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This report studies the Wheels & Axles for Railways market, covering market size for segment by type (Rolled Wheels & Axles, Forged Wheels & Axles, etc.), by application (High-speed Train, Locomotives, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Amsted Rail, NSSMC, Taiyuan Heavy Industry, Masteel, GHH-BONATRANS, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Wheels & Axles for Railways from 2017-2022, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Wheels & Axles for Railways market.
Moreover, the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase. Fortunately, with the development of vaccine and other effort by global governments and organizations, the negative impact of COVID-19 is expected to subside and the global economy is expected to recover.
This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
Leading players of Wheels & Axles for Railways including:
Amsted Rail
NSSMC
Taiyuan Heavy Industry
Masteel
GHH-BONATRANS
Jinxi Axle
Interpipe
Penn Machine
EVRAZ NTMK
OMK
Xinyang Tonghe Wheels
GMH-Gruppe
Market split by Type, can be divided into:
Rolled Wheels & Axles
Forged Wheels & Axles
Market split by Application, can be divided into:
High-speed Train
Locomotives
Railroad Passenger Cars
Railroad Freight Cars
Metro
Market split by Sales Channel, can be divided into:
Direct Channel
Distribution Channel
Market segment by Region/Country including:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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Chapter 1 Wheels & Axles for Railways Market Overview
1.1 Wheels & Axles for Railways Definition
1.2 Global Wheels & Axles for Railways Market Size Status and Outlook (2017-2031)
1.3 Global Wheels & Axles for Railways Market Size Comparison by Region (2017-2031)
1.4 Global Wheels & Axles for Railways Market Size Comparison by Type (2017-2031)
1.5 Global Wheels & Axles for Railways Market Size Comparison by Application (2017-2031)
1.6 Global Wheels & Axles for Railways Market Size Comparison by Sales Channel (2017-2031)
1.7 Wheels & Axles for Railways Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/Expansion)
1.7.4 COVID-19 Impacts
1.7.5 Russia-Ukraine War Impacts
Chapter 2 Wheels & Axles for Railways Market Segment Analysis by Player
2.1 Global Wheels & Axles for Railways Sales and Market Share by Player (2020-2022)
2.2 Global Wheels & Axles for Railways Revenue and Market Share by Player (2020-2022)
2.3 Global Wheels & Axles for Railways Average Price by Player (2020-2022)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Wheels & Axles for Railways Market Segment Analysis by Type
3.1 Global Wheels & Axles for Railways Market by Type
3.1.1 Rolled Wheels & Axles
3.1.2 Forged Wheels & Axles
3.2 Global Wheels & Axles for Railways Sales and Market Share by Type (2017-2022)
3.3 Global Wheels & Axles for Railways Revenue and Market Share by Type (2017-2022)
3.4 Global Wheels & Axles for Railways Average Price by Type (2017-2022)
3.5 Leading Players of Wheels & Axles for Railways by Type in 2022
3.6 Conclusion of Segment by Type
Chapter 4 Wheels & Axles for Railways Market Segment Analysis by Application
4.1 Global Wheels & Axles for Railways Market by Application
4.1.1 High-speed Train
4.1.2 Locomotives
4.1.3 Railroad Passenger Cars
4.1.4 Railroad Freight Cars
4.1.5 Metro
4.2 Global Wheels & Axles for Railways Revenue and Market Share by Application (2017-2022)
4.3 Leading Consumers of Wheels & Axles for Railways by Application in 2022
4.4 Conclusion of Segment by Application
Chapter 5 Wheels & Axles for Railways Market Segment Analysis by Sales Channel
5.1 Global Wheels & Axles for Railways Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Wheels & Axles for Railways Revenue and Market Share by Sales Channel (2017-2022)
5.3 Leading Distributors/Dealers of Wheels & Axles for Railways by Sales Channel in 2022
5.4 Conclusion of Segment by Sales Channel
Chapter 6 Wheels & Axles for Railways Market Segment Analysis by Region
6.1 Global Wheels & Axles for Railways Market Size and CAGR by Region (2017-2031)
6.2 Global Wheels & Axles for Railways Sales and Market Share by Region (2017-2022)
6.3 Global Wheels & Axles for Railways Revenue and Market Share by Region (2017-2022)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Wheels & Axles for Railways Market Share by Type
6.4.3 North America Wheels & Axles for Railways Market Share by Application
6.4.4 United States
6.4.5 Canada
6.4.6 Mexico
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Wheels & Axles for Railways Market Share by Type
6.5.3 Europe Wheels & Axles for Railways Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Russia
6.5.9 Spain
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Wheels & Axles for Railways Market Share by Type
6.6.3 Asia-Pacific Wheels & Axles for Railways Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Wheels & Axles for Railways Market Share by Type
6.7.3 South America Wheels & Axles for Railways Market Share by Application
6.7.4 Brazil
6.7.5 Argentina
6.7.6 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Wheels & Axles for Railways Market Share by Type
6.8.3 Middle East & Africa Wheels & Axles for Railways Market Share by Application
6.8.4 UAE
6.8.5 Saudi Arabia
6.8.6 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Wheels & Axles for Railways Players
7.1 Amsted Rail
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 NSSMC
7.3 Taiyuan Heavy Industry
7.4 Masteel
7.5 GHH-BONATRANS
7.6 Jinxi Axle
7.7 Interpipe
7.8 Penn Machine
7.9 EVRAZ NTMK
7.10 OMK
7.11 Xinyang Tonghe Wheels
7.12 GMH-Gruppe
Chapter 8 Upstream and Downstream Analysis of Wheels & Axles for Railways
8.1 Industrial Chain of Wheels & Axles for Railways
8.2 Upstream of Wheels & Axles for Railways
8.3 Downstream of Wheels & Axles for Railways
Chapter 9 Development Trend of Wheels & Axles for Railways (2023-2031)
9.1 Global Wheels & Axles for Railways Market Size (Sales and Revenue) Forecast (2023-2031)
9.2 Global Wheels & Axles for Railways Market Size and CAGR Forecast by Region (2023-2031)
9.3 Global Wheels & Axles for Railways Market Size and CAGR Forecast by Type (2023-2031)
9.4 Global Wheels & Axles for Railways Market Size and CAGR Forecast by Application (2023-2031)
9.5 Global Wheels & Axles for Railways Market Size and CAGR Forecast by Sales Channel (2023-2031)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
Research Methodology:
Global Wheels & Axles for Railways 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.
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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
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