The Electric Locomotives Global Market Report 2020-30 by The Business Research Company describes and explains the global electric locomotives market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Electric Locomotives Global Market Report 2021 covers electric locomotives market drivers, electric locomotives market trends, electric locomotives market segments, electric locomotives market growth rate, electric locomotives market major players, and electric locomotives market size.
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The electric locomotives market report provides an in-depth analysis of the impact of COVID-19 on the global electric locomotives industry, along with revised market numbers due to the effects of the coronavirus and the expected electric locomotives market growth numbers 2021-2030.
Electric Locomotives Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global electric locomotives market is expected to grow from $6.08 billion in 2020 to $6.47 billion in 2021 at a compound annual growth rate (CAGR) of 6.4%. The market is expected to reach $8.96 billion in 2025 at a CAGR of 8%.
The report covers the electric locomotive market segments-
1) By Energy Transfer: Overhead Lines, Third Rail, On-Board Energy Storage.
2) By Technology: IGBT Module, GTO Thyristor, SIC Module.
3) By Traction Units: AC Traction Units, DC Traction Units, Multi System Units.
4) By Application: Passenger Transport, Freight Transport.
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