Market Snapshot:
Rails are the most important component related to the system of rail track. The train runs on the parallel rails, carrying freight and passengers. It is fixed on the sleepers, rails pass the load of trains to the sleepers. Rails basically described and specified according to their weight per unit length. The minimum weight of the rail per meter required depends on a maximum axle load of the trains which will run on the track. Normally, the heavier the rails and also the rest of the track work, the faster and heavier the trains these tracks can carry. Rails actually represent a fraction of the substantial cost of a railway line. Only a few small numbers of rail sizes are made by the steelworks at one time, so a railway must choose accordingly the nearest suitable size. While Heavy Rail is referred to as the Rail weight which is higher than 30 Kg/m
Market Drivers
- Increased demands across various end users
- Increasing disposable income of people
Market Trend
- Rising demand for scrap produced during steel making
Restraints
- Increasing prices of raw material
- Affect of factors such as labor laws and environmental cost on production
The Heavy Rail market framework should serve as a basic structure to support the strategic decision-making process for Manufacturers. For instance, the question of whether a Manufacturers wants to expand in other areas of the market value chain would fundamentally determines its strategy.
What is the current setup of the Heavy Rail Industry, and what is its growth trajectory through 2026?
Trends that might impact the resulting strategic moves of the Manufacturers
How can Manufacturers take advantage of the changing market dynamics and capture new opportunities lying in Heavy Rail market?
The key Manufacturers profiled in the report are Ansteel (China), EVRAZ (United Kingdom), BaoTou Steel (China), ArcelorMittal (Luxembourg), Tata Steel (India), SAIL (India), Wuhan Iron and Steel (China), NSSMC (Japan), Voestalpine (Austria) and JSPL (India). Additionally, other players that are part of this comprehensive study are Mechel (Russia), ThyssenKrupp (Germany), JFE Steel (Japan), Hesteel Group (China) and Atlantic Track (United States).