Railway Pantograph Slider Market Size, Share, Growth, And Industry Analysis By Type (Pure Carbon Slider, Metallic Carbon Slider, and Others) By Application (Electric Locomotive, EMU, and Subway/Light Rail) Regional Forecast By 2031

Railway Pantograph Slider Market Report Overview

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The global railway pantograph slider market size was USD 443.5 million in 2022 & the market is expected to reach USD 647.91 million in 2031, exhibiting a CAGR of 4.3% during the forecast period. 

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to railway pantograph slider market growth and demand returning to pre-pandemic levels once the pandemic is over. 

A tool that supports and moves a railway pantograph is called a pantograph slider. An apparatus called a pantograph is used to transmit electrical energy from the ground to the overhead wires of a railway system. While allowing the pantograph to travel freely around the track, the Slider aids in maintaining contact between it and the overhead wires.

A pantograph slider on a railroad is a tool that aids in ensuring a less abrupt transition from the pantograph to the overhead line. There are two pieces to it: the body, which is attached to the pantograph, and the nose, which is attached to the overhead line. A pin and a slot are used to attach the body to the pantograph and the nose to the body. Even when the train travels at high speed, the railway pantograph slider aids in maintaining the pantograph's connection to the overhead wire. By doing this, it is made sure that the train will always have access to the electricity needed to run.

COVID-19 Impact: The Plunge in Supply Chain and Lockdown Restrictions had Hampered the Market Growth

The pantograph Slider is a crucial component of the railway system. It helps to transfer electricity from the overhead wire to the train. The Slider is mounted on a pantograph, a metal frame attached to the roof of the train. The pantograph slides along the overhead wire, making contact with it and transferring electricity to the train. The Covid-19 pandemic has significantly impacted the Railway Pantograph Slider market. The lockdown imposed by various governments worldwide has led to a decrease in demand for Pantograph Sliders, as there has been a decrease in train usage. This has resulted in a decline in revenue for manufacturers of Pantograph Sliders.

Latest Trends

"The Improved Durability and Performance have Fueled the Market Expansion."

Many new products have entered the pantograph slider market in recent years as manufacturers sought to enhance the functionality and dependability of their goods. The following are a few of the most recent design trends for pantograph sliders for railroads: Improved durability is a critical factor for manufacturers because pantograph sliders must resist years of misuse. In the long run, newer designs are more reliable since they are built to withstand wear and strain better. 2. Improved performance: Manufacturers have tried to boost pantograph slider performance by expanding the contact area between the roller and the wire. Electrical conductivity is improved, and resistance is reduced as a result. Additionally, some recent designs have aerodynamic forms that aid in lowering drag and enhancing effectiveness.

Railway Pantograph Slider Market Segmentation

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• By Type Analysis

According to type, the railway pantograph slider market can be segmented into pure carbon sliders, metallic carbon sliders, and others. Among these, pure carbon slider is projected to experience rapid growth through 2031.

• By Application Analysis

Based on application, the market can be divided into an electric locomotive, EMU, and subway/light rail. An electric locomotive is expected to hold the most significant railway pantograph slider market share in the upcoming years.

Driving Factors

"Increasing Rail Electrification to Boost the Market Expansion"

Faster decision-making regarding electrification projects is essential for achieving environmental goals, and mighty nations worldwide emphasize this. With governments turning a more significant amount of their attention to electrification, the demand for railway pantographs is expected to increase over time as they play a crucial role in collecting power through contact with an overhead line. Using a new, nine kvDC uniform electrification system that can consolidate the current lines during the transitional phase, the EU-funded FUNDRES project suggested a problematic solution to the future of railways. The project aims to advance energy technologies significantly for the future unified system. In addition to these issues, governments are spending a lot of money to upgrade rail infrastructure. They are particularly interested in modernizing their rail fleet and related infrastructure to increase the effectiveness of their services.

"The High Surge in Global Population and Railways Usage to Fuel the Market Growth"

Additionally, the benefits of electric rails, exceptionally light rails, and electric tramways, used chiefly for local transportation in metropolitan areas, are being recognised by nations worldwide due to increasing urbanization and population growth. For instance, over the past 50 years, Europe's urbanization rate has continuously increased, rising from 64% to 75%. Positive population increase is seen in many nations, including the Netherlands, Sweden, Switzerland, France, and Spain. ​In light of these changes, the demand for railway pantographs is anticipated to expand along with investments and rail electrification projects during the forecast period.

Restraining Factors

"The Lack of Standardization May Impede the Market Growth "

The absence of standardization is a hindrance in the railway pantograph slider business. Because of this, it might be challenging for customers to understand what they are purchasing because there are no standard sizes or dimensions for these things. It may be challenging to confirm that these products adhere to safety standards due to their lack of certification.

Railway Pantograph Slider Market Regional Insights

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"North America to Dominate Market Owing to the Rail Electrification"

Between 2022 and 2031, the swim school market will be dominated by North America. Factors driving the market growth in this region include increasing rail electrification.

Additionally, the market is anticipated to experience the fastest growth in European and Asian countries (India, China, Japan, and South East Asia). The increase in global population and railway usage fuels the expansion of regional markets.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

LIST OF TOP RAILWAY PANTOGRAPH SLIDER COMPANIES

• Schunk Carbon Technology (Germany)
• Morgan Advanced Materials (U.K.)
• Yiyang Group (China)
• Wabtec Corporation (U.S.)
• Vanguard Tech (U.S.)
• LiaoNing HongDe Electrical Carbon Products Co., LTD, (China)
• Doneka (Trinidad and Tobago)
• Mersen (France)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.