The global Elastic Rail Fastener market was valued at 1280.9 Million USD in 2021 and will grow with a CAGR of 1.77% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Elastic rail fastener is used to link the rail and tie (or other types of track basis) on the track, also known as the intermediate coupling member. It includes spikes, pads under rail and elastic fastener clips. Fasteners should be long-term, effectively maintaining a reliable link rail and sleepers, preventing relative movement of the rail sleepers, and can give full play to its performance under dynamic shock absorption cushioning effect, delaying the accumulation of residual deformation track. Thus it requires sufficient strength, durability and some flexibility, but also simple structure, easy installation and removal. The Elastic Rail Fastener industry concentration is relatively high in United States. United States giant market is dominated by three companies, i.e. Pandrol, Vossloh and L.B. Foster. These three manufacturers occupies above 70% of the whole market volume, and they has more types of products.

By Market Verdors:

Pandrol

Vossloh Fastening Systems

L.B. Foster

Progress Rail Services Corporation

Lewis Bolt & Nut Co

AGICO

By Types:

Concrete Pillow Fastener

Buckle Plate Fastener

Spring Fastener

By Applications:

Conventional Rail

High Speed

Heavy-haul

Urban Transport

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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