Global Railway Couplers Market 2023-2027
The railway couplers market is forecasted to grow by USD 275.16 mn during 2022-2027, accelerating at a CAGR of 2.53% during the forecast period. The report on the railway couplers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by investments in new railway projects, increased demand for rail logistics due to rising trade activities, and a focus on upgrading and modernizing railway infrastructure.
Technavio's railway couplers market is segmented as below:
By Product
By Application
- Passenger train
- High speed train
- Freight train
- Metro and light rail
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the concept of virtually coupled trains as one of the prime reasons driving the railway coupler's market growth during the next few years. Also, the increasing adoption of IoT in railways and the advent of high-speed railways will lead to sizable demand in the market.
The report on the railway couplers market covers the following areas:
- Railway couplers market sizing
- Railway couplers market forecast
- Railway couplers market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading railway couplers market vendors that include A.D. Electrosteel Pvt. Ltd., aichele GROUP GmbH Co. KG, Amsted Industries Inc., CIM LAF, Dellner Couplers AB, Esco Group, Escorts Kubota Ltd., Flender GmbH, Irwin Car and Equipment, Jiangsu Tedrail Industrial Co. Ltd., Nippon Steel Corp., OLEO International, Rail Udyog, Shanghai Suyu Railway Material, Strato Inc., Titagarh Wagons Ltd., Voith GmbH and Co. KGaA, and Wabtec Corp.. Also, the railway couplers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.