Market Overview:
Rail grinding vehicles are used to clean and smooth the surface of railway tracks. The global rail grinding vehicle 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 railways and rising investments in railway infrastructure projects across the globe. The global rail grinding vehicle market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into switch rail grinding vehicles and main line rail grinding vehicles. Switch rail grinding vehicles are used for cleaning and smoothing switches, while main line rail grinders are used for cleaning and smoothing track sections that carry heavy traffic loads such as passenger or freight trains. On the basis of application,the market is divided into ballastless track systemsand ballast track systems . Ballastless track systems use a rubber pad or polyurethane pad as a support system beneath rails insteadof traditional ballast stones between ties; this reduces noise levelsand vibration caused by trains running over tracks .
Product Definition:
Rail grinding vehicles are special purpose railroad cars that are equipped with grinding equipment to smooth and restore the surface of railroad tracks. Rail grinding is important because it helps to ensure safe and smooth train travel, as well as prolonging the life of the tracks.
Switch:
The switch is a device used in rail grinding vehicles to change the grinding wheels while working. It's basically an arm that can be lowered or elevated and locked into position by a lever, which also controls the feed of workpieces. The switches are mounted on each side of the frame in between two wheels, so they can easily move from one side to another without getting in the way of either wheel.
Main Line:
The main line is a track that forms the spine of any rail network. It is also known as the central line or primary line and generally runs parallel to the axis of a city, town or suburban area. The main lines in Rail Grinding Vehicle (RGV) market are used for transporting raw materials such as iron ore pellets, coal and limestone from mines to steel mills or power plants for further processing.
Application Insights:
The ballastless track application segment dominated the global rail grinding vehicle market in 2017. This is owing to its ability to reduce maintenance cost and time as well as provide better traction for trains. In addition, the use of rail grinding vehicles with ballastless track system reduces construction cost by approximately 20%. Ballast track on the other hand is preferred for high traffic density areas due to increased need for repairs and maintenance.
Ballastless tracks are mainly used in elevated railways or those operating at a height of more than 6 kV where electrification uses an overhead line system. These systems require no permanent way foundation or bedding down of equipment and can be laid using normal railway techniques such as laying rails on sleepers over prepared ground surfaces without having to insert any form of steel block between the rails called a frog (or fish).
Regional Analysis:
Asia Pacific dominated the global rail grinding vehicle market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing infrastructure spending coupled with rising demand for high-quality steel from various end-use industries, such as construction, automotive, aerospace and others.
The Asia Pacific region is also home to several key players who are investing heavily in new plant & machinery and technology development activities. For instance, Nippon Steel & Sumitomo Metal Corporation (NSSMC) has planned an investment of USD X billion by 2021 for expanding its production capacity at its India plant. This expansion will increase the production capacity of flat products such as bar stock and plate products by around 30%, which will further propel industry growth in coming years.
Growth Factors:
- Increasing demand for high-speed trains and metros across the globe
- Growing investments in rail infrastructure projects
- Proliferation of rail grinding vehicles as a preventive maintenance measure to improve train safety and reliability
- Rising awareness about the benefits of rail grinding vehicles among railway operators and authorities
- Technological advancements that result in better performance, efficiency, and productivity of rail grinding vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Rail Grinding Vehicle Market Research Report
By Type
Switch, Main Line
By Application
Ballastless Track, Ballast Track
By Companies
CRRC, Vossloh, CRCC High-Tech Equipment, Loram Maintenance of Way, Linsinger, Harsco, Plasser, Strukton, Speno, Remputmash Group, GEATECH Group, Gemac Engineering, MATISA, CHSR, S-milling Technologies GmbH
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Rail Grinding Vehicle Market Report Segments:
The global Rail Grinding Vehicle market is segmented on the basis of:
Types
Switch, Main Line
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
Ballastless Track, Ballast Track
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:
- CRRC
- Vossloh
- CRCC High-Tech Equipment
- Loram Maintenance of Way
- Linsinger
- Harsco
- Plasser
- Strukton
- Speno
- Remputmash Group
- GEATECH Group
- Gemac Engineering
- MATISA
- CHSR
- S-milling Technologies GmbH
Highlights of The Rail Grinding Vehicle 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:
- Switch
- Main Line
- By Application:
- Ballastless Track
- Ballast Track
- 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 Grinding Vehicle 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
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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 grinding vehicle is a machine used to grind railway rails.
Some of the major players in the rail grinding vehicle market are CRRC, Vossloh, CRCC High-Tech Equipment, Loram Maintenance of Way, Linsinger, Harsco, Plasser, Strukton, Speno, Remputmash Group, GEATECH Group, Gemac Engineering, MATISA, CHSR, S-milling Technologies GmbH.
The rail grinding vehicle 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 Grinding Vehicle 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 Grinding Vehicle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rail Grinding Vehicle 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 Grinding Vehicle 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 Grinding Vehicle Market Size & Forecast, 2020-2028
4.5.1 Rail Grinding Vehicle Market Size and Y-o-Y Growth
4.5.2 Rail Grinding Vehicle 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 Switch
5.2.2 Main Line
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 Ballastless Track
6.2.2 Ballast Track
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rail Grinding Vehicle 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 Grinding Vehicle 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 Switch
9.6.2 Main Line
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 Ballastless Track
9.10.2 Ballast Track
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 Switch
10.6.2 Main Line
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 Ballastless Track
10.10.2 Ballast Track
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 Switch
11.6.2 Main Line
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 Ballastless Track
11.10.2 Ballast Track
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 Switch
12.6.2 Main Line
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 Ballastless Track
12.10.2 Ballast Track
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 Switch
13.6.2 Main Line
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 Ballastless Track
13.10.2 Ballast Track
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 Grinding Vehicle Market: Competitive Dashboard
14.2 Global Rail Grinding Vehicle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CRRC
14.3.2 Vossloh
14.3.3 CRCC High-Tech Equipment
14.3.4 Loram Maintenance of Way
14.3.5 Linsinger
14.3.6 Harsco
14.3.7 Plasser
14.3.8 Strukton
14.3.9 Speno
14.3.10 Remputmash Group
14.3.11 GEATECH Group
14.3.12 Gemac Engineering
14.3.13 MATISA
14.3.14 CHSR
14.3.15 S-milling Technologies GmbH
