A locomotive or engine is a rail transport vehicle that provides the motive power for a train.
This report contains market size and forecasts of Locomotive in global, including the following market information:
Global Locomotive Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Locomotive Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Locomotive companies in 2021 (%)
The global Locomotive market was valued at 13950 million in 2021 and is projected to reach US$ 15620 million by 2028, at a CAGR of 1.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electric Locomotive Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Locomotive include Transmashholding, CRRC, Alstom, Wabtec, Bombardier, CLW, BLW, Siemens and Hitachi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Locomotive manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Locomotive Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Locomotive Market Segment Percentages, by Type, 2021 (%)
Electric Locomotive
Diesel Locomotive
Global Locomotive Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Locomotive Market Segment Percentages, by Application, 2021 (%)
Freight Transport
Passenger Transport
Global Locomotive Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Locomotive Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Locomotive revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Locomotive revenues share in global market, 2021 (%)
Key companies Locomotive sales in global market, 2017-2022 (Estimated), (Units)
Key companies Locomotive sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Transmashholding
CRRC
Alstom
Wabtec
Bombardier
CLW
BLW
Siemens
Hitachi
Progress Rail
Stadler Rail
Hyundai Rotem