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Railway Brake Systems Market, Global Outlook and Forecast 2022-2028

Railway Brake Systems Market, Global Outlook and Forecast 2022-2028

  • Published on : 08 June 2022
  • Pages :70
  • Report Code:SMR-7139166

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Report overview

Fluorescent pigments are luminescent materials that require no artificially generated energy to reflect colored light and to give off fluorescent light. Fluorescent pigments are composed of dyed organic polymers that are formulated to be solvents for the fluorescence dyestuff. In contrast to ordinary colors, light emitted from a fluorescent color adds to the light returned by simple reflection to give the glow characteristic of daylight-fluorescent materials.
The migration of the Fluorescent pigments business to Asia, particularly China and India, continues. Since the mid-1990s, production in China and India has rapidly increased; China is now the world's largest consumer of Fluorescent pigments. Additional medium-tier to higher-value Fluorescent pigments also migrates to China from North America, Europe and Japan. Production in Europe, USA and Japan continues on a downward trend as the market has become globalized and gross margins have been squeezed.
This report contains market size and forecasts of Railway Brake Systems in global, including the following market information:
Global Railway Brake Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Railway Brake Systems Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Railway Brake Systems companies in 2021 (%)
The global Railway Brake Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Brakeshoe Brake System Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Railway Brake Systems include Wabtec, Escorts Limited, Knorr-Bremse, Akebono, NYAB Products, European Braking Systems, CLEARSY SYSTEMS ENGINEERING, Amsted Rail and Shanghai Suyu Railway Material, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Railway Brake Systems 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 Brake Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Brake Systems Market Segment Percentages, by Type, 2021 (%)
Brakeshoe Brake System
Disc Brake System
Global Railway Brake Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Brake Systems Market Segment Percentages, by Application, 2021 (%)
Railway Lines
Subway
Others
Global Railway Brake Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Brake Systems 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 Brake Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Railway Brake Systems revenues share in global market, 2021 (%)
Key companies Railway Brake Systems sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Railway Brake Systems sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Wabtec
Escorts Limited
Knorr-Bremse
Akebono
NYAB Products
European Braking Systems
CLEARSY SYSTEMS ENGINEERING
Amsted Rail
Shanghai Suyu Railway Material
DAKO-CZ
CRRC