Rail Glazing Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

The global rail glazing market is expected to grow at a CAGR of around 5.3% during 2024-2033. This report on global rail glazing market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global rail glazing market by segmenting the market based on type, application, material, glazing technology, coach type, and region. Also, detailed profiles of companies operating in the rail glazing market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

 

 

Market Drivers

The rising growth of passengers in railway industry is fueling the growth of the rail glazing market. According to Organization for Economic Cooperation and Development (OECD), passenger transport by rail for million passenger-kilometers has witnessed steady growth over the past decade. Passenger transport by rail for million passenger-kilometers witnessed positive impact from the last two decades and is expected to witness growing demand during the forecast period. In addition, railway has witnessed significant rise in ridership, and is expected to continue the growth in forthcoming period.

 

Market Restraints

The rail glazing is facing one of the weaknesses as lack of knowledge and awareness about glazing properties and superior performance of glazing glass among the end user industry that pose a challenge for the glazing glass manufacturers to address the limitations of their product. According to the industry analysts, in developing nations like India, not only people from outside but also industry insiders tend to have inadmissible understanding associated with glazing glass and solutions. Since setting up an glazing glass related plant is highly capital intensive in nature, hence the high initial capital investment represents one of the significant challenges for the rail glazing industry. The industry requires substantial investments in plant machinery, colossal land, workforce, cash inflows, sales team, support, etc., and the period for the investments to be recovered is long.

 

Market Opportunities

Rail transportation is witnessing rising in stock of trains owing to the various upcoming railway projects in the countries to cater the growing passengers around the world. For instance, in India, Ministry of Railways announced that it has been working in the direction to increase the capacity to make trains available on demand to reduce the possibility of passengers getting waitlisted. The growing technological advancements in the field of railways to cater to the varying railway standards and shifting passenger as well as railway operators towards more comfort & safety in rail transportation are expected to create new growth potential for the glazing market over the forecast period. Many players in the market are focused to develop safe, operational-efficient, and cost-effective glazing solution to meet the changing requirement of rail passengers.

 

Industry Development

• In Mar 2022, the Indian railways announced a National Rail Plan (NRP) for India 2030. The plan is to create a ‘future-ready’ railway system by 2030
• In Nov 2021, Alstom’s TGV-M, requested the assistance of Eurailtest and its partner, the AEF, to measure the resistance of the TGV-M’s windows to aerodynamic forces and pinpoint cracked glass and sealing defects potentially disrupting train operations.
• In 2020, Alstom got a seven-year deal with Avanti West Coast worth about US$ 755 million refurbish to maintain fleet of trains on the West Coast mainline until 2026.

 

Rail Glazing Market Report Highlights:

• The side windows segment dominated the global rail glazing market by type with 83.3% in 2023. In railway travel, side windows refer to the glass that is put within the window frame on both sides or walls of the trains.
• Based on coach type, EMU dominated segment held the largest market share of 30.3% in 2023 and is anticipated to dominate the market over the forecast period.
• Based on application, original equipment manufacturer (OEM) dominated segment held the largest market share of 79.1% in 2023 and is anticipated to dominate the market over the forecast period. Original equipment manufacturer (OEM) includes, sales of rail glazing solution for newly built rolling stock solutions. With the increase in production passenger and freight rails the revenue generated from glazing solutions under OEM segment is rising.
• Based on glazing technology, coated dominated segment held the largest market share of 42.5% in 2023 and is anticipated to dominate the market over the forecast period. The coated section deals with specialty glass that has a thin layer of specialist material, such as metal oxide or another element, applied to its surface to meet the train operator’s and passengers’ operational and thermal requirements.
• Based on material, laminated glass dominated segment held the largest market share of 57.4% in 2023 and is anticipated to dominate the market over the forecast period. Laminated glass is a type of safety glass that, when broken, clings together. In the event of a break, an interlayer, usually made of polyvinyl butyral (PVB) or ethylene-vinyl acetate (EVA), is sandwiched between the two or more layers of glass and holds it together.
• Asia Pacific generated the highest revenue in 2023 with a 33.5% revenue share. The adoption of passenger railways for commuting is expanding as the region’s population grows. Thereby boosting the market for rail glazing in the region.

 

Historical & Forecast Period

Base Year: 2023

Historical Period: 2019-2023

Forecast Period: 2024-2033

Report’s Unit: US$

 

Global Rail Glazing Market Segmentation

Market by Type

• Side Windows
• Windscreens
• Others

Market by Coach Type

• DMU
• EMU
• High Speed Trains
• Metro
• Others

Market by Application

• DMU
• Original Equipment Manufacturer (OEM)
• Aftermarket

Market by Glazing Technology

• Coated
• Non-Coated
• Low Emissivity/Low E Glass

Market by Material

• Laminated Glass
• Tempered Glass
• Others

Market by Region

Europe

• Germany
• United Kingdom
• France
• Italy
• Spain
• Russia
• Netherlands
• Sweden
• Poland
• Rest of Europe

North America

• United States
• Canada

Asia Pacific

• China
• Japan
• India
• South Korea
• Australia
• ASEAN
• Rest of Asia Pacific

Latin America

• Mexico
• Brazil
• Argentina
• Chile
• Rest of Latin America

Middle East & Africa

• Saudi Arabia
• Turkey
• Iran
• United Arab Emirates
• Rest of Middle East & Africa

List of Mentioned Companies

• AGC Inc. (Asahi Glass Co., Ltd.)
• Central Glass Co., Ltd
• Dellner Romag Ltd.
• FLACHGLAS Wernberg GmbH
• Fuyao Glass Industry Group Co., Ltd.
• GL Spezialverglasung GmbH
• Independent Glass Co. Ltd.
• Lippert Components, Inc.
• Nippon Sheet Glass Company, Limited
• OSG Group
• Russian Glass Company (RGC)
• Saint-Gobain Corporation
• Xinyi Glass Holdings Limited (XYG)

 

Report Coverage

Report Feature	Details
Base Year	2023
Historical Period	2019-2022
Forecast Period	2024-2033
Units	US$ Million
Segments Covered	Type, Coach Type, Application, Glazing Technology, Material, Region
Region Covered	Europe, North America, Asia Pacific, Latin America, Middle East and Africa
Companies Covered	AGC Inc. (Asahi Glass Co., Ltd.), Central Glass Co., Ltd, Dellner Romag Ltd., FLACHGLAS Wernberg GmbH, Fuyao Glass Industry Group Co., Ltd., GL Spezialverglasung GmbH, Independent Glass Co. Ltd., Lippert Components, Inc., Nippon Sheet Glass Company, Limited, OSG Group, Russian Glass Company (RGC), Saint-Gobain Corporation, Xinyi Glass Holdings Limited (XYG)
Purchase Options	Single User License: US$ 2,999 Five User License: US$ 3,499 Corporate License: US$ 4,499

 

Research Methodology

During the course of the research study, we conducted extensive primary and secondary research. The research commenced with extensive exploration through secondary sources followed by primary research. With these research methods, we were able to estimate the market size, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market.

Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get during the forecast period. Apart from these approaches, various analytical and statistical approaches were also used during data extraction cleaning, and analysis. 

Post-secondary & primary research, we conducted expert interviews to validate all the information we collected during the course of the study. So, a blend of these three-way approaches helped us in data triangulation and to provide an accurate market scenario in our report.

 

Key Questions Answered in the Report

• What will be the global rail glazing market size and the growth rate in the coming year?
• What are the main key factors driving the market?
• What are the key market trends impacting the growth of the market?
• What are the market opportunities and threats in the market?
• What industrial trends, drivers, and challenges are manipulating its growth?
• Which are trending factors influencing the market shares of the top regions across the globe?
• Who are the key market players in the industry?
• What is the impact of Covid19 on the current industry?

1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
2.1. Global Market in 2023
2.2. Impact of COVID-19
2.3. Growth Opportunities and Challenges
2.4. Key Industry Trends
3. Global Market Dynamics
3.1. Introduction
3.2. Market DROs
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Industry Trends
3.4. SWOT Analysis
3.5. Market Value Chain Analysis
3.6. Porter’s Five Forces Analysis
3.7. PESTLE Analysis
3.8. Key Price Indicators
3.9. Ansoff Matrix
3.10. Government Laws and Industry Regulations
4. Global Rail Glazing Market Analysis
4.1. Market Portraiture
4.2. Market Size (US$ Million, 2019-2023)
4.3. Market Forecast (US$ Million, 2024-2033)
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Rail Glazing Market by Type (US$ Million, 2019-2033)
5.1. Introduction
5.2. Side Windows
5.3. Windscreens
5.4. Others
5.5. Key Segment Investment Opportunity
6. Global Rail Glazing Market by Coach Type (US$ Million, 2019-2033)
6.1. Introduction
6.2. DMU
6.3. EMU
6.4. High Speed Trains
6.5. Metro
6.6. Others
6.7. Key Segment Investment Opportunity
7. Global Rail Glazing Market by Application (US$ Million, 2019-2033)
7.1. Introductions
7.2. Original Equipment Manufacturer (OEM)
7.3. Aftermarket
7.4. Key Segment Investment Opportunity
8. Global Rail Glazing Market by Glazing Technology (US$ Million, 2019-2033)
8.1. Introductions
8.2. Coated
8.3. Non-Coated
8.4. Low Emissivity/Low E Glass
8.5. Key Segment Investment Opportunity
9. Global Rail Glazing Market by Material (US$ Million, 2019-2033)
9.1. Introductions
9.2. Laminated Glass
9.3. Tempered Glass
9.4. Others
9.5. Key Segment Investment Opportunity
10. Global Rail Glazing Market by Region (US$ Million, 2019-2033)
10.1. Introduction
10.2. Europe
10.3. North America
10.4. Asia Pacific
10.5. Latin America
10.6. Middle East & Africa
10.7. Key Segment Investment Opportunity
11. Europe Rail Glazing Market (US$ Million, 2019-2033)
11.1. Introduction
11.2. Key Drivers and Takeaways
11.3. Europe Market Breakup by Type
11.4. Europe Market Breakup by Coach Type
11.5. Europe Market Breakup by Application
11.6. Europe Market Breakup by Glazing Technology
11.7. Europe Market Breakup by Material
11.8. Europe Market Breakup by Country
11.8.1. Germany
11.8.2. United Kingdom
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Russia
11.8.7. Netherlands
11.8.8. Sweden
11.8.9. Poland
11.8.10. Rest of Europe
12. North America Rail Glazing Market (US$ Million, 2019-2033)
12.1. Introduction
12.2. Key Drivers and Takeaways
12.3. North America Market Breakup by Type
12.4. North America Market Breakup by Coach Type
12.5. North America Market Breakup by Application
12.6. North America Market Breakup by Glazing Technology
12.7. North America Market Breakup by Material
12.8. North America Market Breakup by Country
12.8.1. United States
12.8.2. Canada
13. Asia Pacific Rail Glazing Market (US$ Million, 2019-2033)
13.1. Introduction
13.2. Key Drivers and Takeaways
13.3. Asia Pacific Market Breakup by Type
13.4. Asia Pacific Market Breakup by Coach Type
13.5. Asia Pacific Market Breakup by Application
13.6. Asia Pacific Market Breakup by Glazing Technology
13.7. Asia Pacific Market Breakup by Material
13.8. Asia Pacific Market Breakup by Country
13.8.1. China
13.8.2. Japan
13.8.3. India
13.8.4. South Korea
13.8.5. Australia
13.8.6. ASEAN
13.8.7. Rest of Asia Pacific
14. Latin America Rail Glazing Market (US$ Million, 2019-2033)
14.1. Introduction
14.2. Key Drivers and Takeaways
14.3. Latin America Market Breakup by Type
14.4. Latin America Market Breakup by Coach Type
14.5. Latin America Market Breakup by Application
14.6. Latin America Market Breakup by Glazing Technology
14.7. Latin America Market Breakup by Material
14.8. Latin America Market Breakup by Country
14.8.1. Mexico
14.8.2. Brazil
14.8.3. Argentina
14.8.4. Chile
14.8.5. Rest of Latin America
15. Middle East and Africa Rail Glazing Market (US$ Million, 2019-2033)
15.1. Introduction
15.2. Key Drivers and Takeaways
15.3. Middle East and Africa Market Breakup by Type
15.4. Middle East and Africa Market Breakup by Coach Type
15.5. Middle East and Africa Market Breakup by Application
15.6. Middle East and Africa Market Breakup by Glazing Technology
15.7. Middle East and Africa Market Breakup by Material
15.8. Middle East and Africa Market Breakup by Country
15.8.1. Saudi Arabia
15.8.2. Turkey
15.8.3. Iran
15.8.4. United Arab Emirates
15.8.5. Rest of Middle East & Africa
16. Competitive Landscape
16.1. Competitive Dashboard
16.2. Key Industry Strategies Analysis
16.3. Recent Developments
16.4. Market Scenario
17. Company Profiles
17.1. AGC Inc. (Asahi Glass Co., Ltd.)
17.2. Central Glass Co., Ltd
17.3. Dellner Romag Ltd.
17.4. FLACHGLAS Wernberg GmbH
17.5. Fuyao Glass Industry Group Co., Ltd.
17.6. GL Spezialverglasung GmbH
17.7. Independent Glass Co. Ltd.
17.8. Lippert Components, Inc.
17.9. Nippon Sheet Glass Company, Limited
17.10. OSG Group
17.11. Russian Glass Company (RGC)
17.12. Saint-Gobain Corporation
17.13. Xinyi Glass Holdings Limited (XYG)