Elastic Rail Fastener Sales
Elastic Rail Fastener Market Segments - by Product Type (Pandrol E-Clip, Vossloh SKL Clip, KPO Clamp, Nabla Clip, Rail Pad), Application (Heavy Haul, Urban Transit, High-Speed Railway, Light Railway, Industrial Lines), Distribution Channel (Direct Sales, Distributor Sales, Online Retail), Material Type (Steel, Rubber, Plastic, Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2025-2035
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- Table Of Content
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- Methodology
Elastic Rail Fastener Sales Market Outlook
The global elastic rail fastener market is projected to reach a value of approximately USD 3.5 billion by 2035, with a compound annual growth rate (CAGR) of around 5.1% during the forecast period from 2025 to 2035. This growth is primarily driven by the increasing demand for efficient mass transit systems, the expansion of railway networks, especially in developing regions, and a rise in rail freight activities. Additionally, government investments in public transportation infrastructure and technological advancements in rail fastening systems contribute significantly to the market's growth. The need for enhanced safety measures in rail transportation, combined with the growing emphasis on sustainable transport solutions, has further propelled the demand for elastic rail fasteners across various applications.
Growth Factor of the Market
Several factors contribute to the growth of the elastic rail fastener market. Firstly, the surge in urbanization worldwide has led to an increase in urban transit solutions, which necessitate robust and efficient rail fastening systems. The growing trend towards high-speed rail projects in countries such as China, Japan, and several European nations is also a significant driver, as these systems require specialized fastening solutions to ensure stability and safety at high speeds. Moreover, the rising logistics and freight requirements, especially in regions such as North America and Asia Pacific, have spurred investments in rail infrastructure, thus boosting the demand for reliable rail fasteners. Additionally, the adoption of advanced materials and innovative designs in elastic rail fasteners, aimed at enhancing durability and reducing maintenance costs, has attracted more investments from rail companies. Finally, governmental initiatives promoting sustainable transportation are likely to reinforce the market's growth trajectory.
Key Highlights of the Market
- The global elastic rail fastener market is projected to grow at a CAGR of 5.1% from 2025 to 2035.
- Key applications include heavy haul and urban transit, which drive significant demand.
- Innovations in material technologies are leading to more sustainable and durable rail fasteners.
- North America and Europe are currently leading regions due to extensive railway networks.
- The increasing focus on high-speed rail infrastructure development is set to enhance market dynamics.
By Product Type
Pandrol E-Clip:
The Pandrol E-Clip is one of the most popular types of elastic rail fasteners in the market, known for its outstanding performance in various rail applications. This product is designed to provide excellent vertical and lateral restraint, ensuring the stability of tracks under dynamic loads. Its robust design allows for high-speed rail applications, making it a preferred choice for operators seeking reliability and safety. Moreover, the E-Clip's easy installation and maintenance features contribute to its growing popularity. With the increasing installation of high-speed rail systems globally, the demand for Pandrol E-Clips is anticipated to rise significantly over the forecast period.
Vossloh SKL Clip:
The Vossloh SKL clip is another leading product in the elastic rail fastener segment, renowned for its superior quality and performance in heavy rail applications. This clip type offers excellent resilience against noise and vibration, which is crucial for maintaining comfort in urban transit and other rail systems. Its design allows for the easy adaptation to different rail profiles, making it a versatile choice for various applications. The SKL clip is particularly favored in European markets, where stringent safety and performance standards exist. As countries continue to modernize their rail networks, the Vossloh SKL clip is expected to see sustained demand due to its reliability and efficiency.
KPO Clamp:
KPO clamps are specialized elastic rail fasteners that provide robust support and stability for rail tracks. These clamps are designed for heavy haul applications, making them suitable for high-load scenarios such as freight transportation. KPO clamps enhance the overall safety of rail systems by minimizing track movement and reducing wear and tear on both the rail and fasteners. With the growing demand for efficient freight transport and the expansion of rail infrastructure in various regions, the market for KPO clamps is set to experience significant growth during the forecast period. Their durability and performance in extreme conditions bolster their position in the market.
Nabla Clip:
The Nabla clip is designed primarily for high-speed rail applications, offering stability and safety at elevated speeds. Its innovative design provides exceptional gripping capabilities, which is crucial for maintaining track alignment under dynamic loads. The Nabla clip's performance is particularly advantageous in areas with frequent variations in temperature, as it can accommodate thermal expansion and contraction effectively. Given the global trend toward the expansion of high-speed rail networks, demand for Nabla clips is expected to grow, driven by the need for reliable fastening solutions that ensure safety and efficiency in rail transportation.
Rail Pad:
Rail pads serve an essential role in the elastic rail fastener market by providing cushioning between the rail and the sleeper, thereby reducing vibration and noise while enhancing track stability. These components are critical in urban transit and high-speed rail applications, where noise reduction is a priority. The material used in the manufacturing of rail pads often includes rubber and other composites that offer excellent shock absorption characteristics. As urban areas continue to expand and authorities seek to improve public transport systems, the demand for rail pads is projected to increase significantly, focusing on enhancing passenger comfort and minimizing environmental impact.
By Application
Heavy Haul:
The heavy haul application segment is significant in the elastic rail fastener market, primarily due to the increasing demand for freight transportation. Rail networks are being expanded and modernized to accommodate the growing volume of goods transported over long distances. Elastic rail fasteners used in heavy haul applications must be robust and capable of withstanding high loads, which contributes to their popularity among rail operators. Innovations in fastening technology are also enhancing the performance of rail systems, making them safer and more efficient. As global trade continues to grow, this application segment is expected to experience substantial growth.
Urban Transit:
Urban transit systems are a major application area for elastic rail fasteners, driven by the increasing need for efficient public transportation in rapidly urbanizing regions. Elastic rail fasteners used in urban transit must provide excellent stability while minimizing noise and vibration, ensuring a comfortable experience for passengers. Governments and transit authorities are investing in modernizing their public transport systems, including the installation of new rail lines and upgrading existing infrastructure. This trend is expected to drive significant demand for elastic rail fasteners, as cities aim to enhance their public transportation networks and reduce traffic congestion.
High-Speed Railway:
High-speed railway applications represent a rapidly growing segment within the elastic rail fastener market. As countries around the world invest in high-speed rail infrastructure to provide efficient long-distance travel options, the demand for specialized fastening systems that can withstand the unique challenges of high-speed operations is increasing. Elastic rail fasteners in this segment are engineered to offer superior stability and safety at elevated speeds, thus ensuring the smooth operation of high-speed trains. The ongoing development of high-speed rail projects in regions such as Asia-Pacific and Europe is anticipated to significantly boost the demand for these advanced fastening solutions in the coming years.
Light Railway:
The light railway application segment includes systems such as trams and light rail transit (LRT), which are essential components of urban transit networks. Elastic rail fasteners used in these systems need to address specific challenges, such as managing vibrations and noise levels in densely populated areas. The growing trend toward sustainable and efficient urban transportation is driving investments in light rail systems, which, in turn, increases the demand for reliable elastic rail fasteners. As cities continue to explore eco-friendly public transport options, the light railway segment is expected to see continued growth, further supporting the elastic rail fastener market.
Industrial Lines:
Industrial lines, which include rail systems used in manufacturing and distribution facilities, represent a unique application area for elastic rail fasteners. These systems require fastening solutions that can withstand heavy loads and frequent operational stresses. The increasing focus on automation and efficiency in industrial settings is driving the need for reliable rail infrastructure. As industries expand and modernize their facilities, the demand for elastic rail fasteners tailored for industrial applications is likely to increase. Innovations in fastening technology that enhance performance and durability will further support growth in this segment.
By Distribution Channel
Direct Sales:
Direct sales play a crucial role in the distribution of elastic rail fasteners, as manufacturers often engage directly with rail operators and construction companies to sell their products. This channel enables manufacturers to provide tailored solutions and build strong relationships with their clients, ensuring that they meet specific project requirements. The direct sales model allows for better control over product quality and supply chain management, which is essential in the rail industry where safety and reliability are paramount. As rail operators seek to streamline their procurement processes, the direct sales channel is expected to maintain a strong presence in the market.
Distributor Sales:
Distributor sales are a significant distribution channel for elastic rail fasteners, as third-party distributors often have established relationships with a wide range of clients in the railway sector. These distributors play a vital role in ensuring that manufacturers' products reach diverse markets effectively. By leveraging their extensive networks, distributors can provide valuable insights into market trends and customer preferences, which can inform product development and marketing strategies. As the demand for elastic rail fasteners continues to grow, the distributor sales channel is expected to thrive, facilitating broader market reach for manufacturers.
Online Retail:
Online retail is an emerging distribution channel for elastic rail fasteners, driven by the increasing adoption of e-commerce platforms across various industries. This channel provides convenience and accessibility for customers seeking rail fasteners, particularly for smaller projects or companies that may not require large volumes. Online retail allows for quicker transactions and greater product visibility, enabling manufacturers to showcase their offerings to a broader audience. As the trend toward digitalization continues in the rail sector, the online retail channel is likely to expand, providing new growth opportunities for manufacturers and distributors alike.
By Material Type
Steel:
Steel is one of the most commonly used materials in the production of elastic rail fasteners due to its strength and durability. Steel fasteners offer high resistance to deformation and wear, making them suitable for applications involving heavy loads and dynamic forces encountered in rail systems. The ability of steel to withstand harsh environmental conditions also contributes to its popularity in the rail industry. As the demand for robust and reliable rail infrastructure continues to rise, the market for steel-based elastic rail fasteners is expected to grow significantly, driven by the increasing focus on safety and efficiency in rail operations.
Rubber:
Rubber is widely used in the manufacture of elastic rail fasteners, particularly in rail pads and other cushioning components. Its excellent shock-absorbing properties make rubber ideal for minimizing vibrations and noise in rail systems. The use of rubber in elastic rail fasteners enhances passenger comfort and is critical in urban transit systems where noise reduction is paramount. As cities continue to prioritize sustainable and efficient public transport options, the demand for rubber-based fastening solutions is anticipated to increase, supporting the overall growth of the elastic rail fastener market.
Plastic:
Plastic materials are increasingly being utilized in the production of elastic rail fasteners due to their lightweight characteristics and resistance to corrosion. Plastic fasteners can provide effective performance in a range of environmental conditions and are often favored in applications where weight reduction is essential. The versatility of plastic materials allows for innovative designs that enhance the functionality of rail fasteners. As the rail industry continues to evolve and incorporate advanced materials, the use of plastic in elastic rail fasteners is expected to grow, driven by its potential for improving performance and reducing overall lifecycle costs.
Others:
Other materials used in the manufacture of elastic rail fasteners may include composite materials and specialized alloys that combine the advantageous properties of various substances. These materials are often engineered for specific applications to enhance performance and durability under extreme conditions. Innovations in material science are leading to the development of advanced fastening solutions that can meet the evolving demands of the rail industry. As the market continues to seek improved alternatives to traditional materials, the segment for alternative materials in elastic rail fasteners is likely to expand, providing unique opportunities for manufacturers and customers alike.
By Region
North America and Europe lead the elastic rail fastener market, driven by well-established railway infrastructure and ongoing investments in rail modernization. In North America, the market is projected to reach approximately USD 1.2 billion by 2035, with a CAGR of around 4.8%. The growth in this region is supported by rising freight transportation demands and government initiatives aimed at enhancing rail safety and efficiency. Europe, on the other hand, has seen a surge in high-speed rail projects, which significantly boosts the demand for specialized elastic rail fasteners. The European market is expected to reach around USD 1 billion by 2035, with continuous investments in urban transit systems paving the way for further growth.
In the Asia Pacific region, the elastic rail fastener market is anticipated to witness rapid growth, primarily due to the ongoing development of rail infrastructure in countries like China and India. This region is projected to grow at the highest CAGR of approximately 6.2%, reflecting the increasing investments in high-speed and urban transit rail systems. Meanwhile, Latin America and the Middle East & Africa are expected to see gradual growth, supported by emerging rail projects and infrastructure investments. Together, these regions are set to contribute to the overall expansion of the elastic rail fastener market, reinforcing the importance of rail transportation in global logistics and mobility.
Opportunities
The elastic rail fastener market is poised for numerous opportunities as the demand for rail transportation continues to rise globally. The ongoing shift towards sustainable transport solutions presents a significant opportunity for manufacturers to innovate and develop environmentally friendly fastening systems. As governments and private entities invest in modernizing their rail infrastructure, there is a growing demand for advanced technology in railway fastening solutions. This trend is particularly evident in high-speed rail projects, where the necessity for reliable and durable fastening solutions is paramount. Manufacturers that can leverage cutting-edge technology and materials are likely to gain a competitive edge in this expanding market, positioning themselves as preferred suppliers to rail operators and construction companies.
Additionally, the increasing focus on safety and efficiency within the transport sector provides a fruitful opportunity for the elastic rail fastener market. As rail operators seek to enhance the reliability of their systems, there is a need for high-performance fastening solutions that can withstand the rigors of modern rail operations. Collaborations between manufacturers and rail operators to develop customized solutions tailored to specific applications can further drive market growth. Furthermore, the exploration of alternative materials, such as composites and alloys, can lead to innovative fastening solutions with improved performance characteristics. The intersection of technology and sustainability in the rail sector presents a unique landscape for potential growth and expansion within the elastic rail fastener market.
Threats
Despite the promising growth prospects, the elastic rail fastener market faces several threats that could hinder its development. One of the primary risks is the fluctuating prices of raw materials, which can impact production costs and profit margins for manufacturers. The volatility in the prices of steel and other key materials can lead to uncertainty in pricing strategies, potentially affecting demand from rail operators who may seek to control costs. Furthermore, competition within the market is increasing, with numerous players vying for market share. This heightened competition could lead to price wars, impacting profitability and potentially driving smaller manufacturers out of the market. As such, companies will need to adapt their strategies to remain competitive in an evolving landscape.
Another significant threat is the potential for regulatory challenges, particularly concerning safety and environmental standards in the rail industry. As governments implement stricter regulations to ensure safety and sustainability, manufacturers may face increased compliance costs and challenges in adapting their products to meet these standards. Additionally, the rapid advancement of technology could lead to the emergence of new fastening solutions that may render traditional elastic rail fasteners obsolete. Therefore, manufacturers must continually invest in research and development to remain relevant and competitive, while also navigating the complexities of regulatory environments across different regions.
Competitor Outlook
- Pandrol Ltd.
- Vossloh AG
- Schwihag AG
- Plasser & Theurer
- Harsco Corporation
- Amsted Rail Company, Inc.
- Keystone Consolidated Industries, Inc.
- Alstom SA
- Siemens AG
- Nord-Lock Group
- Geismar S.A.
- RailOne GmbH
- Hübner Group
- Rubbermill, Inc.
- Rhomberg Sersa
- Groupe Bréger
The elastic rail fastener market is characterized by a competitive landscape that includes several prominent players vying for market share. These companies operate across various regions and segments, offering a wide range of products tailored to meet the diverse needs of the rail transportation sector. As the market continues to grow, competition is expected to intensify, prompting companies to innovate and differentiate their offerings. Key players are focusing on research and development to create advanced fastening systems that enhance safety, efficiency, and environmental sustainability. Additionally, strategic partnerships and collaborations with rail operators and infrastructure developers are becoming increasingly common as companies seek to expand their market reach and integrate their products into large-scale rail projects.
Among the major companies, Pandrol Ltd. stands out as a leader in the elastic rail fastener segment, known for its innovative fastening solutions and extensive product portfolio. The company has a strong presence in high-speed rail applications and is recognized for its commitment to quality and performance. Vossloh AG, another key player, specializes in rail infrastructure solutions, including elastic rail fasteners, and has established itself as a trustworthy brand in the market. Their focus on sustainable practices and product innovation has contributed to their competitive advantage. Harsco Corporation and Amsted Rail Company are also significant players, providing a diverse range of rail fastening systems that cater to various applications and environments.
As the elastic rail fastener market continues to evolve, companies such as Siemens AG and Alstom SA are leveraging their technological expertise to develop cutting-edge fastening solutions that align with modern rail transport demands. These firms are investing heavily in R&D to enhance product performance, safety, and durability, which is essential in the face of increasing operational pressures on rail networks. Furthermore, emerging players are entering the market, contributing to a dynamic competitive environment, which is driving innovation and improving overall product offerings. In conclusion, the elastic rail fastener market is expected to see sustained growth, driven by global railway expansion, modernization efforts, and heightened competition among key industry players.
1 Appendix
- 1.1 List of Tables
- 1.2 List of Figures
2 Introduction
- 2.1 Market Definition
- 2.2 Scope of the Report
- 2.3 Study Assumptions
- 2.4 Base Currency & Forecast Periods
3 Market Dynamics
- 3.1 Market Growth Factors
- 3.2 Economic & Global Events
- 3.3 Innovation Trends
- 3.4 Supply Chain Analysis
4 Consumer Behavior
- 4.1 Market Trends
- 4.2 Pricing Analysis
- 4.3 Buyer Insights
5 Key Player Profiles
- 5.1 Alstom SA
- 5.1.1 Business Overview
- 5.1.2 Products & Services
- 5.1.3 Financials
- 5.1.4 Recent Developments
- 5.1.5 SWOT Analysis
- 5.2 Siemens AG
- 5.2.1 Business Overview
- 5.2.2 Products & Services
- 5.2.3 Financials
- 5.2.4 Recent Developments
- 5.2.5 SWOT Analysis
- 5.3 Vossloh AG
- 5.3.1 Business Overview
- 5.3.2 Products & Services
- 5.3.3 Financials
- 5.3.4 Recent Developments
- 5.3.5 SWOT Analysis
- 5.4 Schwihag AG
- 5.4.1 Business Overview
- 5.4.2 Products & Services
- 5.4.3 Financials
- 5.4.4 Recent Developments
- 5.4.5 SWOT Analysis
- 5.5 Geismar S.A.
- 5.5.1 Business Overview
- 5.5.2 Products & Services
- 5.5.3 Financials
- 5.5.4 Recent Developments
- 5.5.5 SWOT Analysis
- 5.6 Pandrol Ltd.
- 5.6.1 Business Overview
- 5.6.2 Products & Services
- 5.6.3 Financials
- 5.6.4 Recent Developments
- 5.6.5 SWOT Analysis
- 5.7 RailOne GmbH
- 5.7.1 Business Overview
- 5.7.2 Products & Services
- 5.7.3 Financials
- 5.7.4 Recent Developments
- 5.7.5 SWOT Analysis
- 5.8 Rhomberg Sersa
- 5.8.1 Business Overview
- 5.8.2 Products & Services
- 5.8.3 Financials
- 5.8.4 Recent Developments
- 5.8.5 SWOT Analysis
- 5.9 Nord-Lock Group
- 5.9.1 Business Overview
- 5.9.2 Products & Services
- 5.9.3 Financials
- 5.9.4 Recent Developments
- 5.9.5 SWOT Analysis
- 5.10 Rubbermill, Inc.
- 5.10.1 Business Overview
- 5.10.2 Products & Services
- 5.10.3 Financials
- 5.10.4 Recent Developments
- 5.10.5 SWOT Analysis
- 5.11 Plasser & Theurer
- 5.11.1 Business Overview
- 5.11.2 Products & Services
- 5.11.3 Financials
- 5.11.4 Recent Developments
- 5.11.5 SWOT Analysis
- 5.12 Harsco Corporation
- 5.12.1 Business Overview
- 5.12.2 Products & Services
- 5.12.3 Financials
- 5.12.4 Recent Developments
- 5.12.5 SWOT Analysis
- 5.13 Hübner Group
- 5.13.1 Business Overview
- 5.13.2 Products & Services
- 5.13.3 Financials
- 5.13.4 Recent Developments
- 5.13.5 SWOT Analysis
- 5.14 Groupe Bréger
- 5.14.1 Business Overview
- 5.14.2 Products & Services
- 5.14.3 Financials
- 5.14.4 Recent Developments
- 5.14.5 SWOT Analysis
- 5.15 Amsted Rail Company, Inc.
- 5.15.1 Business Overview
- 5.15.2 Products & Services
- 5.15.3 Financials
- 5.15.4 Recent Developments
- 5.15.5 SWOT Analysis
- 5.16 Keystone Consolidated Industries, Inc.
- 5.16.1 Business Overview
- 5.16.2 Products & Services
- 5.16.3 Financials
- 5.16.4 Recent Developments
- 5.16.5 SWOT Analysis
- 5.1 Alstom SA
6 Market Segmentation
- 6.1 Elastic Rail Fastener Sales Market, By Application
- 6.1.1 Heavy Haul
- 6.1.2 Urban Transit
- 6.1.3 High-Speed Railway
- 6.1.4 Light Railway
- 6.1.5 Industrial Lines
- 6.2 Elastic Rail Fastener Sales Market, By Product Type
- 6.2.1 Pandrol E-Clip
- 6.2.2 Vossloh SKL Clip
- 6.2.3 KPO Clamp
- 6.2.4 Nabla Clip
- 6.2.5 Rail Pad
- 6.3 Elastic Rail Fastener Sales Market, By Material Type
- 6.3.1 Steel
- 6.3.2 Rubber
- 6.3.3 Plastic
- 6.3.4 Others
- 6.4 Elastic Rail Fastener Sales Market, By Distribution Channel
- 6.4.1 Direct Sales
- 6.4.2 Distributor Sales
- 6.4.3 Online Retail
- 6.1 Elastic Rail Fastener Sales Market, By Application
7 Competitive Analysis
- 7.1 Key Player Comparison
- 7.2 Market Share Analysis
- 7.3 Investment Trends
- 7.4 SWOT Analysis
8 Research Methodology
- 8.1 Analysis Design
- 8.2 Research Phases
- 8.3 Study Timeline
9 Future Market Outlook
- 9.1 Growth Forecast
- 9.2 Market Evolution
10 Geographical Overview
- 10.1 Europe - Market Analysis
- 10.1.1 By Country
- 10.1.1.1 UK
- 10.1.1.2 France
- 10.1.1.3 Germany
- 10.1.1.4 Spain
- 10.1.1.5 Italy
- 10.1.1 By Country
- 10.2 Asia Pacific - Market Analysis
- 10.2.1 By Country
- 10.2.1.1 India
- 10.2.1.2 China
- 10.2.1.3 Japan
- 10.2.1.4 South Korea
- 10.2.1 By Country
- 10.3 Latin America - Market Analysis
- 10.3.1 By Country
- 10.3.1.1 Brazil
- 10.3.1.2 Argentina
- 10.3.1.3 Mexico
- 10.3.1 By Country
- 10.4 North America - Market Analysis
- 10.4.1 By Country
- 10.4.1.1 USA
- 10.4.1.2 Canada
- 10.4.1 By Country
- 10.5 Middle East & Africa - Market Analysis
- 10.5.1 By Country
- 10.5.1.1 Middle East
- 10.5.1.2 Africa
- 10.5.1 By Country
- 10.6 Elastic Rail Fastener Sales Market by Region
- 10.1 Europe - Market Analysis
11 Global Economic Factors
- 11.1 Inflation Impact
- 11.2 Trade Policies
12 Technology & Innovation
- 12.1 Emerging Technologies
- 12.2 AI & Digital Trends
- 12.3 Patent Research
13 Investment & Market Growth
- 13.1 Funding Trends
- 13.2 Future Market Projections
14 Market Overview & Key Insights
- 14.1 Executive Summary
- 14.2 Key Trends
- 14.3 Market Challenges
- 14.4 Regulatory Landscape
Segments Analyzed in the Report
The global Elastic Rail Fastener Sales market is categorized based on
By Product Type
- Pandrol E-Clip
- Vossloh SKL Clip
- KPO Clamp
- Nabla Clip
- Rail Pad
By Application
- Heavy Haul
- Urban Transit
- High-Speed Railway
- Light Railway
- Industrial Lines
By Distribution Channel
- Direct Sales
- Distributor Sales
- Online Retail
By Material Type
- Steel
- Rubber
- Plastic
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
- Pandrol Ltd.
- Vossloh AG
- Schwihag AG
- Plasser & Theurer
- Harsco Corporation
- Amsted Rail Company, Inc.
- Keystone Consolidated Industries, Inc.
- Alstom SA
- Siemens AG
- Nord-Lock Group
- Geismar S.A.
- RailOne GmbH
- Hübner Group
- Rubbermill, Inc.
- Rhomberg Sersa
- Groupe Bréger
- Publish Date : Jan 21 ,2025
- Report ID : CO-28141
- No. Of Pages : 100
- Format : |
- Ratings : 4.5 (110 Reviews)