Summary

HNY Research projects that the Rail Wheel (Railway Wheel) market size will grow from 3625.61 Million USD in 2025 to 5022.73 Million USD by 2031, at an estimated CAGR of 5.58%. The base year considered for the study is 2025, and the market size is projected from 2026 to 2031.
For 2025 regional market size, the North America market size was 851.66 Million USD, the Europe market size was 628.32 Million USD, and the Asia market size was 792.2 Million USD.
This report presents a detailed and holistic analysis of the global Rail Wheel (Railway Wheel) market. It integrates quantitative data with qualitative insights to equip readers with the necessary information for strategic planning, competitive assessment, market positioning, and data-driven decision-making.
All market sizes, estimates, and forecasts are expressed in terms of output/shipments and revenue. With 2025 serving as the base year, the report provides historical context from 2020. and projections up to 2031. It includes a complete segmentation of the global market, along with regional market sizes analyzed by type, application, and key industry participants.
Further enriching the analysis, the report outlines the competitive environment, offering profiles of prominent players and their market standings. It also explores key technological advancements and recent developments in product offerings.
Ultimately, this report serves as a vital resource for Rail Wheel (Railway Wheel) manufacturers, prospective entrants, and other stakeholders within the industry value chain. It supplies comprehensive data on revenues, production, and average pricing for the overall market and its sub-segments, detailed by company, product type, application, and geographic region.

By Market Players:
NSSMC
Interpipe
OMK Steel
EVRAZ NTMK
Bochumer Verein Verkehrstechnik (BVV)
Lucchini RS
Rail Wheel Factory
GHH-Bonatrans
Amsted Rail
CAF
Comsteel
Magang (Group) Holding
Taiyuan Heavy Industry
Datong ABC Castings Company Limited (DACC)
Xinyang Amsted Tonghe Wheels
ZHIQI RAILWAY EQUIPMENT

By Type
Forged Wheels
Cast Wheels

By Application
Freight Train
Passenger Train
High-Speed Train
Locomotives

By Regions/Countries:
North America
East Asia
Europe
South Asia
Southeast Asia
Middle East
Africa
Oceania
South America

Points Covered in The Report
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.

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Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Rail Wheel (Railway Wheel) Revenue
1.4 Market Analysis by Type
1.4.1 Global Rail Wheel (Railway Wheel) Market Size Growth Rate by Type: 2026-2031
1.4.2 Forged Wheels
1.4.3 Cast Wheels
1.5 Market by Application
1.5.1 Global Rail Wheel (Railway Wheel) Market Share by Application: 2026-2031
1.5.2 Freight Train
1.5.3 Passenger Train
1.5.4 High-Speed Train
1.5.5 Locomotives
1.6 Study Objectives
1.7 Overview of Global Rail Wheel (Railway Wheel) Market
1.7.1 Global Rail Wheel (Railway Wheel) Market Status and Outlook (2020-2031)
1.7.2 North America
1.7.3 East Asia
1.7.4 Europe
1.7.5 South Asia
1.7.6 Southeast Asia
1.7.7 Middle East
1.7.8 Africa
1.7.9 Oceania
1.7.10 South America
1.7.11 Rest of the World
2 Manufacturing Cost Structure Analysis
2.1 Manufacturing Cost Structure Analysis of Rail Wheel (Railway Wheel)
2.2 Industry Chain Structure of Rail Wheel (Railway Wheel)
3 Market Competition by Manufacturers
3.1 Global Rail Wheel (Railway Wheel) Production Capacity Market Share by Manufacturers (2020-2025)
3.2 Global Rail Wheel (Railway Wheel) Revenue Market Share by Manufacturers (2020-2025)
3.3 Global Rail Wheel (Railway Wheel) Average Price by Manufacturers (2020-2025)
4 Rail Wheel (Railway Wheel) Regional Market Analysis
4.1 Rail Wheel (Railway Wheel) Production by Regions
4.1.1 Global Rail Wheel (Railway Wheel) Production by Regions (2020-2025)
4.1.2 Global Rail Wheel (Railway Wheel) Revenue by Regions
4.2 Rail Wheel (Railway Wheel) Consumption by Regions
4.3 North America Rail Wheel (Railway Wheel) Market Analysis
4.3.1 North America Rail Wheel (Railway Wheel) Production
4.3.2 North America Rail Wheel (Railway Wheel) Revenue
4.3.3 Key Manufacturers in North America
4.3.4 North America Rail Wheel (Railway Wheel) Import and Export
4.4 East Asia Rail Wheel (Railway Wheel) Market Analysis
4.4.1 East Asia Rail Wheel (Railway Wheel) Production
4.4.2 East Asia Rail Wheel (Railway Wheel) Revenue
4.4.3 Key Manufacturers in East Asia
4.4.4 East Asia Rail Wheel (Railway Wheel) Import & Export
4.5 Europe Rail Wheel (Railway Wheel) Market Analysis
4.5.1 Europe Rail Wheel (Railway Wheel) Production
4.5.2 Europe Rail Wheel (Railway Wheel) Revenue
4.5.3 Key Manufacturers in Europe
4.5.4 Europe Rail Wheel (Railway Wheel) Import & Export
4.6 South Asia Rail Wheel (Railway Wheel) Market Analysis
4.6.1 South Asia Rail Wheel (Railway Wheel) Production
4.6.2 South Asia Rail Wheel (Railway Wheel) Revenue
4.6.3 Key Manufacturers in South Asia
4.6.4 South Asia Rail Wheel (Railway Wheel) Import & Export
4.7 Southeast Asia Rail Wheel (Railway Wheel) Market Analysis
4.7.1 Southeast Asia Rail Wheel (Railway Wheel) Production
4.7.2 Southeast Asia Rail Wheel (Railway Wheel) Revenue
4.7.3 Key Manufacturers in Southeast Asia
4.7.4 Southeast Asia Rail Wheel (Railway Wheel) Import & Export
4.8 Middle East Rail Wheel (Railway Wheel) Market Analysis
4.8.1 Middle East Rail Wheel (Railway Wheel) Production
4.8.2 Middle East Rail Wheel (Railway Wheel) Revenue
4.8.3 Key Manufacturers in Middle East
4.8.4 Middle East Rail Wheel (Railway Wheel) Import & Export
4.9 Africa Rail Wheel (Railway Wheel) Market Analysis
4.9.1 Africa Rail Wheel (Railway Wheel) Production
4.9.2 Africa Rail Wheel (Railway Wheel) Revenue
4.9.3 Key Manufacturers in Africa
4.9.4 Africa Rail Wheel (Railway Wheel) Import & Export
4.10 Oceania Rail Wheel (Railway Wheel) Market Analysis
4.10.1 Oceania Rail Wheel (Railway Wheel) Production
4.10.2 Oceania Rail Wheel (Railway Wheel) Revenue
4.10.3 Key Manufacturers in Oceania
4.10.4 Oceania Rail Wheel (Railway Wheel) Import & Export
4.11 South America Rail Wheel (Railway Wheel) Market Analysis
4.11.1 South America Rail Wheel (Railway Wheel) Production
4.11.2 South America Rail Wheel (Railway Wheel) Revenue
4.11.3 Key Manufacturers in South America
4.11.4 South America Rail Wheel (Railway Wheel) Import & Export
5 Rail Wheel (Railway Wheel) Sales Market by Type (2020-2031)
5.1 Global Rail Wheel (Railway Wheel) Historic Market Size by Type (2020-2025)
5.2 Global Rail Wheel (Railway Wheel) Forecasted Market Size by Type (2026-2031)
6 Rail Wheel (Railway Wheel) Consumption Market by Application(2020-2031)
6.1 Global Rail Wheel (Railway Wheel) Historic Market Size by Application (2020-2025)
6.2 Global Rail Wheel (Railway Wheel) Forecasted Market Size by Application (2026-2031)
7 Company Profiles and Key Figures in Rail Wheel (Railway Wheel) Business
7.1 NSSMC
7.1.1 NSSMC Company Profile
7.1.2 NSSMC Rail Wheel (Railway Wheel) Product Specification
7.1.3 NSSMC Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.2 Interpipe
7.2.1 Interpipe Company Profile
7.2.2 Interpipe Rail Wheel (Railway Wheel) Product Specification
7.2.3 Interpipe Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.3 OMK Steel
7.3.1 OMK Steel Company Profile
7.3.2 OMK Steel Rail Wheel (Railway Wheel) Product Specification
7.3.3 OMK Steel Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.4 EVRAZ NTMK
7.4.1 EVRAZ NTMK Company Profile
7.4.2 EVRAZ NTMK Rail Wheel (Railway Wheel) Product Specification
7.4.3 EVRAZ NTMK Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.5 Bochumer Verein Verkehrstechnik (BVV)
7.5.1 Bochumer Verein Verkehrstechnik (BVV) Company Profile
7.5.2 Bochumer Verein Verkehrstechnik (BVV) Rail Wheel (Railway Wheel) Product Specification
7.5.3 Bochumer Verein Verkehrstechnik (BVV) Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.6 Lucchini RS
7.6.1 Lucchini RS Company Profile
7.6.2 Lucchini RS Rail Wheel (Railway Wheel) Product Specification
7.6.3 Lucchini RS Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.7 Rail Wheel Factory
7.7.1 Rail Wheel Factory Company Profile
7.7.2 Rail Wheel Factory Rail Wheel (Railway Wheel) Product Specification
7.7.3 Rail Wheel Factory Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.8 GHH-Bonatrans
7.8.1 GHH-Bonatrans Company Profile
7.8.2 GHH-Bonatrans Rail Wheel (Railway Wheel) Product Specification
7.8.3 GHH-Bonatrans Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.9 Amsted Rail
7.9.1 Amsted Rail Company Profile
7.9.2 Amsted Rail Rail Wheel (Railway Wheel) Product Specification
7.9.3 Amsted Rail Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.10 CAF
7.10.1 CAF Company Profile
7.10.2 CAF Rail Wheel (Railway Wheel) Product Specification
7.10.3 CAF Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.11 Comsteel
7.11.1 Comsteel Company Profile
7.11.2 Comsteel Rail Wheel (Railway Wheel) Product Specification
7.11.3 Comsteel Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.12 Magang (Group) Holding
7.12.1 Magang (Group) Holding Company Profile
7.12.2 Magang (Group) Holding Rail Wheel (Railway Wheel) Product Specification
7.12.3 Magang (Group) Holding Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.13 Taiyuan Heavy Industry
7.13.1 Taiyuan Heavy Industry Company Profile
7.13.2 Taiyuan Heavy Industry Rail Wheel (Railway Wheel) Product Specification
7.13.3 Taiyuan Heavy Industry Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.14 Datong ABC Castings Company Limited (DACC)
7.14.1 Datong ABC Castings Company Limited (DACC) Company Profile
7.14.2 Datong ABC Castings Company Limited (DACC) Rail Wheel (Railway Wheel) Product Specification
7.14.3 Datong ABC Castings Company Limited (DACC) Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.15 Xinyang Amsted Tonghe Wheels
7.15.1 Xinyang Amsted Tonghe Wheels Company Profile
7.15.2 Xinyang Amsted Tonghe Wheels Rail Wheel (Railway Wheel) Product Specification
7.15.3 Xinyang Amsted Tonghe Wheels Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.16 ZHIQI RAILWAY EQUIPMENT
7.16.1 ZHIQI RAILWAY EQUIPMENT Company Profile
7.16.2 ZHIQI RAILWAY EQUIPMENT Rail Wheel (Railway Wheel) Product Specification
7.16.3 ZHIQI RAILWAY EQUIPMENT Rail Wheel (Railway Wheel) Production Capacity, Revenue, Price and Gross Margin (2020-2025)
8 Production and Supply Forecast
8.1 Global Forecasted Production of Rail Wheel (Railway Wheel) (2026-2031)
8.2 Global Forecasted Revenue of Rail Wheel (Railway Wheel) (2026-2031)
8.3 Global Forecasted Price of Rail Wheel (Railway Wheel) (2020-2031)
8.4 Global Forecasted Production of Rail Wheel (Railway Wheel) by Region (2026-2031)
8.4.1 North America Rail Wheel (Railway Wheel) Production, Revenue Forecast (2026-2031)
8.4.2 East Asia Rail Wheel (Railway Wheel) Production, Revenue Forecast (2026-2031)
8.4.3 Europe Rail Wheel (Railway Wheel) Production, Revenue Forecast (2026-2031)
8.4.4 South Asia Rail Wheel (Railway Wheel) Production, Revenue Forecast (2026-2031)
8.4.5 Southeast Asia Rail Wheel (Railway Wheel) Production, Revenue Forecast (2026-2031)
8.4.6 Middle East Rail Wheel (Railway Wheel) Production, Revenue Forecast (2026-2031)
8.4.7 Africa Rail Wheel (Railway Wheel) Production, Revenue Forecast (2026-2031)
8.4.8 Oceania Rail Wheel (Railway Wheel) Production, Revenue Forecast (2026-2031)
8.4.9 South America Rail Wheel (Railway Wheel) Production, Revenue Forecast (2026-2031)
8.4.10 Rest of the World Rail Wheel (Railway Wheel) Production, Revenue Forecast (2026-2031)
8.5 Forecast by Type and by Application (2026-2031)
8.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2026-2031)
8.5.2 Global Forecasted Consumption of Rail Wheel (Railway Wheel) by Application (2026-2031)
9 Consumption and Demand Forecast
9.1 North America Forecasted Consumption of Rail Wheel (Railway Wheel) by Country
9.2 East Asia Market Forecasted Consumption of Rail Wheel (Railway Wheel) by Country
9.3 Europe Market Forecasted Consumption of Rail Wheel (Railway Wheel) by Countriy
9.4 South Asia Forecasted Consumption of Rail Wheel (Railway Wheel) by Country
9.5 Southeast Asia Forecasted Consumption of Rail Wheel (Railway Wheel) by Country
9.6 Middle East Forecasted Consumption of Rail Wheel (Railway Wheel) by Country
9.7 Africa Forecasted Consumption of Rail Wheel (Railway Wheel) by Country
9.8 Oceania Forecasted Consumption of Rail Wheel (Railway Wheel) by Country
9.9 South America Forecasted Consumption of Rail Wheel (Railway Wheel) by Country
9.10 Rest of the world Forecasted Consumption of Rail Wheel (Railway Wheel) by Country
10 Marketing Channel, Distributors and Customers
10.1 Marketing Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
11 Market Dynamics
11.1 Market Trends
11.2 Opportunities and Drivers
11.3 Challenges
11.4 Porter's Five Forces Analysis
12 Conclusion
13 Appendix
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer