Press release
Train Bogies Market will reach 2120 million US$ in 2024 Profiling Siemens AG, Kawasaki, Alstom, Bombardier, NSSMC, WBN Waggonbau Niesky GmbH, Titagarh Group, Jiangsu Railteco Equipment Co Ltd, Ganz Moto & more
Train Bogies
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 2024, from 1590 million US$ in 2019, according to a new Research study.
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A bogie is a structure underneath a railway vehicle body to which axles and wheels are attached through bearings. 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.
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.
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.
Segment by Manufacturers, this report covers:
CRRC Sifang Co Ltd, Amsted Rail, Tatravag?nka, 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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Market Segment by Type, covers:
2-axle Bogies
3-axle Bogies
Others
Market Segment by Applications, can be divided into:
Subway Train
Normal-Speed Railway Train
High-Speed Railway Train
Research objectives:
To study and analyze the global Train Bogies (value & volume) by key regions/countries, product type and application, history data from 2014 to 2019, and forecast to 2024.
To understand the structure of Train Bogies market by identifying its various subsegments.
Focuses on the key global Train Bogies manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Train Bogies with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Train Bogies submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
More Details on this Report At: https://www.marketstudyreport.com/reports/global-train-bogies-market-2019-by-manufacturers-regions-type-and-application-forecast-to-2024
Related Report:
United States Train Bogies Market Report 2017
In this report, the United States Train Bogies market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
https://www.marketstudyreport.com/reports/united-states-train-bogies-market-report-2017
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Train Bogies Market will reach 2120 million US$ in 2023
New report published by Global Info Research which offers insights on the global Train Bogies market.
A bogie is a structure underneath a railway vehicle body to which axles and wheels are attached through bearings.
Click to view the full report TOC, figure and tables：
https://www.globalinforesearch.com/global-train-bogies-market_p88427.html
Global Train Bogies Market: Forecast by Type / Application / Region
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