|Locomotive Market : Trending factors & Growth Drivers Impact Globally|
The Global Locomotive Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Locomotive industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Locomotive market along with crucial statistical data about the Locomotive market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
The global locomotive market size was USD 14.31 Billion in 2021 and is expected to register a revenue CAGR of 7.7% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of autonomous locomotive engines is a key factor driving market revenue growth.
The current COVID-19 pandemic is expected to have an effect on the growth of the Locomotive industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Locomotive sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Locomotive industry.
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The report offers insightful information about the market dynamics of the Locomotive market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Locomotive market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Locomotive market.
The report covers the following chapters:
- Impact of COVID-19 – This section describes the impact of COVID-19 on the Locomotive market.
- Global Market Size and Growth – This section contains the global historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional Analysis – This section contains the historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values and growth and market share comparison by region.
- Segmentation – This section contains the market values (2015-2030) and analysis for different segments.
- Global Macro Comparison – The global Locomotive market comparison with macro-economic factors gives the Locomotive market size, percentage of GDP, and average Locomotive market expenditure.
- Supply Chain – The supply chain section of the report defines and explains the key players in the Locomotive industry supply chain.
- Product/Service Analysis – The product/service analysis section of the report describes the leading products/services in the Locomotive market along with key features and differentiators for those products/services.
- Customer Information – This chapter covers recent customers’ trends/preferences in the global Locomotive market.
- Trends and Strategies – This chapter describes the major trends shaping the global Locomotive market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
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Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Strukton, Alstom SA., Hitachi Ltd., Bombardier Inc., Bharat Heavy Electricals Limited, Brookville Equipment Corporation, CRRC Corporation Limited, AEG Power Solutions, Toshiba Corporation, Siemens AG., Mitsubishi Heavy Industries, Ltd., and Wabtec Corporation
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Locomotive Market Segmentation:
- Technology Outlook (Revenue, USD Billion; 2019-2030)
- Gate Turn-Off (GTO) Thyristor
- Insulated-Gate Bipolar Transistor (IGBT) Module
- Silicon Carbide (SiC) Module
- Type Outlook (Revenue, USD Billion; 2019-2030)
- Component Outlook (Revenue, USD Billion; 2019-2030)
- Traction Motor
- Auxiliary Power Conversion Unit
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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