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Asia Pacific Railway Maintenance Machinery Market
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Asia Pacific Railway Maintenance Machinery Market

Home Automotive And Transportation Asia Pacific Railway Maintenance Machinery Market

Asia Pacific Railway Maintenance Machinery Market, By Product Type (Machinery Tamping Machine, Stabilizing Machinery, Rail Handling Machinery, Ballast Cleaning Machine); By Application (Ballast Track, Non-ballast Track); By Sales Type (New Sales, Aftermarket Sales); By Country (China, Japan, India, South Korea, Singapore, Malaysia, Australia, Indonesia, Vietnam, Philippines, Rest of Asia Pacific), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

  • Published Date: January 2023
  • Report ID: BWC22629
  • Available Format: PDF
  • Page: 220

Report Overview

Increasing government investment on railway infrastructure, surging demand for reliable and stable railway systems, and rising instances of railway accidents are propelling the expansion of Asia-Pacific railway maintenance machinery market at a steady growth rate during forecast period 2023 and 2029

Asia-Pacific Railway Maintenance Machinery Market - Industry Trends & Forecast Report, 2029

Asia-Pacific railway maintenance machinery market size is expected to expand at a CAGR of 8.4% during the forecast period between 2023 and 2029. Major growth factors for Asia-Pacific railway maintenance machinery market include improvements in railway infrastructure, particularly in developing nations and increasing governments’ investments in repairing existing railway tracks to give a secure, safe, and efficient travel experience to the people. The increasing number of incidents and train derailments is propelling market expansion. Maintenance work on a regular basis assist in avoiding such incidents and reduce the loss of life and property damage. Maintenance work on a regular basis assist in avoiding such incidents and reduce the loss of life and property. In accordance with this, the increased use of electric trains in favor of gasoline-powered trains is spurring demand for railway maintenance equipment. Other factors, such as increasing urbanization and the implementation of favorable government regulations, are also expected to propel the market forward.

Asia-Pacific Railway Maintenance Machinery Market

Growth Drivers

Rising government investments on railway infrastructure

The governments across the Asia-Pacific region are sanctioning new railway projects, such as the construction of new lines or the extension of existing ones. they are focused to safeguarding individuals through improving rail safety and increasing public awareness and trust in the rail transportation system. In addition, China is investing heavily in the construction of railway networks. Many countries are in the planning and construction stages of large railway projects. The Indian government, for instance, intends to allocate USD 704.2 million on railway construction until 2023. As a result, the rising number of new rail projects has raised the demand for railway maintenance equipment.

Restraints

High machine cost

Tamping machines, ballast cleaning machines, stabilizing machines, and rail moving machines are some of the devices used in railway maintenance. Each of these machines has a set rate based on its efficiency and necessity. These machines are heavily employed in the maintenance of new rail lines around the world, such as the Yamanote Line, the Western and Eastern Dedicated Freight Corridors, and the Baghdad Metro. These gadgets are quite expensive to purchase. As a result, the high cost of equipment and the availability of reconditioned items may impede the growth of the Asia-Pacific Railway maintenance machinery market over the forecast period.

Impact of COVID-19 on Asia-Pacific Railway Maintenance Machinery Market

COVID-19 had a detrimental effect on Asia-Pacific Railway maintenance machinery market because of the imposition of severe regulatory demands enforced by governments around the world especially across Asia-Pacific region. The government imposes strong social distancing regulations to considerably slow the spread of the virus during the pandemic. There was a prohibition on all modes of transportation, including buses, trains, and flights, which hampered market growth. All freight and logistics services were ceased, which reduced track maintenance. However, the market is likely to recover as travel restrictions are relaxed and investment in better train infrastructure increases.

Asia-Pacific Railway Maintenance Machinery Market

Segmental Coverage

Asia-Pacific Railway Maintenance Machinery Market – By Product Type

Based on product type, Asia-Pacific railway maintenance machinery market is divided into Machinery Tamping Machine, Stabilizing Machinery, Rail Handling Machinery, and Ballast Cleaning Machine segments. The machinery tamping machine segment held the highest market share and is expected to continue leading the market during the period in analysis. Tamping machines are employed for railway and road maintenance. It's used to load track ballast beneath railway tracks. Tamping machines are economical because they work faster, reduce time and track maintenance costs, and boost track speed. The ballast cleaning machine holds the second highest place in the market. A ballast cleaning machine is used to remove debris and filth from the rails. The ballast cleaning equipment is utilized for railway road line projects, such as switches, crossings, and plain tracks. The growing interest in installing multiple diesel-electric units and electric-powered diesel locomotives could boost the market growth. Several leading companies sell high-quality ballast cleaning machines.

Asia Pacific Railway Maintenance Machinery Market

Asia-Pacific Railway Maintenance Machinery Market - By Application

Based on application, Asia-Pacific railway maintenance machinery market is bifurcated into Ballast Track and Non-ballast Track segments. The ballast track segment is expected to dominate the market. Steel rail, rail fasteners, ballast beds, and railroad ties make up the ballast track. Ballast track is extensively used in railway maintenance since it allows water to drain easily and allows plants to flourish. Ballast track is laid beneath railroad sleepers to reduce ground stress. It is less expensive than the track that does not have ballast. The market is expanding as new rail and road infrastructure is created and the government takes initiatives to reduce carbon emissions.

Asia-Pacific Railway Maintenance Machinery Market Size

Asia-Pacific Railway Maintenance Machinery Market - By Sales Type

Based on sales type, Asia-Pacific railway maintenance machinery market is split into New Sales and Aftermarket Sales segments. The aftermarket sales segment is the market's largest contributor during the forecast period. Aftermarket sales supply spare parts, accessories, and other commodities for railway maintenance machinery repair and maintenance.

Asia-Pacific Railway Maintenance Machinery Market Share

Asia-Pacific Railway Maintenance Machinery Market - By Country

Geographically, Asia-Pacific railway maintenance machinery market covers major countries including China, Japan, India, South Korea, Singapore, Malaysia, Australia, Indonesia, Vietnam, Philippines, and Rest of Asia Pacific. A rise in government investments on railway road development operations is expected to boost the growth of the railway maintenance machinery market. Myanmar's government aims to spend USD 21.4 billion by 2030 on constructing new land, sea, air, and rail transportation infrastructure as reported by the National Transport Master Plan. Rail travel is popular in nations such as Japan because it is considered one of the most dependable ways of public transportation. Increased electrification of rail lines in nations such as Japan is also projected to help the market.

Competitive Landscape

Competition in Asia-Pacific railway maintenance machinery market is intense. Prominent players in the market include China Railway Construction Corporation Limited, CREC, system7 rail holding GmbH, MER MEC S.p.A., Fluor Corporation, Beijing YHD Railway Equipment, TOKYO KEIKI, NINGENMURA COMPANY, Plasser India, SAMPYO GROUP, YUJIN Rollingstock Ltd., and Maquivías. To further enhance their market share, these players are primarily focused on the development of innovative and efficient products, new product releases, market initiatives, mergers and acquisitions, and other collaborative activities.

 

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast – 2023–2029

Facts Covered

Revenue in USD Billion

Market Coverage

China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Rest of Asia Pacific

Product/ Service Segmentation

Product Type, Application, Sales Type, Country

Key Players

China Railway Construction Corporation Limited, CREC, system7 rail holding GmbH, MER MEC S.p.A., Fluor Corporation, Beijing YHD Railway Equipment, TOKYO KEIKI, NINGENMURA COMPANY, Plasser India, SAMPYO GROUP, YUJIN Rollingstock Ltd., Maquivías

 

By Product Type

  • Machinery Tamping Machine

  • Stabilizing Machinery

  • Rail Handling Machinery

  • Ballast Cleaning Machine

By Application

  • Ballast Track

  • Non-ballast Track

By Sales Type

  • New Sales

  • Aftermarket Sales

By Country

  • China

  • Japan

  • India

  • South Korea

  • Singapore

  • Malaysia

  • Australia

  • Indonesia

  • Vietnam

  • Philippines

  • Rest of Asia Pacific

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Asia-Pacific Railway Maintenance Machinery Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising government investment on railway infrastructure
        2. Surging demand for reliable and stable railway systems
        3. Rising instances of railway accidents
      2. Restraints
        1. Decline in machinery manufacturing amid COVID-19
      3. Opportunities
        1. Increasing adoption of internet of things (IOT) in railway maintenance
        2. Rapid urbanization
      4. Challenges
        1. Counterfeit products
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Asia-Pacific Railway Maintenance Machinery Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
        1. Machinery Tamping Machine
        2. Stabilizing Machinery
        3. Rail Handling Machinery
        4. Ballast Cleaning Machine
        5. Others
      2. By Application
        1. Ballast Track
        2. Non-ballast Track
      3. By Sales Type
        1. New Sales
        2. Aftermarket Sales
      4. By Country 
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia & New Zealand
        6. Indonesia
        7. Malaysia
        8. Singapore
        9. Philippines
        10. Vietnam
        11. Rest of Asia Pacific
  5. China Railway Maintenance Machinery Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Application
      3. By Sales Type
  6. India Railway Maintenance Machinery Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Application
      3. By Sales Type
  7. Japan Railway Maintenance Machinery Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Application
      3. By Sales Type
  8. South Korea Railway Maintenance Machinery Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Application
      3. By Sales Type
  9. Australia & New Zealand Railway Maintenance Machinery Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Application
      3. By Sales Type
  10. Indonesia Railway Maintenance Machinery Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Application
      3. By Sales Type
  11. Malaysia Railway Maintenance Machinery Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Application
      3. By Sales Type
  12. Singapore Railway Maintenance Machinery Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Application
      3. By Sales Type
  13. Philippines Railway Maintenance Machinery Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Application
      3. By Sales Type
  14. Vietnam Railway Maintenance Machinery Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Application
      3. By Sales Type
  15. Rest of Asia-Pacific Railway Maintenance Machinery Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Application
      3. By Sales Type
  16. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. GCC Railway Maintenance Machinery Company Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, and others)
  17. Impact of Covid-19 on Asia-Pacific Railway Maintenance Machinery Market
  18. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT)
    1. China Railway Construction Corporation Limited
    2. CREC
    3. system7 rail holding GmbH
    4. MER MEC S.p.A.
    5. Fluor Corporation
    6. Beijing YHD Railway Equipment
    7. TOKYO KEIKI
    8. NINGENMURA COMPANY
    9. Plasser India
    10. SAMPYO GROUP
    11. YUJIN Rollingstock Ltd.
    12. Maquivías
    13. Other Prominent Players
  19. Key Strategic Recommendations
  20. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumptions & Limitations

 

*Financial in Sales operating of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

 

List of Figures

Figure 1        Asia-Pacific Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 2        Asia-Pacific Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 3        Asia-Pacific Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 4        Asia-Pacific Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

Figure 5        Asia-Pacific Railway Maintenance Machinery Market Share, By Country, By Value, 2019–2029

Figure 6        China Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 7        China Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 8        China Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 9        China Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

Figure 10       India Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 11       India Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 12       India Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 13       India Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

Figure 14       Japan Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 15       Japan Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 16       Japan Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 17       Japan Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

Figure 18       South Korea Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 19       South Korea Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 20       South Korea Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 21       South Korea Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

Figure 22       Australia & New Zealand Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 23       Australia & New Zealand Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 24       Australia & New Zealand Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 25       Australia & New Zealand Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

Figure 26       Indonesia Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 27       Indonesia Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 28       Indonesia Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 29       Indonesia Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

Figure 30       Malaysia Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 31       Malaysia Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 32       Malaysia Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 33       Malaysia Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

Figure 34       Singapore Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 35       Singapore Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 36       Singapore Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 37       Singapore Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

Figure 38       Philippines Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 39       Philippines Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 40       Philippines Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 41       Philippines Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

Figure 42       Vietnam Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 43       Vietnam Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 44       Vietnam Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 45       Vietnam Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

Figure 46       Rest of APAC Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Figure 47       Rest of APAC Railway Maintenance Machinery Market Share, By Product Type, By Value, 2019–2029

Figure 48       Rest of APAC Railway Maintenance Machinery Market Share, By Application, By Value, 2019–2029

Figure 49       Rest of APAC Railway Maintenance Machinery Market Share, By Sales Type, By Value, 2019–2029

           

List of Tables

           

Table 1         Asia-Pacific Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 2         Asia-Pacific Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 3         Asia-Pacific Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 4         Asia-Pacific Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

Table 5         Asia-Pacific Railway Maintenance Machinery Market Size, By Country, By Value, 2019–2029

Table 6         China Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 7         China Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 8         China Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 9         China Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

Table 10        India Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 11        India Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 12        India Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 13        India Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

Table 14        Japan Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 15        Japan Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 16        Japan Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 17        Japan Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

Table 18        South Korea Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 19        South Korea Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 20        South Korea Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 21        South Korea Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

Table 22        Australia & New Zealand Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 23        Australia & New Zealand Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 24        Australia & New Zealand Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 25        Australia & New Zealand Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

Table 26        Indonesia Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 27        Indonesia Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 28        Indonesia Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 29        Indonesia Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

Table 30        Malaysia Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 31        Malaysia Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 32        Malaysia Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 33        Malaysia Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

Table 34        Singapore Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 35        Singapore Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 36        Singapore Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 37        Singapore Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

Table 38        Philippines Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 39        Philippines Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 40        Philippines Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 41        Philippines Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

Table 42        Vietnam Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 43        Vietnam Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 44        Vietnam Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 45        Vietnam Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

Table 46        Rest of APAC Railway Maintenance Machinery Market Size, By Value (USD Million), 2019–2029

Table 47        Rest of APAC Railway Maintenance Machinery Market Size, By Product Type, By Value, 2019–2029

Table 48        Rest of APAC Railway Maintenance Machinery Market Size, By Application, By Value, 2019–2029

Table 49        Rest of APAC Railway Maintenance Machinery Market Size, By Sales Type, By Value, 2019–2029

 

Table 50        China Railway Construction Corporation Limited Company Overview

Table 51        China Railway Construction Corporation Limited Financial Overview

Table 52        CREC Company Overview

Table 53        CREC Financial Overview

Table 54        system7 rail holding GmbH Company Overview

Table 55        system7 rail holding GmbH Financial Overview

Table 56        MER MEC S.p.A. Company Overview

Table 57        MER MEC S.p.A. Financial Overview

Table 58        Fluor Corporation Company Overview

Table 59        Fluor Corporation Financial Overview

Table 60        Beijing YHD Railway Equipment Company Overview

Table 61        Beijing YHD Railway Equipment Financial Overview

Table 62        TOKYO KEIKI Company Overview

Table 63        TOKYO KEIKI Financial Overview

Table 64        NINGENMURA COMPANY Company Overview

Table 65        NINGENMURA COMPANY Financial Overview

Table 66        Plasser India Company Overview

Table 67        Plasser India Financial Overview

Table 68        SAMPYO GROUP    Company Overview

Table 69        SAMPYO GROUP    Financial Overview

Table 70        YUJIN Rollingstock Ltd. Company Overview

Table 71        YUJIN Rollingstock Ltd. Financial Overview

Table 72        Maquivías Company Overview

Table 73        Maquivías Financial Overview

Market Segmentation

By Product Type

  • Machinery Tamping Machine

  • Stabilizing Machinery

  • Rail Handling Machinery

  • Ballast Cleaning Machine

By Application

  • Ballast Track

  • Non-ballast Track

By Sales Type

  • New Sales

  • Aftermarket Sales

By Country

  • China

  • Japan

  • India

  • South Korea

  • Singapore

  • Malaysia

  • Australia

  • Indonesia

  • Vietnam

  • Philippines

  • Rest of Asia Pacific

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Frequently Asked Questions (FAQs):

Ans: During the forecast period between 2023 and 2029, the Asia-Pacific Railway Maintenance Machinery Market size is projected to grow at a CAGR of 8.4%.
Ans: Major factors driving the growth of Asia-Pacific Railway Maintenance Machinery Market include increasing government investment on railway infrastructure, surging demand for reliable and stable railway systems, and rising instances of railway accidents.
Ans: Key players in Asia-Pacific Railway Maintenance Machinery Market include China Railway Construction Corporation Limited, CREC, system7 rail holding GmbH, MER MEC S.p.A., Fluor Corporation, Beijing YHD Railway Equipment, TOKYO KEIKI, NINGENMURA COMPANY, Plasser India, SAMPYO GROUP, YUJIN Rollingstock Ltd., and Maquivías.
Ans: The aftermarket sales segment accounted for the highest market share in the Asia-Pacific Railway Maintenance Machinery Market by sales type.