A tamping machine or ballast tamper is a machine used to pack (or tamp) the track ballast under railway tracks to make the tracks more durable. Prior to the introduction of mechanical tampers, this task was done by manual labour with the help of beaters. As well as being faster, more accurate, more efficient and less labour-intensive, tamping machines are essential for the use of concrete sleepers since they are too heavy (usually over 250 kg (551 lb)) to be packed into the ballast by hand.
Major factors driving growth of this market include the increasing mileage of Railways opened to traffic, the upgrading of railway system demands higher requirements and increasing market demand in emerging economies, growth impetus of Labor cost, and shift towards tamping machine systems. However, high cost of instruments, lack of reimbursement especially in emerging economies, and lack of technicians are expected to restrain the growth of this market.
The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials. Strong market competition is resulting in annual 5 percent price erosion.
According to this study, over the next five years the Tamping Machine market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tamping Machine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Tamping Machine market by product type, application, key manufacturers and key regions and countries.
This study considers the Tamping Machine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Straight Track Tamping Machines
Points and Crossing Tamping Machines
Multi-purpose Tamping Machines (MPT)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
New railway lines construction
Track maintenance
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Plasser & Theurer
MATISA
Robel
Remputmash Group
Sorema
Geismar
Kalugaputmash
Schweerbau
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Tamping Machine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Tamping Machine market by identifying its various subsegments.
Focuses on the key global Tamping Machine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Tamping Machine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Tamping Machine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Tamping Machine . Industry analysis & Market Report on Tamping Machine is a syndicated market report, published as Global Tamping Machine Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Tamping Machine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.