Railway Braking System Market Scope And Analysis

  • Report Code : TIPRE00013125
  • Category : Automotive and Transportation
  • No. of Pages : 150
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Railway Braking System Market Scope, Growth, Size and Share by 2031

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Railway Braking System Market Report Railway Braking System Market Size and Share Railway Braking System Market Scope and Analysis

Railway Braking System Market Report Scope

Report Attribute Details
Market size in 2023 US$ 8.7 Billion
Market Size by 2031 US$ 11.3 Billion
Global CAGR (2023 - 2031) 3.3%
Historical Data 2021-2022
Forecast period 2023-2031
Segments Covered By Type
  • Pneumatic Brake
  • Electrodynamic Brake
  • Mechanical brake
  • Electromagnetic Brake
By Train Type
  • Metros
  • Monorail
  • High-speed Train
  • Light Rail/Trams
  • Freight Train
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • DAKO CZ
  • Akebono Brake Industry Co Ltd
  • Amsted Rail
  • Knorr Bremse AG
  • Nabtesco Corporation
  • Sabre Rail Services Ltd
  • Wabtec Corporation
  • Alstom SA
  • ABB Ltd
  • Frimatrail Frenoplast SA
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    Railway Braking System Market News and Recent Developments

    The railway braking system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for railway braking systems market and strategies:

    • In January 2024, Wabtec Corporation ordered a US$ 157 million brake system from Siemens India Private Limited. Through this supply agreement, Siemens Limited will provide brake systems with improved operating performance, efficiency, and safety for the new line of 1,200 electric locomotives.
    • In October 2023, Siemens Mobility launched a new air-free brake system. This new brake system enables full electric control of the friction brake in rail vehicles and strengthens the product portfolio of the company.

    Railway Braking System Market Report Coverage and Deliverables

    The “Railway Braking System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, & country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed Porter’s Five Forces analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles with SWOT analysis