Global Rolling Stock Wheels Market 2020-2025

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    GLOBAL ROLLING STOCK WHEELS MARKET

     

    INTRODUCTION

    Wheels are a critical component for every vehicle and it is no different in case of rail o rolling stock. Wheels carry the complete weight of the train and have to bear high forces during ride without the risking the lives /safety of goods.

     

    MARKET DYNAMICS

    CAF MiiRA has been researching on the optimisation of low stress wheels and recently developed the new Light Thermo Stable wheel (LiTheS). It has previously developed a tread-braked wheel which is touted to be better than many other wheels presently available in the market.

     

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    Indian Railways is currently collaborating with reputed designers for upgrading LHB wheel designs for better service life and reduced susceptibility to shelling/spalling. The use of indigenously manufactured wheel discs through pressure controlled pouring process is also being looked at.

     

    NEW PRODUCTS DEVELOPED

    The immediate goals include further life-cycle enhancement of wheels, adapting to different standard of rail track and focusing on noise reduction.

     

    • BONASILENCE is a family of dynamic noise absorbing systems developed by GHH-BONATRANS. The most recent application is the new metro cars for Berliner Verkehrsbetriebe (BVG) supplied by Stadler.
    • GHHULTRA-Sis a newly developed wheel designed for 12.5 tonne axle loads

     

    MARKET SIZE AND FORECAST

    The global rolling stock wheels market is estimated at $XXM in 2020 growing at –% CAGR till 2025

     

    COMPETITIVE LANDSCAPE

    Most of the rail wheel suppliers are working on reduction in the unsprung masses and noise emission, especially for countries where track access charges and noise track access charges are already in effect.

    Czech Republic based Bonatrans group is among the leading supplier of wheels and wheelsets to various Rolling stock manufacturers.

    BVV developed a new solution for passenger coaches travelling between two areas with different track gauges will be equipped with automatic gauge changing wheelsets where unlocking, gauge changing and safe relocking of the wheelsets is performed fully automatically while passing an automatic changeover rail. 

    Indian Railways on the other hand produces wheels in its own factories. India rail wheel factory, Bangalore is also setting up a new Axle Forging Complex at a cost of $45 Million and slated to be completed by 2021.

     

     

    COMPANY PROFILES

    1. BONATRANS GROUP 
    2. CAF MiiRA
    3. India Rail wheel factory
    4. Bochumer Verein Verkehrstechnik (BVV)
    5. Lucchini RS Group
    6. MG-VALDUNES

     

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. Global Rolling Stock Market size($M) and Forecast, 2020-2025
    2. Avg B-2-B price, by region
    3. COVID impact on global rolling stock wheel manufacturing and suppliers’ earnings
    4. Latest forging trends
    5. Market share of leading vendors

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2020-2025
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025
    19 Market Segmentation, Dynamics and Forecast by Application, 2020-2025
    20 Market Segmentation, Dynamics and Forecast by End use, 2020-2025
    21 Product installation rate by OEM, 2020
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2020
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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