Railway Vehicle Wheels Market

The wheels of a railway vehicle support the full load of the vehicle and are as important a part of the safe operation of a railway train as the axles.According to the manufacturing method, the wheels can be divided into rolled steel (rolling) wheels and cast steel (casting) wheels.According to the use can be divided into railway passenger cars, railway freight cars, locomotives, subways, high-speed trains.
Wheel structure: the place where the axle is installed is the hub. The place where the wheel contacts with the rail is the rim. Between the hub and the rim is the plate.The flat contact part between the rim and the rail head is the tread, and the prominent part of the rim is the rim.
Railway Vehicle Wheels Market contains market size and forecasts of Railway Vehicle Wheels in global, including the following market information:
Global Railway Vehicle Wheels Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Railway Vehicle Wheels Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Railway Vehicle Wheels companies in 2021 (%)
The global Railway Vehicle Wheels market was valued at 2968.5 million in 2021 and is projected to reach US$ 3236.9 million by 2028, at a CAGR of 1.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Rolling Steel Wheel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Railway Vehicle Wheels include NSSMC, Interpipe, OMK Steel, EVRAZ NTMK, Bochumer Verein Verkehrstechnik (BVV), Lucchini RS, Rail Wheel Factory, GHH-Bonatrans and Amsted Rail, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Railway Vehicle Wheels 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 Railway Vehicle Wheels Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Vehicle Wheels Market Segment Percentages, by Type, 2021 (%)
Rolling Steel Wheel
Cast Steel Wheel
Global Railway Vehicle Wheels Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Vehicle Wheels Market Segment Percentages, by Application, 2021 (%)
Railway Passenger Car
Railway Wagon
Locomotive
High Speed Train
Other
Global Railway Vehicle Wheels Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Vehicle Wheels 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 Railway Vehicle Wheels revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Railway Vehicle Wheels revenues share in global market, 2021 (%)
Key companies Railway Vehicle Wheels sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Railway Vehicle Wheels sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players 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