The global locomotive market size was USD 14.31 Billion in 2021 and is expected to register a revenue CAGR of 7.7% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of autonomous locomotive engines is a key factor driving market revenue growth.
The latest market intelligence report, titled ‘Global Locomotive Market’, is intended to provide the target audience with the necessary information about the global Locomotive market industry The report carefully investigates the present market scenario and the fundamental growth prospects. The research may be useful for leading businesses looking for new sources of income, as well as for businesses aiming to diversify into new markets or expand their current operations, as well as for businesses seeking to diversify into new markets.The report entails an organized database of the Locomotive market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
Covid 19 impact analysis :
In view of the current COVID-19 pandemic, the growth of the Locomotive industry is expected to be significantly affected, especially due to movement restrictions and lockdowns affecting supply and demand. There has been a significant impact of the COVID-19 pandemic on several sectors of the global market. The Locomotive sector is expected to be affected too. The economic slowdown and dynamic changes in the demands will also adversely affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Locomotive industry.
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Top key players:
Strukton, Alstom SA., Hitachi Ltd., Bombardier Inc., Bharat Heavy Electricals Limited, Brookville Equipment Corporation, CRRC Corporation Limited, AEG Power Solutions, Toshiba Corporation, Siemens AG., Mitsubishi Heavy Industries, Ltd., and Wabtec Corporation
How will the Locomotive Market, 2022 to 2030 report help you?
In summary, our 250-page report provides you with the following knowledge:
Revenue forecasts to 2030 for Locomotive Market, 2022 to 2030 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
Revenue forecasts to 2030 for four regional and 20 key national markets – See forecasts for the Locomotive Market, 2022 to 2030 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Locomotive Market, 2022 to 2030.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
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Segmentation :
-
Technology Outlook (Revenue, USD Billion; 2019-2030)
- Gate Turn-Off (GTO) Thyristor
- Insulated-Gate Bipolar Transistor (IGBT) Module
- Silicon Carbide (SiC) Module
-
Type Outlook (Revenue, USD Billion; 2019-2030)
- Diesel
- Electric
- Electro-Diesel
- Others
-
Component Outlook (Revenue, USD Billion; 2019-2030)
- Rectifier
- Alternator
- Traction Motor
- Inverter
- Auxiliary Power Conversion Unit
- Others
Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Locomotive market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
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You need to discover how this will impact the Locomotive market today, and over the next 10 years:
Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
The report highlights key lucrative areas in the industry so you can target them – Now.
It contains in-depth analysis of global, regional and national sales and growth.
It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you Today how the Locomotive market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
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