Railway Electric Propulsion Systems Industry Research Report 2024

Railway Electric Propulsion Systems Industry Research Report 2024


Summary

According to APO Research, The global Railway Electric Propulsion Systems market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Railway Electric Propulsion Systems is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Railway Electric Propulsion Systems is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Railway Electric Propulsion Systems is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global companies of Railway Electric Propulsion Systems include Toshiba, ABB, ALSTOM, Bombardier, GE, Hitachi, Hyundai Rotem, Mitsubishi Heavy Industries and Siemens, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Railway Electric Propulsion Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Railway Electric Propulsion Systems.
The Railway Electric Propulsion Systems market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Railway Electric Propulsion Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Toshiba
ABB
ALSTOM
Bombardier
GE
Hitachi
Hyundai Rotem
Mitsubishi Heavy Industries
Siemens
CRRC
Medha
Railway Electric Propulsion Systems segment by Type

Diesel-Electric Locomotives
Electric Locomotives
Others
Railway Electric Propulsion Systems Segment by Application

Train
Subway
Railway Electric Propulsion Systems Segment by Region

North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Railway Electric Propulsion Systems market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Railway Electric Propulsion Systems and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Railway Electric Propulsion Systems.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Railway Electric Propulsion Systems companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Railway Electric Propulsion Systems by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030)
2.2.2 Diesel-Electric Locomotives
2.2.3 Electric Locomotives
2.2.4 Others
2.3 Railway Electric Propulsion Systems by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030)
2.3.2 Train
2.3.3 Subway
2.4 Assumptions and Limitations
3 Railway Electric Propulsion Systems Breakdown Data by Type
3.1 Global Railway Electric Propulsion Systems Historic Market Size by Type (2019-2024)
3.2 Global Railway Electric Propulsion Systems Forecasted Market Size by Type (2025-2030)
4 Railway Electric Propulsion Systems Breakdown Data by Application
4.1 Global Railway Electric Propulsion Systems Historic Market Size by Application (2019-2024)
4.2 Global Railway Electric Propulsion Systems Forecasted Market Size by Application (2019-2024)
5 Global Growth Trends
5.1 Global Railway Electric Propulsion Systems Market Perspective (2019-2030)
5.2 Global Railway Electric Propulsion Systems Growth Trends by Region
5.2.1 Global Railway Electric Propulsion Systems Market Size by Region: 2019 VS 2023 VS 2030
5.2.2 Railway Electric Propulsion Systems Historic Market Size by Region (2019-2024)
5.2.3 Railway Electric Propulsion Systems Forecasted Market Size by Region (2025-2030)
5.3 Railway Electric Propulsion Systems Market Dynamics
5.3.1 Railway Electric Propulsion Systems Industry Trends
5.3.2 Railway Electric Propulsion Systems Market Drivers
5.3.3 Railway Electric Propulsion Systems Market Challenges
5.3.4 Railway Electric Propulsion Systems Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Railway Electric Propulsion Systems Players by Revenue
6.1.1 Global Top Railway Electric Propulsion Systems Players by Revenue (2019-2024)
6.1.2 Global Railway Electric Propulsion Systems Revenue Market Share by Players (2019-2024)
6.2 Global Railway Electric Propulsion Systems Industry Players Ranking, 2022 VS 2023 VS 2024
6.3 Global Key Players of Railway Electric Propulsion Systems Head office and Area Served
6.4 Global Railway Electric Propulsion Systems Players, Product Type & Application
6.5 Global Railway Electric Propulsion Systems Players, Date of Enter into This Industry
6.6 Global Railway Electric Propulsion Systems Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Railway Electric Propulsion Systems Market Size (2019-2030)
7.2 North America Railway Electric Propulsion Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 North America Railway Electric Propulsion Systems Market Size by Country (2019-2024)
7.4 North America Railway Electric Propulsion Systems Market Size by Country (2025-2030)
7.5 United States
7.6 Canada
8 Europe
8.1 Europe Railway Electric Propulsion Systems Market Size (2019-2030)
8.2 Europe Railway Electric Propulsion Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Europe Railway Electric Propulsion Systems Market Size by Country (2019-2024)
8.4 Europe Railway Electric Propulsion Systems Market Size by Country (2025-2030)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Russia
8.10 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Railway Electric Propulsion Systems Market Size (2019-2030)
9.2 Asia-Pacific Railway Electric Propulsion Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Asia-Pacific Railway Electric Propulsion Systems Market Size by Country (2019-2024)
9.4 Asia-Pacific Railway Electric Propulsion Systems Market Size by Country (2025-2030)
9.5 China
9.6 Japan
9.7 South Korea
9.8 Southeast Asia
9.9 India
9.10 Australia
10 Latin America
10.1 Latin America Railway Electric Propulsion Systems Market Size (2019-2030)
10.2 Latin America Railway Electric Propulsion Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Latin America Railway Electric Propulsion Systems Market Size by Country (2019-2024)
10.4 Latin America Railway Electric Propulsion Systems Market Size by Country (2025-2030)
10.5 Mexico
10.6 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Railway Electric Propulsion Systems Market Size (2019-2030)
11.2 Middle East & Africa Railway Electric Propulsion Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030
11.3 Middle East & Africa Railway Electric Propulsion Systems Market Size by Country (2019-2024)
11.4 Middle East & Africa Railway Electric Propulsion Systems Market Size by Country (2025-2030)
11.5 Turkey
11.6 Saudi Arabia
11.7 UAE
12 Players Profiled
12.1 Toshiba
12.1.1 Toshiba Company Information
12.1.2 Toshiba Business Overview
12.1.3 Toshiba Revenue in Railway Electric Propulsion Systems Business (2019-2024)
12.1.4 Toshiba Railway Electric Propulsion Systems Product Portfolio
12.1.5 Toshiba Recent Developments
12.2 ABB
12.2.1 ABB Company Information
12.2.2 ABB Business Overview
12.2.3 ABB Revenue in Railway Electric Propulsion Systems Business (2019-2024)
12.2.4 ABB Railway Electric Propulsion Systems Product Portfolio
12.2.5 ABB Recent Developments
12.3 ALSTOM
12.3.1 ALSTOM Company Information
12.3.2 ALSTOM Business Overview
12.3.3 ALSTOM Revenue in Railway Electric Propulsion Systems Business (2019-2024)
12.3.4 ALSTOM Railway Electric Propulsion Systems Product Portfolio
12.3.5 ALSTOM Recent Developments
12.4 Bombardier
12.4.1 Bombardier Company Information
12.4.2 Bombardier Business Overview
12.4.3 Bombardier Revenue in Railway Electric Propulsion Systems Business (2019-2024)
12.4.4 Bombardier Railway Electric Propulsion Systems Product Portfolio
12.4.5 Bombardier Recent Developments
12.5 GE
12.5.1 GE Company Information
12.5.2 GE Business Overview
12.5.3 GE Revenue in Railway Electric Propulsion Systems Business (2019-2024)
12.5.4 GE Railway Electric Propulsion Systems Product Portfolio
12.5.5 GE Recent Developments
12.6 Hitachi
12.6.1 Hitachi Company Information
12.6.2 Hitachi Business Overview
12.6.3 Hitachi Revenue in Railway Electric Propulsion Systems Business (2019-2024)
12.6.4 Hitachi Railway Electric Propulsion Systems Product Portfolio
12.6.5 Hitachi Recent Developments
12.7 Hyundai Rotem
12.7.1 Hyundai Rotem Company Information
12.7.2 Hyundai Rotem Business Overview
12.7.3 Hyundai Rotem Revenue in Railway Electric Propulsion Systems Business (2019-2024)
12.7.4 Hyundai Rotem Railway Electric Propulsion Systems Product Portfolio
12.7.5 Hyundai Rotem Recent Developments
12.8 Mitsubishi Heavy Industries
12.8.1 Mitsubishi Heavy Industries Company Information
12.8.2 Mitsubishi Heavy Industries Business Overview
12.8.3 Mitsubishi Heavy Industries Revenue in Railway Electric Propulsion Systems Business (2019-2024)
12.8.4 Mitsubishi Heavy Industries Railway Electric Propulsion Systems Product Portfolio
12.8.5 Mitsubishi Heavy Industries Recent Developments
12.9 Siemens
12.9.1 Siemens Company Information
12.9.2 Siemens Business Overview
12.9.3 Siemens Revenue in Railway Electric Propulsion Systems Business (2019-2024)
12.9.4 Siemens Railway Electric Propulsion Systems Product Portfolio
12.9.5 Siemens Recent Developments
12.10 CRRC
12.10.1 CRRC Company Information
12.10.2 CRRC Business Overview
12.10.3 CRRC Revenue in Railway Electric Propulsion Systems Business (2019-2024)
12.10.4 CRRC Railway Electric Propulsion Systems Product Portfolio
12.10.5 CRRC Recent Developments
12.11 Medha
12.11.1 Medha Company Information
12.11.2 Medha Business Overview
12.11.3 Medha Revenue in Railway Electric Propulsion Systems Business (2019-2024)
12.11.4 Medha Railway Electric Propulsion Systems Product Portfolio
12.11.5 Medha Recent Developments
13 Report Conclusion
14 Disclaimer

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