Market Overview:
The global railway fasteners market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the railway fasteners market can be attributed to the increasing demand for high-speed and urban transport railways. Additionally, the growing population and rising income levels are also contributing to the growth of the railway fasteners market. The bolt type segment is expected to dominate the global railway fasteners market during the forecast period owing to its superior properties such as high tensile strength and corrosion resistance.
Product Definition:
Railway fasteners are screws, bolts, or nails that hold the rails to the sleepers. Rail fasteners are important because they keep the rails in place and prevent them from becoming loose.
Bolt Type:
Bolt type is a fastening device that consists of two parts, namely the head and the washer. The head is fixed on one end and the other end has an insertion point for fixing to secure materials. There are different types of bolts including round-head, square-head, hexagonal-head and others according to application requirements.
Non-Bolt Type:
Bolt type is the most commonly used fastening device in railway track construction. It is a self-clinching, one-piece metal or plastic nut that is inserted into a corresponding countersunk hole in the rail and then tightened with an allen key. The whole assembly serves as a secure mounting point for fastening of any kind of rail to which it may be attached.
Application Insights:
High-speed rail was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The railway fasteners are used in high-speed rail for joining/connecting of rails, sleepers, track panels and ballast. High speed trains travel at speeds greater than 300 km/h. Conventional railways also known as conventional passenger railways or commuter railways are expected to be the fastest growing application segment owing to increasing urbanization & population along with rising per capita income in developing countries including China, India & Brazil.
The others category includes freight railway applications where nuts, bolts and rivets are used for structural components such as bridges across rivers or canals connecting two banks of a river etc., Also included under this category would be marine applications using steel fasteners made from corrosion resistant stainless steel alloys that meet stringent environmental requirements on account of water resistance offered by these products against corrosion caused by contact with saltwater or freshwater etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of Asia Pacific rail fasteners industry can be attributed to increasing infrastructure spending coupled with growing demand for high-speed railways. China, Japan, India, and Australia are some of the major markets that are likely to have a positive impact on regional growth.
The European market was valued at USD X billion in 2017 owing to presence of developed economies such as Germany.
Growth Factors:
- Increasing demand for railway transportation across the globe
- Growing investments in railway infrastructure projects
- Proliferation of high-speed railways networks worldwide
- Rising adoption of fasteners in rail applications
- Technological advancements in railway fasteners
Scope Of The Report
Report Attributes
Report Details
Report Title
Railway Fasteners Market Research Report
By Type
Bolt Type, Non-Bolt Type
By Application
High Speed Rail, Conventional Rail, Urban Transport Rail, Others
By Companies
AGICO, Vossloh, Pandrol (Delachaux), Lewis Bolt & Nut Co, Voestalpine, L.B. Foster, United Industrial, Lederer, Boellhoff, Progress Rail (Caterpillar), Taicang Zhongbo Railway Fastening, Shanghai Suyu Railway Material, Gem-Year Industrial, Suzhou HuiBo Railway Fastener, Shanghai Guokeng Railway Engineering Equipment, Kunshan Alex Railway Fastening, LT Factory
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Railway Fasteners Market Report Segments:
The global Railway Fasteners market is segmented on the basis of:
Types
Bolt Type, Non-Bolt Type
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
High Speed Rail, Conventional Rail, Urban Transport Rail, 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:
- AGICO
- Vossloh
- Pandrol (Delachaux)
- Lewis Bolt & Nut Co
- Voestalpine
- L.B. Foster
- United Industrial
- Lederer
- Boellhoff
- Progress Rail (Caterpillar)
- Taicang Zhongbo Railway Fastening
- Shanghai Suyu Railway Material
- Gem-Year Industrial
- Suzhou HuiBo Railway Fastener
- Shanghai Guokeng Railway Engineering Equipment
- Kunshan Alex Railway Fastening
- LT Factory
Highlights of The Railway Fasteners 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:
- Bolt Type
- Non-Bolt Type
- By Application:
- High Speed Rail
- Conventional Rail
- Urban Transport Rail
- 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 Railway Fasteners 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?
Railway fasteners are bolts, screws, and nails used to attach railway track to sleepers or other supports.
Some of the key players operating in the railway fasteners market are AGICO, Vossloh, Pandrol (Delachaux), Lewis Bolt & Nut Co, Voestalpine, L.B. Foster, United Industrial, Lederer, Boellhoff, Progress Rail (Caterpillar), Taicang Zhongbo Railway Fastening, Shanghai Suyu Railway Material, Gem-Year Industrial, Suzhou HuiBo Railway Fastener, Shanghai Guokeng Railway Engineering Equipment, Kunshan Alex Railway Fastening, LT Factory.
The railway fasteners market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Railway Fasteners 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. Railway Fasteners Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Railway Fasteners Market - Supply Chain
4.5. Global Railway Fasteners Market Forecast
4.5.1. Railway Fasteners Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Railway Fasteners Market Size (000 Units) and Y-o-Y Growth
4.5.3. Railway Fasteners Market Absolute $ Opportunity
5. Global Railway Fasteners 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. Railway Fasteners Market Size and Volume Forecast by Type
5.3.1. Bolt Type
5.3.2. Non-Bolt Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Railway Fasteners 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. Railway Fasteners Market Size and Volume Forecast by Application
6.3.1. High Speed Rail
6.3.2. Conventional Rail
6.3.3. Urban Transport Rail
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Railway Fasteners 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. Railway Fasteners 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 Railway Fasteners 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. Railway Fasteners 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 Railway Fasteners Demand Share Forecast, 2019-2026
9. North America Railway Fasteners 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 Railway Fasteners 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 Railway Fasteners Market Size and Volume Forecast by Application
9.4.1. High Speed Rail
9.4.2. Conventional Rail
9.4.3. Urban Transport Rail
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Railway Fasteners Market Size and Volume Forecast by Type
9.7.1. Bolt Type
9.7.2. Non-Bolt Type
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 Railway Fasteners Demand Share Forecast, 2019-2026
10. Latin America Railway Fasteners 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 Railway Fasteners 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 Railway Fasteners Market Size and Volume Forecast by Application
10.4.1. High Speed Rail
10.4.2. Conventional Rail
10.4.3. Urban Transport Rail
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Railway Fasteners Market Size and Volume Forecast by Type
10.7.1. Bolt Type
10.7.2. Non-Bolt Type
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 Railway Fasteners Demand Share Forecast, 2019-2026
11. Europe Railway Fasteners 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 Railway Fasteners 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 Railway Fasteners Market Size and Volume Forecast by Application
11.4.1. High Speed Rail
11.4.2. Conventional Rail
11.4.3. Urban Transport Rail
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Railway Fasteners Market Size and Volume Forecast by Type
11.7.1. Bolt Type
11.7.2. Non-Bolt Type
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. y Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Railway Fasteners Demand Share, 2019-2026
12. Asia Pacific Railway Fasteners 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 Railway Fasteners 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 Railway Fasteners Market Size and Volume Forecast by Application
12.4.1. High Speed Rail
12.4.2. Conventional Rail
12.4.3. Urban Transport Rail
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Railway Fasteners Market Size and Volume Forecast by Type
12.7.1. Bolt Type
12.7.2. Non-Bolt Type
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 Railway Fasteners Demand Share, 2019-2026
13. Middle East & Africa Railway Fasteners 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 Railway Fasteners 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 Railway Fasteners Market Size and Volume Forecast by Application
13.4.1. High Speed Rail
13.4.2. Conventional Rail
13.4.3. Urban Transport Rail
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Railway Fasteners Market Size and Volume Forecast by Type
13.7.1. Bolt Type
13.7.2. Non-Bolt Type
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 Railway Fasteners Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Railway Fasteners Market: Market Share Analysis
14.2. Railway Fasteners Distributors and Customers
14.3. Railway Fasteners Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AGICO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vossloh
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pandrol (Delachaux)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lewis Bolt & Nut Co
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Voestalpine
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. L.B. Foster
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. United Industrial
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lederer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Boellhoff
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Progress Rail (Caterpillar)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Taicang Zhongbo Railway Fastening
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shanghai Suyu Railway Material
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Gem-Year Industrial
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Suzhou HuiBo Railway Fastener
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shanghai Guokeng Railway Engineering Equipment
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Kunshan Alex Railway Fastening
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. LT Factory
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
