Global Locomotive Diesel Engine Market Growth 2024-2030

Global Locomotive Diesel Engine Market Growth 2024-2030

A locomotive or engine is a rail transport vehicle that provides the motive power for a train. If a locomotive is capable of carrying a payload, it is usually rather referred to as a multiple unit, motor coach, railcar or power car; the use of these self-propelled vehicles is increasingly common for passenger trains, but rare for freight (see CargoSprinter and Iron Highway).

The global Locomotive Diesel Engine market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Locomotive Diesel Engine Industry Forecast” looks at past sales and reviews total world Locomotive Diesel Engine sales in 2023, providing a comprehensive analysis by region and market sector of projected Locomotive Diesel Engine sales for 2024 through 2030. With Locomotive Diesel Engine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Locomotive Diesel Engine industry.

This Insight Report provides a comprehensive analysis of the global Locomotive Diesel Engine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Locomotive Diesel Engine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Locomotive Diesel Engine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Locomotive Diesel Engine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Locomotive Diesel Engine.

According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.

This report presents a comprehensive overview, market shares, and growth opportunities of Locomotive Diesel Engine market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Below 500 Kw
500-1000 Kw
1000-3000 Kw
Above 3000 Kw

Segmentation by application
Freight locomotive
Passenger locomotive

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cummins
Caterpillar
Rolls-Royce Holdings
Volvo Penta
MAN Engines
Dalian CRRC Diesel Engine
Anglo Belgian Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Locomotive Diesel Engine market?

What factors are driving Locomotive Diesel Engine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Locomotive Diesel Engine market opportunities vary by end market size?

How does Locomotive Diesel Engine break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.