Global Railway Tie Supply Market 2018-2022| Growth Analysis and Forecast| Technavio

Technavio has published a new market research report on the global railway tie supply market from 2018-2022. (Graphic: Business Wire)

LONDON--()--The global railway tie supply market is expected to post a CAGR of more than 3% during the period 2018-2022, according to the latest market research report by Technavio.

A key factor driving the growth of the market is the growth in the global rail logistics market. Owing to the growth of major end-user industries such as retail, metals and minerals, chemical and petrochemical, manufacturing, and oil and gas industries, the rail logistics market is anticipated to grow significantly during the forecast period. This will boost the growth of the railway tie supply market since the demand for various rail track components will be high.

This market research report on the global railway tie supply market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

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In this report, Technavio highlights the increased consolidation in rail tie supply market as one of the key emerging trends in the global railway tie supply market:

Global railway tie supply market: Increased consolidation in rail tie supply market

The intensive competition among vendors, fragmented packaging market, and rapidly evolving technologies are creating substantial risk to vendors operating in the global rail tie supply market. This intense competition among the vendors has led to an increase in the number of mergers and acquisitions, where small firms are either being acquired or merged with major players.

“Mergers and acquisitions are expected to impact the railway tie supply market significantly. Vendors will have a wide network and strong positioning in the market post M&A. The vendors can quickly deliver railway ties and can switch to just-in-time deliveries due to the expansion of their businesses to different geographies,” says a senior analyst at Technavio for research on transportation and distribution.

Global railway tie supply market: Segmentation analysis

This market research report segments the global railway tie supply market by material type (concrete and wood) and geography (the Americas, APAC, and EMEA).

The Americas led the market in 2017 with around 41% of the market share, followed by EMEA and APAC respectively. The Americas is expected to dominate the market throughout the period 2018-2022.

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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global railway tie supply market is expected to post a CAGR of more than 3% during the period 2018-2022, according to Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com