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PUBLISHER: QYResearch | PRODUCT CODE: 1866646

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PUBLISHER: QYResearch | PRODUCT CODE: 1866646

Rail Wheel (Railway Wheel) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

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The global market for Rail Wheel (Railway Wheel) was estimated to be worth US$ 3565 million in 2024 and is forecast to a readjusted size of US$ 4973 million by 2031 with a CAGR of 4.7% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Rail Wheel (Railway Wheel) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

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, typically pushed onto an axle and mounted directly on a railway carriage or locomotive, or indirectly on a bogie (in the UK), also called a truck (in North America). The powered wheels under the locomotive are called Driving Wheels. Wheels are initially cast or forged and then heat-treated to have a specific hardness.

In 2024, global Rail Wheels sales volume reached approximately 6.8 million units, with an average global market price of around US$ 530 per unit.

The rail wheel market shows robust global growth potential, as these critical components-responsible for bearing heavy loads, guiding trains safely along tracks, and transmitting traction and braking forces-are indispensable to the expansion, modernization, and maintenance of rail infrastructure worldwide, with demand driven by rising urbanization, surging passenger mobility, and the need for efficient, sustainable freight transport; governments across Asia-Pacific, Europe, North America, and emerging regions are heavily investing in high-speed rail networks, metro systems, light rail transit, and heavy-haul freight corridors, which directly stimulates the requirement for advanced, durable, and safety-compliant rail wheels; technological innovation is accelerating, with manufacturers adopting forged steel, composite materials, and heat-treated alloys to enhance fatigue resistance, extend lifecycle, and reduce maintenance costs, while advanced monitoring and predictive maintenance technologies are ensuring improved reliability and safety in rail operations; high-speed rail projects in China, India, and Europe demand precision-engineered wheels with superior dynamic stability, while freight-dominant markets such as North America and Russia prioritize wheels designed for extreme loads and long-haul durability; environmental policies and global sustainability initiatives further encourage rail adoption as a lower-carbon transport alternative, boosting wheel demand as part of broader railway electrification and modernization projects; aftermarket services-including refurbishment, re-profiling, and replacement-also represent a significant recurring revenue stream, as the global rail fleet continues to expand and age simultaneously; challenges such as fluctuating raw material prices, stringent regulatory standards, and the capital-intensive nature of wheel manufacturing exist, but are counterbalanced by strong public-private partnerships, government funding, and global commitments to green mobility; as a result, the rail wheel market is positioned as a vital enabler of the rail industry's long-term growth, ensuring reliable, efficient, and safe railway systems across both developed and emerging economies.

This report aims to provide a comprehensive presentation of the global market for Rail Wheel (Railway Wheel), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Rail Wheel (Railway Wheel) by region & country, by Type, and by Application.

The Rail Wheel (Railway Wheel) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rail Wheel (Railway Wheel).

Market Segmentation

By Company

  • 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
  • ZHIQI RAILWAY EQUIPMENT

Segment by Type

  • Forged Wheels
  • Cast Wheels

Segment by Application

  • Freight Train
  • Passenger Train
  • High-Speed Train
  • Locomotives

By Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Netherlands
    • Nordic Countries
    • Rest of Europe
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • UAE
    • Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Rail Wheel (Railway Wheel) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Rail Wheel (Railway Wheel) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Rail Wheel (Railway Wheel) in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Table of Contents

1 Market Overview

  • 1.1 Rail Wheel (Railway Wheel) Product Introduction
  • 1.2 Global Rail Wheel (Railway Wheel) Market Size Forecast
    • 1.2.1 Global Rail Wheel (Railway Wheel) Sales Value (2020-2031)
    • 1.2.2 Global Rail Wheel (Railway Wheel) Sales Volume (2020-2031)
    • 1.2.3 Global Rail Wheel (Railway Wheel) Sales Price (2020-2031)
  • 1.3 Rail Wheel (Railway Wheel) Market Trends & Drivers
    • 1.3.1 Rail Wheel (Railway Wheel) Industry Trends
    • 1.3.2 Rail Wheel (Railway Wheel) Market Drivers & Opportunity
    • 1.3.3 Rail Wheel (Railway Wheel) Market Challenges
    • 1.3.4 Rail Wheel (Railway Wheel) Market Restraints
  • 1.4 Assumptions and Limitations
  • 1.5 Study Objectives
  • 1.6 Years Considered

2 Competitive Analysis by Company

  • 2.1 Global Rail Wheel (Railway Wheel) Players Revenue Ranking (2024)
  • 2.2 Global Rail Wheel (Railway Wheel) Revenue by Company (2020-2025)
  • 2.3 Global Rail Wheel (Railway Wheel) Players Sales Volume Ranking (2024)
  • 2.4 Global Rail Wheel (Railway Wheel) Sales Volume by Company Players (2020-2025)
  • 2.5 Global Rail Wheel (Railway Wheel) Average Price by Company (2020-2025)
  • 2.6 Key Manufacturers Rail Wheel (Railway Wheel) Manufacturing Base and Headquarters
  • 2.7 Key Manufacturers Rail Wheel (Railway Wheel) Product Offered
  • 2.8 Key Manufacturers Time to Begin Mass Production of Rail Wheel (Railway Wheel)
  • 2.9 Rail Wheel (Railway Wheel) Market Competitive Analysis
    • 2.9.1 Rail Wheel (Railway Wheel) Market Concentration Rate (2020-2025)
    • 2.9.2 Global 5 and 10 Largest Manufacturers by Rail Wheel (Railway Wheel) Revenue in 2024
    • 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Rail Wheel (Railway Wheel) as of 2024)
  • 2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type

  • 3.1 Introduction by Type
    • 3.1.1 Forged Wheels
    • 3.1.2 Cast Wheels
  • 3.2 Global Rail Wheel (Railway Wheel) Sales Value by Type
    • 3.2.1 Global Rail Wheel (Railway Wheel) Sales Value by Type (2020 VS 2024 VS 2031)
    • 3.2.2 Global Rail Wheel (Railway Wheel) Sales Value, by Type (2020-2031)
    • 3.2.3 Global Rail Wheel (Railway Wheel) Sales Value, by Type (%) (2020-2031)
  • 3.3 Global Rail Wheel (Railway Wheel) Sales Volume by Type
    • 3.3.1 Global Rail Wheel (Railway Wheel) Sales Volume by Type (2020 VS 2024 VS 2031)
    • 3.3.2 Global Rail Wheel (Railway Wheel) Sales Volume, by Type (2020-2031)
    • 3.3.3 Global Rail Wheel (Railway Wheel) Sales Volume, by Type (%) (2020-2031)
  • 3.4 Global Rail Wheel (Railway Wheel) Average Price by Type (2020-2031)

4 Segmentation by Application

  • 4.1 Introduction by Application
    • 4.1.1 Freight Train
    • 4.1.2 Passenger Train
    • 4.1.3 High-Speed Train
    • 4.1.4 Locomotives
  • 4.2 Global Rail Wheel (Railway Wheel) Sales Value by Application
    • 4.2.1 Global Rail Wheel (Railway Wheel) Sales Value by Application (2020 VS 2024 VS 2031)
    • 4.2.2 Global Rail Wheel (Railway Wheel) Sales Value, by Application (2020-2031)
    • 4.2.3 Global Rail Wheel (Railway Wheel) Sales Value, by Application (%) (2020-2031)
  • 4.3 Global Rail Wheel (Railway Wheel) Sales Volume by Application
    • 4.3.1 Global Rail Wheel (Railway Wheel) Sales Volume by Application (2020 VS 2024 VS 2031)
    • 4.3.2 Global Rail Wheel (Railway Wheel) Sales Volume, by Application (2020-2031)
    • 4.3.3 Global Rail Wheel (Railway Wheel) Sales Volume, by Application (%) (2020-2031)
  • 4.4 Global Rail Wheel (Railway Wheel) Average Price by Application (2020-2031)

5 Segmentation by Region

  • 5.1 Global Rail Wheel (Railway Wheel) Sales Value by Region
    • 5.1.1 Global Rail Wheel (Railway Wheel) Sales Value by Region: 2020 VS 2024 VS 2031
    • 5.1.2 Global Rail Wheel (Railway Wheel) Sales Value by Region (2020-2025)
    • 5.1.3 Global Rail Wheel (Railway Wheel) Sales Value by Region (2026-2031)
    • 5.1.4 Global Rail Wheel (Railway Wheel) Sales Value by Region (%), (2020-2031)
  • 5.2 Global Rail Wheel (Railway Wheel) Sales Volume by Region
    • 5.2.1 Global Rail Wheel (Railway Wheel) Sales Volume by Region: 2020 VS 2024 VS 2031
    • 5.2.2 Global Rail Wheel (Railway Wheel) Sales Volume by Region (2020-2025)
    • 5.2.3 Global Rail Wheel (Railway Wheel) Sales Volume by Region (2026-2031)
    • 5.2.4 Global Rail Wheel (Railway Wheel) Sales Volume by Region (%), (2020-2031)
  • 5.3 Global Rail Wheel (Railway Wheel) Average Price by Region (2020-2031)
  • 5.4 North America
    • 5.4.1 North America Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 5.4.2 North America Rail Wheel (Railway Wheel) Sales Value by Country (%), 2024 VS 2031
  • 5.5 Europe
    • 5.5.1 Europe Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 5.5.2 Europe Rail Wheel (Railway Wheel) Sales Value by Country (%), 2024 VS 2031
  • 5.6 Asia Pacific
    • 5.6.1 Asia Pacific Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 5.6.2 Asia Pacific Rail Wheel (Railway Wheel) Sales Value by Region (%), 2024 VS 2031
  • 5.7 South America
    • 5.7.1 South America Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 5.7.2 South America Rail Wheel (Railway Wheel) Sales Value by Country (%), 2024 VS 2031
  • 5.8 Middle East & Africa
    • 5.8.1 Middle East & Africa Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 5.8.2 Middle East & Africa Rail Wheel (Railway Wheel) Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

  • 6.1 Key Countries/Regions Rail Wheel (Railway Wheel) Sales Value Growth Trends, 2020 VS 2024 VS 2031
  • 6.2 Key Countries/Regions Rail Wheel (Railway Wheel) Sales Value and Sales Volume
    • 6.2.1 Key Countries/Regions Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 6.2.2 Key Countries/Regions Rail Wheel (Railway Wheel) Sales Volume, 2020-2031
  • 6.3 United States
    • 6.3.1 United States Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 6.3.2 United States Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
    • 6.3.3 United States Rail Wheel (Railway Wheel) Sales Value by Application, 2024 VS 2031
  • 6.4 Europe
    • 6.4.1 Europe Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 6.4.2 Europe Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
    • 6.4.3 Europe Rail Wheel (Railway Wheel) Sales Value by Application, 2024 VS 2031
  • 6.5 China
    • 6.5.1 China Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 6.5.2 China Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
    • 6.5.3 China Rail Wheel (Railway Wheel) Sales Value by Application, 2024 VS 2031
  • 6.6 Japan
    • 6.6.1 Japan Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 6.6.2 Japan Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
    • 6.6.3 Japan Rail Wheel (Railway Wheel) Sales Value by Application, 2024 VS 2031
  • 6.7 South Korea
    • 6.7.1 South Korea Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 6.7.2 South Korea Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
    • 6.7.3 South Korea Rail Wheel (Railway Wheel) Sales Value by Application, 2024 VS 2031
  • 6.8 Southeast Asia
    • 6.8.1 Southeast Asia Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 6.8.2 Southeast Asia Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
    • 6.8.3 Southeast Asia Rail Wheel (Railway Wheel) Sales Value by Application, 2024 VS 2031
  • 6.9 India
    • 6.9.1 India Rail Wheel (Railway Wheel) Sales Value, 2020-2031
    • 6.9.2 India Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
    • 6.9.3 India Rail Wheel (Railway Wheel) Sales Value by Application, 2024 VS 2031

7 Company Profiles

  • 7.1 NSSMC
    • 7.1.1 NSSMC Company Information
    • 7.1.2 NSSMC Introduction and Business Overview
    • 7.1.3 NSSMC Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.1.4 NSSMC Rail Wheel (Railway Wheel) Product Offerings
    • 7.1.5 NSSMC Recent Development
  • 7.2 Interpipe
    • 7.2.1 Interpipe Company Information
    • 7.2.2 Interpipe Introduction and Business Overview
    • 7.2.3 Interpipe Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.2.4 Interpipe Rail Wheel (Railway Wheel) Product Offerings
    • 7.2.5 Interpipe Recent Development
  • 7.3 OMK Steel
    • 7.3.1 OMK Steel Company Information
    • 7.3.2 OMK Steel Introduction and Business Overview
    • 7.3.3 OMK Steel Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.3.4 OMK Steel Rail Wheel (Railway Wheel) Product Offerings
    • 7.3.5 OMK Steel Recent Development
  • 7.4 EVRAZ NTMK
    • 7.4.1 EVRAZ NTMK Company Information
    • 7.4.2 EVRAZ NTMK Introduction and Business Overview
    • 7.4.3 EVRAZ NTMK Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.4.4 EVRAZ NTMK Rail Wheel (Railway Wheel) Product Offerings
    • 7.4.5 EVRAZ NTMK Recent Development
  • 7.5 Bochumer Verein Verkehrstechnik (BVV)
    • 7.5.1 Bochumer Verein Verkehrstechnik (BVV) Company Information
    • 7.5.2 Bochumer Verein Verkehrstechnik (BVV) Introduction and Business Overview
    • 7.5.3 Bochumer Verein Verkehrstechnik (BVV) Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.5.4 Bochumer Verein Verkehrstechnik (BVV) Rail Wheel (Railway Wheel) Product Offerings
    • 7.5.5 Bochumer Verein Verkehrstechnik (BVV) Recent Development
  • 7.6 Lucchini RS
    • 7.6.1 Lucchini RS Company Information
    • 7.6.2 Lucchini RS Introduction and Business Overview
    • 7.6.3 Lucchini RS Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.6.4 Lucchini RS Rail Wheel (Railway Wheel) Product Offerings
    • 7.6.5 Lucchini RS Recent Development
  • 7.7 Rail Wheel Factory
    • 7.7.1 Rail Wheel Factory Company Information
    • 7.7.2 Rail Wheel Factory Introduction and Business Overview
    • 7.7.3 Rail Wheel Factory Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.7.4 Rail Wheel Factory Rail Wheel (Railway Wheel) Product Offerings
    • 7.7.5 Rail Wheel Factory Recent Development
  • 7.8 GHH-Bonatrans
    • 7.8.1 GHH-Bonatrans Company Information
    • 7.8.2 GHH-Bonatrans Introduction and Business Overview
    • 7.8.3 GHH-Bonatrans Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.8.4 GHH-Bonatrans Rail Wheel (Railway Wheel) Product Offerings
    • 7.8.5 GHH-Bonatrans Recent Development
  • 7.9 Amsted Rail
    • 7.9.1 Amsted Rail Company Information
    • 7.9.2 Amsted Rail Introduction and Business Overview
    • 7.9.3 Amsted Rail Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.9.4 Amsted Rail Rail Wheel (Railway Wheel) Product Offerings
    • 7.9.5 Amsted Rail Recent Development
  • 7.10 CAF
    • 7.10.1 CAF Company Information
    • 7.10.2 CAF Introduction and Business Overview
    • 7.10.3 CAF Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.10.4 CAF Rail Wheel (Railway Wheel) Product Offerings
    • 7.10.5 CAF Recent Development
  • 7.11 Comsteel
    • 7.11.1 Comsteel Company Information
    • 7.11.2 Comsteel Introduction and Business Overview
    • 7.11.3 Comsteel Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.11.4 Comsteel Rail Wheel (Railway Wheel) Product Offerings
    • 7.11.5 Comsteel Recent Development
  • 7.12 Magang (Group) Holding
    • 7.12.1 Magang (Group) Holding Company Information
    • 7.12.2 Magang (Group) Holding Introduction and Business Overview
    • 7.12.3 Magang (Group) Holding Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.12.4 Magang (Group) Holding Rail Wheel (Railway Wheel) Product Offerings
    • 7.12.5 Magang (Group) Holding Recent Development
  • 7.13 Taiyuan Heavy Industry
    • 7.13.1 Taiyuan Heavy Industry Company Information
    • 7.13.2 Taiyuan Heavy Industry Introduction and Business Overview
    • 7.13.3 Taiyuan Heavy Industry Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.13.4 Taiyuan Heavy Industry Rail Wheel (Railway Wheel) Product Offerings
    • 7.13.5 Taiyuan Heavy Industry Recent Development
  • 7.14 Datong ABC Castings Company Limited (DACC)
    • 7.14.1 Datong ABC Castings Company Limited (DACC) Company Information
    • 7.14.2 Datong ABC Castings Company Limited (DACC) Introduction and Business Overview
    • 7.14.3 Datong ABC Castings Company Limited (DACC) Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.14.4 Datong ABC Castings Company Limited (DACC) Rail Wheel (Railway Wheel) Product Offerings
    • 7.14.5 Datong ABC Castings Company Limited (DACC) Recent Development
  • 7.15 Xinyang Amsted Tonghe Wheels
    • 7.15.1 Xinyang Amsted Tonghe Wheels Company Information
    • 7.15.2 Xinyang Amsted Tonghe Wheels Introduction and Business Overview
    • 7.15.3 Xinyang Amsted Tonghe Wheels Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.15.4 Xinyang Amsted Tonghe Wheels Rail Wheel (Railway Wheel) Product Offerings
    • 7.15.5 Xinyang Amsted Tonghe Wheels Recent Development
  • 7.16 ZHIQI RAILWAY EQUIPMENT
    • 7.16.1 ZHIQI RAILWAY EQUIPMENT Company Information
    • 7.16.2 ZHIQI RAILWAY EQUIPMENT Introduction and Business Overview
    • 7.16.3 ZHIQI RAILWAY EQUIPMENT Rail Wheel (Railway Wheel) Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.16.4 ZHIQI RAILWAY EQUIPMENT Rail Wheel (Railway Wheel) Product Offerings
    • 7.16.5 ZHIQI RAILWAY EQUIPMENT Recent Development

8 Industry Chain Analysis

  • 8.1 Rail Wheel (Railway Wheel) Industrial Chain
  • 8.2 Rail Wheel (Railway Wheel) Upstream Analysis
    • 8.2.1 Key Raw Materials
    • 8.2.2 Raw Materials Key Suppliers
    • 8.2.3 Manufacturing Cost Structure
  • 8.3 Midstream Analysis
  • 8.4 Downstream Analysis (Customers Analysis)
  • 8.5 Sales Model and Sales Channels
    • 8.5.1 Rail Wheel (Railway Wheel) Sales Model
    • 8.5.2 Sales Channel
    • 8.5.3 Rail Wheel (Railway Wheel) Distributors

9 Research Findings and Conclusion

10 Appendix

  • 10.1 Research Methodology
    • 10.1.1 Methodology/Research Approach
      • 10.1.1.1 Research Programs/Design
      • 10.1.1.2 Market Size Estimation
      • 10.1.1.3 Market Breakdown and Data Triangulation
    • 10.1.2 Data Source
      • 10.1.2.1 Secondary Sources
      • 10.1.2.2 Primary Sources
  • 10.2 Author Details
  • 10.3 Disclaimer

List of Tables

  • Table 1. Rail Wheel (Railway Wheel) Market Trends
  • Table 2. Rail Wheel (Railway Wheel) Market Drivers & Opportunity
  • Table 3. Rail Wheel (Railway Wheel) Market Challenges
  • Table 4. Rail Wheel (Railway Wheel) Market Restraints
  • Table 5. Global Rail Wheel (Railway Wheel) Revenue by Company (2020-2025) & (US$ Million)
  • Table 6. Global Rail Wheel (Railway Wheel) Revenue Market Share by Company (2020-2025)
  • Table 7. Global Rail Wheel (Railway Wheel) Sales Volume by Company (2020-2025) & (K Units)
  • Table 8. Global Rail Wheel (Railway Wheel) Sales Volume Market Share by Company (2020-2025)
  • Table 9. Global Market Rail Wheel (Railway Wheel) Price by Company (2020-2025) & (US$/Unit)
  • Table 10. Key Manufacturers Rail Wheel (Railway Wheel) Manufacturing Base and Headquarters
  • Table 11. Key Manufacturers Rail Wheel (Railway Wheel) Product Type
  • Table 12. Key Manufacturers Time to Begin Mass Production of Rail Wheel (Railway Wheel)
  • Table 13. Global Rail Wheel (Railway Wheel) Manufacturers Market Concentration Ratio (CR5 and HHI)
  • Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Rail Wheel (Railway Wheel) as of 2024)
  • Table 15. Mergers & Acquisitions, Expansion Plans
  • Table 16. Global Rail Wheel (Railway Wheel) Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
  • Table 17. Global Rail Wheel (Railway Wheel) Sales Value by Type (2020-2025) & (US$ Million)
  • Table 18. Global Rail Wheel (Railway Wheel) Sales Value by Type (2026-2031) & (US$ Million)
  • Table 19. Global Rail Wheel (Railway Wheel) Sales Market Share in Value by Type (2020-2025)
  • Table 20. Global Rail Wheel (Railway Wheel) Sales Market Share in Value by Type (2026-2031)
  • Table 21. Global Rail Wheel (Railway Wheel) Sales Volume by Type: 2020 VS 2024 VS 2031 (K Units)
  • Table 22. Global Rail Wheel (Railway Wheel) Sales Volume by Type (2020-2025) & (K Units)
  • Table 23. Global Rail Wheel (Railway Wheel) Sales Volume by Type (2026-2031) & (K Units)
  • Table 24. Global Rail Wheel (Railway Wheel) Sales Market Share in Volume by Type (2020-2025)
  • Table 25. Global Rail Wheel (Railway Wheel) Sales Market Share in Volume by Type (2026-2031)
  • Table 26. Global Rail Wheel (Railway Wheel) Price by Type (2020-2025) & (US$/Unit)
  • Table 27. Global Rail Wheel (Railway Wheel) Price by Type (2026-2031) & (US$/Unit)
  • Table 28. Global Rail Wheel (Railway Wheel) Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
  • Table 29. Global Rail Wheel (Railway Wheel) Sales Value by Application (2020-2025) & (US$ Million)
  • Table 30. Global Rail Wheel (Railway Wheel) Sales Value by Application (2026-2031) & (US$ Million)
  • Table 31. Global Rail Wheel (Railway Wheel) Sales Market Share in Value by Application (2020-2025)
  • Table 32. Global Rail Wheel (Railway Wheel) Sales Market Share in Value by Application (2026-2031)
  • Table 33. Global Rail Wheel (Railway Wheel) Sales Volume by Application: 2020 VS 2024 VS 2031 (K Units)
  • Table 34. Global Rail Wheel (Railway Wheel) Sales Volume by Application (2020-2025) & (K Units)
  • Table 35. Global Rail Wheel (Railway Wheel) Sales Volume by Application (2026-2031) & (K Units)
  • Table 36. Global Rail Wheel (Railway Wheel) Sales Market Share in Volume by Application (2020-2025)
  • Table 37. Global Rail Wheel (Railway Wheel) Sales Market Share in Volume by Application (2026-2031)
  • Table 38. Global Rail Wheel (Railway Wheel) Price by Application (2020-2025) & (US$/Unit)
  • Table 39. Global Rail Wheel (Railway Wheel) Price by Application (2026-2031) & (US$/Unit)
  • Table 40. Global Rail Wheel (Railway Wheel) Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
  • Table 41. Global Rail Wheel (Railway Wheel) Sales Value by Region (2020-2025) & (US$ Million)
  • Table 42. Global Rail Wheel (Railway Wheel) Sales Value by Region (2026-2031) & (US$ Million)
  • Table 43. Global Rail Wheel (Railway Wheel) Sales Value by Region (2020-2025) & (%)
  • Table 44. Global Rail Wheel (Railway Wheel) Sales Value by Region (2026-2031) & (%)
  • Table 45. Global Rail Wheel (Railway Wheel) Sales Volume by Region (K Units): 2020 VS 2024 VS 2031
  • Table 46. Global Rail Wheel (Railway Wheel) Sales Volume by Region (2020-2025) & (K Units)
  • Table 47. Global Rail Wheel (Railway Wheel) Sales Volume by Region (2026-2031) & (K Units)
  • Table 48. Global Rail Wheel (Railway Wheel) Sales Volume by Region (2020-2025) & (%)
  • Table 49. Global Rail Wheel (Railway Wheel) Sales Volume by Region (2026-2031) & (%)
  • Table 50. Global Rail Wheel (Railway Wheel) Average Price by Region (2020-2025) & (US$/Unit)
  • Table 51. Global Rail Wheel (Railway Wheel) Average Price by Region (2026-2031) & (US$/Unit)
  • Table 52. Key Countries/Regions Rail Wheel (Railway Wheel) Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
  • Table 53. Key Countries/Regions Rail Wheel (Railway Wheel) Sales Value, (2020-2025) & (US$ Million)
  • Table 54. Key Countries/Regions Rail Wheel (Railway Wheel) Sales Value, (2026-2031) & (US$ Million)
  • Table 55. Key Countries/Regions Rail Wheel (Railway Wheel) Sales Volume, (2020-2025) & (K Units)
  • Table 56. Key Countries/Regions Rail Wheel (Railway Wheel) Sales Volume, (2026-2031) & (K Units)
  • Table 57. NSSMC Company Information
  • Table 58. NSSMC Introduction and Business Overview
  • Table 59. NSSMC Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 60. NSSMC Rail Wheel (Railway Wheel) Product Offerings
  • Table 61. NSSMC Recent Development
  • Table 62. Interpipe Company Information
  • Table 63. Interpipe Introduction and Business Overview
  • Table 64. Interpipe Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 65. Interpipe Rail Wheel (Railway Wheel) Product Offerings
  • Table 66. Interpipe Recent Development
  • Table 67. OMK Steel Company Information
  • Table 68. OMK Steel Introduction and Business Overview
  • Table 69. OMK Steel Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 70. OMK Steel Rail Wheel (Railway Wheel) Product Offerings
  • Table 71. OMK Steel Recent Development
  • Table 72. EVRAZ NTMK Company Information
  • Table 73. EVRAZ NTMK Introduction and Business Overview
  • Table 74. EVRAZ NTMK Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 75. EVRAZ NTMK Rail Wheel (Railway Wheel) Product Offerings
  • Table 76. EVRAZ NTMK Recent Development
  • Table 77. Bochumer Verein Verkehrstechnik (BVV) Company Information
  • Table 78. Bochumer Verein Verkehrstechnik (BVV) Introduction and Business Overview
  • Table 79. Bochumer Verein Verkehrstechnik (BVV) Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 80. Bochumer Verein Verkehrstechnik (BVV) Rail Wheel (Railway Wheel) Product Offerings
  • Table 81. Bochumer Verein Verkehrstechnik (BVV) Recent Development
  • Table 82. Lucchini RS Company Information
  • Table 83. Lucchini RS Introduction and Business Overview
  • Table 84. Lucchini RS Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 85. Lucchini RS Rail Wheel (Railway Wheel) Product Offerings
  • Table 86. Lucchini RS Recent Development
  • Table 87. Rail Wheel Factory Company Information
  • Table 88. Rail Wheel Factory Introduction and Business Overview
  • Table 89. Rail Wheel Factory Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 90. Rail Wheel Factory Rail Wheel (Railway Wheel) Product Offerings
  • Table 91. Rail Wheel Factory Recent Development
  • Table 92. GHH-Bonatrans Company Information
  • Table 93. GHH-Bonatrans Introduction and Business Overview
  • Table 94. GHH-Bonatrans Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 95. GHH-Bonatrans Rail Wheel (Railway Wheel) Product Offerings
  • Table 96. GHH-Bonatrans Recent Development
  • Table 97. Amsted Rail Company Information
  • Table 98. Amsted Rail Introduction and Business Overview
  • Table 99. Amsted Rail Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 100. Amsted Rail Rail Wheel (Railway Wheel) Product Offerings
  • Table 101. Amsted Rail Recent Development
  • Table 102. CAF Company Information
  • Table 103. CAF Introduction and Business Overview
  • Table 104. CAF Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 105. CAF Rail Wheel (Railway Wheel) Product Offerings
  • Table 106. CAF Recent Development
  • Table 107. Comsteel Company Information
  • Table 108. Comsteel Introduction and Business Overview
  • Table 109. Comsteel Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 110. Comsteel Rail Wheel (Railway Wheel) Product Offerings
  • Table 111. Comsteel Recent Development
  • Table 112. Magang (Group) Holding Company Information
  • Table 113. Magang (Group) Holding Introduction and Business Overview
  • Table 114. Magang (Group) Holding Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 115. Magang (Group) Holding Rail Wheel (Railway Wheel) Product Offerings
  • Table 116. Magang (Group) Holding Recent Development
  • Table 117. Taiyuan Heavy Industry Company Information
  • Table 118. Taiyuan Heavy Industry Introduction and Business Overview
  • Table 119. Taiyuan Heavy Industry Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 120. Taiyuan Heavy Industry Rail Wheel (Railway Wheel) Product Offerings
  • Table 121. Taiyuan Heavy Industry Recent Development
  • Table 122. Datong ABC Castings Company Limited (DACC) Company Information
  • Table 123. Datong ABC Castings Company Limited (DACC) Introduction and Business Overview
  • Table 124. Datong ABC Castings Company Limited (DACC) Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 125. Datong ABC Castings Company Limited (DACC) Rail Wheel (Railway Wheel) Product Offerings
  • Table 126. Datong ABC Castings Company Limited (DACC) Recent Development
  • Table 127. Xinyang Amsted Tonghe Wheels Company Information
  • Table 128. Xinyang Amsted Tonghe Wheels Introduction and Business Overview
  • Table 129. Xinyang Amsted Tonghe Wheels Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 130. Xinyang Amsted Tonghe Wheels Rail Wheel (Railway Wheel) Product Offerings
  • Table 131. Xinyang Amsted Tonghe Wheels Recent Development
  • Table 132. ZHIQI RAILWAY EQUIPMENT Company Information
  • Table 133. ZHIQI RAILWAY EQUIPMENT Introduction and Business Overview
  • Table 134. ZHIQI RAILWAY EQUIPMENT Rail Wheel (Railway Wheel) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
  • Table 135. ZHIQI RAILWAY EQUIPMENT Rail Wheel (Railway Wheel) Product Offerings
  • Table 136. ZHIQI RAILWAY EQUIPMENT Recent Development
  • Table 137. Key Raw Materials Lists
  • Table 138. Raw Materials Key Suppliers Lists
  • Table 139. Rail Wheel (Railway Wheel) Downstream Customers
  • Table 140. Rail Wheel (Railway Wheel) Distributors List
  • Table 141. Research Programs/Design for This Report
  • Table 142. Key Data Information from Secondary Sources
  • Table 143. Key Data Information from Primary Sources

List of Figures

  • Figure 1. Rail Wheel (Railway Wheel) Product Picture
  • Figure 2. Global Rail Wheel (Railway Wheel) Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
  • Figure 3. Global Rail Wheel (Railway Wheel) Sales Value (2020-2031) & (US$ Million)
  • Figure 4. Global Rail Wheel (Railway Wheel) Sales Volume (2020-2031) & (K Units)
  • Figure 5. Global Rail Wheel (Railway Wheel) Sales Price (2020-2031) & (US$/Unit)
  • Figure 6. Rail Wheel (Railway Wheel) Report Years Considered
  • Figure 7. Global Rail Wheel (Railway Wheel) Players Revenue Ranking (2024) & (US$ Million)
  • Figure 8. Global Rail Wheel (Railway Wheel) Players Sales Volume Ranking (2024) & (K Units)
  • Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Rail Wheel (Railway Wheel) Revenue in 2024
  • Figure 10. Rail Wheel (Railway Wheel) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
  • Figure 11. Forged Wheels Picture
  • Figure 12. Cast Wheels Picture
  • Figure 13. Global Rail Wheel (Railway Wheel) Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
  • Figure 14. Global Rail Wheel (Railway Wheel) Sales Value Market Share by Type, 2024 & 2031
  • Figure 15. Global Rail Wheel (Railway Wheel) Sales Volume by Type (2020 VS 2024 VS 2031) & (K Units)
  • Figure 16. Global Rail Wheel (Railway Wheel) Sales Volume Market Share by Type, 2024 & 2031
  • Figure 17. Global Rail Wheel (Railway Wheel) Price by Type (2020-2031) & (US$/Unit)
  • Figure 18. Product Picture of Freight Train
  • Figure 19. Product Picture of Passenger Train
  • Figure 20. Product Picture of High-Speed Train
  • Figure 21. Product Picture of Locomotives
  • Figure 22. Global Rail Wheel (Railway Wheel) Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
  • Figure 23. Global Rail Wheel (Railway Wheel) Sales Value Market Share by Application, 2024 & 2031
  • Figure 24. Global Rail Wheel (Railway Wheel) Sales Volume by Application (2020 VS 2024 VS 2031) & (K Units)
  • Figure 25. Global Rail Wheel (Railway Wheel) Sales Volume Market Share by Application, 2024 & 2031
  • Figure 26. Global Rail Wheel (Railway Wheel) Price by Application (2020-2031) & (US$/Unit)
  • Figure 27. North America Rail Wheel (Railway Wheel) Sales Value (2020-2031) & (US$ Million)
  • Figure 28. North America Rail Wheel (Railway Wheel) Sales Value by Country (%), 2024 VS 2031
  • Figure 29. Europe Rail Wheel (Railway Wheel) Sales Value, (2020-2031) & (US$ Million)
  • Figure 30. Europe Rail Wheel (Railway Wheel) Sales Value by Country (%), 2024 VS 2031
  • Figure 31. Asia Pacific Rail Wheel (Railway Wheel) Sales Value, (2020-2031) & (US$ Million)
  • Figure 32. Asia Pacific Rail Wheel (Railway Wheel) Sales Value by Region (%), 2024 VS 2031
  • Figure 33. South America Rail Wheel (Railway Wheel) Sales Value, (2020-2031) & (US$ Million)
  • Figure 34. South America Rail Wheel (Railway Wheel) Sales Value by Country (%), 2024 VS 2031
  • Figure 35. Middle East & Africa Rail Wheel (Railway Wheel) Sales Value, (2020-2031) & (US$ Million)
  • Figure 36. Middle East & Africa Rail Wheel (Railway Wheel) Sales Value by Country (%), 2024 VS 2031
  • Figure 37. Key Countries/Regions Rail Wheel (Railway Wheel) Sales Value (%), (2020-2031)
  • Figure 38. Key Countries/Regions Rail Wheel (Railway Wheel) Sales Volume (%), (2020-2031)
  • Figure 39. United States Rail Wheel (Railway Wheel) Sales Value, (2020-2031) & (US$ Million)
  • Figure 40. United States Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
  • Figure 41. United States Rail Wheel (Railway Wheel) Sales Value by Application (%), 2024 VS 2031
  • Figure 42. Europe Rail Wheel (Railway Wheel) Sales Value, (2020-2031) & (US$ Million)
  • Figure 43. Europe Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
  • Figure 44. Europe Rail Wheel (Railway Wheel) Sales Value by Application (%), 2024 VS 2031
  • Figure 45. China Rail Wheel (Railway Wheel) Sales Value, (2020-2031) & (US$ Million)
  • Figure 46. China Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
  • Figure 47. China Rail Wheel (Railway Wheel) Sales Value by Application (%), 2024 VS 2031
  • Figure 48. Japan Rail Wheel (Railway Wheel) Sales Value, (2020-2031) & (US$ Million)
  • Figure 49. Japan Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
  • Figure 50. Japan Rail Wheel (Railway Wheel) Sales Value by Application (%), 2024 VS 2031
  • Figure 51. South Korea Rail Wheel (Railway Wheel) Sales Value, (2020-2031) & (US$ Million)
  • Figure 52. South Korea Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
  • Figure 53. South Korea Rail Wheel (Railway Wheel) Sales Value by Application (%), 2024 VS 2031
  • Figure 54. Southeast Asia Rail Wheel (Railway Wheel) Sales Value, (2020-2031) & (US$ Million)
  • Figure 55. Southeast Asia Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
  • Figure 56. Southeast Asia Rail Wheel (Railway Wheel) Sales Value by Application (%), 2024 VS 2031
  • Figure 57. India Rail Wheel (Railway Wheel) Sales Value, (2020-2031) & (US$ Million)
  • Figure 58. India Rail Wheel (Railway Wheel) Sales Value by Type (%), 2024 VS 2031
  • Figure 59. India Rail Wheel (Railway Wheel) Sales Value by Application (%), 2024 VS 2031
  • Figure 60. Rail Wheel (Railway Wheel) Industrial Chain
  • Figure 61. Rail Wheel (Railway Wheel) Manufacturing Cost Structure
  • Figure 62. Channels of Distribution (Direct Sales, and Distribution)
  • Figure 63. Bottom-up and Top-down Approaches for This Report
  • Figure 64. Data Triangulation
  • Figure 65. Key Executives Interviewed
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