The global rail turnout industry market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the market can be attributed to the increasing demand for rail infrastructure in emerging economies such as India and China, which are witnessing rapid economic growth and urbanization. The single turnout segment is expected to account for the largest share of the global market in terms of revenue, followed by equilateral turnout and threeway turnouts segments respectively.
Some Of The Growth Factors Of This Market:
- The growth in the rail turnout industry is driven by the increasing demand for railway infrastructure and growing investments in railways.
- Increasing demand for railway infrastructure will be driven by the need to improve connectivity, increase capacity, and reduce congestion on existing networks.
- Investments in railways are expected to increase due to increased government spending on transportation infrastructure.
- Increasing investments in railways will be driven by the need for improved connectivity, increased capacity, and reduced congestion on existing networks.
Industry Growth Insights published a new data on “Rail Turnout Industry Market”. The research report is titled “Rail Turnout Industry Market research by Types (Single Turnout, Equilateral Turnout, Three-way Turnout, Others), By Applications (Railway Lines, Tram Rails, Moving Equipments), By Players/Companies L.B. Foster Company, Maanshan King Rail Parts, SUMIHATSU Co., Ltd, Harmer Steel Products Company, Amurrio Ferrocarril y Equipos, United Industrial, Maanshan King Rail Parts, AGICO GROUP, NARSTCO, JEZ Sistemas, AandK Railroad Materials, Veera Techno Trec, MI-NE SEISAKUSHO Co., JEKAY GROUP, Century Engineering, China Railway Construction Heavy Industry”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rail Turnout Industry Market Research Report
By Type
Single Turnout, Equilateral Turnout, Three-way Turnout, Others
By Application
Railway Lines, Tram Rails, Moving Equipments
By Companies
L.B. Foster Company, Maanshan King Rail Parts, SUMIHATSU Co., Ltd, Harmer Steel Products Company, Amurrio Ferrocarril y Equipos, United Industrial, Maanshan King Rail Parts, AGICO GROUP, NARSTCO, JEZ Sistemas, AandK Railroad Materials, Veera Techno Trec, MI-NE SEISAKUSHO Co., JEKAY GROUP, Century Engineering, China Railway Construction Heavy Industry
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Rail Turnout Industry Market Report Segments:
The global Rail Turnout Industry market is segmented on the basis of:
Types
Single Turnout, Equilateral Turnout, Three-way Turnout, 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
Railway Lines, Tram Rails, Moving Equipments
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:
- L.B. Foster Company
- Maanshan King Rail Parts
- SUMIHATSU Co., Ltd
- Harmer Steel Products Company
- Amurrio Ferrocarril y Equipos
- United Industrial
- Maanshan King Rail Parts
- AGICO GROUP
- NARSTCO
- JEZ Sistemas
- AandK Railroad Materials
- Veera Techno Trec
- MI-NE SEISAKUSHO Co.
- JEKAY GROUP
- Century Engineering
- China Railway Construction Heavy Industry
Highlights of The Rail Turnout Industry 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:
- Single Turnout
- Equilateral Turnout
- Three-way Turnout
- Others
- By Application:
- Railway Lines
- Tram Rails
- Moving Equipments
- 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 Turnout Industry 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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- Correctly Positioning New Products
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- Product & Brand 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?
Rail turnout industry is the manufacturing and sale of rail turnouts, which are components used in railroad tracks.
Some of the major players in the rail turnout industry market are L.B. Foster Company, Maanshan King Rail Parts, SUMIHATSU Co., Ltd, Harmer Steel Products Company, Amurrio Ferrocarril y Equipos, United Industrial, Maanshan King Rail Parts, AGICO GROUP, NARSTCO, JEZ Sistemas, AandK Railroad Materials, Veera Techno Trec, MI-NE SEISAKUSHO Co., JEKAY GROUP, Century Engineering, China Railway Construction Heavy Industry.
The rail turnout industry market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rail Turnout Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rail Turnout Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rail Turnout Industry Market - Supply Chain
4.5. Global Rail Turnout Industry Market Forecast
4.5.1. Rail Turnout Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rail Turnout Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rail Turnout Industry Market Absolute $ Opportunity
5. Global Rail Turnout Industry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rail Turnout Industry Market Size and Volume Forecast by Type
5.3.1. Single Turnout
5.3.2. Equilateral Turnout
5.3.3. Three-way Turnout
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rail Turnout Industry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rail Turnout Industry Market Size and Volume Forecast by Application
6.3.1. Railway Lines
6.3.2. Tram Rails
6.3.3. Moving Equipments
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rail Turnout Industry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rail Turnout Industry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rail Turnout Industry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rail Turnout Industry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rail Turnout Industry Demand Share Forecast, 2019-2026
9. North America Rail Turnout Industry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rail Turnout Industry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rail Turnout Industry Market Size and Volume Forecast by Application
9.4.1. Railway Lines
9.4.2. Tram Rails
9.4.3. Moving Equipments
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rail Turnout Industry Market Size and Volume Forecast by Type
9.7.1. Single Turnout
9.7.2. Equilateral Turnout
9.7.3. Three-way Turnout
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rail Turnout Industry Demand Share Forecast, 2019-2026
10. Latin America Rail Turnout Industry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rail Turnout Industry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rail Turnout Industry Market Size and Volume Forecast by Application
10.4.1. Railway Lines
10.4.2. Tram Rails
10.4.3. Moving Equipments
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rail Turnout Industry Market Size and Volume Forecast by Type
10.7.1. Single Turnout
10.7.2. Equilateral Turnout
10.7.3. Three-way Turnout
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rail Turnout Industry Demand Share Forecast, 2019-2026
11. Europe Rail Turnout Industry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rail Turnout Industry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rail Turnout Industry Market Size and Volume Forecast by Application
11.4.1. Railway Lines
11.4.2. Tram Rails
11.4.3. Moving Equipments
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rail Turnout Industry Market Size and Volume Forecast by Type
11.7.1. Single Turnout
11.7.2. Equilateral Turnout
11.7.3. Three-way Turnout
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rail Turnout Industry Demand Share, 2019-2026
12. Asia Pacific Rail Turnout Industry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rail Turnout Industry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rail Turnout Industry Market Size and Volume Forecast by Application
12.4.1. Railway Lines
12.4.2. Tram Rails
12.4.3. Moving Equipments
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rail Turnout Industry Market Size and Volume Forecast by Type
12.7.1. Single Turnout
12.7.2. Equilateral Turnout
12.7.3. Three-way Turnout
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rail Turnout Industry Demand Share, 2019-2026
13. Middle East & Africa Rail Turnout Industry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rail Turnout Industry Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rail Turnout Industry Market Size and Volume Forecast by Application
13.4.1. Railway Lines
13.4.2. Tram Rails
13.4.3. Moving Equipments
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rail Turnout Industry Market Size and Volume Forecast by Type
13.7.1. Single Turnout
13.7.2. Equilateral Turnout
13.7.3. Three-way Turnout
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rail Turnout Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rail Turnout Industry Market: Market Share Analysis
14.2. Rail Turnout Industry Distributors and Customers
14.3. Rail Turnout Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. L.B. Foster Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Maanshan King Rail Parts
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SUMIHATSU Co., Ltd
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Harmer Steel Products Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Amurrio Ferrocarril y Equipos
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. United Industrial
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Maanshan King Rail Parts
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AGICO GROUP
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NARSTCO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JEZ Sistemas
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AandK Railroad Materials
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Veera Techno Trec
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. MI-NE SEISAKUSHO Co.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. JEKAY GROUP
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Century Engineering
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. China Railway Construction Heavy Industry
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
