Railway Braking System Market to Grow at a CAGR of 3.7% to reach US$ 10,515.7 Million from 2020 to 2027

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    Electronics and Semiconductor Railway Braking System Market

    Railway Braking System Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Pneumatic Brake, Electrodynamic Brake, Mechanical Brake, and Electromagnetic Brake) and Train Type (Metros, Monorail, High-Speed Train, Light Rail/Trams, and Freight Train)

    Publication Month: Dec 2020 | Report Code: TIPRE00013125 | No. of Pages: 154 | Category: Electronics and Semiconductor | Status: Published

    In terms of revenue, the global railway braking system market was valued at US$ 8,909.9 million in 2019 and is projected to reach US$ 10,515.7 million by 2027; it is expected to grow at a CAGR of 3.7% during the forecast period from 2020 to 2027.

    The railway braking system market is broadly segmented into five major regions—North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). In terms of market share, the APAC region dominated the railway braking system market in 2019. APAC comprises developing economies—such as China, India, Singapore, Vietnam, and other southeast countries—as well as developed economies, such as Japan and Australia. Railway sectors of the Philippines, Thailand, China, and India are making huge investments in their respective territories to strengthen rail transit by integrating advanced technologies. In addition, Japan is using high-speed rail to lower congestion on roads and help passengers in saving both time & money.

    Impact of COVID-19 Pandemic on Railway Braking System Market

    The COVID-19 virus outbreak has been affecting every business globally since December 2019. Globally, the railway system market has a significant numbers of players. The technology and transportation industries are adversely affected due to COVID-19, and since the start of 2020, these industries have been reflecting declining trend. The pandemic has impacted supply of raw material, system/equipment, labor availability, working capital, and manufacturing. Building new rails, expansion projects of existing rail lines and constructing new rail lines, development of new rail systems as per newer technologies, station modernization, and procuring new rolling stock have witnessed decline during lockdown. Post six months, the businesses are getting resumed, manufacturing and technology industries are getting back into businesses, which would impact the development cycle of rails and its systems. Also, the railway projects are also getting resumed. With business re-commencing, the railway braking system market would be benefitted gradually.

    Lucrative Regional Railway Braking System Market

    Lucrative Regional Railway Braking System Market

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    Market Insights – Railway Braking System Market

    Provision Environment Standards for Environment Safety

    The railway transportation is majorly considered as a secure, safe, and economical mode of transportation when compared with road transportation. Pertaining to the factors, such as high precision and capability to cover maximum geographic area, the demand for trains among travelers is growing. Various systems are used in rails to ensure the safety of train, freight, and passengers; braking systems is one of these systems. Moreover, government projects—such as Dubai Route 2020 Metro—for building new rail infrastructure and increasing investments to expand train connectivity, are contributing toward the growth of the railway sector. There is a rise in demand of railways for freight transport. With increasing volume of packages and goods transported through railways, the number of trains is increasing. In 2019, the rail freight transport in Europe was calculated at almost 400 billion ton-kilometers. This aspect of increasing freight transport and rail passengers is boosting the growth of the railway sector and motivating governments of countries to invest heavily on rail projects.

    Type Segment Insights

    Based on type, the pneumatic brake is expected to be the leading segment in the global railway braking system market during the forecast period. Pneumatic brakes were designed for metros or subways; however, with continuous technological developments, the pneumatic braking systems are getting familiar among specialized freight operations and main line passenger railways.

    Railway Braking System Market, by Train Type (% share)

    Railway Braking System Market, by Train Type (% share)

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    Train Type Segment Insights

    Based on train type, the light rail/trams is anticipated to be the leading segment in the global railway braking system market during the forecast period. The light rail segment is witnessing projects, such as BRITAIN’s Very Light Rail vehicle development project. The delivery of light rail has been made for final assembly and system integration of light rail to the Quinton Rail Technology Centre. The project would increase the scope of integrating brake systems in light rails in Europe.

    Strategic Insights

    The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.

    • In 2019, Amsted Rail and Amsted Digital Solutions Exhibited at Railway Interchange 2019 to showcase IBEX truck mounted brake system and learn what makes it the most versatile, innovative, and cost-effective brake system.
    • In 2019, Sabre Rail Services Ltd won a contract to date by Network Rail for the overhaul of the brake systems on its fleet of 555 JNA ‘Falcon’ open box wagons.

    The global railway braking system market has been segmented as follows:


    Railway Braking System Market – by Type

    • Pneumatic Brake
    • Electrodynamic Brake
    • Mechanical Brake
    • Electromagnetic Brake

    Railway Braking System Market – by Train Type

    • Metros
    • Monorail
    • High-Speed Train
    • Light Rail/Trams
    • Freight Train


    Railway Braking System Market – by Region

    • North America

      • US
      • Canada
      • Mexico

    • Europe

      • France
      • Germany
      • Italy
      • UK
      • Russia
      • Rest of Europe

    • Asia Pacific (APAC)

      • China
      • India
      • South Korea
      • Japan
      • Australia
      • Rest of APAC

    • Middle East & Africa (MEA)

      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of MEA

    • South America (SAM)

      • Brazil
      • Argentina
      • Rest of SAM


    Railway Braking System Market – Company Profiles

    • ABB Ltd.
    • Akebono Brake Industry Co., Ltd
    • Alstom SA
    • Amsted Rail
    • DAKO-CZ, a.s
    • Frimatrail Frenoplast S.A
    • Knorr-Bremse AG
    • Nabtesco Corporation
    • Sabre Rail Services Ltd.
    • Wabtec Corporation

    Frequently Asked Questions

    Which region led the railway braking system market in 2019?
    Presently, APAC held the largest share of the global railway braking system market. The connectivity of the railway network in Southeast Asian countries is becoming better due to implementation of a number of projects to connect existing routes under Pan Asia railway network. Projects for expanding railways by introducing bullet trains or other rails in countries such as India and Japan would make a substantial contribution in the development of railway sector of the region.
    Which factor is driving growth of the railway braking system market?
    There is a growth in the railway sector across the world due to increasing number of passengers and freight transport. Therefore, the railways of respective countries are making huge budget allocation for improving their existing rail infrastructure. India has a fourth-largest railway system worldwide, after the US, Russia, and China. Countries, such as India, China, the Philippines, Thailand, are investing monetary resources on reinforcing their railways. Investments in railways sector would transform it as per the future requirements. Expansion in railways through funding is driving the scope of integration of railway braking systems.
    Which train type led the railway braking system market?
    The light rail/trams is leading the global railway braking system market. They are ideal for shorter braking distance owing to quick response behavior. The light rail segment is also witnessing projects, such as metro and high-speed trains, which would contribute to the market growth.

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    1.3.1 Railway Braking System Market – By Type

    1.3.2 Railway Braking System Market – By Train Type

    1.3.3 Railway Braking System Market- By Region

    2. Key Takeaways

    3. Research Methodology

    3.1 Coverage

    3.2 Secondary Research

    3.3 Primary Research

    4. Railway Braking System Market Landscape

    4.1 Market Overview

    4.2 PEST Analysis

    4.2.1 North America

    4.2.2 Europe

    4.2.3 APAC

    4.2.4 MEA

    4.2.5 SAM

    4.3 Ecosystem Analysis

    4.4 Expert Opinion

    5. Railway Braking System Market – Key Market Dynamics

    5.1 Market Drivers

    5.1.1 Rising Demand for Rail Transit for Transportation

    5.1.2 Increasing Investments for Strengthening Railways

    5.2 Market Restraints

    5.2.1 Inadequate Infrastructure of High Speed Rail

    5.3 Market Opportunities

    5.3.1 Arrival of Automatic Train Braking Systems

    5.4 Future Trends

    5.4.1 Advent of Next-Generation High-Speed Trains

    5.5 Impact Analysis of Drivers and Restraints

    6. Railway Braking System Market – Global Market Analysis

    6.1 Global Railway Braking System Market Overview

    6.2 Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    6.3 Market Positioning – Five Key Players

    7. Railway Braking System Market Analysis – By Type

    7.1 Overview

    7.2 Railway Braking System Market Breakdown, by Type, 2019 & 2027

    7.3 Pneumatic Brake

    7.3.1 Overview

    7.3.2 Pneumatic Brake: Railway Braking System Market Revenue and Forecast to 2027 (US$ Million)

    7.4 Electrodynamic Brake

    7.4.1 Overview

    7.4.2 Electrodynamic Brake: Railway Braking System Market Revenue and Forecast to 2027 (US$ Million)

    7.5 Mechanical Brake

    7.5.1 Overview

    7.5.2 Mechanical Brake: Railway Braking System Market Revenue and Forecast to 2027 (US$ Million)

    7.6 Electromagnetic Brake

    7.6.1 Overview

    7.6.2 Electromagnetic Brake: Railway Braking System Market Revenue and Forecast to 2027 (US$ Million)

    8. Railway Braking System Market Analysis – By Train Type

    8.1 Overview

    8.2 Railway Braking System Market Breakdown, by Belt Type, 2019 & 2027

    8.3 Metros

    8.3.1 Overview

    8.3.2 Metros: Railway Braking System Market Revenue and Forecast to 2027 (US$ Million)

    8.4 Monorail

    8.4.1 Overview

    8.4.2 Monorail: Railway Braking System Market Revenue and Forecast to 2027 (US$ Million)

    8.5 High-Speed Train

    8.5.1 Overview

    8.5.2 High-speed Train: Railway Braking System Market Revenue and Forecast to 2027 (US$ Million)

    8.6 Light Rail/Trams

    8.6.1 Overview

    8.6.2 Light Rail/Trams: Railway Braking System Market Revenue and Forecast to 2027 (US$ Million)

    8.7 Freight Train

    8.7.1 Overview

    8.7.2 Freight Train: Railway Braking System Market Revenue and Forecast to 2027 (US$ Million)

    9. Railway Braking System Market – Geographic Analysis

    9.1 Overview

    9.2 North America: Railway Braking System Market

    9.2.1 North America: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.2.2 North America: Railway Braking System Market, by Type

    9.2.3 North America: Railway Braking System Market, by Train Type

    9.2.4 North America: Railway Braking System Market, by Key Country

    9.2.4.1 US: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.2.4.1.1 US: Railway Braking System Market, by Type

    9.2.4.1.2 US: Railway Braking System Market, by Train Type

    9.2.4.2 Canada: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.2.4.2.1 Canada: Railway Braking System Market, by Type

    9.2.4.2.2 Canada: Railway Braking System Market, by Train Type

    9.2.4.3 Mexico: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.2.4.3.1 Mexico: Railway Braking System Market, by Type

    9.2.4.3.2 Mexico: Railway Braking System Market, by Train Type

    9.3 Europe: Railway Braking System Market

    9.3.1 Europe: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.2 Europe: Railway Braking System Market, By Type

    9.3.3 Europe: Railway Braking System Market, By Train Type

    9.3.4 Europe: Railway Braking System Market, By Country

    9.3.4.1 Germany: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.1.1 Germany: Railway Braking System Market, by Type

    9.3.4.1.2 Germany: Railway Braking System Market, by Train Type

    9.3.4.2 France: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.2.1 France: Railway Braking System Market, by Type

    9.3.4.2.2 France: Railway Braking System Market, by Train Type

    9.3.4.3 Italy: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.3.1 Italy: Railway Braking System Market, by Type

    9.3.4.3.2 Italy: Railway Braking System Market, by Train Type

    9.3.4.4 UK: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.4.1 UK: Railway Braking System Market, by Type

    9.3.4.4.2 UK: Railway Braking System Market, by Train Type

    9.3.4.5 Russia: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.5.1 Russia: Railway Braking System Market, by Type

    9.3.4.5.2 Russia: Railway Braking System Market, by Train Type

    9.3.4.6 Rest of Europe: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.6.1 Rest of Europe: Railway Braking System Market, by Type

    9.3.4.6.2 Rest of Europe: Railway Braking System Market, by Train Type

    9.4 APAC: Railway Braking System Market

    9.4.1 APAC: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.2 APAC: Railway Braking System Market, By Type

    9.4.3 APAC: Railway Braking System Market, By Train Type

    9.4.4 APAC: Railway Braking System Market, By Country

    9.4.4.1 Australia: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.1.1 Australia: Railway Braking System Market, by Type

    9.4.4.1.2 Australia: Railway Braking System Market, by Train Type

    9.4.4.2 China: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.2.1 China: Railway Braking System Market, by Type

    9.4.4.2.2 China: Railway Braking System Market, by Train Type

    9.4.4.3 India: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.3.1 India: Railway Braking System Market, by Type

    9.4.4.3.2 India: Railway Braking System Market, by Train Type

    9.4.4.4 Japan: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.4.1 Japan: Railway Braking System Market, by Type

    9.4.4.4.2 Japan: Railway Braking System Market, by Train Type

    9.4.4.5 South Korea: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.5.1 South Korea: Railway Braking System Market, by Type

    9.4.4.5.2 South Korea: Railway Braking System Market, by Train Type

    9.4.4.6 Rest of APAC: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.6.1 Rest of APAC: Railway Braking System Market, by Type

    9.4.4.6.2 Rest of APAC: Railway Braking System Market, by Train Type

    9.5 MEA: Railway Braking System Market

    9.5.1 MEA: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.5.2 MEA: Railway Braking System Market, by Type

    9.5.3 MEA: Railway Braking System Market, by Train Type

    9.5.4 MEA: Railway Braking System Market, by Key Country

    9.5.4.1 South Africa: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.5.4.1.1 South Africa: Railway Braking System Market, by Type

    9.5.4.1.2 South Africa: Railway Braking System Market, by Train Type

    9.5.4.2 Saudi Arabia: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.5.4.2.1 Saudi Arabia: Railway Braking System Market, by Type

    9.5.4.2.2 Saudi Arabia: Railway Braking System Market, by Train Type

    9.5.4.3 UAE: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.5.4.3.1 UAE: Railway Braking System Market, by Type

    9.5.4.3.2 UAE: Railway Braking System Market, by Train Type

    9.5.4.4 Rest of MEA: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.5.4.4.1 Rest of MEA: Railway Braking System Market, by Type

    9.5.4.4.2 Rest of MEA: Railway Braking System Market, by Train Type

    9.6 SAM: Railway Braking System Market

    9.6.1 SAM: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.6.2 SAM: Railway Braking System Market, by Type

    9.6.3 SAM: Railway Braking System Market, by Train Type

    9.6.4 SAM: Railway Braking System Market, by Key Country

    9.6.4.1 Brazil: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.6.4.1.1 Brazil: Railway Braking System Market, by Type

    9.6.4.1.2 Brazil: Railway Braking System Market, by Train Type

    9.6.4.2 Argentina: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.6.4.2.1 Argentina: Railway Braking System Market, by Type

    9.6.4.2.2 Argentina: Railway Braking System Market, by Train Type

    9.6.4.3 Rest of SAM: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    9.6.4.3.1 Rest of SAM: Railway Braking System Market, by Type

    9.6.4.3.2 Rest of SAM: Railway Braking System Market, by Train Type

    10. Railway Braking System Market- COVID-19 Impact Analysis

    10.1 Impact of COVID-19 Pandemic on Global Maritime Real-time Positioning System Market

    10.1.1 North America: Impact Assessment of COVID-19 Pandemic

    10.1.2 Europe: Impact Assessment of COVID-19 Pandemic

    10.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

    10.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

    10.1.5 South America: Impact Assessment of COVID-19 Pandemic

    11. Industry Landscape

    11.1 Overview

    11.2 Market Initiative

    11.3 Merger and Acquisition

    11.4 New Development

    12. Company Profiles

    12.1 DAKO-CZ, a.sKey Facts

    12.1.1 Business Description

    12.1.2 Products and Services

    12.1.3 Financial Overview

    12.1.4 SWOT Analysis

    12.1.5 Key Developments

    12.2 Akebono Brake Industry Co., Ltd

    12.2.1 Key Facts

    12.2.2 Business Description

    12.2.3 Products and Services

    12.2.4 Financial Overview

    12.2.5 SWOT Analysis

    12.2.6 Key Developments

    12.3 Amsted Rail

    12.3.1 Key Facts

    12.3.2 Business Description

    12.3.3 Products and Services

    12.3.4 Financial Overview

    12.3.5 SWOT Analysis

    12.3.6 Key Developments

    12.4 Knorr-Bremse AG

    12.4.1 Key Facts

    12.4.2 Business Description

    12.4.3 Products and Services

    12.4.4 Financial Overview

    12.4.5 SWOT Analysis

    12.4.6 Key Developments

    12.5 Nabtesco Corporation

    12.5.1 Key Facts

    12.5.2 Business Description

    12.5.3 Products and Services

    12.5.4 Financial Overview

    12.5.5 SWOT Analysis

    12.5.6 Key Developments

    12.6 Sabre Rail Services Ltd.

    12.6.1 Key Facts

    12.6.2 Business Description

    12.6.3 Products and Services

    12.6.4 Financial Overview

    12.6.5 SWOT Analysis

    12.6.6 Key Developments

    12.7 Wabtec Corporation

    12.7.1 Key Facts

    12.7.2 Business Description

    12.7.3 Products and Services

    12.7.4 Financial Overview

    12.7.5 SWOT Analysis

    12.7.6 Key Developments

    12.8 Alstom SA

    12.8.1 Key Facts

    12.8.2 Business Description

    12.8.3 Products and Services

    12.8.4 Financial Overview

    12.8.5 SWOT Analysis

    12.8.6 Key Developments

    12.9 ABB Ltd.

    12.9.1 Key Facts

    12.9.2 Business Description

    12.9.3 Products and Services

    12.9.4 Financial Overview

    12.9.5 SWOT Analysis

    12.9.6 Key Developments

    12.10 Frimatrail Frenoplast S.A.

    12.10.1 Key Facts

    12.10.2 Business Description

    12.10.3 Products and Services

    12.10.4 Financial Overview

    12.10.5 SWOT Analysis

    12.10.6 Key Developments

    13. Appendix

    13.1 About The Insight Partners

    13.2 Word Index

    LIST OF TABLES

    Table 1. Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Table 2. North America: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 3. North America: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 4. US: Railway Braking System Market, by Type –Revenue and Forecast to 2027 (US$ Million)

    Table 5. US: Railway Braking System Market, by Train Type –Revenue and Forecast to 2027 (US$ Million)

    Table 6. Canada: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 7. Canada: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 8. Mexico: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 9. Mexico: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 10. Europe Railway Braking System Market, By Type – Revenue and Forecast to 2027 (US$ Million)

    Table 11. Europe Railway Braking System Market, By Train Type– Revenue and Forecast to 2027 (US$ Million)

    Table 12. Germany Railway Braking System Market, By Type – Revenue and Forecast to 2027 (US$ Million)

    Table 13. Germany Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 14. France Railway Braking System Market, By Type – Revenue and Forecast to 2027 (US$ Million)

    Table 15. France Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 16. Italy Railway Braking System Market, By Type – Revenue and Forecast to 2027 (US$ Million)

    Table 17. Italy Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 18. UK Railway Braking System Market, By Type – Revenue and Forecast to 2027 (US$ Million)

    Table 19. UK Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 20. Russia Railway Braking System Market, By Type – Revenue and Forecast to 2027 (US$ Million)

    Table 21. Russia Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 22. Rest of Europe Railway Braking System Market, By Type – Revenue and Forecast to 2027 (US$ Million)

    Table 23. Rest of Europe Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 24. APAC: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 25. APAC: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 26. Australia: Railway Braking System Market, By Type – Revenue and Forecast to 2027 (US$ Million)

    Table 27. Australia: Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 28. China: Railway Braking System Market, By Types – Revenue and Forecast to 2027 (US$ Million)

    Table 29. China: Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 30. India: Railway Braking System Market, By Types – Revenue and Forecast to 2027 (US$ Million)

    Table 31. India: Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 32. Japan: Railway Braking System Market, By Type – Revenue and Forecast to 2027 (US$ Million)

    Table 33. Japan: Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 34. South Korea: Railway Braking System Market, By Type– Revenue and Forecast to 2027 (US$ Million)

    Table 35. South Korea: Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 36. Rest of APAC: Railway Braking System Market, By Type – Revenue and Forecast to 2027 (US$ Million)

    Table 37. Rest of APAC: Railway Braking System Market, By Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 38. MEA: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 39. MEA: Railway Braking System Market Revenue Share, by Train Type (2019 and 2027)

    Table 40. South Africa: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 41. South Africa: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 42. Saudi Arabia: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 43. Saudi Arabia: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 44. UAE: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 45. UAE: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 46. Rest of MEA: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 47. Rest of MEA: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 48. SAM: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 49. SAM: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 50. Brazil: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 51. Brazil: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 52. Argentina: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 53. Argentina: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 54. Rest of SAM: Railway Braking System Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 55. Rest of SAM: Railway Braking System Market, by Train Type – Revenue and Forecast to 2027 (US$ Million)

    Table 56. List of Abbreviation

    LIST OF FIGURES

    Figure 1. Railway Braking System Market Segmentation

    Figure 2. Railway Braking System Market Segmentation – By Geography

    Figure 3. Global Railway Braking System Market Overview

    Figure 4. Pneumatic Brake Type Segment held the Largest Share

    Figure 5. Light Rail/Trams Train Type Segment held the Largest Share

    Figure 6. APAC to Show Great Traction During Forecast Period

    Figure 7. North America: PEST Analysis

    Figure 8. Europe: PEST Analysis

    Figure 9. Asia-Pacific: PEST Analysis

    Figure 10. MEA: PEST Analysis

    Figure 11. South America: PEST Analysis

    Figure 12. Expert Opinion

    Figure 13. Railway Braking System Market Impact Analysis of Drivers and Restraints

    Figure 14. Geographic Overview of Railway Braking System Market

    Figure 15. Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 16. Railway Braking System Market Breakdown, by Type (2019 and 2027)

    Figure 17. Pneumatic Brake: Railway Braking System Market Revenue and Forecast to 2027 (US$ Million)

    Figure 18. Electrodynamic Brake: Railway Braking System Market Revenue and Forecast To 2027 (US$ Million)

    Figure 19. Mechanical Brake: Railway Braking System Market Revenue and Forecast To 2027 (US$ Million)

    Figure 20. Electromagnetic Brake: Railway Braking System Market Revenue and Forecast To 2027 (US$ Million)

    Figure 21. Railway Braking System Market Breakdown, by Train Type (2019 and 2027)

    Figure 22. Metros: Railway Braking System Market Revenue and Forecast To 2027 (US$ Million)

    Figure 23. Monorail: Railway Braking System Market Revenue and Forecast To 2027 (US$ Million)

    Figure 24. High-speed Train: Railway Braking System Market Revenue and Forecast to 2027 (US$ Million)

    Figure 25. Light Rail/Trams: Railway Braking System Market Revenue and Forecast To 2027 (US$ Million)

    Figure 26. Freight Train: Railway Braking System Market Revenue and Forecast To 2027 (US$ Million)

    Figure 27. Railway Braking System Market Revenue Share, By Region (2019 and 2027)

    Figure 28. North America: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 29. North America: Railway Braking System Market Revenue Share, by Type(2019 and 2027)

    Figure 30. North America: Railway Braking System Market Revenue Share, by Train Type (2019 and 2027)

    Figure 31. North America: Railway Braking System Market Revenue Share, by Key Country (2019 and 2027)

    Figure 32. US: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 33. Canada: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 34. Mexico: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 35. Europe: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 36. Europe: Railway Braking System Market Revenue Share, By Type (2019 and 2027)

    Figure 37. Europe: Railway Braking System Market Revenue Share, By Train Type (2019 and 2027)

    Figure 38. Europe: Railway Braking System Market Revenue Share, By Country (2019 and 2027)

    Figure 39. Germany: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 40. France: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 41. Italy: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 42. UK: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 43. Russia: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 44. Rest of Europe: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 45. APAC: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 46. APAC: Railway Braking System Market Revenue Share, By Type (2019 and 2027)

    Figure 47. APAC: Railway Braking System Market Revenue Share, By Train Type (2019 and 2027)

    Figure 48. APAC: Railway Braking System Market Revenue Share, By Country (2019 and 2027)

    Figure 49. Australia: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 50. China: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 51. India: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 52. Japan: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 53. South Korea: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 54. Rest of APAC: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 55. MEA: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 56. MEA: Railway Braking System Market Revenue Share, by Type (2019 and 2027)

    Figure 57. MEA: Railway Braking System Market Revenue Share, by Train Type (2019 and 2027)

    Figure 58. MEA: Railway Braking System Market Revenue Share, by Key Country (2019 and 2027)

    Figure 59. South Africa: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 60. Saudi Arabia: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 61. UAE: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 62. Rest of MEA: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 63. SAM: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 64. SAM: Railway Braking System Market Revenue Share, by Type (2019 and 2027)

    Figure 65. SAM: Railway Braking System Market Revenue Share, by Train Type (2019 and 2027)

    Figure 66. SAM: Railway Braking System Market Revenue Share, by Key Country (2019 and 2027)

    Figure 67. Brazil: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 68. Argentina: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 69. Rest of SAM: Railway Braking System Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 70. Impact of COVID-19 Pandemic in North American Country Markets

    Figure 71. Impact of COVID-19 Pandemic in Europe Country Markets

    Figure 72. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

    Figure 73. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

    Figure 74. Impact of COVID-19 Pandemic in South America Country Markets

    The List of Companies - Railway Braking System Market

    1. ABB Ltd.
    2. Akebono Brake Industry Co., Ltd
    3. Alstom SA
    4. Amsted Rail
    5. DAKO-CZ, a.s
    6. Frimatrail Frenoplast S.A
    7. Knorr-Bremse AG
    8. Nabtesco Corporation
    9. Sabre Rail Services Ltd.
    10. Wabtec Corporation
    • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global railway braking system market.

    • Highlights key business priorities in order to assist companies to realign their business strategies.

    • The key findings and recommendations highlight crucial progressive industry trends in the global railway braking system market, thereby allowing players across the value chain to develop effective long-term strategies.

    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

    • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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