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PUBLISHER: IMARC | PRODUCT CODE: 1541430
PUBLISHER: IMARC | PRODUCT CODE: 1541430
Railway Maintenance Machinery Market Report by Product Type, Application, Sales Type, and Region 2024-2032
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PAGES: 147 Pages
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The global railway maintenance machinery market size reached US$ 4.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
Railway maintenance machinery refers to the equipment used to monitor and fix damages on the railway tracks. Some of the commonly used machineries include tampers, ballast regulators, dynamic track stabilizers, ballast cleaners and undercutters. They are majorly used for inspecting, repairing and maintaining railway tracks to ensure smooth functioning and enhanced operational life of the railway tracks. They are also utilized for the mechanical maintenance of vertical and horizontal alignment of the railway tracks. The equipment can be utilized on both ballast and non-ballast tracks to lift the sleeper and pack the ballast to prevent abrasion, deformation, change of geometry and damage to various components of the tracks.
Railway Maintenance Machinery Market Trends:
Significant improvement in the railway infrastructure, especially in developing economies, is one of the key factors driving the market growth. Governments are extensively investing in refurbishing the existing railway tracks to provide a secure, safe and efficient travel experience to the masses. Moreover, increasing instances of railway accidents and train derailment is also providing a thrust to the market growth. Periodic maintenance activities aid in preventing such incidents and minimizing the loss of lives and property. In line with this, the widespread adoption of electric trains in place of fuel-powered trains is also increasing the demand for railway maintenance machinery. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT) and artificial intelligence (AI) solutions, are acting as other growth-inducing factors. Railway maintenance organizations are using scalable and cloud-based systems for signaling, controlling, supervising and protecting railway systems. Other factors, including rapid urbanization, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global railway maintenance machinery market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on product type, application and sales type.
Breakup by Product Type:
Tamping Machine
Stabilizing Machinery
Rail Handling Machinery
Ballast Cleaning Machinery
Others
Breakup by Application:
Ballast Track
Non-Ballast Track
Breakup by Sales Type:
New Sales
Aftermarket
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American Equipment Company Inc (Fluor Corporation), China Railway Construction Corporation Limited, Geatech Group srl, Harsco Corporation, Loram Maintenance of Way Inc. (Coril Holdings Ltd.), MATISA Industrial Materials S.A, Plasser & Theurer, Speno International SA, Strukton and Teraspyora-Steelwheel Oy.
Key Questions Answered in This Report
- 1. What was the size of the global railway maintenance machinery market in 2023?
- 2. What is the expected growth rate of the global railway maintenance machinery market during 2024-2032?
- 3. What are the key factors driving the global railway maintenance machinery market?
- 4. What has been the impact of COVID-19 on the global railway maintenance machinery market?
- 5. What is the breakup of the global railway maintenance machinery market based on the product type?
- 6. What is the breakup of the global railway maintenance machinery market based on the application?
- 7. What is the breakup of the global railway maintenance machinery market based on the sales type?
- 8. What are the key regions in the global railway maintenance machinery market?
- 9. Who are the key players/companies in the global railway maintenance machinery market?
Product Code: SR112024A4073
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Railway Maintenance Machinery Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Tamping Machine
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Stabilizing Machinery
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Rail Handling Machinery
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Ballast Cleaning Machinery
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Application
- 7.1 Ballast Track
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Non-Ballast Track
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Sales Type
- 8.1 New Sales
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Aftermarket
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 American Equipment Company Inc (Fluor Corporation)
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 China Railway Construction Corporation Limited
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Geatech Group srl
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Harsco Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Loram Maintenance of Way Inc. (Coril Holdings Ltd.)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 MATISA Industrial Materials S.A
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Plasser & Theurer
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Speno International SA
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Strukton
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 SWOT Analysis
- 14.3.10 Teraspyora-Steelwheel Oy
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.1 American Equipment Company Inc (Fluor Corporation)
Product Code: SR112024A4073
List of Figures
- Figure 1: Global: Railway Maintenance Machinery Market: Major Drivers and Challenges
- Figure 2: Global: Railway Maintenance Machinery Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Railway Maintenance Machinery Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Railway Maintenance Machinery Market: Breakup by Product Type (in %), 2023
- Figure 5: Global: Railway Maintenance Machinery Market: Breakup by Application (in %), 2023
- Figure 6: Global: Railway Maintenance Machinery Market: Breakup by Sales Type (in %), 2023
- Figure 7: Global: Railway Maintenance Machinery Market: Breakup by Region (in %), 2023
- Figure 8: Global: Railway Maintenance Machinery (Tamping Machine) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Railway Maintenance Machinery (Tamping Machine) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Railway Maintenance Machinery (Stabilizing Machinery) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Railway Maintenance Machinery (Stabilizing Machinery) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Railway Maintenance Machinery (Rail Handling Machinery) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Railway Maintenance Machinery (Rail Handling Machinery) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Railway Maintenance Machinery (Ballast Cleaning Machinery) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Railway Maintenance Machinery (Ballast Cleaning Machinery) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Railway Maintenance Machinery (Other Product Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Railway Maintenance Machinery (Other Product Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Railway Maintenance Machinery (Ballast Track) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Railway Maintenance Machinery (Ballast Track) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Railway Maintenance Machinery (Non-Ballast Track) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Railway Maintenance Machinery (Non-Ballast Track) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Railway Maintenance Machinery (New Sales) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Railway Maintenance Machinery (New Sales) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Railway Maintenance Machinery (Aftermarket) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Railway Maintenance Machinery (Aftermarket) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: North America: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: North America: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: United States: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: United States: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Canada: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Canada: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Asia-Pacific: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Asia-Pacific: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: China: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: China: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Japan: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Japan: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: India: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: India: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: South Korea: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: South Korea: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Australia: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Australia: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Indonesia: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Indonesia: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Others: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Others: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Europe: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Europe: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Germany: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Germany: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: France: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: France: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: United Kingdom: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: United Kingdom: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Italy: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Italy: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Spain: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Spain: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Russia: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Russia: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Others: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Others: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Latin America: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Latin America: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Brazil: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Brazil: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Mexico: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Mexico: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Others: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Others: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Middle East and Africa: Railway Maintenance Machinery Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Middle East and Africa: Railway Maintenance Machinery Market: Breakup by Country (in %), 2023
- Figure 74: Middle East and Africa: Railway Maintenance Machinery Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Global: Railway Maintenance Machinery Industry: SWOT Analysis
- Figure 76: Global: Railway Maintenance Machinery Industry: Value Chain Analysis
- Figure 77: Global: Railway Maintenance Machinery Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Railway Maintenance Machinery Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Railway Maintenance Machinery Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
- Table 3: Global: Railway Maintenance Machinery Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Railway Maintenance Machinery Market Forecast: Breakup by Sales Type (in Million US$), 2024-2032
- Table 5: Global: Railway Maintenance Machinery Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Railway Maintenance Machinery Market: Competitive Structure
- Table 7: Global: Railway Maintenance Machinery Market: Key Players
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