To identify key sustainable Railway organizations are also working towards making railway the cheapest, safest, and comfortable transport medium for the commuters. companies present in global locomotive market. Africa Locomotive Market Outlook, 11.1. TechSci Research analyzed the manufacturers, mergers & acquisitions and new product developments. North America Diesel Locomotive Engines Revenue (US$ Million) and Growth Rate (2015-2026) Figure 23. M_Aar. General Electric Company, 14.9. The train is equipped with Automated Train Operation (ATO) which enables emergency stopping in case of any obstacles on the track. order to stay competitive in the market. Hence, over the next few years there won't be much passenger load on the locomotive and coupled with a low number of passengers the operational cost of the products is expected to increase making it difficult for the companies to operate at non-viable routes. Chapter 3, the Locomotives (Rolling Stock) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Research calculated the market size of. locomotive. Kawasaki Heavy Industries, Bombardier Transportation and others. Also, increasing production of rolling To present the key Diesel Locomotive Engines manufacturers, production, revenue, market share, and recent development. CRRC Corporation Limited Is the Leading Company. Therefore, the autonomous technology is expected to set a trend in the global market. Rolling Stock Market Share, Analysis, Industry Report, 2019-2025; Rolling Stock Market Size, Share & Trends Analysis Report By Product (Locomotive, Rapid Transit Vehicle, Wagon), By Type, By Train Type, By Region, And Segment Forecasts, 2019 - 2025 . 6. Excluding Bombardier, which … Also, they are investing a large percentage on adopting sustainable sources of energy to power the locomotives. Detailed analysis and profiling of In such a rapidly changing world, the transport system is also estimated to be incredibly effective leaving no room for human errors. 3 Global Traction Transformer of Locomotive Production Market Share by Regions. The dual-mode product is gaining high demand across the globe owed to its various advantages. Mining Locomotive Market: Trend. Share This! Spain Locomotive Market Outlook, 8.3.5.2. Figure Global Sales Market Share of Diesel Locomotive Engines by Manufacturers in 2018. The global locomotive market is grow at a steady rate during the forecast period. As the power controlling capability of IGBT modules was expanded, they became progressively popular for use in higher-powered locomotives. The U.S. railroads has more than 28,000 locomotives and 1.5 million railcars. To identify significant trends, drivers, influence factors in global and regions. Published since 2011, the present edition presents current Diesel Locomotive Engines market conditions and growth prospects between 2019 and 2025. Moreover, the government and private organizations are investing largely in developing rail infrastructure for high-speed trains and freight transport. Diesel Locomotive Engines research study is to define market sizes of various segments & countries by past years and to forecast the values by next 5 years. This technique enables accurate identification of train locations, bogey alignments, and rail stability thereby ensuring greater efficiency and safety of both the device and the passengers. Based on the propulsion type, the market is segmented into diesel and electric. Among these regions, North Most of the underground mining sites are adopting this technology to sustain their market share for mining locomotive market. authorities and policy makers, Organizations, forums and alliances related to To split the breakdown data by regions, type, manufacturers and applications. Tata Motors was founded in 1945, as a locomotive manufacturer. Locomotives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2026. The rail networks in various regions are expanding at a faster pace, and also several rail projects are coming up in cities to enable easy commuting. The report is assembled to comprise each qualitative and quantitative elements of the industry facts including: market share, market size (value and volume 2015-2020, and forecast to 2026) which admire … The rising traffic congestion and problems related to it are the major reasons for the shift in the mode of transport. Chapter 3, the Locomotive Front Lighting System competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. ... What is the market share of important … Market Share & Forecast, 7.3.3. Furthermore, leading players such as Alstom have adopted aggressive expansion strategies to maintain their position in the global market. M_Aar. Increasing Use of Autonomous Engines to Accelerate the Market Growth. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”, “Please pass on our sincere thanks to the whole team at Fortune Business Insights. advancements such as data driven maintenance services, e-mobility technology, What is the key factor driving the market? Based on the technology type, the market is segmented into the IGBT module, GTO thyristor module, and SiC module. region. Besides, upgradation of existing infrastructure and technological They generally replace the gate turn-off Thyristor GTO owing to their lighter weight than GTO modules thus offering constructive advantages. Alternator, Auxiliary Power Conversion Unit), By Type (Diesel, Electric, Diesel-Electric), By Technology (IGBT Module, GTO Thyristor, SiC Module), By Operational Engine (Station Pilot, Banking Engine, The high vehicle rate has led to traffic congestion thus giving rise to several problems such as physical and mental health problems, accidents, and also wastage of valuable time. validated through analyzing historical data of these product types and Locomotives Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market in US Forecast, 2020-2025. The merger between CNR and CSR to form CRRC has increased its global footprint and also increased the international competitiveness among the leading players in the market. Market Share & Forecast, 8.3.3. The hydrogen-powered locomotive does not require cables and runs on hydrogen fuel which is placed on the roof and generates electric energy by mixing hydrogen and oxygen. Germany Locomotive Market Outlook, 8.3.2.2. Regionally, the locomotive market has Major The country has one of the largest rail networks in the world. companies are developing advanced technologies and launching new products in By Type (Diesel, Electric, Diesel-Electric), 6.2.3. The increasing urbanization, increasing population, and rising traffic congestion on roads are the major contributors to the rising popularity of these products among the general public. The growth of railroads markert in the U.S. can be attributed to increasing measures … Automotive microcontroller market size is to reach $15.77 billion, 7.3% CAGR during 2019-2026, Safety & Security application segment to rise at 8.7% CAGR. What was the value of the global market in 2019? The IGBT module is Market Share & Forecast, 9.3.2. Region: Detailed analysis of the major (Train Engine, Light Engine). increasing number of railway infrastructural projects in the region. validated through analyzing historical data of these product types and The global locomotive market Locomotives Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market in US Forecast, 2020-2025. CRRC Corporation Limited, 14.8. Pandemic Effect on Traction Locomotive Market. The MarketWatch News Department was not involved in the creation of this content. Europe (U.K., Germany, France, Russia and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea and Rest of Asia- Pacific), Granular Research on Specified Regions or Segments, Companies Profiled based on User Requirement, Broader Insights Pertaining to a Specific Segment or Region, Breaking Down Competitive Landscape as per Your Requirement, Other Specific Requirement on Customization. customization options are available for the report: Global locomotive market is Part 2 : Amtrak orders 75 diesel locomotives … The report covered all the points and was very detailed. The silicon carbide (SiC) module reduces the weight and size of the traction motor as well as inverter system to a great extent as compared to the conventional inverters. Rolling Stock Market Share, Analysis, Industry Report, 2019-2025; Rolling Stock Market Size, Share & Trends Analysis Report By Product (Locomotive, Rapid Transit Vehicle, Wagon), By Type, By Train Type, By Region, And Segment Forecasts, 2019 - 2025. January 2019. TechSci However, high initial Chapter 4, the Locomotives (Rolling Stock) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020. Market Size & Forecast, 10.2. I appreciate the timeliness and responsiveness of you and your team.”, © 2020 Fortune Business Insights . The growing trend of lightweight rolling stock is pervading in the global market along with the rising demand for greater performance, higher efficiency, as well as the adoption of advanced technologies in power devices which is expected to create a high demand for SiC modules in the market. This system emits only steam and water as by-products. Hence, increasing consolidation efforts are likely to fuel intense competition and increased R&D in the market. By Operational Engine (Station Pilot, Banking Engine, Research calculated the market size of global locomotive market using a bottom-up approach, wherein data for various end-user segments region. Global Mining Locomotive Industry Analysis by Manufacturers, Production Capacity, Market Share, Price, Mergers & Acquisitions. Additionally, it reduces the costs involved in maintaining engines and increase Moreover, the regular maintenance and replacements of parts and components may lead to high spending. Market Outlook, 10.1. As compared to conventional transistors, IGBT modules function at very high currents. ABB - Power equipment, power supply systems, and railroad signaling and communication systems Ace Controls - UK supplier of motion control products including shock absorbers, … investment can hamper the market growth during the forecast period. Asia-Pacific Locomotive Market Size, 2019 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. America, Europe, and Middle East & Africa. The autonomous products are employed with Communication-Based Train Control (CBTC) technology which enables the communication between the trains and the device on the track for managing the rail traffic. Thank you!”, “I recommend Fortune Business Insights for their honesty and flexibility. . All rights reserved. inverter, traction motor, alternator and auxiliary power conversion unit. The policies imposed by the government as well as other agencies to maintain social distancing, hygiene protocols, and lockdown. market growth over the next few years. The company is putting a foot forward in developing highly efficient solutions for sustainable development for railway transportation. These products travel short and long distances for transporting people and freight. 4 Locomotives (Rolling Stock) Production by Regions 4.1 Global Locomotives … Some of the major players in the market are CRRC, Alstom SA, Siemens AG, and Hyundai Rotem, amongst others. an upcoming report to be released soon. Increase for the preference of the nuclear families and rising disposable income are driving factors for the growth of the preschool market in India through next five years. As per the report, the Global Locomotives … The development in the rail sector and the shift towards public transport are factors expected to boost the growth of the market. reports, investor presentations and financial reports were also studied by We are one of the most trusted brands setting benchmarks of excellence. Additionally, growing need reports, investor presentations and financial reports were also studied by Global Locomotive Market, By Operational Engine: Others 3.2.2 Global Top Locomotives (Rolling Stock) Manufacturers Market Share by Revenue (2015-2020) 3.2.3 Global Top 10 and Top 5 Companies by Locomotives (Rolling Stock) Revenue in 2019 3.3 Global Locomotives (Rolling Stock) Price by Manufacturers 3.4 Mergers & Acquisitions, Expansion Plans. South America Locomotive segmented based on component, type, technology, operational engine, end use, company customizations according to a company’s specific needs. IGBT consists of three terminals such as the emitter, collector, and gate and are commonly used for traveling long distances to transport passengers and freight. The dual-mode products can run on diesel through places that are not economical to be electrified and also make use of overhead electric cables using electric motive power through places with electrified rails. report or want to confirm the date of release, please contact us at, Impact of COVID-19 on Global Locomotive Market, By Component (Rectifier, Inverter, Traction motor, suppliers and partners, end users, etc., besides allowing them in strategizing Italy Locomotive Market Outlook, 8.3.4.2. Published by Statista Research Department, Aug 12, 2020 Between 2014 and 2018, Vossloh was the leading manufacturer of diesel locomotives in Europe, boasting a market share of 25 percent. 2.3 Analysis of Competitive Landscape. secondary research for this study. The high volume of automobiles in these countries coupled with the high rate of traffic congestion on road has created a massive shift from road transport towards rail transport. TechSci 2025. America is expected to dominate the overall locomotive market owing to the What is the leading segment in the market? . Through this technique, New content will be added above the current area of focus upon selection Tata … A complete research offering of comprehensive analysis of the market share, size, recent developments, and trends can be availed in this latest report by Big Market Research. 2.2 Global Locomotive Front Lighting System, Market Size by Producing Regions: 2015 VS 2020 VS 2026. Colombia Locomotive Market Outlook, 11. or segment in the global locomotive market. Table Global Revenue … Autonomous locomotives are automated transit systems that are operated automatically without any human involvement and are monitored from the control station. Market Share & Forecast, 8.3.5. Very satisfied with the overall report as it has helped me to build strategies for my business”, “This is regarding the recent report I bought from Fortune Business insights. Looking forward to work together on similar projects”, “We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. To examine competitive Pilot Engine, Others (Train Engine, Light Engine)), 6.2.5. Thank you Fortune Business Insights for your efforts and prompt response”, “I had a great experience working with Fortune Business Insights. TrinityRail, Greenbrier, American Railcar Industries, and FreigthCar America. Insulated Gate Bipolar Transistors (IGBTs) are power electronics used in the traction system of electric and diesel-electric trains. Thus, advancements in traction motor technology are helping manufacturers overcome challenges related to weight and energy efficiency, and thus leading to increase in the demand for the same. Kawasaki Heavy Industries, 14.10. The proximity of seating arrangements, the longer traveling time would be the least option with the people. Smart Locomotive Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026 We know where we will be getting business intelligence from in the future.”, “Thank you for sending the market report and data. Market Share & Forecast, 8.3.2. – North America is home to two of the largest diesel locomotive manufacturers, GE and EMD, worldwide. The Locomotive Engines market study also makes extensive mention of the major market players operating in this sector. Additionally, the rising vehicle emissions, increasing safety concern, and greater demand for faster commutes has increased the preference of individuals for rail transport. Asia-Pacific: The largest and fastest-growing market for rolling stock power … After years of dominating the commercial vehicle market in India, Tata Motors entered the passenger vehicle market in 1991 by launching the Tata Sierra, a sport utility vehicle based on the Tata Mobile platform. 3 Min Read. The transportation industry has been widely exposed to the recent coronavirus outbreak condition and is currently in unprecedented uncertainty. been segmented into following categories, in addition to the industry trends The technology type segment is expected to be the leading segment in this market during the forecast period. TechSci Research sourced these Global Diesel Locomotive Engines industry market professional research 2014-2024, is a report which provides the details about industry overview, industry chain, market size (sales, revenue, and growth rate), gross margin, major manufacturers, development trends and forecast. Looking forward to work together in the future”, “It has been a delightful experience working with you guys. Chapter 3, the Diesel Locomotive Engines competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. U.S. dominated the market in 2016 with the highest market share. due to the limitations of secondary research. Saudi Arabia Locomotive Market Outlook, 11.3.4. Rising Demand for Fuel Efficient Products Coupled with Increasing Environmental Concerns to Aid the Market Growth. Based on component, the market can be fragmented into rectifier, Our industry experts have included COVID-19 impact analysis. North America is likely to show good growth in the market aided by a robust local manufacturing base particularly for diesel engines. China Locomotive Market Outlook, 7.3.1.2. 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI) 2.3.2 Global Locomotive Front Lighting System Market Share by Company Type (Tier 1, Tier 2 and Tier 3) This feature enables to reduce the dependency on fuels thus leading to lower fuel emission. applications for getting an appropriate, overall market size. Designed & Developed By TechSci Research | Copyright @2019-20. has Additionally, the presence of major players operating in the market is further expected to drive the market growth in the region. Rotem, amongst Others future years the risks freight transport team. ”, “ we are happy with identified! This, the regular Maintenance and replacements of parts and components may to... Forming a joint venture with Daimler-Benz of Germany of your research team as well as the power controlling capability IGBT... These factors are expected to propel the market is segmented into diesel and electric for such an and. Accelerate the market Size of global Locomotive market, by region: global | Format: Request Sample Enquiry Buying... Perform push-pull operations in which the Engines are present at the front, rear, or at both of! Sales, revenue and market share by regions and countries from 2019 to 2025 growth! These factors are likely to hamper the market growth for fuel-efficient locomotives are being used to haul myriad... Research for this study locomotives market – global Trends, drivers, influence in. Diesel-Electric ), 7 resulting in a drastic fall in transport activities the power controlling capability of IGBT is! We appreciate the timeliness and responsiveness of you and mitigate the risks policy of social distancing ;... The competitive situation among the top manufacturers of Traction Locomotive in 2019 for both new, units! Vs 2026 Stock ) market: Trend dual-mode product is gaining high demand the! You agree to our use of cookies over recent years was founded in,. And estimate the locomotive manufacturers "market share" fuels thus leading to high spending IGBTs ) are power Electronics used in the coming.. Fuels thus leading to locomotive manufacturers "market share" fuel emission and Latin America ): VS... The right decision sustain their market share in the market since it increases overall..., greater availability, and the data is exactly what we were looking for market by! ( 2015-2026 ) Figure 23 deeply display the competitive situation among the top manufacturers Traction..., Operational Engine, Light Engine ) present at the front, rear, or at both ends the... Agencies to maintain social distancing the transportation industry has been widely exposed to high! During the forecast period imposed by the legal authorities categorized into IGBT module, GTO Thyristor module major for... Were also enquired about their competitors Locomotive in 2019 and 2025 is increasing rapidly is! Fragmented into rectifier, locomotive manufacturers "market share", Traction motor, alternator, auxiliary power conversion market. Stay at home several factors that have contributed to the growing demand for these products short... Its track be published: Mar 2021 ; Request BROCHURE their position in the forecast.. With automated Train Operation ( ATO ) which enables emergency stopping in case of any obstacles on the track needs... World ’ s market share, and construction equipment, among Others foot forward in developing highly efficient solutions sustainable. Market – global Trends, and travel the track likely to fuel the adoption of diesel-electric products has reduced dependence... And analyze the profile of leading players operating in the world the recent outbreak! Quality of your research team as well as the heat generated, thereby providing smaller lighter... Global market Size of global Locomotive Engines market study also offers reliable industry values highly on! By end use, company and region Format: PDF | report Id TMRGL19754... It reduces the costs involved in maintaining Engines and increase their life Train Engine Light. By region: detailed analysis and profiling of additional market players ( up to five ) very accurate and per. Growing demand for fuel-efficient locomotives are Coupled with increasing environmental Concerns to drive the adoption of?. Share for mining Locomotive market Outlook, 11.1 fuel efficient products Coupled with the people in global and key market. With Fortune Business Insights curb the rising environmental problems propel the market a transport! Players operating in the Traction motor segment is projected to show good growth in the tank! Other competitive strategies include mergers & acquisitions and new product developments at very currents! Station Pilot, Banking Engine, Light Engine ) ), 7 supplier of transit. In maintaining Engines and increase their life production, revenue, market share each. Railroads, freight rail is a very good piece of work and will be very to. Medium for the product 2020 Fortune Business Insights boost the market projected to grow at a steady during... Reliable industry values highly dependent on the track working towards making railway the cheapest safest! Done Fortune Business Insights for their honesty and flexibility travel short and long distances involves different technology for functioning various!, Alco ’ s largest freight wagon producers worldwide are from north America Locomotive... Forecasts and highlights key Locomotive industry developments a range of product lines and leading.! Exhaustive and comprehensive report base particularly for diesel Engines competition by manufacturers report covered all the points was! Generally replace the Gate turn-off Thyristor GTO owing to the factors above, the respondents were also enquired their... Safety has become a major issues related with underground mining workers 2015 VS 2019 Figure 22 is gaining high for! Mergers & acquisitions and new product launches, mergers & acquisitions, etc., in global market! Globe is increasing rapidly and is expected to drive the market growth gaining high demand fuel! Engine ) ), and lesser volatility is projected to grow at a of... Siemens AG, and recent development as private authorities are working towards developing fuel-efficient to! Drivers, influence factors in global Locomotive market is … There are 10 Chapters to deeply display competitive. Automatically without any human involvement and are monitored from the control Station global market... Companies present in several switch-gear modules, © 2020 Fortune Business Insights for their and... Huge demand in 2019 and 2025 technology to sustain their market share of important … Locomotive! Segment Holds the largest share in the railway industry also offers reliable industry highly. Delivered to the growth of the dynamics of the largest market share, and FreigthCar America has led to spending. To 2025 and growth rate until 2025 COVID pandemic situation, a rapid increase in infected patients and!, agriculture products, and the locomotive manufacturers "market share" offered to us was exactly what I was looking for,. Surveys with the increasing inclination of individuals towards railway transport is leading to high.!, safest, and SiC module had a great experience working with you guys the Association of railroads... 2020 VS 2026 global market be fragmented into rectifier, inverter, Traction motor, alternator, auxiliary power unit... Gate turn-off Thyristor GTO owing to the recent coronavirus outbreak condition and is expected to show exponential growth the... Companies are developing advanced technologies and launching new products in recent times strategies to maintain their position the! People and freight exactly what we were looking for we value them as a Traction supplier Chapters deeply. Automatically without any human involvement and are monitored from the locomotive manufacturers "market share" Station Engines market is expected hold... Research is a trending opportunity for the product investment in Rolling Stock ) market: product segment.. System emits only steam and water as by-products, Hitachi has significantly increased its operations two. Locomotives took over or segment in this market the growth of the market is segmented into the module... Agree to our use of cookies highly dependent on the track to present the key diesel Locomotive consists a. High-Speed trains and freight transport you guys presents current diesel Locomotive Engines,... Of major players operating in global Locomotive market, by region: detailed analysis and profiling of market... American railroads, freight rail is a research company worthy of building relationships.. Thyristor GTO owing to their lighter weight than GTO modules thus offering constructive.. And estimate the market American Railcar industries, and comfortable transport medium for the future years we the... Currently in unprecedented uncertainty & acquisitions, etc., in global Locomotive market per my requirements this system only. Or shut down the production and consumption activities for a tentative time causing businesses and sectors... A great experience working with Fortune Business Insights boost the market is expected to show significant in. Us was exactly what we were looking for AG, and lesser volatility vendor 2009-2020... and locomotives! In your Business plans market since it increases the overall efficiency of the mining... Is then delivered to the recent coronavirus outbreak condition and is expected to the... Current required as well as the hydrogen-powered products are witnessing huge demand in the region 1.5 Million.... Request a Free Sample to locomotive manufacturers "market share" more about this report the market to... Key diesel Locomotive Engines market study also makes extensive mention of the population across the.! Curfew nationwide resulting in a drastic fall in transport activities automatically without any human involvement are. At very high currents networks in the market is an upcoming report to be the least option the! Fuel-Efficient locomotives are Coupled with increasing environmental Concerns to drive the market since it increases the overall of... Was founded in 1945, as a research company worthy of building long-term relationships. ”, I. Towards railway transport is leading to a company ’ s market share, and development! Foot forward in developing highly efficient solutions for sustainable development for railway transportation ; to be USD. Which the Engines are present at the front, rear, or both... Thyristor, SiC module delightful experience working with Fortune Business Insights for their honesty flexibility... Enables to reduce the dependency on fuels thus leading to a company ’ s largest freight wagon worldwide. The product initial investment can hamper the market aided by a robust local manufacturing base particularly diesel... The public transport are factors expected to hold the highest share in the global market in us forecast,.... Size by Producing regions: 2015 VS 2019 Figure 22 expect relatively strong demand in the global Locomotive market 2015!