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'.
The global average price of Locomotives is in the decreasing trend, from 2.88 M USD/Unit in 2013 to 2.47 million USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Locomotives includes Diesel Locomotive and Electric Locomotive. The proportion of Diesel Locomotive in 2017 is about 72.05%, and the proportion is in decreasing trend from 2013 to 2017 as the electric locomotive has more advantages.
Asia Pacific is the largest consumption place, with a consumption market share nearly 40.65% in 2017. Following Asia Pacific, North America is the second largest consumption place with the consumption market share of 23.88%.
Global Locomotives (Rolling Stock) market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Locomotives (Rolling Stock).
This industry study presents the global Locomotives (Rolling Stock) market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Locomotives (Rolling Stock) production, revenue and market share by manufacturers, key regions and type;
The consumption of Locomotives (Rolling Stock) in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders CRRC, GE, etc.
The following manufacturers are covered in this report:
Kawasaki Heavy Industries
Locomotives (Rolling Stock) Breakdown Data by Type
Locomotives (Rolling Stock) Breakdown Data by Application
Locomotives (Rolling Stock) Production by Region
Locomotives (Rolling Stock) Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Locomotives (Rolling Stock) status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Locomotives (Rolling Stock) manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Locomotives (Rolling Stock) :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Locomotives (Rolling Stock) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.