Report Code: A12752 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
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The bogie or train's bogie is an integral part of all the trains (locomotives, freight wagons, subways, etc.). It is a frame placed under the train to which the wheels of railway vehicles are attached. The train bogie has a suspension system and an independent braking system to maintain the flexibility and comfort of the train at each stage of transport. It is also responsible for maintaining the quality of the train, using the wheels to guide along the track, and play a good buffering effect during the train's operation. Apart from this, it is used to stop rail vehicles and prevent them from passing through the physical part of the track. It is designed according to the structure of the train and its engine, providing a cost-effective solution for transportation. Train bogies can be driven mechanically with train motors or with electric motors.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2030 |
Base year considered | 2020 |
Forecast period | 2021–2030 |
Forecast units | Value (USD) |
Segments covered | Type, Application and Region |
Regions covered | North America (U.S., Canada and Mexico), Europe (Germany, U.K, France, Russia and rest of Europe), Asia-Pacific (China, Japan, India, South Korea and rest of Asia-Pacific), LAMEA (Latin America, Middle East and Africa) |
Companies covered | CRRC Sifang Co., Ltd., Amsted Rail, Tatravagónka, Siemens AG, Kawasaki, Alstom, Bombardier, NSSMC, WBN Waggonbau Niesky GmbH, Titagarh Group, Jiangsu Railteco Equipment Co., Ltd., Ganz Moto, PROMEC srl |
COVID-19 Impact analysis
The outbreak of the Coronavirus Disease (COVID19) has imposed huge restrictions on the railway parts market in 2020, as trade restrictions have disrupted the supply chain, and the government's global blockade has led to a decline in consumption. However, the market is expected to resume growth after the lockdown, as the government will launch many new projects to maintain social distancing, as people will pay more attention to the safety and clean air of bogies after the pandemic. During the forecast period, these measures may promote the production of new bogies and required railway components.
Top Impacting Factors
Market Trends
Powered or Motorized Bogies
Due to the increasing adoption of electric bogie designs around the world, the bogie share of the rail components market is expected to occupy the largest market share during the forecast period. Therefore, many locomotives, multiple units, such as high-speed trains and public transport vehicles (such as suburban trains, subways, light rail vehicles, and trams) are equipped with motorized or powered bogies. A typical power train comprises a set of wheels, a gearbox, and a traction motor. More complex designs are equipped with hollow shafts and couplings to reduce unsprung mass. The longitudinal propulsion (drive) system consists of a helical gearbox and a Cardan shaft. The hydraulic diesel propulsion system mainly includes a gearbox and a Cardan shaft, which connects the two bogies to the main gearbox, and the hydraulic gearbox system is connected to the diesel engine. The rail bogie has received investment in research and development in recent years. In the future, the company will be committed to creating safe and efficient bogie designs for locomotives and embedding digital devices based on Internet of Things (IoT) principles. These collaborative innovations have created opportunities for further improvement in the field of bogie rail components worldwide.
Key segments covered:
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Key benefits of the report:
Questions answered in the rail vehicle bogies market research report:
Rail Vehicle Bogie Market Report Highlights
Aspects | Details |
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Key Market Players | Siemens AG, Tatravagónka, Amsted Rail, Kawasaki, NSSMC, Titagarh Group, Bombardier, CRRC Sifang Co. Ltd., Alstom, WBN Waggonbau Niesky GmbH |
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