The hydraulics dampers are a crucial part of all locomotives, freight cars and wagons. The railway hydraulic dampers enables the train to run in a safe and comfortable manner, without which, the smooth and comfortable ride wouldn’t be as we experience today.
Railway hydraulic damper is a part of the primary suspension in railway bogies. It is the Railway Hydraulic Dampers which sustain the weight of the train, making the movement almost slide, with friction and abrasion. In the recent years, the improvement of train suspension system is needed to effectively reduce insignificant vibrations and hence increase both the ride comfort and the stability. Railway cars suspensions can be categorised as primary and secondary suspensions systems.
Where the primary suspension system of railways consists of axle-box dampers which include the hydraulic dampers in every railway's car and is located between the wheelsets and the bogie frame, while the secondary suspension/ railway hydraulic damper is fitted between the bogie and the vehicle body to support the vehicle body to alleviate vertical motion. The reduction in vibration by railway hydraulic owing to its damping characteristics cause a reduction of wear to railway bogie hardware and tracks thereby increasing their work life.
To meet the needs of urbanization and related transport infrastructure, advanced mass transportation systems have been and being developed across the globe. This has inculcated the use of high speed railway cars. However, the high speed of railway cars may cause substantial car body vibration, which can reduce ride quality and also cause adverse ride stability.
Additionally, technological advancements in railways primarily in up gradation of speed and power such as high-speed train require an effective railway hydraulic dampers to provide efficient suspension and vibration reaction even at a high speed and high load conditions is expected to drives growth in the innovation in the railway hydraulic damper market.
Also, order to meet the transportation demand, government's authorities of various countries are focusing on strengthening their railway networks by investing in expanding their railway network across their respective countries will impact the railway hydraulic damper market positively over the forecast period. Also, ongoing R&D towards enhancing the mechanism, design, and arrangement of railway hydraulic dampers are driving the market towards growth in innovations.
Apart from passenger oriented railway cars, railway hydraulic damper is also expected to finds a fair share in freight based rail locomotives albeit the fleet limited to certain geographical regions. This is because freight based rail locomotives are subject to heavy loads and mechanical stress thus require periodic installation of railway hydraulic dampers.
In the railway hydraulic damper suspension market, OEMs hold a larger market share owing to the application in primary suspension in all passenger railway cars. Attributing to this, the railway hydraulic damper market is expected to witness a healthy growth over the forecast period.
Also, government initiatives to the partnership with local railway hydraulic dampers manufacturers to save transportation cost and quick deployment of order to implement just in time concept to reduce lead time and increase efficiency in the production process are the main driving factor behind the growth of local railway hydraulic damper manufacturers.
On the other hand, there are some limiting factors hampering the growth of global railway hydraulic damper markets such as the high initial cost of deployment and presence of counterfeit product from China-based manufacturers. However, the current trend of installation of better technology equipment for improved results will contribute towards the growth of the demand for the global railway hydraulic damper suspension market during the forecast period
In the transportation, industry railway has widened in the past decade and this trend is anticipated to continue throughout the forecast period leading to the growth of Railway Hydraulic Damper.
Emerging economies with booming industrialization the development of railway network have also increased and are thus expected to generate high demand for Railway Hydraulic Damper during the forecast period. In terms of market share, North America and Western Europe are anticipated to dominate the Railway Hydraulic Damper market.
Also, the Introduction of new projects in railways in North America and Western Europe is likely to boost the Railway Hydraulic Damper market in near future. Asia Pacific region is projected to show high growth in the Railway Hydraulic Damper market, owing to the presence of emerging economies such as China, India, and South Korea. Rest of the world is estimated to account for a relatively small share of the Railway Hydraulic Damper market.
Some of the market participants operating across the value chain of the global Railway hydraulic damper market are:
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On the basis of the type of train, the railway hydraulic dampers market can be segmentedas:
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