PUBLISHER: KBV Research | PRODUCT CODE: 1432765
PUBLISHER: KBV Research | PRODUCT CODE: 1432765
Asia Pacific Track Laying Equipment Market Size, Share & Trends Analysis Report By Application (Heavy Rail and Urban Rail), By Type (New Construction Equipment and Renewal Equipment), By Country and Growth Forecast, 2023 - 2030
The Asia Pacific Track Laying Equipment Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030).
The proliferation of high-speed rail projects has contributed significantly to the adoption of specialized track laying equipment. These projects demand precision and advanced technology to support the high-speed operation of trains. Adopting track laying equipment tailored for high-speed rail is essential in meeting these ambitious initiatives' specific requirements and safety standards. It offers operational flexibility, allowing construction and maintenance activities to be carried out in various terrains and environmental conditions. The ability of these machines to adapt to different landscapes enhances their appeal, especially in regions with challenging geography or where railway tracks need to traverse diverse environments.
It is closely linked to the need for freight and passenger transportation capacity expansion. As urbanization accelerates and populations concentrate in urban areas, the demand for efficient and well-connected urban transit systems grows. It becomes essential for expanding railway capacity, ensuring that transportation networks can accommodate the increasing number of passengers and the movement of goods in densely populated regions.
As per the State Council of China, urbanization has accelerated rapidly throughout China in recent years, with the National Bureau of Statistics estimating that the rate increased to 64.72 percent last year. As of the end of 2022, 914 million people were living in cities, an increase of 12.05 million from 2021. Therefore, due to the above-mentioned factors, the market will grow significantly in this region.
The China market dominated the Asia Pacific Track Laying Equipment Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $76,975.1 Thousands by 2030. The Japan market is experiencing a CAGR of 5.4% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 6.7% during (2023 - 2030).
Based on Application, the market is segmented into Heavy Rail and Urban Rail. Based on Type, the market is segmented into New Construction Equipment and Renewal Equipment. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Plasser & Theurer
- Larsen & Toubro Limited
- Techne Kirow GmbH
- Weihua Group Co., Ltd. (Henan Weihua Heavy Machinery Co., LTD.)
- Matisa Materiel Industriel S.A.
- CRRC Corporation Limited
- Salcef Group S.p.A.
- Enviri Corporation
- BEML Limited
- Vossloh AG
Asia Pacific Track Laying Equipment Market Report Segmentation
By Application
- Heavy Rail
- Urban Rail
By Type
- New Construction Equipment
- Renewal Equipment
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Track Laying Equipment Market, by Application
- 1.4.2 Asia Pacific Track Laying Equipment Market, by Type
- 1.4.3 Asia Pacific Track Laying Equipment Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Track Laying Equipment Market, By Application
- 4.1 Asia Pacific Heavy Rail Market, By Country
- 4.2 Asia Pacific Urban Rail Market, By Country
Chapter 5. Asia Pacific Track Laying Equipment Market, By Type
- 5.1 Asia Pacific New Construction Equipment Market, By Country
- 5.2 Asia Pacific Renewal Equipment Market, By Country
Chapter 6. Asia Pacific Track Laying Equipment Market, By Country
- 6.1 China Track Laying Equipment Market
- 6.1.1 China Track Laying Equipment Market, By Application
- 6.1.2 China Track Laying Equipment Market, By Type
- 6.2 Japan Track Laying Equipment Market
- 6.2.1 Japan Track Laying Equipment Market, By Application
- 6.2.2 Japan Track Laying Equipment Market, By Type
- 6.3 India Track Laying Equipment Market
- 6.3.1 India Track Laying Equipment Market, By Application
- 6.3.2 India Track Laying Equipment Market, By Type
- 6.4 South Korea Track Laying Equipment Market
- 6.4.1 South Korea Track Laying Equipment Market, By Application
- 6.4.2 South Korea Track Laying Equipment Market, By Type
- 6.5 Singapore Track Laying Equipment Market
- 6.5.1 Singapore Track Laying Equipment Market, By Application
- 6.5.2 Singapore Track Laying Equipment Market, By Type
- 6.6 Malaysia Track Laying Equipment Market
- 6.6.1 Malaysia Track Laying Equipment Market, By Application
- 6.6.2 Malaysia Track Laying Equipment Market, By Type
- 6.7 Rest of Asia Pacific Track Laying Equipment Market
- 6.7.1 Rest of Asia Pacific Track Laying Equipment Market, By Application
- 6.7.2 Rest of Asia Pacific Track Laying Equipment Market, By Type
Chapter 7. Company Profiles
- 7.1 Plasser & Theurer
- 7.1.1 Company Overview
- 7.1.2 SWOT Analysis
- 7.2 Larsen & Toubro Limited.
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
- 7.3 Techne Kirow GmbH
- 7.3.1 Company Overview
- 7.3.2 SWOT Analysis
- 7.4 Weihua Group Co., Ltd. (Henan Weihua Heavy Machinery Co., LTD.)
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 Matisa Materiel Industriel S.A.
- 7.5.1 Company Overview
- 7.5.2 SWOT Analysis
- 7.6 CRRC Corporation Limited
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 SWOT Analysis
- 7.7 Salcef Group S.p.A.
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Regional Analysis
- 7.7.4 SWOT Analysis
- 7.8 Enviri Corporation
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expenses
- 7.8.5 SWOT Analysis
- 7.9 BEML Limited
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 SWOT Analysis
- 7.10. Vossloh AG
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Research & Development Expenses
- 7.10.4 SWOT Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific Track Laying Equipment Market, 2019 - 2022, USD Thousands
- TABLE 2 Asia Pacific Track Laying Equipment Market, 2023 - 2030, USD Thousands
- TABLE 3 Asia Pacific Track Laying Equipment Market, By Application, 2019 - 2022, USD Thousands
- TABLE 4 Asia Pacific Track Laying Equipment Market, By Application, 2023 - 2030, USD Thousands
- TABLE 5 Asia Pacific Heavy Rail Market, By Country, 2019 - 2022, USD Thousands
- TABLE 6 Asia Pacific Heavy Rail Market, By Country, 2023 - 2030, USD Thousands
- TABLE 7 Asia Pacific Urban Rail Market, By Country, 2019 - 2022, USD Thousands
- TABLE 8 Asia Pacific Urban Rail Market, By Country, 2023 - 2030, USD Thousands
- TABLE 9 Asia Pacific Track Laying Equipment Market, By Type, 2019 - 2022, USD Thousands
- TABLE 10 Asia Pacific Track Laying Equipment Market, By Type, 2023 - 2030, USD Thousands
- TABLE 11 Asia Pacific New Construction Equipment Market, By Country, 2019 - 2022, USD Thousands
- TABLE 12 Asia Pacific New Construction Equipment Market, By Country, 2023 - 2030, USD Thousands
- TABLE 13 Asia Pacific Renewal Equipment Market, By Country, 2019 - 2022, USD Thousands
- TABLE 14 Asia Pacific Renewal Equipment Market, By Country, 2023 - 2030, USD Thousands
- TABLE 15 Asia Pacific Track Laying Equipment Market, By Country, 2019 - 2022, USD Thousands
- TABLE 16 Asia Pacific Track Laying Equipment Market, By Country, 2023 - 2030, USD Thousands
- TABLE 17 China Track Laying Equipment Market, 2019 - 2022, USD Thousands
- TABLE 18 China Track Laying Equipment Market, 2023 - 2030, USD Thousands
- TABLE 19 China Track Laying Equipment Market, By Application, 2019 - 2022, USD Thousands
- TABLE 20 China Track Laying Equipment Market, By Application, 2023 - 2030, USD Thousands
- TABLE 21 China Track Laying Equipment Market, By Type, 2019 - 2022, USD Thousands
- TABLE 22 China Track Laying Equipment Market, By Type, 2023 - 2030, USD Thousands
- TABLE 23 Japan Track Laying Equipment Market, 2019 - 2022, USD Thousands
- TABLE 24 Japan Track Laying Equipment Market, 2023 - 2030, USD Thousands
- TABLE 25 Japan Track Laying Equipment Market, By Application, 2019 - 2022, USD Thousands
- TABLE 26 Japan Track Laying Equipment Market, By Application, 2023 - 2030, USD Thousands
- TABLE 27 Japan Track Laying Equipment Market, By Type, 2019 - 2022, USD Thousands
- TABLE 28 Japan Track Laying Equipment Market, By Type, 2023 - 2030, USD Thousands
- TABLE 29 India Track Laying Equipment Market, 2019 - 2022, USD Thousands
- TABLE 30 India Track Laying Equipment Market, 2023 - 2030, USD Thousands
- TABLE 31 India Track Laying Equipment Market, By Application, 2019 - 2022, USD Thousands
- TABLE 32 India Track Laying Equipment Market, By Application, 2023 - 2030, USD Thousands
- TABLE 33 India Track Laying Equipment Market, By Type, 2019 - 2022, USD Thousands
- TABLE 34 India Track Laying Equipment Market, By Type, 2023 - 2030, USD Thousands
- TABLE 35 South Korea Track Laying Equipment Market, 2019 - 2022, USD Thousands
- TABLE 36 South Korea Track Laying Equipment Market, 2023 - 2030, USD Thousands
- TABLE 37 South Korea Track Laying Equipment Market, By Application, 2019 - 2022, USD Thousands
- TABLE 38 South Korea Track Laying Equipment Market, By Application, 2023 - 2030, USD Thousands
- TABLE 39 South Korea Track Laying Equipment Market, By Type, 2019 - 2022, USD Thousands
- TABLE 40 South Korea Track Laying Equipment Market, By Type, 2023 - 2030, USD Thousands
- TABLE 41 Singapore Track Laying Equipment Market, 2019 - 2022, USD Thousands
- TABLE 42 Singapore Track Laying Equipment Market, 2023 - 2030, USD Thousands
- TABLE 43 Singapore Track Laying Equipment Market, By Application, 2019 - 2022, USD Thousands
- TABLE 44 Singapore Track Laying Equipment Market, By Application, 2023 - 2030, USD Thousands
- TABLE 45 Singapore Track Laying Equipment Market, By Type, 2019 - 2022, USD Thousands
- TABLE 46 Singapore Track Laying Equipment Market, By Type, 2023 - 2030, USD Thousands
- TABLE 47 Malaysia Track Laying Equipment Market, 2019 - 2022, USD Thousands
- TABLE 48 Malaysia Track Laying Equipment Market, 2023 - 2030, USD Thousands
- TABLE 49 Malaysia Track Laying Equipment Market, By Application, 2019 - 2022, USD Thousands
- TABLE 50 Malaysia Track Laying Equipment Market, By Application, 2023 - 2030, USD Thousands
- TABLE 51 Malaysia Track Laying Equipment Market, By Type, 2019 - 2022, USD Thousands
- TABLE 52 Malaysia Track Laying Equipment Market, By Type, 2023 - 2030, USD Thousands
- TABLE 53 Rest of Asia Pacific Track Laying Equipment Market, 2019 - 2022, USD Thousands
- TABLE 54 Rest of Asia Pacific Track Laying Equipment Market, 2023 - 2030, USD Thousands
- TABLE 55 Rest of Asia Pacific Track Laying Equipment Market, By Application, 2019 - 2022, USD Thousands
- TABLE 56 Rest of Asia Pacific Track Laying Equipment Market, By Application, 2023 - 2030, USD Thousands
- TABLE 57 Rest of Asia Pacific Track Laying Equipment Market, By Type, 2019 - 2022, USD Thousands
- TABLE 58 Rest of Asia Pacific Track Laying Equipment Market, By Type, 2023 - 2030, USD Thousands
- TABLE 59 Key Information - Plasser & Theurer
- TABLE 60 Key Information - Larsen & Toubro Limited.
- TABLE 61 Key Information - Techne Kirow GmbH
- TABLE 62 Key Information - Weihua Group Co., Ltd.
- TABLE 63 Key Information - Matisa Materiel Industriel S.A.
- TABLE 64 Key Information - CRRC Corporation Limited
- TABLE 65 Key Information - Salcef Group S.p.A.
- TABLE 66 Key Information - Enviri Corporation
- TABLE 67 Key Information - BEML Limited
- TABLE 68 Key Information - Vossloh AG
