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Rail Market Is Supposed to Grow at a CAGR of 4.3% During Forecast Period, 2018-2025

QY Research has published the new industry research of the “Global Rail Market” The report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.

 

City of Industry, CA -- (SBWIRE) -- 09/21/2018 -- This study focuses on the production side and consumption side of Rail, presents the global Rail market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Rail capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this report focuses on the consumption of Rail by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

This report is focus on the global rail market. Rail is the most important component of rail track system. The train will run on the parallel rails, carrying passengers and freight. Fixed on the sleepers, rails pass the load of trains to sleepers. Rails generally described and specified by their weight per unit length. The minimum weight per meter of rail required depends on the maximum axle load of the trains that will run on the track. Generally, the heavier the rails and the rest of the track work, the heavier and faster the trains these tracks can carry. Rails represent a substantial fraction of the cost of a railway line. Only a small number of rail sizes are made by steelworks at one time, so a railway must choose the nearest suitable size.

Rails are the most important components of rail track system. The development of rail market has a close relationship with railway industry, which is one of the major solutions of passengers and freight transport. In recent years, the global rail market enjoyed a growth rate as high as 5% (production). In the last several years, developing regions are the major consumption market. To deal with the global economic crisis of 2008, China government have made mass infrastructure project, especially in rail infrastructure. With several years of development, China has the second longest rail line in the world and more than half of the high-speed rail in the global. And the rail market growth rate of China is slowing and stay on the global average level.

The Rail market was valued at 660 Million US$ in 2017 and is projected to reach 890 Million US$ by 2025, at a CAGR of 4.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Rail.

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This report includes the following manufacturers; we can also add the other companies as you want.

EVRAZ

ArcelorMittal

Tata Steel

NSSMC

Voestalpine

SAIL

JFE Steel

Mechel

ThyssenKrupp

Atlantic Track

Market Segment by Product Type

Heavy Rail

Light Rail

Market Segment by Application

Train Rail

Gantry Crane's Rail

Temporary Transport

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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