Market Overview:
The global third rail shoes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for railway trains across the globe and the growing awareness about safety measures in railways. The global third rail shoes market is segmented on the basis of type, application and region. On the basis of type, it is segmented into carbon and metalised carbon. On the basis of application, it is segmented into railway trains and others. Region-wise, it is divided into North America, Latin America, Europe, Asia Pacific and Middle East & Africa (MEA).
Product Definition:
Third Rail Shoes are shoes that have a metal bar on the bottom. They are used to conduct electricity and help move trains.
Carbon:
Carbon is the basic material used in the manufacturing of third rail shoes. It is a very strong and hard material, which provides better traction to shoes compared to other materials such as leather or rubber. The growth factor for carbon based products has been increasing over the past few years owing to its rising demand in shoe manufacturing industry.
Metalised Carbon:
Metalised carbon is a type of carbon cloth that has been coated with a thin layer of metal. The product finds application in third rail shoes, which are used to provide safety and stability to the passengers on board metro trains. The product helps in providing better traction and grip between the shoe sole and the rail while preventing any accidents or mishaps from occurring on board.
Application Insights:
The railway trains application segment accounted for the largest revenue share of over 60% in 2017. The demand is expected to be driven by the growing railway infrastructure and rising passenger traffic on account of economic growth. Railway companies are focusing on providing better services with improved speed and increased reliability, which is likely to propel product demand in railways applications over the forecast period.
The others segment includes construction equipment, mining vehicles and trucks among others such as agricultural machinery and fire engines.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing government investments in infrastructure development and rising passenger traffic. The growing adoption of third rail shoes in China, India, Japan and South Korea on account of various factors including rapid urbanization along with industrial growth is anticipated to drive the market over the forecast period.
Europe was valued at USD X million in 2017 and is projected to witness significant growth over the forecast period owing towards technological advancements coupled with stringent safety norms for railways passengers imposed by European Union (EU). Moreover, Germany has emerged as one of the major producers due its high demand from other countries across Europe for upgrading their railway infrastructure which will further boost regional product demand. Metalised carbon products are likely to gain popularity among customers due their ability not only prevent accidents but also reduce noise caused by footsteps thereby boosting product sales across this region.
Growth Factors:
- Increasing demand for fashionable and comfortable shoes
- Rising disposable income of consumers
- Growing popularity of online shopping
- Expansion of retail outlets by leading brands
- Introduction of new designs and styles
Scope Of The Report
Report Attributes
Report Details
Report Title
Third Rail Shoes Market Research Report
By Type
Carbon, Metalised Carbon
By Application
Railway Trains, Others
By Companies
Mersen (French), Morgan Advanced Materials plc (UK), Schunk (Germany), Helwig Carbon Products (US), The Gerken Group (Belgium)
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Third Rail Shoes Market Report Segments:
The global Third Rail Shoes market is segmented on the basis of:
Types
Carbon, Metalised Carbon
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
Railway Trains, Others
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:
- Mersen (French)
- Morgan Advanced Materials plc (UK)
- Schunk (Germany)
- Helwig Carbon Products (US)
- The Gerken Group (Belgium)
Highlights of The Third Rail Shoes 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:
- Carbon
- Metalised Carbon
- By Application:
- Railway Trains
- Others
- 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 Third Rail Shoes 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
- 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?
Third Rail Shoes is a company that specializes in sneakers and athletic shoes. They produce a wide variety of shoes, including running shoes, basketball shoes, and football boots. Third Rail Shoes also produces apparel such as t-shirts and sweatshirts.
Some of the major companies in the third rail shoes market are Mersen (French), Morgan Advanced Materials plc (UK), Schunk (Germany), Helwig Carbon Products (US), The Gerken Group (Belgium).
The third rail shoes 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 Third Rail Shoes 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 Third Rail Shoes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Third Rail Shoes 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 Third Rail Shoes 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 Third Rail Shoes Market Size & Forecast, 2018-2028 4.5.1 Third Rail Shoes Market Size and Y-o-Y Growth 4.5.2 Third Rail Shoes Market Absolute $ Opportunity
Chapter 5 Global Third Rail Shoes 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 Third Rail Shoes Market Size Forecast by Type
5.2.1 Carbon
5.2.2 Metalised Carbon
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Third Rail Shoes 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 Third Rail Shoes Market Size Forecast by Applications
6.2.1 Railway Trains
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Third Rail Shoes 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 Third Rail Shoes 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 Third Rail Shoes Analysis and Forecast
9.1 Introduction
9.2 North America Third Rail Shoes 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 Third Rail Shoes Market Size Forecast by Type
9.6.1 Carbon
9.6.2 Metalised Carbon
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 Third Rail Shoes Market Size Forecast by Applications
9.10.1 Railway Trains
9.10.2 Others
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 Third Rail Shoes Analysis and Forecast
10.1 Introduction
10.2 Europe Third Rail Shoes 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 Third Rail Shoes Market Size Forecast by Type
10.6.1 Carbon
10.6.2 Metalised Carbon
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 Third Rail Shoes Market Size Forecast by Applications
10.10.1 Railway Trains
10.10.2 Others
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 Third Rail Shoes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Third Rail Shoes 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 Third Rail Shoes Market Size Forecast by Type
11.6.1 Carbon
11.6.2 Metalised Carbon
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 Third Rail Shoes Market Size Forecast by Applications
11.10.1 Railway Trains
11.10.2 Others
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 Third Rail Shoes Analysis and Forecast
12.1 Introduction
12.2 Latin America Third Rail Shoes 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 Third Rail Shoes Market Size Forecast by Type
12.6.1 Carbon
12.6.2 Metalised Carbon
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 Third Rail Shoes Market Size Forecast by Applications
12.10.1 Railway Trains
12.10.2 Others
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) Third Rail Shoes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Third Rail Shoes 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) Third Rail Shoes Market Size Forecast by Type
13.6.1 Carbon
13.6.2 Metalised Carbon
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) Third Rail Shoes Market Size Forecast by Applications
13.10.1 Railway Trains
13.10.2 Others
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 Third Rail Shoes Market: Competitive Dashboard
14.2 Global Third Rail Shoes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mersen (French)
14.3.2 Morgan Advanced Materials plc (UK)
14.3.3 Schunk (Germany)
14.3.4 Helwig Carbon Products (US)
14.3.5 The Gerken Group (Belgium)