Market Overview:
The global rerailing system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for rerailing systems in various applications such as car service system, road maintenance machinery system and subway system. Moreover, the growing demand for high-speed trains across the globe is also propelling the growth of this market. Based on type, the global rerailing system market can be segmented into herringbone type, sea cucumber type, assembled type and other types. The herringbone type segment is expected to hold a major share of this market during the forecast period owing to its superior performance and longer life span as compared to other types of rerailings systems.
Product Definition:
A rerail system is a device that helps guide a derailed train car back onto the tracks. They are usually installed along curves in the track where derailments are more likely to occur. The importance of rerail systems is twofold. First, they help prevent accidents by returning cars to the tracks quickly and safely. Second, they minimize damage to both the train and the track caused by derailments.
Herringbone:
Herringbone is a pattern created by weaving together two or more threads that are woven in such a way that the spaces between the threads form diamond-shaped areas. The name of this pattern comes from its resemblance to the shape of a herring bone, which is made up of interconnected bones running parallel to each other. Herringbone patterns are widely used in rail track systems for providing stability and strength as well as reducing noise & friction caused by wheels on rails.
Sea Cucumber Type:
The sea cucumber type is used in rerailing system for its advantages such as it can absorb water and expand its body. It also helps to regulate the salinity of the surrounding environment. The market size of this product is expected to increase with growing demand from various end-use industries such as pharmaceutical, food & beverages, cosmetics, etc.
Application Insights:
The car service system segment is expected to dominate the global rerailing system market over the forecast period. This can be attributed to growing automobile production coupled with rising consumer preference for luxury vehicles. Moreover, governments across various regions are encouraging people to opt for mid-sized cars as they are more fuel efficient and produce less pollution compared to other vehicle types. These factors will drive demand over the coming years, thereby propelling growth of this industry during the forecast period.
Road maintenance machinery system is estimated to be second largest application segment in terms of revenue by 2030 owing to increasing government spending on infrastructure development projects around the world.
Regional Analysis:
Asia Pacific regional market dominated the global rerailing system market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with China at the forefront. This can be attributed to increasing investments and favorable government policies implemented by various governments across this region. For instance, China has adopted a national strategy for rail infrastructure development that envisages an investment of USD X trillion over a period of 15 years from 2014 to 2019.
North America is projected to grow at a significant rate during the same time frame owing to increasing spending on public transportation infrastructure projects such as new metro lines and light rail networks expansion in U.S., Canada, and Mexico cities including Monterrey; Los Angeles; Washington DC; Chicago O'Hare Airport Area Metra System (Illinois); Toronto Union Station (Canada); Vancouver SkyTrain (Vancouver).
Growth Factors:
- Increasing demand for rail transportation due to rise in population and economic development
- Government initiatives for development of railway infrastructure
- Technological advancements in rerailing systems that improve safety and efficiency
- Growing demand from the mining and construction sectors
- Rising awareness about the benefits of rerailing systems among end-users
Scope Of The Report
Report Attributes
Report Details
Report Title
Rerailing System Market Research Report
By Type
Herringbone, Sea Cucumber Type, Assembled, Other
By Application
Car Service System, Road Maintenance Machinery System, Subway System
By Companies
Quiri Group, LUKAS Hydraulik GmbH, HEGENSCHEIDT-MFD GmbH, CBP, Gensco Equipment, Holmatro, Railway Engineering Works, BEMCO HYDRAULICS LIMITED, GEATECH Group Srl, Aolai Rescue 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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Rerailing System Market Report Segments:
The global Rerailing System market is segmented on the basis of:
Types
Herringbone, Sea Cucumber Type, Assembled, Other
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
Car Service System, Road Maintenance Machinery System, Subway System
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:
- Quiri Group
- LUKAS Hydraulik GmbH
- HEGENSCHEIDT-MFD GmbH
- CBP
- Gensco Equipment
- Holmatro
- Railway Engineering Works
- BEMCO HYDRAULICS LIMITED
- GEATECH Group Srl
- Aolai Rescue Technology
Highlights of The Rerailing System 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:
- Herringbone
- Sea Cucumber Type
- Assembled
- Other
- By Application:
- Car Service System
- Road Maintenance Machinery System
- Subway System
- 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 Rerailing System 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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- Consumer Insights
- Understanding Competition Scenario
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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?
Rerailing is a system where passengers can change trains at any station without having to pay for a new ticket.
Some of the major companies in the rerailing system market are Quiri Group, LUKAS Hydraulik GmbH, HEGENSCHEIDT-MFD GmbH, CBP, Gensco Equipment, Holmatro, Railway Engineering Works, BEMCO HYDRAULICS LIMITED, GEATECH Group Srl, Aolai Rescue Technology.
The rerailing system 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. Rerailing System 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. Rerailing System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rerailing System Market - Supply Chain
4.5. Global Rerailing System Market Forecast
4.5.1. Rerailing System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rerailing System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rerailing System Market Absolute $ Opportunity
5. Global Rerailing System 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. Rerailing System Market Size and Volume Forecast by Type
5.3.1. Herringbone
5.3.2. Sea Cucumber Type
5.3.3. Assembled
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rerailing System 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. Rerailing System Market Size and Volume Forecast by Application
6.3.1. Car Service System
6.3.2. Road Maintenance Machinery System
6.3.3. Subway System
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rerailing System 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. Rerailing System 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 Rerailing System 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. Rerailing System 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 Rerailing System Demand Share Forecast, 2019-2026
9. North America Rerailing System 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 Rerailing System 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 Rerailing System Market Size and Volume Forecast by Application
9.4.1. Car Service System
9.4.2. Road Maintenance Machinery System
9.4.3. Subway System
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rerailing System Market Size and Volume Forecast by Type
9.7.1. Herringbone
9.7.2. Sea Cucumber Type
9.7.3. Assembled
9.7.4. Other
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 Rerailing System Demand Share Forecast, 2019-2026
10. Latin America Rerailing System 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 Rerailing System 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 Rerailing System Market Size and Volume Forecast by Application
10.4.1. Car Service System
10.4.2. Road Maintenance Machinery System
10.4.3. Subway System
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rerailing System Market Size and Volume Forecast by Type
10.7.1. Herringbone
10.7.2. Sea Cucumber Type
10.7.3. Assembled
10.7.4. Other
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 Rerailing System Demand Share Forecast, 2019-2026
11. Europe Rerailing System 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 Rerailing System 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 Rerailing System Market Size and Volume Forecast by Application
11.4.1. Car Service System
11.4.2. Road Maintenance Machinery System
11.4.3. Subway System
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rerailing System Market Size and Volume Forecast by Type
11.7.1. Herringbone
11.7.2. Sea Cucumber Type
11.7.3. Assembled
11.7.4. Other
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 Rerailing System Demand Share, 2019-2026
12. Asia Pacific Rerailing System 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 Rerailing System 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 Rerailing System Market Size and Volume Forecast by Application
12.4.1. Car Service System
12.4.2. Road Maintenance Machinery System
12.4.3. Subway System
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rerailing System Market Size and Volume Forecast by Type
12.7.1. Herringbone
12.7.2. Sea Cucumber Type
12.7.3. Assembled
12.7.4. Other
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 Rerailing System Demand Share, 2019-2026
13. Middle East & Africa Rerailing System 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 Rerailing System 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 Rerailing System Market Size and Volume Forecast by Application
13.4.1. Car Service System
13.4.2. Road Maintenance Machinery System
13.4.3. Subway System
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rerailing System Market Size and Volume Forecast by Type
13.7.1. Herringbone
13.7.2. Sea Cucumber Type
13.7.3. Assembled
13.7.4. Other
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 Rerailing System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rerailing System Market: Market Share Analysis
14.2. Rerailing System Distributors and Customers
14.3. Rerailing System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Quiri Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LUKAS Hydraulik GmbH
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HEGENSCHEIDT-MFD GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CBP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gensco Equipment
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Holmatro
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Railway Engineering Works
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BEMCO HYDRAULICS LIMITED
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GEATECH Group Srl
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Aolai Rescue Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
