Global Locomotive Market Overview

The Global Locomotive Market size is expected to grow from USD 18.10 billion in 2022 to USD 34.92 billion by 2030, at a CAGR of 8.56 % during the forecast period (2023-2030).

A locomotive is a powered rail transport vehicle that powers a train without payload capacity and its use is solely to pull the train along the railroad tracks. But nowadays, push-pull operations are becoming more common, with locomotives behind, in front of, or at both ends of the train. Electric locomotives are preferred because of their high performance, low maintenance, and energy costs, and low levels of pollution. In the foreseeable term, increased urbanization, traffic congestion, expanding environmental concerns, and technology improvements are expected to fuel locomotive demand. Governments are actively participating in the market to construct railways, which are the cheapest and safest mode of transportation which further boosts the growth of the locomotive Market.

Covid-19 Impact on Locomotive Market

The global market for the locomotive is severely impacted by the outbreak of the COVID-19 pandemic. The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns. Owing to the lockdown implemented across various countries, national and international transport has been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply-demand gap. Thus, insufficiency in raw material supply is expected to hamper the production rate of locomotives, which negatively impacts market growth. Social distancing norms and government regulations halted local transportation including railways across the world which created the growth hampering impact on locomotive manufacturing and repair demand across the globe. These restrictions have made a larger impact, especially India and China as the largest used public transport to travel across the country. However, this situation is expected to improve as the government has started relaxing norms around the world for resuming business activities.

Market Dynamics And Key Factors For Locomotive Market

Drivers:

Progress in urbanization, environmental sustainability, a wide range of future rail projects, increasing demand for energy-efficient vehicles, and expanding rail network infrastructure are key factors driving the locomotive market. The extensive rail network around the world continues to support the growth of electric locomotives to meet the demand for public transport. In addition, the demand for locomotive motors is increasing due to technological advances such as the introduction of SiC modules, IGBT modules, and auxiliary power units. These advances have reduced emission levels, improved fuel efficiency, and reduced overall weight. This has reduced power consumption when it's used in its current state.

Railroads are a cost-effective and environmentally friendly alternative as environmental concerns about emissions from roads and air transport increase and urban congestion increases. In most countries with the largest rail network, management is managed by private stakeholders. But at the same time, the government has some control over its operations. India, which has the fourth largest railway network in the world, has a state-owned railway network, and the budget allocation of Indian Railways in 2019 is the US $ 9.62 billion, which is 19.5% more than the previous year. In addition, railroads are planned to spend $ 23.4 billion on capital. Similarly, the UK`s government has announced that around USD 50 billion of investment will be done on the rail network.

Restraints:

Certain restraints are hindering the growth of the global locomotive market. Vehicle capital intensity, high maintenance, and overhaul costs are the main impediments to market growth. Despite these market challenges, the global market is expected to grow at a reasonable rate over the next few years. The increase in mining and industrial activity, coupled with technological advances in the field of SiC inverters, will further drive the growth of the locomotive market.

Opportunities:

For achieving zero wheel-to-wheel emission many locomotives manufacturers are coming up with new propulsion technologies locomotives such as the hybrid diesel-electric battery, completely battery-electric, and hydrogen fuel cell. For instance, in 2018, CRRC corporation signed a framework agreement with Deutsche Bahn Group of Germany to export 20 hybrid shunting locomotives. With a maximum speed of 100km/h this locomotive is a combination of third-rail, diesel, and a lithium-titanite battery hybrid electric transmission. Bombardier's Talent 3 locomotive currently has a battery range of 40 km only but the company's future target is to increase it up to 100 km. Another example, Siemen's Cityjet eco which is a battery-electric train for shorter routes is being adopted in Austria under the plan of Austrian Federal Railways Update Fleet Strategy 2035 to achieve zero-emission traction across its fleet by 2035.

Market Segmentation

Segmentation Analysis of Locomotive Market

By Operation Engine, IGBT Power Module is dominating in the Locomotive market. Insulated Gate Bipolar Transistors (IGBTs) are today's state-of-the-art power electronics for the traction system of electric (and diesel-electric) rail vehicles. They replace the previous inverter generation represented by GTO (gate turn-off thyristors). In contrast to conventional transistors, IGBTs operate at very high currents (> 1000 A). The principle benefit of IGBTs over GTOs is a much (3 to 4 times) higher switching frequency. This reduces the current required and therefore the heat generated, giving smaller and lighter units. The high switching frequencies also smoothen the acceleration process and reduce the traction noise. Power electronics based on IGBTs are used in several fields in industry and transportation.

By Motive Power, the Diesel segment is dominating the locomotive market. Diesel-powered locomotive engines are the most used type of motive power engines in the world. Since the development of the locomotive engine, diesel-powered engines used for long-haul routes for passenger and freight purposes. This type of locomotive generates self-power by using diesel fuel with a two-stroke or four-stroke engine. For power generation, more types of equipment like a piston, generator, radiator, and other parts are required. Although electric engines provide clean and emission-free alternatives, the lack of overhead lines for longer routes and costly battery technology with limited range makes an obvious choice for diesel engines all over the globe. In India, for longer routes, railways use about 37% diesel engines and others attributed to hybrid and electric engines. Therefore, until electric-based engines and related infrastructure strengthen, diesel-powered engines are expected to dominate the locomotive market.

By Application, the Passenger segment is expected to dominate the locomotive market. Currently, the use of locomotive has exceeded by the passenger segment tremendously as a large percentage of crowd uses trains for longer journey in all part of the world due to cheap fair and comfort. During the second quarter (Q2) of the financial year 2021-22, 248 million rail passenger rides were made in the United Kingdom. This is an increase of 85.8% over the 133 million journeys made in 2020-21 Q2 and the highest number of journeys in a single quarter since the start of the year. Also, India has the largest railway network across the country and the largest passenger user in the world. More than 60% of passengers travel with Indian Railways for long-distance travel. Therefore, the Passenger segment is boosting the locomotive market worldwide.

Regional Analysis of Locomotive Market

The Asia Pacific is dominating the locomotive market.  The railway is the preferred means of transport among the passengers of the major Asian economies such as China, India, and Japan. With these three countries also topping the list of passenger-kilometer per year, in addition to that major manufacturers of the locomotive market are headquartered in this region. Local governments are putting more and more capital into advancing the present rail network. For instance, in 2018 China invested USD 117.12 billion in fixed rail assets and its plan for 2020 is to invest in 6,800 km of new railway lines which is 40% up from the previous year, in which approx. Half of the railway lines are high-speed rail. Whereas in India, Indian Railways is set to combine its locomotive manufacturing units and workshops into a new public sector unit (PSU) - Indian Railway Locomotive Company. This PSU will be structured along the lines of China's CRRC Group. In addition to that Indian railway is also modernizing the existing railway network by including a new OMRS system, which consists of an Acoustic Bearing Detector (ABD) or Rail Bearing Acoustic Monitor (RailBAM) that can detect the faults in the bearings and wheels of a rolling asset.

Players Covered in Locomotive Market are:

• Strukton
• Alstom
• AEG Power Solutions B.V.
• Siemens
• TOSHIBA CORPORATION
• CRRC
• Hitachi Ltd.
• Bombardier
• Bharat Heavy Electricals Limited
• Wabtec Corporation
• Metso Corporation
• Brookville Equipment Corporation and other major players.

Key Industry Developments In Locomotive Market

• March 2020, Alstom has signed a Memorandum of Understanding (MOU) for the acquisition of Bombardier Transportation with Bombardier Inc. and the Caisse de dépôt et placement du Québec ("CDPQ"). The total cost of acquiring all of Bombardier Transportation's shares is expected to be roughly €6 billion.
• In March 2020, In a Future of Shunting Locomotives conference, CZ Loko unveiled three new hybrid locomotive concepts: the DualShunter 2000, EffiLiner 2000, and DualLiner 2000. These models were expected to hit the track by 2023.
• April 2020, Toshiba Corporation has been granted 50 hybrid locomotive orders by Deutsche Bahn, with series production expected to begin in 2021. This hybrid locomotive can save 30% on annual energy consumption and 1 million liters on diesel consumption.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Motive Power
 3.3 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Locomotive Market by Type
 5.1 Locomotive Market Overview Snapshot and Growth Engine
 5.2 Locomotive Market Overview
 5.3 Rigid
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Rigid: Grographic Segmentation
 5.4 Semi-rigid
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Semi-rigid: Grographic Segmentation
 5.5 FlexibleRigid
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 FlexibleRigid: Grographic Segmentation
 5.6 Semi-rigid
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Semi-rigid: Grographic Segmentation
 5.7 Flexible
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2028F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Flexible: Grographic Segmentation

Chapter 6: Locomotive Market by Motive Power
 6.1 Locomotive Market Overview Snapshot and Growth Engine
 6.2 Locomotive Market Overview
 6.3 Gas Turbine Electric
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Gas Turbine Electric: Grographic Segmentation
 6.4 Steam Diesel Hybrid
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Steam Diesel Hybrid: Grographic Segmentation
 6.5 Diesel
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Diesel: Grographic Segmentation
 6.6 Atomic Electric
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Atomic Electric: Grographic Segmentation
 6.7 Steam
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2016-2028F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Steam: Grographic Segmentation
 6.8 Others
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size (2016-2028F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Others: Grographic Segmentation

Chapter 7: Locomotive Market by Application
 7.1 Locomotive Market Overview Snapshot and Growth Engine
 7.2 Locomotive Market Overview
 7.3 Passenger
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Passenger: Grographic Segmentation
 7.4 Freight
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Freight: Grographic Segmentation
 7.5 Switcher Locomotives
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Switcher Locomotives: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Positioning
  8.1.2 Locomotive Sales and Market Share By Players
  8.1.3 Industry BCG Matrix
  8.1.4 Ansoff Matrix
  8.1.5 Locomotive Industry Concentration Ratio (CR5 and HHI)
  8.1.6 Top 5 Locomotive Players Market Share
  8.1.7 Mergers and Acquisitions
  8.1.8 Business Strategies By Top Players
 8.2 STRUKTON
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Operating Business Segments
  8.2.5 Product Portfolio
  8.2.6 Business Performance
  8.2.7 Key Strategic Moves and Recent Developments
  8.2.8 SWOT Analysis
 8.3 ALSTOM
 8.4 AEG POWER SOLUTIONS B.V.
 8.5 SIEMENS
 8.6 TOSHIBA CORPORATION
 8.7 CRRC
 8.8 HITACHI LTD.
 8.9 BOMBARDIER
 8.10 BHARAT HEAVY ELECTRICALS LIMITED
 8.11 WABTEC CORPORATION
 8.12 METSO CORPORATION
 8.13 BROOKVILLE EQUIPMENT CORPORATION
 8.14 OTHER MAJOR PLAYERS

Chapter 9: Global Locomotive Market Analysis, Insights and Forecast, 2016-2028
 9.1 Market Overview
 9.2 Historic and Forecasted Market Size By Type
  9.2.1 Rigid
  9.2.2 Semi-rigid
  9.2.3 FlexibleRigid
  9.2.4 Semi-rigid
  9.2.5 Flexible
 9.3 Historic and Forecasted Market Size By Motive Power
  9.3.1 Gas Turbine Electric
  9.3.2 Steam Diesel Hybrid
  9.3.3 Diesel
  9.3.4 Atomic Electric
  9.3.5 Steam
  9.3.6 Others
 9.4 Historic and Forecasted Market Size By Application
  9.4.1 Passenger
  9.4.2 Freight
  9.4.3 Switcher Locomotives

Chapter 10: North America Locomotive Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Rigid
  10.4.2 Semi-rigid
  10.4.3 FlexibleRigid
  10.4.4 Semi-rigid
  10.4.5 Flexible
 10.5 Historic and Forecasted Market Size By Motive Power
  10.5.1 Gas Turbine Electric
  10.5.2 Steam Diesel Hybrid
  10.5.3 Diesel
  10.5.4 Atomic Electric
  10.5.5 Steam
  10.5.6 Others
 10.6 Historic and Forecasted Market Size By Application
  10.6.1 Passenger
  10.6.2 Freight
  10.6.3 Switcher Locomotives
 10.7 Historic and Forecast Market Size by Country
  10.7.1 U.S.
  10.7.2 Canada
  10.7.3 Mexico

Chapter 11: Europe Locomotive Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Rigid
  11.4.2 Semi-rigid
  11.4.3 FlexibleRigid
  11.4.4 Semi-rigid
  11.4.5 Flexible
 11.5 Historic and Forecasted Market Size By Motive Power
  11.5.1 Gas Turbine Electric
  11.5.2 Steam Diesel Hybrid
  11.5.3 Diesel
  11.5.4 Atomic Electric
  11.5.5 Steam
  11.5.6 Others
 11.6 Historic and Forecasted Market Size By Application
  11.6.1 Passenger
  11.6.2 Freight
  11.6.3 Switcher Locomotives
 11.7 Historic and Forecast Market Size by Country
  11.7.1 Germany
  11.7.2 U.K.
  11.7.3 France
  11.7.4 Italy
  11.7.5 Russia
  11.7.6 Spain
  11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Locomotive Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Rigid
  12.4.2 Semi-rigid
  12.4.3 FlexibleRigid
  12.4.4 Semi-rigid
  12.4.5 Flexible
 12.5 Historic and Forecasted Market Size By Motive Power
  12.5.1 Gas Turbine Electric
  12.5.2 Steam Diesel Hybrid
  12.5.3 Diesel
  12.5.4 Atomic Electric
  12.5.5 Steam
  12.5.6 Others
 12.6 Historic and Forecasted Market Size By Application
  12.6.1 Passenger
  12.6.2 Freight
  12.6.3 Switcher Locomotives
 12.7 Historic and Forecast Market Size by Country
  12.7.1 China
  12.7.2 India
  12.7.3 Japan
  12.7.4 Singapore
  12.7.5 Australia
  12.7.6 New Zealand
  12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Locomotive Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Rigid
  13.4.2 Semi-rigid
  13.4.3 FlexibleRigid
  13.4.4 Semi-rigid
  13.4.5 Flexible
 13.5 Historic and Forecasted Market Size By Motive Power
  13.5.1 Gas Turbine Electric
  13.5.2 Steam Diesel Hybrid
  13.5.3 Diesel
  13.5.4 Atomic Electric
  13.5.5 Steam
  13.5.6 Others
 13.6 Historic and Forecasted Market Size By Application
  13.6.1 Passenger
  13.6.2 Freight
  13.6.3 Switcher Locomotives
 13.7 Historic and Forecast Market Size by Country
  13.7.1 Turkey
  13.7.2 Saudi Arabia
  13.7.3 Iran
  13.7.4 UAE
  13.7.5 Africa
  13.7.6 Rest of MEA

Chapter 14: South America Locomotive Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Rigid
  14.4.2 Semi-rigid
  14.4.3 FlexibleRigid
  14.4.4 Semi-rigid
  14.4.5 Flexible
 14.5 Historic and Forecasted Market Size By Motive Power
  14.5.1 Gas Turbine Electric
  14.5.2 Steam Diesel Hybrid
  14.5.3 Diesel
  14.5.4 Atomic Electric
  14.5.5 Steam
  14.5.6 Others
 14.6 Historic and Forecasted Market Size By Application
  14.6.1 Passenger
  14.6.2 Freight
  14.6.3 Switcher Locomotives
 14.7 Historic and Forecast Market Size by Country
  14.7.1 Brazil
  14.7.2 Argentina
  14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. LOCOMOTIVE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. LOCOMOTIVE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. LOCOMOTIVE MARKET COMPETITIVE RIVALRY
TABLE 005. LOCOMOTIVE MARKET THREAT OF NEW ENTRANTS
TABLE 006. LOCOMOTIVE MARKET THREAT OF SUBSTITUTES
TABLE 007. LOCOMOTIVE MARKET BY TYPE
TABLE 008. RIGID MARKET OVERVIEW (2016-2028)
TABLE 009. SEMI-RIGID MARKET OVERVIEW (2016-2028)
TABLE 010. FLEXIBLERIGID MARKET OVERVIEW (2016-2028)
TABLE 011. SEMI-RIGID MARKET OVERVIEW (2016-2028)
TABLE 012. FLEXIBLE MARKET OVERVIEW (2016-2028)
TABLE 013. LOCOMOTIVE MARKET BY MOTIVE POWER
TABLE 014. GAS TURBINE ELECTRIC MARKET OVERVIEW (2016-2028)
TABLE 015. STEAM DIESEL HYBRID MARKET OVERVIEW (2016-2028)
TABLE 016. DIESEL MARKET OVERVIEW (2016-2028)
TABLE 017. ATOMIC ELECTRIC MARKET OVERVIEW (2016-2028)
TABLE 018. STEAM MARKET OVERVIEW (2016-2028)
TABLE 019. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 020. LOCOMOTIVE MARKET BY APPLICATION
TABLE 021. PASSENGER MARKET OVERVIEW (2016-2028)
TABLE 022. FREIGHT MARKET OVERVIEW (2016-2028)
TABLE 023. SWITCHER LOCOMOTIVES MARKET OVERVIEW (2016-2028)
TABLE 024. NORTH AMERICA LOCOMOTIVE MARKET, BY TYPE (2016-2028)
TABLE 025. NORTH AMERICA LOCOMOTIVE MARKET, BY MOTIVE POWER (2016-2028)
TABLE 026. NORTH AMERICA LOCOMOTIVE MARKET, BY APPLICATION (2016-2028)
TABLE 027. N LOCOMOTIVE MARKET, BY COUNTRY (2016-2028)
TABLE 028. EUROPE LOCOMOTIVE MARKET, BY TYPE (2016-2028)
TABLE 029. EUROPE LOCOMOTIVE MARKET, BY MOTIVE POWER (2016-2028)
TABLE 030. EUROPE LOCOMOTIVE MARKET, BY APPLICATION (2016-2028)
TABLE 031. LOCOMOTIVE MARKET, BY COUNTRY (2016-2028)
TABLE 032. ASIA PACIFIC LOCOMOTIVE MARKET, BY TYPE (2016-2028)
TABLE 033. ASIA PACIFIC LOCOMOTIVE MARKET, BY MOTIVE POWER (2016-2028)
TABLE 034. ASIA PACIFIC LOCOMOTIVE MARKET, BY APPLICATION (2016-2028)
TABLE 035. LOCOMOTIVE MARKET, BY COUNTRY (2016-2028)
TABLE 036. MIDDLE EAST & AFRICA LOCOMOTIVE MARKET, BY TYPE (2016-2028)
TABLE 037. MIDDLE EAST & AFRICA LOCOMOTIVE MARKET, BY MOTIVE POWER (2016-2028)
TABLE 038. MIDDLE EAST & AFRICA LOCOMOTIVE MARKET, BY APPLICATION (2016-2028)
TABLE 039. LOCOMOTIVE MARKET, BY COUNTRY (2016-2028)
TABLE 040. SOUTH AMERICA LOCOMOTIVE MARKET, BY TYPE (2016-2028)
TABLE 041. SOUTH AMERICA LOCOMOTIVE MARKET, BY MOTIVE POWER (2016-2028)
TABLE 042. SOUTH AMERICA LOCOMOTIVE MARKET, BY APPLICATION (2016-2028)
TABLE 043. LOCOMOTIVE MARKET, BY COUNTRY (2016-2028)
TABLE 044. STRUKTON: SNAPSHOT
TABLE 045. STRUKTON: BUSINESS PERFORMANCE
TABLE 046. STRUKTON: PRODUCT PORTFOLIO
TABLE 047. STRUKTON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. ALSTOM: SNAPSHOT
TABLE 048. ALSTOM: BUSINESS PERFORMANCE
TABLE 049. ALSTOM: PRODUCT PORTFOLIO
TABLE 050. ALSTOM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. AEG POWER SOLUTIONS B.V.: SNAPSHOT
TABLE 051. AEG POWER SOLUTIONS B.V.: BUSINESS PERFORMANCE
TABLE 052. AEG POWER SOLUTIONS B.V.: PRODUCT PORTFOLIO
TABLE 053. AEG POWER SOLUTIONS B.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. SIEMENS: SNAPSHOT
TABLE 054. SIEMENS: BUSINESS PERFORMANCE
TABLE 055. SIEMENS: PRODUCT PORTFOLIO
TABLE 056. SIEMENS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. TOSHIBA CORPORATION: SNAPSHOT
TABLE 057. TOSHIBA CORPORATION: BUSINESS PERFORMANCE
TABLE 058. TOSHIBA CORPORATION: PRODUCT PORTFOLIO
TABLE 059. TOSHIBA CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. CRRC: SNAPSHOT
TABLE 060. CRRC: BUSINESS PERFORMANCE
TABLE 061. CRRC: PRODUCT PORTFOLIO
TABLE 062. CRRC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. HITACHI LTD.: SNAPSHOT
TABLE 063. HITACHI LTD.: BUSINESS PERFORMANCE
TABLE 064. HITACHI LTD.: PRODUCT PORTFOLIO
TABLE 065. HITACHI LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. BOMBARDIER: SNAPSHOT
TABLE 066. BOMBARDIER: BUSINESS PERFORMANCE
TABLE 067. BOMBARDIER: PRODUCT PORTFOLIO
TABLE 068. BOMBARDIER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. BHARAT HEAVY ELECTRICALS LIMITED: SNAPSHOT
TABLE 069. BHARAT HEAVY ELECTRICALS LIMITED: BUSINESS PERFORMANCE
TABLE 070. BHARAT HEAVY ELECTRICALS LIMITED: PRODUCT PORTFOLIO
TABLE 071. BHARAT HEAVY ELECTRICALS LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. WABTEC CORPORATION: SNAPSHOT
TABLE 072. WABTEC CORPORATION: BUSINESS PERFORMANCE
TABLE 073. WABTEC CORPORATION: PRODUCT PORTFOLIO
TABLE 074. WABTEC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. METSO CORPORATION: SNAPSHOT
TABLE 075. METSO CORPORATION: BUSINESS PERFORMANCE
TABLE 076. METSO CORPORATION: PRODUCT PORTFOLIO
TABLE 077. METSO CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. BROOKVILLE EQUIPMENT CORPORATION: SNAPSHOT
TABLE 078. BROOKVILLE EQUIPMENT CORPORATION: BUSINESS PERFORMANCE
TABLE 079. BROOKVILLE EQUIPMENT CORPORATION: PRODUCT PORTFOLIO
TABLE 080. BROOKVILLE EQUIPMENT CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 081. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 082. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 083. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. LOCOMOTIVE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. LOCOMOTIVE MARKET OVERVIEW BY TYPE
FIGURE 012. RIGID MARKET OVERVIEW (2016-2028)
FIGURE 013. SEMI-RIGID MARKET OVERVIEW (2016-2028)
FIGURE 014. FLEXIBLERIGID MARKET OVERVIEW (2016-2028)
FIGURE 015. SEMI-RIGID MARKET OVERVIEW (2016-2028)
FIGURE 016. FLEXIBLE MARKET OVERVIEW (2016-2028)
FIGURE 017. LOCOMOTIVE MARKET OVERVIEW BY MOTIVE POWER
FIGURE 018. GAS TURBINE ELECTRIC MARKET OVERVIEW (2016-2028)
FIGURE 019. STEAM DIESEL HYBRID MARKET OVERVIEW (2016-2028)
FIGURE 020. DIESEL MARKET OVERVIEW (2016-2028)
FIGURE 021. ATOMIC ELECTRIC MARKET OVERVIEW (2016-2028)
FIGURE 022. STEAM MARKET OVERVIEW (2016-2028)
FIGURE 023. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 024. LOCOMOTIVE MARKET OVERVIEW BY APPLICATION
FIGURE 025. PASSENGER MARKET OVERVIEW (2016-2028)
FIGURE 026. FREIGHT MARKET OVERVIEW (2016-2028)
FIGURE 027. SWITCHER LOCOMOTIVES MARKET OVERVIEW (2016-2028)
FIGURE 028. NORTH AMERICA LOCOMOTIVE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. EUROPE LOCOMOTIVE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. ASIA PACIFIC LOCOMOTIVE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. MIDDLE EAST & AFRICA LOCOMOTIVE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. SOUTH AMERICA LOCOMOTIVE MARKET OVERVIEW BY COUNTRY (2016-2028)