Train Bogies Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
A bogie is a structure underneath a railway vehicle body to which axles and wheels are attached through bearings.
Europe has the largest global export quantity and manufacturers in Train Bogies market, while the China is the second sales volume market for Train Bogies in 2017.
In the industry, CRRC Sifang Co., Ltd. profits most in 2017 and recent years, while Amsted Rail and Siemens AG ranked 2 and 3.The market share of them is 15.73%, 14.52% and 12.74% in 2017.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are three mainly types of Train Bogies, including 2-axle Bogies, 3-axle Bogies and Others. And 2-axle Bogies is the main type for Train Bogies, and the 2-axle Bogies reached a sales volume of approximately 40674 Unit in 2017, with 62.78% of global sales volume.
The Global Train Bogies Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Train Bogies Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
CRRC Sifang Co., Ltd.
Amsted Rail
Tatravagónka
Siemens AG
Kawasaki
Alstom
Bombardier
NSSMC
WBN Waggonbau Niesky GmbH
Titagarh Group
Jiangsu Railteco Equipment Co., Ltd.
Ganz Moto
PROMEC srl
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
2-axle Bogies
3-axle Bogies
Others
In Market segmentation by applications :
Subway Train
Normal-Speed Railway Train
High-Speed Railway Train
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Train Bogies Market for the forecast period 2023 - 2030?
• What are the driving forces in the Train Bogies 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 Train Bogies 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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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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