Global Railway Maintenance Machinery Market 2023-2027: Market is Poised to Grow by $1.44 Billion - IoT-based Remote Monitoring Propelling Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 22, 2022--
The “Global Railway Maintenance Machinery Market 2023-2027” report has been added to ResearchAndMarkets.com’s offering.
The railway maintenance machinery market is poised to grow by $1,442.03 million during 2023-2027, accelerating at a CAGR of 6.4%
This study identifies the IoT-based remote monitoring of trains and tracks as one of the prime reasons driving the railway maintenance machinery market growth during the next few years. Also, the rapid expansion of rail networks and increasing adoption of maglev projects will lead to sizable demand in the market.
The market is driven by the increasing number of railway electrification projects, growth in the upgradation of railway networks in developing countries, and the increasing adoption of railway maintenance machinery.
This report on the railway maintenance machinery 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 global market scenario, the latest trends and drivers, and the overall market environment.
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 maintenance machinery market vendors.
Also, the railway maintenance machinery 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.
Key Topics Covered:
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global railway maintenance machinery market 2017 - 2021
4.2 By Product Segment Analysis 2017 - 2021
4.3 By Application Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Application
6.1 Market segments
6.2 Comparison by Application
6.3 Ballast track - Market size and forecast 2022-2027
6.4 Non-ballast track - Market size and forecast 2022-2027
6.5 Market opportunity by Application
7 Market Segmentation by Product
7.1 Market segments
7.2 Comparison by Product
7.3 Work vehicles - Market size and forecast 2022-2027
7.4 Small equipment - Market size and forecast 2022-2027
7.5 Market opportunity by Product
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
- Alamo Group Inc.
- American Equipment Co.
- BBM Railway equipment LLC
- China Railway Construction Corp. Ltd.
- CRRC Corp. Ltd.
- Dipsa Technes Srl
- GEATECH Group Srl
- Harsco Corp.
- Jinzhou Tiegong Railway Maintenance Machinery Co. Ltd.
- Loram Maintenance of Way Inc.
- MATISA MATERIEL INDUSTRIEL SA
- Pandrol SAS
- Plasser and Theurer Export von Bahnbaumaschinen GmbH
- ROBEL Bahnbaumaschinen GmbH
- Siemens AG
- Sinara Transport Machines Holding
- Speno International SA
- Strukton Groep NV
- Teraspyora Steelwheel Oy
- United Industrial Pty Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/wnlkht
View source version on businesswire.com:https://www.businesswire.com/news/home/20221222005424/en/
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INDUSTRY KEYWORD: MANUFACTURING RAIL OTHER MANUFACTURING TRANSPORT ENGINEERING
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/22/2022 11:59 AM/DISC: 12/22/2022 12:00 PM