Market Overview:
The global railway compressors market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the railway compressors market can be attributed to the increasing demand for rapid transit vehicles, locomotives, and passenger coaches across the globe. Moreover, the growing adoption of oil-free scroll compressors and oil-injected screw compressors is also contributing to the growth of this market. In terms of type, the global railway compressors market is segmented into oil-free scroll compressors, oil-injected screw compressors, and others. The others segment includes centrifugal compressor and reciprocating compressor. Oil-free scroll compressor held a major share of this market in 2017 owing to its high efficiency and low noise levels as compared to other types of compressor technologies available in the market today. In terms of application, the global railway compressionmarket is divided into three segments: rapid transit vehicles (metros & light rail), locomotives (diesel & electric), and passenger coaches (suburban & intercity).
Product Definition:
Railway compressors are a type of locomotive-mounted compressor used to provide air for the brakes.
Oil-free Scroll Compressors:
Oil-free scroll compressors are machines designed to reduce the overall weight of a vehicle. They do not require oil for lubrication and have no moving parts, which makes them more efficient as they consume less energy. These compressors also produce lower emissions and can be used in conjunction with electric motors, making them eco-friendly.
The global railway industry is witnessing significant growth on account of increasing demand from emerging economies such as India, China, Brazil and Japan among others.
Oil-injected Screw Compressors:
Oil-injected screw compressors are the most commonly used equipment in railway compressor market. These compressors have advantages over conventional ones such as they can work at higher speed, they consume less fuel and produce low noise.
Advantages of oil-injected screw compressors include reduced maintenance cost, increased reliability and durability along with lower emissions of toxic gases.
Application Insights:
Passenger coaches accounted for a revenue share of over 40% in 2017. The segment is expected to witness significant growth owing to the rising demand for high-quality passenger services across various regions. Rapid transit vehicles are also expected to have strong growth prospects during the forecast period, as they offer higher efficiency and reliability at a lower cost than locomotive engines.
Rapid transit systems are widely used in major cities including New York City, Chicago, Paris, London and Tokyo due to their high capacity compared with normal rail services. Such systems require relatively fewer stops which increases passenger comfort and travel time while reducing operating costs per unit of traffic handled by these systems. This factor is projected to drive railway compressors demand from rapid transit applications over the forecast period.
Regional Analysis:
Asia Pacific dominated the global railway compressors 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 development along with rising demand for passenger coaches from developing countries such as China, India, Indonesia, Malaysia and Thailand. Moreover, rapid transit vehicles are also being increasingly used for providing door-to-door transportation services in major cities across these countries which will drive the regional market further.
The European region captured a revenue share of over 15% in 2017 owing to high investments made by governments towards improving rail infrastructure coupled with growing adoption of oil-free scroll compressors due to their environmental benefits. However, North America is projected to grow at a significant rate during the forecast period owing to increasing government funding towards improving railways network within U.S.
Growth Factors:
- Increasing demand for railway compressors from the developing countries owing to the growth of their economies and rising population.
- The increasing use of compressed air in railway applications for braking, traction, and signaling systems is driving the market growth.
- Growing investments by governments in railway infrastructure projects is also propelling the demand for railway compressors across the globe.
- Technological advancements in compressor technologies are providing new opportunities for market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Railway Compressors Market Research Report
By Type
Oil-free Scroll Compressors, Oil-injected Screw Compressors, Others
By Application
Rapid Transit Vehicles, Locomotives, Passenger Coaches
By Companies
Atlas Copco, ELGi, Dürr Technik, Gardner Denver, Ingersoll-Rand, EKOM-AIR, Knorr-Bremse, CRRC, REMEZA, Hitachi, BITZER, Voith, Dorin, Mattei Group, Hertz Kompressoren, BOGE, Fushen, GEA, YUJIN Machinery, Kyungwon Machinery, Feihe Compressor, SUCCESS ENGINE
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Railway Compressors Market Report Segments:
The global Railway Compressors market is segmented on the basis of:
Types
Oil-free Scroll Compressors, Oil-injected Screw Compressors, Others
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
Rapid Transit Vehicles, Locomotives, Passenger Coaches
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:
- Atlas Copco
- ELGi
- Dürr Technik
- Gardner Denver
- Ingersoll-Rand
- EKOM-AIR
- Knorr-Bremse
- CRRC
- REMEZA
- Hitachi
- BITZER
- Voith
- Dorin
- Mattei Group
- Hertz Kompressoren
- BOGE
- Fushen
- GEA
- YUJIN Machinery
- Kyungwon Machinery
- Feihe Compressor
- SUCCESS ENGINE
Highlights of The Railway Compressors 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:
- Oil-free Scroll Compressors
- Oil-injected Screw Compressors
- Others
- By Application:
- Rapid Transit Vehicles
- Locomotives
- Passenger Coaches
- 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 Railway Compressors 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.
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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?
Railway compressors are used to reduce the air pressure in railway tunnels. They are also used to increase the air flow through pipelines and other industrial applications.
Some of the major players in the railway compressors market are Atlas Copco, ELGi, D¼rr Technik, Gardner Denver, Ingersoll-Rand, EKOM-AIR, Knorr-Bremse, CRRC, REMEZA, Hitachi, BITZER, Voith, Dorin, Mattei Group, Hertz Kompressoren, BOGE, Fushen, GEA, YUJIN Machinery, Kyungwon Machinery, Feihe Compressor, SUCCESS ENGINE.
The railway compressors 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 Railway Compressors 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 Railway Compressors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Railway Compressors 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 Railway Compressors 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 Railway Compressors Market Size & Forecast, 2020-2028 4.5.1 Railway Compressors Market Size and Y-o-Y Growth 4.5.2 Railway Compressors 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 Oil-free Scroll Compressors
5.2.2 Oil-injected Screw Compressors
5.2.3 Others
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 Rapid Transit Vehicles
6.2.2 Locomotives
6.2.3 Passenger Coaches
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Railway Compressors 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 Railway Compressors 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 Oil-free Scroll Compressors
9.6.2 Oil-injected Screw Compressors
9.6.3 Others
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 Rapid Transit Vehicles
9.10.2 Locomotives
9.10.3 Passenger Coaches
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 Oil-free Scroll Compressors
10.6.2 Oil-injected Screw Compressors
10.6.3 Others
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 Rapid Transit Vehicles
10.10.2 Locomotives
10.10.3 Passenger Coaches
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 Oil-free Scroll Compressors
11.6.2 Oil-injected Screw Compressors
11.6.3 Others
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 Rapid Transit Vehicles
11.10.2 Locomotives
11.10.3 Passenger Coaches
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 Oil-free Scroll Compressors
12.6.2 Oil-injected Screw Compressors
12.6.3 Others
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 Rapid Transit Vehicles
12.10.2 Locomotives
12.10.3 Passenger Coaches
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 Oil-free Scroll Compressors
13.6.2 Oil-injected Screw Compressors
13.6.3 Others
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 Rapid Transit Vehicles
13.10.2 Locomotives
13.10.3 Passenger Coaches
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 Railway Compressors Market: Competitive Dashboard
14.2 Global Railway Compressors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco
14.3.2 ELGi
14.3.3 Dürr Technik
14.3.4 Gardner Denver
14.3.5 Ingersoll-Rand
14.3.6 EKOM-AIR
14.3.7 Knorr-Bremse
14.3.8 CRRC
14.3.9 REMEZA
14.3.10 Hitachi
14.3.11 BITZER
14.3.12 Voith
14.3.13 Dorin
14.3.14 Mattei Group
14.3.15 Hertz Kompressoren
14.3.16 BOGE
14.3.17 Fushen
14.3.18 GEA
14.3.19 YUJIN Machinery
14.3.20 Kyungwon Machinery
14.3.21 Feihe Compressor
14.3.22 SUCCESS ENGINE