Market Overview:
The global railway coupling market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the railway coupling market can be attributed to the increasing demand for transportation and growing urbanization. The manual, semi-automatic, and automatic railway couplings are used in different applications such as rail, metro, and streetcar. North America is expected to hold the largest share of the global railway coupling market in 2018 followed by Europe and Asia Pacific.
Product Definition:
A railway coupling is a device used to connect two railway cars or locomotives. The coupler consists of a female coupling arm and a male knuckle. The coupler is connected to the cars by means of either a hook and chain, or more commonly today, by automatic mechanical devices.
Manual:
Manual, it's usage and growth factor in Railway Coupling market? by RITES Ltd.
The global manual, it's usage and growth factor in the railway coupling market size was valued at USD 3.6 billion in 2015. The demand for manual couplings is expected to grow on account of their low cost coupled with high durability as compared to their automatic counterparts.
Semi-Automatic:
Semi-automatic is a mechanical device used in railway coupling to convert manual operation to power. It is also known as automatic Coupling (AC).
It’s major application areas are heavy load carrier, such as freight cars and tankers, where the weight of vehicles is too high for manual coupling and uncoupling process. In these cases AC helps in reducing human efforts which reduces operational risks and increases efficiency of the system.
Application Insights:
The rail application segment accounted for the largest revenue share of over 60% in 2017. The segment is expected to witness significant growth on account of increasing demand for railway cars coupled with a rise in R&D activities pertaining to high-speed railways.
In addition, growing investments by governments in the development of railways infrastructure and rapid transit systems are likely to drive the product demand over the forecast period. In recent years, many manufacturers have introduced technologically advanced products that ensure easy handling and smooth movement of trains with less effort on part of drivers. These coupled vehicles reduce maintenance costs as well as increase operational efficiency owing to their automatic system designed specifically for high-speed railways track conditions. Increasing useage rates and passenger traffic across major cities including New York City, Chicago O Hare Airport Mihawk Station are anticipated to boost passenger travel extensively thereby driving product demand over next few years especially in metro applications worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing government spending on infrastructure coupled with rising investments in metro and light rail systems. Europe accounted for a significant share of revenue in 2017 owing to high demand for technologically advanced products coupled with growing emphasis on environment-friendly products. Moreover, presence of major manufacturers such as Piko Engineering, Inc., Schwing GmbH & Co., Furukawa Electric Co., Ltd, and Kato Corporation will continue to drive the market in Europe over the forecast period.
The North American market was valued at USD X million in 2017 and is projected to grow at an estimated CAGR of XX% from 2018 to 2030 owing herculean efforts being undertaken by governments across U.S.
Growth Factors:
- Increasing demand for railway transportation services owing to the growth of global trade and rise in disposable income of consumers in developing countries.
- Proliferation of high-speed railways across the globe, which is resulting in an increase in the demand for railway coupling systems and components.
- Stringent safety norms and regulations related to railway transportation, which are driving the adoption of advanced coupling systems that offer enhanced safety features.
- Growing investments by governments worldwide for modernization of existing railways infrastructure, which is expected to create opportunities for players operating in Railway Coupling market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Railway Coupling Market Research Report
By Type
Manual, Semi-Automatic, Automatic
By Application
Rail, Metro, Streetcar
By Companies
Dellner, Voith, Esco, Stratoinc, Amsted, McConway&Torley, Nippon Steel, Yutaka, AD Electrosteel, Shaanxi Haiduo Railway Technology
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Railway Coupling Market Report Segments:
The global Railway Coupling market is segmented on the basis of:
Types
Manual, Semi-Automatic, Automatic
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
Rail, Metro, Streetcar
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:
- Dellner
- Voith
- Esco
- Stratoinc
- Amsted
- McConway&Torley
- Nippon Steel
- Yutaka
- AD Electrosteel
- Shaanxi Haiduo Railway Technology
Highlights of The Railway Coupling 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:
- Manual
- Semi-Automatic
- Automatic
- By Application:
- Rail
- Metro
- Streetcar
- 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 Coupling 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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 coupling is a system used to connect two railway vehicles together. It consists of a number of links, typically called "dogs", which are inserted into the couplings on either side of the vehicle. When the dogs are pulled tight, they form a secure connection between the vehicles.
Some of the major companies in the railway coupling market are Dellner, Voith, Esco, Stratoinc, Amsted, McConway&Torley, Nippon Steel, Yutaka, AD Electrosteel, Shaanxi Haiduo Railway Technology.
The railway coupling market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Railway Coupling 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 Coupling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Railway Coupling 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 Coupling 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 Coupling Market Size & Forecast, 2020-2028
4.5.1 Railway Coupling Market Size and Y-o-Y Growth
4.5.2 Railway Coupling 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 Manual
5.2.2 Semi-Automatic
5.2.3 Automatic
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 Rail
6.2.2 Metro
6.2.3 Streetcar
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Railway Coupling 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 Coupling 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 Manual
9.6.2 Semi-Automatic
9.6.3 Automatic
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 Rail
9.10.2 Metro
9.10.3 Streetcar
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 Manual
10.6.2 Semi-Automatic
10.6.3 Automatic
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 Rail
10.10.2 Metro
10.10.3 Streetcar
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 Manual
11.6.2 Semi-Automatic
11.6.3 Automatic
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 Rail
11.10.2 Metro
11.10.3 Streetcar
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 Manual
12.6.2 Semi-Automatic
12.6.3 Automatic
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 Rail
12.10.2 Metro
12.10.3 Streetcar
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 Manual
13.6.2 Semi-Automatic
13.6.3 Automatic
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 Rail
13.10.2 Metro
13.10.3 Streetcar
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 Coupling Market: Competitive Dashboard
14.2 Global Railway Coupling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dellner
14.3.2 Voith
14.3.3 Esco
14.3.4 Stratoinc
14.3.5 Amsted
14.3.6 McConway&Torley
14.3.7 Nippon Steel
14.3.8 Yutaka
14.3.9 AD Electrosteel
14.3.10 Shaanxi Haiduo Railway Technology
