Locomotives Market

Locomotive is a rail transport vehicle that provides the motive power for a train. Locomotives use electricity to drive forward motion despite some locomotive named 'diesel'. In diesel locomotive, a large diesel engine turns a shaft that drives a generator which makes electricity. This electrical energy powers large electric motors at the wheels called 'traction motors'.

Locomotives Market contains market size and forecasts of Locomotives (Rolling Stock) in global, including the following market information:

Global Locomotives (Rolling Stock) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Locomotives (Rolling Stock) Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Locomotives (Rolling Stock) companies in 2021 (%)

The global Locomotives (Rolling Stock) market was valued at 88430 million in 2021 and is projected to reach US$ 111360 million by 2028, at a CAGR of 3.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Diesel Locomotive Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Locomotives (Rolling Stock) include CRRC, GE, Alstom, Siemens, Bombardier, Hitachi, Transmashholding, EMD (Catepiller) and Kawasaki Heavy Industries, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Locomotives (Rolling Stock) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Locomotives (Rolling Stock) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Locomotives (Rolling Stock) Market Segment Percentages, by Type, 2021 (%)

Diesel Locomotive

Electric Locomotive

Global Locomotives (Rolling Stock) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Locomotives (Rolling Stock) Market Segment Percentages, by Application, 2021 (%)

Passenger Transport

Freight Transport

Global Locomotives (Rolling Stock) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Locomotives (Rolling Stock) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Locomotives (Rolling Stock) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Locomotives (Rolling Stock) revenues share in global market, 2021 (%)

Key companies Locomotives (Rolling Stock) sales in global market, 2017-2022 (Estimated), (Units)

Key companies Locomotives (Rolling Stock) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

CRRC

GE

Alstom

Siemens

Bombardier

Hitachi

Transmashholding

EMD (Catepiller)

Kawasaki Heavy Industries

Stadler Rail

Hyundai Rotem