Global Locomotives (Rolling Stock) Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

Locomotive is a rail transport vehicle that provides the motive power for a train. Locomotives use electricity to drive forward motion despite some locomotive named 'diesel'. In diesel locomotive, a large diesel engine turns a shaft that drives a generator which makes electricity. This electrical energy powers large electric motors at the wheels called 'traction motors'.
The global average price of Locomotives is in the decreasing trend, from 2.88 M USD/Unit in 2013 to 2.47 million USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Locomotives includes Diesel Locomotive and Electric Locomotive. The proportion of Diesel Locomotive in 2017 is about 72.05%, and the proportion is in decreasing trend from 2013 to 2017 as the electric locomotive has more advantages.
Asia Pacific is the largest consumption place, with a consumption market share nearly 40.65% in 2017. Following Asia Pacific, North America is the second largest consumption place with the consumption market share of 23.88%.

Market Analysis and Insights: Global Locomotives (Rolling Stock) Market
In 2019, the global Locomotives (Rolling Stock) market size was US$ 80010 million and it is expected to reach US$ 102070 million by the end of 2026, with a CAGR of 3.5% during 2021-2026.
Global Locomotives (Rolling Stock) Scope and Market Size
Locomotives (Rolling Stock) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Locomotives (Rolling Stock) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Locomotives (Rolling Stock) market is segmented into
Diesel Locomotive
Electric Locomotive

Segment by Application, the Locomotives (Rolling Stock) market is segmented into
Passenger Transport
Freight Transport

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Locomotives (Rolling Stock) Market Share Analysis
Locomotives (Rolling Stock) market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Locomotives (Rolling Stock) product introduction, recent developments, Locomotives (Rolling Stock) sales by region, type, application and by sales channel.

The major companies include:
CRRC
GE
Alstom
Siemens
Bombardier
Hitachi
Transmashholding
EMD (Catepiller)
Kawasaki Heavy Industries
Stadler Rail
Hyundai Rotem

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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