Global Railway Fish Plate And Fish Bolt Market Overview
Railway fish plate and fish bolt market accounted for USD 4697.1 Million in 2020 and is estimated to be USD 6022.4 Million by 2029 and is anticipated to register a CAGR of 2.8%.
Railway fish plates and fish bolts are used to fix rails and sleepers in the track function for safely running of trains. It helps to connect and join two steel rail ends to keep the track in position in both vertical and horizontal planes. The construction and development of new high-speed tracks are expected to contribute to the demand and growth of the railway fish plate and fish bolt market during the forecast period.
Global Railway Fish Plate And Fish Bolt Market Drivers & Restraints
The installation of new railway tracks owing to the increasing demand for cost efficient logistics and dependency on railway transportation is a major factor driving the growth of the railway fish plate and fish bolt market during the forecast period. Moreover, the growing trend of high-speed rails coupled with the demand for multiple routes is anticipated to boost the target market growth.
The socio-economic factors such as GDP growth and trade balances are likely to contribute to the growth and development of the industrial manufacturing sector. The growth in the manufacturing sector enables new trends in the market which is projected to boost railway fish plate and fish bolt market growth.
The rising construction and development activities including transportation infrastructure in developing countries such as India and China is expected to surge the demand for railway fish plate and fish bolt in the market.
Global Railway Fish Plate And Fish Bolt Market Segmentations & Regional Insights
Railway fish plate and fish bolt market is segmented based on joint type, rail type, and region. On the basis of joint type, the railway fish plate and fish bolt market is segmented into standard, joggled, special, combination/compromised. On the basis of rail type, the target market is segmented into the light and heavy.
In the region, the railway fish plate and fish bolt market are segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region is expected to gain traction due to the robust development of transportation and logistics infrastructure in the region.
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Attribute |
Details |
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The base year for estimation |
2020 |
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Forecast period |
2020 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Joint Type – Standard, Joggled, Special and Combination/Compromised By Rail Type – Light and Heavy |
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Regional Scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2029. For the purpose of this study, has segmented the railway fish plate and fish bolt market report based on joint type, rail type, and region.
Railway Fish Plate and Fish Bolt Market, By Joint Type:
- Standard
- Joggled
- Special
- Combination/Compromised
Railway Fish Plate and Fish Bolt Market, By Rail Type:
- Light
- Heavy
Railway Fish Plate and Fish Bolt Market, By Region:
- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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Global Railway Fish Plate And Fish Bolt Market Competitive Landscape & Key Players
The key players operating in the railway fish plate and fish bolt market includes AGICO Group, Chandra Industrial Works, Henry Williams Limited, Jekay International Track Pvt. Ltd., Koppers Holdings, Inc., L.B. Foster Company, Linzhou Changda Railway Materials Co. Ltd., N. Mohanlal Railtrack Pvt. Ltd., Rail Udyog, Royal Infraconstru Limited, Shanghai Suyu Railway Material Co.,Ltd., Surya Alloy Industries Ltd, Suthang Industrial Corporation, Taicang Zhongbo Railway Fastening Co. Ltd., Unipart Rail Limited, Vinayak Rail track (india) private limited, Xinxiang Luda Machinery Manufacturing Co. Ltd. and many many other players.
Global Railway Fish Plate And Fish Bolt Market Company Profile
- AGICO Group*
- Chandra Industrial Works
- Henry Williams Limited
- Jekay International Track Pvt. Ltd.
- Koppers Holdings, Inc.
- L.B. Foster Company
- Linzhou Changda Railway Materials Co. Ltd.
- N. Mohanlal Railtrack Pvt. Ltd.
- Rail Udyog
- Royal Infraconstru Limited
- Shanghai Suyu Railway Material Co.,Ltd.
- Surya Alloy Industries Ltd
- Suthang Industrial Corporation
- Taicang Zhongbo Railway Fastening Co. Ltd.
- Unipart Rail Limited
- Vinayak Rail track (india) private limited
- Xinxiang Luda Machinery Manufacturing Co. Ltd.
Global Railway Fish Plate And Fish Bolt Market Highlights
FAQs
Railway fish plate and fish bolt market accounted for US$ 4697.1 million in 2020 and is estimated to be US$ 6022.4 million by 2029 and is anticipated to register a CAGR of 2.8%.
Railway fish plate and fish bolt market are segmented based on joint type, rail type, and region.
The Railway Fish Plate and Fish Bolt Market are witnessing trends such as the adoption of advanced materials for improved durability, the use of innovative manufacturing processes, and a focus on precision engineering for enhanced rail connectivity.
Key factors driving the Railway Fish Plate and Fish Bolt Market include the expansion and development of railway networks, the need for reliable and durable rail connections, and ongoing railway maintenance and upgrade projects.
Asia-Pacific is expected to dominate the Railway Fish Plate and Fish Bolt Market, driven by extensive railway infrastructure development in countries like China and India, as well as ongoing investments in rail connectivity and modernization across the region.
The prominent player operating in the railway fish plate and fish bolt market includes AGICO Group, Chandra Industrial Works, Henry Williams Limited, Jekay International Track Pvt. Ltd., Koppers Holdings, Inc., L.B. Foster Company, Linzhou Changda Railway Materials Co. Ltd., N. Mohanlal Railtrack Pvt. Ltd., Rail Udyog, Royal Infraconstru Limited, Shanghai Suyu Railway Material Co.,Ltd., Surya Alloy Industries Ltd, Suthang Industrial Corporation, Taicang Zhongbo Railway Fastening Co. Ltd., Unipart Rail Limited, Vinayak Rail track (india) private limited, Xinxiang Luda Machinery Manufacturing Co. Ltd. and many many other players.