Global Steel Rail Market

Market Overview

• The Global Steel Rail Market Size is Anticipated to Exceed USD 38.35 Billion by 2033, Growing at a CAGR of 9.05% from 2023 to 2033.
• The market is driven by the urban rail transit construction increase along with global infrastructure investment as a result of rising economic developments among the nations.  

Major vendors in The Global Steel Rail Market

L.B. Foster Company, Liberty Group, Steel Dynamics, Inc., Nippon Steel and Sumitomo Metal Corporation (NSSMC), JFE Steel, KARDEMIR, Jersey Shore Steel Company, Harmer Steel Products Company, British Steel, Steel Authority of India Limited, ArcelorMittal, EVRAZ Group SA, Voestalpine High-Performance Metals Argentina S.A, United Industrial, AGICO Group, Shanghai Suyu Railway Fastener (SUYU), Kunshan Alex Railway Fastening, Anshan Zizhu International, Metinvest and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisor has segmented the steel rail market based on the below-mentioned segments:

Global Steel Rail Market, By Product

• High-Speed Steel Rail
• Heavy-Duty Steel Rail

Global Steel Rail Market, By Application

• Railway Lines
• Tram Rails

 Global Steel Rail Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa