GLOBAL RAILWAY BRAKING SYSTEM MARKET 2023 BY MANUFACTURERS, REGIONS, TYPE AND APPLICATION, FORECAST TO 2029

Feb 2023 101

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Synopsis

According to our (Global Info Research) latest study, the global Railway Braking System market size was valued at USD 2669.3 million in 2022 and is forecast to a readjusted size of USD 3766.9 million by 2029 with a CAGR of 5.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Railway Braking System is a system for braking railway rolling stock. Its main function is to control the running speed of railway rolling stock, so that the running train can quickly decelerate, stop, or make it run at a limited speed on the downhill slope. Running to prevent the train from overspeeding due to the gravity of the vehicle when going downhill; even a stationary rolling stock needs to be braked to prevent the parked vehicle from slipping due to gravity or wind blowing.Therefore, railway braking is an important link to ensure the safety of railway transportation. If the train cannot rely on braking to control the speed or stop it when it is running at high speed, danger or even serious accidents will inevitably occur. According to their own experience in railway operation and management, railway operators in various countries have strict requirements on the braking distance of trains, which is also the main technical index reflecting the performance of the braking device and the actual braking effect.In terms of product type, type air brake system is the largest segment, occupied for a share of 69.77%, and in terms of application, application freight has a share about 70.72 percent.
Railway Braking System is a system for braking railway rolling stock. Its main function is to control the running speed of railway rolling stock, so that the running train can quickly decelerate, stop, or make it run at a limited speed on the downhill slope. Running to prevent the train from overspeeding due to the gravity of the vehicle when going downhill; even a stationary rolling stock needs to be braked to prevent the parked vehicle from slipping due to gravity or wind blowing.
This report is a detailed and comprehensive analysis for global Railway Braking System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Railway Braking System market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Railway Braking System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Railway Braking System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Railway Braking System market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2018-2023

The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Railway Braking System
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Railway Braking System market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Knorr Bremse, Wabtec, CRRC, Nabtesco and JSC MTZ Transmash, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
Railway Braking System market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
- Air Brake System
- Electropneumatic Braking System

Market segment by Application
- Freight
- Passenger
- High Speed

Major players covered
- Knorr Bremse
- Wabtec
- CRRC
- Nabtesco
- JSC MTZ Transmash
- Amsted
- Dako-CZ
- Beijing Tianyishangjia
- Akebono Brake Industry
- Mitsubishi Electric
- Hanning Kahl
- Bosun
- Guangdong Huatie Tongda

Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Railway Braking System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Railway Braking System, with price, sales, revenue and global market share of Railway Braking System from 2018 to 2023.
Chapter 3, the Railway Braking System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Railway Braking System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Railway Braking System market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Railway Braking System.
Chapter 14 and 15, to describe Railway Braking System sales channel, distributors, customers, research findings and conclusion.

Table of Contents

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GLOBAL RAILWAY BRAKING SYSTEM MARKET 2023 BY MANUFACTURERS, REGIONS, TYPE AND APPLICATION, FORECAST TO 2029

Global Info Research

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