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Global Railway Braking System Market Research Report 2023
SKU ID : QYR-23590273 | Publishing Date : 21-Apr-2023
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Railway Braking System is a system for braking railway rolling stock. Its main function is to control the running speed of railway rolling stock, so that the running train can quickly decelerate, stop, or make it run at a limited speed on the downhill slope. Running to prevent the train from overspeeding due to the gravity of the vehicle when going downhill; even a stationary rolling stock needs to be braked to prevent the parked vehicle from slipping due to gravity or wind blowing.
The global Railway Braking System market was valued at US$ 2594.2 million in 2022 and is anticipated to reach US$ 3709.6 million by 2029, witnessing a CAGR of 5.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Railway Braking System is a system for braking railway rolling stock. Its main function is to control the running speed of railway rolling stock, so that the running train can quickly decelerate, stop, or make it run at a limited speed on the downhill slope. Running to prevent the train from overspeeding due to the gravity of the vehicle when going downhill; even a stationary rolling stock needs to be braked to prevent the parked vehicle from slipping due to gravity or wind blowing.Therefore, railway braking is an important link to ensure the safety of railway transportation. If the train cannot rely on braking to control the speed or stop it when it is running at high speed, danger or even serious accidents will inevitably occur. According to their own experience in railway operation and management, railway operators in various countries have strict requirements on the braking distance of trains, which is also the main technical index reflecting the performance of the braking device and the actual braking effect.In terms of product type, type air brake system is the largest segment, occupied for a share of 69.77%, and in terms of application, application freight has a share about 70.72 percent.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Railway Braking System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Railway Braking System.
The Railway Braking System market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Railway Braking System market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Railway Braking System manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Knorr Bremse
Wabtec
CRRC
Nabtesco
JSC MTZ Transmash
Amsted
Dako-CZ
Beijing Tianyishangjia
Akebono Brake Industry
Mitsubishi Electric
Hanning Kahl
Bosun
Guangdong Huatie Tongda
Segment by Type
Air Brake System
Electropneumatic Braking System
Segment by Application
Freight
Passenger
High Speed
Production by Region
United States
Europe
China
Japan
Russia
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Railway Braking System manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Railway Braking System by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Railway Braking System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Railway Braking System market was valued at US$ 2594.2 million in 2022 and is anticipated to reach US$ 3709.6 million by 2029, witnessing a CAGR of 5.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Railway Braking System is a system for braking railway rolling stock. Its main function is to control the running speed of railway rolling stock, so that the running train can quickly decelerate, stop, or make it run at a limited speed on the downhill slope. Running to prevent the train from overspeeding due to the gravity of the vehicle when going downhill; even a stationary rolling stock needs to be braked to prevent the parked vehicle from slipping due to gravity or wind blowing.Therefore, railway braking is an important link to ensure the safety of railway transportation. If the train cannot rely on braking to control the speed or stop it when it is running at high speed, danger or even serious accidents will inevitably occur. According to their own experience in railway operation and management, railway operators in various countries have strict requirements on the braking distance of trains, which is also the main technical index reflecting the performance of the braking device and the actual braking effect.In terms of product type, type air brake system is the largest segment, occupied for a share of 69.77%, and in terms of application, application freight has a share about 70.72 percent.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Railway Braking System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Railway Braking System.
The Railway Braking System market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Railway Braking System market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Railway Braking System manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Knorr Bremse
Wabtec
CRRC
Nabtesco
JSC MTZ Transmash
Amsted
Dako-CZ
Beijing Tianyishangjia
Akebono Brake Industry
Mitsubishi Electric
Hanning Kahl
Bosun
Guangdong Huatie Tongda
Segment by Type
Air Brake System
Electropneumatic Braking System
Segment by Application
Freight
Passenger
High Speed
Production by Region
United States
Europe
China
Japan
Russia
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Railway Braking System manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Railway Braking System by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Railway Braking System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
