Railway Couplers Market projected to grow by USD 230 million (2024-2028), driven by new railway investments and AI powered market evolution, reports Technavio [Yahoo! Finance]
Westinghouse Air Brake Technologies Corporation (WAB)
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Source: Yahoo! Finance
railway couplers market size is estimated to grow by USD 230 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 2.1% during the forecast period. Investments in new railway projects is driving market growth, with a trend towards concept of virtually coupled trains. However, delay in execution and development of railway projects poses a challenge. Key market players include A.D. Electrosteel Pvt. Ltd., aichele GROUP GmbH Co. KG, Amsted Industries Inc., CIM LAF, Dellner Couplers AB, Esco Group, Escorts Ltd., Flender GmbH, Irwin Car and Equipment, Jiangsu Tedrail Industrial Co. Ltd., Nippon Steel Corp., OLEO International, Rail Udyog, Shanghai Suyu Railway Material, Strato Inc., Titagarh Rail Systems Ltd., Voith GmbH and Co. KGaA, and Westinghouse Air Brake Technologies Corp.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- Forecast period Base
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WAB
Earnings
- 10/23/24 - Beat
WAB
Sec Filings
- 11/19/24 - Form 4
- 11/14/24 - Form SC
- 11/12/24 - Form 4
- WAB's page on the SEC website