Quick Summary:
The rising global demand for rail transport infrastructure highlights the importance of comprehensive understanding of the Rail Fishplates market, estimated at US$4.5 Billion in 2022 and projected to reach a substantial US$6.9 Billion by 2030. Our detailed analysis lays bare the tremendous growth potential of this indispensable rail component, illuminating the nuances of distinct segments like Common Rail Joint and Insulated Rail Joint, their estimated growth rates, and their contribution to the overall market expansion.
This report also provides a crucial look at the regional dynamics of the Rail Fishplates market. Key markets including the U.S., China, Japan, Canada and Germany are analysed, aiding you in identifying promising opportunities and building effective localization strategies. With exclusive insight into top competitors like AGICO Group and Henry Williams Limited, amongst others, this report is an indispensable tool for all those aiming to stay at the forefront of the highly competitive Rail Fishplates market.
Global Rail Fishplates Market to Reach $6.9 Billion by 2030
The global market for Rail Fishplates estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$6.9 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2022-2030. Common Rail Joint, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Insulated Rail Joint segment is readjusted to a revised 6.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 8.5% CAGR
The Rail Fishplates market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 8.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.Select Competitors (Total 36 Featured) -
- AGICO Group
- Henry Williams Limited
- Jekay International Track Pvt. Ltd.
- Koppers Inc.
- L.B Foster
- Linzhou Changda Railway Material Co., Ltd.
- Shanghai Suyu Railway Material Co., Ltd.
- Taicang Zhongbo Railway Fastening Co., Ltd.
- Unipart Rail
- Xinxiang Luda Machinery Manufacturing Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Rail Fishplates?
What is the growth rate of the Global Market for Rail Fishplates?
What is the forecasted size of the Global Market for Rail Fishplates?
Who are the key companies in the Global Market for Rail Fishplates?
| Report Attribute | Details |
|---|---|
| No. of Pages | 92 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 4.5 Billion |
| Forecasted Market Value ( USD | $ 6.9 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- AGICO Group
- Henry Williams Limited
- Jekay International Track Pvt. Ltd.
- Koppers Inc.
- L.B Foster
- Linzhou Changda Railway Material Co., Ltd.
- Shanghai Suyu Railway Material Co., Ltd.
- Taicang Zhongbo Railway Fastening Co., Ltd.
- Unipart Rail
- Xinxiang Luda Machinery Manufacturing Co., Ltd.
