Railway Sleepers Market is anticipated to reach USD 112.79 Bn by 2030 from USD 62.49 Bn in 2023 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 2023 and expected to reach US$ xx Mn. by 2030, 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 2023 and expected to reach US$ xx Mn. by 2030, 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 2030. 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
Global Railway Sleepers Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 62.49 Bn. Forecast Period 2024 to 2030 CAGR: 8.8% Market Size in 2030: USD 112.79 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 Railway Sleepers Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Railway Sleepers Market, Key Players
1. INFRASET 2. Kirchdorfer Group 3. Daya Engineering Works 4. UK Sleepers 5. Peter Feckl Maschinenbau GmbH 6. Patil Group 7. Kunming Railway Sleeper 8.Adelaide and Rural Salvage 9. Biatec Group 10. The Indian Hume Pipe 11. Juli Railway Track 12. AW Champion Timber 13. Schwihag 14. Shandong High Speed Rail Equipment Material 15. Hengchang Railroad Sleeper 16. 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 2023. 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 2024-2030. 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 Market? Ans: The important key players in the Global 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 Market is studied from 2023 to 2030.
1. Railway Sleepers Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Railway Sleepers Market: Dynamics 2.1. Railway Sleepers Market Trends by Region 2.1.1. North America Railway Sleepers Market Trends 2.1.2. Europe Railway Sleepers Market Trends 2.1.3. Asia Pacific Railway Sleepers Market Trends 2.1.4. Middle East and Africa Railway Sleepers Market Trends 2.1.5. South America Railway Sleepers Market Trends 2.2. Railway Sleepers Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Railway Sleepers Market Drivers 2.2.1.2. North America Railway Sleepers Market Restraints 2.2.1.3. North America Railway Sleepers Market Opportunities 2.2.1.4. North America Railway Sleepers Market Challenges 2.2.2. Europe 2.2.2.1. Europe Railway Sleepers Market Drivers 2.2.2.2. Europe Railway Sleepers Market Restraints 2.2.2.3. Europe Railway Sleepers Market Opportunities 2.2.2.4. Europe Railway Sleepers Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Railway Sleepers Market Drivers 2.2.3.2. Asia Pacific Railway Sleepers Market Restraints 2.2.3.3. Asia Pacific Railway Sleepers Market Opportunities 2.2.3.4. Asia Pacific Railway Sleepers Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Railway Sleepers Market Drivers 2.2.4.2. Middle East and Africa Railway Sleepers Market Restraints 2.2.4.3. Middle East and Africa Railway Sleepers Market Opportunities 2.2.4.4. Middle East and Africa Railway Sleepers Market Challenges 2.2.5. South America 2.2.5.1. South America Railway Sleepers Market Drivers 2.2.5.2. South America Railway Sleepers Market Restraints 2.2.5.3. South America Railway Sleepers Market Opportunities 2.2.5.4. South America Railway Sleepers Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Railway Sleepers Industry 2.8. Analysis of Government Schemes and Initiatives For Railway Sleepers Industry 2.9. Railway Sleepers Market Trade Analysis 2.10. The Global Pandemic Impact on Railway Sleepers Market 3. Railway Sleepers Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Railway Sleepers Market Size and Forecast, by Product (2023-2030) 3.1.1. Concrete railway sleepers 3.1.2. High strength pre-stressed concrete railway sleepers 3.1.3. Steel railway sleepers 3.1.4. Wood railway sleepers 3.1.5. Others 3.2. Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 3.2.1. Railways 3.2.2. Landscape Decoration 3.2.3. Personal courtyards 3.2.4. Public Gardens 3.2.5. Mining 3.3. Railway Sleepers Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Railway Sleepers Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Railway Sleepers Market Size and Forecast, by Product (2023-2030) 4.1.1. Concrete railway sleepers 4.1.2. High strength pre-stressed concrete railway sleepers 4.1.3. Steel railway sleepers 4.1.4. Wood railway sleepers 4.1.5. Others 4.2. North America Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 4.2.1. Railways 4.2.2. Landscape Decoration 4.2.3. Personal courtyards 4.2.4. Public Gardens 4.2.5. Mining 4.3. North America Railway Sleepers Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Railway Sleepers Market Size and Forecast, by Product (2023-2030) 4.3.1.1.1. Concrete railway sleepers 4.3.1.1.2. High strength pre-stressed concrete railway sleepers 4.3.1.1.3. Steel railway sleepers 4.3.1.1.4. Wood railway sleepers 4.3.1.1.5. Others 4.3.1.2. United States Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 4.3.1.2.1. Railways 4.3.1.2.2. Landscape Decoration 4.3.1.2.3. Personal courtyards 4.3.1.2.4. Public Gardens 4.3.1.2.5. Mining 4.3.2. Canada 4.3.2.1. Canada Railway Sleepers Market Size and Forecast, by Product (2023-2030) 4.3.2.1.1. Concrete railway sleepers 4.3.2.1.2. High strength pre-stressed concrete railway sleepers 4.3.2.1.3. Steel railway sleepers 4.3.2.1.4. Wood railway sleepers 4.3.2.1.5. Others 4.3.2.2. Canada Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 4.3.2.2.1. Railways 4.3.2.2.2. Landscape Decoration 4.3.2.2.3. Personal courtyards 4.3.2.2.4. Public Gardens 4.3.2.2.5. Mining 4.3.3. Mexico 4.3.3.1. Mexico Railway Sleepers Market Size and Forecast, by Product (2023-2030) 4.3.3.1.1. Concrete railway sleepers 4.3.3.1.2. High strength pre-stressed concrete railway sleepers 4.3.3.1.3. Steel railway sleepers 4.3.3.1.4. Wood railway sleepers 4.3.3.1.5. Others 4.3.3.2. Mexico Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 4.3.3.2.1. Railways 4.3.3.2.2. Landscape Decoration 4.3.3.2.3. Personal courtyards 4.3.3.2.4. Public Gardens 4.3.3.2.5. Mining 5. Europe Railway Sleepers Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Railway Sleepers Market Size and Forecast, by Product (2023-2030) 5.2. Europe Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 5.3. Europe Railway Sleepers Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Railway Sleepers Market Size and Forecast, by Product (2023-2030) 5.3.1.2. United Kingdom Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 5.3.2. France 5.3.2.1. France Railway Sleepers Market Size and Forecast, by Product (2023-2030) 5.3.2.2. France Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 5.3.3. Germany 5.3.3.1. Germany Railway Sleepers Market Size and Forecast, by Product (2023-2030) 5.3.3.2. Germany Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 5.3.4. Italy 5.3.4.1. Italy Railway Sleepers Market Size and Forecast, by Product (2023-2030) 5.3.4.2. Italy Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 5.3.5. Spain 5.3.5.1. Spain Railway Sleepers Market Size and Forecast, by Product (2023-2030) 5.3.5.2. Spain Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 5.3.6. Sweden 5.3.6.1. Sweden Railway Sleepers Market Size and Forecast, by Product (2023-2030) 5.3.6.2. Sweden Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 5.3.7. Austria 5.3.7.1. Austria Railway Sleepers Market Size and Forecast, by Product (2023-2030) 5.3.7.2. Austria Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Railway Sleepers Market Size and Forecast, by Product (2023-2030) 5.3.8.2. Rest of Europe Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 6. Asia Pacific Railway Sleepers Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Railway Sleepers Market Size and Forecast, by Product (2023-2030) 6.2. Asia Pacific Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 6.3. Asia Pacific Railway Sleepers Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Railway Sleepers Market Size and Forecast, by Product (2023-2030) 6.3.1.2. China Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 6.3.2. S Korea 6.3.2.1. S Korea Railway Sleepers Market Size and Forecast, by Product (2023-2030) 6.3.2.2. S Korea Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 6.3.3. Japan 6.3.3.1. Japan Railway Sleepers Market Size and Forecast, by Product (2023-2030) 6.3.3.2. Japan Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 6.3.4. India 6.3.4.1. India Railway Sleepers Market Size and Forecast, by Product (2023-2030) 6.3.4.2. India Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 6.3.5. Australia 6.3.5.1. Australia Railway Sleepers Market Size and Forecast, by Product (2023-2030) 6.3.5.2. Australia Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 6.3.6. Indonesia 6.3.6.1. Indonesia Railway Sleepers Market Size and Forecast, by Product (2023-2030) 6.3.6.2. Indonesia Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 6.3.7. Malaysia 6.3.7.1. Malaysia Railway Sleepers Market Size and Forecast, by Product (2023-2030) 6.3.7.2. Malaysia Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 6.3.8. Vietnam 6.3.8.1. Vietnam Railway Sleepers Market Size and Forecast, by Product (2023-2030) 6.3.8.2. Vietnam Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 6.3.9. Taiwan 6.3.9.1. Taiwan Railway Sleepers Market Size and Forecast, by Product (2023-2030) 6.3.9.2. Taiwan Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Railway Sleepers Market Size and Forecast, by Product (2023-2030) 6.3.10.2. Rest of Asia Pacific Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 7. Middle East and Africa Railway Sleepers Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Railway Sleepers Market Size and Forecast, by Product (2023-2030) 7.2. Middle East and Africa Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 7.3. Middle East and Africa Railway Sleepers Market Size and Forecast, by Country (2023-2030) 7.3.1. South Africa 7.3.1.1. South Africa Railway Sleepers Market Size and Forecast, by Product (2023-2030) 7.3.1.2. South Africa Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 7.3.2. GCC 7.3.2.1. GCC Railway Sleepers Market Size and Forecast, by Product (2023-2030) 7.3.2.2. GCC Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 7.3.3. Nigeria 7.3.3.1. Nigeria Railway Sleepers Market Size and Forecast, by Product (2023-2030) 7.3.3.2. Nigeria Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Railway Sleepers Market Size and Forecast, by Product (2023-2030) 7.3.4.2. Rest of ME&A Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 8. South America Railway Sleepers Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Railway Sleepers Market Size and Forecast, by Product (2023-2030) 8.2. South America Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 8.3. South America Railway Sleepers Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Railway Sleepers Market Size and Forecast, by Product (2023-2030) 8.3.1.2. Brazil Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Railway Sleepers Market Size and Forecast, by Product (2023-2030) 8.3.2.2. Argentina Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Railway Sleepers Market Size and Forecast, by Product (2023-2030) 8.3.3.2. Rest Of South America Railway Sleepers Market Size and Forecast, by End Use (2023-2030) 9. Global Railway Sleepers Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2021) 9.3.5. Company Locations 9.4. Leading Railway Sleepers Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. INFRASET 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Kirchdorfer Group 10.3. Daya Engineering Works 10.4. UK Sleepers 10.5. Peter Feckl Maschinenbau GmbH 10.6. Patil Group 10.7. Kunming Railway Sleeper 10.8. Adelaide and Rural Salvage 10.9. Biatec Group 10.10. The Indian Hume Pipe 10.11. Juli Railway Track 10.12. AW Champion Timber 10.13. Schwihag 10.14. Shandong High Speed Rail Equipment Material 10.15. Hengchang Railroad Sleeper 10.16. Weihai Ruihe Railway Sleeper 11. Key Findings 12. Industry Recommendations 13. Railway Sleepers Market: Research Methodology 14. Terms and Glossary
