Rail Wheels a type of Wheel specially designed for use on rail tracks. The Wheels is on the rails without guidance except for the shape of the tyre in relation to the rail head. Contrary to popular belief, the flanges should not touch the rails. Flanges are only a last resort to prevent the wheels becoming derailed - they&re a safety feature. The Wheel tyre is coned and the rail head slightly curved.

Ideally, the Wheel profile should be determined by agreement between the railway infrastructure owner and the rolling stock owner. Of course, it varies from place to place but it is rarely a simple angle. It&s usually a carefully calculated compound form. With respect to the rail angle, in the UK for example, it is set at 1 in 20 (1/20 or 0.05). In the US and France it&s usually at 1/40. Light rail systems operating over roadways will have special profiles.

Globally, the rail wheels industry market is low concentrated as the manufacturing technology of rail wheels is relatively matures than some high-tech equipment. And some enterprises, like NSSMC, Interpipe, EVRAZ NTMK and Vyksa Steel Works (VSW), etc. are well-known for the wonderful performance of their rail wheels and related services. Europe, North America and Asia-Pacific are the major consumption regions and their market share is 15.32%, 8.55% and 49.60%
The consumption volume of rail wheels is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of rail wheels industry may not keep that fast. But it is surely forecasted that the market of rail wheels is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.

The report offers detailed coverage of Rail Wheel (Railway Wheel) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Rail Wheel (Railway Wheel) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Rail Wheel (Railway Wheel) market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global Rail Wheel (Railway Wheel) market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
NSSMC
Interpipe
EVRAZ NTMK
Vyksa Steel Works (VSW)
Bochumer Verein Verkehrstechnik (BVV)
Lucchini RS
Rail Wheel Factory
GHH-Bonatrans
Durgapur Steel Plant
Amsted Rail
Semco
Comsteel
Kolowag
Masteel
Taiyuan Heavy Industry
Datong ABC Castings Company
Xinyang Tonghe wheels
Zhibo Lucchini Railway Equipment

At the same time, we classify Rail Wheel (Railway Wheel) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
High speed
Freight Wagons
Passenger Wagons
Locos
Market by Application
OE Market
AM Market

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Rail Wheel (Railway Wheel) market for the forecast period 2023 - 2030?
• What are the driving forces in the Rail Wheel (Railway Wheel) market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Rail Wheel (Railway Wheel) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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