0

Global Electric Locomotive Engines Market 2017-2021

  • Published: Apr 2017
  • Pages: 70
  • SKU: IRTNTR12427
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

This market research study identifies ALSTOM, China CNR, and Siemens as the leading players in the global electric locomotive engines market. A comprehensive analysis of this market is also presented by the application (passenger transport and freight transport) and by geography (the Americas, APAC, and EMEA).

Overview of the global electric locomotive engines market

According to Technavio’s analyst, the global electric locomotive engines market is anticipated to grow at a steady rate and post a CAGR of close to 4% during the forecast period. The increasing preference for non-polluting and energy-efficient transportation system will drive the growth prospects for the global electric locomotive engines market until the end of 2021. It has been observed that the transport segment accounted for about 25% of the global carbon dioxide emissions from fuel combustion in 2015, which, in turn, will drive the preference for electric locomotive engines over their traditional diesel train counterparts. Additionally, the rising preference for electric locomotive engines for freight transportation due to their fuel-efficiency and on-time modes of transportation, which will increase freight transportation through rails, will also fuel the growth of this global market in the coming years.

The emergence of dual-mode locomotive electric trains will be one of the major trends that will gain traction in the electric locomotive engines market for the next four years. Due to their reduced dependence on petrol, the coming years will witness an increased preference for dual mode trains, which will be one of the major factors propelling the growth of this market.

Competitive landscape and key vendors

The global electric locomotive engines market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that several vendors are increasingly focusing on expanding their customer base and increasing their investments in research and developmental activities.

Key vendors in this market are -

  • ALSTOM
  • China CNR
  • Siemens

Other prominent vendors in the market include CAF, MITSUI, ŠKODA AUTO, and Talgo.

Segmentation by application and analysis of the electric locomotive engines market

  • Passenger transport
  • Freight transport

The electric locomotive engines market in freight transport accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. One of the major factors responsible for the growing preference for electric rail engines in freight transportation is the increasing traffic congestion on highways and rising fuel prices.

Segmentation by geography and analysis of the electric locomotive engines market

  • Americas
  • APAC
  • EMEA

In terms of geography, APAC accounted for the majority market share during 2016 and will continue to dominate the market during the forecasted period. Some of the major factors responsible for the market’s growth in the region is the increasing volumes of freight to be transported and the constantly increasing number of vehicles.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global electric locomotive engines market?
  • What are the key market trends impacting the growth of the global electric locomotive engines market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global electric locomotive engines market?
  • What are the market opportunities and threats faced by the vendors in the global electric locomotive engines market?
  • What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the global electric locomotive engines market?

Technavio also offers customization on reports based on specific client requirement.

Table of Contents

PART 01: Executive summary

PART 02: Scope of  the report

PART 03: Research Methodology

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Five forces analysis

PART 06: Market segmentation  by application

  • Global electric locomotive engines market by application
  • Electric locomotive engines market in freight transport
  • Electric locomotive engines market in passenger transport

PART 07: Geographical segmentation

  • Geographical segmentation of global electric locomotive engines market
  • Electric locomotive engines market in EMEA
  • Electric locomotive engines market in Americas

PART 08: Key leading countries

PART 09: Market drivers

  • Stringent emission standards for diesel locomotive engines
  • Increasing preference for non-polluting and energy-efficient transport
  • Increasing government expenditure on developing rail systems for public transport

PART 10: Impact of drivers

PART 11: Market challenges

  • Augmented cost of rail electrification and freight volumes
  • Heavy dependence on road for freight movement
  • Rising preference for road transport for passenger mobility

PART 12: Impact of drivers and challenges

PART 13: Market trends

  • Emergence of dual-mode locomotive trains
  • Use of autonomous locomotive engines for long-distance transport
  • Emergence of hydrogen-powered locomotive engines

PART 14: Vendor landscape

  • Competitor landscape
  • Other prominent vendors

PART 15: Key vendor analysis

  • ALSTOM
  • China CNR
  • Siemens

PART 16: Appendix

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>