The global railway connectors market is estimated to be valued at US$ 873.4 Mn in 2022 and expected to grow at a CAGR of 5.3% over the forecast period (2022-2030).
Europe held a dominant position in the global railway connectors market in 2021, accounting for 44% share in terms of value, followed by Asia Pacific and North America.
Figure 1: Global Railway Connectors Market Share (%), By Region, 2021
The global railway connectors market is estimated to be valued at US$ 873.4 million in 2022 and expected to reach 1,329.5 million by 2030, exhibiting a CAGR of 5.3% between 2022 and 2030.
Figure 2: Global Railway Connectors Market Value (US$ Mn), 2017-2030
Railway Connectors Market Report Snapshots
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