The global Rail Wheels market was valued at 2397.78 Million USD in 2020 and will grow with a CAGR of 1.09% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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 rail wheel industry is related to the national economy so rail wheels` manufacturers are usually large companies. The leading players are NSSMC, Interpipe, OMK Steel. In each region, there are local suppliers dominate the market and they are working hard to seize more market by strengthening their sales and distribution networks. Based on the Rail Wheels application, the Rail Wheels market is sub-segmented into several major applications, like High speed, Freight Wagons, Passenger Wagons, Locos, etc. In 2018, Freight Wagons for a major share of 75.28%.
By Market Verdors:
NSSMC
Interpipe
OMK Steel
EVRAZ NTMK
Bochumer Verein Verkehrstechnik (BVV)
Lucchini RS
Rail Wheel Factory
GHH-Bonatrans
Durgapur Steel Plant
Amsted Rail
CAF
Comsteel
Masteel
Taiyuan Heavy Industry
Datong ABC Castings Company
Xinyang Tonghe wheels
Zhibo Lucchini Railway Equipment
By Types:
High speed
Freight Wagons
Passenger Wagons
Locos
By Applications:
OE Market
AM Market
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Rail Wheels Revenue
1.4 Market Analysis by Type
1.4.1 Global Rail Wheels Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 High speed
1.4.3 Freight Wagons
1.4.4 Passenger Wagons
1.4.5 Locos
1.5 Market by Application
1.5.1 Global Rail Wheels Market Share by Application: 2022-2027
1.5.2 OE Market
1.5.3 AM Market
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Rail Wheels Market
1.8.1 Global Rail Wheels Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Rail Wheels Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Rail Wheels Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Rail Wheels Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Rail Wheels Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Rail Wheels Sales Volume Market Share by Region (2016-2021)
3.2 Global Rail Wheels Sales Revenue Market Share by Region (2016-2021)
3.3 North America Rail Wheels Sales Volume
3.3.1 North America Rail Wheels Sales Volume Growth Rate (2016-2021)
3.3.2 North America Rail Wheels Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia Rail Wheels Sales Volume
3.4.1 East Asia Rail Wheels Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia Rail Wheels Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Rail Wheels Sales Volume (2016-2021)
3.5.1 Europe Rail Wheels Sales Volume Growth Rate (2016-2021)
3.5.2 Europe Rail Wheels Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia Rail Wheels Sales Volume (2016-2021)
3.6.1 South Asia Rail Wheels Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia Rail Wheels Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia Rail Wheels Sales Volume (2016-2021)
3.7.1 Southeast Asia Rail Wheels Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia Rail Wheels Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East Rail Wheels Sales Volume (2016-2021)
3.8.1 Middle East Rail Wheels Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East Rail Wheels Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa Rail Wheels Sales Volume (2016-2021)
3.9.1 Africa Rail Wheels Sales Volume Growth Rate (2016-2021)
3.9.2 Africa Rail Wheels Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania Rail Wheels Sales Volume (2016-2021)
3.10.1 Oceania Rail Wheels Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania Rail Wheels Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America Rail Wheels Sales Volume (2016-2021)
3.11.1 South America Rail Wheels Sales Volume Growth Rate (2016-2021)
3.11.2 South America Rail Wheels Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World Rail Wheels Sales Volume (2016-2021)
3.12.1 Rest of the World Rail Wheels Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World Rail Wheels Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America Rail Wheels Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Rail Wheels Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Rail Wheels Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Rail Wheels Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Rail Wheels Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Rail Wheels Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Rail Wheels Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Rail Wheels Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Rail Wheels Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Rail Wheels Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Rail Wheels Sales Volume Market Share by Type (2016-2021)
14.2 Global Rail Wheels Sales Revenue Market Share by Type (2016-2021)
14.3 Global Rail Wheels Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global Rail Wheels Consumption Volume by Application (2016-2021)
15.2 Global Rail Wheels Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in Rail Wheels Business
16.1 NSSMC
16.1.1 NSSMC Company Profile
16.1.2 NSSMC Rail Wheels Product Specification
16.1.3 NSSMC Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 Interpipe
16.2.1 Interpipe Company Profile
16.2.2 Interpipe Rail Wheels Product Specification
16.2.3 Interpipe Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 OMK Steel
16.3.1 OMK Steel Company Profile
16.3.2 OMK Steel Rail Wheels Product Specification
16.3.3 OMK Steel Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 EVRAZ NTMK
16.4.1 EVRAZ NTMK Company Profile
16.4.2 EVRAZ NTMK Rail Wheels Product Specification
16.4.3 EVRAZ NTMK Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 Bochumer Verein Verkehrstechnik (BVV)
16.5.1 Bochumer Verein Verkehrstechnik (BVV) Company Profile
16.5.2 Bochumer Verein Verkehrstechnik (BVV) Rail Wheels Product Specification
16.5.3 Bochumer Verein Verkehrstechnik (BVV) Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.6 Lucchini RS
16.6.1 Lucchini RS Company Profile
16.6.2 Lucchini RS Rail Wheels Product Specification
16.6.3 Lucchini RS Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.7 Rail Wheel Factory
16.7.1 Rail Wheel Factory Company Profile
16.7.2 Rail Wheel Factory Rail Wheels Product Specification
16.7.3 Rail Wheel Factory Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.8 GHH-Bonatrans
16.8.1 GHH-Bonatrans Company Profile
16.8.2 GHH-Bonatrans Rail Wheels Product Specification
16.8.3 GHH-Bonatrans Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.9 Durgapur Steel Plant
16.9.1 Durgapur Steel Plant Company Profile
16.9.2 Durgapur Steel Plant Rail Wheels Product Specification
16.9.3 Durgapur Steel Plant Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.10 Amsted Rail
16.10.1 Amsted Rail Company Profile
16.10.2 Amsted Rail Rail Wheels Product Specification
16.10.3 Amsted Rail Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.11 CAF
16.11.1 CAF Company Profile
16.11.2 CAF Rail Wheels Product Specification
16.11.3 CAF Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.12 Comsteel
16.12.1 Comsteel Company Profile
16.12.2 Comsteel Rail Wheels Product Specification
16.12.3 Comsteel Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.13 Masteel
16.13.1 Masteel Company Profile
16.13.2 Masteel Rail Wheels Product Specification
16.13.3 Masteel Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.14 Taiyuan Heavy Industry
16.14.1 Taiyuan Heavy Industry Company Profile
16.14.2 Taiyuan Heavy Industry Rail Wheels Product Specification
16.14.3 Taiyuan Heavy Industry Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.15 Datong ABC Castings Company
16.15.1 Datong ABC Castings Company Company Profile
16.15.2 Datong ABC Castings Company Rail Wheels Product Specification
16.15.3 Datong ABC Castings Company Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.16 Xinyang Tonghe wheels
16.16.1 Xinyang Tonghe wheels Company Profile
16.16.2 Xinyang Tonghe wheels Rail Wheels Product Specification
16.16.3 Xinyang Tonghe wheels Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.17 Zhibo Lucchini Railway Equipment
16.17.1 Zhibo Lucchini Railway Equipment Company Profile
16.17.2 Zhibo Lucchini Railway Equipment Rail Wheels Product Specification
16.17.3 Zhibo Lucchini Railway Equipment Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 Rail Wheels Manufacturing Cost Analysis
17.1 Rail Wheels Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Rail Wheels
17.4 Rail Wheels Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Rail Wheels Distributors List
18.3 Rail Wheels Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Rail Wheels (2022-2027)
20.2 Global Forecasted Revenue of Rail Wheels (2022-2027)
20.3 Global Forecasted Price of Rail Wheels (2016-2027)
20.4 Global Forecasted Production of Rail Wheels by Region (2022-2027)
20.4.1 North America Rail Wheels Production, Revenue Forecast (2022-2027)
20.4.2 East Asia Rail Wheels Production, Revenue Forecast (2022-2027)
20.4.3 Europe Rail Wheels Production, Revenue Forecast (2022-2027)
20.4.4 South Asia Rail Wheels Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia Rail Wheels Production, Revenue Forecast (2022-2027)
20.4.6 Middle East Rail Wheels Production, Revenue Forecast (2022-2027)
20.4.7 Africa Rail Wheels Production, Revenue Forecast (2022-2027)
20.4.8 Oceania Rail Wheels Production, Revenue Forecast (2022-2027)
20.4.9 South America Rail Wheels Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World Rail Wheels Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of Rail Wheels by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Rail Wheels by Country
21.2 East Asia Market Forecasted Consumption of Rail Wheels by Country
21.3 Europe Market Forecasted Consumption of Rail Wheels by Countriy
21.4 South Asia Forecasted Consumption of Rail Wheels by Country
21.5 Southeast Asia Forecasted Consumption of Rail Wheels by Country
21.6 Middle East Forecasted Consumption of Rail Wheels by Country
21.7 Africa Forecasted Consumption of Rail Wheels by Country
21.8 Oceania Forecasted Consumption of Rail Wheels by Country
21.9 South America Forecasted Consumption of Rail Wheels by Country
21.10 Rest of the world Forecasted Consumption of Rail Wheels by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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