Italy Concrete Railway Sleepers Market Size By Reinforcement Technique (Pre-Stressed Concrete Sleeper, Reinforced Concrete Sleeper), By Application (Main Line And Transit (Passenger And Freight), Industrial) And Forecast

Italy Concrete Railway Sleepers Market Size And Forecast

Italy Concrete Railway Sleepers Market size was valued at USD 105.62 Million in 2021 and is projected to reach USD 177.08 Million by 2030, growing at a CAGR of 5.83% from 2022 to 2030.

The demand for concrete sleepers in Italy is growing as there is changing trend of adopting high-speed trains. Also, the government of Italy is favoring the Italy Concrete Railway Sleepers Market by providing appropriate funding and support for the development of new railway lines. The Italy Concrete Railway Sleepers Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Italy Concrete Railway Sleepers Market Definition

The railway sleepers also popularly known as railroad ties, crossties, and railway ties are rectangular (mostly) pieces made with wood, concrete, steel, cast iron, or composite materials. These sleepers are arranged transversely under the railway rails to support them firmly, provide longitudinal and lateral stability, maintain gauges in an appropriate manner, and distribute the weight of the trains equally on the rails. It also absorbs all the vibrations generated from the trains. Concrete sleepers are the most durable and low-maintenance sleepers available in the market. These are manufactured using concrete and steel bars to enhance the strength of the sleepers.

The key advantage of concrete sleepers pushing their adoption at a faster rate due to their higher stability with less maintenance. As these sleepers are made from concrete they can withstand external factors such as moisture, water, fire, insect attack, and corrosion. concrete sleepers are higher longevity and thus are preferred. As this sleeper type is heavier than the rest of the sleeper materials, thus is delivers excellent stability to the rails.

Italy Concrete Railway Sleepers Market Overview

The demand for concrete sleepers in Italy is growing as there is changing trend of adopting high-speed trains. Smart sleeper development and deployment can benefit owners and maintainers of rail infrastructure by guiding maintenance and replacement decisions, gathering support condition data that gives insight into the condition of the track substructure, assisting in the development and validation of numerical models, and offering energy harvesting capabilities.

These have the effect of increasing the useful life of the sleepers and the nearby railway infrastructure, which serves as a necessary element of sustainable track system design. Also, the government of Italy is favoring the Italy Concrete Railway Sleepers Market by providing appropriate funding and support for the development of new railway lines. For instance, various projects outlined by the government under the National Recovery and Resilience Plan promotes investment in high-speed rail/rail network. Also, the project expenditure on the new high-speed line in Italy is also increased by over 50% to reduce travel time.

Apart from this, rising awareness towards sustainable development will boost the Italy Concrete Railway Sleepers Market. Over half, or 56% of the infrastructure funds designated under the National Recovery and Resilience Programme (NRRP), a component of Europe’s stimulus package to aid national economies in recovering from the epidemic, are going to Italy’s underdeveloped South, which is at the top of the list.

Also, key players are adopting growth strategies such as mergers and acquisitions, and partnerships in order to gain market share in the Italy market. For instance, In March 2022, the railway sector business unit of PSC Group is acquired by Salcef Group. These factors are expected to boost the market. However, these sleepers are reducing the density of railway slippers on railway tracks which might hinder the market. Also, the wide availability of substitutes may hinder market growth.

Italy Concrete Railway Sleepers MarketSegmentation Analysis

The Italy Concrete Railway Sleepers Market is Segmented on the basis of Reinforcement Technique and Application.

Italy Concrete Railway Sleepers Market, By Reinforcement Technique

• Pre-stressed Concrete Sleeper
• Reinforced Concrete Sleeper

To Get Summarized Market Report By Reinforcement Technique-

Based on Reinforcement Technique, the market is segmented into Pre-stressed concrete sleepers and Reinforced concrete sleepers. A pre-stressed concrete sleeper is projected to gain an incremental market value and is projected to grow between 2023 and 2030. The pre-stressed concrete sleepers are a crucial part of the railway system and contribute immensely to the railway line’s behavior, performance, and overall safety. The adoption of prestressed concrete sleepers has risen in the past few years, replacing conventional wooden sleepers, as they possess excellent durability and reduce maintenance. The pre-stressed concrete sleepers also possess higher resisting tension; thus, it does not deform and shows a longer life duration. Continuous efforts are ongoing dedication to enhance the overall serviceability and functionality of these sleepers.

Italy Concrete Railway Sleepers Market, By Application

• Main Line & Transit (Passenger and Freight)
• Industrial

To Get Summarized Market Report By Application-

Based on Application, the market is segmented into Main Line & Transit (Passenger and Freight) and Industrial. Main Line & Transit (Passenger and Freight) is projected to gain an incremental market value and is projected to grow between 2023 and 2030. Main lines are used under shared access by several railway companies, with sidings and branches operated by private or single railway companies. Railway points or switches are usually placed in the direction of the main line by default. Main lines utilized for public and freight transportation are projected to account for more than 50 percent of the Italy Concrete Railway Sleepers Market share in 2021. Increasing demand for public transport due to a growing population has increased the need for railway sleepers

Key Players

The “Italy Concrete Railway Sleepers Market” study report will provide valuable insight with an emphasis on the market including some of the major players such as Salcef Group S.p.A. (Overail S.r.l.), Margaritelli Ferroviaria S.p.A., WEGH Group S.p.A., Plan s.r.l, Greenrail, TSF-A, MCT Italy S.r.l., Abetong, Rail Europe Solutions. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above.

Key Developments

• Salcef acquired the PSC Group’s railway business unit.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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