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High speeds, extreme loads, powerful accelerations and sharp emergency braking – only forged railway wheels can meet these requirements. Railway wheels are forged in four working steps before they undergo mechanical machining. First of all, a disk-shaped preform is produced in two stages from a heated block. This preform is then rolled out into the final contour using a wheel roller. Finally, the rolled-out wheel is calibrated and the hub is offset axially and pierced.
The global Forged and Rolled High-speed Wheel market was valued at US$ 251 million in 2023 and is anticipated to reach US$ 329.6 million by 2030, witnessing a CAGR of 4.1% during the forecast period 2024-2030.
A forged and rolled high-speed wheel is a type of train wheel used in high-speed rail systems, manufactured through forging and rolling processes. In the manufacturing process, the wheel undergoes forging initially, where high temperature and pressure are applied to induce plastic deformation in the metal material, shaping it into the desired form and structure. Subsequently, it goes through rolling processes to further refine and shape it to precise dimensions and surface quality standards. Forged and rolled high-speed wheels typically possess more uniform internal structure, higher strength, and fatigue resistance, making them suitable for high-speed railway systems, ensuring safer and more stable train operations.
This report aims to provide a comprehensive presentation of the global market for Forged and Rolled High-speed Wheel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Forged and Rolled High-speed Wheel.
Report Scope
The Forged and Rolled High-speed Wheel market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Forged and Rolled High-speed Wheel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Forged and Rolled High-speed Wheel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Interpipe
Nippon Steel corporation
Standard Steel
OMK Steel
Masteel Group
ZHIQI RAILWAY EQUIPMENT
Amsted Rail
Taiyuan Heavy Industry
Bochumer Verein Verkehrstechnik (BVV)
Lucchini RS
Datong ABC Castings Company Limited (DACC)
Xinyang Amsted Tonghe Wheels
Segment by Type
ER7
ER8
SVTY75—2R
Others
Segment by Application
OEMs Market
Aftermarke
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Forged and Rolled High-speed Wheel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Forged and Rolled High-speed Wheel by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Forged and Rolled High-speed Wheel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Forged and Rolled High-speed Wheel market was valued at US$ 251 million in 2023 and is anticipated to reach US$ 329.6 million by 2030, witnessing a CAGR of 4.1% during the forecast period 2024-2030.
A forged and rolled high-speed wheel is a type of train wheel used in high-speed rail systems, manufactured through forging and rolling processes. In the manufacturing process, the wheel undergoes forging initially, where high temperature and pressure are applied to induce plastic deformation in the metal material, shaping it into the desired form and structure. Subsequently, it goes through rolling processes to further refine and shape it to precise dimensions and surface quality standards. Forged and rolled high-speed wheels typically possess more uniform internal structure, higher strength, and fatigue resistance, making them suitable for high-speed railway systems, ensuring safer and more stable train operations.
This report aims to provide a comprehensive presentation of the global market for Forged and Rolled High-speed Wheel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Forged and Rolled High-speed Wheel.
Report Scope
The Forged and Rolled High-speed Wheel market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Forged and Rolled High-speed Wheel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Forged and Rolled High-speed Wheel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Interpipe
Nippon Steel corporation
Standard Steel
OMK Steel
Masteel Group
ZHIQI RAILWAY EQUIPMENT
Amsted Rail
Taiyuan Heavy Industry
Bochumer Verein Verkehrstechnik (BVV)
Lucchini RS
Datong ABC Castings Company Limited (DACC)
Xinyang Amsted Tonghe Wheels
Segment by Type
ER7
ER8
SVTY75—2R
Others
Segment by Application
OEMs Market
Aftermarke
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Forged and Rolled High-speed Wheel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Forged and Rolled High-speed Wheel by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Forged and Rolled High-speed Wheel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
