Locomotives Market Size by Key Players, Growth Factors, Regions and Applications, Industry Forecast By 2023

Jan 7, 2019

Market Study Report adds 2018-2023 Global Locomotives market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

Selbyville, Delaware - January 7, 2019 /MarketersMedia/ —

Over the last few years, the global locomotives market has apparently experienced a fluctuating growth of sorts, having registered an average growth rate of -0.86%. As per a research report compiled, the overall revenue of the locomotives market had been pegged at around USD 8.79 billion in the year 2017. The report also claims that the actual production was around 3560 units in the same year.

The locomotives market is essentially bifurcated into diesel locomotives and electric locomotives. In the year 2017, the proportion of diesel locomotives was pegged at nearly 72.05 percent, however, the proportion witnessed a decreasing trend between 2013 and 2017 owing to the advantages associated with electric locomotives.

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This report studies the Locomotives market. 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'.

Market Segment by Manufacturers, this report covers:

 CRRC
 GE Transportation
 Alstom
 Siemens
 Bombardier
 Hitachi
 Transmashholding
 EMD (Caterpillar)
 Kawasaki Heavy Industries
 Stadler Rail AG
 Hyundai Rotem

Elaborating with respect to the regional landscape, it is prudent to mention that Asia Pacific emerged as the largest consumption place, with a recorded consumption market share of nearly 40.65 percent in the year 2017. After the Asia Pacific zone however, North America prevailed as the second largest place of consumption with a 23.88 percent consumption market share.

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Market Segment by Type, covers:

 Diesel Locomotive
 Electric Locomotive

Market Segment by Applications, can be divided into:

 Passenger Transport
 Freight Transport

The report claims that the market concentration degree of the global locomotives market is quite high. Major players like GE, CRRC, Siemens, Hitachi, Bombardier, EMD, Transmashholding, Hyundai Rotem, Stadler Rail, and Kawasaki Heavy Industries are known to lead the competitive spectrum of the industry. These key manufacturers hold significant technologies and trademarks with high-end customers and are presently in a position where their monopoly is most unlikely to be threatened with new entrants or otherwise.

Table of Content:

1 Market Overview

2 Manufacturers Profiles

3 Global Locomotives Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)

4 Global Locomotives Market Analysis by Regions

5 North America Locomotives by Countries

6 Europe Locomotives by Countries

7 Asia-Pacific Locomotives by Countries

8 South America Locomotives by Countries

9 Middle East and Africa Locomotives by Countries

10 Global Locomotives Market Segment by Type

11 Global Locomotives Market Segment by Application

12 Locomotives Market Forecast (2018-2023)

13 Sales Channel, Distributors, Traders and Dealers

14 Research Findings and Conclusion

15 Appendix

More Details on this Report at: https://www.marketstudyreport.com/reports/global-locomotives-market-2018-by-manufacturers-countries-type-and-application-forecast-to-2023

Related Reports: -

Global Locomotives Market Research Report 2025

This report studies the Locomotives market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the Locomotives market by product type and applications/end industries.

https://www.marketstudyreport.com/reports/global-locomotives-market-research-report-2025

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Source URL: https://marketersmedia.com/locomotives-market-size-by-key-players-growth-factors-regions-and-applications-industry-forecast-by-2023/465691

Source: MarketersMedia

Release ID: 465691

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