Global Train Brake Shoes Market Size, Share

Industry Insights

This professional and specialized report study examines the technical and business perspective of the train brake shoes industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the train brake shoes market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall train brake shoes market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (K Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the train brake shoes market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the train brake shoes market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the train brake shoes market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the train brake shoes market.

The research study provides a critical assessment of the train brake shoes industry by logically segmenting the market on the basis of train type, product type, distribution channel, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the train brake shoes industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

A brake shoe is an integral component of a braking system that transfers the brake lining used on trains. Brake shoes are friction plates that press against the brake drums to slow the speed of the rotating wheels and stop the train.  Brake shoes are necessary for trains to stop them by applying a force. This force is used to push blocks on to wheels or pads on to discs.

The increasing number of trains across the globe, rising governmental investment towards the enhancement of the rail network as well as increasing renovation of railway components are some of the key factors driving the train brake shoe market. However, increasing competition among players as well as volatility in raw material prices are some key aspects anticipated to impede the market over the forecast period.

The train brake shoes market is segmented based on train type, product type, and distribution channel.  On the basis of train type, the market is classified into freight type and transit type. In terms of product type, the market is bifurcated into OEM and aftermarket. Based on the distribution channel, the train brake shoe market is classified into direct sales and third-party sales.

Some of the essential players operating in the train brake shoes market, but not restricted to include Knorr Bremse AG, Wabtec Corporation, DAKO-CZ A.S., AKEBONO Brake Industry, Co. Ltd., Nabtesco Corporation, Hindustan Composites Ltd. and others.

The taxonomy of the train brake shoes market by its scope and segmentation is as follows:

By Train Type Segmentation Analysis

• Freight Type
• Transit Type

By Product Type Segmentation Analysis

• OEM
• Aftermarket

By Distribution Channel Segmentation Analysis

• Direct Sales
• Third-Party Sales

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)