Market Scope and Structure Analysis
A tamping machine is used in pressing or packing of track stabilizer under rail lines. This contributes to the toughness of tracks. These machines replace physical work done by labors. The introduction of the ballast tamper has made the task faster, accurate effective, and less labor-intensive. It is difficult to manually lift and adjust the heavy sleepers, , ballast tampers are used to check the geometry and tamp the sleepers in such situations. Manufacturers are focusing on advanced technology. These ballast tampers can also stabilize and measure post tamping track parameters. It also eliminates the need for separate stabilization machines , lowering the operational costs and reducing the track possession time.
COVID-19 Impact Analysis
- The COVID-19 pandemic has severely hampered the growth of the global ballast tampers market.
- The COVID-19 pandemic has affected the revenue of the ballast tampers market in the first quarter of 2021 and is expected to have a negative impact in the manufacturing industry throughout the year.
- The significant need for ballast tampers was observed earlier from huge manufacturing countries including the U.S., Germany, Italy, UK, and China, which are negatively affected by the spread of the coronavirus, resulting in decreased demand.
- Furthermore, the significant impact of the lockdown is currently unknown and the financial recovery of companies is dependent cash reserves. Manufacturer of ballast tampers can afford a full lockdown only for a few months, after which the players should focus on changing their investment plans. For example a number of market players have ceased their manufacturing for many weeks to reduce the expenses. Whereas few players also adopted employee lay-offs to sustain the COVID-19 health crisis.
Top Impacting Factors
Modern development, which is a significant factor that drives the interest for the vehicle and calculated industry, is one of the important factors driving the development of the global ballast tamper market. Packing machines were formerly only set up to lift tracks and pack counterbalance. In any case, modern machines are used to pack and coat tracks, as well as to align rails. This provides more comfort for passengers and cargo as well as reduces the mechanical strain applied on the rails when travelling by rail. Also, the combination of packing and coating in a single machine saves time and money, as just one machine needs to go over the track to execute both functions. The key restraint in this ballast tamper market is expected to be the tamping effect on track geometry degradation..
Market Trends
- Business expansion strategies aids in expanding the company’s regional reach and achieving significant market share for ballast tampers products. For example, Robel Bahnbaumaschinen GmbH, in September 2019 established a new strategic foothold in Shanghai for servicing the Chinese market. The Robel Railway Engineering Technology (Shanghai) Co., Ltd (RRET) is a subsidiary of Robel Holding GmbH, and William Lin has been appointed as the company’s new general manager. In China, RRET is anticipated to cover the entire Robel product portfolio in terms of sales and service In the global ballast tamper market, players used acquisition as a significant development strategy to increase their global footprint and update their product technologies.
Key Benefits of the Report
- This study presents the analytical depiction of the global ballast tampers along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global ballast tampers Market share.
- The current market is quantitatively analyzed to highlight growth scenario of the global ballast tampers market.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global ballast tampers market analysis based on competitive intensity and the competition that will take shape in coming years.
Ballast Tampers Market Report Highlights
| Aspects | Details |
 By Product Type |
|
 By Size |
|
 By End-user Industry |
|
 By Solution |
|
 By Region |
|
 Key Market Players | Strukton, RPM Group, Gemac Engineering Machinery Co. Ltd., MATISA MATERIEL INDUSTRIEL SA, Robel Bahnbaumaschinen GmbH, CRCC High-Tech Equipment Co., Ltd., Plasser & Theurer, The Sinara Group, Harsco Corporation, New Sorema Ferroviaria SpA |
Loading Table Of Content...
