Freight Railcar Parts Market Size By Type, By Distribution Channel, By Components, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022

Description

List of Tables

The global freight railcar parts market is anticipated to grow commendably through 2030 owing to increasing inclination toward low-emission modes of transport. Additionally, growing volumes of rail freight cargo will amplify demand for robust rail parts, which is set to further boost industry expansion over the forecast timeline.

Freight rail operations have witnessed a significant surge over the past two decades. According to IEA estimates, passenger and freight rail activities could increase almost twofold by 2050, in turn increasing demand for freight railcar parts. Freight train cars encompass several mechanical apparatuses, making freight train components essential elements for efficient rail operations.

The freight railcar parts market has been bifurcated in terms of type, distribution channel, component, and region. Based on type, the freight railcar parts industry has been further divided into autocar, center beam, flat car, box car, gondola, coil car, covered hopper, refrigerant boxcar, open to hopper, tank cars, and others.

The coil car segment is speculated to register approximately 5% CAGR through 2030, given the prominent role played by the trains in moving and delivering coiled steel commodities to manufacturing plants for further processing. Coil cars are designed specifically for the movement of these steel coils, with troughs or open compartments to fit coils of varying sizes.

Gondola, on the other hand, is expected to account for about 10% share in the overall freight railcar parts market by 2030. These types of freight cars are used mainly to transport rugged commodities like steel, gravel, sand, scrap metal, and other raw materials that are essential for manufacturing and construction operations.

On the basis of component, the freight railcar parts market has been categorized into wheels, axles & bearings, gears, side frames, couplers & yokes, draft systems, airbrakes, and others. Of these, the draft systems segment is foreseen to register a CAGR of nearly 4.5% through 2030.

Draft systems are essential components in freight railcars, designed to protect the cars when coupler forces are being transmitted through the train through the control of relative motion between coupled cars as well as by absorbing energy in the event of impacts. Meanwhile, the couplers & yokes segment is poised to register revenue worth nearly $2 billion by 2030.

From the regional standpoint, the Middle East & Africa freight railcar parts market is still in its developmental stage and is set to witness commendable growth opportunities over the estimated timeline. Economic recessions and other socio-political factors have impacted the development of railway infrastructure in prominent nations like Saudi Arabia and the UAE.

Recently, there has been an increase in the introduction of new railway projects, including those under the Projects of the 50, with an investment of almost $13.61 billion, aimed at creating a national railway network that would connect the seven emirates. The project was aimed to pave the way for a new phase of logistic and economic integration between the two emirates. Such projects have unlocked massive potential for progress in the region, and in turn, will foster MEA freight railcar parts market expansion over the forthcoming years.

Product Code: 5265

Chapter 1 Methodology and Scope

1.1 Scope and definitions
1.2 Methodology & forecast parameters
1.3 COVID-19 impact calculations on industry forecast
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific (APAC)
- 1.3.4 Latin America (LATAM)
- 1.3.5 Middle East & Africa (MEA)
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
1.5 Industry Glossary

Chapter 2 Executive Summary

2.1 Global freight railcar parts industry 360 degree synopsis, 2018 - 2030
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Type trends
- 2.1.4 Distribution channel trends
- 2.1.5 Component trends

Chapter 3 Global Freight Railcar Parts Industry Insights

3.1 Introduction
3.2 Industry landscape, 2018 - 2030
3.3 Impact of COVID-19 outbreak
- 3.3.1 Global outlook
- 3.3.2 Impact by region
  - 3.3.2.1 North America
  - 3.3.2.2 Europe
  - 3.3.2.3 Asia Pacific (APAC)
  - 3.3.2.4 Latin America (LATAM)
  - 3.3.2.5 Middle East & Africa (MEA)
- 3.3.3 Industry value chain
  - 3.3.3.1 Research and development
  - 3.3.3.2 Manufacturing
  - 3.3.3.3 Marketing
  - 3.3.3.4 Supply
- 3.3.4 Competitive landscape
  - 3.3.4.1 Strategy
  - 3.3.4.2 Distribution network
  - 3.3.4.3 Business growth
3.4 Industry ecosystem analysis
- 3.4.1 Suppliers
- 3.4.2 Manufacturers
- 3.4.3 Distribution channel analysis
- 3.4.4 End-use landscape
- 3.4.5 Vendor matrix
3.5 Global railway freight industry overview
3.6 Pricing analysis
3.7 Regulatory landscape
- 3.7.1 U.S.
- 3.7.2 Europe
- 3.7.3 Asia Pacific
- 3.7.4 Latin America
- 3.7.5 MEA
3.8 Technology & innovation landscape
3.9 Industry impact forces
- 3.9.1 Growth drivers
  - 3.9.1.1 Rising demand for railcar and increasing production
  - 3.9.1.2 Developments in the Asia Pacific railway industry
  - 3.9.1.3 Demand for railcar parts increasing due to replacement cycle
- 3.9.2 Industry pitfalls & challenges
  - 3.9.2.1 Energy-efficient and environmental manufacturing norms
  - 3.9.2.2 Fluctuating raw material prices
3.10 Growth potential analysis
- 3.10.1 Porter's analysis
- 3.10.2 Supplier power
- 3.10.3 Buyer power
- 3.10.4 Threat of new entrants
- 3.10.5 Threat of substitutes
- 3.10.6 Industry rivalry
3.11 PESTLE analysis

Chapter 4 Competitive Landscape, 2021

4.1 Introduction
4.2 Company market share, 2021
4.3 Key players analysis, 2021

Chapter 5 freight railcar parts market, by Type

5.1 Global freight railcar parts market, by type, 2021 & 2030
5.2 Autocar
- 5.2.1 Global market estimates and forecasts, 2018 - 2030
5.3 Box Car
- 5.3.1 Global market estimates and forecasts, 2018 - 2030
5.4 Center Beam
- 5.4.1 Global market estimates and forecasts, 2018 - 2030
5.5 Covered Hopper
- 5.5.1 Global market estimates and forecasts, 2018 - 2030
5.6 Coil Car
- 5.6.1 Global market estimates and forecasts, 2018 - 2030
5.7 Flat Car
- 5.7.1 Global market estimates and forecasts, 2018 - 2030
5.8 Gondola
- 5.8.1 Global market estimates and forecasts, 2018 - 2030
5.9 Open to Hopper
- 5.9.1 Global market estimates and forecasts, 2018 - 2030
5.10 Refrigerant Boxcar
- 5.10.1 Global market estimates and forecasts, 2018 - 2030
5.11 Tank cars
- 5.11.1 Global market estimates and forecasts, 2018 - 2030
5.12 Others
- 5.12.1 Global market estimates and forecasts, 2018 - 2030

Chapter 6 freight railcar parts market, By Distribution Channel

6.1 Global freight railcar parts market, by distribution channel, 2021 & 2030
6.2 OEM
- 6.2.1 Global market estimates and forecasts, 2018 - 2030
6.3 Aftermarket
- 6.3.1 Global market estimates and forecasts, 2018 - 2030

Chapter 7 freight railcar parts market, by Component

7.1 Global freight railcar parts market, by component, 2021 & 2030
7.2 Gears
- 7.2.1 Global market estimates and forecasts, 2018 - 2030
7.3 Wheels, Axles and Bearings
- 7.3.1 Global market estimates and forecasts, 2018 - 2030
7.4 Side Frames
- 7.4.1 Global market estimates and forecasts, 2018 - 2030
7.5 Draft Systems
- 7.5.1 Global market estimates and forecasts, 2018 - 2030
7.6 Couplers & Yokes
- 7.6.1 Global market estimates and forecasts, 2018 - 2030
7.7 Airbrakes
- 7.7.1 Global market estimates and forecasts, 2018 - 2030
7.8 Others
- 7.8.1 Global market estimates and forecasts, 2018 - 2030

Chapter 8 freight railcar parts market, By Region

8.1 Global freight railcar parts market regional insights
8.2 North America
- 8.2.1 Market estimates and forecast, 2018 - 2030
- 8.2.2 Market estimates and forecast by type, 2018 - 2030
- 8.2.3 Market estimates and forecast by distribution channel, 2018 - 2030
- 8.2.4 Market estimates and forecast by component, 2018 - 2030
- 8.2.5 U.S.
  - 8.2.5.1 Market estimates and forecast, 2018 - 2030
  - 8.2.5.2 Market estimates and forecast by type, 2018 - 2030
  - 8.2.5.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.2.5.4 Market estimates and forecast by component, 2018 - 2030
- 8.2.6 Canada
  - 8.2.6.1 Market estimates and forecast, 2018 - 2030
  - 8.2.6.2 Market estimates and forecast by type, 2018 - 2030
  - 8.2.6.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.2.6.4 Market estimates and forecast by component, 2018 - 2030
8.3 Europe
- 8.3.1 Market estimates and forecast, 2018 - 2030
- 8.3.2 Market estimates and forecast by type, 2018 - 2030
- 8.3.3 Market estimates and forecast by distribution channel, 2018 - 2030
- 8.3.4 Market estimates and forecast by component, 2018 - 2030
- 8.3.5 UK
  - 8.3.5.1 Market estimates and forecast, 2018 - 2030
  - 8.3.5.2 Market estimates and forecast by type, 2018 - 2030
  - 8.3.5.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.3.5.4 Market estimates and forecast by component, 2018 - 2030
- 8.3.6 Germany
  - 8.3.6.1 Market estimates and forecast, 2018 - 2030
  - 8.3.6.2 Market estimates and forecast by type, 2018 - 2030
  - 8.3.6.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.3.6.4 Market estimates and forecast by component, 2018 - 2030
- 8.3.7 France
  - 8.3.7.1 Market estimates and forecast, 2018 - 2030
  - 8.3.7.2 Market estimates and forecast by type, 2018 - 2030
  - 8.3.7.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.3.7.4 Market estimates and forecast by component, 2018 - 2030
- 8.3.8 Russia
  - 8.3.8.1 Market estimates and forecast, 2018 - 2030
  - 8.3.8.2 Market estimates and forecast by type, 2018 - 2030
  - 8.3.8.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.3.8.4 Market estimates and forecast by component, 2018 - 2030
8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, 2018 - 2030
- 8.4.2 Market estimates and forecast by type, 2018 - 2030
- 8.4.3 Market estimates and forecast by distribution channel, 2018 - 2030
- 8.4.4 Market estimates and forecast by component, 2018 - 2030
- 8.4.5 China
  - 8.4.5.1 Market estimates and forecast, 2018 - 2030
  - 8.4.5.2 Market estimates and forecast by type, 2018 - 2030
  - 8.4.5.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.4.5.4 Market estimates and forecast by component, 2018 - 2030
- 8.4.6 India
  - 8.4.6.1 Market estimates and forecast, 2018 - 2030
  - 8.4.6.2 Market estimates and forecast by type, 2018 - 2030
  - 8.4.6.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.4.6.4 Market estimates and forecast by component, 2018 - 2030
- 8.4.7 Japan
  - 8.4.7.1 Market estimates and forecast, 2018 - 2030
  - 8.4.7.2 Market estimates and forecast by type, 2018 - 2030
  - 8.4.7.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.4.7.4 Market estimates and forecast by component, 2018 - 2030
- 8.4.8 South Korea
  - 8.4.8.1 Market estimates and forecast, 2018 - 2030
  - 8.4.8.2 Market estimates and forecast by type, 2018 - 2030
  - 8.4.8.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.4.8.4 Market estimates and forecast by component, 2018 - 2030
8.5 Latin America
- 8.5.1 Market estimates and forecast, 2018 - 2030
- 8.5.2 Market estimates and forecast by type, 2018 - 2030
- 8.5.3 Market estimates and forecast by distribution channel, 2018 - 2030
- 8.5.4 Market estimates and forecast by component, 2018 - 2030
- 8.5.5 Brazil
  - 8.5.5.1 Market estimates and forecast, 2018 - 2030
  - 8.5.5.2 Market estimates and forecast by type, 2018 - 2030
  - 8.5.5.3 Market estimates and forecast By Type, 2018 - 2030
  - 8.5.5.4 Market estimates and forecast by distribution channel, 2018 - 2030
- 8.5.6 Mexico
  - 8.5.6.1 Market estimates and forecast, 2018 - 2030
  - 8.5.6.2 Market estimates and forecast by type, 2018 - 2030
  - 8.5.6.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.5.6.4 Market estimates and forecast by component, 2018 - 2030
8.6 Middle East & Africa
- 8.6.1 Market estimates and forecast, 2018 - 2030
- 8.6.2 Market estimates and forecast by type, 2018 - 2030
- 8.6.3 Market estimates and forecast by distribution channel, 2018 - 2030
- 8.6.4 Market estimates and forecast by component, 2018 - 2030
- 8.6.5 South Africa
  - 8.6.5.1 Market estimates and forecast, 2018 - 2030
  - 8.6.5.2 Market estimates and forecast by type, 2018 - 2030
  - 8.6.5.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.6.5.4 Market estimates and forecast by component, 2018 - 2030
- 8.6.6 Saudi Arabia
  - 8.6.6.1 Market estimates and forecast, 2018 - 2030
  - 8.6.6.2 Market estimates and forecast by type, 2018 - 2030
  - 8.6.6.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.6.6.4 Market estimates and forecast by component, 2018 - 2030
- 8.6.7 UAE
  - 8.6.7.1 Market estimates and forecast, 2018 - 2030
  - 8.6.7.2 Market estimates and forecast by type, 2018 - 2030
  - 8.6.7.3 Market estimates and forecast by distribution channel, 2018 - 2030
  - 8.6.7.4 Market estimates and forecast by component, 2018 - 2030

Chapter 9 Company Profiles

9.1 FreightCar America Inc
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT Analysis
9.2 Penn Machine Company
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT Analysis
9.3 Greenbrier Companies
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT Analysis
9.4 Trinity Industries Inc.
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 Strategic Outlook
- 9.4.5 SWOT Analysis
9.5 Wabtec Corporation
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT Analysis
9.6 New York Air Brake LLC
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT Analysis
9.7 Progress Rail
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT Analysis
9.8 Amsted Rail
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 Strategic Outlook
- 9.8.5 SWOT Analysis
9.9 Rail Wheel Factory
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT Analysis
9.10 Greysham International
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT Analysis
9.11 Hindustan Composites Limited
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Strategic Outlook
- 9.11.5 SWOT Analysis
9.12 NIPPON STEEL CORPORATION
- 9.12.1 Business Overview
- 9.12.2 Financial Data
- 9.12.3 Product Landscape
- 9.12.4 Strategic Outlook
- 9.12.5 SWOT Analysis
9.13 KLW Wheelco SA
- 9.13.1 Business Overview
- 9.13.2 Financial Data
- 9.13.3 Product Landscape
- 9.13.4 Strategic Outlook
- 9.13.5 SWOT Analysis