Rail Gangways Market Forecast to Hit $961.1 Million by 2032, Driven by Global Rail Network Expansion-Allied Market Research

According to a new report published by Allied Market Research, titled, "Rail Gangways Market," The rail gangways market size was valued at $560.80 million in 2022, and is estimated to reach $961.1 million by 2032, growing at a CAGR of 5.6% from 2023 to 2032.

🔰 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/A13964

Europe currently dominated the rail gangways in 2022. The countries analyzed under the region are UK, Germany, France, Italy, and the rest of Europe. The European rail gangways market is thriving with a focus on interoperability, infrastructure investments, and collaborative efforts among rail manufacturers and gangway systems providers to enhance passenger comfort.

The European rail gangways market is diverse, with countries such as Germany, France, and the UK leading the way in terms of infrastructure development. The key market trend in Europe is the push for interoperability and standardization across European railways, leading to the adoption of compatible gangway systems.

The EU commission is committed to make its rail network more convenient for passengers by introducing various laws, along with inviting private industry players to advance current networks. Rapid urbanization in developing countries of Europe, increase in investment in development, maintenance & upgradation of railway coaches, and surge in fast & reliable railway network are some of the key factors driving the growth of the rail gangways market in region. In addition, strong presence of leading market players such as HUBNER GmbH and Co. KG, Kasper-Elektronik GmbH, ATG Autotechnik GmbH and others along with the development & introduction of technologically advanced products also fuel the market growth in Europe.

Moreover, there are many European rail manufacturers and gangway system providers that worked together to bring innovative gangway systems for the passengers. For instance, in May 2023, HÜBNER GmbH & Co. KG secured a contract from Construcciones y Auxiliar de Ferrocarriles (CAF), a Spanish railway manufacturer to provide 172 gangway systems for the upcoming DLR trains in London.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/rail-gangways-market/purchase-options

The metro is one of the fastest growing market in rail gangways industry. Metro is a high-capacity public transportation common in urban areas. Metros are electronically operated and have exclusive tracks to which pedestrians or other vehicles have no access. Metros are mostly grade-separated in tunnels or on elevated railways. Metro track consists of two rails or beams. The metro & subway train is the most efficient rail transportation in terms of space occupancy, energy consumption, and number of passengers transported from source to destination, which is boosting the market growth. The increasing urbanization and population density in cities around the world are driving the expansion and modernization of metro and subway systems. As these systems grow to accommodate more passengers, there is a growing demand for innovative rail gangway solutions that can enhance train capacity, improve passenger flow, and ensure safety.

For instance, in February 2023, in the U.S., New York's MTA was expected to start to use open gangway trains. It can improve train capacity and provide more space for people who use wheelchairs and people with bikes, strollers, or luggage. Loading times can also decrease as people have more places to spread out.

Moreover, the growing demand for lightweight and energy-efficient solutions in the railroad industry is driving the rise of the aluminum segment. The increase in passenger transportation via trains and global urbanization are driving the growth of the rail gangways market. The expansion of railway networks offers growth opportunities for aluminum rail gangways. The aluminum segment offers opportunities for manufacturers to develop innovative designs that improve the performance and safety of railway gangways. Manufacturers can develop new designs that improve the durability, strength, and corrosion resistance of aluminum gangways.

𝐑𝐚𝐢𝐥 𝐆𝐚𝐧𝐠𝐰𝐚𝐲𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: -

Airflow Equipments (India) Pvt. Limited.
ATG Autotechnik GmbH
Dellner
Chongqing Hengtairail Equipment Co., Ltd.
Hubner GmbH And Co. KG
Hutchinson
Kasper-Elektronik GmbH
KTK Group
Narita MFG., Ltd.
Victall

The Two-Piece Gangways segment to maintain its leadership status throughout the forecast period

Based on product type, the two-piece gangways held the highest market share in 2022, accounting for more than three-fourths of the global rail gangways market revenue and is estimated to maintain its leadership status throughout the forecast period as Many rail operators are opting to modernize their existing rolling stock with two-piece gangways to enhance passenger transfer capabilities while optimizing costs. However, the single piece gangways segment is projected to manifest the highest CAGR of 6.7% from 2023 to 2032, owing to their seamless passenger flow and enhanced aerodynamics.

The Aluminum segment to maintain its leadership status throughout the forecast period

Based on material, the Aluminum segment held the highest market share in 2022, accounting for more than one-third of the global rail gangways market revenue and is estimated to maintain its leadership status throughout the forecast period. This segment is also projected to manifest the second highest CAGR of 6.2% from 2023 to 2032, owning demand for lightweight and energy-efficient solutions in the railroad industry.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/A13964

The passenger trains segment to maintain its lead position during the forecast period

Based on train type, the passenger trains accounted for the largest share in 2022, contributing to nearly two-fifths of the global rail gangways market revenue, and is estimated to maintain its leadership status throughout the forecast period, owing to the increasing need for efficient and sustainable long-distance transportation solutions. However, the metro and subway train segment are projected to manifest the highest CAGR of 6.6% from 2023 to 2032. The increasing urbanization and population density in cities around the world are driving the expansion and modernization of metro and subway systems.

Europe to maintain its dominance by 2022

Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global rail gangways market revenue and is estimated to maintain its leadership status throughout the forecast period. However, Asia-Pacific segment is projected to manifest the highest CAGR of 6.6% from 2023 to 2032. This is owning to countries such as China, India, Australia, and Japan are largely focused on developing metros and monorails for intra-city travel to reduce the travelling time and regulate the pollution in the region.

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐑𝐚𝐢𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

https://www.alliedmarketresearch.com/railway-wiring-harness-market - Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/railway-connectors-market-A07142 - Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/rail-components-market-A08508 - Global Opportunity Analysis and Industry Forecast, 2023-2032

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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