The study on the global rail gangways market provides granular assessments of key growth dynamics and opportunities in the market. These include a comprehensive analysis of the regulatory and strategic landscape during the historical period on the global level and across numerous regions. Fact.MR offers data-driven insights through the rail gangways market sizing and projections of various segments—shares and size—during the forecast period. The insights offered in the report are aimed at guiding companies and players to identify new growth avenues, winning imperatives, and untapped regional markets.

Growing need for rail gangways in various countries on the coattails of ongoing railway infrastructure development along with new construction of metro rails is anticipated to accelerate the growth of rail gangways market across the globe.

The global rail gangways market is expected to be valued at US$ 392.8 million in 2018, expanding at a significant CAGR of 4.9% over the forecast period (2018-2028). Rising investments in railway developments and upcoming metro rail projects are likely to complement future expansion of the market which has been foreseen to attain a value of US$ 634.0 million by 2028-end. Further, the rail gangways market is anticipated to create incremental $ opportunity worth US$ 241.3 million throughout the assessment period.

In the making of the rail gangways market study, the following are taken into:

History Period: 2013-2017
Base Period: 2013
Estimated Year: 2028
Forecast Period: 2018 – 2028

Interested market participants and readers can peruse the global market rail gangways market report to get insights into and evaluation of:

Key growth drivers and restraints, trends and opportunities, and major challenges influencing the adoption rate of offerings by various players in the rail gangways market
Major research and product development projects
Promising technologies and favorable regulations in key regions
Segments that will lose or gain shares in the next few years
Value chain of key vendors and manufacturers

The rail gangways market report provides estimations and the market sizing and prospects of various regions. To this end, the study makes in-depth segmentation of the following key regions:

North America
Western Europe
Latin America
Eastern Europe
Middle East and Africa
China
Japan

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Development in Rail Activities to Offer Lucrative Opportunities

Developing regions including China and SEA & Pacific are heavily investing to provide support in the development of rail activities which will serve as a catalysts for the overall growth of rail gangways market. In addition, increase in rolling stock is likely to create lucrative opportunities for suppliers of rail gangways during the forecast period.

Changing travelling medium along with rapid consumer inclination toward the economical public transportation systems such as trains and metros will continue to shape the future of global rail gangways market. However, increasing attractiveness of air travel and significant growth of automobiles for both short and long trips will possibly remain daunting challenges for key market players.

The study also takes a closer look at the prevailing regulatory and macroeconomic frameworks and in the key country markets.

Fact.MR has been closely tracking shares and size, and factors shaping the demand and consumption dynamics of various offering by key players in the rail gangways market over the past several years. To this end, the study segments the rail gangways market on the following train types:

Passenger train
Metro/Subway train
High speed train
Special train

The report, in order to offer a comprehensive assessment of the growth dynamics shaping the prospects of material types, segments the overall rail gangways market into:

Steel
Aluminum
Alloys
Composites

Detailed profiling of the competitive landscape include following players:

Hubner GmbH & Co. KG
Narita Mfg. Ltd.
Airflow Equipments (India) Pvt. Limited
Dellner Couplers AB
Schliess- und Sicherungssysteme GmbH
Hutchinson
Chongqing Hengtai Electromechanical Equipment Co., Ltd.
ATG Autotechnik GmbH
Bellow and Bus (Pty) Ltd.
KTK Group
Qingdao Victall Railway Co., Ltd
Kasper Elektronik GmbH
Korea Railway Parts Co Ltd
Vulcanite Pty Ltd.

Two Piece Rail Gangways to Reign Supreme over the Counterpart

Based on the product type, two piece rail gangways are estimated to be valued at US$ 312.5 million by 2018-end, holding the highest value share of global rail gangways market. Single piece rail gangways, on the other hand, are projected to account for the lowest share of 30% of unit sales in the rail gangways market at global level.

With an estimated sales of 206,747 units by the end of 2028, aluminum rail gangways will witness maximum demand throughout the forecast period. In addition, manufactures are focusing on the development of steel rail gangways which are expected to create incremental $ opportunity worth around US$ 85.0 million. Further, the global demand for composite rail gangways is likely to grow at a remarkable rate during the forecast period.

Based on train type, the passenger train segment will continue to maintain its dominance in the global rail gangways market. However, due to penetration of new technologies and innovations, this segment is likely to witness a passive growth over the forecast period, while high speed train segment is anticipated to create a prominent incremental $ opportunity worth US$ 52.2 million between 2018 and 2028. The passenger train segment is predicted to be valued at US$ 340.9 million by 2028-end in the global rail gangways market.

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Fact.MR strives to offer market analytics and business intelligence solutions to guide businesses in better strategy formulations in the rail gangways market.

The rail gangways market report will improve the revenue impact of businesses in various industries by:

Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the rail gangways market
Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global rail gangways market and offers solutions
Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
Helping leading companies make strategy recalibrations ahead of their competitors and peers
Offers insights into promising synergies for top players aiming to retain their leadership position in the rail gangways market.