Railway Sleepers Market is anticipated to reach US$ 103.67 Bn by 2029 from US$ 52.80 Bn in 2021 at a CAGR of 8.8% during a forecast period.Railway Sleepers Market Overview
Railway sleepers are the rectangular-shaped components of railroads that are usually made of wood or concrete. The railway sleepers are an important part of the railroad assembly because they evenly distribute the load over the railway lines. The railway sleepers provide a robust form to the track and ensure that the railway bogie and locomotive remain upright. Asia-Pacific and Europe hold a larger sales share of the market in 2021, accounting for 74.05 percent of total sales, and are expected to grow steadily over the forecast period.To know about the Research Methodology :- Request Free Sample Report The report includes a comprehensive background analysis of the rail freight market, including an analysis of industry and economic sector contributions. The report has covered the market trends from 2017 to forecast the market through 2029. Where 2021 is considered a base year, however the numbers for 2021 are considered based on the actual output of the market's companies. The report contains an analysis of the impact of COVID-19 lockdown on the revenue of the market and its effect on the demand and supply of the market. Since the lockdown was implemented differently in various regions and countries, the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Railway Sleepers Market Dynamics
The rapid growth of metro lines in all countries, as well as the growing network of subways in European countries are expected to boost the market for railway sleepers. With all of the future metro developments and the growth of the subway network, the railway sleepers market is expected to flourish. Furthermore, the growing passenger traffic on trains in developing countries has prompted the governments of such countries to redesign and improve their current railway infrastructure. As a result, several governments worldwide are working to create metro networks to improve public transportation and regulate passenger flow. The above-mentioned factors are expected to drive the growth of the railway sleepers market during the forecast period. Similarly, due to growing applications in other end-use sectors such as civic infrastructure and mining, the railway sleepers market is expected to grow rapidly. The use of railway sleepers in private courtyards and public gardens are expected to increase the market's potential customer base.Railway Sleepers Market Restraints:
The growth in research for reducing the density of railway slippers on railway tracks may limit railway slipper sales. Also, a significant drop in sales due to the concrete railway slippers' longer service life is expected the hamper the market's growth.Railway Sleepers Market Segmentation Analysis
By Product Type, the Concrete railway sleepers segment dominated the market, with a market size of US$ xx Mn. in 2021 and expected to reach US$ xx Mn. by 2029, with a CAGR of xx% during the forecast period. Concrete railway sleepers are widely used because of their low cost and high strength. High-strength pre-stressed concrete slippers are expected to grow in demand because they can bear increasing impact weight and failure resistance. By End-use, the railway's sleepers segment dominated the market, with a market size of US$ xx Mn. in 2021 and expected to reach US$ xx Mn. by 2029, with a CAGR of xx% during the forecast period. Railway sleepers are used to provide strength to the entire rail assembly as well as support for the railroad facility. Railway sleepers are also required to maintain consistent gauge length across the entire track.Railway Sleepers Market Regional Insights
Asia-Pacific dominates the railway sleepers market due to the increasing number of railway tracks being created in emerging countries and the growing expansion of railway systems in this region. With continual government attempts to strengthen rail networks throughout the region, the South Asian railway sleepers market is expected to experience exceptional growth. In 2021, Asia-Pacific and Europe had the largest sales share of the market, accounting for 74.02 percent of total sales, and this trend is likely to continue over the forecast period. Within Europe, Germany is expected to grow at a 6.9% CAGR. China is expected to reach a market size of US$20 Billion by the year 2027 at a CAGR of 11.8% over the forecast period. Due to several gardens in the United States and the increasing train network in Canada, the Railway Sleepers market in North America is expected to grow. The Rail Sleepers market in the U.S. holds a market share of US$14.3 Billion in the year 2021. Japan and Canada are expected to grow at a CAGR of 6% and 7.5 percent, respectively, from 2021 to 2029. The rail sleeping market at MEA is expected to remain constant during the forecasting period due to fewer rail networks in Africa.Railway Sleepers Market Scope: Inquire before buying
Railway Sleepers Market Base Year 2021 Forecast Period 2022-2029 Historical Data CAGR Market Size in 2021 Market Size in 2029 2017 to 2021 8.8% US$ 52.80 Bn US$ 103.67 Bn Segments Covered by Product • Concrete railway sleepers • High strength pre-stressed concrete railway sleepers • Steel railway sleepers • Wood railway sleepers • Others by End-use • Railways • Landscape Decoration • Personal courtyards • Public Gardens • Mining Regions Covered North America • United States • Canada • Mexico Europe • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe Asia Pacific • China • S Korea • Japan • India • Australia • Indonesia • Malaysia • Vietnam • Taiwan • Bangladesh • Pakistan • Rest of APAC Middle East and Africa • South Africa • GCC • Egypt • Nigeria • Rest of ME&A South America • Brazil • Argentina • Rest of South America Railway Sleepers Market Key Players
• INFRASET • Kirchdorfer Group • Daya Engineering Works • UK Sleepers • Peter Feckl Maschinenbau GmbH • Patil Group • Kunming Railway Sleeper • Adelaide and Rural Salvage • Biatec Group • The Indian Hume Pipe • Juli Railway Track • AW Champion Timber • Schwihag • Shandong High Speed Rail Equipment Material • Hengchang Railroad Sleeper • Weihai Ruihe Railway Sleeper Frequently Asked Questions: 1. Which region has the largest share in Global Railway Sleepers Market? Ans: Asia Pacific region held the highest share in 2021. 2. What is the growth rate of Global Railway Sleepers Market? Ans: The Global Railway Sleepers Market is growing at a CAGR of 8.8% during forecasting period 2022-2029. 3. What is scope of the Global Railway Sleepers Market report? Ans: Global Railway Sleepers Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Railway Sleepers Market? Ans: The important key players in the Global Railway Sleepers Market are – INFRASET, Kirchdorfer Group, Daya Engineering Works, UK Sleepers, Peter Feckl Maschinenbau GmbH, Patil Group, Kunming Railway Sleeper, Adelaide and Rural Salvage, Biatec Group, The Indian Hume Pipe, Juli Railway Track, AW Champion Timber, Schwihag, Shandong High Speed Rail Equipment Material, Hengchang Railroad Sleeper, and Weihai Ruihe Railway Sleeper 5. What is the study period of this Market? Ans: The Global Railway Sleepers Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Railway Sleepers Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Railway Sleepers Market 3.4. Geographical Snapshot of the Railway Sleepers Market, By Manufacturer share 4. Global Railway Sleepers Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Railway Sleepers Market 5. Supply Side and Demand Side Indicators 6. Global Railway Sleepers Market Analysis and Forecast, 2021-2029 6.1. Global Railway Sleepers Market Size & Y-o-Y Growth Analysis. 7. Global Railway Sleepers Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 7.1.1. Concrete railway sleepers 7.1.2. High strength pre-stressed concrete railway sleepers 7.1.3. Steel railway sleepers 7.1.4. Wood railway sleepers 7.1.5. Others 7.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 7.2.1. Railways 7.2.2. Landscape Decoration 7.2.3. Personal courtyards 7.2.4. Public Gardens 7.2.5. Mining 8. Global Railway Sleepers Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Railway Sleepers Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 9.1.1. Concrete railway sleepers 9.1.2. High strength pre-stressed concrete railway sleepers 9.1.3. Steel railway sleepers 9.1.4. Wood railway sleepers 9.1.5. Others 9.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 9.2.1. Railways 9.2.2. Landscape Decoration 9.2.3. Personal courtyards 9.2.4. Public Gardens 9.2.5. Mining 10. North America Railway Sleepers Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Railway Sleepers Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 11.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 12. Canada Railway Sleepers Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 12.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 13. Mexico Railway Sleepers Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 13.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 14. Europe Railway Sleepers Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 14.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 15. Europe Railway Sleepers Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Railway Sleepers Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 16.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 17. France Railway Sleepers Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 17.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 18. Germany Railway Sleepers Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 18.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 19. Italy Railway Sleepers Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 19.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 20. Spain Railway Sleepers Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 20.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 21. Sweden Railway Sleepers Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 21.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 22. CIS Countries Railway Sleepers Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 22.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 23. Rest of Europe Railway Sleepers Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 23.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 24. Asia Pacific Railway Sleepers Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 24.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 25. Asia Pacific Railway Sleepers Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Railway Sleepers Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 26.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 27. India Railway Sleepers Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 27.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 28. Japan Railway Sleepers Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 28.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 29. South Korea Railway Sleepers Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 29.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 30. Australia Railway Sleepers Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 30.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 31. ASEAN Railway Sleepers Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 31.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 32. Rest of Asia Pacific Railway Sleepers Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 32.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 33. Middle East Africa Railway Sleepers Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 33.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 34. Middle East Africa Railway Sleepers Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Railway Sleepers Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 35.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 36. GCC Countries Railway Sleepers Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 36.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 37. Egypt Railway Sleepers Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 37.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 38. Nigeria Railway Sleepers Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 38.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 39. Rest of ME&A Railway Sleepers Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 39.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 40. South America Railway Sleepers Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 40.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 41. South America Railway Sleepers Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Railway Sleepers Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 42.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 43. Argentina Railway Sleepers Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 43.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 44. Rest of South America Railway Sleepers Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Product Type , 2021-2029 44.2. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Railway Sleepers Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. UK Sleepers 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. INFRASET 45.5. Kirchdorfer Group 45.6. Daya Engineering Works 45.7. UK Sleepers 45.8. Peter Feckl Maschinenbau GmbH 45.9. Patil Group 45.10. Kunming Railway Sleeper 45.11. Adelaide and Rural Salvage 45.12. Biatec Group 45.13. The Indian Hume Pipe 45.14. Juli Railway Track 45.15. AW Champion Timber 45.16. Schwihag 45.17. Shandong High Speed Rail Equipment Material 45.18. Hengchang Railroad Sleeper 45.19. Weihai Ruihe Railway Sleeper 46. Primary Key Insights