Electric Locomotives Global Market By Component, By Technology, By Product Type, By Application, By Region and Forecast 2023-2032 | Bombardier Inc., Alstom SA, Siemens AG, Stadler Rail AG, Hitachi Ltd.

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The Business Research Company’s Electric Locomotives Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Electric Locomotives Global Market Report 2023 evaluates electric locomotives market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global electric locomotives market size will grow from $1.67 billion in 2022 to $1.89 billion in 2023 at a compound annual growth rate (CAGR) of 13.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global electric locomotives market size is expected to grow to $2.90 billion in 2027 at a CAGR of 11.4%.

The electric locomotives market segments in the report are:

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

Top 5 Major Key Players Are:

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The table of contents in TBRC’s electric locomotives market report includes:

  1. Executive Summary
  2. Electric Locomotives Market Characteristics
  3. Electric Locomotives Market Trends And Strategies
  4. Electric Locomotives Market – Macro Economic Scenario
  5. Electric Locomotives Market Size And Growth


  1. Africa Electric Locomotives Market
  2. Electric Locomotives Market Competitive Landscape And Company Profiles
  3. Key Mergers And Acquisitions In The Electric Locomotives Market
  4. Electric Locomotives Market Future Outlook and Potential Analysis
  5. Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 47: CRRC Corporation Limited Financial Performance
Table 48: Bombardier Inc. Financial Performance
Table 49: Alstom SA Financial Performance
Table 50: Siemens AG Financial Performance
Table 51: Kawasaki Heavy Industries Ltd. Financial Performance

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