This report is focus on the global rail market. Rail is the most important component of rail track system. The train will run on the parallel rails, carrying passengers and freight. Fixed on the sleepers, rails pass the load of trains to sleepers. Rails generally described and specified by their weight per unit length. The minimum weight per meter of rail required depends on the maximum axle load of the trains that will run on the track. Generally, the heavier the rails and the rest of the track work, the heavier and faster the trains these tracks can carry. Rails represent a substantial fraction of the cost of a railway line. Only a small number of rail sizes are made by steelworks at one time, so a railway must choose the nearest suitable size.
Rails are the most important components of rail track system. The development of rail market has a close relationship with railway industry, which is one of the major solutions of passengers and freight transport. In recent years, the global rail market enjoyed a growth rate as high as 5% (production).
In the last several years, developing regions are the major consumption market. To deal with the global economic crisis of 2008, China government have made mass infrastructure project, especially in rail infrastructure. With several years of development, China has the second longest rail line in the world and more than half of the high-speed rail in the global. And the rail market growth rate of China is slowing and stay on the global average level.
According to this study, over the next five years the Rail market will register a 4.5% CAGR in terms of revenue, the global market size will reach USD 820 million by 2024, from USD 660 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Rail business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Rail market by product type, application, key manufacturers and key regions and countries.
This study considers the Rail value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Heavy Rail
Light Rail
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Train Rail
Gantry Crane's Rail
Temporary Transport
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
EVRAZ
ArcelorMittal
Tata Steel
NSSMC
Voestalpine
SAIL
JFE Steel
Mechel
ThyssenKrupp
Atlantic Track
Arrium
Getzner Werkstoffe
Harmer Steel
RailOne
Ansteel
BaoTou Steel
Hesteel
Wuhan Iron and Steel
Hebei Yongyang
Hangzhou Iron and Steel
Xilin Iron and Steel
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Rail consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Rail market by identifying its various subsegments.
Focuses on the key global Rail manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Rail with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Rail submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
