Press release
Railway Track Laying Machine Market Revenue Share, Insights & Future Outlook
Railway Track Laying Machine MarketTrack Laying Machines lay the rails, sleepers and fastenings in place ready to use. In our report, we include New Construction Equipment and Renewal Equipment.
The global Railway Track Laying Machine market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Railway Track Laying Machine is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
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Asia-Pacific market for Railway Track Laying Machine is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Railway Track Laying Machine include Plasser & Theurer, CREC, Harsco, Geismar, Matisa, Salcef Group S.p.A., Kirow and Weihua, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
By Type
• New Construction Equipment
• Renewal Equipment
By Application
• Heavy Rail
• Urban Rail
Key Companies
Plasser & Theurer, CREC, Harsco, Geismar, Matisa, Salcef Group S.p.A., Kirow, Weihua
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