Railway Maintenance Machinery Market size to grow by USD 1,442.03 million from 2022 to 2027 | Alamo Group Inc., American Equipment Co., BBM Railway Equipment LLC, and more to emerge as key players- Technavio

NEW YORK, July 13, 2023 /PRNewswire/ -- The railway maintenance machinery market size is set to grow by USD 1,442.03 million between 2022 and 2027 and register a CAGR of 6.4% during the forecast period. Some of the major vendors of the railway maintenance machinery market include Alamo Group Inc., American Equipment Co., BBM Railway Equipment LLC, China Railway Construction Corp. Ltd., CRRC Corp. Ltd., Dipsa Technes Srl, GEATECH Group Srl, Harsco Corp., Jinzhou Tiegong Railway Maintenance Machinery Co. Ltd., Loram Maintenance of Way Inc., MATISA MATERIEL INDUSTRIEL SA, Pandrol SAS, Plasser and Theurer Export von Bahnbaumaschinen GmbH, ROBEL Bahnbaumaschinen GmbH, Siemens AG, Sinara Transport Machines Holding, Speno International SA, Strukton Groep NV, Teraspyora Steelwheel Oy, and United Industrial Pty Ltd. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers in-depth market insights that assist global businesses to obtain growth opportunities. Read Sample Report

Vendor Offerings -

• Alamo Group Inc.: The company offers railway maintenance machinery that includes shovels, spades, sledgehammers and crowbars which are used as per their requirements.
• BBM Railway equipment LLC: The company offers railway maintenance machinery that includes wheelchair lifting trolleys, rail cutters, and rail coupling shears.
• China Railway Construction Corp. Ltd.: The company offers railway maintenance machinery for locomotive diesel engines, control systems, traction motors and generators, and complete locomotive and freight car truck assemblies.

The report also covers the following areas:

• Railway Maintenance Machinery Market size
• Railway Maintenance Machinery Market trends
• Railway Maintenance Machinery Market industry analysis

Railway Maintenance Machinery Market - Segmentation 

• Application 
• Ballast Track
• Non-ballast Track
• Product 
• Work Vehicles
• Small Equipment
• Geography 
• Europe
• North America
• APAC
• South America
• Middle East And Africa

The market share growth by the ballast track segment will be significant during the forecast period. The ballast track is a traditional old type of railroad track. These railway tracks typically consist of railway anchors, steel rails, ballast beds, and ties. Ballast tracks are easy to install and require low investment. Railway maintenance machines help to monitor and maintain ballasted tracks to improve operational safety. Railway maintenance machinery is used to perform all necessary track maintenance work such as tamping and cleaning ballast, removing and installing ties, tightening rail bolts, excavating and replacing worn ballast, and adjusting ballasted track.

Learn more about the factors assisting the growth of the market, download a sample report!

What's New?

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial  - Buy the report!

Key Driver - 

The increasing number of railway electrification projects is a key factor driving the global railway maintenance machinery market growth. Electric trains are more economically viable and sustainable than fuel-powered trains, leading to a rising in rail electrification projects around the world. Significant reductions in emissions during train operation and faster acceleration and deceleration of engines compared to diesel engines are the main drivers for the growth of electric engines. In addition, due to environmental concerns and rising regulations, these are expected to transition from diesel engines to electric rail networks during the forecast period. These electrification projects require railway maintenance machinery for their fast and efficient work, which will boost the growth of the railway maintenance machinery market during the forecast period.

Leading Trend - The IoT-based remote monitoring of trains and tracks fuels the global railway maintenance machinery market growth. 

Significant Challenge - The high cost of equipment and the availability of refurbished products are major challenges hindering the railway maintenance machinery market growth.

For more insights on trends and challenges- download a sample report!

Railway Maintenance Machinery Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist railway maintenance machinery market growth during the next five years
• Estimation of the railway maintenance machinery market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the railway maintenance machinery market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of railway maintenance machinery market vendors

Gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Related Reports:

The predicted growth for the railway management system market size from 2021 to 2026 is USD 21.19 billion at a progressing CAGR of 8.45%. This railway management system market forecast report extensively covers segmentation by product (Control system and information system) and geography (APAC, Europe, North America, Middle East and Africa, and South America). The expansion of urban mass transit railway infrastructure is notably driving the railway management system market growth.

The railway couplers market size is expected to reach an estimated USD 258.39 million growth by 2026 at an accelerating CAGR of 2.44%. This report extensively covers railway couplers market segmentation by product - Semi-automatic and automatic) and geography (APAC, Europe, North America, South America, and the Middle East and Africa). The investments in new railway projects are notably driving the railway couplers market growth.

Table Of Content 

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global railway maintenance machinery market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global railway maintenance machinery market 2017 - 2021 ($ million)

• 4.2 By Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – By Product Segment 2017 - 2021 ($ million)

• 4.3 By Application Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – By Application Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Ballast track - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Ballast track - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Ballast track - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Ballast track - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Ballast track - Year-over-year growth 2022-2027 (%)

• 6.4 Non-ballast track - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Non-ballast track - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Non-ballast track - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Non-ballast track - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Non-ballast track - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 42: Market opportunity by Application ($ million)

7 Market Segmentation by Product

• 7.1 Market segments
• Exhibit 43: Chart on Product - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 45: Chart on Comparison by Product
• Exhibit 46: Data Table on Comparison by Product

• 7.3 Work vehicles - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Work vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Work vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Work vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Work vehicles - Year-over-year growth 2022-2027 (%)

• 7.4 Small equipment - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Small equipment - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Small equipment - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Small equipment - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Small equipment - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Product 
• Exhibit 55: Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027 
• Exhibit 61: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027 
• Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 UK - Market size and forecast 2022-2027 
• Exhibit 85: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027 
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027 
• Exhibit 97: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Alamo Group Inc.
• Exhibit 108: Alamo Group Inc. - Overview
• Exhibit 109: Alamo Group Inc. - Business segments
• Exhibit 110: Alamo Group Inc. - Key offerings
• Exhibit 111: Alamo Group Inc. - Segment focus

• 12.4 American Equipment Co. 
• Exhibit 112: American Equipment Co. - Overview
• Exhibit 113: American Equipment Co. - Product / Service
• Exhibit 114: American Equipment Co. - Key offerings

• 12.5 BBM Railway equipment LLC 
• Exhibit 115: BBM Railway equipment LLC - Overview
• Exhibit 116: BBM Railway equipment LLC - Product / Service
• Exhibit 117: BBM Railway equipment LLC - Key offerings

• 12.6 China Railway Construction Corp. Ltd. 
• Exhibit 118: China Railway Construction Corp. Ltd. - Overview
• Exhibit 119: China Railway Construction Corp. Ltd. - Business segments
• Exhibit 120: China Railway Construction Corp. Ltd. - Key offerings
• Exhibit 121: China Railway Construction Corp. Ltd. - Segment focus

• 12.7 CRRC Corp. Ltd.
• Exhibit 122: CRRC Corp. Ltd. - Overview
• Exhibit 123: CRRC Corp. Ltd. - Product / Service
• Exhibit 124: CRRC Corp. Ltd. - Key offerings

• 12.8 Dipsa Technes Srl
• Exhibit 125: Dipsa Technes Srl - Overview
• Exhibit 126: Dipsa Technes Srl - Product / Service
• Exhibit 127: Dipsa Technes Srl - Key offerings

• 12.9 GEATECH Group Srl
• Exhibit 128: GEATECH Group Srl - Overview
• Exhibit 129: GEATECH Group Srl - Product / Service
• Exhibit 130: GEATECH Group Srl - Key offerings

• 12.10 Harsco Corp.
• Exhibit 131: Harsco Corp. - Overview
• Exhibit 132: Harsco Corp. - Business segments
• Exhibit 133: Harsco Corp. - Key news
• Exhibit 134: Harsco Corp. - Key offerings
• Exhibit 135: Harsco Corp. - Segment focus

• 12.11 Jinzhou Tiegong Railway Maintenance Machinery Co. Ltd. 
• Exhibit 136: Jinzhou Tiegong Railway Maintenance Machinery Co. Ltd. - Overview
• Exhibit 137: Jinzhou Tiegong Railway Maintenance Machinery Co. Ltd. - Product / Service
• Exhibit 138: Jinzhou Tiegong Railway Maintenance Machinery Co. Ltd. - Key offerings

• 12.12 Loram Maintenance of Way Inc. 
• Exhibit 139: Loram Maintenance of Way Inc. - Overview
• Exhibit 140: Loram Maintenance of Way Inc. - Product / Service
• Exhibit 141: Loram Maintenance of Way Inc. - Key offerings

• 12.13 MATISA MATERIEL INDUSTRIEL SA 
• Exhibit 142: MATISA MATERIEL INDUSTRIEL SA - Overview
• Exhibit 143: MATISA MATERIEL INDUSTRIEL SA - Product / Service
• Exhibit 144: MATISA MATERIEL INDUSTRIEL SA - Key offerings

• 12.14 Pandrol SAS
• Exhibit 145: Pandrol SAS - Overview
• Exhibit 146: Pandrol SAS - Product / Service
• Exhibit 147: Pandrol SAS - Key offerings

• 12.15 Plasser and Theurer Export von Bahnbaumaschinen GmbH 
• Exhibit 148: Plasser and Theurer Export von Bahnbaumaschinen GmbH - Overview
• Exhibit 149: Plasser and Theurer Export von Bahnbaumaschinen GmbH - Product / Service
• Exhibit 150: Plasser and Theurer Export von Bahnbaumaschinen GmbH - Key offerings

• 12.16 ROBEL Bahnbaumaschinen GmbH 
• Exhibit 151: ROBEL Bahnbaumaschinen GmbH - Overview
• Exhibit 152: ROBEL Bahnbaumaschinen GmbH - Product / Service
• Exhibit 153: ROBEL Bahnbaumaschinen GmbH - Key offerings

• 12.17 Sinara Transport Machines Holding 
• Exhibit 154: Sinara Transport Machines Holding - Overview
• Exhibit 155: Sinara Transport Machines Holding - Product / Service
• Exhibit 156: Sinara Transport Machines Holding - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 157: Inclusions checklist
• Exhibit 158: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 159: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 160: Research methodology
• Exhibit 161: Validation techniques employed for market sizing
• Exhibit 162: Information sources

• 13.5 List of abbreviations 
• Exhibit 163: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio