With New Products Released, Global Train Bogies Market Growing at a CAGR of 4.75% from 2024 to 2029

Global Train Bogies Market Overview

According to Global Market Monitor, the global train bogies market size is $1897.25 million in 2024 with a CAGR of 4.75% from 2024 to 2029.

A train bogie is the chassis or the combined framework with wheel sets used for ferrying passengers or goods and are commonly attached one-after-one to railway engine. Train bogies are normal but are an essential component of the train, it is a drive system and track guidance mechanism is very important for overall transportation of the trains. Train bogies usually have a suspension system and separate breaking system so that the train handling and comfort can be maintained at every stage of the transportation. The crucial function of the train bogies is to support the mass of the train, use of the wheels to guide along the tracks and to provide a good cushioning effect against the shocks transmitted from the railway tracks during the motion.

Market News and Trends

In July 2024, a subsidiary of China's leading train manufacturer CRRC unveiled a new railway bogie that can be used by high-speed trains at 400 km/h. Compared to standard externally mounted bogies, the new built-in bogies are 20% lighter. It can reduce the train's operating energy consumption by 15%, reduce wheel-rail wear by about 30%, and reduce the maintenance cost of lines and bogies by 15% over their entire life cycle, which will make EMU trains more environmentally friendly and energy efficient, according to manufacturer CRRC Changchun Railway Vehicles Co LTD.

Railway bogies are an important part of trains. Bogies support the mass of the vehicle, use the wheels to guide the vehicle along the track, and provide a degree of cushioning during movement to withstand the impact of the track delivery. According to the test bench model, the new bogie has a design speed of 400 kilometers per hour and a top speed of 600 kilometers per hour. Bogies are one of the key technologies needed for fast operation of high-speed trains, and trains equipped with this new bogy can run faster, more stable and quieter.

Application Fields

The train bogie is used for the purpose of stopping the rail vehicles and from preventing them from crossing the physical section of the track as well as transporting goods and passenger from one destination to the other. Train Bogie is designed according to the construction of train and its engine, it is used in the rail vehicles as it increases the load carrying capacity of the rail vehicles. They provide energy efficient and cost effective solution for the transportation large quantity of goods along with hundreds of passengers. The individual suspension and breaking systems prevent the damage and lessens the danger of injury to the commuters travelling in the rail. Additionally, they are designed according to the speed and the weight of the rail vehicle. Train bogies may be either powered by some type of mechanical connected drive to the train engine or by an electrical motor. When the bogies are only used for the carrying fiction they are called as trailer bogies.

By Type	2-axle Bogies
	3-axle Bogies
	Others
By Application	Subway Train
	Normal-Speed Railway Train
	High-Speed Railway Train