Manufactures - NSSMC, Interpipe, OMK Steel, EVRAZ NTMK

Pune, Feb. 03, 2022 (GLOBE NEWSWIRE) -- The global Rail Wheel (Railway Wheel) market size is estimated to be worth USD 3103.3 million in 2022 and is forecast to a readjusted size of USD 3515.5 million by 2028 with a CAGR of 2.1% during the review 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.

Rail Wheel market report is expert study that can deliver you with an elaborate analysis of the Rail Wheel. The report covers information about top players, projected size of the market, data and figures to update about where opportunities are in the market, competitor analysis and vendor information. Also, it offers a complete analysis of the key market dynamics, with growth drivers, challenges, restraints, opportunities and trends. Furthermore, receive exact details and statistics associated to Rail Wheel (Railway Wheel) market and its key factors such as revenue, growth, compound annual growth, year-over-year developments, consumption, and production.

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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.

Competitive Landscape:

Report offers the Rail Wheel (Railway Wheel) market competition landscape and a corresponding comprehensive study of the prominent players in this market, include

• 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

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Market Segmentation:

Rail Wheel market report deliversstudy of the key trends in each sub-segment of the worldwide Rail Wheel (Railway Wheel) report, with estimates for development at the global, regional and country level and categorized the market based on product type, applications, regions.

Segment by Type

• High speed
• Freight Wagons
• Passenger Wagons
• Locos

Segment by Application

• OE Market
• AM Market

Production by Region

• North America
• Europe
• Asia-Pacific
  
• Latin America
  
• Middle East & Africa

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.

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Years considered for this report:

Historical Years:  2011-2028

Base Year:  2021

Estimated Year:  2022

Forecast Period:  2022-2028

TOC of Global Rail Wheel Market Insights and Forecast to 2028

1 Study Coverage

1.1 Rail Wheel Product Introduction

1.2 Market by Type

1.2.1 Global Rail Wheel Market Size by Type, 2017 VS 2021 VS 2028

1.2.2 High speed

1.2.3 Freight Wagons

1.2.4 Passenger Wagons

1.2.5 Locos

1.3 Market by Application

1.3.1 Global Railway Wheel Market Size by Application, 2017 VS 2021 VS 2028

1.3.2 OE Market

1.3.3 AM Market

1.4 Study Objectives

1.5 Years Considered

2 Global Railway Wheel Production

2.1 Global Rail Wheel Production Capacity (2017-2028)

2.2 Global Rail Wheel Production by Region: 2017 VS 2021 VS 2028

2.3 Global Rail Wheel Production by Region

2.3.1 Global Rail Wheel Historic Production by Region (2017-2022)

2.3.2 Global Rail Wheel Forecasted Production by Region (2023-2028)

2.4 North America

2.5 Europe

2.6 China

2.7 Japan

2.8 Korea

2.9 India

3 Global Rail Wheel Sales in Volume & Value Estimates and Forecasts

3.1 Global Rail Wheel Sales Estimates and Forecasts 2017-2028

3.2 Global Rail Wheel Revenue Estimates and Forecasts 2017-2028

3.3 Global Rail Wheel Revenue by Region: 2017 VS 2021 VS 2028

3.4 Global Rail Wheel Sales by Region

3.4.1 Global Rail Wheel Sales by Region (2017-2022)

3.4.2 Global Sales Rail Wheel by Region (2023-2028)

3.5 Global Rail Wheel Revenue by Region

3.5.1 Global Rail Wheel Revenue by Region (2017-2022)

3.5.2 Global Rail Wheel Revenue by Region (2023-2028)

3.6 North America

3.7 Europe

3.8 Asia-Pacific

3.9 Latin America

3.10 Middle East & Africa

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