Report Code: A11522 | Pages: NA | ||
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Rail axles are one of the most important components in railway vehicles with regard to safety. Axles are used to transfer vertical load of vehicle body to wheels. These axles are connected to coach and each coach consists of two axles, one at the front end of coach and other at rear end of the coach. Axles help transfer driving force to wheels. Bearings are fitted through rail axle and then wheels are mounted on axle. Bearing is installed through track axles and then wheel is installed on axles. No fasteners are used in assembly of axles for fitting axles hydraulic press fitting technology is used, which does smooth fitting, using hydraulic pressure. Axles in the coach should also bear load of vehicle or any cargo.
COVID-19 scenario Analysis:
The outbreak of COVID-19 has resulted in flight cancellations, travel bans, and quarantines, which led to massive slowing of the rail market. Public transport in most cities was partly restricted during the first phase of lockdown, which impacted the global rail axle market. Import & export, trade restrictions, and closures of manufacturing industries has also affected the rail axle market. However, supply of oxygen tanks, transportation of vaccine, and essential medicine through railway has helped the sector to survive in the ongoing pandemic situation.
The rail axles market trends are as follows:
Railway network is expanding rapidly across the globe, owing to rapid urbanization and rise in income of the middle-class segment. For instance, In India, the ministry of railways and the ministry of urban development have joined to initiate the smart city mission. Moreover, governments of various countries are investing heavily to encourage introduction of large-scale public transportation infrastructure, such as bullet trains and high-speed trains to speed up public transportation. Thus, developing rail infrastructure drives growth of the rail axles market.
Key benefits of the report:
Questions answered in the rail axles market research report:
Rail Axles Market Report Highlights
Aspects | Details |
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By Axle Type |
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By End Use |
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By Sales Channel |
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By Product Type |
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By Region |
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Key Market Players | Simmons Machine Tool Corporation (NSH Group), Construcciones y Auxiliar de Ferrocarriles, United Metallurgical Company OMK CJSC, VELTRUP Technik Philippines, Inc., Maanshan Iron and Steel Company, S.A., Bombardier Inc., Bharat Forge Ltd., Nippon Steel & Sumitomo Metal Corporation, Kolowag, Amsted Rail Company, Inc. |
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