MRFR’s Absolute Analysis on Locomotive Market, 2023
Locomotive Market Information Report by Technology (conventional locomotive, turbocharged and MAGLEVS), Application (Passenger and Freight) and by Region - Global Forecast to 2022
Market Highlights
Increasing rate of urbanization has been contributing towards the growing popularity of locomotive among the general public. Expansion of rail networks in majority of developed as well as developing nations as well as growing concern among the individuals regarding environmental sustainability has had a positive impact on the Global locomotives market. Significant investment by authorities across the globe in development of railway infrastructure for freight and high speed trains has also resulted in the growth of Global Locomotive Market.
Segments
The Automotive Position Sensor market has been segmented on the basis of technology as conventional locomotive, turbocharged and MAGLEVS. One the basis of application the market has been segmented as Passenger and Freight.
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Regional Analysis of Locomotive
Asia-Pacific region is expected to dominate the Global Locomotive Market mainly due to the existing infrastructure proving to be insufficient to cope with the increasing population. Europe is expected to hold the second largest share in the Global Locomotive Market mainly due to the largest market for rail products, of which major share is acquired by locomotives.
Asia-Pacific region held the major share within the Locomotive Market
Asia-Pacific region is expected to dominate the Global Locomotive Market mainly due to the existing infrastructure proving to be insufficient to cope with the increasing population. Europe is expected to hold the second largest share in the Global Locomotive Market mainly due to the largest market for rail products, of which major share is acquired by locomotives.
Intended Audience
- Locomotive manufacturing companies
- Locomotive service providers
- Locomotive Consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
Key Players
The leading players in the Locomotive Markets are Bharat Heavy Electricals Limited, Berliner Maschinenbau, Lokomo, China Northern Rail Corporation Limited, Bombardier Transportation, Brookville Equipment Corporation, GE Transportation, Alstom Ferroviaria S.p.A
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BRIEF TOC:
- EXECUTIVE SUMMARY
- RESEARCH METHODOLOGY
- MARKET DYNAMICS
- GLOBAL MARKET SEGMENTATION
- REGIONAL MARKET ANALYSIS
- COMPETITIVE ANALYSIS
- CONCLUSION
- LIST OF TABLES
- LIST OF FIGURES
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