Global Railway Vehicle Wheels market cagr 12.1%

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Railway Vehicle Wheels Market

Railway Vehicle Wheels Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Railway Vehicle Wheels Market Size and Growth

The Railway Vehicle Wheels market research report provides detailed analysis of current market conditions, trends, and growth opportunities. The market size for Railway Vehicle Wheels is expected to reach USD XX million by 2025, driven by increasing demand for efficient and reliable transportation solutions in the railway sector.

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Companies Covered (Covid 19 Impact Covered)

◍ NSSMC

◍ Interpipe

◍ OMK Steel

◍ EVRAZ NTMK

Competitive Landscape:

- NSSMC, Interpipe, OMK Steel, EVRAZ NTMK, BVV, Lucchini RS, Rail Wheel Factory, GHH-Bonatrans, Amsted Rail, CAF, Comsteel, Magang (Group) Holding, Taiyuan Heavy Industry, DACC, Xinyang Amsted Tonghe Wheels, ZHIQI RAILWAY EQUIPMENT

◍ Bochumer Verein Verkehrstechnik (BVV)

◍ Lucchini RS

◍ Rail Wheel Factory

◍ GHH-Bonatrans

◍ Amsted Rail

◍ CAF

◍ Comsteel

◍ Magang (Group) Holding

◍ Taiyuan Heavy Industry

- These companies manufacture railway vehicle wheels for various applications in the global market, contributing to the growth of the industry.

Overview:

- NSSMC, EVRAZ NTMK, Lucchini RS, Amsted Rail, CAF, GHH-Bonatrans are some key players in the market.

- NSSMC reported sales revenue of $27.6 billion in 2020.

- EVRAZ NTMK generated sales revenue of $7.9 billion in 2020.

- Amsted Rail reported sales revenue of $2.5 billion in 2020.

◍ Datong ABC Castings Company Limited (DACC)

◍ Xinyang Amsted Tonghe Wheels

◍ ZHIQI RAILWAY EQUIPMENT

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Market Segmentation

By Application

Railway Passenger Car

Railway Wagon

◍ Locomotive

◍ High Speed Train

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By Product

Rolling Steel Wheel

Cast Steel Wheel

Market Growth

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$ X Billion USD

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