Global Train Brake Market is expected to reach US$ 10.83 Bn by 2029, at a CAGR of 3.4% during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. 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.Train Brake Definition:
Train brake helps the train to decelerate and control the speed of the train through mechanical operation, which helps to slow down the speed of the train. Train brakes stop the train at a fixed point, maintain a slow speed, and enables emergency braking whenever required. Train brakes also help to controls the speed of the train at optimal.To know about the Research Methodology :- Request Free Sample Report
Train Brake Market Dynamics:
The increasing need for urban connectivity increased integration of IoT-based solutions, and a higher emphasis on reducing emissions are some of the reasons for the development of more railway trains. The increasing population have increased the demand for transportation and growing interest in travelling, especially in metros, high-speed trains and fast-moving trains, which is expected to boost the growth of the Global Train Brake. Also, technological advancements in rail vehicles, bullet trains and other fast-moving trains require an effective braking system to control the speed of trains. The increased need for rail infrastructure is also driving the adoption of Train Brakes. The increased need to improve the driving efficiency for train drivers and good travelling conditions need the efficiency of the braking system, which is expected to create opportunity for the Global Train Brake Market. Train Brake helps in the reduction of the number of train-related accidents. Increasing investment in the transport industry and economic conditions is increasing the growth of the Global Train Brake Market. The increasing demand for rails for long-distance transportation have increased the demand for train brakes. Stringent regulations by the government for brake frame production for the safety of the rail is one of the factors expected to propel the growth of the Global Train Brake Market. The intricate design of braking system and demand for intelligent braking systems in trains is expected to act as a restraint to the growth of the Global Train Brake Market.Train Brake Market Segment Analysis:
The report groups the Global Train Brake Market in different segments by Train type, Brake Type and region to forecast the revenues and analyze the market share of each segment over the forecast period. Based on the Component, the Global Train Brake Market is segmented into Pneumatic Brake, Electrodynamic Brake, Mechanical Brake and Electromagnetic Brake. The Pneumatic Brake segment was dominant in 2022 and is expected to command a market share of xx% by 2029. Pneumatic brakes are mostly designed for metros or subways. In Pneumatic brake compressed air is used as an operating force to thrust blocks onto the train wheels or pads and stop the train. Based on train type, the global market is segmented into the long-distance train, suburban train, metros, monorail, and high-speed train. The Suburban train segment was dominant in 2022 and is expected to command a market share of xx% by 2029. Because of the higher number of trains operating in suburban and urban areas the demand for train brakes is more in the segment. The long-distance train segment is also expected to increase because of the rapid increase in the demand for improved connectivity by the economies.Train Brake Market Regional Insights:
The Asia Pacific is expected to command the largest market share of xx% by 2029 The developing economies in APAC, like India and China in the Asia Pacific accounted for 28 % of the total railway network of the world because of the government investment for the up-gradation of the locomotive facilities, which has boosted the growth of the Train Brake market in the region. Increasing development of the megacities in the region such as four of the world's megacities are in china and the merging of various more cities have increased the rail network. The objective of the report is to present a comprehensive analysis of the Global Train Brake Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and projects the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Train Brake Market make the report investor’s guide.Train Brake Market Scope: Inquire before buying
Train Brake Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 8.57 Bn. Forecast Period 2023 to 2029 CAGR: 3.4% Market Size in 2029: US $ 10.83 Bn. Segments Covered: by Brake Type Pneumatic Brake Electrodynamic Brake Mechanical Brake Electromagnetic Brake by Train Type Metros Monorail High-Speed Train Light Rail/Trams Freight Train Train Brake Market Key Players
1. ABB Ltd. 2. Akebono Brake Industry Co., Ltd 3. Alstom SA 4. Amsted Rail 5. DAKO-CZ 6. Frimatrail Frenoplast S.A 7. Knorr-Bremse AG 8. Nabtesco Corporation 9. Sabre Rail Services Ltd. 10. Wabtec Corporation 11. CRRC Corporation Limited 12. Alstom 13. Wabtec Corporation 14. Simplex Engineering & Foundry Works Pvt. Ltd. 15. Fundiciones Del Estanda 16. Knorr-Bremse AG 17. Rane Holdings Limited 18. Caterpillar 19. Miner Enterprises Inc. 20. L.B. Foster 21. AKEBONO BRAKE INDUSTRY CO., LTD. 22. Japan Brake Industrial Co., Ltd. Frequently Asked Questions: 1. Which region has the largest share in Global TRAIN BRAKE Market? Ans: Asia-Pacific region holds the highest share in 2022. 2. What is the growth rate of Global TRAIN BRAKE Market? Ans: The Global TRAIN BRAKE Market is growing at a CAGR of 3.4 % during forecasting period 2023-2029. 3. What segments are covered in Global TRAIN BRAKE market? Ans: Global TRAIN BRAKE Market is segmented into Brake Type, Train Type and Region. 4. Who are the key players in Global TRAIN BRAKE market? Ans: The important key players in the Global TRAIN BRAKE Market are ABB Ltd.,Akebono Brake Industry Co., Ltd,Alstom SA,Amsted Rail,DAKO-CZ,Frimatrail Frenoplast S.A,Knorr-Bremse AG,Nabtesco Corporation,Sabre Rail Services Ltd.,Wabtec Corporation,CRRC Corporation Limited 5. What is the study period of this market? Ans: The Global TRAIN BRAKE Market is studied from 2022 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 Train Brake Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 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 Train Brake Market 3.4. Geographical Snapshot of the Train Brake Market, By Manufacturer share 4. Global Train Brake Market Overview, 2022-2029 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 Train Brake Market 5. Supply Side and Demand Side Indicators 6. Global Train Brake Market Analysis and Forecast, 2022-2029 6.1. Global Train Brake Market Size & Y-o-Y Growth Analysis. 7. Global Train Brake Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 7.1.1. Pneumatic Brake 7.1.2. Electrodynamic Brake 7.1.3. Mechanical Brake 7.1.4. Electromagnetic Brake 7.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 7.2.1. Metros 7.2.2. Monorail 7.2.3. High-Speed Train 7.2.4. Light Rail/Trams 7.2.5. Freight Train 8. Global Train Brake Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 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 Train Brake Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 9.1.1. Pneumatic Brake 9.1.2. Electrodynamic Brake 9.1.3. Mechanical Brake 9.1.4. Electromagnetic Brake 9.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 9.2.1. Metros 9.2.2. Monorail 9.2.3. High-Speed Train 9.2.4. Light Rail/Trams 9.2.5. Freight Train 10. North America Train Brake Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Train Brake Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 12. Canada Train Brake Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 13. Mexico Train Brake Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 14. Europe Train Brake Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 15. Europe Train Brake Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 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. Train Brake Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 17. France Train Brake Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 18. Germany Train Brake Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 19. Italy Train Brake Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 20. Spain Train Brake Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 21. Sweden Train Brake Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 22. CIS Countries Train Brake Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 23. Rest of Europe Train Brake Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 24. Asia Pacific Train Brake Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 25. Asia Pacific Train Brake Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 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 Train Brake Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 27. India Train Brake Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 28. Japan Train Brake Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 29. South Korea Train Brake Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 30. Australia Train Brake Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 31. ASEAN Train Brake Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 32. Rest of Asia Pacific Train Brake Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 33. Middle East Africa Train Brake Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 34. Middle East Africa Train Brake Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 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 Train Brake Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 36. GCC Countries Train Brake Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 37. Egypt Train Brake Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 38. Nigeria Train Brake Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 39. Rest of ME&A Train Brake Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 40. South America Train Brake Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 41. South America Train Brake Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Train Brake Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 43. Argentina Train Brake Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 44. Rest of South America Train Brake Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Brake Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Train Type, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Train Brake 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 Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. ABB Ltd. 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 45.3.2. ABB Ltd. 45.3.3. Akebono Brake Industry Co., Ltd 45.3.4. Alstom SA 45.3.5. Amsted Rail 45.3.6. DAKO-CZ 45.3.7. Frimatrail Frenoplast S.A 45.3.8. Knorr-Bremse AG 45.3.9. Nabtesco Corporation 45.3.10. Sabre Rail Services Ltd. 45.3.11. Wabtec Corporation 45.3.12. CRRC Corporation Limited 45.3.13. Alstom 45.3.14. Wabtec Corporation 45.3.15. Simplex Engineering & Foundry Works Pvt. Ltd. 45.3.16. Fundiciones Del Estanda 45.3.17. Knorr-Bremse AG 45.3.18. Rane Holdings Limited 45.3.19. Caterpillar 45.3.20. Miner Enterprises Inc. 45.3.21. L.B. Foster 45.3.22. AKEBONO BRAKE INDUSTRY CO., LTD. 45.3.23. Japan Brake Industrial Co., Ltd. 46. Primary Key Insights