According to a market report by Lucintel, the future of the global railway sleeper market looks promising with opportunities in the railway, landscape decoration, personal courtyard, public garden, and mining markets. The global railway sleeper market is expected to reach an estimated $940 million by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are growing demand for sustainable and durable railway infrastructure, increasing need for efficient transportation systems, and government initiatives and investments in rail network development.
A more than 150–page report is developed to understand Trends,
opportunity and forecast in railway sleeper market to 2030 by product type
(concrete, high strength pre-stresses concrete, steel, wood, and others), end
use (railways, landscape decoration, personal courtyards, public gardens,
mining, and others), and region (North America, Europe, Asia Pacific, and the
Rest of the World).
In this market, concrete, high strength pre-stresses concrete, steel, and
wood are the major segments of railway sleeper market by poduct type. Lucintel
forecasts that high strength pre-stresses concrete is expected to witness the
highest growth over the forecast period due to its durability, lower
maintenance, and ability to handle heavier loads.
Within this market, railway is expected to witness the highest growth.
Download sample by clicking on railway
sleeper market.
APAC is expected to witness highest growth over the forecast period due
to expanding number of railway tracks and rising development of high-tech and
high speed railway infrastructure in the region.
Patil, Kunming Railway Sleeper, Daya Engineering Works, Juhi Railway
Track, INFRASET, Biatec, Kirchdorfer, The Indian Hume Pipe, UK Sleepers, and
Peter Feckl Maschinenbau are the major suppliers in the railway sleeper market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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