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Heavy Rail Market, Global Outlook and Forecast 2023-2029

Heavy Rail Market, Global Outlook and Forecast 2023-2029

  • Published on : 20 March 2023
  • Pages :114
  • Report Code:SMR-7606651

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Report overview

This report studies the Heavy 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.
Heavy Rail is defined as the Rail weight is higher than 30 Kg/m.
This report aims to provide a comprehensive presentation of the global market for Heavy Rail, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heavy Rail. This report contains market size and forecasts of Heavy Rail in global, including the following market information:
  • Global Heavy Rail Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Heavy Rail Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Heavy Rail companies in 2022 (%)
The global Heavy Rail market was valued at US$ 8763.6 million in 2022 and is projected to reach US$ 11550 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The classification of Heavy Rail includes 30-40 Kg/m Rail, 40-50 Kg/m Rail, 50-60 Kg/m Rail and Above 60 Kg/m Rail. The proportion of 30-40 Kg/m Rail is about 30%.
China is the largest supplier of Heavy Rail, with a production market share nearly 35%. Europe is the second largest supplier of Heavy Rail, enjoying production market share nearly 28%.
Europe is the largest consumption place, with a consumption market share nearly 29%. Following Europe, China is the second largest consumption place with the consumption market share of 29%.
Ansteel, EVRAZ, BaoTou Steel and ArcelorMittal are the top 4 players of Heavy Rail, with about 47% market shares.
We surveyed the Heavy Rail 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 Heavy Rail Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heavy Rail Market Segment Percentages, by Type, 2022 (%)
  • 30-40 Kg/m Rail
  • 40-50 Kg/m Rail
  • 50-60 Kg/m Rail
  • Above 60 Kg/m Rail
Global Heavy Rail Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heavy Rail Market Segment Percentages, by Application, 2022 (%)
  • Railway Transit
  • Engineering & Construction
Global Heavy Rail Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heavy Rail Market Segment Percentages, By Region and Country, 2022 (%)
  • 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 Heavy Rail revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Heavy Rail revenues share in global market, 2022 (%)
  • Key companies Heavy Rail sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Heavy Rail sales share in global market, 2022 (%)
  • Further, the report presents profiles of competitors in the market, key players include:
  • Ansteel
  • EVRAZ
  • BaoTou Steel
  • ArcelorMittal
  • Tata Steel
  • SAIL
  • Wuhan Iron and Steel
  • NSSMC
  • Voestalpine
  • JSPL
  • Mechel
  • ThyssenKrupp
  • JFE Steel
  • OneSteel
  • Hesteel Group
  • Getzner Werkstoffe
  • Atlantic Track
  • Harmer Steel
  • RailOne
  • Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Heavy Rail, market overview.
  • Chapter 2: Global Heavy Rail market size in revenue and volume.
  • Chapter 3: Detailed analysis of Heavy Rail manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Heavy Rail in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Heavy Rail capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.