A train wheel or rail wheel is a type of wheel specially designed for use on railway tracks. The wheel acts as a rolling component, typically pushed onto an axle and mounted directly on a railway carriage or locomotive, or indirectly on a bogie (in the UK), also called a truck (in North America). The powered wheels under the locomotive are called Driving Wheels. Wheels are initially cast or forged and then heat-treated to have a specific hardness.
The report focuses on passenger train wheels and freight wagons wheels, etc.
This report contains market size and forecasts of Rolling Stock Wheel in global, including the following market information:
Global Rolling Stock Wheel Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Rolling Stock Wheel Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Rolling Stock Wheel companies in 2021 (%)
The global Rolling Stock Wheel market was valued at 3247.4 million in 2021 and is projected to reach US$ 4010.8 million by 2028, at a CAGR of 3.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Casting Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Rolling Stock Wheel include Interpipe, Nippon Steel corporation, Standard Steel, OMK Steel, Masteel Group, EVRAZ NTMK, ZHIQI RAILWAY EQUIPMENT, Amsted Rail and Taiyuan Heavy Industry, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Rolling Stock Wheel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Rolling Stock Wheel Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rolling Stock Wheel Market Segment Percentages, by Type, 2021 (%)
Casting
Forged
Global Rolling Stock Wheel Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rolling Stock Wheel Market Segment Percentages, by Application, 2021 (%)
High Speed
Freight Wagons
Passenger Wagons
Locos
Global Rolling Stock Wheel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rolling Stock Wheel Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Rolling Stock Wheel revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Rolling Stock Wheel revenues share in global market, 2021 (%)
Key companies Rolling Stock Wheel sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Rolling Stock Wheel sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Interpipe
Nippon Steel corporation
Standard Steel
OMK Steel
Masteel Group
EVRAZ NTMK
ZHIQI RAILWAY EQUIPMENT
Amsted Rail
Taiyuan Heavy Industry
Bochumer Verein Verkehrstechnik (BVV)
GHH-Bonatrans
Lucchini RS
Datong ABC Castings Company Limited (DACC)
Xinyang Amsted Tonghe Wheels
CAF
Rolling Stock Wheel Factory
MWL
Comsteel