Global High-speed Rail Friction Material Market Growth 2023-2029

SKU ID : LPI-22500743 | Publishing Date : 07-Feb-2023

High-speed rail friction materials that are fixed on the brake drum or brake disc that rotates with the wheels. The purpose of vehicle deceleration is achieved through the friction between the brake disc and the brake pads. High-speed rail brake pads are mainly composed of adhesive insulation layer, steel plate and friction block.

Researcher's newest research report, the “High-speed Rail Friction Material Industry Forecast” looks at past sales and reviews total world High-speed Rail Friction Material sales in 2022, providing a comprehensive analysis by region and market sector of projected High-speed Rail Friction Material sales for 2023 through 2029. With High-speed Rail Friction Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High-speed Rail Friction Material industry.

This Insight Report provides a comprehensive analysis of the global High-speed Rail Friction Material 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 High-speed Rail Friction Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High-speed Rail Friction Material market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High-speed Rail Friction Material 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 High-speed Rail Friction Material.

The global High-speed Rail Friction Material market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for High-speed Rail Friction Material is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for High-speed Rail Friction Material is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for High-speed Rail Friction Material is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key High-speed Rail Friction Material players cover Knorr-Bremse, Wabtec Corporation, Bremskerl, Akebono, FLERTEX, Tribo, Beijing Tianyishangjia New Material Corp, Beijing Puran Railway Braking High-Tech and CRRC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of High-speed Rail Friction Material market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Below 250KM/h

250-300 KM/h

Above 300 KM/h

Segmentation by application

OEM

MRO

This report also splits the market by region:

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.

Knorr-Bremse

Wabtec Corporation

Bremskerl

Akebono

FLERTEX

Tribo

Beijing Tianyishangjia New Material Corp

Beijing Puran Railway Braking High-Tech

CRRC

Key Questions Addressed in this Report

What is the 10-year outlook for the global High-speed Rail Friction Material market?

What factors are driving High-speed Rail Friction Material market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High-speed Rail Friction Material market opportunities vary by end market size?

How does High-speed Rail Friction Material break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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.
market Reports market Reports