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 aims to provide a comprehensive presentation of the global market for Locomotives (Rolling Stock), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Locomotives (Rolling Stock). Locomotives Market contains market size and forecasts of Locomotives (Rolling Stock) in global, including the following market information:
Global Locomotives (Rolling Stock) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Locomotives (Rolling Stock) Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Locomotives (Rolling Stock) companies in 2022 (%)
The global Locomotives (Rolling Stock) market was valued at US$ 88430 million in 2022 and is projected to reach US$ 111360 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Locomotives (Rolling Stock) key players include CRRC, GE, Alstom, etc. Global top three manufacturers hold a share over 50%.
North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, both have a share about 55 percent.
In terms of product, Diesel Locomotive is the largest segment, with a share over 70%. And in terms of application, the largest application is Freight Transport, followed by Passenger Transport.
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, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Locomotives (Rolling Stock) Market Segment Percentages, by Type, 2022 (%)
Diesel Locomotive
Electric Locomotive
Global Locomotives (Rolling Stock) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Locomotives (Rolling Stock) Market Segment Percentages, by Application, 2022 (%)
Passenger Transport
Freight Transport
Global Locomotives (Rolling Stock) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Locomotives (Rolling Stock) Market Segment Percentages, By Region and Country, 2022 (%)
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, 2018-2023 (Estimated), ($ millions)
Key companies Locomotives (Rolling Stock) revenues share in global market, 2022 (%)
Key companies Locomotives (Rolling Stock) sales in global market, 2018-2023 (Estimated), (Units)
Key companies Locomotives (Rolling Stock) sales share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Locomotives (Rolling Stock), market overview.
Chapter 2: Global Locomotives (Rolling Stock) market size in revenue and volume.
Chapter 3: Detailed analysis of Locomotives (Rolling Stock) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Locomotives (Rolling Stock) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Locomotives (Rolling Stock) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.