Press release
Railway Sleepers Market to reach USD 103.67 Bn by 2029, emerging at a CAGR of 8.8 percent and forecast 2022-2029
Railway Sleepers Market
Maximize Market Research Pvt Ltd's report offers an extensive analysis of the rail freight market, encompassing industry and economic sector contributions. It covers market trends from 2017 with projections up to 2029, using 2021 as the base year. The figures for 2021 are based on actual market company outputs.
The report also includes an analysis of the COVID-19 pandemic's impact on market revenue and its repercussions on market supply and demand. Variations in the pandemic's effects across regions and segments are examined. This information equips decision-makers with essential insights for strategizing and planning company initiatives by region.
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Railway Sleepers Market Dynamics:
The rapid expansion of metro lines and subway networks, particularly in European countries, is expected to drive the railway sleepers market. As metro development projects and subway networks continue to expand globally, the demand for railway sleepers is set to rise. Developing countries are also witnessing increased passenger traffic on trains, prompting governments to enhance railway infrastructure, further fueling market growth.
Additionally, railway sleepers are finding increased applications in civic infrastructure and mining, broadening the market's customer base.
Railway Sleepers Market Regional Insights:
Asia-Pacific: Dominates the railway sleepers market due to burgeoning railway track construction in emerging economies and extensive railway system expansion. South Asia, in particular, is poised for remarkable growth due to ongoing government efforts to strengthen rail networks.
Europe: Germany is expected to grow at a 6.9% CAGR, contributing to Europe's substantial market share in 2021.
China: Anticipated to reach a market size of US$20 billion by 2027, with an 11.8% CAGR over the forecast period.
North America: The Railway Sleepers market is expected to grow, driven by garden projects in the United States and expanding train networks in Canada. In 2021, the U.S. held a market share of US$14.3 billion.
Japan and Canada: Expected to grow at 6% and 7.5% CAGR, respectively, from 2021 to 2029.
Middle East and Africa (MEA): Expected to remain relatively stable during the forecasting period, primarily due to limited rail networks in Africa.
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Railway Sleepers Market Segmentation:
by Product
• Concrete railway sleepers
• High strength pre-stressed concrete railway sleepers
• Steel railway sleepers
• Wood railway sleepers
• Others
by End-use
• Railways
• Landscape Decoration
• Personal courtyards
• Public Gardens
• Mining
Railway Sleepers Market Key Players:
• INFRASET
• Kirchdorfer Group
• Daya Engineering Works
• UK Sleepers
• Peter Feckl Maschinenbau GmbH
• Patil Group
• Kunming Railway Sleeper
• Adelaide and Rural Salvage
• Biatec Group
• The Indian Hume Pipe
• Juli Railway Track
• AW Champion Timber
• Schwihag
• Shandong High Speed Rail Equipment Material
• Hengchang Railroad Sleeper
• Weihai Ruihe Railway Sleeper
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Table of content for the Railway Sleepers Market includes:
1. Global Railway Sleepers Market: Research Methodology
2. Global Railway Sleepers Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Global Railway Sleepers Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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