This industry study presents the global Rail market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Rail production, revenue and market share by manufacturers, key regions and type;
The consumption of Rail in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders EVRAZ, ArcelorMittal, etc.
This report is focus on the global rail market. Rail is the most important component of rail track system. The train will run on the parallel rails, carrying passengers and freight. Fixed on the sleepers, rails pass the load of trains to sleepers. Rails generally described and specified by their weight per unit length. The minimum weight per meter of rail required depends on the maximum axle load of the trains that will run on the track. Generally, the heavier the rails and the rest of the track work, the heavier and faster the trains these tracks can carry. Rails represent a substantial fraction of the cost of a railway line. Only a small number of rail sizes are made by steelworks at one time, so a railway must choose the nearest suitable size.
Rails are the most important components of rail track system. The development of rail market has a close relationship with railway industry, which is one of the major solutions of passengers and freight transport. In recent years, the global rail market enjoyed a growth rate as high as 5% (production).
In the last several years, developing regions are the major consumption market. To deal with the global economic crisis of 2008, China government have made mass infrastructure project, especially in rail infrastructure. With several years of development, China has the second longest rail line in the world and more than half of the high-speed rail in the global. And the rail market growth rate of China is slowing and stay on the global average level.
Global Rail market size will reach 890 million US$ by 2025, from 660 million US$ in 2017, at a CAGR of 4.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Rail.
The following manufacturers are covered in this report:
Wuhan Iron and Steel
Hangzhou Iron and Steel
Xilin Iron and Steel
Rail Breakdown Data by Type
Rail Breakdown Data by Application
Gantry Crane's Rail
Rail Production by Region
Rail Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Rail status and future forecast?involving, production, revenue, consumption, historical and forecast.
To present the key Rail manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Rail :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Rail market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.