Global Railway Fasteners Market Growth 2023-2029
Railway fasteners are the components of the track that are used to join steel rails and railway sleepers (or others under rail foundations), also known as the intermediate connection parts. Their functions are to fix steel rails on railway sleepers, maintain the gauge and prevent the rails from moving longitudinally and laterally relative to the sleepers. They include railway spikes, rail pads, and elastic or rigid fasteners.
LPI (LP Information)' newest research report, the “Railway Fasteners Industry Forecast” looks at past sales and reviews total world Railway Fasteners sales in 2022, providing a comprehensive analysis by region and market sector of projected Railway Fasteners sales for 2023 through 2029. With Railway Fasteners sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Railway Fasteners industry.
This Insight Report provides a comprehensive analysis of the global Railway Fasteners landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Railway Fasteners portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Railway Fasteners market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Railway Fasteners and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Railway Fasteners.
The global Railway Fasteners market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Railway Fasteners is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Railway Fasteners is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Railway Fasteners is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Railway Fasteners players cover AGICO, Vossloh, Pandrol (Delachaux), Lewis Bolt & Nut Co, Voestalpine, L.B. Foster, United Industrial, Lederer and Boellhoff, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Railway Fasteners market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Bolt Type
Non-Bolt Type
Segmentation by application
High Speed Rail
Conventional Rail
Urban Transport Rail
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AGICO
Vossloh
Pandrol (Delachaux)
Lewis Bolt & Nut Co
Voestalpine
L.B. Foster
United Industrial
Lederer
Boellhoff
Progress Rail (Caterpillar)
Taicang Zhongbo Railway Fastening
Shanghai Suyu Railway Material
Gem-Year Industrial
Suzhou HuiBo Railway Fastener
Shanghai Guokeng Railway Engineering Equipment
Kunshan Alex Railway Fastening
LT Factory
Key Questions Addressed in this Report
What is the 10-year outlook for the global Railway Fasteners market?
What factors are driving Railway Fasteners market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Railway Fasteners market opportunities vary by end market size?
How does Railway Fasteners break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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