Global Air Spring for Railroad Market Will Grow at a CAGR 7.4% and Reach USD 420 Million by 2023, from USD 270 Million in 2017
New Global Air Spring for Railroad Market 2023 Report Covers market forecast and top Companies like Continental, Bridgestone, TrelleborgVibracoustic, Sumitomo Electric, Toyo Tires and others.
Lewes, DE -- (SBWire) -- 11/20/2018 --Global Air Spring for Railroad market will register a 7.4% CAGR in terms of revenue, reach US$ 420 million by 2023, from US$ 270 million in 2017.
Part of the secondary suspension system, Air Spring for Railroad plays an important role in isolating the vibrations which naturally translate from the rail through the steel components of the undercarriage. High quality Air Spring for Railroad provides damping by controlling both vertical and lateral movement. This brings comfort and stability to the passenger and also helps to reduce noise.
Air Spring for Railroad is the inevitable trend of today's rail equipment development, form a complete set, especially on large passenger rail and urban rail. Traditional rail is generally uses the steel plate spring or oil and gas spring as damping elements, but with the current world rail industry towards high speed, high performance, comfortable, safe and reliable, convenient maintenance direction, steel plate and oil and gas has become more and more not adapt to the development of spring.
Over the next five years, Study projects that Air Spring for Railroad will register a 7.4% CAGR in terms of revenue, reach US$ 420 million by 2023, from US$ 270 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Continental
Bridgestone
TrelleborgVibracoustic
Sumitomo Electric
Toyo Tires
ITT Enidine
Aktas
GMT
Zhuzhou Times
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Rolling Lobe Air Spring
Convoluted Air Springs
Others
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Urban Rail
Passenger Rail
Others
Spanning over 125 pages "Forecast of Global Air Spring for Railroad Market 2023" report covers Air Spring for Railroad Market Overview, Global Air Spring for Railroad Sales, Revenue (Value) and Market Share by Players, Global Air Spring for Railroad Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Air Spring for Railroad Sales, Revenue and Price, Europe Top 5 Players Air Spring for Railroad Sales, Revenue and Price, Asia-Pacific Top 5 Players Air Spring for Railroad Sales, Revenue and Price, South America Top 5 Players Air Spring for Railroad Sales, Revenue and Price, Middle East & Africa Top 5 Players Air Spring for Railroad Sales, Revenue and Price, Global Air Spring for Railroad Players Profiles/Analysis, Global Air Spring for Railroad Market Forecast (2018-2023), Air Spring for Railroad Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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