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 is expected to grow from $12,031.9 million in 2026 at a rate of 13.2%. The market is then expected to grow at a CAGR of 6.5% from 2026 and reach $16,488.1 million in 2031.
The growing preference for pollution free efficient systems will be expected to drive the electric locomotives market during the forecast period. Pollution free efficient systems can lower both indoor and outdoor air pollution concentrations. It generates a variety of economic, environmental and health benefits related to local air quality. Many electric locomotives being introduced to the market will utilize distributed energy systems (DES) as a pathway to a more sustainable railway. The need for electric locomotives will rise in response to the growing demand for green energy and noise-free locomotives, as electric locomotives are powered by non-polluting electricity. For instance, Alstom, a France-based rolling stock manufacturer operating worldwide in rail transport markets, launched Coradia iLint, the world’s first hydrogen fuel cell passenger train. Alstom Coradia iLint is the world’s first and only operating hydrogen-powered passenger train. This zero-emission train is silent and emits only water vapor and condensation. The train incorporates various advances, including clean energy conversion, an efficient energy supply and storage system and intelligent energy management. It is specifically designed for use on non-electrified lines and allows for clean, sustainable train operations. Therefore, the growing preference for a pollution free efficient system will drive the growth of electric locomotives market during the forecast period.
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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
The table of contents in TBRC’s electric locomotives market report includes:
1.Executive Summary
2.Table of Contents
3.List of Figures
4.List of Tables
5.Report Structure
……………….
19. Company Profiles
20. Key Mergers and Acquisitions
21. Global Electric Locomotives Market Opportunities And Strategies
22. Electric Locomotives Market, Conclusions And Recommendations
23.Appendix
List Of Tables :
Table 1: Global Electric Locomotives Market, Historic, 2016 – 2021, $ Million
Table 2: Global Electric Locomotives Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 3: Global Electric Locomotives Market, Segmentation By Energy Transfer, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 4: Global Electric Locomotives Market, Segmentation By Energy Transfer, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 5: Global Electric Locomotives Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
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Table 154: Global Electric Locomotives Market Size Gain ($ Million), Segmentation By Energy Transfer, 2021 – 2026
Table 155: Global Electric Locomotives Market Size Gain ($ Million), Segmentation By Technology, 2021 – 2026
Table 156: Global Electric Locomotives Market Size Gain ($ Million), Segmentation By Traction Units, 2021 – 2026
Table 157: Global Electric Locomotives Market Size Gain ($ Million), Segmentation By Application, 2021 – 2026
Table 158: Electric Locomotives – Market Data Sources
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