Press release
Train Bogies Market will reach 2120 million US$ in 2023
A bogie is a structure underneath a railway vehicle body to which axles and wheels are attached through bearings.
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Global Train Bogies Market: Forecast by Type / Application / Region
Europe has the largest global export quantity and manufacturers in Train Bogies market, while the China is the second sales volume market for Train Bogies in 2017.
In the industry, CRRC Sifang Co., Ltd. profits most in 2017 and recent years, while Amsted Rail and Siemens AG ranked 2 and 3.The market share of them is 15.73%, 14.52% and 12.74% in 2017.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are three mainly types of Train Bogies, including 2-axle Bogies, 3-axle Bogies and Others. And 2-axle Bogies is the main type for Train Bogies, and the 2-axle Bogies reached a sales volume of approximately 40674 Unit in 2017, with 62.78% of global sales volume.
The worldwide market for Train Bogies is expected to grow at a CAGR of roughly 4.9% over the next five years, will reach 2120 million US$ in 2023, from 1590 million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Train Bogies in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Nonferrous Metal Recycling Market:Key Players
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
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Related Information:
United States Train Bogies Market 2018 Forecast to 2023
Europe Train Bogies Market 2018 Forecast to 2023
North America Train Bogies Market 2018 Forecast to 2023
Asia-Pacific Train Bogies Market 2018 Forecast to 2023
China Train Bogies Market 2018 Forecast to 2023
EMEA Train Bogies Market 2018 Forecast to 2023
Global Train Bogies Market 2018 Forecast to 2023
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