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Rail Wheel (Railway Wheel)-Global Market Insights and Sales Trends 2025

Rail Wheel (Railway Wheel)-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1824750

No of Pages : 119

Synopsis
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 global Rail Wheel (Railway Wheel) market size is expected to reach US$ 3515.5 million by 2029, growing at a CAGR of 2.1% from 2023 to 2029. The market is mainly driven by the significant applications of Rail Wheel (Railway Wheel) in various end use industries. The expanding demands from the OE Market and AM Market, are propelling Rail Wheel (Railway Wheel) market. High speed, 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 Freight Wagons segment is estimated at % CAGR for the next seven-year period.
Asia-Pacific is the largest Rail Wheel (Railway Wheel) market with about 45% market share. North America is follower, accounting for about 17% market share.
The key players are NSSMC, Interpipe, OMK Steel, EVRAZ NTMK, Bochumer Verein Verkehrstechnik (BVV), Lucchini RS, Rail Wheel Factory, GHH-Bonatrans, Amsted Rail, CAF, Comsteel, Magang (Group) Holding, Taiyuan Heavy Industry, Datong ABC Castings Company Limited (DACC), Xinyang Amsted Tonghe Wheels, ZHIQI RAILWAY EQUIPMENT etc. Top 3 companies occupied about 33% market share.
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 (Railway Wheel), 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 (Railway Wheel) 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 (Railway Wheel) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Rail Wheel (Railway Wheel) 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 (Railway Wheel) covered in this report include NSSMC, Interpipe, OMK Steel, EVRAZ NTMK, Bochumer Verein Verkehrstechnik (BVV), Lucchini RS, Rail Wheel Factory, GHH-Bonatrans and Amsted Rail, etc.
The global Rail Wheel (Railway Wheel) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NSSMC
Interpipe
OMK Steel
EVRAZ NTMK
Bochumer Verein Verkehrstechnik (BVV)
Lucchini RS
Rail Wheel Factory
GHH-Bonatrans
Amsted Rail
CAF
Comsteel
Magang (Group) Holding
Taiyuan Heavy Industry
Datong ABC Castings Company Limited (DACC)
Xinyang Amsted Tonghe Wheels
ZHIQI RAILWAY EQUIPMENT
Global Rail Wheel (Railway Wheel) 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 (Railway Wheel) market, Segment by Type:
High speed
Freight Wagons
Passenger Wagons
Locos
Global Rail Wheel (Railway Wheel) market, by Application
OE Market
AM Market
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 (Railway Wheel) 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 (Railway Wheel) 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.
Index
1 Rail Wheel (Railway Wheel) Market Overview
1.1 Rail Wheel (Railway Wheel) Product Overview
1.2 Rail Wheel (Railway Wheel) Market Segment by Type
1.2.1 High speed
1.2.2 Freight Wagons
1.2.3 Passenger Wagons
1.2.4 Locos
1.3 Global Rail Wheel (Railway Wheel) Market Size by Type
1.3.1 Global Rail Wheel (Railway Wheel) Market Size Overview by Type (2018-2029)
1.3.2 Global Rail Wheel (Railway Wheel) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Rail Wheel (Railway Wheel) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Rail Wheel (Railway Wheel) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Rail Wheel (Railway Wheel) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Rail Wheel (Railway Wheel) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Rail Wheel (Railway Wheel) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Rail Wheel (Railway Wheel) Sales Breakdown by Type (2018-2023)
2 Global Rail Wheel (Railway Wheel) Market Competition by Company
2.1 Global Top Players by Rail Wheel (Railway Wheel) Sales (2018-2023)
2.2 Global Top Players by Rail Wheel (Railway Wheel) Revenue (2018-2023)
2.3 Global Top Players by Rail Wheel (Railway Wheel) Price (2018-2023)
2.4 Global Top Manufacturers Rail Wheel (Railway Wheel) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Rail Wheel (Railway Wheel) Market Competitive Situation and Trends
2.5.1 Rail Wheel (Railway Wheel) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Rail Wheel (Railway Wheel) 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 (Railway Wheel) as of 2022)
2.7 Date of Key Manufacturers Enter into Rail Wheel (Railway Wheel) Market
2.8 Key Manufacturers Rail Wheel (Railway Wheel) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Rail Wheel (Railway Wheel) Status and Outlook by Region
3.1 Global Rail Wheel (Railway Wheel) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Rail Wheel (Railway Wheel) Historic Market Size by Region
3.2.1 Global Rail Wheel (Railway Wheel) Sales in Volume by Region (2018-2023)
3.2.2 Global Rail Wheel (Railway Wheel) Sales in Value by Region (2018-2023)
3.2.3 Global Rail Wheel (Railway Wheel) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Rail Wheel (Railway Wheel) Forecasted Market Size by Region
3.3.1 Global Rail Wheel (Railway Wheel) Sales in Volume by Region (2024-2029)
3.3.2 Global Rail Wheel (Railway Wheel) Sales in Value by Region (2024-2029)
3.3.3 Global Rail Wheel (Railway Wheel) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Rail Wheel (Railway Wheel) by Application
4.1 Rail Wheel (Railway Wheel) Market Segment by Application
4.1.1 OE Market
4.1.2 AM Market
4.2 Global Rail Wheel (Railway Wheel) Market Size by Application
4.2.1 Global Rail Wheel (Railway Wheel) Market Size Overview by Application (2018-2029)
4.2.2 Global Rail Wheel (Railway Wheel) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Rail Wheel (Railway Wheel) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Rail Wheel (Railway Wheel) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Rail Wheel (Railway Wheel) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Rail Wheel (Railway Wheel) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Rail Wheel (Railway Wheel) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Rail Wheel (Railway Wheel) Sales Breakdown by Application (2018-2023)
5 North America Rail Wheel (Railway Wheel) by Country
5.1 North America Rail Wheel (Railway Wheel) Historic Market Size by Country
5.1.1 North America Rail Wheel (Railway Wheel) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Rail Wheel (Railway Wheel) Sales in Volume by Country (2018-2023)
5.1.3 North America Rail Wheel (Railway Wheel) Sales in Value by Country (2018-2023)
5.2 North America Rail Wheel (Railway Wheel) Forecasted Market Size by Country
5.2.1 North America Rail Wheel (Railway Wheel) Sales in Volume by Country (2024-2029)
5.2.2 North America Rail Wheel (Railway Wheel) Sales in Value by Country (2024-2029)
6 Europe Rail Wheel (Railway Wheel) by Country
6.1 Europe Rail Wheel (Railway Wheel) Historic Market Size by Country
6.1.1 Europe Rail Wheel (Railway Wheel) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Rail Wheel (Railway Wheel) Sales in Volume by Country (2018-2023)
6.1.3 Europe Rail Wheel (Railway Wheel) Sales in Value by Country (2018-2023)
6.2 Europe Rail Wheel (Railway Wheel) Forecasted Market Size by Country
6.2.1 Europe Rail Wheel (Railway Wheel) Sales in Volume by Country (2024-2029)
6.2.2 Europe Rail Wheel (Railway Wheel) Sales in Value by Country (2024-2029)
7 Asia-Pacific Rail Wheel (Railway Wheel) by Region
7.1 Asia-Pacific Rail Wheel (Railway Wheel) Historic Market Size by Region
7.1.1 Asia-Pacific Rail Wheel (Railway Wheel) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Rail Wheel (Railway Wheel) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Rail Wheel (Railway Wheel) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Rail Wheel (Railway Wheel) Forecasted Market Size by Region
7.2.1 Asia-Pacific Rail Wheel (Railway Wheel) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Rail Wheel (Railway Wheel) Sales in Value by Region (2024-2029)
8 Latin America Rail Wheel (Railway Wheel) by Country
8.1 Latin America Rail Wheel (Railway Wheel) Historic Market Size by Country
8.1.1 Latin America Rail Wheel (Railway Wheel) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Rail Wheel (Railway Wheel) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Rail Wheel (Railway Wheel) Sales in Value by Country (2018-2023)
8.2 Latin America Rail Wheel (Railway Wheel) Forecasted Market Size by Country
8.2.1 Latin America Rail Wheel (Railway Wheel) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Rail Wheel (Railway Wheel) Sales in Value by Country (2024-2029)
9 Middle East and Africa Rail Wheel (Railway Wheel) by Country
9.1 Middle East and Africa Rail Wheel (Railway Wheel) Historic Market Size by Country
9.1.1 Middle East and Africa Rail Wheel (Railway Wheel) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Rail Wheel (Railway Wheel) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Rail Wheel (Railway Wheel) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Rail Wheel (Railway Wheel) Forecasted Market Size by Country
9.2.1 Middle East and Africa Rail Wheel (Railway Wheel) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Rail Wheel (Railway Wheel) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 NSSMC
10.1.1 NSSMC Company Information
10.1.2 NSSMC Introduction and Business Overview
10.1.3 NSSMC Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 NSSMC Rail Wheel (Railway Wheel) Products Offered
10.1.5 NSSMC Recent Development
10.2 Interpipe
10.2.1 Interpipe Company Information
10.2.2 Interpipe Introduction and Business Overview
10.2.3 Interpipe Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Interpipe Rail Wheel (Railway Wheel) Products Offered
10.2.5 Interpipe Recent Development
10.3 OMK Steel
10.3.1 OMK Steel Company Information
10.3.2 OMK Steel Introduction and Business Overview
10.3.3 OMK Steel Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 OMK Steel Rail Wheel (Railway Wheel) Products Offered
10.3.5 OMK Steel Recent Development
10.4 EVRAZ NTMK
10.4.1 EVRAZ NTMK Company Information
10.4.2 EVRAZ NTMK Introduction and Business Overview
10.4.3 EVRAZ NTMK Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 EVRAZ NTMK Rail Wheel (Railway Wheel) Products Offered
10.4.5 EVRAZ NTMK Recent Development
10.5 Bochumer Verein Verkehrstechnik (BVV)
10.5.1 Bochumer Verein Verkehrstechnik (BVV) Company Information
10.5.2 Bochumer Verein Verkehrstechnik (BVV) Introduction and Business Overview
10.5.3 Bochumer Verein Verkehrstechnik (BVV) Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Bochumer Verein Verkehrstechnik (BVV) Rail Wheel (Railway Wheel) Products Offered
10.5.5 Bochumer Verein Verkehrstechnik (BVV) Recent Development
10.6 Lucchini RS
10.6.1 Lucchini RS Company Information
10.6.2 Lucchini RS Introduction and Business Overview
10.6.3 Lucchini RS Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lucchini RS Rail Wheel (Railway Wheel) Products Offered
10.6.5 Lucchini RS Recent Development
10.7 Rail Wheel Factory
10.7.1 Rail Wheel Factory Company Information
10.7.2 Rail Wheel Factory Introduction and Business Overview
10.7.3 Rail Wheel Factory Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Rail Wheel Factory Rail Wheel (Railway Wheel) Products Offered
10.7.5 Rail Wheel Factory Recent Development
10.8 GHH-Bonatrans
10.8.1 GHH-Bonatrans Company Information
10.8.2 GHH-Bonatrans Introduction and Business Overview
10.8.3 GHH-Bonatrans Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 GHH-Bonatrans Rail Wheel (Railway Wheel) Products Offered
10.8.5 GHH-Bonatrans Recent Development
10.9 Amsted Rail
10.9.1 Amsted Rail Company Information
10.9.2 Amsted Rail Introduction and Business Overview
10.9.3 Amsted Rail Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Amsted Rail Rail Wheel (Railway Wheel) Products Offered
10.9.5 Amsted Rail Recent Development
10.10 CAF
10.10.1 CAF Company Information
10.10.2 CAF Introduction and Business Overview
10.10.3 CAF Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 CAF Rail Wheel (Railway Wheel) Products Offered
10.10.5 CAF Recent Development
10.11 Comsteel
10.11.1 Comsteel Company Information
10.11.2 Comsteel Introduction and Business Overview
10.11.3 Comsteel Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Comsteel Rail Wheel (Railway Wheel) Products Offered
10.11.5 Comsteel Recent Development
10.12 Magang (Group) Holding
10.12.1 Magang (Group) Holding Company Information
10.12.2 Magang (Group) Holding Introduction and Business Overview
10.12.3 Magang (Group) Holding Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Magang (Group) Holding Rail Wheel (Railway Wheel) Products Offered
10.12.5 Magang (Group) Holding Recent Development
10.13 Taiyuan Heavy Industry
10.13.1 Taiyuan Heavy Industry Company Information
10.13.2 Taiyuan Heavy Industry Introduction and Business Overview
10.13.3 Taiyuan Heavy Industry Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Taiyuan Heavy Industry Rail Wheel (Railway Wheel) Products Offered
10.13.5 Taiyuan Heavy Industry Recent Development
10.14 Datong ABC Castings Company Limited (DACC)
10.14.1 Datong ABC Castings Company Limited (DACC) Company Information
10.14.2 Datong ABC Castings Company Limited (DACC) Introduction and Business Overview
10.14.3 Datong ABC Castings Company Limited (DACC) Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Datong ABC Castings Company Limited (DACC) Rail Wheel (Railway Wheel) Products Offered
10.14.5 Datong ABC Castings Company Limited (DACC) Recent Development
10.15 Xinyang Amsted Tonghe Wheels
10.15.1 Xinyang Amsted Tonghe Wheels Company Information
10.15.2 Xinyang Amsted Tonghe Wheels Introduction and Business Overview
10.15.3 Xinyang Amsted Tonghe Wheels Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Xinyang Amsted Tonghe Wheels Rail Wheel (Railway Wheel) Products Offered
10.15.5 Xinyang Amsted Tonghe Wheels Recent Development
10.16 ZHIQI RAILWAY EQUIPMENT
10.16.1 ZHIQI RAILWAY EQUIPMENT Company Information
10.16.2 ZHIQI RAILWAY EQUIPMENT Introduction and Business Overview
10.16.3 ZHIQI RAILWAY EQUIPMENT Rail Wheel (Railway Wheel) Sales, Revenue and Gross Margin (2018-2023)
10.16.4 ZHIQI RAILWAY EQUIPMENT Rail Wheel (Railway Wheel) Products Offered
10.16.5 ZHIQI RAILWAY EQUIPMENT Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Rail Wheel (Railway Wheel) 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 (Railway Wheel) Industrial Chain Analysis
11.4 Rail Wheel (Railway Wheel) Market Dynamics
11.4.1 Rail Wheel (Railway Wheel) Industry Trends
11.4.2 Rail Wheel (Railway Wheel) Market Drivers
11.4.3 Rail Wheel (Railway Wheel) Market Challenges
11.4.4 Rail Wheel (Railway Wheel) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Rail Wheel (Railway Wheel) Distributors
12.3 Rail Wheel (Railway Wheel) 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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