Global Steel Rail Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application
The steel rail is used to guide the train wheels far forwarding, by withstanding the enormous stress by the wheel when a train passes by, and transferring to the tie sleepers as well. The rail shall provide smooth and continuous rolling surface with least resistance. Generally speaking, the heavier the rails and the rest of the track work, the heavier and higher speed for the train these railroad tracks can carry. At electrified railway or automatic block sections, the railroad rail can also be used as the railroad track circuit.
Urban rail transit construction is the main driver of the industry.
The global Steel Rail market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Steel Rail market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Steel Rail in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
L.B. Foster Company
Steel Dynamics, Inc
Nippon Steel and Sumitomo Metal Corporation (NSSMC)
Jersey Shore Steel Company
Harmer Steel Products Company
Steel Authority of India Limited
EVRAZ Group SA
Voestalpine High Performance Metals Argentina S.A
Shanghai Suyu Railway Fastener (SUYU)
Kunshan Alex Railway Fastening
Anshan Zizhu International
By the product type, the market is primarily split into
High-Speed Steel Rail
Heavy-Duty Steel Rail
Mixed Traffic Steel Rail
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Steel Rail market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Steel Rail market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Steel Rail manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Steel Rail with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Steel Rail submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Steel Rail are as follows:
History Year: 2014-2018
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Steel Rail market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Steel Rail market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.