Rail Wheels Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

A train wheel or rail wheel is a type of wheel specially designed for use on railway tracks. The wheel acts as a rolling component, usually pushed to the axle and mounted directly on a railway carriage or locomotive, or indirectly directly on a bogie(UK), also known as a truck(North America). The power wheels under the locomotive are called driving wheels. The wheels are initially cast or forged, and then heat treated to have a certain hardness.The new wheels are machined using racks to standardized shapes called profiles,before they are installed on the axles. All wheel profiles are regularly checked to ensure proper interaction between wheels and rails. Incorrectly profiled wheels and worn wheels can increase cloud resistance, reduce energy efficiency, and even cause derailments.

Key players

• NSSMC
• Interpipe
• OMK Steel
• EVRAZ NTMK
• Bochumer Verein Verkehrstechnik (BVV)
• Lucchini RS
• Rail Wheel Factory
• GHH-Bonatrans
• Amsted Rail
• CAF
• Comsteel
• Magang (Group) Holding
• Taiyuan Heavy Industry
• Datong ABC Castings Company Limited (DACC)
• Xinyang Amsted Tonghe Wheels

By Type

• High speed
• Freight Wagons
• Passenger Wagons
• Locos

By Application

• OE Market
• AM Market

  Scope of the Report

The research study analyzes the global Expanded per lite industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
 Market Overview and growth analysis
 Import and Export Overview
 Volume Analysis
 Current Market Trends and Future Outlook
 Market Opportunistic and Attractive Investment Segment

A full report of Global   Rail Wheels Market  Research” is available at: 

Geographic Coverage

 North America Market Size and/or Volume
 Latin America Market Size and/or Volume
 Europe Market Size and/or Volume
 Asia-pacific Market Size and/or Volume
 Rest of the world Market Size and/or Volume

Key Questions Answered by   Rail Wheels Market  Research” Report

 What was the   Rail Wheels Market  Research” size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028).

 What will be the CAGR of   Rail Wheels Market  Research” during the forecast period (2022-2028)?
Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
 Which manufacturer/vendor/players in the   Rail Wheels Market  Research” was the market leader in 2020?
 Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.