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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.
LPI (LP Information)' newest research report, the "Elastic Rail Fastener Industry Forecast" looks at past sales and reviews total world Elastic Rail Fastener sales in 2022, providing a comprehensive analysis by region and market sector of projected Elastic Rail Fastener sales for 2023 through 2029. With Elastic Rail Fastener sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Elastic Rail Fastener industry.
This Insight Report provides a comprehensive analysis of the global Elastic Rail Fastener landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Elastic Rail Fastener portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Elastic Rail Fastener market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Elastic Rail Fastener and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Elastic Rail Fastener.
The global Elastic Rail Fastener market size is projected to grow from US$ 1295.8 million in 2022 to US$ 1464.5 million in 2029; it is expected to grow at a CAGR of 1464.5 from 2023 to 2029.
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 presents a comprehensive overview, market shares, and growth opportunities of Elastic Rail Fastener market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Concrete Pillow Fastener
- Buckle Plate Fastener
- Spring Fastener
Segmentation by application
- Conventional Rail
- High Speed
- Heavy-haul
- Urban Transport
The below companies that are profiled
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Pandrol
- Vossloh Fastening Systems
- L.B. Foster
- Progress Rail Services Corporation
- Lewis Bolt & Nut Co
- AGICO
Key Questions Addressed in this Report
What is the 10-year outlook for the global Elastic Rail Fastener market?
What factors are driving Elastic Rail Fastener market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Elastic Rail Fastener market opportunities vary by end market size?
How does Elastic Rail Fastener break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?