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Elastic rail fastener is used to link the rail and tie (or other types of track basis) on the track, also known as the intermediate coupling member.
It includes spikes, pads under rail and elastic fastener clips.
Fasteners should be long-term, effectively maintaining a reliable link rail and sleepers, preventing relative movement of the rail sleepers, and can give full play to its performance under dynamic shock absorption cushioning effect, delaying the accumulation of residual deformation track.
Thus it requires sufficient strength, durability and some flexibility, but also simple structure, easy installation and removal.
According to our (Global Info Research) latest study, the global Elastic Rail Fastener market size was valued at USD 1362.9 million in 2022 and is forecast to a readjusted size of USD 1525.9 million by 2029 with a CAGR of 1.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Elastic Rail Fastener industry concentration is relatively high in United States. United States giant market is dominated by three companies, i.e. Pandrol, Vossloh and L.B. Foster. These three manufacturers occupies above 70% of the whole market volume, and they has more types of products.
This report is a detailed and comprehensive analysis for global Elastic Rail Fastener market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Elastic Rail Fastener market size and forecasts, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (USD/Set), 2018-2029
Global Elastic Rail Fastener market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (USD/Set), 2018-2029
Global Elastic Rail Fastener market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (USD/Set), 2018-2029
Global Elastic Rail Fastener market shares of main players, shipments in revenue ($ Million), sales quantity (K Sets), and ASP (USD/Set), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Elastic Rail Fastener
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Elastic Rail Fastener market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Pandrol, Vossloh Fastening Systems, L.B. Foster, Progress Rail Services Corporation and Lewis Bolt & Nut Co and etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Elastic Rail Fastener market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Concrete Pillow Fastener
- Buckle Plate Fastener
- Spring Fastener
Market segment by Application
- Conventional Rail
- High Speed
- Heavy-haul
- Urban Transport
Major players covered
- Pandrol
- Vossloh Fastening Systems
- L.B. Foster
- Progress Rail Services Corporation
- Lewis Bolt & Nut Co
- AGICO
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Elastic Rail Fastener product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Elastic Rail Fastener, with price, sales, revenue and global market share of Elastic Rail Fastener from 2018 to 2023.
Chapter 3, the Elastic Rail Fastener competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Elastic Rail Fastener breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Elastic Rail Fastener market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Elastic Rail Fastener.
Chapter 14 and 15, to describe Elastic Rail Fastener sales channel, distributors, customers, research findings and conclusion.