Industry: Machinery & Equipment
Published Date: 2025-01-16
Pages: 122 Pages
Report ld: 3515593
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Forged and Rolled Rail Wheel Market Size(US$)

CAGR 2025-2031
3.9%
Market Size,2031
USD 278
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Forged and Rolled Rail Wheel was estimated to be worth US$ 213 million in 2024 and is forecast to a readjusted size of US$ 278 million by 2031 with a CAGR of 3.9% during the forecast period 2025-2031.
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.
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
This report aims to provide a comprehensive presentation of the global market for Forged and Rolled Rail Wheel, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Forged and Rolled Rail Wheel by region & country, by Type, and by Application.
The Forged and Rolled Rail 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 Forged and Rolled Rail Wheel.
MARKET SEGMENTATION
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 Forged and Rolled Rail 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 Forged and Rolled Rail 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 Forged and Rolled Rail 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.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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TABLE OF CONTENTS
1 Market Overview
1.1 Forged and Rolled Rail Wheel Product Introduction
1.2 Global Forged and Rolled Rail Wheel Market Size Forecast
1.2.1 Global Forged and Rolled Rail Wheel Sales Value (2020-2031)
1.2.2 Global Forged and Rolled Rail Wheel Sales Volume (2020-2031)
1.2.3 Global Forged and Rolled Rail Wheel Sales Price (2020-2031)
1.3 Forged and Rolled Rail Wheel Market Trends & Drivers
1.3.1 Forged and Rolled Rail Wheel Industry Trends
1.3.2 Forged and Rolled Rail Wheel Market Drivers & Opportunity
1.3.3 Forged and Rolled Rail Wheel Market Challenges
1.3.4 Forged and Rolled Rail Wheel Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Forged and Rolled Rail Wheel Players Revenue Ranking (2024)
2.2 Global Forged and Rolled Rail Wheel Revenue by Company (2020-2025)
2.3 Global Forged and Rolled Rail Wheel Players Sales Volume Ranking (2024)
2.4 Global Forged and Rolled Rail Wheel Sales Volume by Company Players (2020-2025)
2.5 Global Forged and Rolled Rail Wheel Average Price by Company (2020-2025)
2.6 Key Manufacturers Forged and Rolled Rail Wheel Manufacturing Base and Headquarters
2.7 Key Manufacturers Forged and Rolled Rail Wheel Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Forged and Rolled Rail Wheel
2.9 Forged and Rolled Rail Wheel Market Competitive Analysis
2.9.1 Forged and Rolled Rail Wheel Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Forged and Rolled Rail 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 Forged and Rolled Rail Wheel as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 High Speed Wheel
3.1.2 Freight Wagons Wheel
3.1.3 Passenger Wagons Wheel
3.1.4 Locomotive Wheel
3.2 Global Forged and Rolled Rail Wheel Sales Value by Type
3.2.1 Global Forged and Rolled Rail Wheel Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Forged and Rolled Rail Wheel Sales Value, by Type (2020-2031)
3.2.3 Global Forged and Rolled Rail Wheel Sales Value, by Type (%) (2020-2031)
3.3 Global Forged and Rolled Rail Wheel Sales Volume by Type
3.3.1 Global Forged and Rolled Rail Wheel Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Forged and Rolled Rail Wheel Sales Volume, by Type (2020-2031)
3.3.3 Global Forged and Rolled Rail Wheel Sales Volume, by Type (%) (2020-2031)
3.4 Global Forged and Rolled Rail Wheel Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 OE Market
4.1.2 AM Market
4.2 Global Forged and Rolled Rail Wheel Sales Value by Application
4.2.1 Global Forged and Rolled Rail Wheel Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Forged and Rolled Rail Wheel Sales Value, by Application (2020-2031)
4.2.3 Global Forged and Rolled Rail Wheel Sales Value, by Application (%) (2020-2031)
4.3 Global Forged and Rolled Rail Wheel Sales Volume by Application
4.3.1 Global Forged and Rolled Rail Wheel Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Forged and Rolled Rail Wheel Sales Volume, by Application (2020-2031)
4.3.3 Global Forged and Rolled Rail Wheel Sales Volume, by Application (%) (2020-2031)
4.4 Global Forged and Rolled Rail Wheel Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Forged and Rolled Rail Wheel Sales Value by Region
5.1.1 Global Forged and Rolled Rail Wheel Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Forged and Rolled Rail Wheel Sales Value by Region (2020-2025)
5.1.3 Global Forged and Rolled Rail Wheel Sales Value by Region (2026-2031)
5.1.4 Global Forged and Rolled Rail Wheel Sales Value by Region (%), (2020-2031)
5.2 Global Forged and Rolled Rail Wheel Sales Volume by Region
5.2.1 Global Forged and Rolled Rail Wheel Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Forged and Rolled Rail Wheel Sales Volume by Region (2020-2025)
5.2.3 Global Forged and Rolled Rail Wheel Sales Volume by Region (2026-2031)
5.2.4 Global Forged and Rolled Rail Wheel Sales Volume by Region (%), (2020-2031)
5.3 Global Forged and Rolled Rail Wheel Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Forged and Rolled Rail Wheel Sales Value, 2020-2031
5.4.2 North America Forged and Rolled Rail Wheel Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Forged and Rolled Rail Wheel Sales Value, 2020-2031
5.5.2 Europe Forged and Rolled Rail Wheel Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Forged and Rolled Rail Wheel Sales Value, 2020-2031
5.6.2 Asia Pacific Forged and Rolled Rail Wheel Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Forged and Rolled Rail Wheel Sales Value, 2020-2031
5.7.2 South America Forged and Rolled Rail Wheel Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Forged and Rolled Rail Wheel Sales Value, 2020-2031
5.8.2 Middle East & Africa Forged and Rolled Rail Wheel Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Forged and Rolled Rail Wheel Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Forged and Rolled Rail Wheel Sales Value
6.2.1 Key Countries/Regions Forged and Rolled Rail Wheel Sales Value, 2020-2031
6.2.2 Key Countries/Regions Forged and Rolled Rail Wheel Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Forged and Rolled Rail Wheel Sales Value, 2020-2031
6.3.2 United States Forged and Rolled Rail Wheel Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Forged and Rolled Rail Wheel Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Forged and Rolled Rail Wheel Sales Value, 2020-2031
6.4.2 Europe Forged and Rolled Rail Wheel Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Forged and Rolled Rail Wheel Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Forged and Rolled Rail Wheel Sales Value, 2020-2031
6.5.2 China Forged and Rolled Rail Wheel Sales Value by Type (%), 2024 VS 2031
6.5.3 China Forged and Rolled Rail Wheel Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Forged and Rolled Rail Wheel Sales Value, 2020-2031
6.6.2 Japan Forged and Rolled Rail Wheel Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Forged and Rolled Rail Wheel Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Forged and Rolled Rail Wheel Sales Value, 2020-2031
6.7.2 South Korea Forged and Rolled Rail Wheel Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Forged and Rolled Rail Wheel Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Forged and Rolled Rail Wheel Sales Value, 2020-2031
6.8.2 Southeast Asia Forged and Rolled Rail Wheel Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Forged and Rolled Rail Wheel Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Forged and Rolled Rail Wheel Sales Value, 2020-2031
6.9.2 India Forged and Rolled Rail Wheel Sales Value by Type (%), 2024 VS 2031
6.9.3 India Forged and Rolled Rail Wheel Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Interpipe
7.1.1 Interpipe Company Information
7.1.2 Interpipe Introduction and Business Overview
7.1.3 Interpipe Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Interpipe Forged and Rolled Rail Wheel Product Offerings
7.1.5 Interpipe Recent Development
7.2 Nippon Steel corporation
7.2.1 Nippon Steel corporation Company Information
7.2.2 Nippon Steel corporation Introduction and Business Overview
7.2.3 Nippon Steel corporation Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Nippon Steel corporation Forged and Rolled Rail Wheel Product Offerings
7.2.5 Nippon Steel corporation Recent Development
7.3 Masteel Group
7.3.1 Masteel Group Company Information
7.3.2 Masteel Group Introduction and Business Overview
7.3.3 Masteel Group Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Masteel Group Forged and Rolled Rail Wheel Product Offerings
7.3.5 Masteel Group Recent Development
7.4 ZHIQI RAILWAY EQUIPMENT
7.4.1 ZHIQI RAILWAY EQUIPMENT Company Information
7.4.2 ZHIQI RAILWAY EQUIPMENT Introduction and Business Overview
7.4.3 ZHIQI RAILWAY EQUIPMENT Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 ZHIQI RAILWAY EQUIPMENT Forged and Rolled Rail Wheel Product Offerings
7.4.5 ZHIQI RAILWAY EQUIPMENT Recent Development
7.5 Standard Steel
7.5.1 Standard Steel Company Information
7.5.2 Standard Steel Introduction and Business Overview
7.5.3 Standard Steel Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Standard Steel Forged and Rolled Rail Wheel Product Offerings
7.5.5 Standard Steel Recent Development
7.6 OMK Steel
7.6.1 OMK Steel Company Information
7.6.2 OMK Steel Introduction and Business Overview
7.6.3 OMK Steel Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 OMK Steel Forged and Rolled Rail Wheel Product Offerings
7.6.5 OMK Steel Recent Development
7.7 Amsted Rail
7.7.1 Amsted Rail Company Information
7.7.2 Amsted Rail Introduction and Business Overview
7.7.3 Amsted Rail Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Amsted Rail Forged and Rolled Rail Wheel Product Offerings
7.7.5 Amsted Rail Recent Development
7.8 Taiyuan Heavy Industry
7.8.1 Taiyuan Heavy Industry Company Information
7.8.2 Taiyuan Heavy Industry Introduction and Business Overview
7.8.3 Taiyuan Heavy Industry Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Taiyuan Heavy Industry Forged and Rolled Rail Wheel Product Offerings
7.8.5 Taiyuan Heavy Industry Recent Development
7.9 Bochumer Verein Verkehrstechnik (BVV)
7.9.1 Bochumer Verein Verkehrstechnik (BVV) Company Information
7.9.2 Bochumer Verein Verkehrstechnik (BVV) Introduction and Business Overview
7.9.3 Bochumer Verein Verkehrstechnik (BVV) Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Bochumer Verein Verkehrstechnik (BVV) Forged and Rolled Rail Wheel Product Offerings
7.9.5 Bochumer Verein Verkehrstechnik (BVV) Recent Development
7.10 Lucchini RS
7.10.1 Lucchini RS Company Information
7.10.2 Lucchini RS Introduction and Business Overview
7.10.3 Lucchini RS Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Lucchini RS Forged and Rolled Rail Wheel Product Offerings
7.10.5 Lucchini RS Recent Development
7.11 Datong ABC Castings Company Limited (DACC)
7.11.1 Datong ABC Castings Company Limited (DACC) Company Information
7.11.2 Datong ABC Castings Company Limited (DACC) Introduction and Business Overview
7.11.3 Datong ABC Castings Company Limited (DACC) Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Datong ABC Castings Company Limited (DACC) Forged and Rolled Rail Wheel Product Offerings
7.11.5 Datong ABC Castings Company Limited (DACC) Recent Development
7.12 Xinyang Amsted Tonghe Wheels
7.12.1 Xinyang Amsted Tonghe Wheels Company Information
7.12.2 Xinyang Amsted Tonghe Wheels Introduction and Business Overview
7.12.3 Xinyang Amsted Tonghe Wheels Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Xinyang Amsted Tonghe Wheels Forged and Rolled Rail Wheel Product Offerings
7.12.5 Xinyang Amsted Tonghe Wheels Recent Development
7.13 CAF
7.13.1 CAF Company Information
7.13.2 CAF Introduction and Business Overview
7.13.3 CAF Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 CAF Forged and Rolled Rail Wheel Product Offerings
7.13.5 CAF Recent Development
7.14 MWL
7.14.1 MWL Company Information
7.14.2 MWL Introduction and Business Overview
7.14.3 MWL Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 MWL Forged and Rolled Rail Wheel Product Offerings
7.14.5 MWL Recent Development
7.15 Comsteel
7.15.1 Comsteel Company Information
7.15.2 Comsteel Introduction and Business Overview
7.15.3 Comsteel Forged and Rolled Rail Wheel Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Comsteel Forged and Rolled Rail Wheel Product Offerings
7.15.5 Comsteel Recent Development
8 Industry Chain Analysis
8.1 Forged and Rolled Rail Wheel Industrial Chain
8.2 Forged and Rolled Rail 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 Forged and Rolled Rail Wheel Sales Model
8.5.2 Sales Channel
8.5.3 Forged and Rolled Rail 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
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
MARKET SEGMENTATION
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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