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Global Tamping Machine Market to Witness a Pronounce Growth During 2023

01-04-2019 04:00 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Analytics
Tamping Machine Market

Tamping Machine Market

A tamping machine is a machine used in packing or tamping of track ballasts under railway tracks. This helps make the tracks more durable. Earlier, this task was carried out manually by laborers with the help of beaters. Introduction of the tamping machine has made the task faster, more accurate, more efficient, and less labor-intensive. For instance, concrete sleepers are very heavy (usually over 250 kg (551 lb)) and is not feasible to be lifted by hand. Thus, tamping machines have now become an essential part of the rail construction & maintenance.

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The significant factors that drive the growth of the global tamping machine market are industrial growth, which is an important factor that drives the demand for the transport & logistic industry. Earlier, tamping machines were only equipped to lift tracks and pack ballast. However, modern machines are deployed for tamping and lining of tracks & alignment of rails to make them parallel & in the same level. This ensures more comfort to the passengers & freight and reduces the mechanical strain applied to the rails while travelling by railways. Moreover, the combination of tamping and lining within a single machine helps in saving time and money, as only one machine needs to be run over the track to perform both functions.

The tamping machine market is segmented based on product type and geography. Based on product type, the market is segmented into straight track tamping machines, points & crossing tamping machines, and multi-purpose tamping machines (MPT). Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

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Key players that operate in the market include Plasser & Theurer, CRCC High-Tech Equipment Co., Ltd., Harsco Corporation, MATISA MATERIEL INDUSTRIEL SA, Robel Bahnbaumaschinen Gmbh, Gemac Engineering Machinery Co. Ltd., RPM Group, New Sorema Ferroviaria SpA, and The Sinara Group, Strukton.

Key Benefits

The report provides an in-depth analysis of the tamping machine industry to identify potential investment pockets.
The key drivers, restraints, and opportunities along with their detailed impact analyses have been elucidated.
Porters five forces model helps in analyzing potential buyers & suppliers and the competitive sketch of the market, which is expected to guide the market players to develop strategies accordingly.

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Global Tamping Machine Market Key Segments:
By Product
Straight track tamping machines
Points and crossing tamping machines
Multi-purpose tamping machines (MPT)

By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
The Middle East
Africa

Key Market Players

Plasser & Theurer
CRCC High-Tech Equipment Co., Ltd.
Harsco Corporation
MATISA MATERIEL INDUSTRIEL SA
Robel Bahnbaumaschinen Gmbh
Gemac Engineering Machinery Co. Ltd.
RPM Group
New Sorema Ferroviaria SpA
The Sinara Group
Strukton

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

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