Market Overview:
The global rail fastenings market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-speed and heavy-haul railways, and the growing urban transport sector. The market is segmented by type, application, and region. By type, the market is segmented into concrete pillow fastener, buckle plate fastener, and spring fastener. Concrete pillow fasteners are expected to dominate the global rail fastenings market during the forecast period owing to their ability to withstand high loads and vibrations. By application, the global rail Fastenings Market is divided into conventional railways, high-speed railways,, heavy haul railways,,and urban transport sectors .
Product Definition:
Rail fastenings are the devices used to attach rails to railroad ties. They may be spikes, bolts, or screws. Rail fastenings hold the rails in place and keep them from moving around, which can cause derailments.
Concrete Pillow Fastener:
Concrete pillow fastener is a new term in the Rail Fastenings market. It was introduced by the Concrete Piling Association to define an equipment used for joining two or more rail sections with a common rail or channel section. The concrete pillows are made of high strength steel and coated with zinc to protect them from rusting. They have replaceable blades that are easy to install and remove as per requirement, without any special tools required for the same.
Buckle Plate Fastener:
Buckle plate fasteners are used in rail fastenings to provide additional support for the rail and also to make sure that the bracket or nut inserted into the hole remains tight. The common types of buckle plate fasteners include wing nuts, regular nuts, hexagonal nuts, and square nuts.
Application Insights:
Conventional rail fastenings dominated the application segment in 2017, accounting for over 60.0% share of the total revenue. Conventional rails are widely used to build heavy-haul railways as well as high speed railways. The conventional rail segment is further divided into two categories namely primary and secondary conventional rails based on their usage in railway track construction. Primary conventional rails are embedded within a concrete foundation while secondary conventional rails are attached to it at intervals of several yards or feet.
The high-speed rail segment is expected to witness significant growth over the forecast period owing to increasing demand from countries such as China, Japan and South Korea for building new railway lines connecting their cities with foreign cities through High-speed Railways (HSR).
Regional Analysis:
Europe dominated the global rail fastenings market in 2017. The presence of stringent government regulations regarding track geometry and maintenance is expected to drive the product demand over the forecast period. In addition, high investments in infrastructure development by governments of major countries such as France, Germany and Italy are expected to boost product demand over the next eight years.
Asia Pacific is anticipated to witness significant growth owing to increasing number of infrastructure projects undertaken by governments for developing urban transport facilities such as metro trains and light rail networks across various countries including China, India, Thailand etc.
Growth Factors:
- Increasing demand for rail transportation in developing countries
- Growing investments in railway infrastructure by governments and transport authorities
- Proliferation of high-speed and bullet trains, which require advanced fastening systems
- Rising demand for freight transport as a result of global trade growth
- Technological advancements that improve the safety, efficiency, and performance of rail fastenings
Scope Of The Report
Report Attributes
Report Details
Report Title
Rail Fastenings Market Research Report
By Type
Concrete Pillow Fastener, Buckle Plate Fastener, Spring Fastener
By Application
Conventional Rail, High Speed, Heavy-haul, Urban Transport
By Companies
Pandrol, Vossloh Fastening Systems, L.B. Foster, Progress Rail Services Corporation, Lewis Bolt & Nut Co, AGICO, CRCHI, Gem-Year Corporation, Alex Railway Fastening
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Rail Fastenings Market Report Segments:
The global Rail Fastenings market is segmented on the basis of:
Types
Concrete Pillow Fastener, Buckle Plate Fastener, Spring Fastener
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Conventional Rail, High Speed, Heavy-haul, Urban Transport
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pandrol
- Vossloh Fastening Systems
- L.B. Foster
- Progress Rail Services Corporation
- Lewis Bolt & Nut Co
- AGICO
- CRCHI
- Gem-Year Corporation
- Alex Railway Fastening
Highlights of The Rail Fastenings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Concrete Pillow Fastener
- Buckle Plate Fastener
- Spring Fastener
- By Application:
- Conventional Rail
- High Speed
- Heavy-haul
- Urban Transport
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rail Fastenings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rail fastenings are metal or plastic brackets that are used to secure railings to a wall.
Some of the major players in the rail fastenings market are Pandrol, Vossloh Fastening Systems, L.B. Foster, Progress Rail Services Corporation, Lewis Bolt & Nut Co, AGICO, CRCHI, Gem-Year Corporation, Alex Railway Fastening.
The rail fastenings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rail Fastenings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rail Fastenings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rail Fastenings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rail Fastenings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rail Fastenings Market Size & Forecast, 2020-2028
4.5.1 Rail Fastenings Market Size and Y-o-Y Growth
4.5.2 Rail Fastenings Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Concrete Pillow Fastener
5.2.2 Buckle Plate Fastener
5.2.3 Spring Fastener
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Conventional Rail
6.2.2 High Speed
6.2.3 Heavy-haul
6.2.4 Urban Transport
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rail Fastenings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rail Fastenings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Concrete Pillow Fastener
9.6.2 Buckle Plate Fastener
9.6.3 Spring Fastener
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Conventional Rail
9.10.2 High Speed
9.10.3 Heavy-haul
9.10.4 Urban Transport
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Concrete Pillow Fastener
10.6.2 Buckle Plate Fastener
10.6.3 Spring Fastener
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Conventional Rail
10.10.2 High Speed
10.10.3 Heavy-haul
10.10.4 Urban Transport
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Concrete Pillow Fastener
11.6.2 Buckle Plate Fastener
11.6.3 Spring Fastener
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Conventional Rail
11.10.2 High Speed
11.10.3 Heavy-haul
11.10.4 Urban Transport
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Concrete Pillow Fastener
12.6.2 Buckle Plate Fastener
12.6.3 Spring Fastener
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Conventional Rail
12.10.2 High Speed
12.10.3 Heavy-haul
12.10.4 Urban Transport
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Concrete Pillow Fastener
13.6.2 Buckle Plate Fastener
13.6.3 Spring Fastener
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Conventional Rail
13.10.2 High Speed
13.10.3 Heavy-haul
13.10.4 Urban Transport
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rail Fastenings Market: Competitive Dashboard
14.2 Global Rail Fastenings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pandrol
14.3.2 Vossloh Fastening Systems
14.3.3 L.B. Foster
14.3.4 Progress Rail Services Corporation
14.3.5 Lewis Bolt & Nut Co
14.3.6 AGICO
14.3.7 CRCHI
14.3.8 Gem-Year Corporation
14.3.9 Alex Railway Fastening
