Abstract
Summary
An axle is a rod or shaft that rotates the wheels and supports the weight of railway vehicle.
The global market for Train Axles was estimated to be worth US$ 832 million in 2023 and is forecast to a readjusted size of US$ 986.9 million by 2030 with a CAGR of 2.4% during the forecast period 2024-2030
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Train Axles, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Train Axles by region & country, by Type, and by Application.
The Train Axles market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Train Axles.
Market Segmentation
By Company
Taiyuan Heavy
Nippon Steel
Evraz
Lucchini RS
GHH-Bontrans
Jinxi Axle Company
Rail Wheel Factory
Bochumer Verein Verkehrstechnik (BVV)
Masteel
Kolowag
Amsted Rail
CAF
Standard Forged Products
MWL
Semco
CRRC Datong
Comsteel
Interpipe
Jiangsu Railteco
Swasap
Segment by Type:
Solid Axles
Hollow Axles
Segment by Application
Freight Wagons
Passenger Wagons
High Speed
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Train Axles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Train Axles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Train Axles in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
The global market for Train Axles was estimated to be worth US$ 832 million in 2023 and is forecast to a readjusted size of US$ 986.9 million by 2030 with a CAGR of 2.4% during the forecast period 2024-2030
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Train Axles, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Train Axles by region & country, by Type, and by Application.
The Train Axles market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Train Axles.
Market Segmentation
By Company
Taiyuan Heavy
Nippon Steel
Evraz
Lucchini RS
GHH-Bontrans
Jinxi Axle Company
Rail Wheel Factory
Bochumer Verein Verkehrstechnik (BVV)
Masteel
Kolowag
Amsted Rail
CAF
Standard Forged Products
MWL
Semco
CRRC Datong
Comsteel
Interpipe
Jiangsu Railteco
Swasap
Segment by Type:
Solid Axles
Hollow Axles
Segment by Application
Freight Wagons
Passenger Wagons
High Speed
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Train Axles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Train Axles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Train Axles in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
1.1 Train Axles Product Introduction
1.2 Global Train Axles Market Size Forecast
1.2.1 Global Train Axles Sales Value (2019-2030)
1.2.2 Global Train Axles Sales Volume (2019-2030)
1.2.3 Global Train Axles Sales Price (2019-2030)
1.3 Train Axles Market Trends & Drivers
1.3.1 Train Axles Industry Trends
1.3.2 Train Axles Market Drivers & Opportunity
1.3.3 Train Axles Market Challenges
1.3.4 Train Axles Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Train Axles Players Revenue Ranking (2023)
2.2 Global Train Axles Revenue by Company (2019-2024)
2.3 Global Train Axles Players Sales Volume Ranking (2023)
2.4 Global Train Axles Sales Volume by Company Players (2019-2024)
2.5 Global Train Axles Average Price by Company (2019-2024)
2.6 Key Manufacturers Train Axles Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Train Axles Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Train Axles
2.9 Train Axles Market Competitive Analysis
2.9.1 Train Axles Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Train Axles Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Train Axles as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Solid Axles
3.1.2 Hollow Axles
3.2 Global Train Axles Sales Value by Type
3.2.1 Global Train Axles Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Train Axles Sales Value, by Type (2019-2030)
3.2.3 Global Train Axles Sales Value, by Type (%) (2019-2030)
3.3 Global Train Axles Sales Volume by Type
3.3.1 Global Train Axles Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Train Axles Sales Volume, by Type (2019-2030)
3.3.3 Global Train Axles Sales Volume, by Type (%) (2019-2030)
3.4 Global Train Axles Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Freight Wagons
4.1.2 Passenger Wagons
4.1.3 High Speed
4.2 Global Train Axles Sales Value by Application
4.2.1 Global Train Axles Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Train Axles Sales Value, by Application (2019-2030)
4.2.3 Global Train Axles Sales Value, by Application (%) (2019-2030)
4.3 Global Train Axles Sales Volume by Application
4.3.1 Global Train Axles Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Train Axles Sales Volume, by Application (2019-2030)
4.3.3 Global Train Axles Sales Volume, by Application (%) (2019-2030)
4.4 Global Train Axles Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Train Axles Sales Value by Region
5.1.1 Global Train Axles Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Train Axles Sales Value by Region (2019-2024)
5.1.3 Global Train Axles Sales Value by Region (2025-2030)
5.1.4 Global Train Axles Sales Value by Region (%), (2019-2030)
5.2 Global Train Axles Sales Volume by Region
5.2.1 Global Train Axles Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Train Axles Sales Volume by Region (2019-2024)
5.2.3 Global Train Axles Sales Volume by Region (2025-2030)
5.2.4 Global Train Axles Sales Volume by Region (%), (2019-2030)
5.3 Global Train Axles Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Train Axles Sales Value, 2019-2030
5.4.2 North America Train Axles Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Train Axles Sales Value, 2019-2030
5.5.2 Europe Train Axles Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Train Axles Sales Value, 2019-2030
5.6.2 Asia Pacific Train Axles Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Train Axles Sales Value, 2019-2030
5.7.2 South America Train Axles Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Train Axles Sales Value, 2019-2030
5.8.2 Middle East & Africa Train Axles Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Train Axles Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Train Axles Sales Value
6.2.1 Key Countries/Regions Train Axles Sales Value, 2019-2030
6.2.2 Key Countries/Regions Train Axles Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Train Axles Sales Value, 2019-2030
6.3.2 United States Train Axles Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Train Axles Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Train Axles Sales Value, 2019-2030
6.4.2 Europe Train Axles Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Train Axles Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Train Axles Sales Value, 2019-2030
6.5.2 China Train Axles Sales Value by Type (%), 2023 VS 2030
6.5.3 China Train Axles Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Train Axles Sales Value, 2019-2030
6.6.2 Japan Train Axles Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Train Axles Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Train Axles Sales Value, 2019-2030
6.7.2 South Korea Train Axles Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Train Axles Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Train Axles Sales Value, 2019-2030
6.8.2 Southeast Asia Train Axles Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Train Axles Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Train Axles Sales Value, 2019-2030
6.9.2 India Train Axles Sales Value by Type (%), 2023 VS 2030
6.9.3 India Train Axles Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Taiyuan Heavy
7.1.1 Taiyuan Heavy Company Information
7.1.2 Taiyuan Heavy Introduction and Business Overview
7.1.3 Taiyuan Heavy Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Taiyuan Heavy Train Axles Product Offerings
7.1.5 Taiyuan Heavy Recent Development
7.2 Nippon Steel
7.2.1 Nippon Steel Company Information
7.2.2 Nippon Steel Introduction and Business Overview
7.2.3 Nippon Steel Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Nippon Steel Train Axles Product Offerings
7.2.5 Nippon Steel Recent Development
7.3 Evraz
7.3.1 Evraz Company Information
7.3.2 Evraz Introduction and Business Overview
7.3.3 Evraz Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Evraz Train Axles Product Offerings
7.3.5 Evraz Recent Development
7.4 Lucchini RS
7.4.1 Lucchini RS Company Information
7.4.2 Lucchini RS Introduction and Business Overview
7.4.3 Lucchini RS Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Lucchini RS Train Axles Product Offerings
7.4.5 Lucchini RS Recent Development
7.5 GHH-Bontrans
7.5.1 GHH-Bontrans Company Information
7.5.2 GHH-Bontrans Introduction and Business Overview
7.5.3 GHH-Bontrans Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.5.4 GHH-Bontrans Train Axles Product Offerings
7.5.5 GHH-Bontrans Recent Development
7.6 Jinxi Axle Company
7.6.1 Jinxi Axle Company Company Information
7.6.2 Jinxi Axle Company Introduction and Business Overview
7.6.3 Jinxi Axle Company Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Jinxi Axle Company Train Axles Product Offerings
7.6.5 Jinxi Axle Company Recent Development
7.7 Rail Wheel Factory
7.7.1 Rail Wheel Factory Company Information
7.7.2 Rail Wheel Factory Introduction and Business Overview
7.7.3 Rail Wheel Factory Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Rail Wheel Factory Train Axles Product Offerings
7.7.5 Rail Wheel Factory Recent Development
7.8 Bochumer Verein Verkehrstechnik (BVV)
7.8.1 Bochumer Verein Verkehrstechnik (BVV) Company Information
7.8.2 Bochumer Verein Verkehrstechnik (BVV) Introduction and Business Overview
7.8.3 Bochumer Verein Verkehrstechnik (BVV) Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Bochumer Verein Verkehrstechnik (BVV) Train Axles Product Offerings
7.8.5 Bochumer Verein Verkehrstechnik (BVV) Recent Development
7.9 Masteel
7.9.1 Masteel Company Information
7.9.2 Masteel Introduction and Business Overview
7.9.3 Masteel Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Masteel Train Axles Product Offerings
7.9.5 Masteel Recent Development
7.10 Kolowag
7.10.1 Kolowag Company Information
7.10.2 Kolowag Introduction and Business Overview
7.10.3 Kolowag Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Kolowag Train Axles Product Offerings
7.10.5 Kolowag Recent Development
7.11 Amsted Rail
7.11.1 Amsted Rail Company Information
7.11.2 Amsted Rail Introduction and Business Overview
7.11.3 Amsted Rail Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Amsted Rail Train Axles Product Offerings
7.11.5 Amsted Rail Recent Development
7.12 CAF
7.12.1 CAF Company Information
7.12.2 CAF Introduction and Business Overview
7.12.3 CAF Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.12.4 CAF Train Axles Product Offerings
7.12.5 CAF Recent Development
7.13 Standard Forged Products
7.13.1 Standard Forged Products Company Information
7.13.2 Standard Forged Products Introduction and Business Overview
7.13.3 Standard Forged Products Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Standard Forged Products Train Axles Product Offerings
7.13.5 Standard Forged Products Recent Development
7.14 MWL
7.14.1 MWL Company Information
7.14.2 MWL Introduction and Business Overview
7.14.3 MWL Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.14.4 MWL Train Axles Product Offerings
7.14.5 MWL Recent Development
7.15 Semco
7.15.1 Semco Company Information
7.15.2 Semco Introduction and Business Overview
7.15.3 Semco Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Semco Train Axles Product Offerings
7.15.5 Semco Recent Development
7.16 CRRC Datong
7.16.1 CRRC Datong Company Information
7.16.2 CRRC Datong Introduction and Business Overview
7.16.3 CRRC Datong Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.16.4 CRRC Datong Train Axles Product Offerings
7.16.5 CRRC Datong Recent Development
7.17 Comsteel
7.17.1 Comsteel Company Information
7.17.2 Comsteel Introduction and Business Overview
7.17.3 Comsteel Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.17.4 Comsteel Train Axles Product Offerings
7.17.5 Comsteel Recent Development
7.18 Interpipe
7.18.1 Interpipe Company Information
7.18.2 Interpipe Introduction and Business Overview
7.18.3 Interpipe Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.18.4 Interpipe Train Axles Product Offerings
7.18.5 Interpipe Recent Development
7.19 Jiangsu Railteco
7.19.1 Jiangsu Railteco Company Information
7.19.2 Jiangsu Railteco Introduction and Business Overview
7.19.3 Jiangsu Railteco Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.19.4 Jiangsu Railteco Train Axles Product Offerings
7.19.5 Jiangsu Railteco Recent Development
7.20 Swasap
7.20.1 Swasap Company Information
7.20.2 Swasap Introduction and Business Overview
7.20.3 Swasap Train Axles Sales, Revenue and Gross Margin (2019-2024)
7.20.4 Swasap Train Axles Product Offerings
7.20.5 Swasap Recent Development
8 Industry Chain Analysis
8.1 Train Axles Industrial Chain
8.2 Train Axles Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Train Axles Sales Model
8.5.2 Sales Channel
8.5.3 Train Axles Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer