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The railway maintenance machinery market is poised to grow by $1,442.03 million during 2023-2027, accelerating at a CAGR of 6.4% during the forecast period. 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.Speak directly to the analyst to clarify any post sales queries you may have.
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 railway maintenance machinery market is segmented as below:
By Application
- Ballast track
- Non-ballast track
By Product
- Work vehicles
- Small equipment
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This report on the railway maintenance machinery market covers the following areas:
- Railway maintenance machinery market sizing
- Railway maintenance machinery market forecast
- Railway maintenance machinery market industry analysis
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 analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through 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 analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Executive Summary
The analyst recognizes the following companies as the key players in the global railway maintenance machinery market: 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, and United Industrial Pty Ltd.Commenting on the report, one of the report's analysts said: 'The latest trend gaining momentum in the market is IoT-based remote monitoring of trains and tracks.'
According to the report, one of the major drivers for this market is the increasing number of railway electrification projects.
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 a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.