PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1522791
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1522791
Global Rail Gangways Market Size study, by Train Type, by Service, by Product Type, by Material, and Regional Forecasts 2022-2032
Global Rail Gangways Market is valued approximately at USD 592.88 million in 2023 and is anticipated to grow with a healthy growth rate of more than 5.72% over the forecast period 2024-2032. Rail Gangway refers to a narrow passageway or platform used to connect sections of railcars, providing a comfortable pathway for passengers to walk between them. These gangways comprise several key components such as hinge or pitching articulation, corrugated or double-corrugated bellows, articulation floors, energy guiding systems, air ducts, integrated lighting, among others. This system includes flexible components that allow for movement between compartments, ensuring safety and comfort standards.
The Global Rail Gangways Market is driven by increased allocation of budget for railway development, growing demand for passenger capacity, and rising emphasis on passenger comfort and experience. Governments worldwide are prioritizing the expansion and modernization of their railway networks to enhance transportation efficiency, reduce traffic congestion, and lower carbon emissions. This surge in investment is particularly prominent in developing regions where urbanization and economic growth are driving the need for improved public transportation infrastructure. Forever, the surge in development and testing of autonomous trains coupled with technological advancements presents lucrative growth opportunities for market players. However, regulatory compliance and safety standards, alongside high initial investments, pose significant challenges to market growth.
The key regions considered for the Global Rail Gangways Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Asia-Pacific holds a prominent share in the rail gangways market due to significant investments in metro and rail systems, contracts for rail gangway modernization, and local manufacturing initiatives. Countries such as China, India, Japan, and South Korea are at the forefront, focusing on developing metros and monorails to reduce travel time and pollution. Additionally, increased trade in the region is driving government investments in rail freight for goods transportation. Furthermore, the market in Asia Pacific is also anticipated to develop at the fastest rate over the forecast period 2024-2032.
Major market players included in this report are:
- Kasper-Elektronik GmbH
- ATG Autotechnik GmbH
- Hutchinson
- KTK Group
- Dellner
- Narita Mfg., Ltd.
- Airflow Equipments (India) PVT. Limited
- Victall
- Chongqing Hengtairail Equipment Co., Ltd.
- HBNER GmbH & Co. KG
The detailed segments and sub-segment of the market are explained below:
By Train Type:
- Passenger Train
- Metro and Subway Train
- High Speed Train
- Special Train
By Service:
- New Installation
- Upgradation
By Product Type:
- Single Piece Gangways
- Two Piece Gangways
By Material:
- Steel
- Aluminum
- Alloys
- Composites
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market
Table of Contents
Chapter 1. Global Rail Gangways Market Executive Summary
- 1.1. Global Rail Gangways Market Size & Forecast (2022- 2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Train Type
- 1.3.2. By Service
- 1.3.3. By Product Type
- 1.3.4. By Material
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Rail Gangways Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Rail Gangways Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Increase in allocation of budget for development of railways
- 3.1.2. Growth in demand for passenger capacity
- 3.1.3. Rise in demand for passenger comfort and experience
- 3.2. Market Challenges
- 3.2.1. Regulatory compliance and safety standards
- 3.2.2. High initial investment
- 3.3. Market Opportunities
- 3.3.1. Surge in development & testing of autonomous trains
- 3.3.2. Technological advancements
Chapter 4. Global Rail Gangways Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Rail Gangways Market Size & Forecasts by Train Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Rail Gangways Market: Train Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Passenger Train
- 5.2.2. Metro and Subway Train
- 5.2.3. High Speed Train
- 5.2.4. Special Train
Chapter 6. Global Rail Gangways Market Size & Forecasts by Service 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Rail Gangways Market: Service Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. New Installation
- 6.2.2. Upgradation
Chapter 7. Global Rail Gangways Market Size & Forecasts by Product Type 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Rail Gangways Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Single Piece Gangways
- 7.2.2. Two Piece Gangways
Chapter 8. Global Rail Gangways Market Size & Forecasts by Material 2022-2032
- 8.1. Segment Dashboard
- 8.2. Global Rail Gangways Market: Material Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 8.2.1. Steel
- 8.2.2. Aluminum
- 8.2.3. Alloys
- 8.2.4. Composites
Chapter 9. Global Rail Gangways Market Size & Forecasts by Region 2022-2032
- 9.1. North America Rail Gangways Market
- 9.1.1. U.S. Rail Gangways Market
- 9.1.1.1. Train Type breakdown size & forecasts, 2022-2032
- 9.1.1.2. Service breakdown size & forecasts, 2022-2032
- 9.1.1.3. Product Type breakdown size & forecasts, 2022-2032
- 9.1.1.4. Material breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Rail Gangways Market
- 9.1.2.1. Train Type breakdown size & forecasts, 2022-2032
- 9.1.2.2. Service breakdown size & forecasts, 2022-2032
- 9.1.2.3. Product Type breakdown size & forecasts, 2022-2032
- 9.1.2.4. Material breakdown size & forecasts, 2022-2032
- 9.1.1. U.S. Rail Gangways Market
- 9.2. Europe Rail Gangways Market
- 9.2.1. UK Rail Gangways Market
- 9.2.2. Germany Rail Gangways Market
- 9.2.3. France Rail Gangways Market
- 9.2.4. Spain Rail Gangways Market
- 9.2.5. Italy Rail Gangways Market
- 9.2.6. Rest of Europe Rail Gangways Market
- 9.3. Asia-Pacific Rail Gangways Market
- 9.3.1. China Rail Gangways Market
- 9.3.2. India Rail Gangways Market
- 9.3.3. Japan Rail Gangways Market
- 9.3.4. Australia Rail Gangways Market
- 9.3.5. South Korea Rail Gangways Market
- 9.3.6. Rest of Asia Pacific Rail Gangways Market
- 9.4. Latin America Rail Gangways Market
- 9.4.1. Brazil Rail Gangways Market
- 9.4.2. Mexico Rail Gangways Market
- 9.4.3. Rest of Latin America Rail Gangways Market
- 9.5. Middle East & Africa Rail Gangways Market
- 9.5.1. Saudi Arabia Rail Gangways Market
- 9.5.2. South Africa Rail Gangways Market
- 9.5.3. Rest of Middle East & Africa Rail Gangways Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Kasper-Elektronik GmbH
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Market Strategies
- 10.3.2. ATG Autotechnik GmbH
- 10.3.3. Hutchinson
- 10.3.4. KTK Group
- 10.3.5. Dellner
- 10.3.6. Narita Mfg., Ltd.
- 10.3.7. Airflow Equipments (India) PVT. Limited
- 10.3.8. Victall
- 10.3.9. Chongqing Hengtairail Equipment Co., Ltd.
- 10.3.10. HBNER GmbH & Co. KG
- 10.3.1. Kasper-Elektronik GmbH
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
