product, freight wagons is the largest segment, with a share about 75%. And in terms of application, the largest application is AM market, followed by OE market.
This report aims to provide a comprehensive presentation of the global market for Rail Wheels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rail Wheels.
Report Scope
The Rail Wheels market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Rail Wheels market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Rail Wheels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Interpipe
Nippon Steel corporation
Standard Steel
OMK Steel
Masteel Group
EVRAZ NTMK
ZHIQI RAILWAY EQUIPMENT
Amsted Rail
Taiyuan Heavy Industry
Bochumer Verein Verkehrstechnik (BVV)
GHH-Bonatrans
Lucchini RS
Datong ABC Castings Company Limited (DACC)
Xinyang Amsted Tonghe Wheels
CAF
Rail Wheels Factory
MWL
Comsteel
Segment by Type
High Speed
Freight Wagons
Passenger Wagons
Locos
Segment by Application
OE Market
AM Market
Production by Region
North America
Europe
China
Japan
India
Australia
Latin America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Rail Wheels manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Rail Wheels by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Rail Wheels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
A train wheel or Rail Wheel is a type of wheel specially designed for use on railway tracks. The wheel acts as a rolling component, typically pushed onto an axle and mounted directly on a railway carriage or locomotive, or indirectly on a bogie (in the UK), also called a truck (in North America). The powered wheels under the locomotive are called Driving Wheels. Wheels are initially cast or forged and then heat-treated to have a specific hardness.
The global Rail Wheels market was valued at US$ 3211.9 million in 2023 and is anticipated to reach US$ 4009.4 million by 2030, witnessing a CAGR of 2.9% during the forecast period 2024-2030.
Global core rail wheels manufacturers include Interpipe, Nippon Steel corporation, Standard Steel etc.The top 5 companies hold a share about 50%.Asia-Pacific is the largest market, with a share about 45%, followed by Europe and North America with the share about 30% and 15%.In terms of product, freight wagons is the largest segment, with a share about 75%. And in terms of application, the largest application is AM market, followed by OE market.
This report aims to provide a comprehensive presentation of the global market for Rail Wheels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rail Wheels.
Report Scope
The Rail Wheels market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Rail Wheels market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Rail Wheels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Interpipe
Nippon Steel corporation
Standard Steel
OMK Steel
Masteel Group
EVRAZ NTMK
ZHIQI RAILWAY EQUIPMENT
Amsted Rail
Taiyuan Heavy Industry
Bochumer Verein Verkehrstechnik (BVV)
GHH-Bonatrans
Lucchini RS
Datong ABC Castings Company Limited (DACC)
Xinyang Amsted Tonghe Wheels
CAF
Rail Wheels Factory
MWL
Comsteel
Segment by Type
High Speed
Freight Wagons
Passenger Wagons
Locos
Segment by Application
OE Market
AM Market
Production by Region
North America
Europe
China
Japan
India
Australia
Latin America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Rail Wheels manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Rail Wheels by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Rail Wheels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Rail Wheels Market Overview
1.1 Product Definition
1.2 Rail Wheels Segment by Type
1.2.1 Global Rail Wheels Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 High Speed
1.2.3 Freight Wagons
1.2.4 Passenger Wagons
1.2.5 Locos
1.3 Rail Wheels Segment by Application
1.3.1 Global Rail Wheels Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 OE Market
1.3.3 AM Market
1.4 Global Market Growth Prospects
1.4.1 Global Rail Wheels Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Rail Wheels Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Rail Wheels Production Estimates and Forecasts (2019-2030)
1.4.4 Global Rail Wheels Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Rail Wheels Production Market Share by Manufacturers (2019-2024)
2.2 Global Rail Wheels Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Rail Wheels, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Rail Wheels Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Rail Wheels Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Rail Wheels, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Rail Wheels, Product Offered and Application
2.8 Global Key Manufacturers of Rail Wheels, Date of Enter into This Industry
2.9 Rail Wheels Market Competitive Situation and Trends
2.9.1 Rail Wheels Market Concentration Rate
2.9.2 Global 5 and 10 Largest Rail Wheels Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Rail Wheels Production by Region
3.1 Global Rail Wheels Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Rail Wheels Production Value by Region (2019-2030)
3.2.1 Global Rail Wheels Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Rail Wheels by Region (2025-2030)
3.3 Global Rail Wheels Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Rail Wheels Production by Region (2019-2030)
3.4.1 Global Rail Wheels Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Rail Wheels by Region (2025-2030)
3.5 Global Rail Wheels Market Price Analysis by Region (2019-2024)
3.6 Global Rail Wheels Production and Value, Year-over-Year Growth
3.6.1 North America Rail Wheels Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Rail Wheels Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Rail Wheels Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Rail Wheels Production Value Estimates and Forecasts (2019-2030)
3.6.5 India Rail Wheels Production Value Estimates and Forecasts (2019-2030)
3.6.6 Australia Rail Wheels Production Value Estimates and Forecasts (2019-2030)
3.6.7 Latin America Rail Wheels Production Value Estimates and Forecasts (2019-2030)
4 Rail Wheels Consumption by Region
4.1 Global Rail Wheels Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Rail Wheels Consumption by Region (2019-2030)
4.2.1 Global Rail Wheels Consumption by Region (2019-2024)
4.2.2 Global Rail Wheels Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Rail Wheels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Rail Wheels Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Rail Wheels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Rail Wheels Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Rail Wheels Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Rail Wheels Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Rail Wheels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Rail Wheels Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Rail Wheels Production by Type (2019-2030)
5.1.1 Global Rail Wheels Production by Type (2019-2024)
5.1.2 Global Rail Wheels Production by Type (2025-2030)
5.1.3 Global Rail Wheels Production Market Share by Type (2019-2030)
5.2 Global Rail Wheels Production Value by Type (2019-2030)
5.2.1 Global Rail Wheels Production Value by Type (2019-2024)
5.2.2 Global Rail Wheels Production Value by Type (2025-2030)
5.2.3 Global Rail Wheels Production Value Market Share by Type (2019-2030)
5.3 Global Rail Wheels Price by Type (2019-2030)
6 Segment by Application
6.1 Global Rail Wheels Production by Application (2019-2030)
6.1.1 Global Rail Wheels Production by Application (2019-2024)
6.1.2 Global Rail Wheels Production by Application (2025-2030)
6.1.3 Global Rail Wheels Production Market Share by Application (2019-2030)
6.2 Global Rail Wheels Production Value by Application (2019-2030)
6.2.1 Global Rail Wheels Production Value by Application (2019-2024)
6.2.2 Global Rail Wheels Production Value by Application (2025-2030)
6.2.3 Global Rail Wheels Production Value Market Share by Application (2019-2030)
6.3 Global Rail Wheels Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Interpipe
7.1.1 Interpipe Rail Wheels Corporation Information
7.1.2 Interpipe Rail Wheels Product Portfolio
7.1.3 Interpipe Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Interpipe Main Business and Markets Served
7.1.5 Interpipe Recent Developments/Updates
7.2 Nippon Steel corporation
7.2.1 Nippon Steel corporation Rail Wheels Corporation Information
7.2.2 Nippon Steel corporation Rail Wheels Product Portfolio
7.2.3 Nippon Steel corporation Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Nippon Steel corporation Main Business and Markets Served
7.2.5 Nippon Steel corporation Recent Developments/Updates
7.3 Standard Steel
7.3.1 Standard Steel Rail Wheels Corporation Information
7.3.2 Standard Steel Rail Wheels Product Portfolio
7.3.3 Standard Steel Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Standard Steel Main Business and Markets Served
7.3.5 Standard Steel Recent Developments/Updates
7.4 OMK Steel
7.4.1 OMK Steel Rail Wheels Corporation Information
7.4.2 OMK Steel Rail Wheels Product Portfolio
7.4.3 OMK Steel Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.4.4 OMK Steel Main Business and Markets Served
7.4.5 OMK Steel Recent Developments/Updates
7.5 Masteel Group
7.5.1 Masteel Group Rail Wheels Corporation Information
7.5.2 Masteel Group Rail Wheels Product Portfolio
7.5.3 Masteel Group Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Masteel Group Main Business and Markets Served
7.5.5 Masteel Group Recent Developments/Updates
7.6 EVRAZ NTMK
7.6.1 EVRAZ NTMK Rail Wheels Corporation Information
7.6.2 EVRAZ NTMK Rail Wheels Product Portfolio
7.6.3 EVRAZ NTMK Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.6.4 EVRAZ NTMK Main Business and Markets Served
7.6.5 EVRAZ NTMK Recent Developments/Updates
7.7 ZHIQI RAILWAY EQUIPMENT
7.7.1 ZHIQI RAILWAY EQUIPMENT Rail Wheels Corporation Information
7.7.2 ZHIQI RAILWAY EQUIPMENT Rail Wheels Product Portfolio
7.7.3 ZHIQI RAILWAY EQUIPMENT Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.7.4 ZHIQI RAILWAY EQUIPMENT Main Business and Markets Served
7.7.5 ZHIQI RAILWAY EQUIPMENT Recent Developments/Updates
7.8 Amsted Rail
7.8.1 Amsted Rail Rail Wheels Corporation Information
7.8.2 Amsted Rail Rail Wheels Product Portfolio
7.8.3 Amsted Rail Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Amsted Rail Main Business and Markets Served
7.7.5 Amsted Rail Recent Developments/Updates
7.9 Taiyuan Heavy Industry
7.9.1 Taiyuan Heavy Industry Rail Wheels Corporation Information
7.9.2 Taiyuan Heavy Industry Rail Wheels Product Portfolio
7.9.3 Taiyuan Heavy Industry Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Taiyuan Heavy Industry Main Business and Markets Served
7.9.5 Taiyuan Heavy Industry Recent Developments/Updates
7.10 Bochumer Verein Verkehrstechnik (BVV)
7.10.1 Bochumer Verein Verkehrstechnik (BVV) Rail Wheels Corporation Information
7.10.2 Bochumer Verein Verkehrstechnik (BVV) Rail Wheels Product Portfolio
7.10.3 Bochumer Verein Verkehrstechnik (BVV) Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Bochumer Verein Verkehrstechnik (BVV) Main Business and Markets Served
7.10.5 Bochumer Verein Verkehrstechnik (BVV) Recent Developments/Updates
7.11 GHH-Bonatrans
7.11.1 GHH-Bonatrans Rail Wheels Corporation Information
7.11.2 GHH-Bonatrans Rail Wheels Product Portfolio
7.11.3 GHH-Bonatrans Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.11.4 GHH-Bonatrans Main Business and Markets Served
7.11.5 GHH-Bonatrans Recent Developments/Updates
7.12 Lucchini RS
7.12.1 Lucchini RS Rail Wheels Corporation Information
7.12.2 Lucchini RS Rail Wheels Product Portfolio
7.12.3 Lucchini RS Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Lucchini RS Main Business and Markets Served
7.12.5 Lucchini RS Recent Developments/Updates
7.13 Datong ABC Castings Company Limited (DACC)
7.13.1 Datong ABC Castings Company Limited (DACC) Rail Wheels Corporation Information
7.13.2 Datong ABC Castings Company Limited (DACC) Rail Wheels Product Portfolio
7.13.3 Datong ABC Castings Company Limited (DACC) Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Datong ABC Castings Company Limited (DACC) Main Business and Markets Served
7.13.5 Datong ABC Castings Company Limited (DACC) Recent Developments/Updates
7.14 Xinyang Amsted Tonghe Wheels
7.14.1 Xinyang Amsted Tonghe Wheels Rail Wheels Corporation Information
7.14.2 Xinyang Amsted Tonghe Wheels Rail Wheels Product Portfolio
7.14.3 Xinyang Amsted Tonghe Wheels Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Xinyang Amsted Tonghe Wheels Main Business and Markets Served
7.14.5 Xinyang Amsted Tonghe Wheels Recent Developments/Updates
7.15 CAF
7.15.1 CAF Rail Wheels Corporation Information
7.15.2 CAF Rail Wheels Product Portfolio
7.15.3 CAF Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.15.4 CAF Main Business and Markets Served
7.15.5 CAF Recent Developments/Updates
7.16 Rail Wheels Factory
7.16.1 Rail Wheels Factory Rail Wheels Corporation Information
7.16.2 Rail Wheels Factory Rail Wheels Product Portfolio
7.16.3 Rail Wheels Factory Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Rail Wheels Factory Main Business and Markets Served
7.16.5 Rail Wheels Factory Recent Developments/Updates
7.17 MWL
7.17.1 MWL Rail Wheels Corporation Information
7.17.2 MWL Rail Wheels Product Portfolio
7.17.3 MWL Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.17.4 MWL Main Business and Markets Served
7.17.5 MWL Recent Developments/Updates
7.18 Comsteel
7.18.1 Comsteel Rail Wheels Corporation Information
7.18.2 Comsteel Rail Wheels Product Portfolio
7.18.3 Comsteel Rail Wheels Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Comsteel Main Business and Markets Served
7.18.5 Comsteel Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Rail Wheels Industry Chain Analysis
8.2 Rail Wheels Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Rail Wheels Production Mode & Process
8.4 Rail Wheels Sales and Marketing
8.4.1 Rail Wheels Sales Channels
8.4.2 Rail Wheels Distributors
8.5 Rail Wheels Customers
9 Rail Wheels Market Dynamics
9.1 Rail Wheels Industry Trends
9.2 Rail Wheels Market Drivers
9.3 Rail Wheels Market Challenges
9.4 Rail Wheels Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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