Global Locomotive Gearboxes Market Growth 2024-2030
A locomotive gearbox is a mechanical device used to transmit power from the locomotive's prime mover (such as a diesel engine or electric motor) to the driving wheels. The gearbox plays a critical role in converting the high-speed, low-torque output of the prime mover into lower-speed, higher-torque rotation required by the wheels to propel the locomotive and its attached load
The global Locomotive Gearboxes market size is projected to grow from US$ million in 2024 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 Gearboxes Industry Forecast” looks at past sales and reviews total world Locomotive Gearboxes sales in 2023, providing a comprehensive analysis by region and market sector of projected Locomotive Gearboxes sales for 2024 through 2030. With Locomotive Gearboxes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Locomotive Gearboxes industry.
This Insight Report provides a comprehensive analysis of the global Locomotive Gearboxes 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 Gearboxes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Locomotive Gearboxes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Locomotive Gearboxes 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 Gearboxes.
United States market for Locomotive Gearboxes is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Locomotive Gearboxes is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Locomotive Gearboxes is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Locomotive Gearboxes players cover ZF Friedrichshafen, NGC, Siemens, Voith, Wikov (Gmeinder), etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Locomotive Gearboxes market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Helical Gearboxes
Bevel Gearboxes
Others
Segmentation by Application:
Diesel-Electric Locomotives
Electric Locomotives
Others
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 analysing the company's coverage, product portfolio, its market penetration.
ZF Friedrichshafen
NGC
Siemens
Voith
Wikov (Gmeinder)
Mitsubishi Electric
Hitachi Nico Transmission
CAF MiiRA
TS Henschel
David Brown Santasalo
Toyo Denki Seizo K.K.
Riduttori Italia
Dromos s.r.l.
Traktionssysteme Austria (TSA)
CFD
GGT GMEINDER GETRIEBETECHNIK GmbH
Taiyuan Heavy Industry
CRRC
Chongqing CAERIVehicle Transmission
Key Questions Addressed in this Report
What is the 10-year outlook for the global Locomotive Gearboxes market?
What factors are driving Locomotive Gearboxes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Locomotive Gearboxes market opportunities vary by end market size?
How does Locomotive Gearboxes break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.