Global Overhead Catenary Working Vehicles Market Insights and Forecast to 2028

A catenary system is used to transmit the electrical energy to trams and trains. It is also known as overhead line or overhead wire system. The proper maintenance of these system is essential for the appropriate functioning of a passenger or goods transportation system. The Overhead Catenary Working Vehicles is used for the inspection, maintenance and repair of a catenary system. Catenary maintenance vehicle is generally self-propelled and independent of overhead traction lines. It consist of coupler and buffer device, support and locking device, power transmission system, pneumatic and disc brake system, high-speed traveling electrical system, work travel hydraulic system, work travel electrical system, etc.
Market Analysis and Insights: Global Overhead Catenary Working Vehicles Market
Due to the COVID-19 pandemic, the global Overhead Catenary Working Vehicles market size is estimated to be worth US$ 808.2 million in 2022 and is forecast to a readjusted size of US$ 1152.9 million by 2028 with a CAGR of 6.1% during the review period. Fully considering the economic change by this health crisis, Road and Rail Vehicles accounting for % of the Overhead Catenary Working Vehicles global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Conventional Rail segment is altered to an % CAGR throughout this forecast period.
Global Overhead Catenary Working Vehicles key players include Plasser & Theurer, CRRC, CRCC High-Tech Equipment, Harsco, Gemac Engineering Machinery, etc. Global top five manufacturers hold a share over 60%.
Asia-Pacific is the largest market, with a share about 45%, followed by Europe and North America, both have a share about 50 percent. In terms of product, Road/Rail Vehicles is the largest segment, with a share over 70%. And in terms of application, the largest application is Conventional Rail, followed by High-speed Rail, Urban Rail / Metro, etc.
In terms of production side, this report researches the Overhead Catenary Working Vehicles capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Overhead Catenary Working Vehicles by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Overhead Catenary Working Vehicles Scope and Segment
Overhead Catenary Working Vehicles market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Overhead Catenary Working Vehicles market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Road and Rail Vehicles
Heavy Rail Car
Segment by Application
Conventional Rail
High-Speed Rail
Urban Rail and Metro
By Company
Plasser & Theurer
CRRC
Harsco
CRCC High-Tech Equipment
Gemac Engineering Machinery
Geismar
Tesmec
ARVA Industries
Srida Heavy-Duty Engineering Machinery
Vaia Car SPA
Production by Region
North America
Europe
China
South America
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE