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Rail Wheel and Axle-Global Market Insights and Sales Trends 2025
Synopsis
A rail wheel is a type of wheel specially designed for use on rail tracks. A rolling component is typically pressed onto an axle and mounted directly on a rail car or locomotive or indirectly on a bogie, also called a truck. Wheels are cast or forged and are heat-treated to have a specific hardness.
The global Rail Wheel and Axle market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Rail Wheel and Axle in various end use industries. The expanding demands from the Unit Trains, Mixed Freight Trains and Intermodal Trains,, are propelling Rail Wheel and Axle market. Rolled Wheels & Axles for Railways, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Forged Wheels & Axles for Railways segment is estimated at % CAGR for the next seven-year period.
In the Europe wide, major salers mainly are GHH-BONATRANS, Lucchini RS, EVRAZ NTMK, GMH-Gruppe, Interpipe, OMK, Amsted Rail, Masteel, NSSMC, Kolowag and etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Rail Wheel and Axle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Rail Wheel and Axle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Rail Wheel and Axle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Rail Wheel and Axle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Rail Wheel and Axle covered in this report include GHH-BONATRANS, Lucchini RS, EVRAZ NTMK, GMH-Gruppe, Interpipe, OMK, Amsted Rail, Masteel and NSSMC, etc.
The global Rail Wheel and Axle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GHH-BONATRANS
Lucchini RS
EVRAZ NTMK
GMH-Gruppe
Interpipe
OMK
Amsted Rail
Masteel
NSSMC
Kolowag
Global Rail Wheel and Axle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Rail Wheel and Axle market, Segment by Type:
Rolled Wheels & Axles for Railways
Forged Wheels & Axles for Railways
Global Rail Wheel and Axle market, by Application
Unit Trains
Mixed Freight Trains
Intermodal Trains
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Rail Wheel and Axle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Rail Wheel and Axle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A rail wheel is a type of wheel specially designed for use on rail tracks. A rolling component is typically pressed onto an axle and mounted directly on a rail car or locomotive or indirectly on a bogie, also called a truck. Wheels are cast or forged and are heat-treated to have a specific hardness.
The global Rail Wheel and Axle market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Rail Wheel and Axle in various end use industries. The expanding demands from the Unit Trains, Mixed Freight Trains and Intermodal Trains,, are propelling Rail Wheel and Axle market. Rolled Wheels & Axles for Railways, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Forged Wheels & Axles for Railways segment is estimated at % CAGR for the next seven-year period.
In the Europe wide, major salers mainly are GHH-BONATRANS, Lucchini RS, EVRAZ NTMK, GMH-Gruppe, Interpipe, OMK, Amsted Rail, Masteel, NSSMC, Kolowag and etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Rail Wheel and Axle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Rail Wheel and Axle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Rail Wheel and Axle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Rail Wheel and Axle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Rail Wheel and Axle covered in this report include GHH-BONATRANS, Lucchini RS, EVRAZ NTMK, GMH-Gruppe, Interpipe, OMK, Amsted Rail, Masteel and NSSMC, etc.
The global Rail Wheel and Axle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GHH-BONATRANS
Lucchini RS
EVRAZ NTMK
GMH-Gruppe
Interpipe
OMK
Amsted Rail
Masteel
NSSMC
Kolowag
Global Rail Wheel and Axle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Rail Wheel and Axle market, Segment by Type:
Rolled Wheels & Axles for Railways
Forged Wheels & Axles for Railways
Global Rail Wheel and Axle market, by Application
Unit Trains
Mixed Freight Trains
Intermodal Trains
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Rail Wheel and Axle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Rail Wheel and Axle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Rail Wheel and Axle Market Overview
1.1 Rail Wheel and Axle Product Overview
1.2 Rail Wheel and Axle Market Segment by Type
1.2.1 Rolled Wheels & Axles for Railways
1.2.2 Forged Wheels & Axles for Railways
1.3 Global Rail Wheel and Axle Market Size by Type
1.3.1 Global Rail Wheel and Axle Market Size Overview by Type (2018-2029)
1.3.2 Global Rail Wheel and Axle Historic Market Size Review by Type (2018-2023)
1.3.3 Global Rail Wheel and Axle Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Rail Wheel and Axle Sales Breakdown by Type (2018-2023)
1.4.2 Europe Rail Wheel and Axle Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Rail Wheel and Axle Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Rail Wheel and Axle Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Rail Wheel and Axle Sales Breakdown by Type (2018-2023)
2 Global Rail Wheel and Axle Market Competition by Company
2.1 Global Top Players by Rail Wheel and Axle Sales (2018-2023)
2.2 Global Top Players by Rail Wheel and Axle Revenue (2018-2023)
2.3 Global Top Players by Rail Wheel and Axle Price (2018-2023)
2.4 Global Top Manufacturers Rail Wheel and Axle Manufacturing Base Distribution, Sales Area, Product Type
2.5 Rail Wheel and Axle Market Competitive Situation and Trends
2.5.1 Rail Wheel and Axle Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Rail Wheel and Axle Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Rail Wheel and Axle as of 2022)
2.7 Date of Key Manufacturers Enter into Rail Wheel and Axle Market
2.8 Key Manufacturers Rail Wheel and Axle Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Rail Wheel and Axle Status and Outlook by Region
3.1 Global Rail Wheel and Axle Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Rail Wheel and Axle Historic Market Size by Region
3.2.1 Global Rail Wheel and Axle Sales in Volume by Region (2018-2023)
3.2.2 Global Rail Wheel and Axle Sales in Value by Region (2018-2023)
3.2.3 Global Rail Wheel and Axle Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Rail Wheel and Axle Forecasted Market Size by Region
3.3.1 Global Rail Wheel and Axle Sales in Volume by Region (2024-2029)
3.3.2 Global Rail Wheel and Axle Sales in Value by Region (2024-2029)
3.3.3 Global Rail Wheel and Axle Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Rail Wheel and Axle by Application
4.1 Rail Wheel and Axle Market Segment by Application
4.1.1 Unit Trains
4.1.2 Mixed Freight Trains
4.1.3 Intermodal Trains
4.2 Global Rail Wheel and Axle Market Size by Application
4.2.1 Global Rail Wheel and Axle Market Size Overview by Application (2018-2029)
4.2.2 Global Rail Wheel and Axle Historic Market Size Review by Application (2018-2023)
4.2.3 Global Rail Wheel and Axle Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Rail Wheel and Axle Sales Breakdown by Application (2018-2023)
4.3.2 Europe Rail Wheel and Axle Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Rail Wheel and Axle Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Rail Wheel and Axle Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Rail Wheel and Axle Sales Breakdown by Application (2018-2023)
5 North America Rail Wheel and Axle by Country
5.1 North America Rail Wheel and Axle Historic Market Size by Country
5.1.1 North America Rail Wheel and Axle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Rail Wheel and Axle Sales in Volume by Country (2018-2023)
5.1.3 North America Rail Wheel and Axle Sales in Value by Country (2018-2023)
5.2 North America Rail Wheel and Axle Forecasted Market Size by Country
5.2.1 North America Rail Wheel and Axle Sales in Volume by Country (2024-2029)
5.2.2 North America Rail Wheel and Axle Sales in Value by Country (2024-2029)
6 Europe Rail Wheel and Axle by Country
6.1 Europe Rail Wheel and Axle Historic Market Size by Country
6.1.1 Europe Rail Wheel and Axle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Rail Wheel and Axle Sales in Volume by Country (2018-2023)
6.1.3 Europe Rail Wheel and Axle Sales in Value by Country (2018-2023)
6.2 Europe Rail Wheel and Axle Forecasted Market Size by Country
6.2.1 Europe Rail Wheel and Axle Sales in Volume by Country (2024-2029)
6.2.2 Europe Rail Wheel and Axle Sales in Value by Country (2024-2029)
7 Asia-Pacific Rail Wheel and Axle by Region
7.1 Asia-Pacific Rail Wheel and Axle Historic Market Size by Region
7.1.1 Asia-Pacific Rail Wheel and Axle Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Rail Wheel and Axle Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Rail Wheel and Axle Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Rail Wheel and Axle Forecasted Market Size by Region
7.2.1 Asia-Pacific Rail Wheel and Axle Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Rail Wheel and Axle Sales in Value by Region (2024-2029)
8 Latin America Rail Wheel and Axle by Country
8.1 Latin America Rail Wheel and Axle Historic Market Size by Country
8.1.1 Latin America Rail Wheel and Axle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Rail Wheel and Axle Sales in Volume by Country (2018-2023)
8.1.3 Latin America Rail Wheel and Axle Sales in Value by Country (2018-2023)
8.2 Latin America Rail Wheel and Axle Forecasted Market Size by Country
8.2.1 Latin America Rail Wheel and Axle Sales in Volume by Country (2024-2029)
8.2.2 Latin America Rail Wheel and Axle Sales in Value by Country (2024-2029)
9 Middle East and Africa Rail Wheel and Axle by Country
9.1 Middle East and Africa Rail Wheel and Axle Historic Market Size by Country
9.1.1 Middle East and Africa Rail Wheel and Axle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Rail Wheel and Axle Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Rail Wheel and Axle Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Rail Wheel and Axle Forecasted Market Size by Country
9.2.1 Middle East and Africa Rail Wheel and Axle Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Rail Wheel and Axle Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GHH-BONATRANS
10.1.1 GHH-BONATRANS Company Information
10.1.2 GHH-BONATRANS Introduction and Business Overview
10.1.3 GHH-BONATRANS Rail Wheel and Axle Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GHH-BONATRANS Rail Wheel and Axle Products Offered
10.1.5 GHH-BONATRANS Recent Development
10.2 Lucchini RS
10.2.1 Lucchini RS Company Information
10.2.2 Lucchini RS Introduction and Business Overview
10.2.3 Lucchini RS Rail Wheel and Axle Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Lucchini RS Rail Wheel and Axle Products Offered
10.2.5 Lucchini RS Recent Development
10.3 EVRAZ NTMK
10.3.1 EVRAZ NTMK Company Information
10.3.2 EVRAZ NTMK Introduction and Business Overview
10.3.3 EVRAZ NTMK Rail Wheel and Axle Sales, Revenue and Gross Margin (2018-2023)
10.3.4 EVRAZ NTMK Rail Wheel and Axle Products Offered
10.3.5 EVRAZ NTMK Recent Development
10.4 GMH-Gruppe
10.4.1 GMH-Gruppe Company Information
10.4.2 GMH-Gruppe Introduction and Business Overview
10.4.3 GMH-Gruppe Rail Wheel and Axle Sales, Revenue and Gross Margin (2018-2023)
10.4.4 GMH-Gruppe Rail Wheel and Axle Products Offered
10.4.5 GMH-Gruppe Recent Development
10.5 Interpipe
10.5.1 Interpipe Company Information
10.5.2 Interpipe Introduction and Business Overview
10.5.3 Interpipe Rail Wheel and Axle Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Interpipe Rail Wheel and Axle Products Offered
10.5.5 Interpipe Recent Development
10.6 OMK
10.6.1 OMK Company Information
10.6.2 OMK Introduction and Business Overview
10.6.3 OMK Rail Wheel and Axle Sales, Revenue and Gross Margin (2018-2023)
10.6.4 OMK Rail Wheel and Axle Products Offered
10.6.5 OMK Recent Development
10.7 Amsted Rail
10.7.1 Amsted Rail Company Information
10.7.2 Amsted Rail Introduction and Business Overview
10.7.3 Amsted Rail Rail Wheel and Axle Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Amsted Rail Rail Wheel and Axle Products Offered
10.7.5 Amsted Rail Recent Development
10.8 Masteel
10.8.1 Masteel Company Information
10.8.2 Masteel Introduction and Business Overview
10.8.3 Masteel Rail Wheel and Axle Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Masteel Rail Wheel and Axle Products Offered
10.8.5 Masteel Recent Development
10.9 NSSMC
10.9.1 NSSMC Company Information
10.9.2 NSSMC Introduction and Business Overview
10.9.3 NSSMC Rail Wheel and Axle Sales, Revenue and Gross Margin (2018-2023)
10.9.4 NSSMC Rail Wheel and Axle Products Offered
10.9.5 NSSMC Recent Development
10.10 Kolowag
10.10.1 Kolowag Company Information
10.10.2 Kolowag Introduction and Business Overview
10.10.3 Kolowag Rail Wheel and Axle Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Kolowag Rail Wheel and Axle Products Offered
10.10.5 Kolowag Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Rail Wheel and Axle Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Rail Wheel and Axle Industrial Chain Analysis
11.4 Rail Wheel and Axle Market Dynamics
11.4.1 Rail Wheel and Axle Industry Trends
11.4.2 Rail Wheel and Axle Market Drivers
11.4.3 Rail Wheel and Axle Market Challenges
11.4.4 Rail Wheel and Axle Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Rail Wheel and Axle Distributors
12.3 Rail Wheel and Axle Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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