The global train bogies market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market can be attributed to the increasing demand for high-speed trains and increasing investments in railway infrastructure across the globe. The axle bogies segment is expected to dominate the global train bogies market during the forecast period, with a share of over 50%. This can be attributed to their low cost and ease of installation as compared with axleless bogies. The axleless bogie segment is expected to grow at a CAGR of 5% during the forecast period, owing to its ability to reduce weight on axles and increase traction force on rails due its design that does not have any axles or wheels attached directly onto it.
Some Of The Growth Factors Of This Market:
- Increasing demand for passenger and freight transportation will drive the growth of the global Train Bogies market during the forecast period, 2018-2025.
- Increasing investments in infrastructure development will also drive the growth of the global Train Bogies market during the forecast period, 2018-2025.
- The increasing demand for high speed trains will also drive the growth of this market.
- The increasing focus on environmental sustainability and reduction in greenhouse gas emissions will also fuel this market.
Industry Growth Insights published a new data on “Train Bogies Market”. The research report is titled “Train Bogies Market research by Types (2-axle Bogies, 3-axle Bogies, Others), By Applications (Subway Train, Normal-Speed Railway Train, High-Speed Railway Train), By Players/Companies CRRC Sifang Co., Ltd., Amsted Rail, Tatravagónka, Siemens AG, Kawasaki, Alstom, Bombardier, NSSMC, WBN Waggonbau Niesky GmbH, Titagarh Group, Jiangsu Railteco Equipment Co., Ltd., Ganz Moto, PROMEC srl”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Train Bogies Market Research Report
By Type
2-axle Bogies, 3-axle Bogies, Others
By Application
Subway Train, Normal-Speed Railway Train, High-Speed Railway Train
By Companies
CRRC Sifang Co., Ltd., Amsted Rail, Tatravagónka, Siemens AG, Kawasaki, Alstom, Bombardier, NSSMC, WBN Waggonbau Niesky GmbH, Titagarh Group, Jiangsu Railteco Equipment Co., Ltd., Ganz Moto, PROMEC srl
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Train Bogies Market Report Segments:
The global Train Bogies market is segmented on the basis of:
Types
2-axle Bogies, 3-axle Bogies, 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
Subway Train, Normal-Speed Railway Train, High-Speed Railway Train
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:
- CRRC Sifang Co., Ltd.
- Amsted Rail
- Tatravagónka
- Siemens AG
- Kawasaki
- Alstom
- Bombardier
- NSSMC
- WBN Waggonbau Niesky GmbH
- Titagarh Group
- Jiangsu Railteco Equipment Co., Ltd.
- Ganz Moto
- PROMEC srl
Highlights of The Train Bogies 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:
- 2-axle Bogies
- 3-axle Bogies
- Others
- By Application:
- Subway Train
- Normal-Speed Railway Train
- High-Speed Railway Train
- 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 Train Bogies 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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- Business Expansion Strategies
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- Understanding Competition Scenario
- 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?
Train bogies are the metal frames that support a train's carriages.
Some of the key players operating in the train bogies market are CRRC Sifang Co., Ltd., Amsted Rail, TatravagƒÂ³nka, Siemens AG, Kawasaki, Alstom, Bombardier, NSSMC, WBN Waggonbau Niesky GmbH, Titagarh Group, Jiangsu Railteco Equipment Co., Ltd., Ganz Moto, PROMEC srl.
The train bogies market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Train Bogies 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. Train Bogies Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Train Bogies Market - Supply Chain
4.5. Global Train Bogies Market Forecast
4.5.1. Train Bogies Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Train Bogies Market Size (000 Units) and Y-o-Y Growth
4.5.3. Train Bogies Market Absolute $ Opportunity
5. Global Train Bogies 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. Train Bogies Market Size and Volume Forecast by Type
5.3.1. 2-axle Bogies
5.3.2. 3-axle Bogies
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Train Bogies 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. Train Bogies Market Size and Volume Forecast by Application
6.3.1. Subway Train
6.3.2. Normal-Speed Railway Train
6.3.3. High-Speed Railway Train
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Train Bogies 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. Train Bogies 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 Train Bogies 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. Train Bogies 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 Train Bogies Demand Share Forecast, 2019-2026
9. North America Train Bogies 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 Train Bogies 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 Train Bogies Market Size and Volume Forecast by Application
9.4.1. Subway Train
9.4.2. Normal-Speed Railway Train
9.4.3. High-Speed Railway Train
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Train Bogies Market Size and Volume Forecast by Type
9.7.1. 2-axle Bogies
9.7.2. 3-axle Bogies
9.7.3. 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 Train Bogies Demand Share Forecast, 2019-2026
10. Latin America Train Bogies 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 Train Bogies 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 Train Bogies Market Size and Volume Forecast by Application
10.4.1. Subway Train
10.4.2. Normal-Speed Railway Train
10.4.3. High-Speed Railway Train
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Train Bogies Market Size and Volume Forecast by Type
10.7.1. 2-axle Bogies
10.7.2. 3-axle Bogies
10.7.3. 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 Train Bogies Demand Share Forecast, 2019-2026
11. Europe Train Bogies 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 Train Bogies 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 Train Bogies Market Size and Volume Forecast by Application
11.4.1. Subway Train
11.4.2. Normal-Speed Railway Train
11.4.3. High-Speed Railway Train
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Train Bogies Market Size and Volume Forecast by Type
11.7.1. 2-axle Bogies
11.7.2. 3-axle Bogies
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potetial 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 Train Bogies Demand Share, 2019-2026
12. Asia Pacific Train Bogies 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 Train Bogies 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 Train Bogies Market Size and Volume Forecast by Application
12.4.1. Subway Train
12.4.2. Normal-Speed Railway Train
12.4.3. High-Speed Railway Train
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Train Bogies Market Size and Volume Forecast by Type
12.7.1. 2-axle Bogies
12.7.2. 3-axle Bogies
12.7.3. 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 Train Bogies Demand Share, 2019-2026
13. Middle East & Africa Train Bogies 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 Train Bogies 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 Train Bogies Market Size and Volume Forecast by Application
13.4.1. Subway Train
13.4.2. Normal-Speed Railway Train
13.4.3. High-Speed Railway Train
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Train Bogies Market Size and Volume Forecast by Type
13.7.1. 2-axle Bogies
13.7.2. 3-axle Bogies
13.7.3. 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 Train Bogies Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Train Bogies Market: Market Share Analysis
14.2. Train Bogies Distributors and Customers
14.3. Train Bogies Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CRRC Sifang Co., Ltd.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Amsted Rail
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tatravagónka
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kawasaki
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Alstom
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bombardier
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NSSMC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. WBN Waggonbau Niesky GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Titagarh Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jiangsu Railteco Equipment Co., Ltd.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ganz Moto
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. PROMEC srl
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