Home > Automotive > Railways > Rail Parts > Railway Aftermarket

Market Share

  • Report ID: GMI4511
  • Published Date: Sep 2021
  • Report Format: PDF
 Download Free Sample

Railway AfterMarket Share

Some of the major railway aftermarket participants include

  • Siemens Mobility
  • CRRC Corporation Limited
  • ZF Friedrichshafen
  • Bombardier Transportation
  • ABB Ltd.
  • Caterpillar Inc.
  • Harsco Rai
  • Alstom
     

Prominent companies are delivering innovative solutions for better monitoring of railway subsystems. For instance, Bombardier introduced OPTIFLO, which comprises a wide portfolio of control service solutions designed to encounter the challenges confronted by railway infrastructure operators and owners. The initiative is poised to help the company to expand its existential product portfolio and further improve the business performance in terms of revenue.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The railway aftermarket size crossed USD 78 billion in 2020 and will expand at a CAGR of 4.6% between 2021 and 2027.

Traction & propulsion systems will record over 20% of the industry revenue through 2027 owing to their upgradation and modernization for curbing the levels of emission.

The share of rail infrastructure is expected to be around USD 19.5 billion by 2027 driven by surging preference for the improvement of track quality and ensuring safety via mechanized practices.

The Asia Pacific is estimated to register around 40% of the market revenue through 2027 propelled by the rising efforts of railway operators for the alleviation of overall downtime.

Railway Aftermarket Scope

  • Railway Aftermarket Size
  • Railway Aftermarket Analysis
  • Railway Aftermarket Share

    • Buy Now

    Premium Report Details

    • Base Year: 2020
    • Companies covered: 17
    • Tables & Figures: 169
    • Countries covered: 22
    • Pages: 150
     Download Free Sample
    ×
    Get a free sample of Railway Aftermarket
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.