Description
Introduction
According to LPI’s (LP Information) latest study, the global Railway Vehicle Wheels market size was valued at US$ 2822.3 million in 2023. With growing demand in downstream market, the Railway Vehicle Wheels is forecast to a readjusted size of US$ 3099.7 million by 2030 with a CAGR of 1.3% during review period.
The wheels of a railway vehicle support the full load of the vehicle and are as important a part of the safe operation of a railway train as the axles.According to the manufacturing method, the wheels can be divided into rolled steel (rolling) wheels and cast steel (casting) wheels.According to the use can be divided into railway passenger cars, railway freight cars, locomotives, subways, high-speed trains.
Wheel structure: the place where the axle is installed is the hub. The place where the wheel contacts with the rail is the rim. Between the hub and the rim is the plate.The flat contact part between the rim and the rail head is the tread, and the prominent part of the rim is the rim.
Global Railway Vehicle Wheels key players include NSSMC, Interpipe, OMK Steel, EVRAZ NTMK, etc.
Key Features
The report on Railway Vehicle Wheels market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Railway Vehicle Wheels market. It may include historical data, market segmentation by Type (e.g., Rolling Steel Wheel, Cast Steel Wheel), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Railway Vehicle Wheels market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Railway Vehicle Wheels market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Railway Vehicle Wheels industry. This include advancements in Railway Vehicle Wheels technology, Railway Vehicle Wheels new entrants, Railway Vehicle Wheels new investment, and other innovations that are shaping the future of Railway Vehicle Wheels.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Railway Vehicle Wheels market. It includes factors influencing customer ‘ purchasing decisions, preferences for Railway Vehicle Wheels product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Railway Vehicle Wheels market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Railway Vehicle Wheels market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Railway Vehicle Wheels market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Railway Vehicle Wheels industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Railway Vehicle Wheels market.
Market Segmentation:
Railway Vehicle Wheels market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Rolling Steel Wheel
Cast Steel Wheel
Segmentation by application
Railway Passenger Car
Railway Wagon
Locomotive
High Speed Train
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company’s coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
- What is the 10-year outlook for the global Railway Vehicle Wheels market?
- What factors are driving Railway Vehicle Wheels market growth, globally and by region?
- Which technologies are poised for the fastest growth by market and region?
- How do Railway Vehicle Wheels market opportunities vary by end market size?
- How does Railway Vehicle Wheels break out type, application?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Railway Vehicle Wheels Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Railway Vehicle Wheels by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Railway Vehicle Wheels by Country/Region, 2019, 2023 & 2030
2.2 Railway Vehicle Wheels Segment by Type
2.2.1 Rolling Steel Wheel
2.2.2 Cast Steel Wheel
2.3 Railway Vehicle Wheels Sales by Type
2.3.1 Global Railway Vehicle Wheels Sales Market Share by Type (2019-2024)
2.3.2 Global Railway Vehicle Wheels Revenue and Market Share by Type (2019-2024)
2.3.3 Global Railway Vehicle Wheels Sale Price by Type (2019-2024)
2.4 Railway Vehicle Wheels Segment by Application
2.4.1 Railway Passenger Car
2.4.2 Railway Wagon
2.4.3 Locomotive
2.4.4 High Speed Train
2.4.5 Other
2.5 Railway Vehicle Wheels Sales by Application
2.5.1 Global Railway Vehicle Wheels Sale Market Share by Application (2019-2024)
2.5.2 Global Railway Vehicle Wheels Revenue and Market Share by Application (2019-2024)
2.5.3 Global Railway Vehicle Wheels Sale Price by Application (2019-2024)
3 Global Railway Vehicle Wheels by Company
3.1 Global Railway Vehicle Wheels Breakdown Data by Company
3.1.1 Global Railway Vehicle Wheels Annual Sales by Company (2019-2024)
3.1.2 Global Railway Vehicle Wheels Sales Market Share by Company (2019-2024)
3.2 Global Railway Vehicle Wheels Annual Revenue by Company (2019-2024)
3.2.1 Global Railway Vehicle Wheels Revenue by Company (2019-2024)
3.2.2 Global Railway Vehicle Wheels Revenue Market Share by Company (2019-2024)
3.3 Global Railway Vehicle Wheels Sale Price by Company
3.4 Key Manufacturers Railway Vehicle Wheels Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Railway Vehicle Wheels Product Location Distribution
3.4.2 Players Railway Vehicle Wheels Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Railway Vehicle Wheels by Geographic Region
4.1 World Historic Railway Vehicle Wheels Market Size by Geographic Region (2019-2024)
4.1.1 Global Railway Vehicle Wheels Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Railway Vehicle Wheels Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Railway Vehicle Wheels Market Size by Country/Region (2019-2024)
4.2.1 Global Railway Vehicle Wheels Annual Sales by Country/Region (2019-2024)
4.2.2 Global Railway Vehicle Wheels Annual Revenue by Country/Region (2019-2024)
4.3 Americas Railway Vehicle Wheels Sales Growth
4.4 APAC Railway Vehicle Wheels Sales Growth
4.5 Europe Railway Vehicle Wheels Sales Growth
4.6 Middle East & Africa Railway Vehicle Wheels Sales Growth
5 Americas
5.1 Americas Railway Vehicle Wheels Sales by Country
5.1.1 Americas Railway Vehicle Wheels Sales by Country (2019-2024)
5.1.2 Americas Railway Vehicle Wheels Revenue by Country (2019-2024)
5.2 Americas Railway Vehicle Wheels Sales by Type
5.3 Americas Railway Vehicle Wheels Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Railway Vehicle Wheels Sales by Region
6.1.1 APAC Railway Vehicle Wheels Sales by Region (2019-2024)
6.1.2 APAC Railway Vehicle Wheels Revenue by Region (2019-2024)
6.2 APAC Railway Vehicle Wheels Sales by Type
6.3 APAC Railway Vehicle Wheels Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Railway Vehicle Wheels by Country
7.1.1 Europe Railway Vehicle Wheels Sales by Country (2019-2024)
7.1.2 Europe Railway Vehicle Wheels Revenue by Country (2019-2024)
7.2 Europe Railway Vehicle Wheels Sales by Type
7.3 Europe Railway Vehicle Wheels Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Railway Vehicle Wheels by Country
8.1.1 Middle East & Africa Railway Vehicle Wheels Sales by Country (2019-2024)
8.1.2 Middle East & Africa Railway Vehicle Wheels Revenue by Country (2019-2024)
8.2 Middle East & Africa Railway Vehicle Wheels Sales by Type
8.3 Middle East & Africa Railway Vehicle Wheels Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Railway Vehicle Wheels
10.3 Manufacturing Process Analysis of Railway Vehicle Wheels
10.4 Industry Chain Structure of Railway Vehicle Wheels
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Railway Vehicle Wheels Distributors
11.3 Railway Vehicle Wheels Customer
12 World Forecast Review for Railway Vehicle Wheels by Geographic Region
12.1 Global Railway Vehicle Wheels Market Size Forecast by Region
12.1.1 Global Railway Vehicle Wheels Forecast by Region (2025-2030)
12.1.2 Global Railway Vehicle Wheels Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Railway Vehicle Wheels Forecast by Type
12.7 Global Railway Vehicle Wheels Forecast by Application
13 Key Players Analysis
13.1 NSSMC
13.1.1 NSSMC Company Information
13.1.2 NSSMC Railway Vehicle Wheels Product Portfolios and Specifications
13.1.3 NSSMC Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 NSSMC Main Business Overview
13.1.5 NSSMC Latest Developments
13.2 Interpipe
13.2.1 Interpipe Company Information
13.2.2 Interpipe Railway Vehicle Wheels Product Portfolios and Specifications
13.2.3 Interpipe Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Interpipe Main Business Overview
13.2.5 Interpipe Latest Developments
13.3 OMK Steel
13.3.1 OMK Steel Company Information
13.3.2 OMK Steel Railway Vehicle Wheels Product Portfolios and Specifications
13.3.3 OMK Steel Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 OMK Steel Main Business Overview
13.3.5 OMK Steel Latest Developments
13.4 EVRAZ NTMK
13.4.1 EVRAZ NTMK Company Information
13.4.2 EVRAZ NTMK Railway Vehicle Wheels Product Portfolios and Specifications
13.4.3 EVRAZ NTMK Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 EVRAZ NTMK Main Business Overview
13.4.5 EVRAZ NTMK Latest Developments
13.5 Bochumer Verein Verkehrstechnik (BVV)
13.5.1 Bochumer Verein Verkehrstechnik (BVV) Company Information
13.5.2 Bochumer Verein Verkehrstechnik (BVV) Railway Vehicle Wheels Product Portfolios and Specifications
13.5.3 Bochumer Verein Verkehrstechnik (BVV) Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Bochumer Verein Verkehrstechnik (BVV) Main Business Overview
13.5.5 Bochumer Verein Verkehrstechnik (BVV) Latest Developments
13.6 Lucchini RS
13.6.1 Lucchini RS Company Information
13.6.2 Lucchini RS Railway Vehicle Wheels Product Portfolios and Specifications
13.6.3 Lucchini RS Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Lucchini RS Main Business Overview
13.6.5 Lucchini RS Latest Developments
13.7 Rail Wheel Factory
13.7.1 Rail Wheel Factory Company Information
13.7.2 Rail Wheel Factory Railway Vehicle Wheels Product Portfolios and Specifications
13.7.3 Rail Wheel Factory Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Rail Wheel Factory Main Business Overview
13.7.5 Rail Wheel Factory Latest Developments
13.8 GHH-Bonatrans
13.8.1 GHH-Bonatrans Company Information
13.8.2 GHH-Bonatrans Railway Vehicle Wheels Product Portfolios and Specifications
13.8.3 GHH-Bonatrans Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 GHH-Bonatrans Main Business Overview
13.8.5 GHH-Bonatrans Latest Developments
13.9 Amsted Rail
13.9.1 Amsted Rail Company Information
13.9.2 Amsted Rail Railway Vehicle Wheels Product Portfolios and Specifications
13.9.3 Amsted Rail Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Amsted Rail Main Business Overview
13.9.5 Amsted Rail Latest Developments
13.10 CAF
13.10.1 CAF Company Information
13.10.2 CAF Railway Vehicle Wheels Product Portfolios and Specifications
13.10.3 CAF Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 CAF Main Business Overview
13.10.5 CAF Latest Developments
13.11 Comsteel
13.11.1 Comsteel Company Information
13.11.2 Comsteel Railway Vehicle Wheels Product Portfolios and Specifications
13.11.3 Comsteel Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Comsteel Main Business Overview
13.11.5 Comsteel Latest Developments
13.12 Magang (Group) Holding
13.12.1 Magang (Group) Holding Company Information
13.12.2 Magang (Group) Holding Railway Vehicle Wheels Product Portfolios and Specifications
13.12.3 Magang (Group) Holding Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Magang (Group) Holding Main Business Overview
13.12.5 Magang (Group) Holding Latest Developments
13.13 Taiyuan Heavy Industry
13.13.1 Taiyuan Heavy Industry Company Information
13.13.2 Taiyuan Heavy Industry Railway Vehicle Wheels Product Portfolios and Specifications
13.13.3 Taiyuan Heavy Industry Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Taiyuan Heavy Industry Main Business Overview
13.13.5 Taiyuan Heavy Industry Latest Developments
13.14 Datong ABC Castings Company Limited (DACC)
13.14.1 Datong ABC Castings Company Limited (DACC) Company Information
13.14.2 Datong ABC Castings Company Limited (DACC) Railway Vehicle Wheels Product Portfolios and Specifications
13.14.3 Datong ABC Castings Company Limited (DACC) Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Datong ABC Castings Company Limited (DACC) Main Business Overview
13.14.5 Datong ABC Castings Company Limited (DACC) Latest Developments
13.15 Xinyang Amsted Tonghe Wheels
13.15.1 Xinyang Amsted Tonghe Wheels Company Information
13.15.2 Xinyang Amsted Tonghe Wheels Railway Vehicle Wheels Product Portfolios and Specifications
13.15.3 Xinyang Amsted Tonghe Wheels Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Xinyang Amsted Tonghe Wheels Main Business Overview
13.15.5 Xinyang Amsted Tonghe Wheels Latest Developments
13.16 ZHIQI RAILWAY EQUIPMENT
13.16.1 ZHIQI RAILWAY EQUIPMENT Company Information
13.16.2 ZHIQI RAILWAY EQUIPMENT Railway Vehicle Wheels Product Portfolios and Specifications
13.16.3 ZHIQI RAILWAY EQUIPMENT Railway Vehicle Wheels Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 ZHIQI RAILWAY EQUIPMENT Main Business Overview
13.16.5 ZHIQI RAILWAY EQUIPMENT Latest Developments
14 Research Findings and Conclusion
