Global Railway Wheel Market

Global Railway Wheel Market Research Report 2021

Global Railway Wheel Market

Global Railway Wheel Market Research Report 2021

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Research Predicts that Railway Wheel Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.

Global Railway Wheel Market Overview:

Global Railway Wheel Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Railway Wheel involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

Impact of COVID-19 on Railway Wheel Market

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Railway Wheel market in 2020.

Global Railway Wheel Market Segmentation

By Type, Railway Wheel market has been segmented into:

Cast Steel Wheel

Wrought Steel Wheel

By Application, Railway Wheel market has been segmented into:

High speed

Freight Wagons

Passenger Wagons

Locos

Regional Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Top Key Players Covered in Railway Wheel market are:

NSSMC

Interpipe

EVRAZ NTMK

Vyksa Steel Works (VSW)

Bochumer Verein Verkehrstechnik (BVV)

Lucchini RS

Rail Wheel Factory

GHH-Bonatrans

Ministry of Steel

Amsted Rail

Semco

Arrium

Kolowag

MWL Brasil Rodas & Eixos Ltda.

Masteel

Taiyuan Heavy Industry

Datong ABC Castings Company

Xinyang Tonghe wheels

Zhibo Lucchini Railway Equipment

Jinxi Axle

1. Market Overview of Railway Wheel

1.1 Railway Wheel Market Overview

1.1.1 Railway Wheel Product Scope

1.1.2 Market Status and Outlook

1.2 Railway Wheel Market Size by Regions: 2015 VS 2021 VS 2026

1.3 Railway Wheel Historic Market Size by Regions (2015-2020)

1.4 Railway Wheel Forecasted Market Size by Regions (2021-2026)

1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)

1.5.1 North America

1.5.2 East Asia

1.5.3 Europe

1.5.4 South Asia

1.5.5 Southeast Asia

1.5.6 Middle East

1.5.7 Africa

1.5.8 Oceania

1.5.9 South America

1.5.10 Rest of the World

1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth

1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections

1.6.2 Covid-19 Impact: Commodity Prices Indices

1.6.3 Covid-19 Impact: Global Major Government Policy

2. Covid-19 Impact Railway Wheel Sales Market by Type (2015-2026)

2.1 Global Railway Wheel Historic Market Size by Type (2015-2020)

2.2 Global Railway Wheel Forecasted Market Size by Type (2021-2026)

2.3 Cast Steel Wheel

2.4 Wrought Steel Wheel

3. Covid-19 Impact Railway Wheel Sales Market by Application (2015-2026)

3.1 Global Railway Wheel Historic Market Size by Application (2015-2020)

3.2 Global Railway Wheel Forecasted Market Size by Application (2021-2026)

3.3 High speed

3.4 Freight Wagons

3.5 Passenger Wagons

3.6 Locos

4. Covid-19 Impact Market Competition by Manufacturers

4.1 Global Railway Wheel Production Capacity Market Share by Manufacturers (2015-2020)

4.2 Global Railway Wheel Revenue Market Share by Manufacturers (2015-2020)

4.3 Global Railway Wheel Average Price by Manufacturers (2015-2020)

5. Company Profiles and Key Figures in Railway Wheel Business

5.1 NSSMC

5.1.1 NSSMC Company Profile

5.1.2 NSSMC Railway Wheel Product Specification

5.1.3 NSSMC Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.2 Interpipe

5.2.1 Interpipe Company Profile

5.2.2 Interpipe Railway Wheel Product Specification

5.2.3 Interpipe Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.3 EVRAZ NTMK

5.3.1 EVRAZ NTMK Company Profile

5.3.2 EVRAZ NTMK Railway Wheel Product Specification

5.3.3 EVRAZ NTMK Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.4 Vyksa Steel Works (VSW)

5.4.1 Vyksa Steel Works (VSW) Company Profile

5.4.2 Vyksa Steel Works (VSW) Railway Wheel Product Specification

5.4.3 Vyksa Steel Works (VSW) Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.5 Bochumer Verein Verkehrstechnik (BVV)

5.5.1 Bochumer Verein Verkehrstechnik (BVV) Company Profile

5.5.2 Bochumer Verein Verkehrstechnik (BVV) Railway Wheel Product Specification

5.5.3 Bochumer Verein Verkehrstechnik (BVV) Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.6 Lucchini RS

5.6.1 Lucchini RS Company Profile

5.6.2 Lucchini RS Railway Wheel Product Specification

5.6.3 Lucchini RS Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.7 Rail Wheel Factory

5.7.1 Rail Wheel Factory Company Profile

5.7.2 Rail Wheel Factory Railway Wheel Product Specification

5.7.3 Rail Wheel Factory Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.8 GHH-Bonatrans

5.8.1 GHH-Bonatrans Company Profile

5.8.2 GHH-Bonatrans Railway Wheel Product Specification

5.8.3 GHH-Bonatrans Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.9 Ministry of Steel

5.9.1 Ministry of Steel Company Profile

5.9.2 Ministry of Steel Railway Wheel Product Specification

5.9.3 Ministry of Steel Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.10 Amsted Rail

5.10.1 Amsted Rail Company Profile

5.10.2 Amsted Rail Railway Wheel Product Specification

5.10.3 Amsted Rail Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.11 Semco

5.11.1 Semco Company Profile

5.11.2 Semco Railway Wheel Product Specification

5.11.3 Semco Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.12 Arrium

5.12.1 Arrium Company Profile

5.12.2 Arrium Railway Wheel Product Specification

5.12.3 Arrium Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.13 Kolowag

5.13.1 Kolowag Company Profile

5.13.2 Kolowag Railway Wheel Product Specification

5.13.3 Kolowag Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.14 MWL Brasil Rodas & Eixos Ltda.

5.14.1 MWL Brasil Rodas & Eixos Ltda. Company Profile

5.14.2 MWL Brasil Rodas & Eixos Ltda. Railway Wheel Product Specification

5.14.3 MWL Brasil Rodas & Eixos Ltda. Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.15 Masteel

5.15.1 Masteel Company Profile

5.15.2 Masteel Railway Wheel Product Specification

5.15.3 Masteel Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.16 Taiyuan Heavy Industry

5.16.1 Taiyuan Heavy Industry Company Profile

5.16.2 Taiyuan Heavy Industry Railway Wheel Product Specification

5.16.3 Taiyuan Heavy Industry Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.17 Datong ABC Castings Company

5.17.1 Datong ABC Castings Company Company Profile

5.17.2 Datong ABC Castings Company Railway Wheel Product Specification

5.17.3 Datong ABC Castings Company Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.18 Xinyang Tonghe wheels

5.18.1 Xinyang Tonghe wheels Company Profile

5.18.2 Xinyang Tonghe wheels Railway Wheel Product Specification

5.18.3 Xinyang Tonghe wheels Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.19 Zhibo Lucchini Railway Equipment

5.19.1 Zhibo Lucchini Railway Equipment Company Profile

5.19.2 Zhibo Lucchini Railway Equipment Railway Wheel Product Specification

5.19.3 Zhibo Lucchini Railway Equipment Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.20 Jinxi Axle

5.20.1 Jinxi Axle Company Profile

5.20.2 Jinxi Axle Railway Wheel Product Specification

5.20.3 Jinxi Axle Railway Wheel Production Capacity, Revenue, Price and Gross Margin (2015-2020)

6. North America

6.1 North America Railway Wheel Market Size (2015-2026)

6.2 North America Railway Wheel Key Players in North America (2015-2020)

6.3 North America Railway Wheel Market Size by Type (2015-2020)

6.4 North America Railway Wheel Market Size by Application (2015-2020)

7. East Asia

7.1 East Asia Railway Wheel Market Size (2015-2026)

7.2 East Asia Railway Wheel Key Players in North America (2015-2020)

7.3 East Asia Railway Wheel Market Size by Type (2015-2020)

7.4 East Asia Railway Wheel Market Size by Application (2015-2020)

8. Europe

8.1 Europe Railway Wheel Market Size (2015-2026)

8.2 Europe Railway Wheel Key Players in North America (2015-2020)

8.3 Europe Railway Wheel Market Size by Type (2015-2020)

8.4 Europe Railway Wheel Market Size by Application (2015-2020)

9. South Asia

9.1 South Asia Railway Wheel Market Size (2015-2026)

9.2 South Asia Railway Wheel Key Players in North America (2015-2020)

9.3 South Asia Railway Wheel Market Size by Type (2015-2020)

9.4 South Asia Railway Wheel Market Size by Application (2015-2020)

10. Southeast Asia

10.1 Southeast Asia Railway Wheel Market Size (2015-2026)

10.2 Southeast Asia Railway Wheel Key Players in North America (2015-2020)

10.3 Southeast Asia Railway Wheel Market Size by Type (2015-2020)

10.4 Southeast Asia Railway Wheel Market Size by Application (2015-2020)

11. Middle East

11.1 Middle East Railway Wheel Market Size (2015-2026)

11.2 Middle East Railway Wheel Key Players in North America (2015-2020)

11.3 Middle East Railway Wheel Market Size by Type (2015-2020)

11.4 Middle East Railway Wheel Market Size by Application (2015-2020)

12. Africa

12.1 Africa Railway Wheel Market Size (2015-2026)

12.2 Africa Railway Wheel Key Players in North America (2015-2020)

12.3 Africa Railway Wheel Market Size by Type (2015-2020)

12.4 Africa Railway Wheel Market Size by Application (2015-2020)

13. Oceania

13.1 Oceania Railway Wheel Market Size (2015-2026)

13.2 Oceania Railway Wheel Key Players in North America (2015-2020)

13.3 Oceania Railway Wheel Market Size by Type (2015-2020)

13.4 Oceania Railway Wheel Market Size by Application (2015-2020)

14. South America

14.1 South America Railway Wheel Market Size (2015-2026)

14.2 South America Railway Wheel Key Players in North America (2015-2020)

14.3 South America Railway Wheel Market Size by Type (2015-2020)

14.4 South America Railway Wheel Market Size by Application (2015-2020)

15. Rest of the World

15.1 Rest of the World Railway Wheel Market Size (2015-2026)

15.2 Rest of the World Railway Wheel Key Players in North America (2015-2020)

15.3 Rest of the World Railway Wheel Market Size by Type (2015-2020)

15.4 Rest of the World Railway Wheel Market Size by Application (2015-2020)

16 Railway Wheel Market Dynamics

16.1 Covid-19 Impact Market Top Trends

16.2 Covid-19 Impact Market Drivers

16.3 Covid-19 Impact Market Challenges

16.4 Porter’s Five Forces Analysis

18 Regulatory Information

17 Analyst's Viewpoints/Conclusions

18 Appendix

18.1 Research Methodology

18.1.1 Methodology/Research Approach

18.1.2 Data Source

18.2 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Railway Wheel Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Who are the dominant players having a strong presence in the Railway Wheel Market?
Some of the finest and top-notch companies pioneering the Railway Wheel Market are NSSMCInterpipeEVRAZ NTMKVyksa Steel Works (VSW)Bochumer Verein Verkehrstechnik (BVV)Lucchini RSRail Wheel FactoryGHH-BonatransMinistry of SteelAmsted RailSemcoArriumKolowagMWL Brasil Rodas & Eixos Ltda.MasteelTaiyuan Heavy IndustryDatong ABC Castings CompanyXinyang Tonghe wheelsZhibo Lucchini Railway EquipmentJinxi Axle.
How is the competition changing gears in the Railway Wheel Industry?
Emerging markets will create new demands and put pressure on the industry to act quickly. Simultaneously, market players such as NSSMCInterpipeEVRAZ NTMKVyksa Steel Works (VSW)Bochumer Verein Verkehrstechnik (BVV)Lucchini RSRail Wheel FactoryGHH-BonatransMinistry of SteelAmsted RailSemcoArriumKolowagMWL Brasil Rodas & Eixos Ltda.MasteelTaiyuan Heavy IndustryDatong ABC Castings CompanyXinyang Tonghe wheelsZhibo Lucchini Railway EquipmentJinxi Axle will face challenges from the industry's increasing pace of consolidation, particularly in North America and Europe.
What are the major applications for Railway Wheel?
Railway Wheel has a wide range of applications, including and others.
What is the market value of the Railway Wheel Industry?
In 2024, the Railway Wheel Market share exceeded USD xx million. Between 2025 and 2030, it will grow at a CAGR of yy%.
What is really changing the Railway Wheel Market behavior?
Consumer behavior changes will reshape the entire decision-making process and companies in the Railway Wheel Industry will need to adapt quickly.
Who should consider the Railway Wheel Market study?
The Railway Wheel Industry stakeholders, executives, and experts, as well as individuals who need to develop consumer-friendly strategies and use technology to stay ahead of the competition.