The global Hybrid Train market was valued at $15.64 billion in 2020 and is projected to grow to $26.56 billion by 2028, at a compound annual growth rate (CAGR) of 6.74% from 2021 to 2028. This growth is driven by various macroeconomic and microeconomic factors, including the numerous benefits that hybrid trains offer compared to conventional trains.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Operational Speed (Below 100 km/h, 100-200 km/h, Above 200 km/h)
By Propulsion Type (Electro Diesel, Battery Operated, Hydrogen, CNG, LPG, Others)
By Application (Freight, Passenger, Others), By Battery Technology (Gel Tubular, Valve Regulated Lead-Acid, Conventional Lead-Acid, Sinter PNE, Fiber PNE, Pocket Plate, Lithium-Ion, Others)
Key players
Bombardier
Alstom
Siemens
Wabtec Corporation
Stadler
Hyundai Rotem
Cummins
Hitachi
Toshiba
CRRC
- Chapter 1. Executive Summary
- Chapter 2. Scope Of The Study
- 2.1. Market Definition
- 2.2. Scope Of The Study
- 2.2.1. Objectives of Report
- Chapter 3. Evolve BI Methodology
- Chapter 4. Market Insights and Trends
- 4.1. Supply/ Value Chain Analysis
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Threat Of New Entrants
- 4.2.2. Bargaining Power Of Buyers
- 4.2.3. Bargaining Power Of Suppliers
- 4.2.4. Threat Of Substitutes
- 4.2.5. Industry Rivalry
- 4.3. Impact of COVID-19 on Hybrid Train Market
- 4.3.1. Impact on Market Size
- 4.3.2. Battery Technology Trend, Preferences, and Budget Impact
- 4.3.3. Regulatory Framework/Government Policies
- 4.3.4. Key Players Strategy to Tackle Negative Impact
- 4.3.5. Opportunity Window
- Chapter 5. Market Dynamics
- 5.1. Introduction
- 5.2. DRO Analysis
- 5.2.1. Drivers
- 5.2.2. Restraints
- 5.2.3. Opportunities
- Chapter 6. Global Hybrid Train Market, By Operational Speed
- 6.1. Introduction
- 6.2. Below 100 km/h
- 6.3. 100-200 km/h
- 6.4. Above 200 km/h
- Chapter 7. Global Hybrid Train Market, By Propulsion Type
- 7.1. Introduction
- 7.2. Electro Diesel
- 7.3. Battery Operated
- 7.4. Hydrogen
- 7.5. CNG
- 7.6. Others
- Chapter 8. Global Hybrid Train Market, By Application
- 8.1. Introduction
- 8.2. Freight
- 8.3. Passenger
- 8.4. Others
- Chapter 9. Global Hybrid Train Market, By Battery Technology
- 9.1. Introduction
- 9.2. Gel Tubular
- 9.3. Valve Regulated Lead-Acid
- 9.4. Conventional Lead-Acid
- 9.5. Sinter PNE
- 9.6. Fiber PNE
- 9.7. Pocket Plate
- 9.8. Lithium-Ion
- 9.9. Others
- Chapter 10. Global Hybrid Train Market, By Region
- 10.1. Introduction
- 10.2. North America
- 10.2.1. Introduction
- 10.2.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.2.3. Market Size and Forecast, By Country, 2020 - 2028
- 10.2.4. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.2.5. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.2.6. Market Size and Forecast, By Application, 2020 - 2028
- 10.2.7. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.2.8. US
- 10.2.8.1. Introduction
- 10.2.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.2.8.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.2.8.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.2.8.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.2.8.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.2.9. Canada
- 10.2.9.1. Introduction
- 10.2.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.2.9.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.2.9.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.2.9.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.2.9.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.3. Europe
- 10.3.1. Introduction
- 10.3.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.3.3. Market Size and Forecast, By Country, 2020 - 2028
- 10.3.4. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.3.5. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.3.6. Market Size and Forecast, By Application, 2020 - 2028
- 10.3.7. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.3.8. Germany
- 10.3.8.1. Introduction
- 10.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.3.8.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.3.8.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.3.8.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.3.8.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.3.9. France
- 10.3.9.1. Introduction
- 10.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.3.9.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.3.9.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.3.9.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.3.9.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.3.10. UK
- 10.3.10.1. Introduction
- 10.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.3.10.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.3.10.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.3.10.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.3.10.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.3.11. Italy
- 10.3.11.1. Introduction
- 10.3.11.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.3.11.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.3.11.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.3.11.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.3.11.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.3.12. Rest Of Europe
- 10.3.12.1. Introduction
- 10.3.12.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.3.12.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.3.12.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.3.12.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.3.12.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.4. Asia-Pacific
- 10.4.1. Introduction
- 10.4.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.4.3. Market Size and Forecast, By Country, 2020 - 2028
- 10.4.4. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.4.5. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.4.6. Market Size and Forecast, By Application, 2020 - 2028
- 10.4.7. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.4.8. China
- 10.4.8.1. Introduction
- 10.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.4.8.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.4.8.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.4.8.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.4.8.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.4.9. India
- 10.4.9.1. Introduction
- 10.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.4.9.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.4.9.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.4.9.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.4.9.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.4.10. Japan
- 10.4.10.1. Introduction
- 10.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.4.10.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.4.10.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.4.10.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.4.10.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.4.11. South Korea
- 10.4.11.1. Introduction
- 10.4.11.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.4.11.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.4.11.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.4.11.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.4.11.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.4.12. Rest Of Asia-Pacific
- 10.4.12.1. Introduction
- 10.4.12.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.4.12.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.4.12.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.4.12.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.4.12.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.5. Rest Of The World (RoW)
- 10.5.1. Introduction
- 10.5.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.5.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.5.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.5.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.5.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.5.7. Market Size and Forecast, By Region, 2020 - 2028
- 10.5.8. South America
- 10.5.8.1. Introduction
- 10.5.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.5.8.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.5.8.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.5.8.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.5.8.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- 10.5.9. Middle East & Africa
- 10.5.9.1. Introduction
- 10.5.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 10.5.9.3. Market Size and Forecast, By Operational Speed, 2020 - 2028
- 10.5.9.4. Market Size and Forecast, By Propulsion Type, 2020 - 2028
- 10.5.9.5. Market Size and Forecast, By Application, 2020 - 2028
- 10.5.9.6. Market Size and Forecast, By Battery Technology, 2020 - 2028
- Chapter 11. Competitive Landscape
- 11.1. Introduction
- 11.2. Vendor Share Analysis, 2020/Key Players Positioning, 2020
- Chapter 12. Company Profiles
- 12.1. Bombardier
- 12.1.1. Business Overview
- 12.1.2. Financial Analysis
- 12.1.3. Product Portfolio
- 12.1.4. Recent Development and Strategies Adopted
- 12.1.5. SWOT Analysis
- 12.2. Alstom
- 12.2.1. Business Overview
- 12.2.2. Financial Analysis
- 12.2.3. Product Portfolio
- 12.2.4. Recent Development and Strategies Adopted
- 12.2.5. SWOT Analysis
- 12.3. Siemens
- 12.3.1. Business Overview
- 12.3.2. Financial Analysis
- 12.3.3. Product Portfolio
- 12.3.4. Recent Development and Strategies Adopted
- 12.3.5. SWOT Analysis
- 12.4. Wabtec Corporation
- 12.4.1. Business Overview
- 12.4.2. Financial Analysis
- 12.4.3. Product Portfolio
- 12.4.4. Recent Development and Strategies Adopted
- 12.4.5. SWOT Analysis
- 12.5. Stadler
- 12.5.1. Business Overview
- 12.5.2. Financial Analysis
- 12.5.3. Product Portfolio
- 12.5.4. Recent Development and Strategies Adopted
- 12.5.5. SWOT Analysis
- 12.6. Hyundai Rotem
- 12.6.1. Business Overview
- 12.6.2. Financial Analysis
- 12.6.3. Product Portfolio
- 12.6.4. Recent Development and Strategies Adopted
- 12.6.5. SWOT Analysis
- 12.7. Cummins
- 12.7.1. Business Overview
- 12.7.2. Financial Analysis
- 12.7.3. Product Portfolio
- 12.7.4. Recent Development and Strategies Adopted
- 12.7.5. SWOT Analysis
- 12.8. Hitachi
- 12.8.1. Business Overview
- 12.8.2. Financial Analysis
- 12.8.3. Product Portfolio
- 12.8.4. Recent Development and Strategies Adopted
- 12.8.5. SWOT Analysis
- 12.9. Toshiba
- 12.9.1. Business Overview
- 12.9.2. Financial Analysis
- 12.9.3. Product Portfolio
- 12.9.4. Recent Development and Strategies Adopted
- 12.9.5. SWOT Analysis
- 12.10. CRRC
- 12.10.1. Business Overview
- 12.10.2. Financial Analysis
- 12.10.3. Product Portfolio
- 12.10.4. Recent Development and Strategies Adopted
- 12.10.5. SWOT Analysis
- Chapter 13. Key Takeaways
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook