Locomotive Market – 2019 Trends, Growth Insight, Size, Share, Leading Players, Competitive Analysis, Regional Overview, And Global Industry Forecast To 2023

Locomotive Market - 2019 Trends, Growth Insight, Size, Share, Leading Players, Competitive Analysis, Regional Overview, And Global Industry Forecast To 2023

“\”Locomotive Market\””
Locomotive Market to rise at highest CAGR and reach remarkable market value during 2019 and 2023 due to growing popularity of locomotive among the general public, according to Global Locomotive Market 2019 Industry Report published by “Market Research Future”.

For this study, the global Locomotive Market is segmented by Technology (conventional locomotive, turbocharged and MAGLEVS), Application (Passenger and Freight) and by Region – Global Forecast to 2022.

Get Free Sample “Locomotive Market Research Report – Global Forecast to 2022” at: https://www.marketresearchfuture.com/sample_request/1889

The key players in the global Locomotive market include:

Bharat Heavy Electricals Limited, Berliner Maschinenbau, Lokomo, China Northern Rail Corporation Limited, Bombardier Transportation, Brookville Equipment Corporation, GE Transportation, Alstom Ferroviaria S.p.A

Market Synopsis:

The locomotive is defined as a powered railway vehicle used for pulling trains. With vehicle market growing, the market for locomotive cannot be far behind. Market Research Future (MRFR) has published a research report about the global locomotive market that predicts growth for this market during the forecast period between 2016 and 2022.

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.

Analyzing the market structure, this report estimates the future growth potential of the market. It observes the strategies of the key players in the market and follows the competitive developments like joint ventures, new product developments, mergers and acquisitions, research and developments (R&D) in the market.

Market Segments Analysis:

The global locomotive market has been segmented on the basis of application, technology, and region. The application-based segmentation segments this market into passenger and freight. Passenger trains are for travelers whereas freight trains are meant for transferring goods from one place to another. Based on technology, the market has been segmented into the conventional locomotive, maglev, and turbocharged.

Regional Analysis:

The regional segmentation of the global locomotive market segments the market into the regional markets known North America, Europe, Asia Pacific, and rest of the world (RoW). During the forecast period, the Asia Pacific region has been estimated to dominate the global market due to improving socio-economic conditions in developing countries such as China, India, Indonesia, and Thailand. The high density of population in countries like China and India has resulted in an increase in need as well as demand for public transport, which in turn results in an increase in the number of government rail projects. Another important country-specific market in this region is Japan, followed by the remaining Asia Pacific countries.

Europe is another important regional market that is growing due to the presence of some key market players, high level of industrialization, and technological advancement that is second only to North America. In this region, the vital country-specific markets are France, Germany, Italy, Spain, and the UK. The highest number of national fleets of electric locomotives are found in Russia which along with China and India forms the top 3 list in this regard. France, Germany, and Italy are the next three in the league.

North America is a crucial regional market due to technological advancement, vehicle industry, heavy industrialization, and many key market players being present in this region. The maximum revenue in this region comes from the country-specific markets known as the USA, Canada, and Mexico.

The RoW segment covers South America and the Middle East & Africa (MEA) region. In South America, the market is growing slowly due to slow economic growth in this region. The most important country-specific markets in South America are Argentina and Brazil, followed by the remaining countries in South America. In the MEA region, the market is growing due to the demand for vehicles.  However, the market is limited in this region due to lack of necessary infrastructure, lack of technology, lack of awareness, and lack of education. In the MEA region, the major country-specific markets are Saudi Arabia, South Africa, Qatar, and the UAE, followed by the remaining countries in the MEA region.

TABLE OF CONTENTS:

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 RESEARCH OBJECTIVES

2.2.2 ASSUMPTIONS & LIMITATIONS

2.3 MARKETS STRUCTURE

3 MARKET RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 SECONDARY RESEARCH

3.3 PRIMARY RESEARCH

3.4 FORECAST MODEL

4 MARKET LANDSCAPE

4.1 FIVE FORCES ANALYSIS

4.1.1 THREAT OF NEW ENTRANTS

4.1.2 BARGAINING POWER OF BUYERS

4.1.3 BARGAINING POWER OF SUPPLIERS

4.1.4 THREAT OF SUBSTITUTES

4.1.5 SEGMENT RIVALRY

4.2 VALUE CHAIN/SUPPLY CHAIN OF GLOBAL LOCOMOTIVE MARKET

5 INDUSTRY OVERVIEW OF GLOBAL LOCOMOTIVE MARKET

5.1 INTRODUCTION

5.2 GROWTH DRIVERS

5.3 IMPACT ANALYSIS

5.4 MARKET CHALLENGES

Continued…

LIST OF TABLES:

TABLE 1 GLOBAL LOCOMOTIVE MARKET: BY REGION, 2017-2023

TABLE 2 NORTH AMERICA LOCOMOTIVE MARKET: BY COUNTRY, 2017-2023

TABLE 3 EUROPE LOCOMOTIVE MARKET: BY COUNTRY, 2017-2023

TABLE 4 ASIA PACIFIC LOCOMOTIVE MARKET: BY COUNTRY, 2017-2023

TABLE 5 MIDDLE EAST & AFRICA LOCOMOTIVE MARKET: BY COUNTRY, 2017-2023

TABLE 6 LATIN AMERICA LOCOMOTIVE MARKET: BY COUNTRY, 2017-2023

Continued…

LIST OF FIGURES:

FIGURE 1 GLOBAL LOCOMOTIVE MARKET SEGMENTATION

FIGURE 2 FORECAST METHODOLOGY

FIGURE 3 FIVE FORCES ANALYSIS OF GLOBAL LOCOMOTIVE MARKET

FIGURE 4 VALUE CHAIN OF GLOBAL LOCOMOTIVE MARKET

FIGURE 5 SHARE OF GLOBAL LOCOMOTIVE MARKET IN 2017, BY COUNTRY (IN %)

FIGURE 6 GLOBAL LOCOMOTIVE MARKET, 2017-2023,

Continued…

Browse More Details On Report At: https://www.marketresearchfuture.com/reports/locomotive-market-1889

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/locomotive-market-1889