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Global Rail Track Components Market 2018-2022

  • Published: Feb 2018
  • Pages: 111
  • SKU: IRTNTR20605
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Technavio’s market research analysts have predicted that the rail track components market will grow by USD 54.33 billion by 2022. This industry research report presents a comprehensive analysis of the rail track components market based on the different type of products such as rail sleepers, rail fasteners, and rail fishplates. The report also provides an analysis of the market based on geographic regions such as the Americas, APAC, and EMEA.

The infographic below contains key findings from our analysis of the rail track components market


 

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See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.    

 

Overview of the rail track components market

Technavio’s market research analysts have identified the rising demand for rail logistics as one of the primary factors that will trigger the growth of the rail track components market in the coming years. Several manufacturers and vendors are inclining toward rail transportation over road transportation and are an ideal choice for several business segments. Road transportation face several hurdles like infrastructure deficiencies, unstable fuel prices, and the driver shortage. Moreover, government policies that are focused on restricting the working hours of the drivers and limiting the movement of heavy trucks, are also responsible for the increasing demand for rail transportation. Rail transportation has several advantages such as reliability, cost-effectiveness, and environmental friendliness. These factors are increasing the demand for freight trains over road transportation and are expected to contribute to the growth of railway lines in the next five years. Our market research analysts estimate that this market will grow steadily at a CAGR close to 10% by 2022.

The regenerative braking energy is one of the key trends in the railway components market. Electric railways are considered as fast and quiet means of transport as compared with diesel powered trains. The moving train loses its energy when a brake is applied in electric trains. The lost energy can be captured with ease, but redistribution of that energy is a tough task. To solve this problem, several types of research are being conducted to effectively capture and redistribute the lost energy during braking by utilizing smart grids.

Companies covered

The rail track components market is highly fragmented owing to the presence of several players. This industry research report provides information about the competitive environment among the players in this marketspace. Moreover, our analysts also provide strategies and areas that the vendors should follow to improve their market shares and sustain the competitive environment in this railway track components market.

The report includes an analysis of a number of companies in this marketspace including -

  • AGICO GROUP
  • Harmer Steel
  • HeidelbergCement
  • Kimes Steel & Rail
  • ROYAL INFRASTRU
  • Vossloh

 

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Geographical segmentation and analysis of the rail track components market

  • Americas
  • APAC
  • EMEA

APAC accounted for the maximum shares of the market during 2017. Our analysts have predicted that though APAC will witness a decline in its market share in the next five years it will contribute to the maximum growth opportunities to the vendors throughout the next few years.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2022?
  • What are the key factors driving the global rail track components market?
  • What are the key market trends impacting the growth of the global rail track components market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global rail track components market?
  • What are the market opportunities and threats faced by the vendors in the global rail track components market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global rail track components market?

 

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY PRODUCT

  • Segmentation by product
  • Comparison by product
  • Rail sleepers – Market size and forecast 2017-2022
  • Rail fasteners – Market size and forecast 2017-2022
  • Rail fishplates – Market size and forecast 2017-2022
  • Market opportunity by product

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • APAC – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Regenerative braking energy
  • Introduction of maglev trains

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • AGICO GROUP
  • Harmer Steel
  • HeidelbergCement
  • Kimes Steel & Rail
  • ROYAL INFRASTRU
  • Vossloh

PART 15: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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