Global Rolling Stock Wheel Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Rolling Stock Wheel Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A train wheel or rail wheel is a type of wheel specially designed for use on railway tracks. The wheel acts as a rolling component, typically pushed onto an axle and mounted directly on a railway carriage or locomotive, or indirectly on a bogie (in the UK), also called a truck (in North America). The powered wheels under the locomotive are called Driving Wheels. Wheels are initially cast or forged and then heat-treated to have a specific hardness.

The report focuses on passenger train wheels and freight wagons wheels, etc.

According to our (Global Info Research) latest study, the global Rolling Stock Wheel market size was valued at US$ 3360 million in 2023 and is forecast to a readjusted size of USD 4158 million by 2030 with a CAGR of 3.1% during review period.

Global key players of Rolling Stock Wheel include Interpipe, Amsted Rail, OMK Steel, Masteel Group, EVRAZ NTMK and ZHIQI RAILWAY EQUIPMENT, etc. Top five players occupy for a share about 49%. Asia-Pacific is the largest market, with a share about 46%, followed by Europe and North America. In terms of product, Forged Wheels is the largest segment, with a share over 69%. In terms of application, Freight Wagons is the largest market, with a share over 62%.

This report is a detailed and comprehensive analysis for global Rolling Stock Wheel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Rolling Stock Wheel market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Rolling Stock Wheel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Rolling Stock Wheel market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Rolling Stock Wheel market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Rolling Stock Wheel

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Rolling Stock Wheel market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Interpipe, Nippon Steel corporation, Standard Steel, OMK Steel, Masteel Group, EVRAZ NTMK, ZHIQI RAILWAY EQUIPMENT, Amsted Rail, Taiyuan Heavy Industry, Bochumer Verein Verkehrstechnik (BVV), etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Rolling Stock Wheel market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Casting
Forged

Market segment by Application
High Speed
Freight Wagons
Passenger Wagons
Locos

Major players covered
Interpipe
Nippon Steel corporation
Standard Steel
OMK Steel
Masteel Group
EVRAZ NTMK
ZHIQI RAILWAY EQUIPMENT
Amsted Rail
Taiyuan Heavy Industry
Bochumer Verein Verkehrstechnik (BVV)
GHH-Bonatrans
Lucchini RS
Datong ABC Castings Company Limited (DACC)
Xinyang Amsted Tonghe Wheels
CAF
Rolling Stock Wheel Factory
MWL
Comsteel

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Rolling Stock Wheel product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Rolling Stock Wheel, with price, sales quantity, revenue, and global market share of Rolling Stock Wheel from 2019 to 2024.

Chapter 3, the Rolling Stock Wheel competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Rolling Stock Wheel breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Rolling Stock Wheel market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Rolling Stock Wheel.

Chapter 14 and 15, to describe Rolling Stock Wheel sales channel, distributors, customers, research findings and conclusion.