Global Electric Locomotive Supply, Demand and Key Producers, 2023-2029
The global Electric Locomotive market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).
An electric locomotive is a locomotive powered only by electricity. Electricity is supplied to moving trains with a (nearly) continuous conductor running along the track that usually takes one of three forms: an overhead line, suspended from poles or towers along the track or from structure or tunnel ceilings; a third rail mounted at track level; or an onboard battery. Both overhead wire and third-rail systems usually use the running rails as the return conductor but some systems use a separate fourth rail for this purpose. The type of electrical power used is either direct current (DC) or alternating current (AC).
This report studies the global Electric Locomotive production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Electric Locomotive, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Electric Locomotive that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Electric Locomotive total production and demand, 2018-2029, (Units)
Global Electric Locomotive total production value, 2018-2029, (USD Million)
Global Electric Locomotive production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Units)
Global Electric Locomotive consumption by region & country, CAGR, 2018-2029 & (Units)
U.S. VS China: Electric Locomotive domestic production, consumption, key domestic manufacturers and share
Global Electric Locomotive production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Units)
Global Electric Locomotive production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Units)
Global Electric Locomotive production by Application production, value, CAGR, 2018-2029, (USD Million) & (Units).
This reports profiles key players in the global Electric Locomotive market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CRRC, TMH, Alstom, Wabtec (GE), Bombardier, CLW, BLW, Siemens and Hitachi, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Electric Locomotive market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Electric Locomotive Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Electric Locomotive Market, Segmentation by Type
Direct Current (DC)
Alternating Current (AC)
Global Electric Locomotive Market, Segmentation by Application
Freight Transport
Passenger Transport
Companies Profiled:
CRRC
TMH
Alstom
Wabtec (GE)
Bombardier
CLW
BLW
Siemens
Hitachi
Progress Rail
Hyundai Rotem
Key Questions Answered
1. How big is the global Electric Locomotive market?
2. What is the demand of the global Electric Locomotive market?
3. What is the year over year growth of the global Electric Locomotive market?
4. What is the production and production value of the global Electric Locomotive market?
5. Who are the key producers in the global Electric Locomotive market?