A train wheel or rail wheel is a type of wheel specially designed for use on railway tracks. The wheel acts as a rolling component, typically pushed onto an axle and mounted directly on a railway carriage or locomotive, or indirectly on a bogie (in the UK), also called a truck (in North America). The powered wheels under the locomotive are called Driving Wheels. Wheels are initially cast or forged and then heat-treated to have a specific hardness.
According to the new market research report “Global Rail Wheel (Railway Wheel) Market Report 2023-2029”, published by QYResearch, the global Rail Wheel (Railway Wheel) market size is projected to reach USD 4.01 billion by 2029, at a CAGR of 2.7% during the forecast period.
- Global Rail Wheel (Railway Wheel) MarketSize(US$ Million), 2018-2029
Based on or includes research from QYResearch: Global Rail Wheel (Railway Wheel) Market Report 2023-2029.
- Global Rail Wheel (Railway Wheel) Top17 Players Rankingand Market Share（Based on data of 2021, Continually updated）
Based on or includes research from QYResearch: 2021 data information of Global Rail Wheel (Railway Wheel) Market Report 2023-2029.
The global key manufacturers of Rail Wheel (Railway Wheel) include Interpipe, NSSMC, OMK Steel, Masteel Group, ZHIQI RAILWAY EQUIPMENT, EVRAZ NTMK, Taiyuan Heavy Industry, Amsted Rail, Bochumer Verein Verkehrstechnik (BVV), GHH-Bonatrans, etc. In 2021, the global top five players had a share approximately 49.0% in terms of revenue.
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