Locomotive Market Research Report - Global Forecast To 2025

1. Locomotive Market Research Report By Forecast 2025 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2025 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2. Locomotive Market Forecast To 2025 Locomotive Market Forecast To 2025 Locomotive continues to the force that drive the global railway transport sector. Locomotive demand has increased partly owing to the expansion of the railway sector in third-world countries around the global. However, emerging economies remain the key destination for market players. As per the report published by Market Research Future (MRFR), the global locomotive market is set to exhibit a CAGR of 3.5% between 2018 and 2025. Toward the end of the assessment period the market is expected to reach a valuation of USD 5 Bn. The fist locomotive systems where basically powered by steam whereas most locomotives today run on electricity or diesel. The rolling stock industry has witnessed significant technological transformation over the years. Modern locomotives are more powerful and faster. Locomotive are used hauling both passenger and freights. www.marketresearchfuture.com

3. Locomotive Market Forecast To 2025 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on Internet of Locomotive Market Forecast To 2025” • The global locomotive market is befitting from the rapid urbanization in developing countries around the world. Over the years, there has been a significant expansion in rail networks across both developed and developing countries, which has boosted the demand for locomotive. Increased focus on improving rail transportation infrastructure especially in developing countries has reflected favourably on the global locomotive market. Development high-speed freight corridor and passenger rail system in order to improve the railway transport services has to need for superior locomotives. • The primary growth drivers of the locomotive market include advances in locomotive systems, robust industrial growth, and economic stability. Emergence of data-driven maintenance services and e-mobility technology is likely to the influence the locomotive market. The autonomous locomotive engines are drawing significant commercial interest owing to their market potential. www.marketresearchfuture.com

4. Locomotive Market Forecast To 2025 Global Locomotive Market Segmented on the basis of The segmental analysis of the market has been conducted based on technology, component, type and region. By technology, key segments include SiC Module, GTO Thyristor and IGBT module. Of the three segments, the IGBT segment is anticipated to exhibits an impressive growth over the next several years. By component, key segments include inverter, rectifier, alternator, tractor motor and others. In terms of value, the rectifier segment currently accounts for a sizeable share of the market and is likely to remain high profitable during the projected period. By type, key segments include electric, diesel and others. In terms of value, the electric segment holds a significant market share. www.marketresearchfuture.com

5. Locomotive Market Forecast To 2025 Global Locomotive Market - Geographical Analysis On the basis of region, the market has been segmented into Asia Pacific (APAC), Europe, North America and the rest of the world (RoW). APAC dominates the global locomotive market in terms of value. APAC is likely to retain its dominant position throughout the assessment period. The fast-expanding customer base in the region due to rapid economic growth in countries such as India and China is supporting the market growth. Asia Pacific is followed by Europe, which is the second largest market for locomotive in the world. The market in Europe is expected to remain highly attractive during the assessment period. North America is expected to remain in the radars of market players. The US makes a sizable contribution to the North America locomotive market in terms of revenue. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1889 www.marketresearchfuture.com

6. Locomotive Market Forecast To 2025 Global Locomotive Market - Competitive Analysis • Some of the leading companies operating in the global market for AEG Power Solutions (Germany), Alstom S.A (France), Transmashholding (Russia), Kawasaki Heavy Industries (Japan), Bombardier Transportation (Canada), CRRC Corporation Limited (China), Stadler Rail (Switzerland), EMD Caterpillar (US), GE Transportation (US) and Siemens AG (Germany). Browse Report @ https://www.marketresearchfuture.com/reports/locomotive-market-1889 www.marketresearchfuture.com

7. ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. www.marketresearchfuture.com

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